Paychex (PAYX) Interest Coverage Ratio (2015 - 2026)
Paychex recorded quarterly Interest Coverage Ratio of 11.63 in Q1 2026, up 39.3% quarter-over-quarter from 8.35 in Q4 2025, and down 62.01% year-over-year from 30.61 in Q1 2025.
Paychex's Interest Coverage Ratio history runs 12 years deep, the most recent figure standing at 11.63 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 62.01% year-over-year to 11.63; the TTM figure through Feb 2026 stood at 8.7 (down 80.27% YoY), while the FY2025 annual figure 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.
- A 5-year average of 43.51 and a median of 51.34 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio rose 17.43% in 2022 and plunged 86.66% in 2025, its largest moves.
- Paychex's Interest Coverage Ratio stood at 51.34 in 2022, then rose by 16.0% to 59.55 in 2023, then retreated by 4.89% to 56.64 in 2024, then tumbled by 85.26% to 8.35 in 2025, then surged by 39.3% to 11.63 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 11.63, 8.35, and 7.95 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -9.39 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.81 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 13.64 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 38.38 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -17.35 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 57.43 |
| 10 | Paychex | 34.86 Bn | 33.07 Bn | 1.38 Bn | 11.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Feb 28, 2021 | 53.25 |
| Nov 30, 2020 | 39.37 |
| Aug 31, 2020 | 31.56 |
| May 31, 2020 | 32.92 |
| Feb 29, 2020 | 50.55 |
| Nov 30, 2019 | 33.83 |
| Aug 31, 2019 | 33.89 |
| May 31, 2019 | 34.18 |
| Feb 28, 2019 | 64.07 |
| Nov 30, 2018 | 384.00 |
| Aug 31, 2018 | 355.89 |
| May 31, 2018 | 431.57 |
| Feb 28, 2018 | 335.45 |
| Nov 30, 2017 | 233.15 |
| Aug 31, 2017 | 396.63 |
| May 31, 2017 | 498.17 |
| Feb 28, 2017 | 511.00 |
| Nov 30, 2016 | 518.50 |
| Aug 31, 2016 | 461.43 |
| May 31, 2016 | 690.75 |
| Feb 29, 2016 | 1,400.00 |
| Nov 30, 2015 | 980.67 |
| Aug 31, 2015 | 1,480.50 |