Paychex (PAYX) Interest Coverage Ratio (2015 - 2026)
Paychex's Interest Coverage Ratio was 9.51 in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 19.7% from 7.95 a year earlier and up 1.8% from the prior quarter.
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Analysis
Paychex (PAYX) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Paychex's Interest Coverage Ratio was 9.71 through Aug 31, 2026, down 27.7% year-over-year; for FY2026 (ended May 31, 2026), it came in at 9.32, down 55.5% from FY2025.
- In earlier fiscal years, Interest Coverage Ratio was 20.95 in FY2025 (-64.1%), 58.29 in FY2024 (+5.2%), 55.40 in FY2023 (+10.2%) and 50.27 in FY2022 (+23.2%).
- Quarterly Interest Coverage Ratio has moved between 6.77 (fiscal Q4 2025) and 67.99 (fiscal Q3 2023) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in two of the last eight quarters, with an average decline of 40.1%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q4 2026 (growth of 38.1%); the worst was fiscal Q4 2025 (a decline of 86.7%).
- Per Business Quant data, PAYX's Interest Coverage Ratio in the three fiscal quarters before Q1 2027 was 9.35 (Q4 2026), 11.63 (Q3 2026) and 8.35 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 4.71 |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 8.18 |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 4.93 |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | -15.08 |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 6.79 |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | - |
| 10 | Paychex | 35.35 Bn | 30.43 Bn | 1.20 Bn | 9.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 9.51 |
| May 31, 2026 | 9.35 |
| 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 |
API Access
Paychex Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PAYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();