Paychex Inc Cash Flow-to-Debt Ratio
Paychex Inc cash flow-to-debt ratio. Paychex Inc (PAYX) has a Cash Flow-to-Debt Ratio of 0.05x as of May 2026, meaning its operating cash flow of $580.90 Million could theoretically repay 0% of its total liabilities ($12.44 Billion) in one year. Check Paychex Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Paychex Inc (1990–2026)
Cash flow-to-debt ratio of Paychex Inc from 1990 to 2026. Historical debt coverage capacity for Paychex Inc across 37 annual periods. Check Paychex Inc (PAYX) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Paychex Inc Cash Flow-to-Debt Ratio by Year (1990–2026)
Paychex Inc cash flow-to-debt ratio by year from 1990 to 2026. Year-by-year debt coverage analysis for Paychex Inc. For the full cash flow conversion analysis, see how efficiently does Paychex Inc generate cash.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.21x | $2.56 Billion | $12.44 Billion | ▲ +31.0% |
| 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 | — |