Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the free cash flow yield high or low?
The free cash flow yield of 5.71% is 51% above its 5-year average of 3.78%, near the high end of its 5-year range (2.53%–6.97%).
As of Saturday, July 25, 2026. 10.08% above its 12-month average of 5.19%.
FREE CASH FLOW YIELD
5.71%
FREE CASH FLOW YIELD AVG TTM
5.19%
FREE CASH FLOW YIELD AVG 3Y
4.13%
FREE CASH FLOW YIELD AVG 5Y
3.59%
FREE CASH FLOW YIELD AVG 10Y
3.84%
FREE CASH FLOW YIELD AVG 15Y
4.17%
FREE CASH FLOW YIELD AVG 20Y
4.42%
CURRENT VS TTM AVG
+10.08%
CURRENT VS 3Y AVG
+38.10%
CURRENT VS 5Y AVG
+59.00%
CURRENT VS 10Y AVG
+48.75%
CURRENT VS 15Y AVG
+36.82%
CURRENT VS 20Y AVG
+29.21%
SECTOR MEDIAN · TECHNOLOGY
3.49%
median of 156 covered companies
CURRENT VS SECTOR MEDIAN
+63.61%
vs the sector median at left
Paychex, Inc.
Market Cap
$40.39B
Free Cash Flow Yield
5.71%
TTM Avg
5.19%
3Y Avg
4.13%
5Y Avg
3.59%
Market Cap
$39.75B
Free Cash Flow Yield
0.99%
TTM Avg
0.62%
3Y Avg
0.45%
5Y Avg
0.45%
Market Cap
$39.22B
Free Cash Flow Yield
N/A
TTM Avg
-30.04%
3Y Avg
-16.85%
5Y Avg
-16.85%
Market Cap
$42.82B
Free Cash Flow Yield
2.02%
TTM Avg
2.02%
3Y Avg
4.14%
5Y Avg
4.91%
Market Cap
$43.01B
Free Cash Flow Yield
1.05%
TTM Avg
0.95%
3Y Avg
0.95%
5Y Avg
1.18%
Market Cap
$37.07B
Free Cash Flow Yield
6.96%
TTM Avg
5.71%
3Y Avg
4.01%
5Y Avg
3.63%
Market Cap
$44.29B
Free Cash Flow Yield
6.14%
TTM Avg
3.97%
3Y Avg
3.30%
5Y Avg
3.38%
Market Cap
$45.06B
Free Cash Flow Yield
N/A
TTM Avg
6.71%
3Y Avg
6.71%
5Y Avg
6.71%
| NAME | MARKET CAP | FREE CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paychex, Inc. (PAYX) | $40.39B | 5.71% | 5.19% | 4.13% | 3.59% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $39.75B | 0.99% | 0.62% | 0.45% | 0.45% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.22B | N/A | -30.04% | -16.85% | -16.85% |
| Microchip Technology Incorporated (MCHP)vs › | $42.82B | 2.02% | 2.02% | 4.14% | 4.91% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $43.01B | 1.05% | 0.95% | 0.95% | 1.18% |
| Roper Technologies, Inc. (ROP)vs › | $37.07B | 6.96% | 5.71% | 4.01% | 3.63% |
| Autodesk, Inc. (ADSK)vs › | $44.29B | 6.14% | 3.97% | 3.30% | 3.38% |
| Coherent, Inc. (COHR)vs › | $44.78B | N/A | 1.38% | 2.16% | 2.75% |
| Nebius Group N.V. (NBIS)vs › | $45.06B | N/A | 6.71% | 6.71% | 6.71% |
| Workday, Inc. (WDAY)vs › | $35.45B | 8.64% | 6.02% | 3.94% | 3.39% |
FCF Yield
5.71%
Earnings Yield
4.30%
Dividend Yield
3.90%
Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100
How FCF Yield is used:
FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.
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
| DATE | FREE CASH FLOW YIELD |
|---|---|
| 2026-07-24 | 5.71% |
| 2026-07-23 | 5.86% |
| 2026-07-22 | 5.85% |
| 2026-07-21 | 5.79% |
| 2026-07-20 | 5.63% |
| 2026-07-17 | 5.67% |
| 2026-07-16 | 5.20% |
| 2026-07-15 | 5.43% |
| 2026-07-14 | 5.45% |
| 2026-07-13 | 5.39% |
| 2026-07-10 | 5.55% |
| 2026-07-09 | 5.61% |
| 2026-07-08 | 5.60% |
| 2026-07-07 | 5.52% |
| 2026-07-06 | 5.66% |
| 2026-07-02 | 5.61% |
| 2026-07-01 | 5.81% |
| 2026-06-30 | 6.07% |
| 2026-06-29 | 5.98% |
| 2026-06-26 | 5.97% |
| 2026-06-25 | 6.17% |
| 2026-06-24 | 6.20% |
| 2026-06-23 | 6.09% |
| 2026-06-22 | 6.22% |
| 2026-06-18 | 6.08% |
| 2026-06-17 | 6.12% |
| 2026-06-16 | 5.95% |
| 2026-06-15 | 5.91% |
| 2026-06-12 | 5.93% |
| 2026-06-11 | 6.01% |
| 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% |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.