Paychex PAYX
NASDAQ PAYX
$121.71 -3.37 (-2.69%)
At close: Sep 4, 2026 · 4:00 PM EDT

Paychex (PAYX) Operating Leases (2019 - 2026)

Paychex's (PAYX) quarterly Operating Leases came in at $52.2 million in Q2 2026, down 5.95% year-over-year from $55.5 million in Q2 2025, and down 11.97% quarter-over-quarter from $59.3 million in Q1 2026.

Analysis

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

Paychex has disclosed Operating Leases across 8 years of filings, most recently posting $52.2 million for Q2 2026.

  • In Q2 2026, Operating Leases fell 5.95% year-over-year to $52.2 million; the TTM figure through May 2026 stood at $52.2 million (down 5.95% YoY), while the FY2026 annual figure was $52.2 million, down 5.95% from the prior year.
  • Operating Leases came in at $52.2 million for Q2 2026 at Paychex, down from $59.3 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $79.3 million in Q1 2022 to a low of $45.7 million in Q4 2024.
  • Average Operating Leases over 5 years is $58.3 million, with a median of $55.3 million recorded in 2023.
  • Year-over-year, Operating Leases decreased 23.4% in 2023 and surged 45.73% in 2025.
  • Over 5 years, Operating Leases stood at $66.8 million in 2022, then fell by 19.91% to $53.5 million in 2023, then retreated by 14.58% to $45.7 million in 2024, then surged by 45.73% to $66.6 million in 2025, then dropped by 21.62% to $52.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $52.2 million in Q2 2026, $59.3 million in Q1 2026, and $66.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Automatic Data Processing 110.44 Bn 106.21 Bn 2.51 Bn
2 Paychex 43.28 Bn 42.14 Bn 1.19 Bn
3 Paycom Software 10.27 Bn 10.07 Bn 412.40 Mn
4 Paylocity Holding 8.11 Bn 7.84 Bn 300.38 Mn
5 Kanzhun 7.88 Bn 5.57 Bn 306.38 Mn
6 Alight 393.98 Mn 180.98 Mn 142.00 Mn
7 Asure Software 267.49 Mn 247.81 Mn 25.06 Mn
8 Dhi 194.97 Mn 191.20 Mn 25.04 Mn
9 CXApp 5.71 Mn 5.71 Mn -
Historic Data

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