PAYC Debt-to-Equity Ratio Analysis
Updated 129h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio shows how much debt a company carries for every dollar of shareholder equity; at 1.57x, PAYC has $1.57 of debt per $1 of equity.
Sector Performance
77th percentilePAYC
1.57x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.83x(Aug 2026)
Deep Analysis
The debt-to-equity ratio shows how much debt a company carries for every dollar of shareholder equity; at 1.57x, PAYC has $1.57 of debt per $1 of equity.
This is well above the sector median of 0.74x, placing PAYC in the 78th percentile among its peers, meaning most comparable companies use less leverage. The 8-quarter trend direction is not available, and the year-over-year change is also N/A, but quarter-over-quarter the ratio jumped +89.2% from 0.83x to 1.57x. The combination of a high absolute leverage level and a rapid quarterly increase suggests greater financial risk, as debt obligations could strain cash flow if earnings weaken, though leverage can also boost returns if profits grow. This metric supports the overall NEUTRAL verdict because the elevated and rising debt load is a clear risk factor that offsets any potential positive drivers in the stock.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PAYC?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are PAYC's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master PAYC's Valuation
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1.57x
Sector Median
0.74x
Sector Avg
2.51x
How PAYC's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.