Paychex (PAYX) Invested Capital (2016 - 2026)
Paychex's (PAYX) quarterly Invested Capital came in at $8.3 billion in Q2 2026, down 12.67% year-over-year from $9.5 billion in Q2 2025, and down 11.49% quarter-over-quarter from $9.4 billion in Q1 2026.
Paychex (PAYX) Invested Capital (2016 - 2026) Analysis & Trends
Paychex has disclosed Invested Capital across 11 years of filings, most recently posting $8.3 billion for Q2 2026.
- In Q2 2026, Invested Capital fell 12.67% year-over-year to $8.3 billion; the TTM figure through May 2026 stood at $8.3 billion (down 12.67% YoY), while the FY2026 annual figure was $8.3 billion, down 12.67% from the prior year.
- Invested Capital came in at $8.3 billion for Q2 2026 at Paychex, down from $9.4 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $9.5 billion in Q2 2025 to a low of $3.9 billion in Q2 2022.
- Average Invested Capital over 5 years is $5.7 billion, with a median of $4.6 billion recorded in 2024.
- Year-over-year, Invested Capital jumped 104.76% in 2025 and decreased 12.67% in 2026.
- Over 5 years, Invested Capital stood at $4.0 billion in 2022, then climbed by 8.12% to $4.4 billion in 2023, then gained by 9.45% to $4.8 billion in 2024, then surged by 94.29% to $9.3 billion in 2025, then dropped by 10.37% to $8.3 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $8.3 billion in Q2 2026, $9.4 billion in Q1 2026, and $9.3 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 192.53 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 62.52 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 77.67 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 22.12 Bn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 11.00 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 27.91 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | 4.83 Bn |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | 37.64 Bn |
| 10 | Paychex | 37.16 Bn | 36.02 Bn | 1.19 Bn | 8.29 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 8.26 Bn |
| May 31, 2026 | 8.29 Bn |
| Feb 28, 2026 | 8.97 Bn |
| Nov 30, 2025 | 8.85 Bn |
| Aug 31, 2025 | 8.94 Bn |
| May 31, 2025 | 9.09 Bn |
| Feb 28, 2025 | 4.95 Bn |
| Nov 30, 2024 | 4.76 Bn |
| Aug 31, 2024 | 4.69 Bn |
| May 31, 2024 | 4.64 Bn |
| Feb 29, 2024 | 4.58 Bn |
| Nov 30, 2023 | 4.35 Bn |
| Aug 31, 2023 | 4.41 Bn |
| May 31, 2023 | 4.31 Bn |
| Feb 28, 2023 | 4.22 Bn |
| Nov 30, 2022 | 4.02 Bn |
| Aug 31, 2022 | 3.96 Bn |
| May 31, 2022 | 3.90 Bn |
| Feb 28, 2022 | 4.10 Bn |
| Nov 30, 2021 | 3.94 Bn |
Paychex Invested Capital 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=invested-capital&ticker=PAYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();