Paychex (PAYX) Operating Leases (2019 - 2026)
Paychex (PAYX) reported Operating Leases of $52.2 million for Q2 2026, down 5.95% on a YoY basis from $55.5 million in Q2 2025, and down 11.97% sequentially from $59.3 million in Q1 2026.
Paychex (PAYX) Operating Leases (2019 - 2026) Analysis & Trends
Paychex (PAYX) has 8 years of Operating Leases data on file, last reported at $52.2 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 5.95% year-over-year to $52.2 million; the trailing twelve-month figure through May 2026 stood at $52.2 million (down 5.95% YoY), and the FY2026 full-year result was $52.2 million, down 5.95% from the prior year.
- Operating Leases fell to $52.2 million in Q2 2026, 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.
- A 5-year average of $58.3 million and a median of $55.3 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases retreated 23.4% in 2023 and jumped 45.73% in 2025, its largest moves.
- Tracing PAYX's Operating Leases over 5 years: stood at $66.8 million in 2022, then declined by 19.91% to $53.5 million in 2023, then fell by 14.58% to $45.7 million in 2024, then jumped by 45.73% to $66.6 million in 2025, then slipped by 21.62% to $52.2 million in 2026.
- Business Quant data shows PAYX's Operating Leases at $52.2 million in Q2 2026, $59.3 million in Q1 2026, and $66.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Paychex | 39.35 Bn | 38.23 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |