Paychex

Paychex Interest Coverage

The Interest Coverage Ratio of Paychex (PAYX) as of Oct 6, 2026 is 1,576.93. In the previous year, Interest Coverage Ratio was 50.80 — a change of 3,004.39% (higher).

Interest Coverage

1,576.93

YoY

3,004.39%

Last updated:

Interest Coverage Ratio of Paychex is 2026 1,576.93 . Interest Coverage Ratio of Paychex was 2025 50.80 . It decreases by 3,004.39% higher compared to the previous year.

The Paychex Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
149.71 USD
Jan 1, 2019
415.55 USD
Jan 1, 2020
96.09 USD
Jan 1, 2021
45.22 USD
Jan 1, 2022
54.93 USD
Jan 1, 2023
781.96 USD
Jan 1, 2024
50.80 USD
Jan 1, 2025
1,576.93 USD
The Paychex Interest Coverage history
YEARInterest CoverageYoY
1,576.93+3,004.39%
50.80-93.50%
781.96+1,323.68%
54.93+21.45%
45.22-52.93%
96.09-76.88%
415.55+177.57%
149.71-37.20%
238.38-6.44%
254.80+54.78%
164.62-9.54%
181.98—
Access this data via the Eulerpool API

Paychex Stock analysis

What does Paychex do? Paychex Inc is a leading provider of payroll and HR services for small, medium, and large businesses in America. The company was founded in 1971 by Tom Golisano in Rochester, New York. Originally called Payroll and Accounting Services, Inc., the name was later changed to Paychex Inc. Paychex Inc offers a wide range of services focused on managing employee data, payroll processing, associated tax payments, and employee administration. The company's goal is to help businesses and entrepreneurs take care of their operations by taking on numerous other responsibilities. Today, Paychex Inc is a publicly traded company listed on the NASDAQ stock exchange. The company is headquartered in Rochester, New York and has over 100 offices across the United States. Paychex Inc employs around 16,000 employees who specialize in various areas to provide these services. Paychex specializes in managing employee data and payroll processing. The core services include: 1. Payroll: Paychex offers services to assist companies in creating, processing, and issuing payroll to their employees. Payroll also includes tax payments, withholding taxes, and reserves in accordance with federal and state regulations. 2. HR Administration: Paychex offers various HR administration services to help businesses organize their workforce structure. This includes services such as employee data recordkeeping, timekeeping, and scheduling. 3. Compliance: Compliance with employee regulations and legal requirements is important to avoid wage disputes and legal issues. Paychex supports companies with a variety of compliance services, including tax compliance services, labor standards, insurance, and performance evaluations. 4. Retirement Planning: Paychex offers assistance to companies in planning and developing retirement plans. This includes services such as setting up retirement plans, managing contribution plans, and complying with tax regulations. Paychex Inc also offers a range of specialty services to meet specific business requirements. These services may include: 5. Accounting: Paychex supports businesses in creating and managing business books and complying with tax regulations. 6. Payment Processing: Businesses can take advantage of Paychex's payment processing services, which include processing payments to vendors as well as managing payments to customers and creditors. 7. Benefits Administration: Paychex provides support in setting up and managing employee benefit programs and plans. 8. Human Resources: Paychex offers specialized HR services such as hiring consulting, employee development and training, and employee reviews. These services are designed to help businesses focus on their core operations while outsourcing the management of payroll and HR. By outsourcing these tasks, businesses can save time and resources and focus on growing their operations. In summary, Paychex Inc is a company that offers services for managing employee data, payroll processing, compliance, retirement planning, and specialty services. These services aim to help businesses focus on their core operations by outsourcing the management of payroll and HR. This saves businesses time and resources and allows them to concentrate on further growing their business productivity Paychex is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Paychex stock

Interest Coverage Ratio of Paychex is 1,576.93 in 2026.

Interest Coverage Ratio of Paychex changed from 50.80 to 1,576.93, representing a 3,004.39% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Paychex since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Paychex with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — Paychex

All Key Metrics — Paychex