Paychex Inc Capital Reinvestment Ratio
Paychex Inc capital reinvestment ratio. Paychex Inc (PAYX) has a Capital Reinvestment Ratio of 0.11x as of May 2026, meaning it reinvests 0% of its operating cash flow ($580.90 Million) in capital expenditures ($65.90 Million). Check PAYX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Paychex Inc (1990–2026)
Capital reinvestment ratio of Paychex Inc from 1990 to 2026. This chart tracks Paychex Inc's Capital Reinvestment Ratio across 37 annual periods. Also explore net asset momentum of Paychex Inc to track the company's year-over-year net asset growth rate.
Paychex Inc Capital Reinvestment Ratio by Year (1990–2026)
Paychex Inc capital reinvestment ratio by year from 1990 to 2026. For the full cash flow conversion analysis, see PAYX cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.09x | $2.56 Billion | $234.90 Million | ▼ -6.5% |
| 2025 | 0.10x | $1.95 Billion | $191.80 Million | ▲ +15.6% |
| 2024 | 0.09x | $1.90 Billion | $161.40 Million | ▲ +1.1% |
| 2023 | 0.08x | $1.70 Billion | $143.00 Million | ▼ -4.5% |
| 2022 | 0.09x | $1.51 Billion | $132.60 Million | ▼ -3.1% |
| 2021 | 0.09x | $1.26 Billion | $114.60 Million | ▲ +3.2% |
| 2020 | 0.09x | $1.44 Billion | $127.00 Million | ▼ -9.5% |
| 2019 | 0.10x | $1.27 Billion | $123.80 Million | ▼ -19.3% |
| 2018 | 0.12x | $1.28 Billion | $154.00 Million | ▲ +22.9% |
| 2017 | 0.10x | $960.40 Million | $94.30 Million | ▲ +2.3% |
| 2016 | 0.10x | $1.02 Billion | $97.70 Million | ▼ -16.4% |
| 2015 | 0.11x | $895.20 Million | $102.80 Million | ▲ +20.3% |
| 2014 | 0.10x | $880.90 Million | $84.10 Million | ▼ -34.7% |
| 2013 | 0.15x | $675.30 Million | $98.70 Million | ▲ +15.3% |
| 2012 | 0.13x | $706.60 Million | $89.60 Million | ▼ -12.2% |
| 2011 | 0.14x | $715.30 Million | $103.30 Million | ▲ +44.0% |
| 2010 | 0.10x | $610.92 Million | $61.26 Million | ▲ +6.7% |
| 2009 | 0.09x | $688.77 Million | $64.71 Million | ▼ -17.3% |
| 2008 | 0.11x | $724.67 Million | $82.29 Million | ▼ -9.3% |
| 2007 | 0.13x | $631.23 Million | $79.02 Million | ▼ -12.2% |
| 2006 | 0.14x | $569.23 Million | $81.14 Million | ▼ -5.7% |
| 2005 | 0.15x | $467.86 Million | $70.69 Million | ▲ +16.6% |
| 2004 | 0.13x | $390.09 Million | $50.56 Million | ▼ -19.6% |
| 2003 | 0.16x | $373.71 Million | $60.21 Million | ▼ -10.0% |
| 2002 | 0.18x | $303.82 Million | $54.38 Million | ▲ +20.6% |
| 2001 | 0.15x | $304.94 Million | $45.25 Million | ▲ +12.4% |
| 2000 | 0.13x | $249.03 Million | $32.89 Million | ▲ +4.0% |
| 1999 | 0.13x | $174.10 Million | $22.10 Million | ▼ -38.4% |
| 1998 | 0.21x | $136.80 Million | $28.20 Million | ▲ +16.6% |
| 1997 | 0.18x | $101.80 Million | $18.00 Million | ▼ -37.7% |
| 1996 | 0.28x | $59.90 Million | $17.00 Million | ▲ +11.0% |
| 1995 | 0.26x | $48.10 Million | $12.30 Million | ▼ -22.6% |
| 1994 | 0.33x | $34.20 Million | $11.30 Million | ▲ +11.7% |
| 1993 | 0.30x | $29.40 Million | $8.70 Million | ▼ -46.8% |
| 1992 | 0.56x | $24.10 Million | $13.40 Million | ▼ -49.8% |
| 1991 | 1.11x | $15.70 Million | $17.40 Million | ▲ +4.4% |
| 1990 | 1.06x | $14.50 Million | $15.40 Million | — |