Paychex (PAYX) Stock Buyback History
TTM buyback yield 1.07% · Shareholder yield (TTM) 1.07%.

Paychex
PAYX
TTM buyback yield
1.07%
Shareholder yield (TTM)
1.07%
5Y share count change
0.3%
TTM buyback spend
$361.60M
SBC coverage (TTM)
4.37x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 4.37x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $104.50M | $111.80M | −$7.30M | 0.36B | -0.0% | 0.18% |
| 2024 | $169.20M | $61.10M | $108.10M | 0.36B | -0.1% | 0.39% |
| 2023 | $0.00 | $62.60M | −$62.60M | 0.36B | -0.2% | — |
| 2022 | $145.20M | $52.80M | $92.40M | 0.36B | 0.3% | 0.32% |
| 2021 | $155.70M | $52.50M | $103.20M | 0.36B | 0.3% | 0.43% |
| 2020 | $171.90M | $47.40M | $124.50M | 0.36B | -0.2% | 0.67% |
| 2019 | $56.90M | $46.20M | $10.70M | 0.36B | 0.1% | 0.18% |
| 2018 | $143.10M | $44.60M | $98.50M | 0.36B | -0.3% | 0.61% |
| 2017 | $166.20M | $35.40M | $130.80M | 0.36B | 0.0% | 0.78% |
| 2016 | $107.90M | $34.60M | $73.30M | 0.36B | -0.6% | 0.55% |
| 2015 | $182.40M | $31.40M | $151.00M | 0.36B | -0.4% | 1.02% |
| 2014 | $249.70M | $26.30M | $223.40M | 0.37B | 0.4% | 1.67% |
| 2013 | $0.00 | $22.80M | −$22.80M | 0.36B | 0.5% | — |
| 2012 | $0.00 | $22.90M | −$22.90M | 0.36B | 0.2% | — |
| 2011 | $0.00 | $24.80M | −$24.80M | 0.36B | 0.2% | — |
| 2010 | $0.00 | $25.58M | −$25.58M | 0.36B | 0.2% | — |
| 2009 | $0.00 | $25.71M | −$25.71M | 0.36B | -2.3% | — |
| 2008 | $1000.00M | $0.00 | $1000.00M | 0.37B | -3.5% | 8.03% |
| 2007 | $0.00 | $0.00 | $0.00 | 0.38B | 0.4% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 0.38B | 0.4% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.38B | 0.3% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.38B | 0.2% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.38B | 0.0% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.38B | 0.1% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.38B | 0.6% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.38B | 1.4% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.37B | 0.7% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.37B | 0.3% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.37B | 5.3% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.35B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)61% of headroom
Headroom $597.40M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Paychex buy back its own stock?
- Yes, Paychex (PAYX) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Paychex spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $361.60M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Paychex's buyback yield?
- TTM buyback yield is about 1.07% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Paychex's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.07% combined (TTM-based where available).
Is Paychex diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Paychex's share count changed?
- Diluted weighted average shares changed by about 0.3% over roughly five fiscal years (annual income statement data).