TTM
$2.83B
YoY change
+2.4%
5Y CAGR
+8.3%
Peak year (2025)
$2.49B
Cumulative EBITDA
$33.26B
EBITDA history chart for Paychex (PAYX) from 1986 to 2025
Latest: $2.49B
EBITDA growth chart for Paychex (PAYX) from 1986 to 2025
Latest: +2.4%
EBITDA history table for Paychex (PAYX) from 1986 to 2025
| 2025 | $2.49B | +2.4% | +$59.00M | ||
| 2024 | $2.43B | +7.5% | +$170.30M | ||
| 2023 | $2.26B | +10.2% | +$208.50M | ||
| 2022 | $2.05B | +24.2% | +$400.30M | ||
| 2021 | $1.65B | -1.0% | −$17.50M | ||
| 2020 | $1.67B | +7.2% | +$112.10M | ||
| 2019 | $1.56B | +9.0% | +$128.60M | ||
| 2018 | $1.43B | +3.5% | +$48.70M | ||
| 2017 | $1.38B | +9.8% | +$123.60M | ||
| 2016 | $1.26B | +9.0% | +$103.40M | ||
| 2015 | $1.15B | +6.6% | +$71.50M | ||
| 2014 | $1.08B | +8.6% | +$85.90M | ||
| 2013 | $996.40M | +5.4% | +$51.10M | ||
| 2012 | $945.30M | +8.0% | +$70.20M | ||
| 2011 | $875.10M | +7.3% | +$59.35M | ||
| 2010 | $815.75M | -9.1% | −$82.09M | ||
| 2009 | $897.85M | -4.0% | −$37.58M | ||
| 2008 | $935.43M | +17.1% | +$136.90M | ||
| 2007 | $798.53M | +7.3% | +$54.37M | ||
| 2006 | $744.16M | +21.3% | +$130.93M | ||
| 2005 | $613.24M | +19.0% | +$98.01M | ||
| 2004 | $515.23M | +10.7% | +$49.63M | ||
| 2003 | $465.60M | +13.3% | +$54.51M | ||
| 2002 | $411.09M | +9.4% | +$35.24M | ||
| 2001 | $375.84M | +27.2% | +$80.46M | ||
| 2000 | $295.38M | +34.0% | +$74.90M | ||
| 1999 | $220.47M | +36.1% | +$58.51M | ||
| 1998 | $161.96M | +37.3% | +$43.96M | ||
| 1997 | $118.00M | +35.6% | +$31.00M | ||
| 1996 | $87.00M | +40.3% | +$25.00M | ||
| 1995 | $62.00M | +29.2% | +$14.00M | ||
| 1994 | $48.00M | +28.7% | +$10.70M | ||
| 1993 | $37.30M | +30.0% | +$8.60M | ||
| 1992 | $28.70M | +32.3% | +$7.00M | ||
| 1991 | $21.70M | +11.3% | +$2.20M | ||
| 1990 | $19.50M | -3.0% | −$600.00K | ||
| 1989 | $20.10M | +81.1% | +$9.00M | ||
| 1988 | $11.10M | -17.8% | −$2.40M | ||
| 1987 | $13.50M | +31.1% | +$3.20M | ||
| 1986 | $10.30M | — | — |
- 2025$2.49B+2.4%
- 2024$2.43B+7.5%
- 2023$2.26B+10.2%
- 2022$2.05B+24.2%
- 2021$1.65B-1.0%
- 2020$1.67B+7.2%
- 2019$1.56B+9.0%
- 2018$1.43B+3.5%
- 2017$1.38B+9.8%
- 2016$1.26B+9.0%
- 2015$1.15B+6.6%
- 2014$1.08B+8.6%
- 2013$996.40M+5.4%
- 2012$945.30M+8.0%
- 2011$875.10M+7.3%
- 2010$815.75M-9.1%
- 2009$897.85M-4.0%
- 2008$935.43M+17.1%
- 2007$798.53M+7.3%
- 2006$744.16M+21.3%
- 2005$613.24M+19.0%
- 2004$515.23M+10.7%
- 2003$465.60M+13.3%
- 2002$411.09M+9.4%
- 2001$375.84M+27.2%
- 2000$295.38M+34.0%
- 1999$220.47M+36.1%
- 1998$161.96M+37.3%
- 1997$118.00M+35.6%
- 1996$87.00M+40.3%
- 1995$62.00M+29.2%
- 1994$48.00M+28.7%
- 1993$37.30M+30.0%
- 1992$28.70M+32.3%
- 1991$21.70M+11.3%
- 1990$19.50M-3.0%
- 1989$20.10M+81.1%
- 1988$11.10M-17.8%
- 1987$13.50M+31.1%
- 1986$10.30M—
EBITDA values are taken from Paychex's reported income 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 EBITDA at Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current EBITDA (TTM) is $2.83B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
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) EBITDA totalled $2.49B – edged up 2.4% year-over-year.
Paychex EBITDA has grown for 4 consecutive years, with a +8.3% compound annual growth rate over 2020–2025 (5 years).
Across the available history, EBITDA reached its high of $2.49B in 2025 and its low of $10.30M in 1986.
Paychex EBITDA by Year
Paychex EBITDA 2025: $2.49B
Paychex posted EBITDA of $2.49B in 2025, edged up 2.4% from 2024. This figure represents the highest annual value in the available history.
Paychex EBITDA 2024: $2.43B
In 2024, Paychex reported EBITDA of $2.43B, grew 7.5% from 2023.
Paychex EBITDA 2023: $2.26B
Paychex EBITDA in 2023 was $2.26B, grew 10.2% from 2022.
Paychex EBITDA 2022: $2.05B
2022's EBITDA for Paychex came in at $2.05B, grew 24.2% from 2021.
Paychex EBITDA 2021: $1.65B
Paychex EBITDA in 2021 was $1.65B.
See more financial history for Paychex (PAYX).
Sector peers by EBITDA
Industrials peers of Paychex (PAYX), ranked by their latest EBITDA
| $14.95B | |
| $14.86B | |
| $12.95B | |
| $12.06B | |
| $11.66B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.95B
- $14.86B
- $12.95B
- $12.06B
- $11.66B
- $7.36B
- $5.95B
- $4.29B
Frequently asked questions
Paychex (PAYX) Key Financials
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