Paychex Inc (PAYX) — Net Asset Quality Index
Paychex Inc (PAYX) has a Net Asset Quality Index of 23.1% as of May 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $16.17 Billion minus total liabilities of $12.44 Billion yields net assets of $3.74 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of Paychex Inc for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Paychex Inc Net Asset Quality Index Over Time (1986–2026)
This chart shows how Paychex Inc's Net Asset Quality Index has evolved across 41 annual periods from 1986 to 2026. As of May 2026, the index stands at 23.1%, representing net assets of $3.74 Billion against total assets of $16.17 Billion USD. For live market cap and overall valuation, see Paychex Inc market capitalisation.
Annual Net Asset Quality Index for Paychex Inc (1986–2026)
The table below presents the year-by-year Net Asset Quality Index for Paychex Inc from 1986 to 2026, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check how strategically is Paychex Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 23.1% | $3.74 Billion | $16.17 Billion | $12.44 Billion | ▼ -1.8 pp |
| 2025 | 24.9% | $4.13 Billion | $16.56 Billion | $12.44 Billion | ▼ -11.7 pp |
| 2024 | 36.6% | $3.80 Billion | $10.38 Billion | $6.58 Billion | ▲ +3.5 pp |
| 2023 | 33.1% | $3.49 Billion | $10.55 Billion | $7.05 Billion | ▲ +1.1 pp |
| 2022 | 32.0% | $3.09 Billion | $9.64 Billion | $6.55 Billion | ▲ +0.1 pp |
| 2021 | 31.9% | $2.95 Billion | $9.23 Billion | $6.28 Billion | ▼ -0.6 pp |
| 2020 | 32.5% | $2.78 Billion | $8.55 Billion | $5.77 Billion | ▲ +2.4 pp |
| 2019 | 30.2% | $2.62 Billion | $8.68 Billion | $6.06 Billion | ▲ +4.6 pp |
| 2018 | 25.5% | $1.91 Billion | $7.46 Billion | $5.56 Billion | ▼ -3.1 pp |
| 2017 | 28.6% | $1.96 Billion | $6.83 Billion | $4.88 Billion | ▼ -1.1 pp |
| 2016 | 29.7% | $1.91 Billion | $6.44 Billion | $4.53 Billion | ▲ +2.1 pp |
| 2015 | 27.5% | $1.79 Billion | $6.48 Billion | $4.70 Billion | ▼ -0.4 pp |
| 2014 | 27.9% | $1.78 Billion | $6.37 Billion | $4.59 Billion | ▼ -0.9 pp |
| 2013 | 28.8% | $1.77 Billion | $6.16 Billion | $4.39 Billion | ▲ +4.0 pp |
| 2012 | 24.8% | $1.60 Billion | $6.48 Billion | $4.88 Billion | ▼ -3.0 pp |
| 2011 | 27.7% | $1.50 Billion | $5.39 Billion | $3.90 Billion | ▲ +0.9 pp |
| 2010 | 26.8% | $1.40 Billion | $5.23 Billion | $3.82 Billion | ▲ +0.7 pp |
| 2009 | 26.2% | $1.34 Billion | $5.13 Billion | $3.79 Billion | ▲ +3.6 pp |
| 2008 | 22.5% | $1.20 Billion | $5.31 Billion | $4.11 Billion | ▼ -8.7 pp |
| 2007 | 31.3% | $1.95 Billion | $6.25 Billion | $4.29 Billion | ▲ +1.4 pp |
| 2006 | 29.8% | $1.65 Billion | $5.55 Billion | $3.89 Billion | ▼ -1.8 pp |
| 2005 | 31.6% | $1.39 Billion | $4.38 Billion | $2.99 Billion | ▲ +1.3 pp |
| 2004 | 30.4% | $1.20 Billion | $3.95 Billion | $2.75 Billion | ▲ +1.2 pp |
| 2003 | 29.2% | $1.08 Billion | $3.69 Billion | $2.61 Billion | ▼ -2.1 pp |
| 2002 | 31.3% | $923.98 Million | $2.95 Billion | $2.03 Billion | ▲ +5.2 pp |
| 2001 | 26.1% | $757.84 Million | $2.91 Billion | $2.15 Billion | ▲ +3.1 pp |
| 2000 | 22.9% | $563.43 Million | $2.46 Billion | $1.89 Billion | ▼ -0.3 pp |
| 1999 | 23.3% | $435.80 Million | $1.87 Billion | $1.44 Billion | ▲ +2.0 pp |
| 1998 | 21.3% | $329.60 Million | $1.55 Billion | $1.22 Billion | ▲ +0.3 pp |
| 1997 | 20.9% | $251.50 Million | $1.20 Billion | $949.80 Million | ▼ -65.7 pp |
| 1996 | 86.6% | $190.80 Million | $220.20 Million | $29.40 Million | ▲ +3.6 pp |
| 1995 | 83.1% | $139.90 Million | $168.40 Million | $28.50 Million | ▼ -0.5 pp |
| 1994 | 83.6% | $108.50 Million | $129.80 Million | $21.30 Million | ▲ +3.9 pp |
| 1993 | 79.7% | $85.20 Million | $106.90 Million | $21.70 Million | ▲ +1.5 pp |
| 1992 | 78.2% | $67.40 Million | $86.20 Million | $18.80 Million | ▲ +0.8 pp |
| 1991 | 77.4% | $54.50 Million | $70.40 Million | $15.90 Million | ▲ +1.4 pp |
| 1990 | 76.0% | $47.20 Million | $62.10 Million | $14.90 Million | ▲ +2.6 pp |
| 1989 | 73.4% | $40.20 Million | $54.80 Million | $14.60 Million | ▼ -0.8 pp |
| 1988 | 74.1% | $31.50 Million | $42.50 Million | $11.00 Million | ▲ +0.5 pp |
| 1987 | 73.6% | $24.00 Million | $32.60 Million | $8.60 Million | ▲ +3.4 pp |
| 1986 | 70.2% | $18.60 Million | $26.50 Million | $7.90 Million | — |