What is Paychex's long-term debt?

Paychex (PAYX) reported long-term debt of $4.56B in Q1 2026.

How has Paychex's long-term debt changed year-over-year?

Paychex's long-term debt increased by 0.2% year-over-year, from $4.55B to $4.56B.

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

Over 5 years (2021 to 2026), Paychex's long-term debt has grown at a 41.7% compound annual growth rate (CAGR), from $797.3M to $4.56B.

What does long-term debt mean?

Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

Paychex PAYX Long-Term Debt

Long-Term Debt at other companies

Automatic Data Processing, Inc.ADP

$3.98B+33.4%

Trinet GroupTNET

$896M-1.4%

InsperityNSP

$369M0.0%

Workday, Inc.WDAY

$1.99B-33.3%

Paycom SoftwarePAYC

$675M—

PaylocityPCTY

$81.25M-66.7%

Other financials

Income statement

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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

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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

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Operating cash flow$580.9M+69.0%

CapEx$65.9M+8.9%

Free cash flow$515.0M+81.8%

Valuation

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Market cap$35.52B-35.3%

Enterprise value$39.04B-32.6%

P/E20.2×-12.9×

P/S5.5×-4.4×

Profitability

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Gross margin73.9%+1.9pp

Operating margin38.6%-1.1pp

Net margin27%-2.7pp

FCF margin35.7%+5.0pp

Returns & leverage

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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:LongTermDebtNoncurrent.

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

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Questions, answered.

What is Paychex's long-term debt?: Paychex (PAYX) reported long-term debt of $4.56B in Q1 2026.
How has Paychex's long-term debt changed year-over-year?: Paychex's long-term debt increased by 0.2% year-over-year, from $4.55B to $4.56B.
What is the long-term trend for Paychex's long-term debt?: Over 5 years (2021 to 2026), Paychex's long-term debt has grown at a 41.7% compound annual growth rate (CAGR), from $797.3M to $4.56B.
What does long-term debt mean?: Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.