Paychex Inc (PAYX) — Cash Flow Reinvestment Rate
Paychex Inc (PAYX) has a Cash Flow Reinvestment Rate of 0.22x as of May 2026, reinvesting $129.20 Million (capex $65.90 Million plus investments $-63.30 Million) from operating cash flow of $580.90 Million. See Paychex Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Paychex Inc Cash Flow Reinvestment Rate (1990–2026)
Historical reinvestment intensity for Paychex Inc across 37 annual periods. For the full cash flow conversion analysis, see PAYX cash flow metrics.
Annual Cash Flow Reinvestment Rate for Paychex Inc (1990–2026)
Year-by-year capital reinvestment analysis for Paychex Inc. See financial flexibility index of Paychex Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.37x | $943.50 Million | $2.56 Billion | $234.90 Million | ▼ -79.7% |
| 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 | — |