Paychex (PAYX) Interest Expenses (2015 - 2026)
Paychex's Interest Expenses was $65.1 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), down 4.5% from $68.2 million a year earlier but up 0.6% from the prior quarter.
Paychex (PAYX) Interest Expenses (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Paychex's Interest Expenses was $266.4 million through Aug 31, 2026, up 62.4% year-over-year; for FY2026 (ended May 31, 2026), it came in at $269.5 million, up 155.7% from FY2025.
- Interest Expenses has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 49.7% (FY2021 to FY2026).
- In earlier fiscal years, Interest Expenses was $105.4 million in FY2025 (+182.6%), $37.3 million in FY2024 (+1.6%), $36.7 million in FY2023 (+0.3%) and $36.6 million in FY2022 (+2.2%).
- Quarterly Interest Expenses has moved between $8.5 million (fiscal Q2 2024) and $68.5 million (fiscal Q2 2026) over five years.
- Compared with a year earlier, Interest Expenses was higher in seven of the last eight quarters, with growth averaging 267.5%.
- The best year-over-year quarter for Interest Expenses over five years was fiscal Q2 2026 (growth of 621.1%); the worst was fiscal Q2 2024 (a decline of 7.6%).
- Per Business Quant data, PAYX's Interest Expenses in the three fiscal quarters before Q1 2027 was $64.7 million (Q4 2026), $68.1 million (Q3 2026) and $68.5 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 456.40 Bn | 425.35 Bn | 1.64 Bn | - |
| 2 | Oracle | 382.94 Bn | 255.07 Bn | - | 1.43 Bn |
| 3 | Sap Se | 261.10 Bn | 188.88 Bn | 8.40 Bn | -375.44 Mn |
| 4 | Salesforce | 194.91 Bn | 150.78 Bn | 8.70 Bn | 473.00 Mn |
| 5 | ServiceNow | 145.90 Bn | 124.36 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 115.58 Bn | 97.71 Bn | 2.51 Bn | 121.00 Mn |
| 7 | Intuit | 89.20 Bn | 68.55 Bn | 3.44 Bn | 70.00 Mn |
| 8 | Relx | 71.58 Bn | 70.67 Bn | - | - |
| 9 | Strategy | 50.00 Bn | 42.99 Bn | 81.55 Mn | - |
| 10 | Paychex | 39.43 Bn | 34.51 Bn | 1.20 Bn | 65.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 65.10 Mn |
| May 31, 2026 | 64.70 Mn |
| Feb 28, 2026 | 68.10 Mn |
| Nov 30, 2025 | 68.50 Mn |
| Aug 31, 2025 | 68.20 Mn |
| May 31, 2025 | 63.70 Mn |
| Feb 28, 2025 | 22.60 Mn |
| Nov 30, 2024 | 9.50 Mn |
| Aug 31, 2024 | 9.60 Mn |
| May 31, 2024 | 9.50 Mn |
| Feb 29, 2024 | 9.90 Mn |
| Nov 30, 2023 | 8.50 Mn |
| Aug 31, 2023 | 9.40 Mn |
| May 31, 2023 | 9.40 Mn |
| Feb 28, 2023 | 9.00 Mn |
| Nov 30, 2022 | 9.20 Mn |
| Aug 31, 2022 | 9.10 Mn |
| May 31, 2022 | 9.10 Mn |
| Feb 28, 2022 | 9.00 Mn |
| Nov 30, 2021 | 9.30 Mn |
Paychex Interest Expenses 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-expenses&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();