Paychex, Inc. PAYX
- Market cap
- $36.0B
- P/E
- 20.1×
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Paychex, Inc. (PAYX) Return on invested capital
Paychex, Inc.'s return on invested capital over the twelve months to 31 August 2026 was 22.2%, up 0.2 percentage points from fiscal 2026 (22.1%). Over the past ten years it has ranged from 18.7% (fiscal 2025) to 52.7% (fiscal 2015); the current reading is higher than 17% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 22.1% | 3.37 |
| FY2025 | 18.7% | (25.60) |
| FY2024 | 44.3% | (3.54) |
| FY2023 | 47.8% | 3.89 |
| FY2022 | 43.9% | 9.74 |
| FY2021 | 34.2% | (0.89) |
| FY2020 | 35.1% | 2.78 |
| FY2019 | 32.3% | (9.46) |
| FY2018 | 41.8% | (6.25) |
| FY2017 | 48.0% | 2.07 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ADSK Autodesk, Inc. compare | 105.2% |
| FICO Fair Isaac Corporation compare | 62.5% |
| PAYX Paychex, Inc. | 22.2% |
| ZM Zoom Communications, Inc. compare | 18.3% |
| WDAY Workday, Inc. compare | 11.2% |
| SSNC SS&C Technologies Holdings, Inc. compare | 6.99% |
| ROP Roper Technologies, Inc. compare | 4.88% |
| TEAM Atlassian Corporation PLC compare | 0.80% |
| MSTR Strategy Inc compare | −64.7% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement