Skip to content
Screener

Paychex PAYX Current ratio

Current ratio at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
1.1×0.0×
Asure Software logo
Asure SoftwareASUR
1.1×0.0×
Barrett Business Services logo
Barrett Business ServicesBBSI
1.2×-0.1×
Trinet Group logo
Trinet GroupTNET
1.1×0.0×
Insperity logo
InsperityNSP
1.1×0.0×
Workday, Inc. logo
Workday, Inc.WDAY
-1.1×

Other financials

Income statement

See full
Revenue$1.6B+12.5%
Gross profit$1.2B+15.0%
Operating income$604.7M+40.3%
Net income$420.6M+41.5%
EPS (diluted)$1.18+43.9%

Balance sheet

See full
Cash & equivalents$1.1B-33.2%
Total debt$4.6B-0.3%
Total equity$3.7B-9.5%
Total assets$16.2B-2.4%

Cash flow

See full
Operating cash flow$580.9M+69.0%
CapEx$65.9M+8.9%
Free cash flow$515.0M+81.8%

Valuation

See full
Market cap$41.56B-17.3%
Enterprise value$45.1B-15.3%
P/E23.6×-6.7×
P/S6.4×-2.6×

Profitability

See full
Gross margin74.3%+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×

Where this comes from

Calculated from Paychex’s reported figures.

Based on the most recent quarter.

The source filing: Paychex’s 10-K, filed July 17, 2026. Open the filing →

Filed
Jul 17, 2026, 4:05 PM EDT
Fiscal year
FY2026
Accession
0001193125-26-307785

FAQ

What is Paychex's current ratio?
Paychex (PAYX) reported current ratio of 1.3× in Q1 2026.
How has Paychex's current ratio changed year-over-year?
Paychex's current ratio decreased by 1.8% year-over-year, from 1.3× to 1.3×.
What is the long-term trend for Paychex's current ratio?
Over 5 years (2021 to 2026), Paychex's current ratio has grown at a 0.2% compound annual growth rate (CAGR), from 1.2× to 1.3×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Ask your AI about Paychex's current ratio.

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

Connect your AI
Harbor at dusk
Claude