Paychex, Inc. (PAYX) Free Cash Flow CAGR:34.35%(TTM)
The free cash flow cagr for Paychex, Inc. (PAYX) is +34.35% over the latest trailing 12-month period. Free cash flow CAGR uses precomputed cash-flow statement history.
The free cash flow cagr for Paychex, Inc. (PAYX) stock is 34.35% over the past 12 months. The 3 year average growth rate is 12.02% and the 5 year cagr is 13.61%. Free cash flow CAGR measures how Paychex, Inc.'s cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
PAYX Free Cash Flow CAGR Chart
Paychex, Inc. (PAYX)
PAYX Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $1.74B | $1.76B | +$23.00M | +1.32% | +1.32% |
| 2024 | $1.56B | $1.74B | +$179.90M | +11.56% | +11.56% |
| 2023 | $1.37B | $1.56B | +$183.50M | +13.37% | +13.37% |
| 2022 | $1.15B | $1.37B | +$227.20M | +19.83% | +19.83% |
| 2021 | $1.31B | $1.15B | $-168.20M | -12.80% | -12.80% |
| 2020 | $1.17B | $1.31B | +$148.20M | +12.71% | +12.71% |
| 2019 | $1.12B | $1.17B | +$43.30M | +3.86% | +3.86% |
| 2018 | $866.10M | $1.12B | +$256.30M | +29.59% | +29.59% |
| 2017 | $920.50M | $866.10M | $-54.40M | -5.91% | -5.91% |
| 2016 | $792.40M | $920.50M | +$128.10M | +16.17% | +16.17% |
| 2015 | $796.80M | $792.40M | $-4.40M | -0.55% | -0.55% |
| 2014 | $576.60M | $796.80M | +$220.20M | +38.19% | +38.19% |
| 2013 | $617.00M | $576.60M | $-40.40M | -6.55% | -6.55% |
| 2012 | $612.00M | $617.00M | +$5.00M | +0.82% | +0.82% |
| 2011 | $549.66M | $612.00M | +$62.34M | +11.34% | +11.34% |
| 2010 | $624.06M | $549.66M | $-74.40M | -11.92% | -11.92% |
| 2009 | $642.38M | $624.06M | $-18.32M | -2.85% | -2.85% |
| 2008 | $552.21M | $642.38M | +$90.17M | +16.33% | +16.33% |
| 2007 | $488.09M | $552.21M | +$64.12M | +13.14% | +13.14% |
| 2006 | $397.17M | $488.09M | +$90.92M | +22.89% | +22.89% |
| 2005 | $339.52M | $397.17M | +$57.65M | +16.98% | +16.98% |
| 2004 | $313.50M | $339.52M | +$26.03M | +8.30% | +8.30% |
| 2003 | $249.44M | $313.50M | +$64.05M | +25.68% | +25.68% |
| 2002 | $259.69M | $249.44M | $-10.24M | -3.95% | -3.95% |
| 2001 | $216.14M | $259.69M | +$43.55M | +20.15% | +20.15% |
| 2000 | $152.00M | $216.14M | +$64.14M | +42.20% | +42.20% |
| 1999 | $108.60M | $152.00M | +$43.40M | +39.96% | +39.96% |
| 1998 | $83.80M | $108.60M | +$24.80M | +29.59% | +29.59% |
| 1997 | $42.90M | $83.80M | +$40.90M | +95.34% | +95.34% |
Quarterly Free Cash Flow — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q3 2026 | $761.50M | +98.9% | +14.1% |
| Q2 2025 | $382.80M | -42.2% | +54.4% |
| Q1 2025 | $662.50M | +92.1% | +29.8% |
| Q4 2025 | $344.90M | -48.3% | +95.9% |
| Q3 2025 | $667.30M | +169.1% | +6.6% |
| Q2 2024 | $248.00M | -51.4% | -8.4% |
| Q1 2024 | $510.50M | +189.9% | -17.3% |
| Q4 2024 | $176.10M | -71.9% | -51.5% |
| Q3 2024 | $625.70M | +131.2% | +9.2% |
| Q2 2023 | $270.60M | -56.1% | -15.5% |
| Q1 2023 | $617.10M | +69.9% | +84.9% |
| Q4 2023 | $363.30M | -36.6% | +19.5% |
| Q3 2023 | $573.10M | +79.0% | -0.9% |
| Q2 2022 | $320.10M | -4.1% | +136.1% |
| Q1 2022 | $333.70M | +9.8% | -6.1% |
| Q4 2022 | $303.90M | -47.4% | -16.0% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.