Paychex, Inc. PAYX
101.37
(0.22)
(0.22%)
as of 25 Sep
- Market cap
- $36.0B
- P/E
- 20.1×
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S&P 500 Member
Dividend Champion (10y)
Cash Flow Champion (5y)
Revenue Champion (10y)
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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 | Free account |
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)
More on PAYX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement