Paychex Inc (PAYX) — Capital Reinvestment Ratio
Latest as of February 2026:
0.06x
Paychex Inc (PAYX) has a Capital Reinvestment Ratio of 0.06x as of February 2026, meaning it reinvests 0% of its operating cash flow ($812.50 Million) in capital expenditures ($51.00 Million). See free cash flow generation of Paychex Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.06x
Capex / Operating Cash Flow
Operating Cash Flow
$812.50 Million
USD
Capital Expenditures
$51.00 Million
USD
Data as of
Feb 2026
Most recent filing
Paychex Inc Capital Reinvestment Ratio (1990–2025)
This chart tracks Paychex Inc's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for Paychex Inc (1990–2025)
Year-by-year Capital Reinvestment Ratio for Paychex Inc from 1990 to 2025. For live market cap and broader valuation context, see Paychex Inc (PAYX) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow