FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

PAYX
2026-05-31 · figures in $M

NET DEBT UP

Net debt rose 8.0% to $3.5B, and stands at 1.17× annualized EBITDA.

CASH -37.5%
1,088
TOTAL DEBT -8.0%
4,556
NET DEBT +8.0%
3,468
NET DEBT / ANN. EBITDA +0.6%
1.17× TARGET <2.0×
Balance sheet TTM 24-08 TTM 24-11 TTM 25-02 TTM 25-05 TTM 25-08 TTM 25-11 TTM 26-02 vs prior TTM YoY
Cash & equivalents
10-K
1,460 1,202 1,564 1,629 809 1,486 1,742 1,088 -37.5% -33.2%
Accounts receivable
10-K
1,126 1,257 1,245 1,330 1,359 1,356 1,435 1,508 +5.1% +13.3%
Other current assets
10-K
342 346 359 378 379 372 378 385 +1.7% +1.7%
Total current assets
10-K
7,361 7,430 8,077 8,916 9,040 8,909 9,928 8,613 -13.2% -3.4%
Current ratio
10-K
1.38× 1.39× 1.39× 1.28× 1.27× 1.27× 1.26× 1.26× -0.1% -1.8%
Goodwill
10-K
1,885 1,880 1,878 4,514 4,524 4,527 4,527 4,527 +0.0% +0.3%
Property, plant & equipment
10-K
417 432 451 512 525 551 569 589 +3.5% +15.1%
Total assets
10-K
10,489 10,555 11,222 16,564 16,663 16,519 17,511 16,174 -7.6% -2.4%
Return on assets (annualized)
10-K
16.2% 16.3% 15.5% 10.0% 9.7% 9.7% 9.3% 10.9% +16.4% +8.8%
Accounts payable
10-K
81 89 119 130 121 138 132 155 +16.9% +19.3%
Short-term debt
10-K
19 18 18 400 400 400 400 0 -100.0% -100.0%
Total current liabilities
10-K
5,344 5,329 5,800 6,956 7,129 7,041 7,879 6,841 -13.2% -1.7%
Long-term debt
10-K
799 799 799 4,548 4,550 4,552 4,554 4,556 +0.0% +0.2%
Total liabilities
10-K
6,639 6,629 7,105 12,436 12,692 12,639 13,498 12,439 -7.8% +0.0%
Net debt
10-K
-642 -385 -747 3,338 4,160 3,485 3,212 3,468 +8.0% +3.9%
Stockholders' equity
10-K
3,850 3,926 4,117 4,128 3,971 3,880 4,014 3,735 -6.9% -9.5%
Net debt / TTM EBITDA
10-K
-0.27× -0.16× -0.31× 1.38× 1.68× 1.35× 1.17× 1.17× +0.6% -15.0%

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SELECTED · NET DEBT · QoQ BRIDGE
FROM3,212 TOTAL DEBT-398 CASH & EQUIVALENTS+654 TO3,468
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-K FILED 2026-07-17 ↗