Other
CapEx
Paychex CapEx decreased by 17.9% to $51.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $48.70M to $51.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 13.7% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026Mar 26, 2026
How to read this metric
High levels indicate aggressive growth or maintenance investment, while low levels may signal capital efficiency or underinvestment in infrastructure.
Detailed definition
Capital expenditures represent the cash outflows used to acquire, upgrade, or maintain physical assets such as property,...
Peer comparison
Commonly reported as 'Capital Expenditures' or 'Purchases of Property, Plant, and Equipment' in the investing section of the cash flow statement.
Metric ID:
anet_capital_expendituresHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $27.70M | $30.40M | $34.20M | $34.70M | $34.50M | $30.60M | $35.30M | $31.10M | $46.00M | $38.70M | $40.70M | $40.70M | $41.30M | $35.60M | $47.00M | $48.70M | $60.50M | $55.90M | $62.10M | $51.00M |
| QoQ Change | — | +9.7% | +12.5% | +1.5% | -0.6% | -11.3% | +15.4% | -11.9% | +47.9% | -15.9% | +5.2% | +0.0% | +1.5% | -13.8% | +32.0% | +3.6% | +24.2% | -7.6% | +11.1% | -17.9% |
| YoY Change | — | — | — | — | +24.5% | +0.7% | +3.2% | -10.4% | +33.3% | +26.5% | +15.3% | +30.9% | -10.2% | -8.0% | +15.5% | +19.7% | +46.5% | +57.0% | +32.1% | +4.7% |
Range$27.70M – $62.10M
CAGR+13.7%
Avg YoY Growth+17.6%
Median YoY Growth+17.6%
CapEx at Other Companies
Frequently Asked Questions
- What is Paychex's capex?
- Paychex (PAYX) reported capex of $51.00M in Q4 2025.
- How has Paychex's capex changed year-over-year?
- Paychex's capex increased by 4.7% year-over-year, from $48.70M to $51.00M.
- What is the long-term trend for Paychex's capex?
- Over 4 years (2021 to 2025), Paychex's capex has grown at a 13.7% compound annual growth rate (CAGR), from $114.60M to $191.80M.
- What does capex mean?
- Cash spent on purchasing or maintaining long-term physical assets.