Paychex, Inc. (PAYX) Free Cash Flow Yield: 5.90%
Is Paychex, Inc.’s free cash flow yield high or low?
Paychex, Inc.'s free cash flow yield of 5.90% is 59% above its 5-year average of 3.71%, near the high end of its 5-year range (2.53%–6.97%).
The free cash flow yield for Paychex, Inc. (PAYX) is 5.90% as of Wednesday, June 10, 2026. It is above its 12-month average by 21.22% (4.87%).
PAYX Free Cash Flow Yield Chart
PAYX Average Free Cash Flow Yield Chart
PAYX Current vs Average Free Cash Flow Yield Chart
PAYX Free Cash Flow Yield Metrics
FREE CASH FLOW YIELD
5.90%
FREE CASH FLOW YIELD AVG TTM
4.87%
FREE CASH FLOW YIELD AVG 3Y
4.07%
FREE CASH FLOW YIELD AVG 5Y
3.71%
FREE CASH FLOW YIELD AVG 10Y
3.93%
FREE CASH FLOW YIELD AVG 15Y
4.24%
FREE CASH FLOW YIELD AVG 20Y
4.42%
CURRENT VS TTM AVG
+21.22%
CURRENT VS 3Y AVG
+45.10%
CURRENT VS 5Y AVG
+59.07%
CURRENT VS 10Y AVG
+50.20%
CURRENT VS 15Y AVG
+39.19%
CURRENT VS 20Y AVG
+33.39%
PAYX Competitors' Free Cash Flow Yield
| NAME | MARKET CAP | FREE CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $36.22B | 5.90% | 4.87% | 4.07% | 3.71% |
| Dover Corporation (DOV) | $29.23B | 3.86% | 2.72% | 3.58% | 3.68% |
| Westinghouse Air Brake Technologies Corporation (WAB) | $43.53B | 3.75% | 3.96% | 4.11% | 4.55% |
| Xylem Inc. (XYL) | $25.76B | 3.67% | 2.84% | 2.50% | 2.30% |
| Hubbell Incorporated (HUBB) | $24.71B | 3.65% | 3.40% | 3.48% | 3.62% |
| Old Dominion Freight Line, Inc. (ODFL) | $48.96B | 2.07% | 2.50% | 2.18% | 2.23% |
| Rockwell Automation, Inc. (ROK) | $49.11B | 2.69% | 2.98% | 3.02% | 2.85% |
| AMETEK, Inc. (AME) | $51.06B | 3.33% | 3.58% | 3.83% | 3.67% |
| Fastenal Company (FAST) | $52.90B | 2.19% | 1.92% | 2.52% | 2.45% |
| Fortive Corporation (FTV) | $18.62B | 5.09% | 6.66% | 6.55% | 6.35% |
Yield Comparison
FCF Yield
5.90%
Earnings Yield
4.48%
Dividend Yield
4.38%
Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100
How FCF Yield is used:
- Shows free cash flow after capital expenditures relative to market cap
- Can be compared with earnings yield and dividend yield
- Can be compared with the company's historical range
- Can be compared with peers that report positive free cash flow
FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.
Paychex, Inc. Free Cash Flow Yield Formula & Definition
FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Paychex, Inc. Free Cash Flow Yield FAQ
- What is the free cash flow yield for Paychex, Inc. (PAYX)?
- The free cash flow yield for PAYX stock is 5.90%.
- Is Paychex, Inc.'s free cash flow yield high or low?
- Paychex, Inc.'s free cash flow yield of 5.90% is 59% above its 5-year average of 3.71%, near the high end of its 5-year range (2.53%–6.97%).
- What is the TTM average free cash flow yield for Paychex, Inc. (PAYX)?
- The TTM average free cash flow yield for PAYX stock is 4.87%.
- What is the 3Y average free cash flow yield for Paychex, Inc. (PAYX)?
- The 3Y average free cash flow yield for PAYX stock is 4.07%.
- What is the 5Y average free cash flow yield for Paychex, Inc. (PAYX)?
- The 5Y average free cash flow yield for PAYX stock is 3.71%.
- What is the 10Y average free cash flow yield for Paychex, Inc. (PAYX)?
- The 10Y average free cash flow yield for PAYX stock is 3.93%.
- What is the 15Y average free cash flow yield for Paychex, Inc. (PAYX)?
- The 15Y average free cash flow yield for PAYX stock is 4.24%.
- What is the 20Y average free cash flow yield for Paychex, Inc. (PAYX)?
- The 20Y average free cash flow yield for PAYX stock is 4.42%.
Paychex, Inc. Free Cash Flow Yield History
| DATE | FREE CASH FLOW YIELD |
|---|---|
| 2026-06-10 | 5.90% |
| 2026-06-09 | 5.95% |
| 2026-06-08 | 6.03% |
| 2026-06-05 | 5.93% |
| 2026-06-04 | 6.00% |
| 2026-06-03 | 6.06% |
| 2026-06-02 | 5.92% |
| 2026-06-01 | 5.82% |
| 2026-05-29 | 6.15% |
| 2026-05-28 | 6.25% |
| 2026-05-27 | 6.32% |
| 2026-05-26 | 6.29% |
| 2026-05-22 | 6.15% |
| 2026-05-21 | 6.33% |
| 2026-05-20 | 6.29% |
| 2026-05-19 | 6.32% |
| 2026-05-18 | 6.31% |
| 2026-05-15 | 6.52% |
| 2026-05-14 | 6.72% |
| 2026-05-13 | 6.64% |
| 2026-05-12 | 6.37% |
| 2026-05-11 | 6.36% |
| 2026-05-08 | 6.35% |
| 2026-05-07 | 6.33% |
| 2026-05-06 | 6.53% |
| 2026-05-05 | 6.43% |
| 2026-05-04 | 6.45% |
| 2026-05-01 | 6.41% |
| 2026-04-30 | 6.44% |
| 2026-04-29 | 6.35% |
| 2026-04-28 | 6.56% |
| 2026-04-27 | 6.64% |
| 2026-04-24 | 6.64% |
| 2026-04-23 | 6.56% |
| 2026-04-22 | 6.39% |
| 2026-04-21 | 6.37% |
| 2026-04-20 | 6.41% |
| 2026-04-17 | 6.49% |
| 2026-04-16 | 6.48% |
| 2026-04-15 | 6.61% |
| 2026-04-14 | 6.72% |
| 2026-04-13 | 6.68% |
| 2026-04-10 | 6.97% |
| 2026-04-09 | 6.79% |
| 2026-04-08 | 6.64% |
| 2026-04-07 | 6.51% |
| 2026-04-06 | 6.50% |
| 2026-04-02 | 6.51% |
| 2026-04-01 | 6.56% |
| 2026-03-31 | 6.48% |
| 2026-03-30 | 6.41% |
| 2026-03-27 | 6.51% |
| 2026-03-26 | 6.38% |
| 2026-03-25 | 6.10% |
| 2026-03-24 | 6.29% |
| 2026-03-23 | 6.09% |
| 2026-03-20 | 6.16% |
| 2026-03-19 | 6.21% |
| 2026-03-18 | 6.29% |
| 2026-03-17 | 6.17% |
| 2026-03-16 | 6.12% |
| 2026-03-13 | 6.15% |
| 2026-03-12 | 6.22% |
| 2026-03-11 | 6.06% |
| 2026-03-10 | 5.99% |
| 2026-03-09 | 5.80% |
| 2026-03-06 | 5.65% |
| 2026-03-05 | 5.79% |
| 2026-03-04 | 5.95% |
| 2026-03-03 | 5.96% |
| 2026-03-02 | 6.05% |
| 2026-02-27 | 6.08% |
| 2026-02-26 | 6.03% |
| 2026-02-25 | 6.25% |
| 2026-02-24 | 6.44% |
| 2026-02-23 | 6.52% |
| 2026-02-20 | 6.25% |
| 2026-02-19 | 6.17% |
| 2026-02-18 | 6.04% |
| 2026-02-17 | 6.11% |
| 2026-02-13 | 6.04% |
| 2026-02-12 | 6.16% |
| 2026-02-11 | 6.01% |
| 2026-02-10 | 5.75% |
| 2026-02-09 | 5.81% |
| 2026-02-06 | 5.78% |
| 2026-02-05 | 5.80% |
| 2026-02-04 | 5.79% |
| 2026-02-03 | 5.87% |
| 2026-02-02 | 5.56% |
| 2026-01-30 | 5.52% |
| 2026-01-29 | 5.57% |
| 2026-01-28 | 5.56% |
| 2026-01-27 | 5.43% |
| 2026-01-26 | 5.36% |
| 2026-01-23 | 5.34% |
| 2026-01-22 | 5.32% |
| 2026-01-21 | 5.32% |
| 2026-01-20 | 5.31% |
| 2026-01-16 | 5.13% |
| 2026-01-15 | 5.16% |
| 2026-01-14 | 5.17% |
| 2026-01-13 | 5.19% |
| 2026-01-12 | 5.06% |
| 2026-01-09 | 5.01% |
| 2026-01-08 | 4.99% |
| 2026-01-07 | 5.10% |
| 2026-01-06 | 5.12% |
| 2026-01-05 | 5.21% |
| 2026-01-02 | 5.25% |
| 2025-12-31 | 5.08% |
| 2025-12-30 | 5.03% |
| 2025-12-29 | 5.00% |
| 2025-12-26 | 4.99% |
| 2025-12-24 | 4.97% |
| 2025-12-23 | 4.99% |
| 2025-12-22 | 4.96% |
| 2025-12-19 | 4.73% |
| 2025-12-18 | 4.65% |
| 2025-12-17 | 4.55% |
| 2025-12-16 | 4.61% |
| 2025-12-15 | 4.60% |
| 2025-12-12 | 4.60% |
| 2025-12-11 | 4.63% |
| 2025-12-10 | 4.71% |
| 2025-12-09 | 4.71% |
| 2025-12-08 | 4.72% |
| 2025-12-05 | 4.74% |
| 2025-12-04 | 4.75% |
| 2025-12-03 | 4.69% |
| 2025-12-02 | 4.80% |
| 2025-12-01 | 4.81% |
| 2025-11-28 | 4.76% |
| 2025-11-26 | 4.77% |
| 2025-11-25 | 4.74% |
| 2025-11-24 | 4.83% |
| 2025-11-21 | 4.77% |
| 2025-11-20 | 4.90% |
| 2025-11-19 | 4.85% |
| 2025-11-18 | 4.83% |
| 2025-11-17 | 4.81% |
| 2025-11-14 | 4.74% |
| 2025-11-13 | 4.75% |
| 2025-11-12 | 4.78% |
| 2025-11-11 | 4.76% |
| 2025-11-10 | 4.77% |
| 2025-11-07 | 4.75% |
| 2025-11-06 | 4.71% |
| 2025-11-05 | 4.56% |
| 2025-11-04 | 4.61% |
| 2025-11-03 | 4.61% |
| 2025-10-31 | 4.54% |
| 2025-10-30 | 4.53% |
| 2025-10-29 | 4.52% |
| 2025-10-28 | 4.28% |
| 2025-10-27 | 4.25% |
| 2025-10-24 | 4.26% |
| 2025-10-23 | 4.26% |
| 2025-10-22 | 4.20% |
| 2025-10-21 | 4.16% |
| 2025-10-20 | 4.20% |
| 2025-10-17 | 4.20% |
| 2025-10-16 | 4.20% |
| 2025-10-15 | 4.17% |
| 2025-10-14 | 4.13% |
| 2025-10-13 | 4.17% |
| 2025-10-10 | 4.23% |
| 2025-10-09 | 4.24% |
| 2025-10-08 | 4.20% |
| 2025-10-07 | 4.18% |
| 2025-10-06 | 4.27% |
| 2025-10-03 | 4.26% |
| 2025-10-02 | 4.30% |
| 2025-10-01 | 4.28% |
| 2025-09-30 | 4.19% |
| 2025-09-29 | 3.80% |
| 2025-09-26 | 3.81% |
| 2025-09-25 | 3.86% |
| 2025-09-24 | 3.81% |
| 2025-09-23 | 3.78% |
| 2025-09-22 | 3.75% |
| 2025-09-19 | 3.76% |
| 2025-09-18 | 3.73% |
| 2025-09-17 | 3.69% |
| 2025-09-16 | 3.71% |
| 2025-09-15 | 3.70% |
| 2025-09-12 | 3.62% |
| 2025-09-11 | 3.61% |
| 2025-09-10 | 3.67% |
| 2025-09-09 | 3.64% |
| 2025-09-08 | 3.61% |
| 2025-09-05 | 3.61% |
| 2025-09-04 | 3.56% |
| 2025-09-03 | 3.60% |
| 2025-09-02 | 3.59% |
| 2025-08-29 | 3.51% |
| 2025-08-28 | 3.52% |
| 2025-08-27 | 3.52% |
| 2025-08-26 | 3.54% |
| 2025-08-25 | 3.53% |
| 2025-08-22 | 3.47% |
| 2025-08-21 | 3.53% |
| 2025-08-20 | 3.52% |
| 2025-08-19 | 3.52% |
| 2025-08-18 | 3.55% |
| 2025-08-15 | 3.53% |
| 2025-08-14 | 3.55% |
| 2025-08-13 | 3.53% |
| 2025-08-12 | 3.62% |
| 2025-08-11 | 3.53% |
| 2025-08-08 | 3.46% |
| 2025-08-07 | 3.48% |
| 2025-08-06 | 3.51% |
| 2025-08-05 | 3.51% |
| 2025-08-04 | 3.51% |
| 2025-08-01 | 3.51% |
| 2025-07-31 | 3.39% |
| 2025-07-30 | 3.35% |
| 2025-07-29 | 3.32% |
| 2025-07-28 | 3.34% |
| 2025-07-25 | 3.30% |
| 2025-07-24 | 3.34% |
| 2025-07-23 | 3.36% |
| 2025-07-22 | 3.38% |
| 2025-07-21 | 3.43% |
| 2025-07-18 | 3.41% |
| 2025-07-17 | 3.41% |
| 2025-07-16 | 3.44% |
| 2025-07-15 | 3.47% |
| 2025-07-14 | 3.39% |
| 2025-07-11 | 3.41% |
| 2025-07-10 | 3.05% |
| 2025-07-09 | 3.03% |
| 2025-07-08 | 3.05% |
| 2025-07-07 | 3.04% |
| 2025-07-03 | 3.01% |
| 2025-07-02 | 3.03% |
| 2025-07-01 | 3.00% |
| 2025-06-30 | 3.04% |
| 2025-06-27 | 3.07% |
| 2025-06-26 | 3.14% |
| 2025-06-25 | 3.21% |
| 2025-06-24 | 2.91% |
| 2025-06-23 | 2.93% |
| 2025-06-20 | 2.97% |
| 2025-06-18 | 2.94% |
| 2025-06-17 | 2.90% |
| 2025-06-16 | 2.88% |
| 2025-06-13 | 2.89% |
| 2025-06-12 | 2.88% |
| 2025-06-11 | 2.87% |
| 2025-06-10 | 2.85% |
| 2025-06-09 | 2.82% |
| 2025-06-06 | 2.77% |
| 2025-06-05 | 2.78% |
| 2025-06-04 | 2.78% |
| 2025-06-03 | 2.80% |
| 2025-06-02 | 2.81% |
| 2025-05-30 | 2.80% |
| 2025-05-29 | 2.81% |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- John Gibson Jr.