Paychex Inc (PAYX) — Cash Flow-to-Debt Ratio
Paychex Inc (PAYX) has a Cash Flow-to-Debt Ratio of 0.06x as of February 2026, meaning its operating cash flow of $812.50 Million could theoretically repay 0% of its total liabilities ($13.50 Billion) in one year. Explore Paychex Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Paychex Inc Cash Flow-to-Debt Ratio (1990–2025)
Historical debt coverage capacity for Paychex Inc across 36 annual periods. Also explore how large is Paychex Inc's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Paychex Inc (1990–2025)
Year-by-year debt coverage analysis for Paychex Inc. For market capitalisation and broader financial context, see PAYX company net worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $1.95 Billion | $12.44 Billion | ▼ -45.6% |
| 2024 | 0.29x | $1.90 Billion | $6.58 Billion | ▲ +19.7% |
| 2023 | 0.24x | $1.70 Billion | $7.05 Billion | ▲ +4.8% |
| 2022 | 0.23x | $1.51 Billion | $6.55 Billion | ▲ +14.5% |
| 2021 | 0.20x | $1.26 Billion | $6.28 Billion | ▼ -19.6% |
| 2020 | 0.25x | $1.44 Billion | $5.77 Billion | ▲ +19.1% |
| 2019 | 0.21x | $1.27 Billion | $6.06 Billion | ▼ -8.7% |
| 2018 | 0.23x | $1.28 Billion | $5.56 Billion | ▲ +16.6% |
| 2017 | 0.20x | $960.40 Million | $4.88 Billion | ▼ -12.4% |
| 2016 | 0.22x | $1.02 Billion | $4.53 Billion | ▲ +18.0% |
| 2015 | 0.19x | $895.20 Million | $4.70 Billion | ▼ -0.6% |
| 2014 | 0.19x | $880.90 Million | $4.59 Billion | ▲ +24.7% |
| 2013 | 0.15x | $675.30 Million | $4.39 Billion | ▲ +6.1% |
| 2012 | 0.14x | $706.60 Million | $4.88 Billion | ▼ -21.0% |
| 2011 | 0.18x | $715.30 Million | $3.90 Billion | ▲ +14.9% |
| 2010 | 0.16x | $610.92 Million | $3.82 Billion | ▼ -12.2% |
| 2009 | 0.18x | $688.77 Million | $3.79 Billion | ▲ +3.3% |
| 2008 | 0.18x | $724.67 Million | $4.11 Billion | ▲ +19.9% |
| 2007 | 0.15x | $631.23 Million | $4.29 Billion | ▲ +0.6% |
| 2006 | 0.15x | $569.23 Million | $3.89 Billion | ▼ -6.5% |
| 2005 | 0.16x | $467.86 Million | $2.99 Billion | ▲ +10.2% |
| 2004 | 0.14x | $390.09 Million | $2.75 Billion | ▼ -0.8% |
| 2003 | 0.14x | $373.71 Million | $2.61 Billion | ▼ -4.5% |
| 2002 | 0.15x | $303.82 Million | $2.03 Billion | ▲ +5.5% |
| 2001 | 0.14x | $304.94 Million | $2.15 Billion | ▲ +7.8% |
| 2000 | 0.13x | $249.03 Million | $1.89 Billion | ▲ +8.7% |
| 1999 | 0.12x | $174.10 Million | $1.44 Billion | ▲ +8.0% |
| 1998 | 0.11x | $136.80 Million | $1.22 Billion | ▲ +4.6% |
| 1997 | 0.11x | $101.80 Million | $949.80 Million | ▼ -94.7% |
| 1996 | 2.04x | $59.90 Million | $29.40 Million | ▲ +20.7% |
| 1995 | 1.69x | $48.10 Million | $28.50 Million | ▲ +5.1% |
| 1994 | 1.61x | $34.20 Million | $21.30 Million | ▲ +18.5% |
| 1993 | 1.35x | $29.40 Million | $21.70 Million | ▲ +5.7% |
| 1992 | 1.28x | $24.10 Million | $18.80 Million | ▲ +29.8% |
| 1991 | 0.99x | $15.70 Million | $15.90 Million | ▲ +1.5% |
| 1990 | 0.97x | $14.50 Million | $14.90 Million | — |