Paycom Software PAYC
- Market cap
- $12.4B
- PE
- 29.2×
- 10y median 76.0×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 5.8×
- EV/EBIT
- 20.2×
- Revenue, 12 months
- $2.1B
- +9% on a year ago
- Net margin
- 22.8%
- Free cash flow yield
- 4.6%
Paycom Software trades at 29.2× trailing earnings, cheaper than 79% of the last ten years. Revenue was $2.1B over the last twelve months, up 9% on a year earlier with a 23% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $406.3M+22% | $434.6M+17% | $499.9M+11% | $437.5M+9% | $451.9M+11% | $493.9M+14% | $530.5M+6% | $483.6M+11% | $493.3M+9% | $544.3M+10% | $571.9M+8% | $531.2M+10% | |
| Cost of revenue | $68.9M+25% | $74.7M+26% | $78.7M+21% | $83.9M+24% | $88.4M+28% | $83.7M+12% | $84.6M+8% | $87.5M+4% | $85.4M−3% | $87.8M+5% | $87.3M+3% | $89.1M+2% |
| Gross profit | $337.4M+21% | $359.9M+16% | $421.3M+9% | $353.6M+6% | $363.6M+8% | $410.1M+14% | $445.9M+6% | $396.1M+12% | $407.9M+12% | $456.5M+11% | $484.6M+9% | $442.1M+12% |
| R&D | $51.9M+29% | $55.3M+40% | $50.5M+18% | $62.4M+27% | $63M+22% | $66.7M+21% | $62.3M+23% | $74.8M+20% | $74.1M+18% | $72.2M+8% | $60.7M−3% | $51.9M−31% |
| SG&A | $240.5M+17% | $253.2M+23% | $135.4M−40% | $258.5M+5% | $258.7M+8% | $261.7M+3% | $260.8M+93% | $283.8M+10% | $295.3M+14% | $299.4M+14% | $274.3M+5% | $273.6M−4% |
| $96.9M+31% | $106.7M+1% | $285.8M+78% | $95.1M+9% | $104.9M+8% | $148.5M+39% | $185.1M−35% | $112.3M+18% | $112.6M+7% | $157.1M+6% | $210.2M+14% | $168.5M+50% | |
| Interest expense | $222K−78% | $266K−72% | $782K−7% | $782K+30% | $789K+255% | $1M+294% | $800K+2% | $800K+2% | $1.1M+39% | $700K−33% | $4M+400% | $10.5M+1213% |
| Pre-tax income | $102M+36% | $111.9M−2% | $290M+75% | $99.1M+7% | $108.3M+6% | $151.5M+35% | $190.3M−34% | $117.2M+18% | $152.8M+41% | $159.1M+5% | $215.3M+13% | $156.9M+34% |
| $26.8M+16% | $30.2M−11% | $42.8M−8% | $31.2M+10% | $35M+31% | $37.9M+26% | $50.9M+19% | $27.7M−11% | $42.1M+20% | $45.3M+19% | $59.5M+17% | $49.5M+79% | |
| Net income | $75.2M+44% | $81.8M+2% | $247.2M+107% | $68M+5% | $73.3M−3% | $113.6M+39% | $139.4M−44% | $89.5M+32% | $110.7M+51% | $113.8M+0% | $155.7M+12% | $107.4M+20% |
| $1.30+44% | $1.42+3% | $4.37+112% | $1.20+8% | $1.31+1% | $2.02+42% | $2.48−43% | $1.58+32% | $1.96+50% | $2.06+2% | $3.04+23% | $2.34+48% | |
| 58M−0% | 57.7M−1% | 56.6M−3% | 56.8M−2% | 56M−4% | 56.1M−3% | 56.3M−1% | 56.5M−1% | 56.4M+1% | 55.3M−1% | 51.2M−9% | 45.9M−19% |
Gross profit: 54 periods, Q1 FY13 to Q2 FY26: not printed by the filing, worked out from its own lines.
Operating income: 8 periods, Q1 FY13 to Q4 FY14: not printed by the filing, worked out from its own lines.
EPS, diluted: 10 periods, Q4 FY13 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q4 FY13: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 9 periods, Q4 FY14 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Software - Infrastructure nearest Paycom Software's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| PAYCPaycom Software | $12.4B | 29.2× | 76.0× | n/m | 5.8× | +9% | 22.8% |
| BSYBentley Systems | $12B | 43.6× | 66.2× | n/m | 7.5× | +13% | 18.1% |
| AKAMAkamai Technologies | $13.4B | 33.6× | 31.6× | 14.2× | 3.1× | +6% | 9.5% |
| MANHManhattan Associates | $13.9B | 68.2× | 59.3× | n/m | 12.3× | +6% | 18.7% |
| CACICaci International | $14B | 26.3× | 19.5× | n/m | 1.5× | +11% | 5.6% |
| GDDYGoDaddy | $14.3B | 16.7× | 40.8× | 13.6× | 2.8× | +7% | 17.8% |
| GENGen Digital | $14.9B | 14.5× | 18.5× | n/m | 2.9× | +20% | 20.7% |
| GWREGuidewire Software | $15.5B | 117× | 281× | n/m | 10.5× | +23% | 9.4% |
| DOCUDocusign | $15.9B | 52.0× | 34.1× | n/m | 4.7× | +9% | 9.8% |
| TYLTyler Technologies | $16B | 51.7× | 84.4× | n/m | 6.6× | +8% | 13.4% |
| PCTYPaylocity | $9.4B | 35.8× | 102× | n/m | 5.3× | +11% | 15.2% |
| Peer median | $14.1B | 39.7× | 50.0× | 13.9× | 5.0× | +10% | 14.3% |
Investors who own it
Investors we follow who held Paycom Software at the end of Jun 30, 2026, from their 13F filings.
- Reinhart PartnersReinhart Partners3.5% of portfolioadded
- Bill NygrenHarris Associates (Oakmark)0.6% of portfolioadded
- Baillie GiffordBaillie Gifford0.1% of portfoliotrimmed
- Terry SmithFundsmith0.1% of portfoliotrimmed
More on Paycom Software
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Software - Infrastructure
- Sector
- Technology
Valuation data, not investment advice. Prices as of .