Paychex (MIC:PAYX-RM) OCF Margin %: 36.18% (As of May. 2026) — Near Median


What is Paychex OCF Margin %?

Paychex MIC:PAYX-RM 81 OCF Margin % is 36.18% as of May. 2026, which is 5% above its 10-year median of 34.30. GuruFocus rates MIC:PAYX-RM with a GF Score™ of 81/100. The stock has 3 warning signs investors should review. Among 2,812 Software companies, Paychex ranks better than 94.49% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Paychex's Cash Flow from Operations for the three months ended in May. 2026 was ₽41,326.96 Mil. Paychex's Revenue for the three months ended in May. 2026 was ₽114,220.06 Mil. Therefore, Paychex's OCF Margin % for the quarter that ended in May. 2026 was 36.18%.

As of today, Paychex's current OCF Yield % is 6.76%.

The historical rank and industry rank for Paychex's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of Paychex was 39.26%. The lowest was 30.46%. And the median was 34.30%.

MIC:PAYX-RM's OCF Margin % is not ranked *
in the Software industry.
Industry Median: 6.915
* Ranked among companies with meaningful OCF Margin % only.

Paychex OCF Margin % Related Terms

Paychex OCF Margin % Historical Data

* Premium members only.

The historical data trend for Paychex's OCF Margin % 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 OCF Margin % Chart

Paychex Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.47 34.08 35.95 34.12 39.26

Paychex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.09 46.65 28.56 44.92 36.18

Paychex OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Paychex's OCF Margin for the fiscal year that ended in May. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: May. 2026 )/Revenue (A: May. 2026 )
=181891.264/463283.103
=39.26 %

Paychex's OCF Margin for the quarter that ended in May. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: May. 2026 )/Revenue (Q: May. 2026 )
=41326.959/114220.059
=36.18 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 36.18% mean?
Paychex (MIC:PAYX-RM) has a OCF Margin % of 36.18% as of May. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Paychex and its competitors. This is near median its historical median of 34.30. Over the past decade, Paychex's OCF Margin % has ranged from 30.46 to 39.26. According to the industry distribution chart, Paychex ranks #155 out of 2812 companies in the Software industry, placing it in the top 5.5%.
Is Paychex's OCF Margin % too high?
Paychex's current OCF Margin % of 36.18% is near median its 10-year median of 34.30. Over the past 10 years, this metric has ranged from a low of 30.46 to a high of 39.26. The Software industry median OCF Margin % is 6.92. Paychex's value of 36.18% is 423.2% above this industry median. Based on the distribution chart, Paychex ranks #155 out of 2812 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Paychex has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Paychex's OCF Margin % compare to ROP and WDAY?
According to the Software industry distribution chart, Paychex ranks #155 out of 2812 companies for OCF Margin %. This places Paychex in the top 6% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.92. Paychex's value of 36.18% is 423.2% above this benchmark. Historically, Paychex's own OCF Margin % has ranged from 30.46 to 39.26 over the past decade. While the company's 10-year median is 34.30 vs. the industry median of 6.92, Paychex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.92, based on 2,812 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paychex's current OCF Margin % of 36.18% is 423.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Paychex and its competitors. For the Software industry, the median OCF Margin % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paychex's current OCF Margin % is 36.18%, which is near median its own 10-year median of 34.30. 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?
Paychex (MIC:PAYX-RM) has a current OCF Margin % of 36.18%. The current OCF Margin % is 36.18%, which is near median its 10-year median of 34.30 and 423.2% above the Software industry median of 6.92. Paychex's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Paychex (MIC:PAYX-RM), the current OCF Margin % is 36.18% 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.

Paychex Business Description

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