Latest period
$235M
YoY change
+22.5%
5Y CAGR
+15.4%
Peak year (FY2026)
$235M
Cumulative CapEx
$2.9B
CapEx history chart for Paychex (PAYX) from 2017 to 2026
Latest: $235M
CapEx growth chart for Paychex (PAYX) from 2017 to 2026
Latest: +22.5%
CapEx history table for Paychex (PAYX) from 1990 to 2026
| FY2026 | $235M | +22.5% | +$43.1M | ||
| FY2025 | $192M | +18.8% | +$30.4M | ||
| FY2024 | $161M | +12.9% | +$18.4M | ||
| FY2023 | $143M | +7.8% | +$10.4M | ||
| FY2022 | $133M | +15.7% | +$18M | ||
| FY2021 | $115M | -9.8% | -$12.4M | ||
| FY2020 | $127M | +2.6% | +$3.2M | ||
| FY2019 | $124M | -19.6% | -$30.2M | ||
| FY2018 | $154M | +63.3% | +$59.7M | ||
| FY2017 | $94.3M | -3.5% | -$3.4M | ||
| FY2016 | $97.7M | -5.0% | -$5.1M | ||
| FY2015 | $103M | +22.2% | +$18.7M | ||
| FY2014 | $84.1M | -14.8% | -$14.6M | ||
| FY2013 | $98.7M | +10.2% | +$9.1M | ||
| FY2012 | $89.6M | -13.3% | -$13.7M | ||
| FY2011 | $103M | +68.6% | +$42M | ||
| FY2010 | $61.3M | -5.3% | -$3.45M | ||
| FY2009 | $64.7M | -21.4% | -$17.6M | ||
| FY2008 | $82.3M | +4.1% | +$3.27M | ||
| FY2007 | $79M | -2.6% | -$2.12M | ||
| FY2006 | $81.1M | +14.8% | +$10.5M | ||
| FY2005 | $70.7M | +39.8% | +$20.1M | ||
| FY2004 | $50.6M | -16.0% | -$9.65M | ||
| FY2003 | $60.2M | +10.7% | +$5.83M | ||
| FY2002 | $54.4M | +20.2% | +$9.13M | ||
| FY2001 | $45.3M | +37.6% | +$12.4M | ||
| FY2000 | $32.9M | +48.8% | +$10.8M | ||
| FY1999 | $22.1M | -21.6% | -$6.1M | ||
| FY1998 | $28.2M | +56.7% | +$10.2M | ||
| FY1997 | $18M | +5.9% | +$1M | ||
| FY1996 | $17M | +38.2% | +$4.7M | ||
| FY1995 | $12.3M | +8.8% | +$1M | ||
| FY1994 | $11.3M | +29.9% | +$2.6M | ||
| FY1993 | $8.7M | -35.1% | -$4.7M | ||
| FY1992 | $13.4M | -23.0% | -$4M | ||
| FY1991 | $17.4M | +13.0% | +$2M | ||
| FY1990 | $15.4M | — | — |
- FY2026$235M+22.5%
- FY2025$192M+18.8%
- FY2024$161M+12.9%
- FY2023$143M+7.8%
- FY2022$133M+15.7%
- FY2021$115M-9.8%
- FY2020$127M+2.6%
- FY2019$124M-19.6%
- FY2018$154M+63.3%
- FY2017$94.3M-3.5%
- FY2016$97.7M-5.0%
- FY2015$103M+22.2%
- FY2014$84.1M-14.8%
- FY2013$98.7M+10.2%
- FY2012$89.6M-13.3%
- FY2011$103M+68.6%
- FY2010$61.3M-5.3%
- FY2009$64.7M-21.4%
- FY2008$82.3M+4.1%
- FY2007$79M-2.6%
- FY2006$81.1M+14.8%
- FY2005$70.7M+39.8%
- FY2004$50.6M-16.0%
- FY2003$60.2M+10.7%
- FY2002$54.4M+20.2%
- FY2001$45.3M+37.6%
- FY2000$32.9M+48.8%
- FY1999$22.1M-21.6%
- FY1998$28.2M+56.7%
- FY1997$18M+5.9%
- FY1996$17M+38.2%
- FY1995$12.3M+8.8%
- FY1994$11.3M+29.9%
- FY1993$8.7M-35.1%
- FY1992$13.4M-23.0%
- FY1991$17.4M+13.0%
- FY1990$15.4M—
CapEx values are taken from Paychex's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current CapEx (TTM) is $235M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2026, Paychex (PAYX) CapEx totalled $235M – grew 22.5% year-over-year.
Paychex CapEx has grown for 5 consecutive years, with a +15.4% compound annual growth rate over 2021–2026 (5 years).
2026 marks the peak CapEx at $235M, with the historical low of $8.7M recorded in 1993.
Paychex Capital Expenditures by Year
Paychex Capital Expenditures 2026: $235M
2026's CapEx for Paychex came in at $235M, grew 22.5% from 2025. This figure represents the highest annual value in the available history.
Paychex Capital Expenditures 2025: $192M
Paychex posted CapEx of $192M in 2025, grew 18.8% from 2024.
Paychex Capital Expenditures 2024: $161M
In 2024, Paychex reported CapEx of $161M, grew 12.9% from 2023.
Paychex Capital Expenditures 2023: $143M
Paychex CapEx in 2023 was $143M, grew 7.8% from 2022.
Paychex Capital Expenditures 2022: $133M
Paychex CapEx in 2022 was $133M.
See more financial history for Paychex (PAYX).
Sector peers by CapEx
Industrials peers of Paychex (PAYX), ranked by their latest CapEx
| $20.7B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $919M |
- $20.7B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.