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) Debt to equity
Paychex, Inc.'s debt to equity at the end of the quarter to 31 August 2026 was 1.2×, up 0.0× from fiscal 2026 (1.2×). Over the past ten years it has ranged from 0.0× (fiscal 2018) to 1.2× (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 1.2× | 1.38% |
| FY2025 | 1.2× | 459.63% |
| FY2024 | 0.2× | (7.09%) |
| FY2023 | 0.2× | (11.48%) |
| FY2022 | 0.3× | (4.25%) |
| FY2021 | 0.3× | (5.31%) |
| FY2020 | 0.3× | (5.16%) |
| FY2019 | 0.3× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Aug 2026 | 1.2× | 0.84% |
| May 2026 | 1.2× | (1.17%) |
| Feb 2026 | 1.2× | (3.65%) |
| Nov 2025 | 1.3× | 2.37% |
| 43 more quarters | Free account |
Against its own ten years
Low 0.0×
High 1.2×
Ten-year median
0.2×
Current reading's percentile
100
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| FICO Fair Isaac Corporation compare | −1.4× |
| ZM Zoom Communications, Inc. compare | 0.0× |
| MSTR Strategy Inc compare | 0.2× |
| WDAY Workday, Inc. compare | 0.5× |
| ADSK Autodesk, Inc. compare | 0.6× |
| ROP Roper Technologies, Inc. compare | 0.6× |
| TEAM Atlassian Corporation PLC compare | 0.9× |
| SSNC SS&C Technologies Holdings, Inc. compare | 1.1× |
| PAYX Paychex, Inc. | 1.2× |
| Software Application industry median | 0.0× |
| Technology sector median | 0.1× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (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
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement