EBITDA for Paychex (PAYX)
According to Paychex's latest reported financial statements, the company's current EBITDA (TTM) is $2.81B USD. 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 .
PAYX
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.81B
YoY change
+2.4%
5Y CAGR
+8.3%
Peak year (2025)
$2.49B
Cumulative EBITDA
$30.89B
EBITDA history chart for Paychex (PAYX) from 1986 to 2025
EBITDA history table for Paychex (PAYX) from 1986 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $2.49B | +2.4% | ||
| 2024 | $2.43B | +10.1% | ||
| 2023 | $2.21B | +8.8% | ||
| 2022 | $2.03B | +22.9% | ||
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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.
Among 8 Industrials peers, Paychex (PAYX) ranks 9th; the peer median for EBITDA is $11.86B.
Paychex EBITDA by Year
Paychex EBITDA 2025: $2.49B
Paychex EBITDA in 2025 was $2.49B, edged up 2.4% from 2024. This figure represents the highest annual value in the available history.
Paychex EBITDA 2024: $2.43B
Paychex EBITDA in 2024 was $2.43B, grew 10.1% from 2023.
Paychex EBITDA 2023: $2.21B
Paychex EBITDA in 2023 was $2.21B, grew 8.8% from 2022.
Paychex EBITDA 2022: $2.03B
Paychex EBITDA in 2022 was $2.03B, grew 22.9% from 2021.
Paychex EBITDA 2021: $1.65B
Paychex EBITDA in 2021 was $1.65B.
See more financial history for Paychex (PAYX).
Sector peers — EBITDA
Companies in the same sector as Paychex, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Paychex's EBITDA?
- Latest reported EBITDA for Paychex (PAYX) is $2.81B (period ending February 28, 2026).
How has Paychex EBITDA changed year-over-year?
- Paychex (PAYX) EBITDA changed +2.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Paychex EBITDA?
- Paychex (PAYX) EBITDA compound annual growth rate is +8.3% over the most recent 5 years available.
When did Paychex EBITDA hit its highest annual value?
- Paychex EBITDA reached its highest annual value of $2.49B in 2025.
What was Paychex EBITDA in 2024?
- Paychex (PAYX) EBITDA in 2024 was $2.43B.
What was Paychex EBITDA in 2025?
- Paychex (PAYX) EBITDA in 2025 was $2.49B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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