Paychex Debt to Equity Ratio 2012-2026 | PAYX

Current and historical debt to equity ratio values for Paychex (PAYX) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Paychex debt/equity for the three months ending May 31, 2026 was 1.22.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
Paychex Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-05-31 $12.44B $3.74B 3.33
2026-02-28 $13.50B $4.01B 3.36
2025-11-30 $12.64B $3.88B 3.26
2025-08-31 $12.69B $3.97B 3.20
2025-05-31 $12.44B $4.13B 3.01
2025-02-28 $7.11B $4.12B 1.73
2024-11-30 $6.63B $3.93B 1.69
2024-08-31 $6.64B $3.85B 1.72
2024-05-31 $6.58B $3.80B 1.73
2024-02-29 $9.28B $3.75B 2.48
2023-11-30 $8.53B $3.52B 2.42
2023-08-31 $8.61B $3.59B 2.40
2023-05-31 $7.05B $3.49B 2.02
2023-02-28 $7.20B $3.40B 2.12
2022-11-30 $6.01B $3.21B 1.88
2022-08-31 $5.99B $3.14B 1.91
2022-05-31 $6.55B $3.09B 2.12
2022-02-28 $7.00B $3.29B 2.13
2021-11-30 $6.57B $3.12B 2.11
2021-08-31 $6.32B $3.04B 2.08
2021-05-31 $6.28B $2.95B 2.13
2021-02-28 $6.69B $2.98B 2.25
2020-11-30 $5.73B $2.89B 1.98
2020-08-31 $5.60B $2.78B 2.02
2020-05-31 $5.77B $2.78B 2.07
2020-02-29 $6.71B $2.76B 2.43
2019-11-30 $6.13B $2.57B 2.39
2019-08-31 $6.12B $2.52B 2.43
2019-05-31 $6.06B $2.62B 2.31
2019-02-28 $7.77B $2.60B 2.99
2018-11-30 $4.58B $2.43B 1.89
2018-08-31 $4.66B $2.39B 1.95
2018-05-31 $5.56B $2.36B 2.36
2018-02-28 $4.80B $2.05B 2.35
2017-11-30 $5.72B $1.97B 2.90
2017-08-31 $5.68B $1.94B 2.92
2017-05-31 $4.88B $1.96B 2.50
2017-02-28 $5.41B $1.90B 2.85
2016-11-30 $3.96B $1.82B 2.18
2016-08-31 $4.11B $1.99B 2.07
2016-05-31 $4.53B $1.91B 2.37
2016-02-29 $5.19B $1.87B 2.77
2015-11-30 $4.16B $1.86B 2.24
2015-08-31 $4.19B $1.79B 2.34
2015-05-31 $4.68B $1.79B 2.62
2015-02-28 $5.47B $1.87B 2.92
2014-11-30 $4.44B $1.83B 2.42
2014-08-31 $4.50B $1.79B 2.52
2014-05-31 $4.59B $1.78B 2.59
2014-02-28 $5.28B $1.79B 2.95
2013-11-30 $4.26B $1.76B 2.42
2013-08-31 $4.28B $1.75B 2.45
2013-05-31 $4.39B $1.77B 2.48
2013-02-28 $5.90B $1.61B 3.68
2012-11-30 $4.03B $1.70B 2.37
2012-08-31 $4.06B $1.66B 2.45
2012-05-31 $4.88B $1.61B 3.04
2012-02-29 $4.50B $1.60B 2.82
2011-11-30 $3.37B $1.56B 2.16
2011-08-31 $3.45B $1.54B 2.24
2011-05-31 $3.90B $1.50B 2.61
2011-02-28 $4.50B $1.47B 3.06
2010-11-30 $3.57B $1.45B 2.47
2010-08-31 $3.60B $1.44B 2.51
2010-05-31 $3.82B $1.40B 2.73
2010-02-28 $4.39B $1.40B 3.14
2009-11-30 $3.27B $1.39B 2.35
2009-08-31 $3.34B $1.37B 2.45
2009-05-31 $3.79B $1.34B 2.82
2009-02-28 $4.44B $1.33B 3.34
2008-11-30 $3.83B $1.29B 2.98
2008-08-31 $3.98B $1.25B 3.18
2008-05-31 $4.11B $1.20B 3.44
2008-02-29 $4.72B $1.15B 4.10
2007-11-30 $3.78B $1.24B 3.04
2007-08-31 $3.91B $1.64B 2.38
2007-05-31 $4.29B $1.95B 2.20
2007-02-28 $3.87B $1.90B 2.03
2006-11-30 $4.04B $1.83B 2.21
2006-08-31 $4.12B $1.75B 2.36
2006-05-31 $3.89B $1.66B 2.35
2006-02-28 $4.14B $1.58B 2.62
2005-11-30 $2.60B $1.52B 1.71
2005-08-31 $2.64B $1.46B 1.81
2005-05-31 $3.23B $1.39B 2.33
2005-02-28 $3.30B $1.33B 2.48
2004-11-30 $2.75B $1.29B 2.13
2004-08-31 $2.68B $1.26B 2.14
2004-05-31 $2.75B $1.20B 2.29
2004-02-29 $3.08B $1.20B 2.58
2003-11-30 $2.51B $1.16B 2.17
2003-08-31 $2.50B $1.11B 2.26
2003-05-31 $2.61B $1.08B 2.43
2003-02-28 $2.63B $1.04B 2.52
2002-11-30 $2.32B $1.00B 2.32
2002-08-31 $2.10B $0.97B 2.16
2002-05-31 $2.03B $0.92B 2.20
2002-02-28 $2.39B $0.88B 2.70
2001-11-30 $1.93B $0.85B 2.28
2001-08-31 $1.98B $0.82B 2.42
2001-05-31 $2.15B $0.76B 2.84
2001-02-28 $1.95B $0.72B 2.72
2000-11-30 $1.94B $0.67B 2.91
2000-08-31 $1.89B $0.62B 3.05
2000-05-31 $1.89B $0.56B 3.36
2000-02-29 $1.94B $0.53B 3.68
1999-11-30 $1.53B $0.50B 3.09
1999-08-31 $1.51B $0.46B 3.26
1999-05-31 $1.44B $0.44B 3.30
1999-02-28 $1.55B $0.41B 3.77
1998-11-30 $1.19B $0.38B 3.11
1998-08-31 $1.17B $0.36B 3.29
1998-05-31 $1.22B $0.33B 3.70
1998-02-28 $1.42B $0.31B 4.57
1997-11-30 $0.95B $0.25B 3.78
1997-08-31 $0.98B $0.27B 3.61
1997-05-31 $0.95B $0.25B 3.78
1997-02-28 $0.06B $0.24B 0.24
1996-11-30 $0.05B $0.22B 0.21
1996-08-31 $0.05B $0.21B 0.22
1996-05-31 $0.03B $0.19B 0.15
1996-02-29 $0.04B $0.18B 0.22
1995-11-30 $0.03B $0.17B 0.18
1995-08-31 $0.03B $0.16B 0.20
1995-05-31 $0.03B $0.14B 0.20
1995-02-28 $0.03B $0.13B 0.21
1994-11-30 $0.03B $0.12B 0.21
1994-08-31 $0.03B $0.12B 0.24
1994-05-31 $0.02B $0.11B 0.20
1994-02-28 $0.03B $0.10B 0.25
1993-11-30 $0.02B $0.10B 0.19
1993-08-31 $0.02B $0.09B 0.25
1993-05-31 $0.02B $0.09B 0.26
1993-02-28 $0.02B $0.08B 0.27
1992-11-30 $0.02B $0.08B 0.24
1992-08-31 $0.02B $0.07B 0.26
1992-05-31 $0.02B $0.07B 0.28
1992-02-29 $0.02B $0.07B 0.26
1991-11-30 $0.02B $0.06B 0.29
1991-08-31 $0.02B $0.06B 0.28
1991-05-31 $0.02B $0.05B 0.29
1991-02-28 $0.02B $0.05B 0.30
1990-11-30 $0.01B $0.05B 0.28
1990-08-31 $0.02B $0.05B 0.31
1990-05-31 $0.02B $0.05B 0.32
1990-02-28 $0.01B $0.05B 0.31
1989-11-30 $0.01B $0.05B 0.30
1989-08-31 $0.01B $0.04B 0.32
1989-05-31 $0.02B $0.04B 0.36
1989-02-28 $0.01B $0.04B 0.37
1988-11-30 $0.01B $0.04B 0.35
1988-08-31 $0.01B $0.03B 0.39
1988-05-31 $0.01B $0.03B 0.35
1988-02-29 $0.01B $0.03B 0.36
1987-11-30 $0.01B $0.03B 0.35
1987-08-31 $0.01B $0.03B 0.37
1987-05-31 $0.01B $0.02B 0.36
1987-02-28 $0.01B $0.02B 0.38
1986-11-30 $0.01B $0.02B 0.39
1986-08-31 $0.01B $0.02B 0.46
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $43.290B $6.512B
Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company offers an ever-growing variety of payroll and human resource products and services that help clients do what they do best - run their business. With a wide range of services - including payroll processing, retirement services, insurance, and a fully outsourced human resource solution - Paychex customizes its offering to the client's business, whether it is small or large, simple or complex.
Stock Name Country Market Cap PE Ratio
Meta Platforms (META) United States $1571.225B 20.82
Palantir Technologies (PLTR) United States $418.925B 177.89
Arista Networks (ANET) United States $244.400B 61.32
Salesforce (CRM) United States $213.346B 19.19
Snowflake (SNOW) United States $116.867B 0.00
Spotify Technology (SPOT) Luxembourg $111.677B 33.78
ADP (ADP) United States $110.288B 24.97
Cloudflare (NET) United States $98.589B 0.00
Datadog (DDOG) United States $76.458B 349.07
Sea (SE) Singapore $68.491B 43.28
Astera Labs (ALAB) United States $53.850B 200.26
Block (XYZ) United States $49.722B 28.34
Atlassian (TEAM) United States $48.109B 189.58
Workday (WDAY) United States $47.185B 31.99
Constellation Software (CNSWF) Canada $46.088B 21.81
Autodesk (ADSK) United States $45.541B 25.28
CoreWeave (CRWV) United States $41.005B 0.00
Adyen (ADYEY) Netherlands $37.656B 0.00
Twilio (TWLO) United States $35.780B 90.30
Reddit (RDDT) United States $29.718B 35.92
MongoDB (MDB) United States $29.658B 1603.22
Zoom Communications (ZM) United States $29.566B 27.92
Affirm Holdings (AFRM) United States $24.412B 13.11
Samsara (IOT) United States $23.425B 365.45
F5 (FFIV) United States $22.111B 28.67
Broadridge Financial Solutions (BR) United States $19.712B 17.93
Rubrik (RBRK) United States $19.280B 0.00
Unity Software (U) United States $18.334B 148.79
Toast (TOST) United States $17.450B 42.97
Topicus (TOITF) Canada $15.472B 148.31
Grab Holdings (GRAB) Singapore $14.014B 57.00
Guidewire Software (GWRE) United States $13.523B 79.23
Quantinuum (QNT) United States $13.073B 0.00
Docusign (DOCU) United States $13.063B 40.72
HubSpot (HUBS) United States $12.347B 77.86
DigitalOcean Holdings (DOCN) United States $11.738B 93.72
Pinterest (PINS) United States $11.427B 52.31
Dayforce (DAY) United States $11.030B 65.64
Figma (FIG) United States $10.977B 0.00
JFrog (FROG) United States $10.801B 0.00
Confluent (CFLT) United States $10.691B 0.00
SailPoint (SAIL) United States $10.674B 67.21
Paycom Software (PAYC) United States $10.442B 26.72
Bentley Systems (BSY) United States $9.795B 32.10
Elastic (ESTC) United States $9.639B 0.00
Match Group (MTCH) United States $9.609B 13.95
Snap (SNAP) United States $9.251B 0.00
Wisetech Global (WIGBY) $8.969B 0.00
Procore Technologies (PCOR) United States $8.815B 1450.25
Compass (COMP) United States $8.424B 185.33
GitLab (GTLB) United States $8.416B 0.00
ServiceTitan (TTAN) United States $8.387B 0.00
Paylocity Holding (PCTY) United States $8.078B 26.66
UiPath (PATH) United States $7.870B 42.19
AppFolio (APPF) United States $7.589B 46.68
Clearwater Analytics Holdings (CWAN) United States $7.331B 111.64
Navan (NAVN) United States $7.065B 0.00
KANZHUN LIMITED (BZ) China $6.940B 18.19
Nice (NICE) Israel $6.166B 11.09
TEMENOS GROUP (TMSNY) Switzerland $6.142B 0.00
D-Wave Quantum (QBTS) United States $6.133B 0.00
CLEAR Secure (YOU) United States $5.997B 30.16
OneStream (OS) United States $5.732B 97.96
Netskope (NTSK) United States $5.631B 0.00
Bullish (BLSH) Cayman Islands $5.430B 94.74
Klaviyo (KVYO) United States $5.299B 93.05
Rigetti Computing (RGTI) United States $5.073B 0.00
Global Business Travel (GBTG) United States $4.952B 135.43
Box (BOX) United States $4.828B 106.64
Waystar Holding (WAY) United States $4.807B 18.30
Monday (MNDY) Israel $4.659B 49.76
BlackBerry (BB) Canada $4.520B 51.33
CCC Intelligent Solutions Holdings (CCC) United States $4.423B 35.76
Workiva (WK) United States $4.296B 86.01
BILL Holdings (BILL) United States $4.192B 40.63
Kingdee Software Group (KGDEY) China $3.989B 0.00
Q2 Holdings (QTWO) United States $3.874B 37.65
Sportradar Group AG (SRAD) Switzerland $3.863B 215.00
Tenable Holdings (TENB) United States $3.772B 97.86
First Advantage (FA) United States $3.672B 19.09
Braze (BRZE) United States $3.600B 0.00
Kinaxis (KXSCF) Canada $3.472B 0.00
Magnite (MGNI) United States $3.462B 43.89
NCR Atleos (NATL) United States $3.406B 10.55
Freshworks (FRSH) United States $3.322B 70.72
Kingsoft Cloud Holdings (KC) China $3.305B 0.00
Fastly (FSLY) United States $3.280B 0.00
Intapp (INTA) United States $3.191B 0.00
Opendoor Technologies (OPEN) United States $3.039B 0.00
Csquare (CSQR) United States $3.003B 0.00
ChronoScale Holdings (CHRN) United States $2.951B 0.00
Cellebrite DI (CLBT) Israel $2.856B 40.89
AvePoint (AVPT) United States $2.841B 41.97
Appian (APPN) United States $2.748B 127.90
Penguin Solutions (PENG) United States $2.652B 28.92
Grindr (GRND) United States $2.651B 30.50
Five9 (FIVN) United States $2.547B 23.60
StoneCo (STNE) Cayman Islands $2.516B 5.55
Trump Media & Technology Group (DJT) United States $2.507B 0.00
NCino (NCNO) United States $2.445B 33.03
Porch (PRCH) United States $2.365B 0.00
Diebold Nixdorf (DBD) United States $2.331B 11.11
Calix (CALX) United States $2.264B 51.37
Flywire (FLYW) United States $2.257B 71.35
Vertex (VERX) United States $2.234B 32.02
Alkami Technology (ALKT) United States $2.106B 0.00
DoubleVerify Holdings (DV) United States $2.071B 23.03
Asana (ASAN) United States $2.031B 0.00
Karooooo (KARO) Singapore $2.023B 32.90
Ziff Davis (ZD) United States $1.910B 10.84
BlackLine (BL) United States $1.901B 35.55
SoftwareOne Holding AG (SWONF) Switzerland $1.855B 0.00
Quantum Computing (QUBT) United States $1.813B 0.00
SEMrush Holdings (SEMR) United States $1.802B 0.00
A10 Networks (ATEN) United States $1.785B 34.63
VNET - (VNET) China $1.723B 0.00
Mega Fortune (MGRT) Hong Kong, SAR China $1.559B 0.00
Arlo Technologies (ARLO) United States $1.517B 66.52
Lightspeed Commerce (LSPD) Canada $1.448B 95.54
EverCommerce (EVCM) United States $1.399B 52.80
Digital Turbine (APPS) United States $1.296B 19.12
ZoomInfo Technologies (GTM) United States $1.202B 4.92
Radware (RDWR) Israel $1.190B 44.89
PagerDuty (PD) United States $1.071B 24.76
Arteris (AIP) United States $1.050B 0.00
Tuya (TUYA) China $1.027B 17.18
Riskified (RSKD) United States $0.964B 0.00
EverQuote (EVER) United States $0.898B 8.09
Nextdoor Holdings (NXDR) United States $0.854B 0.00
Yalla Group (YALA) $0.838B 6.94
Backblaze (BLZE) United States $0.833B 0.00
ODDITY Tech (ODD) Israel $0.792B 16.18
Ceva (CEVA) United States $0.759B 0.00
PubMatic (PUBM) United States $0.752B 0.00
Rapid7 (RPD) United States $0.741B 17.19
Consensus Cloud Solutions (CCSI) United States $0.648B 7.25
Cognyte Software (CGNT) Israel $0.626B 0.00
Udemy (UDMY) United States $0.626B 61.29
VERRA MOBILITY CORP (VRRM) United States $0.619B 3.36
Docebo (DCBO) Canada $0.617B 20.14
VTEX (VTEX) Cayman Islands $0.615B 22.56
ONESPAN INC (OSPN) United States $0.615B 14.40
Weave Communications (WEAV) United States $0.586B 0.00
Hello Group (MOMO) China $0.578B 5.32
BUUU Group (BUUU) Hong Kong, SAR China $0.571B 0.00
CI&T (CINT) Brazil $0.482B 12.35
MF (MFI) Hong Kong, SAR China $0.470B 0.00
Rimini Street (RMNI) United States $0.468B 35.79
Materialise (MTLS) Belgium $0.441B 27.63
I3 Verticals (IIIV) United States $0.437B 29.64
PowerFleet (AIOT) United States $0.405B 151.00
Alight (ALIT) United States $0.402B 2.04
Bumble (BMBL) United States $0.383B 1.31
Allot (ALLT) Israel $0.372B 33.22
Blend Labs (BLND) United States $0.364B 0.00
ON24 (ONTF) United States $0.337B 0.00
Arqit Quantum (ARQQ) United Kingdom $0.327B 0.00
Platinum Analytics Cayman (PLTS) Singapore $0.316B 0.00
CS Disco (LAW) United States $0.275B 0.00
A2Z Cust2Mate Solutions (AZ) Canada $0.274B 0.00
8x8 Inc (EGHT) United States $0.273B 6.52
Gloo Holdings (GLOO) United States $0.254B 0.00
Kaltura (KLTR) United States $0.230B 0.00
Perfect (PERF) Taiwan $0.197B 32.17
Datavault AI (DVLT) United States $0.194B 0.00
SCHMID Group (SHMD) Cayman Islands $0.182B 0.00
DeFi Development (DFDV) United States $0.182B 0.00
Domo (DOMO) United States $0.175B 0.00
KOREs (KORE) United States $0.163B 0.00
EGain (EGAN) United States $0.160B 15.78
RTB Digital (RTB) United States $0.160B 0.00
Z Squared (ZSQR) United States $0.156B 0.00
Zapata Quantum Inc (ZPTA) United States $0.152B 0.00
ReposiTrak (TRAK) United States $0.144B 21.41
Sangoma Technologies (SANG) Canada $0.123B 0.00
Digimarc (DMRC) United States $0.119B 0.00
DIRTT Environmental Solutions (DRTTF) Canada $0.118B 0.00
Definitive Healthcare (DH) United States $0.112B 26.25
Synchronoss Technologies (SNCR) United States $0.104B 10.35
Cheetah Mobile (CMCM) China $0.102B 0.00
Getty Images Holdings (GETY) United States $0.098B 0.00
Audioeye (AEYE) United States $0.096B 18.12
Chegg (CHGG) United States $0.095B 0.00
Thryv Holdings (THRY) United States $0.092B 0.00
Jiayin Group (JFIN) China $0.089B 2.66
Micware, - (MWC) Japan $0.083B 0.00
FatPipe (FATN) United States $0.083B 11.74
Rank One Computing (ROC) United States $0.081B 0.00
Rekor Systems (REKR) United States $0.074B 0.00
Inseego (INSG) United States $0.070B 0.00
Vivid Seats (SEAT) United States $0.068B 0.00
AEye (LIDR) United States $0.064B 0.00
SkyAI (SKYA) United States $0.060B 0.00
IZEA WORLDWIDE, INC (IZEA) United States $0.052B 0.00
VirnetX Holding Corp (VHC) United States $0.049B 0.00
Phunware (PHUN) United States $0.043B 0.00
OneMedNet (ONMD) United States $0.040B 0.00
Aurora Mobile (JG) China $0.039B 36.00
XBP Global Holdings (XBP) United States $0.037B 0.00
Creative Realities (CREX) United States $0.036B 0.00
Marwynn Holdings (MWYN) United States $0.026B 0.00
Republic Power Group (RPGL) Singapore $0.021B 0.00
MIND C.T.I (MNDO) Israel $0.020B 6.31
Game Your Game (GYGY) United States $0.018B 0.00
UCloudlink Group (UCL) Hong Kong, SAR China $0.016B 0.00
YXT.COM - (YXT) China $0.016B 0.00
RedCloud Holdings (RCT) United Kingdom $0.014B 0.00
Cyngn (CYN) United States $0.013B 0.00
SAGTEC GLOBAL LIMITED (SAGT) $0.013B 0.00
Upland Software (UPLD) United States $0.011B 0.50
MultiSensor AI Holdings (MSAI) United States $0.011B 0.00
CISO Global (CISO) United States $0.011B 0.00
Nvni Group (NVNI) Cayman Islands $0.009B 0.00
SurgePays (SURG) United States $0.009B 0.00
Oblong (OBLG) United States $0.009B 0.00
ARB IOT Group (ARBB) $0.008B 0.00
Next Technology Holding (NXTT) Japan $0.008B 0.00
Versus Systems (VS) United States $0.007B 0.00
AuthID (AUID) United States $0.007B 0.00
Baiya Group (BIYA) China $0.006B 0.00
Locafy (LCFY) Australia $0.006B 0.00
Veea (VEEA) United States $0.005B 0.00
Cloudastructure (CSAI) United States $0.004B 0.00
Wellchange Holdings (WCT) Hong Kong, SAR China $0.004B 0.00
Iveda Solutions (IVDA) United States $0.004B 0.00
Parabolic Technologies (PARA) United States $0.003B 0.00
NetClass Technology Inc (NTCL) Singapore $0.002B 0.00
Alpha Compute Corp (ALP) $0.002B 0.00
My Size (MYSZ) Israel $0.002B 0.00
Youxin Technology (YAAS) China $0.001B 0.00
EPWK Holdings (EPWK) China $0.000B 0.00
Trident Digital Tech Holdings (TDTH) Singapore $0.000B 0.00
Castlight Health, Inc (CSLT) United States $0.000B 0.00
ForgeRock (FORG) United States $0.000B 0.00
Informatica (INFA) United States $0.000B 0.00
Qutoutiao (QTT) China $0.000B 0.00
Cloopen (RAAS) China $0.000B 0.00