Paychex (PAYX) Operating Leases (2019 - 2026)

Paychex (PAYX) posted Operating Leases of $52.2 million for Q2 2026, down 11.97% sequentially from $59.3 million in Q1 2026, and down 5.95% YoY from $55.5 million in Q2 2025.

Paychex (PAYX) Operating Leases (2019 - 2026) Analysis & Trends

Paychex has reported Operating Leases for 8 years, with the latest figure at $52.2 million in Q2 2026.

  • Quarterly Operating Leases fell 5.95% year-over-year to $52.2 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $52.2 million (down 5.95% YoY) and the FY2026 annual result came in at $52.2 million, down 5.95% from the prior year.
  • Operating Leases fell to $52.2 million in Q2 2026 per PAYX's latest filing, from $59.3 million in the prior quarter.
  • Over five years, Operating Leases peaked at $79.3 million in Q1 2022 and troughed at $45.7 million in Q4 2024.
  • A 5-year average of $58.3 million and a median of $55.3 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases slipped 23.4% in 2023, then soared 45.73% in 2025.
  • Over 5 years, Operating Leases stood at $66.8 million in 2022, then decreased by 19.91% to $53.5 million in 2023, then slipped by 14.58% to $45.7 million in 2024, then jumped by 45.73% to $66.6 million in 2025, then fell by 21.62% to $52.2 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $52.2 million, $59.3 million, and $66.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Paychex 43.39 Bn 42.27 Bn 1.14 Bn

Historic Data

Download Data
DateValue
May 31, 2026 52.20 Mn
Feb 28, 2026 59.30 Mn
Nov 30, 2025 66.60 Mn
Aug 31, 2025 52.90 Mn
May 31, 2025 55.50 Mn
Feb 28, 2025 47.10 Mn
Nov 30, 2024 45.70 Mn
Aug 31, 2024 49.40 Mn
May 31, 2024 49.00 Mn
Feb 29, 2024 51.50 Mn
Nov 30, 2023 53.50 Mn
Aug 31, 2023 55.10 Mn
May 31, 2023 57.30 Mn
Feb 28, 2023 62.90 Mn
Nov 30, 2022 66.80 Mn
Aug 31, 2022 71.00 Mn
May 31, 2022 74.80 Mn
Feb 28, 2022 79.30 Mn
Nov 30, 2021 86.70 Mn
Aug 31, 2021 92.60 Mn