Paychex (PAYX) Return on Invested Capital (2016 - 2026)

Paychex (PAYX) posted Return on Invested Capital of 0.02% for Q2 2026, down 36.35% sequentially from 0.04% in Q1 2026, and down 32.0% YoY from 0.03% in Q2 2025.

Paychex (PAYX) Return on Invested Capital (2016 - 2026) Analysis & Trends

Paychex has reported Return on Invested Capital for 11 years, with the latest figure at 0.02% in Q2 2026.

  • Quarterly Return on Invested Capital fell 32.0% year-over-year to 0.02% in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.02% (down 32.0% YoY) and the FY2023 annual result came in at 1.64%, down 11.0% from the prior year.
  • Return on Invested Capital slipped to 0.02% in Q2 2026 per PAYX's latest filing, from 0.04% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.43% in Q1 2022 and troughed at 0.02% in Q2 2026.
  • A 5-year average of 0.31% and a median of 0.34% in 2024 frame the typical range for Return on Invested Capital.
  • The sharpest annual moves came in 2022 and 2026: Return on Invested Capital advanced 20 bps in 2022, then plunged 32 bps in 2026.
  • Over 5 years, Return on Invested Capital stood at 0.4% in 2022, then declined by 13 bps to 0.35% in 2023, then dropped by 9 bps to 0.32% in 2024, then plunged by 73 bps to 0.09% in 2025, then slumped by 73 bps to 0.02% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.02%, 0.04%, and 0.09% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.04%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 0.01%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.02%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn -
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn -
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.04%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.02%
10 Paychex 43.39 Bn 42.27 Bn 1.14 Bn 0.02%

Historic Data

Download Data
DateValue
May 31, 2026 0.02%
Feb 28, 2026 0.04%
Nov 30, 2025 0.09%
Aug 31, 2025 0.30%
May 31, 2025 0.34%
Feb 28, 2025 0.31%
Nov 30, 2024 0.32%
Aug 31, 2024 0.34%
May 31, 2024 0.32%
Feb 29, 2024 0.31%
Nov 30, 2023 0.35%
Aug 31, 2023 0.37%
May 31, 2023 0.39%
Feb 28, 2023 0.39%
Nov 30, 2022 0.40%
Aug 31, 2022 0.42%
May 31, 2022 0.43%
Feb 28, 2022 0.43%
Nov 30, 2021 0.43%
Aug 31, 2021 0.43%