Paychex (PAYX) Return on Capital Employed (2009 - 2026)
Paychex recorded quarterly Return on Capital Employed of 25.58% in Q1 2026, up 9.21% quarter-over-quarter from 23.42% in Q4 2025, and down 1880.0% year-over-year from 1.44% in Q1 2025.
Paychex's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 25.58% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 1880.0% year-over-year to 25.58%; the TTM figure through Feb 2026 stood at 25.58% (down 1880.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 39.28% and a median of 42.63% in 2023 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed jumped 1101 bps in 2023 and slumped 1967 bps in 2025, its largest moves.
- Paychex's Return on Capital Employed stood at 43.58% in 2022, then slipped by 1 bps to 43.26% in 2023, then declined by 1 bps to 42.68% in 2024, then plunged by 45 bps to 23.42% in 2025, then rose by 9 bps to 25.58% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 25.58%, 23.42%, and 23.23% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Paychex | 34.86 Bn | 33.07 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% |
| Feb 28, 2021 | 37.16% |
| Nov 30, 2020 | 34.21% |
| Aug 31, 2020 | 33.22% |
| May 31, 2020 | 31.88% |
| Feb 29, 2020 | 39.93% |
| Nov 30, 2019 | 37.30% |
| Aug 31, 2019 | 36.52% |
| May 31, 2019 | 29.34% |
| Feb 28, 2019 | 63.71% |
| Nov 30, 2018 | 47.75% |
| Aug 31, 2018 | 41.96% |
| May 31, 2018 | 62.02% |
| Feb 28, 2018 | 48.80% |
| Nov 30, 2017 | 57.01% |
| Aug 31, 2017 | 69.68% |
| May 31, 2017 | 52.82% |
| Feb 28, 2017 | 95.86% |
| Nov 30, 2016 | 55.31% |
| Aug 31, 2016 | 49.82% |
| May 31, 2016 | 48.01% |
| Feb 29, 2016 | 74.65% |
| Nov 30, 2015 | 55.59% |
| Aug 31, 2015 | 49.67% |
| May 31, 2015 | 45.16% |
| Feb 28, 2015 | 70.50% |
| Nov 30, 2014 | 50.80% |
| Aug 31, 2014 | 50.15% |
| May 31, 2014 | 43.08% |
| Feb 28, 2014 | 68.74% |
| Nov 30, 2013 | 49.34% |
| Aug 31, 2013 | 47.35% |
| May 31, 2013 | 35.24% |
| Feb 28, 2013 | 103.44% |
| Nov 30, 2012 | 47.80% |
| Aug 31, 2012 | 39.63% |
| May 31, 2012 | 55.39% |
| Feb 29, 2012 | 73.69% |
| Nov 30, 2011 | 48.40% |
| Aug 31, 2011 | 43.94% |
| May 31, 2011 | 41.61% |
| Feb 28, 2011 | 70.51% |
| Nov 30, 2010 | 48.31% |
| Aug 31, 2010 | 45.63% |
| May 31, 2010 | 41.07% |
| Feb 28, 2010 | 79.71% |
| Nov 30, 2009 | 50.46% |
| Aug 31, 2009 | 46.66% |