Paychex Inc Cash Flow Quality Index
Paychex Inc cash flow quality index. Paychex Inc (PAYX) has a Cash Flow Quality Index of 1.38x as of May 2026. Operating cash flow of $580.90 Million exceeds net income of $420.60 Million, indicating high earnings quality where cash backs reported profits. See financial flexibility index of Paychex Inc to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Paychex Inc (1990–2026)
Cash flow quality index of Paychex Inc from 1990 to 2026. Historical Cash Flow Quality Index for Paychex Inc across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore PAYX cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Paychex Inc Cash Flow Quality Index by Year (1990–2026)
Paychex Inc cash flow quality index by year from 1990 to 2026. Year-by-year earnings quality comparison for Paychex Inc. For the full cash flow conversion analysis, see PAYX cash flow metrics.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.45x | $2.56 Billion | $1.76 Billion | ▲ +23.4% |
| 2025 | 1.18x | $1.95 Billion | $1.66 Billion | ▲ +4.9% |
| 2024 | 1.12x | $1.90 Billion | $1.69 Billion | ▲ +2.9% |
| 2023 | 1.09x | $1.70 Billion | $1.56 Billion | ▲ +1.0% |
| 2022 | 1.08x | $1.51 Billion | $1.39 Billion | ▼ -5.9% |
| 2021 | 1.15x | $1.26 Billion | $1.10 Billion | ▼ -12.5% |
| 2020 | 1.31x | $1.44 Billion | $1.10 Billion | ▲ +6.7% |
| 2019 | 1.23x | $1.27 Billion | $1.03 Billion | ▼ -10.1% |
| 2018 | 1.37x | $1.28 Billion | $933.70 Million | ▲ +16.3% |
| 2017 | 1.18x | $960.40 Million | $817.30 Million | ▼ -12.7% |
| 2016 | 1.35x | $1.02 Billion | $756.80 Million | ▲ +1.4% |
| 2015 | 1.33x | $895.20 Million | $674.90 Million | ▼ -5.5% |
| 2014 | 1.40x | $880.90 Million | $627.50 Million | ▲ +18.3% |
| 2013 | 1.19x | $675.30 Million | $569.00 Million | ▼ -8.0% |
| 2012 | 1.29x | $706.60 Million | $548.00 Million | ▼ -7.1% |
| 2011 | 1.39x | $715.30 Million | $515.30 Million | ▲ +8.4% |
| 2010 | 1.28x | $610.92 Million | $477.00 Million | ▼ -0.8% |
| 2009 | 1.29x | $688.77 Million | $533.54 Million | ▲ +2.6% |
| 2008 | 1.26x | $724.67 Million | $576.14 Million | ▲ +2.7% |
| 2007 | 1.22x | $631.23 Million | $515.45 Million | ▲ +0.0% |
| 2006 | 1.22x | $569.23 Million | $464.91 Million | ▼ -3.5% |
| 2005 | 1.27x | $467.86 Million | $368.85 Million | ▼ -1.5% |
| 2004 | 1.29x | $390.09 Million | $302.95 Million | ▲ +1.1% |
| 2003 | 1.27x | $373.71 Million | $293.45 Million | ▲ +15.1% |
| 2002 | 1.11x | $303.82 Million | $274.53 Million | ▼ -7.5% |
| 2001 | 1.20x | $304.94 Million | $254.87 Million | ▼ -8.7% |
| 2000 | 1.31x | $249.03 Million | $190.01 Million | ▲ +4.7% |
| 1999 | 1.25x | $174.10 Million | $139.10 Million | ▼ -6.5% |
| 1998 | 1.34x | $136.80 Million | $102.20 Million | ▼ -1.1% |
| 1997 | 1.35x | $101.80 Million | $75.20 Million | ▲ +18.2% |
| 1996 | 1.15x | $59.90 Million | $52.30 Million | ▼ -7.1% |
| 1995 | 1.23x | $48.10 Million | $39.00 Million | ▲ +1.3% |
| 1994 | 1.22x | $34.20 Million | $28.10 Million | ▼ -17.2% |
| 1993 | 1.47x | $29.40 Million | $20.00 Million | ▼ -16.4% |
| 1992 | 1.76x | $24.10 Million | $13.70 Million | ▲ +7.6% |
| 1991 | 1.64x | $15.70 Million | $9.60 Million | ▼ -3.0% |
| 1990 | 1.69x | $14.50 Million | $8.60 Million | — |