Paychex (PAYX) Payout Ratio (2009 - 2026)
Paychex's (PAYX) Payout Ratio stood at 0.90 in fiscal Q1 2027 (quarter ended Aug 31, 2026), down 2.2% from 0.92 a year earlier and down 0.4% from the prior quarter.
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Analysis
Paychex (PAYX) Payout Ratio (2009 - 2026) Analysis & Trends
Starting with fiscal Q4 2009, Paychex's Payout Ratio history includes 70 quarters.
- Annual Payout Ratio has increased for four straight fiscal years.
- Across earlier fiscal years, Payout Ratio came in at 0.87 in FY2025 (+12.3%), 0.78 in FY2024 (+3.1%), 0.75 in FY2023 (+5.1%) and 0.72 in FY2022 (-13.3%).
- The fiscal Q1 2027 figure is the lowest quarterly Payout Ratio since fiscal Q4 2025.
- On a year-over-year basis, Payout Ratio rose in seven of the last eight quarters, with growth averaging 9.4%.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 47.9% in fiscal Q3 2023, against a decline of 39.5% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.90 (Q4 2026), 0.95 (Q3 2026) and 0.95 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 373.01 Bn | 337.83 Bn | 1.93 Bn |
| 2 | Oracle | 343.83 Bn | 215.96 Bn | - |
| 3 | Sap Se | 284.17 Bn | 211.56 Bn | 8.64 Bn |
| 4 | Salesforce | 182.25 Bn | 138.13 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 123.04 Bn | 109.84 Bn | 2.53 Bn |
| 6 | ServiceNow | 105.90 Bn | 85.16 Bn | 2.90 Bn |
| 7 | Intuit | 97.51 Bn | 76.85 Bn | 3.44 Bn |
| 8 | Relx | 75.90 Bn | 74.99 Bn | - |
| 9 | Thomson Reuters | 52.87 Bn | 48.84 Bn | - |
| 10 | Paychex | 42.46 Bn | 37.54 Bn | 1.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.90 |
| May 31, 2026 | 0.90 |
| Feb 28, 2026 | 0.95 |
| Nov 30, 2025 | 0.95 |
| Aug 31, 2025 | 0.92 |
| May 31, 2025 | 0.87 |
| Feb 28, 2025 | 0.81 |
| Nov 30, 2024 | 0.80 |
| Aug 31, 2024 | 0.79 |
| May 31, 2024 | 0.78 |
| Feb 29, 2024 | 0.77 |
| Nov 30, 2023 | 0.77 |
| Aug 31, 2023 | 0.76 |
| May 31, 2023 | 0.75 |
| Feb 28, 2023 | 0.76 |
| Nov 30, 2022 | 0.74 |
| Aug 31, 2022 | 0.73 |
| May 31, 2022 | 0.72 |
| Feb 28, 2022 | 0.51 |
| Nov 30, 2021 | 0.53 |
API Access
Paychex Payout Ratio 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=payout-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=PAYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();