Latest period
$229.50M
YoY change
+18.8%
5Y CAGR
+8.6%
Peak year (2025)
$191.80M
Cumulative CapEx
$2.83B
CapEx history chart for Paychex (PAYX) from 1990 to 2025
Latest: $191.80M
CapEx growth chart for Paychex (PAYX) from 1990 to 2025
Latest: +18.8%
CapEx history table for Paychex (PAYX) from 1990 to 2025
| 2025 | $191.80M | +18.8% | +$30.40M | ||
| 2024 | $161.40M | +12.9% | +$18.40M | ||
| 2023 | $143.00M | +7.8% | +$10.40M | ||
| 2022 | $132.60M | +15.7% | +$18.00M | ||
| 2021 | $114.60M | -9.8% | −$12.40M | ||
| 2020 | $127.00M | +2.6% | +$3.20M | ||
| 2019 | $123.80M | -19.6% | −$30.20M | ||
| 2018 | $154.00M | +63.3% | +$59.70M | ||
| 2017 | $94.30M | -3.5% | −$3.40M | ||
| 2016 | $97.70M | -5.0% | −$5.10M | ||
| 2015 | $102.80M | +22.2% | +$18.70M | ||
| 2014 | $84.10M | -14.8% | −$14.60M | ||
| 2013 | $98.70M | +10.2% | +$9.10M | ||
| 2012 | $89.60M | -13.3% | −$13.70M | ||
| 2011 | $103.30M | +68.6% | +$42.04M | ||
| 2010 | $61.26M | -5.3% | −$3.45M | ||
| 2009 | $64.71M | -21.4% | −$17.58M | ||
| 2008 | $82.29M | +4.1% | +$3.27M | ||
| 2007 | $79.02M | -2.6% | −$2.12M | ||
| 2006 | $81.14M | +14.8% | +$10.46M | ||
| 2005 | $70.69M | +39.8% | +$20.12M | ||
| 2004 | $50.56M | -16.0% | −$9.65M | ||
| 2003 | $60.21M | +10.7% | +$5.83M | ||
| 2002 | $54.38M | +20.2% | +$9.13M | ||
| 2001 | $45.25M | +37.6% | +$12.36M | ||
| 2000 | $32.89M | +48.8% | +$10.79M | ||
| 1999 | $22.10M | -21.6% | −$6.10M | ||
| 1998 | $28.20M | +56.7% | +$10.20M | ||
| 1997 | $18.00M | +5.9% | +$1.00M | ||
| 1996 | $17.00M | +38.2% | +$4.70M | ||
| 1995 | $12.30M | +8.8% | +$1.00M | ||
| 1994 | $11.30M | +29.9% | +$2.60M | ||
| 1993 | $8.70M | -35.1% | −$4.70M | ||
| 1992 | $13.40M | -23.0% | −$4.00M | ||
| 1991 | $17.40M | +13.0% | +$2.00M | ||
| 1990 | $15.40M | — | — |
- 2025$191.80M+18.8%
- 2024$161.40M+12.9%
- 2023$143.00M+7.8%
- 2022$132.60M+15.7%
- 2021$114.60M-9.8%
- 2020$127.00M+2.6%
- 2019$123.80M-19.6%
- 2018$154.00M+63.3%
- 2017$94.30M-3.5%
- 2016$97.70M-5.0%
- 2015$102.80M+22.2%
- 2014$84.10M-14.8%
- 2013$98.70M+10.2%
- 2012$89.60M-13.3%
- 2011$103.30M+68.6%
- 2010$61.26M-5.3%
- 2009$64.71M-21.4%
- 2008$82.29M+4.1%
- 2007$79.02M-2.6%
- 2006$81.14M+14.8%
- 2005$70.69M+39.8%
- 2004$50.56M-16.0%
- 2003$60.21M+10.7%
- 2002$54.38M+20.2%
- 2001$45.25M+37.6%
- 2000$32.89M+48.8%
- 1999$22.10M-21.6%
- 1998$28.20M+56.7%
- 1997$18.00M+5.9%
- 1996$17.00M+38.2%
- 1995$12.30M+8.8%
- 1994$11.30M+29.9%
- 1993$8.70M-35.1%
- 1992$13.40M-23.0%
- 1991$17.40M+13.0%
- 1990$15.40M—
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 $229.50M. 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 2025, Paychex (PAYX) CapEx totalled $191.80M – grew 18.8% year-over-year.
Paychex CapEx has grown for 4 consecutive years, with a +8.6% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak CapEx at $191.80M, with the historical low of $8.70M recorded in 1993.
Paychex Capital Expenditures by Year
Paychex Capital Expenditures 2025: $191.80M
Paychex posted CapEx of $191.80M in 2025, grew 18.8% from 2024. This figure represents the highest annual value in the available history.
Paychex Capital Expenditures 2024: $161.40M
In 2024, Paychex reported CapEx of $161.40M, grew 12.9% from 2023.
Paychex Capital Expenditures 2023: $143.00M
Paychex CapEx in 2023 was $143.00M, grew 7.8% from 2022.
Paychex Capital Expenditures 2022: $132.60M
2022's CapEx for Paychex came in at $132.60M, grew 15.7% from 2021.
Paychex Capital Expenditures 2021: $114.60M
Paychex CapEx in 2021 was $114.60M.
See more financial history for Paychex (PAYX).
Sector peers by CapEx
Industrials peers of Paychex (PAYX), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $919.00M |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
- $919.00M
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Paychex (PAYX) Key Financials
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