Non-Current Assets

PP&E (Net)

Paychex PP&E (Net) increased by 3.3% to $569.20M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 26.2%, from $451.20M to $569.20M. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 6.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$395.80M$395.40M$398.60M$399.50M$401.30M$398.10M$393.00M$385.00M$396.30M$404.50M$417.60M$419.10M$411.70M$417.40M$432.10M$451.20M$511.50M$525.40M$551.20M$569.20M
QoQ Change-0.1%+0.8%+0.2%+0.5%-0.8%-1.3%-2.0%+2.9%+2.1%+3.2%+0.4%-1.8%+1.4%+3.5%+4.4%+13.4%+2.7%+4.9%+3.3%
YoY Change+1.4%+0.7%-1.4%-3.6%-1.2%+1.6%+6.3%+8.9%+3.9%+3.2%+3.5%+7.7%+24.2%+25.9%+27.6%+26.2%
Range$385.00M$569.20M
CAGR+7.9%
Avg YoY Growth+8.4%
Median YoY Growth+3.7%
Current Streak7 quarters growth

Frequently Asked Questions

What is Paychex's pp&e (net)?
Paychex (PAYX) reported pp&e (net) of $569.20M in Q4 2025.
How has Paychex's pp&e (net) changed year-over-year?
Paychex's pp&e (net) increased by 26.2% year-over-year, from $451.20M to $569.20M.
What is the long-term trend for Paychex's pp&e (net)?
Over 4 years (2021 to 2025), Paychex's pp&e (net) has grown at a 6.6% compound annual growth rate (CAGR), from $395.80M to $511.50M.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.