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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Dividend Champion (10y)
Cash Flow Champion (5y)
Revenue Champion (10y)
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Paychex, Inc. (PAYX) Free cash flow margin
Paychex, Inc.'s free cash flow margin over the twelve months to 31 August 2026 was 30.5%, down 5.1 percentage points from fiscal 2026 (35.7%). Over the past ten years it has ranged from 27.5% (fiscal 2017) to 35.7% (fiscal 2026) — the current reading is the highest in ten years. That is above the Software Application industry median of 4.32% and above the Technology sector median of 1.52%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 35.7% | 4.98 |
| FY2025 | 30.7% | (2.23) |
| FY2024 | 32.9% | 1.35 |
| FY2023 | 31.6% | (0.05) |
| FY2022 | 31.6% | 3.36 |
| FY2021 | 28.2% | (4.28) |
| FY2020 | 32.5% | 2.10 |
| FY2019 | 30.4% | (2.81) |
| FY2018 | 33.2% | 5.76 |
| FY2017 | 27.5% | (3.71) |
Against its own ten years
Low 27.5%
High 35.7%
Ten-year median
31.4%
Current reading's percentile
100
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| FICO Fair Isaac Corporation compare | 40.1% |
| ZM Zoom Communications, Inc. compare | 38.6% |
| ADSK Autodesk, Inc. compare | 36.0% |
| ROP Roper Technologies, Inc. compare | 30.9% |
| PAYX Paychex, Inc. | 30.5% |
| WDAY Workday, Inc. compare | 28.0% |
| SSNC SS&C Technologies Holdings, Inc. compare | 23.2% |
| TEAM Atlassian Corporation PLC compare | 20.1% |
| MSTR Strategy Inc compare | −4,356.1% |
| Software Application industry median | 4.32% |
| Technology sector median | 1.52% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on PAYX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net 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
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement