Paychex (PAYX) Return on Capital Employed (2009 - 2026)
Paychex's (PAYX) quarterly Return on Capital Employed came in at 25.58% in Q1 2026, down 1880.0% year-on-year from 1.44% in Q1 2025, and up 9.21% quarter-over-quarter from 23.42% in Q4 2025.
Paychex (PAYX) Return on Capital Employed (2009 - 2026) Analysis & Trends
Paychex has disclosed Return on Capital Employed across 18 years of filings, most recently posting 25.58% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 25.58%, down 1880.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 25.58% (down 1880.0% YoY), and the FY2025 annual result was 33.87%, down 829.0% from the prior year.
- Return on Capital Employed came in at 25.58% for Q1 2026 at Paychex, up from 23.42% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 51.46% in Q3 2023 to a low of 23.23% in Q3 2025.
- The 5-year median for Return on Capital Employed is 42.63% (2023), against an average of 39.28%.
- Across the five-year window, Return on Capital Employed soared 1101 bps in 2023 and tumbled 1967 bps in 2025, its largest moves.
- Paychex's Return on Capital Employed stood at 43.58% in 2022, then decreased by 1 bps to 43.26% in 2023, then dropped by 1 bps to 42.68% in 2024, then sank by 45 bps to 23.42% in 2025, then increased by 9 bps to 25.58% in 2026.
- The last three Return on Capital Employed figures came in at 25.58% (Q1 2026), 23.42% (Q4 2025), and 23.23% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 9.54% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.40% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 10.65% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 17.43% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.32% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -20.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 51.24% |
| 10 | Paychex | 36.04 Bn | 34.25 Bn | 1.38 Bn | 25.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 25.58% |
| Nov 30, 2025 | 23.42% |
| Aug 31, 2025 | 23.23% |
| May 31, 2025 | 31.83% |
| Feb 28, 2025 | 44.38% |
| Nov 30, 2024 | 42.68% |
| Aug 31, 2024 | 42.90% |
| May 31, 2024 | 34.00% |
| Feb 29, 2024 | 47.29% |
| Nov 30, 2023 | 43.26% |
| Aug 31, 2023 | 51.46% |
| May 31, 2023 | 42.63% |
| Feb 28, 2023 | 49.96% |
| Nov 30, 2022 | 43.58% |
| Aug 31, 2022 | 40.46% |
| May 31, 2022 | 39.23% |
| Feb 28, 2022 | 41.88% |
| Nov 30, 2021 | 39.61% |
| Aug 31, 2021 | 37.32% |
| May 31, 2021 | 32.40% |