PAYX Debt-to-Equity Ratio Analysis
Updated 273h ago·SEC filings & market data
Key Takeaway
The Debt-to-Equity Ratio measures a company’s total liabilities against shareholder equity, so at 1.22x, PAYX holds $1.22 of debt for every $1 of equity.
Sector Performance
71th percentilePAYX
1.22x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
1.25x(Apr 2026)
Deep Analysis
The Debt-to-Equity Ratio measures a company’s total liabilities against shareholder equity, so at 1.22x, PAYX holds $1.22 of debt for every $1 of equity.
This is higher than the sector median of 0.74x, placing the company in the 71st percentile among peers, meaning it carries more leverage than most. The trend is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so there is no evidence of whether leverage is rising or falling. A higher debt load than peers suggests added financial risk, but without trend data, it is impossible to tell if that risk is increasing or improving. The lack of movement data tempers the signal from the elevated level, leaving the risk assessment static. This metric neither supports nor contradicts the overall NEUTRAL verdict; it simply confirms that no decisive shift is identifiable.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PAYX?
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 PAYX'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
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
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 PAYX's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full PAYX research report →PAYX
1.22x
Sector Median
0.74x
Sector Avg
2.51x
How PAYX's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.