Paychex (PAYX) Return on Capital Employed (2009 - 2026)
Paychex (PAYX) reported Return on Capital Employed of 25.1% for Q2 2026, down 673.0% on a YoY basis from 4.38% in Q2 2025, and down 1.88% sequentially from 25.58% in Q1 2026.
Paychex (PAYX) Return on Capital Employed (2009 - 2026) Analysis & Trends
Paychex (PAYX) has 18 years of Return on Capital Employed data on file, last reported at 25.1% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed fell 673.0% year-over-year to 25.1%; the trailing twelve-month figure through May 2026 stood at 25.1% (down 673.0% YoY), and the FY2026 full-year result was 26.35%, down 753.0% from the prior year.
- Return on Capital Employed retreated to 25.1% in Q2 2026, from 25.58% 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 38.49% and a median of 42.25% in 2022 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 1101 bps in 2023 and sank 1967 bps in 2025, its largest moves.
- Tracing PAYX's Return on Capital Employed over 5 years: stood at 43.58% in 2022, then retreated by 1 bps to 43.26% in 2023, then slipped by 1 bps to 42.68% in 2024, then slumped by 45 bps to 23.42% in 2025, then grew by 7 bps to 25.1% in 2026.
- Business Quant data shows PAYX's Return on Capital Employed at 25.1% in Q2 2026, 25.58% in Q1 2026, and 23.42% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 9.52% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.40% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 12.81% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 10.65% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.59% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -7.29% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -25.94% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 17.43% |
| 10 | Paychex | 39.35 Bn | 38.23 Bn | 1.14 Bn | 25.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 25.10% |
| 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% |