Paychex (PAYX) Interest Coverage Ratio (2010 - 2026)
Paychex (PAYX) reported Interest Coverage Ratio of 9.35 for Q2 2026, up 109.11% on a YoY basis from 4.47 in Q2 2025, and down 19.64% sequentially from 11.63 in Q1 2026.
Paychex (PAYX) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Paychex (PAYX) has 17 years of Interest Coverage Ratio data on file, last reported at 9.35 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 109.11% year-over-year to 9.35; the trailing twelve-month figure through May 2026 stood at 9.32 (down 84.18% YoY), and the FY2026 full-year result was 9.32, down 4.68% from the prior year.
- Interest Coverage Ratio retreated to 9.35 in Q2 2026, from 11.63 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 67.99 in Q1 2023 to a low of 102.64 in Q2 2025.
- A 5-year average of 35.53 and a median of 51.03 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio plunged 302.39% in 2025 and soared 109.11% in 2026, its largest moves.
- Tracing PAYX's Interest Coverage Ratio over 5 years: stood at 51.34 in 2022, then grew by 16.0% to 59.55 in 2023, then declined by 4.89% to 56.64 in 2024, then sank by 85.26% to 8.35 in 2025, then grew by 11.95% to 9.35 in 2026.
- Business Quant data shows PAYX's Interest Coverage Ratio at 9.35 in Q2 2026, 11.63 in Q1 2026, and 8.35 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -9.39 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.00 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 10.68 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.80 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.15 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -2.54 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -6.14 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 7.54 |
| 10 | Paychex | 39.35 Bn | 38.23 Bn | 1.14 Bn | 9.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 9.35 |
| Feb 28, 2026 | 11.63 |
| Nov 30, 2025 | 8.35 |
| Aug 31, 2025 | 7.95 |
| May 31, 2025 | -102.64 |
| Feb 28, 2025 | 30.61 |
| Nov 30, 2024 | 56.64 |
| Aug 31, 2024 | 56.95 |
| May 31, 2024 | 50.72 |
| Feb 29, 2024 | 65.64 |
| Nov 30, 2023 | 59.55 |
| Aug 31, 2023 | 57.05 |
| May 31, 2023 | 48.22 |
| Feb 28, 2023 | 67.99 |
| Nov 30, 2022 | 51.34 |
| Aug 31, 2022 | 54.46 |
| May 31, 2022 | 43.30 |
| Feb 28, 2022 | 62.53 |
| Nov 30, 2021 | 47.34 |
| Aug 31, 2021 | 48.14 |