Paychex (PAYX) Interest Coverage Ratio (2015 - 2026)

Paychex's (PAYX) quarterly Interest Coverage Ratio came in at 11.63 in Q1 2026, down 62.01% year-on-year from 30.61 in Q1 2025, and up 39.3% quarter-over-quarter from 8.35 in Q4 2025.

Paychex (PAYX) Interest Coverage Ratio (2015 - 2026) Analysis & Trends

Paychex has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 11.63 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 11.63, down 62.01% year-over-year; the trailing twelve-month figure through Feb 2026 was 8.7 (down 80.27% YoY), and the FY2025 annual result was 20.95, down 64.06% from the prior year.
  • Interest Coverage Ratio came in at 11.63 for Q1 2026 at Paychex, up from 8.35 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 6.77 in Q2 2025.
  • The 5-year median for Interest Coverage Ratio is 51.34 (2022), against an average of 43.51.
  • Across the five-year window, Interest Coverage Ratio increased 17.43% in 2022 and sank 86.66% in 2025, its largest moves.
  • Paychex's Interest Coverage Ratio stood at 51.34 in 2022, then increased by 16.0% to 59.55 in 2023, then fell by 4.89% to 56.64 in 2024, then plunged by 85.26% to 8.35 in 2025, then jumped by 39.3% to 11.63 in 2026.
  • The last three Interest Coverage Ratio figures came in at 11.63 (Q1 2026), 8.35 (Q4 2025), and 7.95 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -9.39
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.81
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 7.40
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 13.64
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -17.35
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 34.43
10 Paychex 36.04 Bn 34.25 Bn 1.38 Bn 11.63

Historic Data

Download Data
DateValue
Feb 28, 2026 11.63
Nov 30, 2025 8.35
Aug 31, 2025 7.95
May 31, 2025 6.77
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
May 31, 2021 39.31