Paychex Inc (PAYX) — Cash Flow Reinvestment Rate
Paychex Inc (PAYX) has a Cash Flow Reinvestment Rate of 1.28x as of November 2025, reinvesting $570.30 Million (capex $62.10 Million plus investments $508.20 Million) from operating cash flow of $444.90 Million. Explore PAYX capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Paychex Inc Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for Paychex Inc across 36 annual periods. Also explore PAYX total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Paychex Inc (1990–2025)
Year-by-year capital reinvestment analysis for Paychex Inc. For live market cap and broader valuation context, see how much is Paychex Inc worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.82x | $3.55 Billion | $1.95 Billion | $191.80 Million | ▲ +717.3% |
| 2024 | 0.22x | $422.30 Million | $1.90 Billion | $161.40 Million | ▲ +4.6% |
| 2023 | 0.21x | $361.50 Million | $1.70 Billion | $143.00 Million | ▼ -76.9% |
| 2022 | 0.92x | $1.39 Billion | $1.51 Billion | $132.60 Million | ▲ +168.2% |
| 2021 | 0.34x | $432.40 Million | $1.26 Billion | $114.60 Million | ▼ -52.5% |
| 2020 | 0.72x | $1.04 Billion | $1.44 Billion | $127.00 Million | ▲ +45.7% |
| 2019 | 0.50x | $630.80 Million | $1.27 Billion | $123.80 Million | ▼ -58.5% |
| 2018 | 1.20x | $1.53 Billion | $1.28 Billion | $154.00 Million | ▲ +75.8% |
| 2017 | 0.68x | $653.60 Million | $960.40 Million | $94.30 Million | ▲ +1.1% |
| 2016 | 0.67x | $685.60 Million | $1.02 Billion | $97.70 Million | ▲ +49.3% |
| 2015 | 0.45x | $403.70 Million | $895.20 Million | $102.80 Million | ▲ +26.4% |
| 2014 | 0.36x | $314.20 Million | $880.90 Million | $84.10 Million | ▼ -70.3% |
| 2013 | 1.20x | $811.30 Million | $675.30 Million | $98.70 Million | ▲ +87.5% |
| 2012 | 0.64x | $452.70 Million | $706.60 Million | $89.60 Million | ▼ -37.5% |
| 2011 | 1.03x | $733.50 Million | $715.30 Million | $103.30 Million | ▲ +35.0% |
| 2010 | 0.76x | $464.19 Million | $610.92 Million | $61.26 Million | ▲ +708.8% |
| 2009 | 0.09x | $64.71 Million | $688.77 Million | $64.71 Million | ▼ -17.3% |
| 2008 | 0.11x | $82.29 Million | $724.67 Million | $82.29 Million | ▼ -9.3% |
| 2007 | 0.13x | $79.02 Million | $631.23 Million | $79.02 Million | ▼ -12.2% |
| 2006 | 0.14x | $81.14 Million | $569.23 Million | $81.14 Million | ▼ -5.7% |
| 2005 | 0.15x | $70.69 Million | $467.86 Million | $70.69 Million | ▲ +16.6% |
| 2004 | 0.13x | $50.56 Million | $390.09 Million | $50.56 Million | ▼ -19.6% |
| 2003 | 0.16x | $60.21 Million | $373.71 Million | $60.21 Million | ▼ -10.0% |
| 2002 | 0.18x | $54.38 Million | $303.82 Million | $54.38 Million | ▲ +20.6% |
| 2001 | 0.15x | $45.25 Million | $304.94 Million | $45.25 Million | ▲ +12.4% |
| 2000 | 0.13x | $32.89 Million | $249.03 Million | $32.89 Million | ▲ +4.0% |
| 1999 | 0.13x | $22.10 Million | $174.10 Million | $22.10 Million | ▼ -38.4% |
| 1998 | 0.21x | $28.20 Million | $136.80 Million | $28.20 Million | ▲ +16.6% |
| 1997 | 0.18x | $18.00 Million | $101.80 Million | $18.00 Million | ▼ -37.7% |
| 1996 | 0.28x | $17.00 Million | $59.90 Million | $17.00 Million | ▲ +11.0% |
| 1995 | 0.26x | $12.30 Million | $48.10 Million | $12.30 Million | ▼ -22.6% |
| 1994 | 0.33x | $11.30 Million | $34.20 Million | $11.30 Million | ▲ +11.7% |
| 1993 | 0.30x | $8.70 Million | $29.40 Million | $8.70 Million | ▼ -46.8% |
| 1992 | 0.56x | $13.40 Million | $24.10 Million | $13.40 Million | ▼ -49.8% |
| 1991 | 1.11x | $17.40 Million | $15.70 Million | $17.40 Million | ▲ +4.4% |
| 1990 | 1.06x | $15.40 Million | $14.50 Million | $15.40 Million | — |