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Paylocity (PCTY) Financials

Paylocity logo
$197.44 +2.59 (+1.33%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$197.46 +0.03 (+0.01%)
As of 05/27/2025 04:20 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Paylocity

Annual Income Statements for Paylocity

This table shows Paylocity's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015
Net Income / (Loss) Attributable to Common Shareholders
207 141 91 71 64 54 39 6.72 -3.85 -14
Consolidated Net Income / (Loss)
207 141 91 71 64 54 39 6.72 -3.85 -14
Net Income / (Loss) Continuing Operations
207 141 91 71 64 54 39 6.72 -3.85 -14
Total Pre-Tax Income
277 159 84 57 67 58 17 7.37 -3.67 -14
Total Operating Income
260 155 85 58 66 56 16 7.30 -3.55 -14
Total Gross Profit
961 808 566 416 379 314 228 176 133 82
Total Revenue
1,403 1,175 853 640 561 468 378 300 231 153
Operating Revenue
1,403 1,175 853 640 561 468 378 300 231 153
Total Cost of Revenue
442 367 287 219 182 154 149 124 98 71
Operating Cost of Revenue
442 367 287 219 182 154 149 124 98 71
Total Operating Expenses
701 653 481 358 313 258 212 169 136 96
Selling, General & Admin Expense
187 192 164 120 105 95 79 62 48 33
Marketing Expense
335 297 214 162 145 113 95 78 62 43
Research & Development Expense
178 164 103 77 63 50 38 29 27 20
Total Other Income / (Expense), net
17 3.59 -1.00 -0.94 0.95 1.82 0.80 0.07 -0.12 0.05
Other Income / (Expense), net
17 3.59 -1.00 -0.94 0.95 1.82 0.80 0.07 -0.12 0.05
Income Tax Expense
70 18 -7.18 -14 2.66 4.22 -22 0.65 0.18 0.11
Basic Earnings per Share
$3.68 $2.53 $1.65 $1.30 $1.20 $1.02 $0.74 $0.13 ($0.08) ($0.28)
Weighted Average Basic Shares Outstanding
56.21M 55.71M 55.04M 54.32M 53.55M 52.91M 52.43M 51.42M 50.91M 50.13M
Diluted Earnings per Share
$3.63 $2.49 $1.61 $1.26 $1.15 $0.97 $0.70 $0.12 ($0.08) ($0.28)
Weighted Average Diluted Shares Outstanding
56.98M 56.60M 56.45M 56.31M 55.81M 55.41M 54.89M 54.06M 50.91M 50.13M
Weighted Average Basic & Diluted Shares Outstanding
55.57M 55.92M 55.28M 54.60M 53.81M 52.80M 52.20M 51.70M 48.10M 49.90M

Quarterly Income Statements for Paylocity

This table shows Paylocity's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
91 37 50 49 85 38 35 37 58 16 30
Consolidated Net Income / (Loss)
91 37 50 49 85 38 35 37 58 16 30
Net Income / (Loss) Continuing Operations
91 37 50 49 85 38 35 37 58 16 30
Total Pre-Tax Income
127 47 69 68 111 54 44 52 82 18 6.93
Total Operating Income
127 47 64 63 106 50 41 49 80 18 7.09
Total Gross Profit
325 252 248 240 285 219 216 212 244 183 169
Total Revenue
455 377 363 357 401 326 318 308 340 273 253
Operating Revenue
455 377 363 357 401 326 318 308 340 273 253
Total Cost of Revenue
130 125 115 117 116 107 101 97 96 90 85
Operating Cost of Revenue
130 125 115 117 116 107 101 97 96 90 85
Total Operating Expenses
198 206 184 177 179 169 175 162 164 165 162
Selling, General & Admin Expense
54 57 48 45 49 43 50 46 47 48 50
Marketing Expense
92 93 88 88 87 80 80 76 74 76 71
Research & Development Expense
51 56 47 44 43 46 45 41 42 41 40
Total Other Income / (Expense), net
-0.47 0.19 4.74 5.57 4.32 3.80 3.23 2.62 1.14 -0.01 -0.16
Other Income / (Expense), net
-0.47 0.19 4.74 5.57 4.32 3.80 3.23 2.62 1.14 -0.01 -0.16
Income Tax Expense
35 9.35 19 20 25 15 9.90 15 24 2.60 -23
Basic Earnings per Share
$1.64 $0.67 $0.89 $0.87 $1.51 $0.68 $0.62 $0.67 $1.03 $0.28 $0.55
Weighted Average Basic Shares Outstanding
55.81M 55.83M 55.64M 56.21M 56.37M 56.24M 56.04M 55.71M 55.79M 55.72M 55.45M
Diluted Earnings per Share
$1.61 $0.66 $0.88 $0.85 $1.50 $0.67 $0.61 $0.65 $1.02 $0.28 $0.54
Weighted Average Diluted Shares Outstanding
56.78M 56.74M 56.27M 56.98M 57.05M 56.86M 56.88M 56.60M 56.56M 56.47M 56.66M
Weighted Average Basic & Diluted Shares Outstanding
55.23M 55.89M 55.75M 55.57M 56.43M 56.33M 56.18M 55.92M 55.81M 55.77M 55.67M

Annual Cash Flow Statements for Paylocity

This table details how cash moves in and out of Paylocity's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015
Net Change in Cash & Equivalents
424 -1,372 1,848 454 66 186 194 -280 5.24 2.41
Net Cash From Operating Activities
385 283 155 125 113 115 98 62 33 11
Net Cash From Continuing Operating Activities
385 283 155 125 113 115 98 62 33 11
Net Income / (Loss) Continuing Operations
207 141 91 71 64 54 39 6.72 -3.85 -14
Consolidated Net Income / (Loss)
207 141 91 71 64 54 39 6.72 -3.85 -14
Depreciation Expense
76 61 50 43 38 35 30 21 14 8.61
Amortization Expense
-4.38 -5.41 0.38 0.52 -1.68 -2.23 -0.44 - - -
Non-Cash Adjustments To Reconcile Net Income
147 150 97 64 48 47 43 30 18 14
Changes in Operating Assets and Liabilities, net
-41 -64 -83 -53 -36 -18 -13 4.29 4.54 2.95
Net Cash From Investing Activities
-102 -220 -480 48 -49 -43 -179 -38 -673 -199
Net Cash From Continuing Investing Activities
-102 -220 -480 48 -49 -43 -179 -38 -673 -199
Purchase of Property, Plant & Equipment
-79 -67 -53 -38 -42 -31 -37 -35 -24 -13
Acquisitions
-12 0.00 -108 -15 -17 0.00 -6.66 - -0.48 -12
Purchase of Investments
-304 -599 -434 0.00 -400 -251 -197 - - -
Sale and/or Maturity of Investments
294 447 117 101 411 246 73 - - -
Other Investing Activities, net
-1.08 -1.10 -2.50 0.00 0.00 -7.48 -12 -2.85 -648 -174
Net Cash From Financing Activities
142 -1,435 2,172 280 2.09 115 275 -304 646 190
Net Cash From Continuing Financing Activities
142 -1,435 2,172 280 2.09 115 275 -304 646 190
Repayment of Debt
-0.07 -0.89 -50 -100 -0.70 0.00 0.00 - - -
Repurchase of Common Equity
-150 0.00 0.00 - - -35 0.00 - - -0.08
Issuance of Debt
0.00 0.00 50 0.00 100 0.00 0.00 - - -
Issuance of Common Equity
19 17 14 12 8.90 5.98 4.30 3.68 2.99 20
Other Financing Activities, net
273 -1,451 2,158 368 -106 144 271 -308 643 170
Cash Interest Paid
0.49 0.40 0.31 0.87 0.44 0.00 0.00 - - -
Cash Income Taxes Paid
48 1.36 0.01 -0.14 0.08 0.41 -0.05 0.03 0.00 0.16

Quarterly Cash Flow Statements for Paylocity

This table details how cash moves in and out of Paylocity's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-134 920 -240 -731 451 775 -70 -418 93 789 -1,836
Net Cash From Operating Activities
186 54 91 80 168 75 62 77 127 62 16
Net Cash From Continuing Operating Activities
186 54 91 80 168 75 62 77 127 62 16
Net Income / (Loss) Continuing Operations
91 37 50 49 85 38 35 37 58 16 30
Consolidated Net Income / (Loss)
91 37 50 49 85 38 35 37 58 16 30
Depreciation Expense
26 26 22 21 20 18 17 16 15 15 14
Amortization Expense
-0.36 -0.62 -0.66 -0.69 -1.01 -1.29 -1.39 -1.81 -1.56 -1.29 -0.75
Non-Cash Adjustments To Reconcile Net Income
36 44 34 32 36 39 39 32 33 45 40
Changes in Operating Assets and Liabilities, net
33 -53 -13 -21 27 -20 -27 -7.01 23 -12 -68
Net Cash From Investing Activities
-28 -288 -13 -25 -14 -53 -9.40 79 -167 -43 -89
Net Cash From Continuing Investing Activities
-28 -288 -13 -25 -14 -53 -9.40 79 -167 -43 -89
Purchase of Property, Plant & Equipment
-18 -17 -18 -23 -21 -18 -18 -27 -13 -13 -13
Acquisitions
0.15 - - - -0.02 - - - - - -
Purchase of Investments
-56 -46 -20 -73 -67 -72 -93 -41 -261 -177 -119
Sale and/or Maturity of Investments
43 55 25 72 72 50 101 149 108 147 43
Other Investing Activities, net
3.25 -1.31 -0.64 -1.86 1.37 -0.18 -0.41 -1.14 0.00 0.03 0.00
Net Cash From Financing Activities
-292 1,154 -318 -786 298 752 -122 -573 132 769 -1,763
Net Cash From Continuing Financing Activities
-292 1,154 -318 -786 298 752 -122 -573 132 769 -1,763
Repayment of Debt
-82 -0.01 -0.01 -0.04 -13 13 -0.01 -0.01 -0.01 -0.01 -0.86
Repurchase of Common Equity
-83 - - - - - - - - - -
Other Financing Activities, net
-128 1,152 -643 -646 311 729 -122 -581 132 761 -1,762
Cash Interest Paid
4.37 5.06 0.12 0.12 0.13 0.12 0.12 0.12 0.13 0.10 0.06
Cash Income Taxes Paid
18 40 6.19 13 9.10 19 6.21 0.79 0.73 -0.18 0.02

Annual Balance Sheets for Paylocity

This table presents Paylocity's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015
Total Assets
4,245 3,696 4,809 2,415 1,986 1,804 1,508 1,137 1,391 721
Total Current Assets
3,524 3,048 4,232 2,033 1,663 1,596 1,378 1,063 1,335 679
Cash & Equivalents
402 289 140 202 251 132 137 103 86 81
Restricted Cash
2,952 2,621 3,988 1,760 1,327 1,394 1,226 942 1,240 591
Accounts Receivable
33 25 16 6.27 4.92 4.36 3.45 2.04 1.68 1.12
Prepaid Expenses
40 35 29 16 13 14 11 15 7.41 4.42
Other Current Assets
98 78 60 44 32 22 - - - -
Plant, Property, & Equipment, net
61 64 63 60 67 70 62 41 27 16
Total Noncurrent Assets
660 583 514 322 256 138 67 34 29 26
Goodwill
109 102 102 34 22 9.59 9.59 6.00 6.00 6.00
Intangible Assets
145 121 107 58 50 38 34 26 22 19
Noncurrent Deferred & Refundable Income Taxes
18 16 19 12 4.96 6.47 22 - - -
Other Noncurrent Operating Assets
389 345 286 219 179 83 1.50 1.54 0.85 0.40
Total Liabilities & Shareholders' Equity
4,245 3,696 4,809 2,415 1,986 1,804 1,508 1,137 1,391 721
Total Liabilities
3,212 2,853 4,196 1,938 1,593 1,496 1,295 990 1,271 613
Total Current Liabilities
3,117 2,775 4,121 1,867 1,409 1,456 1,271 975 1,266 609
Accounts Payable
8.64 6.15 8.37 4.23 1.76 3.95 2.99 2.05 1.62 1.33
Accrued Expenses
158 143 124 103 80 58 42 30 25 16
Other Current Liabilities
2,950 2,625 3,988 1,760 1,327 1,394 1,226 942 1,240 592
Total Noncurrent Liabilities
95 78 75 71 184 40 24 15 4.90 3.48
Long-Term Debt
0.00 - - - 100 0.00 - - - -
Noncurrent Deferred & Payable Income Tax Liabilities
42 12 2.22 1.78 8.75 6.94 - 0.40 0.25 0.87
Other Noncurrent Operating Liabilities
53 66 73 69 75 1.72 1.12 - - -
Total Equity & Noncontrolling Interests
1,033 843 613 477 393 308 213 148 120 108
Total Preferred & Common Equity
1,033 843 613 477 393 308 213 148 120 108
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,033 843 613 477 393 308 213 148 120 108
Common Stock
361 381 290 242 228 208 220 193 172 156
Retained Earnings
673 467 326 235 164 100 -6.68 -45 -52 -48
Accumulated Other Comprehensive Income / (Loss)
-0.94 -4.52 -2.30 0.07 0.68 0.11 -0.14 - - -

Quarterly Balance Sheets for Paylocity

This table presents Paylocity's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2025 Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 3/31/2024 12/31/2023 9/30/2023 3/31/2023 12/31/2022 9/30/2022 3/31/2022
Total Assets
5,168 5,294 4,025 4,953 4,493 3,647 4,194 3,938 3,095 5,079
Total Current Assets
4,103 4,237 3,296 4,247 3,807 2,983 3,566 3,309 2,480 4,517
Cash & Equivalents
478 482 779 493 367 305 234 120 65 96
Restricted Cash
3,430 3,542 2,340 3,591 3,272 2,528 3,202 3,066 2,299 4,325
Accounts Receivable
44 43 34 34 32 30 27 25 22 18
Prepaid Expenses
40 63 41 36 49 37 29 30 29 23
Other Current Assets
112 107 102 92 87 82 74 69 64 55
Plant, Property, & Equipment, net
54 56 58 61 63 63 60 60 61 64
Total Noncurrent Assets
1,011 1,001 671 646 623 601 567 569 555 498
Goodwill
343 343 109 109 110 102 102 102 102 102
Intangible Assets
227 228 148 142 136 128 116 111 109 106
Noncurrent Deferred & Refundable Income Taxes
18 20 17 19 17 16 18 41 43 22
Other Noncurrent Operating Assets
423 410 397 377 361 355 332 316 300 268
Total Liabilities & Shareholders' Equity
5,168 5,294 4,025 4,953 4,493 3,647 4,194 3,938 3,095 5,079
Total Liabilities
3,959 4,122 2,919 3,854 3,506 2,754 3,425 3,260 2,484 4,514
Total Current Liabilities
3,625 3,706 2,501 3,765 3,423 2,672 3,355 3,189 2,412 4,438
Accounts Payable
8.72 5.46 16 5.18 7.97 8.75 7.97 7.61 6.24 5.05
Accrued Expenses
194 162 156 171 147 132 144 116 106 109
Other Current Liabilities
3,423 3,538 2,329 3,589 3,268 2,532 3,202 3,066 2,299 4,325
Total Noncurrent Liabilities
334 416 418 88 83 82 70 71 73 75
Long-Term Debt
244 325 325 - - - - - - -
Noncurrent Deferred & Payable Income Tax Liabilities
34 36 41 34 28 18 2.22 2.22 2.22 1.78
Other Noncurrent Operating Liabilities
57 55 52 55 55 64 68 69 70 74
Total Equity & Noncontrolling Interests
1,209 1,172 1,106 1,099 987 893 769 678 611 565
Total Preferred & Common Equity
1,209 1,172 1,106 1,099 987 893 769 678 611 565
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,209 1,172 1,106 1,099 987 893 769 678 611 565
Common Stock
353 411 377 475 447 396 342 310 259 256
Retained Earnings
852 760 723 625 539 501 429 372 356 311
Accumulated Other Comprehensive Income / (Loss)
3.71 0.22 5.88 -0.69 0.53 -4.40 -2.24 -4.16 -4.68 -1.56

Annual Metrics And Ratios for Paylocity

This table displays calculated financial ratios and metrics derived from Paylocity's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 6/30/2024 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019 6/30/2018 6/30/2017 6/30/2016 6/30/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
19.40% 37.76% 33.32% 13.93% 20.04% 23.87% 25.84% 30.04% 51.08% 40.49%
EBITDA Growth
63.06% 59.52% 33.40% -2.67% 14.35% 94.32% 63.79% 178.42% 293.97% -913.10%
EBIT Growth
74.65% 89.74% 46.39% -14.92% 15.63% 246.52% 127.32% 300.57% 73.51% -102.29%
NOPAT Growth
41.05% 49.83% 27.61% 13.28% 21.89% 41.86% 452.51% 367.66% 74.50% -98.36%
Net Income Growth
46.83% 55.13% 28.18% 9.87% 19.75% 39.45% 474.55% 274.45% 72.44% -96.51%
EPS Growth
45.78% 54.66% 27.78% 9.57% 18.56% 38.57% 483.33% 250.00% 71.43% -7.69%
Operating Cash Flow Growth
36.06% 82.34% 24.19% 10.83% -2.07% 17.54% 57.90% 87.86% 197.10% 54.26%
Free Cash Flow Firm Growth
134.19% -161.85% 379.19% 780.05% -143.38% -48.22% 195.88% -147.18% 325.61% -62.83%
Invested Capital Growth
-12.26% 41.17% -135.92% -33.01% 10.29% -8.48% -28.10% 25.55% -113.59% -39.49%
Revenue Q/Q Growth
3.61% 7.54% 6.86% 6.81% 1.85% 5.35% 5.76% 5.72% 9.41% 8.04%
EBITDA Q/Q Growth
6.69% 19.02% 10.13% 4.09% -2.43% 18.45% 2.89% 18.16% 6.76% 31.64%
EBIT Q/Q Growth
6.34% 26.61% 13.01% 5.42% -5.37% 33.92% -8.07% 37.79% -36.78% 11.84%
NOPAT Q/Q Growth
5.09% 16.66% 3.71% 10.45% -6.44% 28.46% 4.32% 21.39% -27.97% 12.79%
Net Income Q/Q Growth
5.92% 18.62% 3.73% 10.85% -7.59% 28.06% 6.31% 30.45% -34.27% 14.00%
EPS Q/Q Growth
5.83% 18.01% 3.21% 12.50% -8.00% 27.63% 6.06% 50.00% -60.00% 24.32%
Operating Cash Flow Q/Q Growth
0.87% 10.54% 7.32% 11.85% -8.16% 6.83% 11.23% 31.14% 10.08% 19.11%
Free Cash Flow Firm Q/Q Growth
-10.81% -22.32% -2.23% 42.79% -329.89% -56.37% 59.06% -15.70% -5.19% 0.00%
Invested Capital Q/Q Growth
22.24% 22.50% 8.86% 16.30% 27.07% 20.75% 9.57% 20.22% 13.33% 21.10%
Profitability Metrics
- - - - - - - - - -
Gross Margin
68.50% 68.75% 66.34% 65.10% 67.58% 67.10% 60.48% 58.67% 57.48% 53.57%
EBITDA Margin
24.89% 18.22% 15.74% 15.73% 18.41% 19.33% 12.32% 9.47% 4.42% -3.44%
Operating Margin
18.54% 13.20% 9.92% 9.08% 11.79% 12.02% 4.22% 2.43% -1.54% -9.12%
EBIT Margin
19.75% 13.50% 9.80% 8.93% 11.96% 12.41% 4.44% 2.46% -1.59% -9.08%
Profit (Net Income) Margin
14.74% 11.99% 10.65% 11.07% 11.48% 11.51% 10.22% 2.24% -1.67% -9.15%
Tax Burden Percent
74.64% 88.78% 108.59% 124.02% 96.03% 92.72% 230.42% 91.17% 104.82% 100.76%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
25.36% 11.22% -8.59% -24.02% 3.97% 7.28% -130.42% 8.83% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
22.04% 19.34% 16.65% 16.28% 18.39% 20.67% 21.42% 5.03% -3.39% -14.06%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
6.98% 3.73% 2.31% 2.60% 3.54% 3.51% 1.27% 0.58% -0.35% -2.22%
Return on Assets (ROA)
5.21% 3.31% 2.51% 3.22% 3.40% 3.25% 2.92% 0.53% -0.36% -2.24%
Return on Common Equity (ROCE)
22.04% 19.34% 16.65% 16.28% 18.39% 20.67% 21.42% 5.03% -3.39% -14.06%
Return on Equity Simple (ROE_SIMPLE)
20.01% 16.71% 14.80% 14.85% 16.40% 17.48% 18.14% 4.55% -3.22% -12.99%
Net Operating Profit after Tax (NOPAT)
194 138 92 72 64 52 37 6.65 -2.49 -9.74
NOPAT Margin
13.84% 11.72% 10.77% 11.26% 11.32% 11.15% 9.73% 2.22% -1.08% -6.38%
Net Nonoperating Expense Percent (NNEP)
0.40% 0.09% -0.04% -0.07% 0.06% 0.12% 0.15% 0.01% -0.14% -0.72%
Cost of Revenue to Revenue
31.50% 31.25% 33.66% 34.29% 32.42% 32.90% 39.52% 41.33% 42.52% 46.43%
SG&A Expenses to Revenue
13.36% 16.33% 19.20% 18.73% 18.75% 20.24% 20.99% 20.71% 20.63% 21.50%
R&D to Revenue
12.72% 13.96% 12.07% 11.99% 11.18% 10.76% 9.97% 9.70% 11.59% 13.01%
Operating Expenses to Revenue
49.96% 55.55% 56.42% 56.02% 55.79% 55.08% 56.26% 56.24% 59.02% 62.69%
Earnings before Interest and Taxes (EBIT)
277 159 84 57 67 58 17 7.37 -3.67 -14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
349 214 134 101 103 90 47 28 10 -5.26
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
7.20 12.22 15.67 21.79 19.93 16.14 14.56 15.77 18.43 16.87
Price to Tangible Book Value (P/TBV)
9.55 16.61 23.80 26.98 24.37 19.11 18.32 20.18 24.03 22.06
Price to Revenue (P/Rev)
5.31 8.77 11.28 16.25 13.95 10.63 8.21 7.76 9.55 11.89
Price to Earnings (P/E)
35.98 73.14 105.92 146.78 121.52 92.34 80.29 346.42 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
2.78% 1.37% 0.94% 0.68% 0.82% 1.08% 1.25% 0.29% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
2.91 6.29 6.44 13.18 11.26 7.30 4.60 4.27 3.80 7.48
Enterprise Value to EBITDA (EV/EBITDA)
11.71 34.52 40.89 83.78 61.15 37.77 37.32 45.12 86.04 0.00
Enterprise Value to EBIT (EV/EBIT)
14.75 46.59 65.64 147.59 94.16 58.81 103.61 173.88 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
21.05 53.69 59.74 117.09 99.45 65.48 47.23 192.64 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
10.62 26.14 35.39 67.51 56.10 29.68 17.73 20.67 26.60 102.87
Enterprise Value to Free Cash Flow (EV/FCFF)
9.13 0.00 2.59 19.08 0.00 22.80 6.00 0.00 1.37 7.61
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.25 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.25 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-3.34 -4.83 -5.59 -4.00 -4.38 -5.61 -6.68 -8.88 -8.80 -5.88
Leverage Ratio
4.23 5.84 6.63 5.06 5.41 6.36 7.34 9.46 9.29 6.28
Compound Leverage Factor
4.23 5.84 6.63 5.06 5.41 6.36 7.34 9.46 9.29 6.28
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 20.29% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 20.29% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 79.71% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.97 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 -14.64 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.97 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 1.57 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 -23.81 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 1.57 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
2.27 2.89 1.73 3.78 3.61 2.53 1.80 1.73 1.20 1.95
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.13 1.10 1.03 1.09 1.18 1.10 1.08 1.09 1.05 1.11
Quick Ratio
0.14 0.11 0.04 0.11 0.21 0.11 0.11 0.11 0.07 0.14
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
448 -1,309 2,116 442 -65 150 289 -302 639 150
Operating Cash Flow to CapEx
488.45% 422.52% 294.87% 328.08% 266.37% 366.09% 262.28% 177.19% 134.81% 83.91%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.35 0.28 0.24 0.29 0.30 0.28 0.29 0.24 0.22 0.24
Accounts Receivable Turnover
48.29 57.52 77.44 114.30 120.96 119.74 137.46 161.25 165.02 163.23
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
22.49 18.51 13.90 10.11 8.21 7.08 7.35 8.88 10.77 10.46
Accounts Payable Turnover
59.73 50.53 45.54 73.28 63.76 44.31 59.25 67.62 66.54 40.98
Days Sales Outstanding (DSO)
7.56 6.35 4.71 3.19 3.02 3.05 2.66 2.26 2.21 2.24
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
6.11 7.22 8.01 4.98 5.72 8.24 6.16 5.40 5.49 8.91
Cash Conversion Cycle (CCC)
1.45 -0.88 -3.30 -1.79 -2.71 -5.19 -3.50 -3.13 -3.27 -6.67
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-2,321 -2,067 -3,514 -1,489 -1,120 -1,248 -1,151 -898 -1,207 -565
Invested Capital Turnover
-0.64 -0.42 -0.34 -0.49 -0.47 -0.39 -0.37 -0.29 -0.26 -0.31
Increase / (Decrease) in Invested Capital
-253 1,447 -2,025 -370 128 -98 -252 308 -642 -160
Enterprise Value (EV)
4,087 7,389 5,487 8,428 6,320 3,414 1,736 1,281 878 1,142
Market Capitalization
7,440 10,299 9,615 10,395 7,832 4,970 3,099 2,327 2,204 1,815
Book Value per Share
$18.31 $15.10 $11.13 $8.75 $7.32 $5.81 $4.04 $2.87 $2.34 $2.13
Tangible Book Value per Share
$13.81 $11.11 $7.33 $7.07 $5.99 $4.91 $3.21 $2.24 $1.80 $1.63
Total Capital
1,033 843 613 477 493 308 213 148 120 108
Total Debt
0.00 0.00 0.00 0.00 100 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 100 0.00 0.00 0.00 0.00 0.00
Net Debt
-3,354 -2,910 -4,128 -1,966 -1,513 -1,556 -1,364 -1,046 -1,326 -672
Capital Expenditures (CapEx)
79 67 53 38 42 31 37 35 24 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-2,947 -2,637 -4,016 -1,801 -1,358 -1,416 -1,256 -958 -1,257 -603
Debt-free Net Working Capital (DFNWC)
407 274 111 166 254 140 107 88 69 69
Net Working Capital (NWC)
407 274 111 166 254 140 107 88 69 69
Net Nonoperating Expense (NNE)
-13 -3.19 1.08 1.16 -0.91 -1.69 -1.85 -0.07 1.37 4.23
Net Nonoperating Obligations (NNO)
-3,354 -2,910 -4,128 -1,966 -1,513 -1,556 -1,364 -1,046 -1,326 -672
Total Depreciation and Amortization (D&A)
72 55 51 43 36 32 30 21 14 8.61
Debt-free, Cash-free Net Working Capital to Revenue
-210.10% -224.46% -471.05% -281.54% -242.01% -302.83% -332.73% -319.29% -544.92% -395.02%
Debt-free Net Working Capital to Revenue
29.03% 23.30% 13.04% 25.94% 45.29% 29.97% 28.45% 29.35% 29.90% 45.38%
Net Working Capital to Revenue
29.03% 23.30% 13.04% 25.94% 45.29% 29.97% 28.45% 29.35% 29.90% 45.38%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.68 $2.53 $1.65 $1.30 $1.20 $1.02 $0.74 $0.13 ($0.08) ($0.28)
Adjusted Weighted Average Basic Shares Outstanding
56.21M 55.71M 55.04M 54.32M 53.55M 52.91M 52.43M 51.42M 50.91M 50.13M
Adjusted Diluted Earnings per Share
$3.63 $2.49 $1.61 $1.26 $1.15 $0.97 $0.70 $0.12 ($0.08) ($0.28)
Adjusted Weighted Average Diluted Shares Outstanding
56.98M 56.60M 56.45M 56.31M 55.81M 55.41M 54.89M 54.06M 50.91M 50.13M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
55.57M 55.92M 55.28M 54.60M 53.81M 53.08M 52.77M 51.75M 51.16M 50.71M
Normalized Net Operating Profit after Tax (NOPAT)
194 138 59 41 64 52 11 6.65 -2.49 -9.74
Normalized NOPAT Margin
13.84% 11.72% 6.94% 6.35% 11.32% 11.15% 2.96% 2.22% -1.08% -6.38%
Pre Tax Income Margin
19.75% 13.50% 9.80% 8.93% 11.96% 12.41% 4.44% 2.46% -1.59% -9.08%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
72.55% 0.00% 0.00% 0.00% 0.00% 65.01% 0.00% 0.00% 0.00% -0.54%

Quarterly Metrics And Ratios for Paylocity

This table displays calculated financial ratios and metrics derived from Paylocity's official financial filings.

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
13.27% 15.51% 14.29% 15.83% 18.07% 19.54% 25.39% 36.44% 37.61% 38.56% 38.73%
EBITDA Growth
17.16% 1.79% 49.27% 32.90% 36.23% 122.42% 194.17% 105.82% 58.19% 58.66% -5.31%
EBIT Growth
14.42% -12.50% 55.10% 31.77% 35.69% 193.94% 541.26% 178.97% 73.19% 134.39% -31.66%
NOPAT Growth
12.01% 5.37% 44.20% 26.76% 44.30% 126.92% 3.04% 131.14% 61.96% 51.13% -0.71%
Net Income Growth
7.23% -1.71% 43.62% 31.04% 48.07% 144.33% 13.72% 145.97% 65.34% 58.33% -1.88%
EPS Growth
7.33% -1.49% 44.26% 30.77% 47.06% 139.29% 12.96% 140.74% 64.52% 64.71% -1.82%
Operating Cash Flow Growth
11.03% -27.80% 47.17% 4.33% 31.55% 20.36% 279.22% 54.28% 62.15% 101.26% 496.59%
Free Cash Flow Firm Growth
-209.71% -148.87% -194.45% 121.14% 135.27% -82.53% 121.82% -169.19% -153.59% 343.96% -159.43%
Invested Capital Growth
17.75% 4.71% 13.02% -12.26% -11.89% -5.74% -10.64% 41.17% 30.82% -67.48% 37.07%
Revenue Q/Q Growth
20.58% 3.86% 1.59% -10.96% 22.96% 2.76% 2.96% -9.24% 24.49% 7.79% 12.04%
EBITDA Q/Q Growth
111.76% -19.96% 1.51% -31.91% 84.16% 17.38% -9.62% -30.20% 200.39% 55.24% -36.76%
EBIT Q/Q Growth
170.34% -32.04% 0.59% -38.09% 106.73% 20.47% -14.54% -36.25% 347.82% 162.82% -62.82%
NOPAT Q/Q Growth
146.10% -19.17% 2.93% -45.30% 131.52% 10.62% -9.52% -37.73% 264.07% -49.77% 102.97%
Net Income Q/Q Growth
144.18% -24.42% 1.54% -42.78% 123.83% 10.43% -7.35% -35.34% 269.33% -48.60% 100.40%
EPS Q/Q Growth
143.94% -25.00% 3.53% -43.33% 123.88% 9.84% -6.15% -36.27% 264.29% -48.15% 100.00%
Operating Cash Flow Q/Q Growth
243.17% -40.73% 14.42% -52.29% 123.16% 20.80% -18.89% -39.84% 104.18% 280.61% -67.00%
Free Cash Flow Firm Q/Q Growth
-399.67% 57.57% -169.23% -25.25% 122.59% -18.01% 115.49% -24.74% -210.26% 202.37% -149.14%
Invested Capital Q/Q Growth
2.85% -49.70% 27.26% 22.24% -12.54% -36.64% 6.12% 22.50% -6.35% -42.98% 50.08%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
71.43% 66.96% 68.33% 67.29% 71.10% 67.09% 68.05% 68.65% 71.84% 67.01% 66.62%
EBITDA Margin
33.48% 19.06% 24.73% 24.75% 32.37% 21.63% 18.94% 21.57% 28.05% 11.63% 8.07%
Operating Margin
27.95% 12.37% 17.67% 17.61% 26.49% 15.23% 12.97% 16.00% 23.65% 6.67% 2.80%
EBIT Margin
27.84% 12.42% 18.98% 19.17% 27.57% 16.39% 13.98% 16.85% 23.99% 6.67% 2.73%
Profit (Net Income) Margin
20.13% 9.94% 13.66% 13.66% 21.26% 11.68% 10.87% 12.08% 16.95% 5.71% 11.98%
Tax Burden Percent
72.28% 80.03% 71.96% 71.29% 77.13% 71.24% 77.72% 71.69% 70.68% 85.70% 438.23%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
27.72% 19.97% 28.04% 28.71% 22.87% 28.76% 22.28% 28.32% 29.32% 14.30% -338.23%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
19.70% 20.49% 22.20% 22.04% 20.90% 20.13% 19.29% 19.34% 17.80% 16.20% 16.73%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
8.54% 3.80% 7.16% 6.77% 8.16% 5.03% 5.14% 4.65% 5.65% 2.04% 0.73%
Return on Assets (ROA)
6.17% 3.04% 5.16% 4.83% 6.29% 3.58% 3.99% 3.34% 3.99% 1.75% 3.20%
Return on Common Equity (ROCE)
19.70% 20.49% 22.20% 22.04% 20.90% 20.13% 19.29% 19.34% 17.80% 16.20% 16.73%
Return on Equity Simple (ROE_SIMPLE)
18.81% 18.87% 20.06% 0.00% 17.76% 16.97% 16.24% 0.00% 15.44% 14.16% 14.77%
Net Operating Profit after Tax (NOPAT)
92 37 46 45 82 35 32 35 57 16 31
NOPAT Margin
20.20% 9.90% 12.72% 12.55% 20.43% 10.85% 10.08% 11.47% 16.72% 5.72% 12.27%
Net Nonoperating Expense Percent (NNEP)
-0.01% 0.00% 0.12% 0.13% 0.09% 0.08% 0.10% 0.05% 0.02% 0.00% -0.03%
Return On Investment Capital (ROIC_SIMPLE)
6.32% 2.49% - - - 3.59% - - - - -
Cost of Revenue to Revenue
28.57% 33.04% 31.67% 32.71% 28.90% 32.91% 31.95% 31.35% 28.16% 32.99% 33.38%
SG&A Expenses to Revenue
11.99% 14.99% 13.27% 12.67% 12.18% 13.28% 15.72% 14.90% 13.94% 17.58% 19.94%
R&D to Revenue
11.31% 14.90% 13.02% 12.37% 10.81% 14.14% 14.05% 13.15% 12.45% 15.03% 15.83%
Operating Expenses to Revenue
43.49% 54.59% 50.65% 49.68% 44.61% 51.86% 55.08% 52.65% 48.19% 60.34% 63.82%
Earnings before Interest and Taxes (EBIT)
127 47 69 68 111 54 44 52 82 18 6.93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
152 72 90 88 130 71 60 67 95 32 20
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
8.66 9.49 8.29 7.20 8.81 9.38 11.38 12.22 14.42 15.96 21.86
Price to Tangible Book Value (P/TBV)
16.40 18.49 10.79 9.55 11.40 12.49 15.32 16.61 20.11 23.27 33.44
Price to Revenue (P/Rev)
6.75 7.42 6.33 5.31 7.15 7.17 8.20 8.77 10.15 10.82 14.46
Price to Earnings (P/E)
46.05 50.28 41.33 35.98 49.60 55.29 70.08 73.14 92.43 112.72 148.05
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
2.17% 1.99% 2.42% 2.78% 2.02% 1.81% 1.43% 1.37% 1.08% 0.89% 0.68%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
4.39 4.95 4.40 2.91 4.13 4.35 5.91 6.29 7.00 7.63 11.90
Enterprise Value to EBITDA (EV/EBITDA)
16.92 19.53 16.83 11.71 17.11 19.21 28.88 34.52 42.53 52.70 82.59
Enterprise Value to EBIT (EV/EBIT)
21.90 25.17 21.14 14.75 21.49 24.30 37.37 46.59 61.06 84.00 136.70
Enterprise Value to NOPAT (EV/NOPAT)
30.94 35.33 30.60 21.05 30.30 35.20 52.40 53.69 64.84 78.93 120.27
Enterprise Value to Operating Cash Flow (EV/OCF)
16.54 18.88 15.39 10.62 14.68 16.48 22.31 26.14 29.91 36.87 62.59
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 87.19 0.00 9.13 11.15 18.52 22.44 0.00 0.00 6.89 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.20 0.28 0.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.20 0.28 0.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-3.36 -3.40 -2.82 -3.34 -4.03 -4.10 -3.46 -4.83 -5.89 -4.38 -5.21
Leverage Ratio
4.38 4.53 3.84 4.23 4.90 5.06 4.48 5.84 6.95 5.51 6.40
Compound Leverage Factor
4.38 4.53 3.84 4.23 4.90 5.06 4.48 5.84 6.95 5.51 6.40
Debt to Total Capital
16.78% 21.71% 22.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
16.78% 21.71% 22.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
83.22% 78.29% 77.29% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.61 0.86 0.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
-9.11 -9.74 -7.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.61 0.86 0.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
1.11 1.55 1.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
-16.65 -17.61 -13.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
1.11 1.55 1.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
2.31 2.25 2.79 2.11 2.15 2.18 2.89 2.80 2.47 2.43 3.72
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.13 1.14 1.32 1.13 1.13 1.11 1.12 1.10 1.06 1.04 1.03
Quick Ratio
0.14 0.14 0.33 0.14 0.14 0.12 0.13 0.11 0.08 0.05 0.04
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-438 -88 -207 298 399 179 219 -1,411 -1,131 1,026 -1,002
Operating Cash Flow to CapEx
1,017.68% 312.00% 521.47% 354.43% 814.15% 417.57% 352.14% 279.43% 972.73% 479.66% 122.29%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.31 0.31 0.38 0.35 0.30 0.31 0.37 0.28 0.24 0.31 0.27
Accounts Receivable Turnover
40.13 39.46 44.95 48.29 44.26 45.33 47.99 57.52 48.28 58.15 62.36
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
27.06 25.17 23.88 22.49 22.40 21.07 19.94 18.51 17.61 16.39 14.99
Accounts Payable Turnover
69.96 70.31 36.73 59.73 64.12 51.50 51.25 50.53 53.42 46.10 46.91
Days Sales Outstanding (DSO)
9.10 9.25 8.12 7.56 8.25 8.05 7.61 6.35 7.56 6.28 5.85
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
5.22 5.19 9.94 6.11 5.69 7.09 7.12 7.22 6.83 7.92 7.78
Cash Conversion Cycle (CCC)
3.88 4.06 -1.82 1.45 2.55 0.96 0.48 -0.88 0.73 -1.64 -1.93
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
-2,455 -2,527 -1,688 -2,321 -2,984 -2,652 -1,941 -2,067 -2,667 -2,508 -1,754
Invested Capital Turnover
-0.57 -0.58 -0.80 -0.64 -0.48 -0.50 -0.67 -0.42 -0.33 -0.50 -0.41
Increase / (Decrease) in Invested Capital
530 125 253 -253 -317 -144 -187 1,447 1,188 -1,011 1,033
Enterprise Value (EV)
6,806 7,421 6,373 4,087 5,597 5,622 7,327 7,389 7,650 7,629 10,989
Market Capitalization
10,470 11,120 9,167 7,440 9,681 9,261 10,161 10,299 11,086 10,815 13,354
Book Value per Share
$21.63 $21.03 $19.90 $18.31 $19.52 $17.57 $15.96 $15.10 $13.78 $12.17 $11.05
Tangible Book Value per Share
$11.43 $10.79 $15.29 $13.81 $15.08 $13.20 $11.86 $11.11 $9.88 $8.35 $7.23
Total Capital
1,452 1,497 1,431 1,033 1,099 987 893 843 769 678 611
Total Debt
244 325 325 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
244 325 325 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-3,664 -3,699 -2,794 -3,354 -4,084 -3,639 -2,833 -2,910 -3,436 -3,186 -2,365
Capital Expenditures (CapEx)
18 17 18 23 21 18 18 27 13 13 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-3,429 -3,492 -2,323 -2,947 -3,603 -3,255 -2,523 -2,637 -3,225 -3,066 -2,297
Debt-free Net Working Capital (DFNWC)
478 532 796 407 481 384 311 274 211 120 68
Net Working Capital (NWC)
478 532 796 407 481 384 311 274 211 120 68
Net Nonoperating Expense (NNE)
0.34 -0.15 -3.41 -3.97 -3.34 -2.71 -2.51 -1.88 -0.81 0.00 0.71
Net Nonoperating Obligations (NNO)
-3,664 -3,699 -2,794 -3,354 -4,084 -3,639 -2,833 -2,910 -3,436 -3,186 -2,365
Total Depreciation and Amortization (D&A)
26 25 21 20 19 17 16 15 14 14 14
Debt-free, Cash-free Net Working Capital to Revenue
-220.99% -233.06% -160.47% -210.10% -266.13% -251.87% -203.62% -224.46% -295.25% -306.79% -248.75%
Debt-free Net Working Capital to Revenue
30.80% 35.48% 54.95% 29.03% 35.56% 29.70% 25.08% 23.30% 19.35% 12.00% 7.37%
Net Working Capital to Revenue
30.80% 35.48% 54.95% 29.03% 35.56% 29.70% 25.08% 23.30% 19.35% 12.00% 7.37%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.64 $0.67 $0.89 $0.87 $1.51 $0.68 $0.62 $0.67 $1.03 $0.28 $0.55
Adjusted Weighted Average Basic Shares Outstanding
55.81M 55.83M 55.64M 56.21M 56.37M 56.24M 56.04M 55.71M 55.79M 55.72M 55.45M
Adjusted Diluted Earnings per Share
$1.61 $0.66 $0.88 $0.85 $1.50 $0.67 $0.61 $0.65 $1.02 $0.28 $0.54
Adjusted Weighted Average Diluted Shares Outstanding
56.78M 56.74M 56.27M 56.98M 57.05M 56.86M 56.88M 56.60M 56.56M 56.47M 56.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
55.23M 55.89M 55.75M 55.57M 56.43M 56.33M 56.18M 55.92M 55.81M 55.77M 55.67M
Normalized Net Operating Profit after Tax (NOPAT)
92 37 46 45 82 35 32 35 57 16 4.96
Normalized NOPAT Margin
20.20% 9.90% 12.72% 12.55% 20.43% 10.85% 10.08% 11.47% 16.72% 5.72% 1.96%
Pre Tax Income Margin
27.84% 12.42% 18.98% 19.17% 27.57% 16.39% 13.98% 16.85% 23.99% 6.67% 2.73%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
106.04% 71.62% 0.00% 72.55% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Paylocity's Financials

When does Paylocity's fiscal year end?

According to the most recent income statement we have on file, Paylocity's financial year ends in June. Their financial year 2024 ended on June 30, 2024.

How has Paylocity's net income changed over the last 9 years?

Paylocity's net income appears to be on an upward trend, with a most recent value of $206.77 million in 2024, falling from -$13.97 million in 2015. The previous period was $140.82 million in 2023. Find out what analysts predict for Paylocity in the coming months.

What is Paylocity's operating income?
Paylocity's total operating income in 2024 was $260.09 million, based on the following breakdown:
  • Total Gross Profit: $960.79 million
  • Total Operating Expenses: $700.69 million
How has Paylocity revenue changed over the last 9 years?

Over the last 9 years, Paylocity's total revenue changed from $152.70 million in 2015 to $1.40 billion in 2024, a change of 818.5%.

How much debt does Paylocity have?

Paylocity's total liabilities were at $3.21 billion at the end of 2024, a 12.6% increase from 2023, and a 424.1% increase since 2015.

How much cash does Paylocity have?

In the past 9 years, Paylocity's cash and equivalents has ranged from $81.26 million in 2015 to $401.81 million in 2024, and is currently $401.81 million as of their latest financial filing in 2024.

How has Paylocity's book value per share changed over the last 9 years?

Over the last 9 years, Paylocity's book value per share changed from 2.13 in 2015 to 18.31 in 2024, a change of 761.4%.



This page (NASDAQ:PCTY) was last updated on 5/28/2025 by MarketBeat.com Staff
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