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
DateValue
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%