Paychex (PAYX) Operating Leases (2019 - 2026)
Paychex (PAYX) recorded Operating Leases of $62.9 million in fiscal Q1 2027 (quarter ended Aug 31, 2026), up 18.9% from $52.9 million a year earlier and up 20.5% from the prior quarter.
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Analysis
Paychex (PAYX) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended May 31, 2026), Paychex reported Operating Leases of $52.2 million, down 5.9% from FY2025.
- Annual Operating Leases has a five-year compound annual growth rate of -10.8% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $55.5 million in FY2025 (+13.3%), $49 million in FY2024 (-14.5%), $57.3 million in FY2023 (-23.4%) and $74.8 million in FY2022 (-19.0%).
- Quarterly Operating Leases has ranged from $45.7 million in fiscal Q2 2025 to $86.7 million in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Operating Leases rose in five of the last eight quarters, with growth averaging 10.2%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 45.7% in fiscal Q2 2026, against a decline of 23.4% in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $52.2 million (Q4 2026), $59.3 million (Q3 2026) and $66.6 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 466.81 Bn | 435.76 Bn | 1.64 Bn |
| 2 | Oracle | 391.66 Bn | 263.79 Bn | - |
| 3 | Sap Se | 264.19 Bn | 191.97 Bn | 8.40 Bn |
| 4 | Salesforce | 198.99 Bn | 154.86 Bn | 8.70 Bn |
| 5 | ServiceNow | 150.79 Bn | 129.25 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 115.74 Bn | 97.87 Bn | 2.51 Bn |
| 7 | Intuit | 90.06 Bn | 69.41 Bn | 3.44 Bn |
| 8 | Relx | 71.78 Bn | 70.87 Bn | - |
| 9 | Strategy | 51.10 Bn | 44.09 Bn | 81.55 Mn |
| 10 | Paychex | 39.54 Bn | 34.62 Bn | 1.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 62.90 Mn |
| 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 |
API Access
Paychex Operating Leases 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=operating-leases&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();