Paychex (PAYX) Payout Ratio (2009 - 2026)
Paychex's (PAYX) quarterly Payout Ratio came in at 1.01 in Q2 2026, down 22.92% year-over-year from 1.31 in Q2 2025, and up 45.88% quarter-over-quarter from 0.69 in Q1 2026.
Analysis
Paychex (PAYX) Payout Ratio (2009 - 2026) Analysis & Trends
Paychex has disclosed Payout Ratio across 18 years of filings, most recently posting 1.01 for Q2 2026.
- In Q2 2026, Payout Ratio fell 22.92% year-over-year to 1.01; the TTM figure through May 2026 stood at 0.9 (up 3.34% YoY), while the FY2026 annual figure was 0.9, up 3.34% from the prior year.
- Payout Ratio came in at 1.01 for Q2 2026 at Paychex, up from 0.69 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 1.31 in Q2 2025 to a low of 0.55 in Q1 2022.
- Average Payout Ratio over 5 years is 0.84, with a median of 0.82 recorded in 2023.
- Year-over-year, Payout Ratio soared 208.58% in 2022 and declined 22.92% in 2026.
- Over 5 years, Payout Ratio stood at 0.79 in 2022, then increased by 3.19% to 0.82 in 2023, then advanced by 4.66% to 0.85 in 2024, then increased by 14.95% to 0.98 in 2025, then gained by 2.98% to 1.01 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 1.01 in Q2 2026, 0.69 in Q1 2026, and 0.98 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
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.01 |
| Feb 28, 2026 | 0.69 |
| Nov 30, 2025 | 0.98 |
| Aug 31, 2025 | 1.01 |
| May 31, 2025 | 1.31 |
| Feb 28, 2025 | 0.68 |
| Nov 30, 2024 | 0.85 |
| Aug 31, 2024 | 0.83 |
| May 31, 2024 | 0.93 |
| Feb 29, 2024 | 0.64 |
| Nov 30, 2023 | 0.82 |
| Aug 31, 2023 | 0.77 |
| May 31, 2023 | 0.92 |
| Feb 28, 2023 | 0.61 |
| Nov 30, 2022 | 0.79 |
| Aug 31, 2022 | 0.75 |
| May 31, 2022 | 0.96 |
| Feb 28, 2022 | 0.55 |
| Nov 30, 2021 | 0.72 |
| Aug 31, 2021 | 0.71 |