Paychex Inc (PAYX) — Financial Flexibility Index
Paychex Inc (PAYX) has a Financial Flexibility Index of 0.06x as of February 2026. Free cash flow of $863.50 Million (operating CF $812.50 Million minus capex $51.00 Million) represents 0% of total liabilities ($13.50 Billion). Check Paychex Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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. See Paychex Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 PAYX company net worth.
| 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 | — |