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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 11.00 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 8.29 Bn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 1.47 Bn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 1.30 Bn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | - |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 3.04 Bn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 266.66 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 126.08 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 8.29 Bn |
| Feb 28, 2026 | 9.37 Bn |
| Nov 30, 2025 | 9.25 Bn |
| Aug 31, 2025 | 9.34 Bn |
| May 31, 2025 | 9.49 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 |
| Aug 31, 2021 | 3.86 Bn |