Company / Working Capital
Paychex Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$2.0B
FY2025
5-year range
$1.2B / $2.0B
FY2021-FY2025
Trend
+0.9%
vs FY2024
Sector context
#32 of 344
Industrials
What the data says
Among 344 Industrials companies, Paychex is in the top 9% for working capital. Working Capital has increased for 9 consecutive years, from $498M in FY2016 to $2.0B in FY2025.
Based on SEC 10-K filings.
$2.0B in FY2025 with a 5-year CAGR of +13.6%. Top quartile in the Industrials sector.
Improved from $1.7B to $2.0B over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +14.3%
- 5-Year CAGR
- +13.6%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in IndustrialsTop 9% of 344This company $2.0B Sector average $687.7M
▼
+185.0% above sector average
Key checks
Key Insights
- Paychex's working capital has grown for 9 consecutive years.
- 5-year CAGR of +13.6%, indicating consistent growth.
- In FY2025, working capital increased 0.9% year-over-year.
- Ranks #32 out of 344 companies in the Industrials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.0B | +0.9% |
| FY2024 | $1.9B | +12.8% |
| FY2023 | $1.7B | +31.3% |
| FY2022 | $1.3B | +6.6% |
| FY2021 | $1.2B | +18.7% |
| FY2020 | $1.0B | +24.6% |
| FY2019 | $832.7M | +39.5% |
| FY2018 | $596.9M | +9.1% |
| FY2017 | $546.9M | +9.9% |
| FY2016 | $497.7M | -3.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026