Total Debt
$4.61B
Net Debt
$3.43B
Paychex, Inc. currently has $4.61B in total debt. Net debt is $3.43B after cash offsets.
Financial Fundamentals
PAYX • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-05-31 | 4.61 | 1.18 | 3.43 | 16.17 | 28.5% |
| 2026-02-28 | 5.01 | 1.83 | 3.18 | 17.51 | 28.6% |
| 2025-11-30 | 5.04 | 1.57 | 3.46 | 16.52 | 30.5% |
| 2025-08-31 | 5.02 | 1.67 | 3.35 | 16.66 | 30.1% |
| 2025-05-31 | 5.02 | 1.66 | 3.36 | 16.56 | 30.3% |
| 2025-02-28 | 0.86 | 1.60 | -0.74Net Cash | 11.22 | 7.7% |
| 2024-11-30 | 0.86 | 1.24 | -0.38Net Cash | 10.55 | 8.2% |
| 2024-08-31 | 0.87 | 1.50 | -0.63Net Cash | 10.49 | 8.3% |
| 2024-05-31 | 0.87 | 1.50 | -0.64Net Cash | 10.38 | 8.3% |
| 2024-02-29 | 0.87 | 1.73 | -0.86Net Cash | 13.02 | 6.7% |
| 2023-11-30 | 0.87 | 1.40 | -0.53Net Cash | 12.05 | 7.2% |
| 2023-08-31 | 0.87 | 1.69 | -0.82Net Cash | 12.20 | 7.1% |
| 2023-05-31 | 0.87 | 1.60 | -0.73Net Cash | 10.55 | 8.2% |
| 2023-02-28 | 0.87 | 1.56 | -0.69Net Cash | 10.60 | 8.2% |
| 2022-11-30 | 0.87 | 1.26 | -0.39Net Cash | 9.21 | 9.5% |
| 2022-08-31 | 0.88 | 1.23 | -0.35Net Cash | 9.13 | 9.6% |
| 2022-05-31 | 0.88 | 1.22 | -0.34Net Cash | 9.64 | 9.1% |
| 2022-02-28 | 0.89 | 1.35 | -0.47Net Cash | 10.28 | 8.6% |
| 2021-11-30 | 0.89 | 1.01 | -0.12Net Cash | 9.69 | 9.2% |
| 2021-08-31 | 0.90 | 1.14 | -0.24Net Cash | 9.37 | 9.6% |
| 2021-05-31 | 0.90 | 1.03 | -0.13Net Cash | 9.23 | 9.7% |
| 2021-02-28 | 0.90 | 0.99 | -0.09Net Cash | 9.67 | 9.3% |
| 2020-11-30 | 0.90 | 0.87 | 0.03 | 8.62 | 10.4% |
| 2020-08-31 | 0.90 | 0.87 | 0.03 | 8.38 | 10.7% |
| 2020-05-31 | 0.90 | 0.93 | -0.03Net Cash | 8.55 | 10.5% |
| 2020-02-29 | 0.95 | 0.85 | 0.10 | 9.47 | 10.1% |
| 2019-11-30 | 0.95 | 0.64 | 0.31 | 8.70 | 10.9% |
| 2019-08-31 | 0.95 | 0.63 | 0.32 | 8.64 | 11.0% |
| 2019-05-31 | 0.81 | 0.71 | 0.10 | 8.68 | 9.3% |
| 2019-02-28 | 0.85 | 0.73 | 0.12 | 10.36 | 8.2% |
| 2018-11-30 | 0.06 | 0.76 | -0.70Net Cash | 7.00 | 0.8% |
| 2018-08-31 | 0.06 | 0.52 | -0.47Net Cash | 7.05 | 0.8% |
| 2018-05-31 | 0.00 | 0.42 | -0.42Net Cash | 7.46 | 0.0% |
| 2018-02-28 | 0.06 | 0.42 | -0.36Net Cash | 6.84 | 0.8% |
| 2017-11-30 | 0.13 | 0.34 | -0.21Net Cash | 7.68 | 1.7% |
| 2017-08-31 | 0.06 | 0.37 | -0.31Net Cash | 7.62 | 0.8% |
| 2017-05-31 | 0.00 | 0.32 | -0.32Net Cash | 6.83 | 0.0% |
| 2017-02-28 | 0.06 | 0.40 | -0.35Net Cash | 7.31 | 0.8% |
| 2016-11-30 | 0.10 | 0.29 | -0.19Net Cash | 5.78 | 1.8% |
| 2016-08-31 | 0.05 | 0.50 | -0.45Net Cash | 6.10 | 0.8% |
| 2016-05-31 | 0.00 | 0.35 | -0.35Net Cash | 6.44 | 0.0% |
| 2016-02-29 | 0.00 | 0.33 | -0.33Net Cash | 7.07 | 0.0% |
| 2015-11-30 | 0.00 | 0.48 | -0.48Net Cash | 6.02 | 0.0% |
| 2015-08-31 | 0.00 | 0.54 | -0.54Net Cash | 5.98 | 0.0% |
| 2015-05-31 | 0.00 | 0.54 | -0.54Net Cash | 6.48 | 0.0% |
| 2015-02-28 | 0.00 | 0.62 | -0.62Net Cash | 7.34 | 0.0% |
| 2014-11-30 | 0.00 | 0.53 | -0.53Net Cash | 6.27 | 0.0% |
| 2014-08-31 | 0.00 | 0.56 | -0.56Net Cash | 6.29 | 0.0% |
| 2014-05-31 | 0.00 | 0.55 | -0.55Net Cash | 6.37 | 0.0% |
| 2014-02-28 | 0.00 | 0.59 | -0.59Net Cash | 7.07 | 0.0% |
| 2013-11-30 | 0.00 | 0.46 | -0.46Net Cash | 6.02 | 0.0% |
| 2013-08-31 | 0.00 | 0.56 | -0.56Net Cash | 6.03 | 0.0% |
| 2013-05-31 | 0.00 | 0.51 | -0.51Net Cash | 6.16 | 0.0% |
| 2013-02-28 | 0.00 | 0.57 | -0.57Net Cash | 7.51 | 0.0% |
| 2012-11-30 | 0.00 | 0.30 | -0.30Net Cash | 5.72 | 0.0% |
| 2012-08-31 | 0.00 | 0.39 | -0.39Net Cash | 5.71 | 0.0% |
| 2012-05-31 | 0.00 | 0.32 | -0.32Net Cash | 6.48 | 0.0% |
| 2012-02-29 | 0.00 | 0.50 | -0.50Net Cash | 6.09 | 0.0% |
| 2011-11-30 | 0.00 | 0.41 | -0.41Net Cash | 4.93 | 0.0% |
| 2011-08-31 | 0.00 | 0.49 | -0.49Net Cash | 4.99 | 0.0% |
| 2011-05-31 | 0.00 | 0.46 | -0.46Net Cash | 5.39 | 0.0% |
| 2011-02-28 | 0.00 | 0.47 | -0.47Net Cash | 5.96 | 0.0% |
| 2010-11-30 | 0.00 | 3.72 | -3.72Net Cash | 5.02 | 0.0% |
| 2010-08-31 | 0.00 | 3.74 | -3.74Net Cash | 5.04 | 0.0% |
| 2010-05-31 | 0.00 | 0.37 | -0.37Net Cash | 5.23 | 0.0% |
| 2010-02-28 | 0.00 | 0.40 | -0.40Net Cash | 5.79 | 0.0% |
| 2009-11-30 | 0.00 | 0.29 | -0.29Net Cash | 4.66 | 0.0% |
| 2009-08-31 | 0.00 | 0.33 | -0.33Net Cash | 4.71 | 0.0% |
| 2009-05-31 | 0.00 | 0.49 | -0.49Net Cash | 5.13 | 0.0% |
| 2009-02-28 | 0.00 | 0.49 | -0.49Net Cash | 5.78 | 0.0% |
| 2008-11-30 | 0.00 | 0.40 | -0.40Net Cash | 5.11 | 0.0% |
| 2008-08-31 | 0.00 | 0.46 | -0.46Net Cash | 5.23 | 0.0% |
| 2008-05-31 | 0.00 | 0.39 | -0.39Net Cash | 5.31 | 0.0% |
| 2008-02-29 | 0.00 | 0.41 | -0.41Net Cash | 5.87 | 0.0% |
| 2007-11-30 | 0.00 | 0.47 | -0.47Net Cash | 5.03 | 0.0% |
| 2007-08-31 | 0.00 | 0.45 | -0.45Net Cash | 5.56 | 0.0% |
| 2007-05-31 | 0.00 | 0.59 | -0.59Net Cash | 6.25 | 0.0% |
| 2007-02-28 | 0.00 | 0.65 | -0.65Net Cash | 5.77 | 0.0% |
| 2006-11-30 | 0.00 | 4.29 | -4.29Net Cash | 5.87 | 0.0% |
| 2006-08-31 | 0.00 | 4.45 | -4.45Net Cash | 5.86 | 0.0% |
| 2006-05-31 | 0.00 | 0.58 | -0.58Net Cash | 5.55 | 0.0% |
| 2006-02-28 | 0.00 | 0.93 | -0.93Net Cash | 5.72 | 0.0% |
| 2005-11-30 | 0.00 | 0.79 | -0.79Net Cash | 4.12 | 0.0% |
| 2005-08-31 | 0.00 | 0.80 | -0.80Net Cash | 4.10 | 0.0% |
| 2005-05-31 | 0.00 | 0.71 | -0.71Net Cash | 4.38 | 0.0% |
| 2005-02-28 | 0.00 | 0.69 | -0.69Net Cash | 4.63 | 0.0% |
| 2004-11-30 | 0.00 | 0.60 | -0.60Net Cash | 4.04 | 0.0% |
| 2004-08-31 | 0.00 | 0.59 | -0.59Net Cash | 3.94 | 0.0% |
| 2004-05-31 | 0.00 | 0.52 | -0.52Net Cash | 3.95 | 0.0% |
| 2004-02-29 | 0.00 | 0.54 | -0.54Net Cash | 4.28 | 0.0% |
| 2003-11-30 | 0.00 | 0.45 | -0.45Net Cash | 3.66 | 0.0% |
| 2003-08-31 | 0.00 | 0.44 | -0.44Net Cash | 3.61 | 0.0% |
| 2003-05-31 | 0.00 | 0.38 | -0.38Net Cash | 3.69 | 0.0% |
| 2003-02-28 | 0.00 | 0.55 | -0.55Net Cash | 3.68 | 0.0% |
| 2002-11-30 | 0.00 | 0.10 | -0.10Net Cash | 3.32 | 0.0% |
| 2002-08-31 | 0.00 | 0.14 | -0.14Net Cash | 3.07 | 0.0% |
| 2002-05-31 | 0.00 | 0.06 | -0.06Net Cash | 2.95 | 0.0% |
| 2002-02-28 | 0.00 | 0.16 | -0.16Net Cash | 3.28 | 0.0% |
| 2001-11-30 | 0.00 | 0.10 | -0.10Net Cash | 2.77 | 0.0% |
| 2001-08-31 | 0.00 | 0.06 | -0.06Net Cash | 2.79 | 0.0% |
| 2001-05-31 | 0.00 | 0.05 | -0.05Net Cash | 2.91 | 0.0% |
| 2001-02-28 | 0.00 | 0.61 | -0.61Net Cash | 2.67 | 0.0% |
| 2000-11-30 | 0.00 | 0.52 | -0.52Net Cash | 2.60 | 0.0% |
| 2000-08-31 | 0.00 | 0.51 | -0.51Net Cash | 2.51 | 0.0% |
| 2000-05-31 | 0.00 | 0.05 | -0.05Net Cash | 2.46 | 0.0% |
| 2000-02-29 | 0.00 | 0.44 | -0.44Net Cash | 2.47 | 0.0% |
| 1999-11-30 | 0.00 | 0.38 | -0.38Net Cash | 2.03 | 0.0% |
| 1999-08-31 | 0.00 | 0.38 | -0.38Net Cash | 1.97 | 0.0% |
| 1999-05-31 | 0.00 | 0.05 | -0.05Net Cash | 1.87 | 0.0% |
| 1999-02-28 | 0.00 | 0.05 | -0.05Net Cash | 1.96 | 0.0% |
| 1998-11-30 | 0.00 | 0.03 | -0.03Net Cash | 1.57 | 0.0% |
| 1998-08-31 | 0.00 | 0.05 | -0.05Net Cash | 1.53 | 0.0% |
| 1998-05-31 | 0.00 | 0.04 | -0.04Net Cash | 1.55 | 0.0% |
| 1998-02-28 | 0.00 | 0.02 | -0.02Net Cash | 1.73 | 0.0% |
| 1997-11-30 | 0.00 | 0.05 | -0.05Net Cash | 1.31 | 0.0% |
| 1997-08-31 | 0.00 | 0.05 | -0.05Net Cash | 1.24 | 0.0% |
| 1997-05-31 | 0.00 | 0.05 | -0.05Net Cash | 1.20 | 0.0% |
| 1997-02-28 | 0.00 | 0.05 | -0.05Net Cash | 0.29 | 0.0% |
| 1996-11-30 | 0.00 | 0.02 | -0.02Net Cash | 0.26 | 0.0% |
| 1996-08-31 | 0.00 | 0.02 | -0.02Net Cash | 0.25 | 0.0% |