Paychex (PAYX) Quick Ratio: History & Chart

Paychex, Inc.(PAYX)

Staffing & Employment Services · Rochester, NY

$116.72-1.58 (-1.34%)

Delayed quote: Sep 16, 2026, 4:00 PM EDT

About Paychex, Inc.

Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.

Rochester, NY

17,600 employees

www.paychex.com

Industrials / Staffing & Employment Services

Sector: Industrials
Industry: Staffing & Employment Services
CEO: John Gibson Jr.

View full financials

PAYX Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.26

QUICK RATIO (ACID-TEST) AVG TTM

1.27

QUICK RATIO (ACID-TEST) AVG 3Y

1.30

QUICK RATIO (ACID-TEST) AVG 5Y

1.27

QUICK RATIO (ACID-TEST) AVG 10Y

1.22

QUICK RATIO (ACID-TEST) AVG 15Y

1.19

QUICK RATIO (ACID-TEST) AVG 20Y

1.17

CURRENT VS TTM AVG

-0.61%

CURRENT VS 3Y AVG

-2.94%

CURRENT VS 5Y AVG

-0.54%

CURRENT VS 10Y AVG

+2.87%

CURRENT VS 15Y AVG

+5.82%

CURRENT VS 20Y AVG

+7.21%

SECTOR MEDIAN · INDUSTRIALS

1.15

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

+9.97%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Paychex, Inc. (PAYX)	$41.52B	1.26	1.27	1.30	1.27
Ferguson plc (FERG)vs ›	$41.57B	0.93	0.94	0.95	0.96
HEICO Corporation (HEI)vs ›	$41.72B	1.27	1.31	1.31	1.62
HEICO Corporation (HEI-A)vs ›	$42.83B	1.27	1.31	1.31	1.62
Ferrovial SE (FER)vs ›	$39.98B	1.09	1.09	1.15	1.22
Waste Connections, Inc. (WCN)vs ›	$39.45B	0.67	0.60	0.64	0.78
Thomson Reuters Corporation (TRI)vs ›	$44.23B	0.51	0.82	0.78	0.92
Carrier Global Corporation (CARR)vs ›	$44.73B	0.72	0.91	1.39	1.39
Axon Enterprise, Inc. (AXON)vs ›	$37.76B	1.80	1.75	2.24	2.47
Rocket Lab USA, Inc. (RKLB)vs ›	$36.87B	4.98	2.65	2.61	3.23

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Paychex, Inc. (PAYX)

$41.52B

1.26

1.27

1.30

1.27

Ferguson plc (FERG)vs ›

$41.57B

0.93

0.94

0.95

0.96

HEICO Corporation (HEI)vs ›

$41.72B

1.27

1.31

1.62

HEICO Corporation (HEI-A)vs ›

$42.83B

1.27

1.31

1.62

Ferrovial SE (FER)vs ›

$39.98B

1.09

1.15

1.22

Waste Connections, Inc. (WCN)vs ›

$39.45B

0.67

0.60

0.64

0.78

Thomson Reuters Corporation (TRI)vs ›

$44.23B

0.51

0.82

0.78

0.92

Carrier Global Corporation (CARR)vs ›

$44.73B

0.72

0.91

1.39

Axon Enterprise, Inc. (AXON)vs ›

$37.76B

1.80

1.75

2.24

2.47

Rocket Lab USA, Inc. (RKLB)vs ›

$36.87B

4.98

2.65

2.61

3.23

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The quick ratio (acid-test) for PAYX stock is 1.26.

Is Paychex, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.26 is in line with its 5-year average of 1.27, near the low end of its 5-year range (1.23–1.39).

What is the TTM average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The TTM average quick ratio (acid-test) for PAYX stock is 1.27.

What is the 3Y average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The 3Y average quick ratio (acid-test) for PAYX stock is 1.30.

What is the 5Y average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The 5Y average quick ratio (acid-test) for PAYX stock is 1.27.

What is the 10Y average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The 10Y average quick ratio (acid-test) for PAYX stock is 1.22.

What is the 15Y average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The 15Y average quick ratio (acid-test) for PAYX stock is 1.19.

What is the 20Y average quick ratio (acid-test) for Paychex, Inc. (PAYX)?

The 20Y average quick ratio (acid-test) for PAYX stock is 1.17.

DATE	QUICK RATIO (ACID-TEST)
2026-05-31	1.26
2026-02-28	1.26
2025-11-30	1.27
2025-08-31	1.27
2025-05-31	1.28
2025-02-28	1.39
2024-11-30	1.39
2024-08-31	1.38
2024-05-31	1.37
2024-02-29	1.24
2023-11-30	1.23
2023-08-31	1.24
2023-05-31	1.30
2023-02-28	1.27
2022-11-30	1.30
2022-08-31	1.29
2022-05-31	1.25
2022-02-28	1.27
2021-11-30	1.27
2021-08-31	1.27
2021-05-31	1.25
2021-02-28	1.24
2020-11-30	1.28
2020-08-31	1.25
2020-05-31	1.23
2020-02-29	1.19
2019-11-30	1.17
2019-08-31	1.15
2019-05-31	1.17
2019-02-28	1.11
2018-11-30	1.23
2018-08-31	1.15
2018-05-31	1.09
2018-02-28	1.09
2017-11-30	1.09
2017-08-31	1.09
2017-05-31	1.12
2017-02-28	1.09
2016-11-30	1.11
2016-08-31	1.16
2016-05-31	1.11
2016-02-29	1.09
2015-11-30	1.15
2015-08-31	1.13
2015-05-31	1.12
2015-02-28	1.11
2014-11-30	1.14
2014-08-31	1.12
2014-05-31	1.13
2014-02-28	1.11
2013-11-30	1.13
2013-08-31	1.13
2013-05-31	1.13
2013-02-28	1.10
2012-11-30	1.10
2012-08-31	1.10
2012-05-31	1.07
2012-02-29	1.11
2011-11-30	1.15
2011-08-31	1.15
2011-05-31	1.12
2011-02-28	1.11
2010-11-30	1.15
2010-08-31	1.14
2010-05-31	1.11
2010-02-28	1.09
2009-11-30	1.12
2009-08-31	1.11
2009-05-31	1.15
2009-02-28	1.12
2008-11-30	1.12
2008-08-31	1.12
2008-05-31	1.11
2008-02-29	1.09
2007-11-30	1.14
2007-08-31	1.11
2007-05-31	1.15
2007-02-28	1.17
2006-11-30	1.15
2006-08-31	1.16
2006-05-31	1.16
2006-02-28	1.23
2005-11-30	1.35
2005-08-31	1.32
2005-05-31	1.25
2005-02-28	1.22
2004-11-30	1.24
2004-08-31	4.05
2004-05-31	1.21
2004-02-29	1.18
2003-11-30	1.21
2003-08-31	1.19
2003-05-31	1.17
2003-02-28	1.22
2002-11-30	6.14
2002-08-31	7.39

DATE

QUICK RATIO (ACID-TEST)

2026-05-31

1.26

2026-02-28

1.26

2025-11-30

1.27

2025-08-31

1.27

2025-05-31

1.28

2025-02-28

1.39

2024-11-30

1.39

2024-08-31

1.38

2024-05-31

1.37

2024-02-29

1.24

2023-11-30

1.23

2023-08-31

1.24

2023-05-31

1.30

2023-02-28

1.27

2022-11-30

1.30

2022-08-31

1.29

2022-05-31

1.25

2022-02-28

1.27

2021-11-30

1.27

2021-08-31

1.27

2021-05-31

1.25

2021-02-28

1.24

2020-11-30

1.28

2020-08-31

1.25

2020-05-31

1.23

2020-02-29

1.19

2019-11-30

1.17

2019-08-31

1.15

2019-05-31

1.17

2019-02-28

1.11

2018-11-30

1.23

2018-08-31

1.15

2018-05-31

1.09

2018-02-28

1.09

2017-11-30

1.09

2017-08-31

1.09

2017-05-31

1.12

2017-02-28

1.09

2016-11-30

1.11

2016-08-31

1.16

2016-05-31

1.11

2016-02-29

1.09

2015-11-30

1.15

2015-08-31

1.13

2015-05-31

1.12

2015-02-28

1.11

2014-11-30

1.14

2014-08-31

1.12

2014-05-31

1.13

2014-02-28

1.11

2013-11-30

1.13

2013-08-31

1.13

2013-05-31

1.13

2013-02-28

1.10

2012-11-30

1.10

2012-08-31

1.10

2012-05-31

1.07

2012-02-29

1.11

2011-11-30

1.15

2011-08-31

1.15

2011-05-31

1.12

2011-02-28

1.11

2010-11-30

1.15

2010-08-31

1.14

2010-05-31

1.11

2010-02-28

1.09

2009-11-30

1.12

2009-08-31

1.11

2009-05-31

1.15

2009-02-28

1.12

2008-11-30

1.12

2008-08-31

1.12

2008-05-31

1.11

2008-02-29

1.09

2007-11-30

1.14

2007-08-31

1.11

2007-05-31

1.15

2007-02-28

1.17

2006-11-30

1.15

2006-08-31

1.16

2006-05-31

1.16

2006-02-28

1.23

2005-11-30

1.35

2005-08-31

1.32

2005-05-31

1.25

2005-02-28

1.22

2004-11-30

1.24

2004-08-31

4.05

2004-05-31

1.21

2004-02-29

1.18

2003-11-30

1.21

2003-08-31

1.19

2003-05-31

1.17

2003-02-28

1.22

2002-11-30

6.14

2002-08-31

7.39

Quick Ratio (Acid-Test): 1.26

PAYX Quick Ratio

PAYX Average Quick Ratio (Acid-Test) Chart

PAYX Current vs Average Quick Ratio (Acid-Test) Chart

PAYX Quick Ratio (Acid-Test) Metrics

PAYX Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

PAYX Quick Ratio (Acid-Test) History

Related Metrics