Paychex (FRA:PCX) LT-Debt-to-Total-Asset: 0.29 (As of May. 2026)

Paychex FRA:PCX -0.81% 81 LT-Debt-to-Total-Asset is 0.29 as of May. 2026. GuruFocus rates FRA:PCX with a GF Score™ of 81/100 and a GF Value™ of €137.84 (Significantly Undervalued). The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Paychex's long-term debt to total assests ratio for the quarter that ended in May. 2026 was 0.29.

Paychex's long-term debt to total assets ratio increased from May. 2025 (0.28) to May. 2026 (0.29). It may suggest that Paychex is progressively becoming more dependent on debt to grow their business.

Paychex (FRA:PCX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Paychex LT-Debt-to-Total-Asset Related Terms

Paychex LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Paychex's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paychex LT-Debt-to-Total-Asset Chart

Paychex Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

May24

May25

May26

LT-Debt-to-Total-Asset

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0.09

0.08

0.28

0.29

Paychex Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26	May26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.28	0.28	0.26	0.29

81GF Score

Paychex Inc FRA:PCX

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Paychex LT-Debt-to-Total-Asset Calculation

Paychex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2026 is calculated as

LT Debt to Total Assets (A: May. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2026 )	/	Total Assets (A: May. 2026 )
	=	3944.705	/	13845.372
	=	0.28

Paychex's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2026 is calculated as

LT Debt to Total Assets (Q: May. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2026 )	/	Total Assets (Q: May. 2026 )
	=	3944.705	/	13845.372
	=	0.28

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.29 mean?

Paychex (FRA:PCX) has a LT-Debt-to-Total-Asset of 0.29 as of May. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Paychex and its competitors.

Is Paychex's LT-Debt-to-Total-Asset too high?

Paychex's current LT-Debt-to-Total-Asset is 0.29. Overall, Paychex has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Paychex's LT-Debt-to-Total-Asset compare to ROP and WDAY?

Paychex's LT-Debt-to-Total-Asset of 0.29 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Software company?

A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Paychex and its competitors. Paychex's current LT-Debt-to-Total-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Paychex stock overvalued right now?

Based on GuruFocus' analysis, Paychex (FRA:PCX) is currently considered Significantly Undervalued. The stock's GF Value™ is €137.84, compared to a current price of €86.64 — trading 37.1% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.29. Paychex's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Paychex (FRA:PCX), the current LT-Debt-to-Total-Asset is 0.29 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paychex (FRA:PCX) Overvalued in 2026?

Based on GuruFocus' analysis, Paychex stock appears to be undervalued. The current stock price of €86.64 is trading 37.1% below its estimated GF Value™ of €137.84. GuruFocus considers Paychex to be Significantly Undervalued.

Key valuation signals for FRA:PCX:

LT-Debt-to-Total-Asset: 0.29
GF Value™: €137.84 vs. price of €86.64 (37.1% below fair value)
GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the FRA:PCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Paychex Business Description

Industry Technology Software

Comparable Companies ROP WDAY ADSK MSTR FICO ZM TEAM SSNC GRAB PTC XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Other Exchanges PAYX:USA PAYX:Mexico 1PAYX:Italy 0KGE:UK PCX:Germany PAYX:Austria

Address 911 Panorama Trail South, Rochester, NY, USA, 14625-2396

Website https://www.paychex.com

Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including professional employer organization, or PEO, offerings, enabling clients to reduce HR overhead. Paychex primarily targets small and midsize businesses, although its acquisition of Paycor in 2025 signals the firm's aspirations to expand into the midmarket segment, serving firms with more than 100 employees. As of fiscal 2025, Paychex has approximately 800,000 clients and manages payroll for one in 11 workers in the United States.

81GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€86.64

Price

€137.84

GF Value

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