Paychex Inc (PAYX) — Financial Flexibility Index
Paychex Inc (PAYX) has a Financial Flexibility Index of 0.04x as of November 2025. Free cash flow of $507.00 Million (operating CF $444.90 Million minus capex $62.10 Million) represents 0% of total liabilities ($12.64 Billion). Also explore PAYX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Paychex Inc Financial Flexibility Index (1990–2025)
Historical Financial Flexibility Index trend for Paychex Inc across 36 annual periods. Check Paychex Inc (PAYX) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Paychex Inc (1990–2025)
Year-by-year free cash flow to debt coverage for Paychex Inc. For the full company profile including market capitalisation, see Paychex Inc (PAYX) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.17x | $2.14 Billion | $1.95 Billion | $12.44 Billion | ▼ -44.9% |
| 2024 | 0.31x | $2.06 Billion | $1.90 Billion | $6.58 Billion | ▲ +19.8% |
| 2023 | 0.26x | $1.84 Billion | $1.70 Billion | $7.05 Billion | ▲ +4.4% |
| 2022 | 0.25x | $1.64 Billion | $1.51 Billion | $6.55 Billion | ▲ +14.2% |
| 2021 | 0.22x | $1.37 Billion | $1.26 Billion | $6.28 Billion | ▼ -19.4% |
| 2020 | 0.27x | $1.57 Billion | $1.44 Billion | $5.77 Billion | ▲ +18.1% |
| 2019 | 0.23x | $1.40 Billion | $1.27 Billion | $6.06 Billion | ▼ -10.6% |
| 2018 | 0.26x | $1.43 Billion | $1.28 Billion | $5.56 Billion | ▲ +19.0% |
| 2017 | 0.22x | $1.05 Billion | $960.40 Million | $4.88 Billion | ▼ -12.3% |
| 2016 | 0.25x | $1.12 Billion | $1.02 Billion | $4.53 Billion | ▲ +16.0% |
| 2015 | 0.21x | $998.00 Million | $895.20 Million | $4.70 Billion | ▲ +1.1% |
| 2014 | 0.21x | $965.00 Million | $880.90 Million | $4.59 Billion | ▲ +19.2% |
| 2013 | 0.18x | $774.00 Million | $675.30 Million | $4.39 Billion | ▲ +8.0% |
| 2012 | 0.16x | $796.20 Million | $706.60 Million | $4.88 Billion | ▼ -22.2% |
| 2011 | 0.21x | $818.60 Million | $715.30 Million | $3.90 Billion | ▲ +19.5% |
| 2010 | 0.18x | $672.18 Million | $610.92 Million | $3.82 Billion | ▼ -11.7% |
| 2009 | 0.20x | $753.48 Million | $688.77 Million | $3.79 Billion | ▲ +1.4% |
| 2008 | 0.20x | $806.96 Million | $724.67 Million | $4.11 Billion | ▲ +18.6% |
| 2007 | 0.17x | $710.25 Million | $631.23 Million | $4.29 Billion | ▼ -1.0% |
| 2006 | 0.17x | $650.38 Million | $569.23 Million | $3.89 Billion | ▼ -7.2% |
| 2005 | 0.18x | $538.54 Million | $467.86 Million | $2.99 Billion | ▲ +12.3% |
| 2004 | 0.16x | $440.65 Million | $390.09 Million | $2.75 Billion | ▼ -3.5% |
| 2003 | 0.17x | $433.92 Million | $373.71 Million | $2.61 Billion | ▼ -5.9% |
| 2002 | 0.18x | $358.20 Million | $303.82 Million | $2.03 Billion | ▲ +8.3% |
| 2001 | 0.16x | $350.19 Million | $304.94 Million | $2.15 Billion | ▲ +9.4% |
| 2000 | 0.15x | $281.92 Million | $249.03 Million | $1.89 Billion | ▲ +9.1% |
| 1999 | 0.14x | $196.20 Million | $174.10 Million | $1.44 Billion | ▲ +0.9% |
| 1998 | 0.14x | $165.00 Million | $136.80 Million | $1.22 Billion | ▲ +7.2% |
| 1997 | 0.13x | $119.80 Million | $101.80 Million | $949.80 Million | ▼ -95.2% |
| 1996 | 2.62x | $76.90 Million | $59.90 Million | $29.40 Million | ▲ +23.4% |
| 1995 | 2.12x | $60.40 Million | $48.10 Million | $28.50 Million | ▼ -0.8% |
| 1994 | 2.14x | $45.50 Million | $34.20 Million | $21.30 Million | ▲ +21.7% |
| 1993 | 1.76x | $38.10 Million | $29.40 Million | $21.70 Million | ▼ -12.0% |
| 1992 | 1.99x | $37.50 Million | $24.10 Million | $18.80 Million | ▼ -4.2% |
| 1991 | 2.08x | $33.10 Million | $15.70 Million | $15.90 Million | ▲ +3.7% |
| 1990 | 2.01x | $29.90 Million | $14.50 Million | $14.90 Million | — |