What is Paychex's capex?

Paychex (PAYX) reported capex of $65.9M in Q1 2026.

How has Paychex's capex changed year-over-year?

Paychex's capex increased by 8.9% year-over-year, from $60.5M to $65.9M.

What is the long-term trend for Paychex's capex?

Over 4 years (2022 to 2026), Paychex's capex has grown at a 15.1% compound annual growth rate (CAGR), from $133.8M to $234.9M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Paychex PAYX CapEx

CapEx at other companies

Barrett Business ServicesBBSI

$5.73M+26.9%

Trinet GroupTNET

$26M+62.5%

InsperityNSP

$6M0.0%

Workday, Inc.WDAY

$80M+122%

Paycom SoftwarePAYC

$31.2M-17.2%

Automatic Data Processing, Inc.ADP

——

Other financials

Income statement

See full

Revenue$1.6B+12.5%

Gross profit$1.4B+22.8%

Operating income$604.7M+40.3%

Net income$420.6M+41.5%

EPS (diluted)$1.17+42.7%

Balance sheet

See full

Cash & equivalents$1.1B-33.2%

Total debt$4.6B-0.8%

Total equity$3.7B-9.5%

Total assets$16.2B-2.4%

Cash flow

See full

Operating cash flow$580.9M+69.0%

Free cash flow$515.0M+81.8%

Valuation

See full

Market cap$35.52B-35.3%

Enterprise value$39.04B-32.6%

P/E20.2×-12.9×

P/S5.5×-4.4×

Profitability

See full

Gross margin73.9%+1.9pp

Operating margin38.6%-1.1pp

Net margin27%-2.7pp

FCF margin35.7%+5.0pp

Returns & leverage

See full

Return on equity44.8%+3.0pp

Debt / equity1.2×+0.1×

Current ratio1.3×0.0×

Where this comes from

Reported directly by Paychex in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Paychex’s 8-K, filed June 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Paychex's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Paychex's capex?: Paychex (PAYX) reported capex of $65.9M in Q1 2026.
How has Paychex's capex changed year-over-year?: Paychex's capex increased by 8.9% year-over-year, from $60.5M to $65.9M.
What is the long-term trend for Paychex's capex?: Over 4 years (2022 to 2026), Paychex's capex has grown at a 15.1% compound annual growth rate (CAGR), from $133.8M to $234.9M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.