Paychex, Inc. PAYX

101.37 (0.22) (0.22%) as of 25 Sep
Market cap
$36.0B
P/E
20.1×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Paychex, Inc. (PAYX) Current ratio

Paychex, Inc.'s current ratio at the end of the quarter to 31 August 2026 was 1.3×, up 0.0× from fiscal 2026 (1.3×). Over the past ten years it has ranged from 1.1× (fiscal 2018) to 1.4× (fiscal 2024); the current reading is higher than 75% of that period. That is below the Software Application industry median of 1.6× and below the Technology sector median of 1.9×.

Current ratio, annual

Annual

Period Current ratio Change
FY2026 1.3× (1.77%)
FY2025 1.3× (6.16%)
FY2024 1.4× 5.34%
FY2023 1.3× 3.81%
FY2022 1.2× (0.02%)
FY2021 1.2× 1.21%
FY2020 1.2× 5.33%
FY2019 1.2× 5.32%
FY2018 1.1× (0.27%)
FY2017 1.1× 0.15%

Quarterly

Period Current ratio Change
Aug 2026 1.3× 1.39%
May 2026 1.3× (0.07%)
Feb 2026 1.3× (0.42%)
Nov 2025 1.3× (0.22%)
43 more quarters

Against its own ten years

Low 1.1× High 1.4×
Ten-year median 1.2×
Current reading's percentile 75

Current ratio against peers

Company Current ratio
MSTR Strategy Inc compare 5.4×
ZM Zoom Communications, Inc. compare 3.8×
PAYX Paychex, Inc. 1.3×
FICO Fair Isaac Corporation compare 1.2×
SSNC SS&C Technologies Holdings, Inc. compare 1.1×
WDAY Workday, Inc. compare 0.9×
ADSK Autodesk, Inc. compare 0.9×
TEAM Atlassian Corporation PLC compare 0.8×
ROP Roper Technologies, Inc. compare 0.6×
Software Application industry median 1.6×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on PAYX