Paycom Software (PAYC) Financials

$260.22 +0.29 (+0.11%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for Paycom Software

This table shows Paycom Software'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	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	502	341	281	196	143	181	137	123	70	21
Consolidated Net Income / (Loss)	502	341	281	196	143	181	137	123	70	21
Net Income / (Loss) Continuing Operations	502	341	281	196	143	181	137	123	70	21
Total Pre-Tax Income	649	472	390	256	186	226	175	128	101	34
Total Operating Income	634	451	379	254	186	226	174	130	102	34
Total Gross Profit	1,549	1,417	1,163	894	718	628	476	361	275	189
Total Revenue	1,883	1,694	1,375	1,056	841	738	566	433	329	225
Operating Revenue	1,883	1,694	1,375	1,056	841	738	566	433	329	220
Total Cost of Revenue	335	276	213	162	124	110	91	72	54	35
Operating Cost of Revenue	335	276	213	162	124	110	91	72	54	35
Total Operating Expenses	914	966	784	640	532	402	302	231	173	155
Selling, General & Admin Expense	159	288	239	210	178	128	97	80	59	48
Marketing Expense	434	418	347	276	236	179	144	111	85	93
Research & Development Expense	243	199	148	118	90	73	46	30	21	8.63
Depreciation Expense	79	61	50	36	28	22	15	9.81	7.83	5.74
Total Other Income / (Expense), net	15	21	11	2.40	-0.19	-0.14	1.00	-1.98	-0.73	-0.91
Interest Expense	3.40	1.90	2.50	0.00	0.02	0.94	0.77	0.91	1.04	1.43
Other Income / (Expense), net	18	23	13	2.40	-0.17	0.80	1.76	-1.07	0.31	0.52
Income Tax Expense	147	132	108	60	42	46	38	4.25	31	13
Basic Earnings per Share	$8.93	$5.91	$4.86	$3.39	$2.49	$3.14	$2.37	$2.13	$1.21	$0.37
Weighted Average Basic Shares Outstanding	56.21M	57.71M	57.93M	57.89M	57.62M	57.56M	57.71M	57.84M	57.55M	56.50M
Diluted Earnings per Share	$8.92	$5.88	$4.84	$3.37	$2.46	$3.09	$2.34	$2.10	$1.19	$0.36
Weighted Average Diluted Shares Outstanding	56.30M	57.97M	58.18M	58.19M	58.29M	58.40M	58.58M	58.79M	58.97M	57.92M
Weighted Average Basic & Diluted Shares Outstanding	57.26M	57.55M	60.32M	60.21M	60.19M	58.85M	57.80M	126M	36.20M	56.60M
Cash Dividends to Common per Share	$0.38	$0.38	-	-	-	-	-	-	-	-

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
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	139	114	73	68	247	82	75	65	119	80	52
Consolidated Net Income / (Loss)	139	114	73	68	247	82	75	65	119	80	52
Net Income / (Loss) Continuing Operations	139	114	73	68	247	82	75	65	119	80	52
Total Pre-Tax Income	190	152	108	99	290	112	102	93	166	114	75
Total Operating Income	185	148	105	95	286	107	97	87	160	106	74
Total Gross Profit	446	410	364	354	421	360	337	334	386	312	279
Total Revenue	531	494	452	438	500	435	406	401	452	371	334
Operating Revenue	531	494	452	438	500	435	406	401	452	371	334
Total Cost of Revenue	85	84	88	84	79	75	69	67	65	59	55
Operating Cost of Revenue	85	84	88	84	79	75	69	67	65	59	55
Total Operating Expenses	261	262	259	258	135	253	240	246	226	206	205
Selling, General & Admin Expense	66	66	71	70	-48	75	72	76	66	60	61
Marketing Expense	111	108	104	107	116	106	101	106	104	93	91
Research & Development Expense	62	67	63	62	51	55	52	49	43	40	40
Depreciation Expense	22	21	21	19	18	17	16	15	14	13	13
Total Other Income / (Expense), net	5.20	3.03	3.44	4.01	4.23	5.21	5.14	5.58	5.17	8.16	1.02
Interest Expense	0.80	1.05	0.79	0.78	0.78	0.24	0.22	0.60	0.84	0.91	1.02
Other Income / (Expense), net	6.00	4.08	4.23	4.79	5.01	5.45	5.36	6.18	6.00	9.07	2.04
Income Tax Expense	51	38	35	31	43	30	27	28	46	34	23
Basic Earnings per Share	$2.49	$2.05	$1.31	$1.20	$4.37	$1.44	$1.30	$1.11	$2.06	$1.39	$0.90
Weighted Average Basic Shares Outstanding	55.97M	56.21M	55.93M	56.45M	56.55M	57.71M	57.83M	57.92M	57.87M	57.93M	57.87M
Diluted Earnings per Share	$2.48	$2.04	$1.31	$1.20	$4.37	$1.41	$1.30	$1.11	$2.06	$1.37	$0.90
Weighted Average Diluted Shares Outstanding	56.28M	56.30M	55.96M	56.77M	56.55M	57.97M	57.97M	58.03M	57.99M	58.18M	58.03M
Weighted Average Basic & Diluted Shares Outstanding	57.82M	57.26M	57.66M	57.43M	58.11M	57.55M	60.23M	60.47M	60.29M	60.32M	60.02M
Cash Dividends to Common per Share	$0.38	-	$0.38	$0.38	$0.38	-	$0.38	$0.38	-	-	-

This table details how cash moves in and out of Paycom Software'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	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	1,620	14	596	227	-57	655	-112	291	9.44	26
Net Cash From Operating Activities	534	485	365	319	227	224	185	130	99	43
Net Cash From Continuing Operating Activities	534	484	365	319	227	224	185	130	99	43
Net Income / (Loss) Continuing Operations	502	341	281	196	143	181	137	123	70	21
Consolidated Net Income / (Loss)	502	341	281	196	143	181	137	123	70	21
Depreciation Expense	146	114	93	67	53	42	30	19	14	9.42
Amortization Expense	1.00	0.70	-0.20	-0.42	-1.53	-0.91	-1.08	-0.33	-0.01	0.16
Non-Cash Adjustments To Reconcile Net Income	-19	133	101	97	93	50	37	39	21	3.23
Changes in Operating Assets and Liabilities, net	-96	-104	-110	-41	-61	-48	-18	-52	-5.88	9.22
Net Cash From Investing Activities	-22	-197	-23	-258	-118	-220	-49	16	-205	-52
Net Cash From Continuing Investing Activities	-22	-197	-23	-258	-118	-220	-49	16	-205	-52
Purchase of Property, Plant & Equipment	-193	-193	-133	-121	-94	-93	-60	-59	-44	-17
Acquisitions	-4.40	-4.20	-4.10	-5.50	0.00	0.00	-	-	-	-
Purchase of Investments	-25	-25	-269	-399	-333	-196	-145	-66	-114	-
Sale of Property, Plant & Equipment	0.00	0.10	0.00	0.00	-	-	-	-	0.30	0.00
Sale and/or Maturity of Investments	200	25	382	267	309	69	156	141	16	-
Net Cash From Financing Activities	1,108	-275	255	166	-166	651	-248	146	116	35
Net Cash From Continuing Financing Activities	1,108	-275	255	166	-166	651	-248	146	116	35
Repayment of Debt	0.00	-30	-36	-1.78	-1.78	-1.79	-0.95	-37	-1.04	-1.22
Repurchase of Common Equity	-123	-287	-95	0.00	-52	0.00	-105	-57	-36	0.00
Payment of Dividends	-85	-65	0.00	0.00	-	-	-	-	-	-
Issuance of Debt	0.00	0.00	29	0.00	0.00	-	-	41	5.00	0.00
Other Financing Activities, net	1,316	107	356	167	-112	652	-142	198	147	36
Cash Interest Paid	2.00	1.00	0.50	0.00	0.00	0.89	0.71	0.79	0.94	1.27
Cash Income Taxes Paid	137	140	101	33	28	25	14	18	9.32	19

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
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	-1,650	2,302	-874	-375	567	236	-157	-354	288	591	-1,619
Net Cash From Operating Activities	183	160	93	132	149	134	99	106	146	128	68
Net Cash From Continuing Operating Activities	183	160	93	132	149	134	98	106	146	128	68
Net Income / (Loss) Continuing Operations	139	114	73	68	247	82	75	65	119	80	52
Consolidated Net Income / (Loss)	139	114	73	68	247	82	75	65	119	80	52
Depreciation Expense	40	40	38	36	32	31	29	28	26	25	24
Amortization Expense	-1.00	0.28	0.28	0.24	0.20	0.14	0.19	0.18	0.18	0.14	0.13
Non-Cash Adjustments To Reconcile Net Income	9.30	32	17	24	-93	34	35	36	28	30	33
Changes in Operating Assets and Liabilities, net	-5.10	-25	-36	3.81	-38	-12	-41	-22	-28	-6.91	-41
Net Cash From Investing Activities	-380	-56	-38	29	42	-61	-52	-43	-41	8.73	-9.52
Net Cash From Continuing Investing Activities	-380	-56	-38	29	42	-61	-52	-43	-41	8.73	-9.52
Purchase of Property, Plant & Equipment	-38	-51	-48	-46	-48	-57	-52	-43	-41	-41	-24
Purchase of Investments	-342	0.03	-25	-	0.00	-	-	-	-25	0.02	-35
Sale and/or Maturity of Investments	0.00	-	35	75	90	-	-	-	25	53	50
Net Cash From Financing Activities	-1,452	2,198	-929	-537	376	163	-203	-417	183	453	-1,677
Net Cash From Continuing Financing Activities	-1,452	2,198	-929	-537	376	163	-203	-417	183	453	-1,677
Payment of Dividends	-21	-21	-21	-21	-21	-21	-22	-22	0.00	-	-
Other Financing Activities, net	-1,431	2,219	-866	-435	397	425	-106	-396	183	453	-1,672

This table presents Paycom Software'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	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	5,860	4,198	3,903	3,215	2,608	2,487	1,522	1,550	1,079	877
Total Current Assets	4,305	2,813	2,764	2,252	1,865	1,871	1,065	1,176	926	761
Cash & Equivalents	402	294	401	278	152	134	46	46	60	51
Restricted Cash	3,666	2,327	2,203	1,847	1,613	1,663	968	1,089	858	697
Accounts Receivable	39	16	23	9.49	9.13	9.30	3.41	1.58	1.34	2.35
Inventories, net	1.40	1.40	1.61	1.13	1.15	1.16	0.80	0.98	0.68	1.09
Prepaid Expenses	44	38	34	24	18	14	7.66	4.98	4.48	3.53
Current Deferred & Refundable Income Taxes	12	18	5.58	16	10	4.02	3.96	7.05	0.69	6.74
Other Current Assets	140	118	96	77	61	47	35	26	-	-
Plant, Property, & Equipment, net	561	498	402	349	285	238	177	148	97	59
Total Noncurrent Assets	994	886	736	614	458	377	280	226	56	57
Goodwill	52	52	52	52	52	52	52	52	52	52
Intangible Assets	46	50	54	58	0.32	-	-	0.96	1.87	3.48
Other Noncurrent Operating Assets	896	784	630	504	406	325	228	173	1.22	1.29
Total Liabilities & Shareholders' Equity	5,860	4,198	3,903	3,215	2,608	2,487	1,522	1,550	1,079	877
Total Liabilities	4,284	2,895	2,720	2,321	1,952	1,960	1,187	1,269	962	778
Total Current Liabilities	3,907	2,535	2,377	1,990	1,718	1,754	1,029	1,140	899	728
Accounts Payable	24	14	16	5.77	6.79	5.05	6.29	6.49	3.74	4.90
Accrued Expenses	167	151	133	120	82	73	44	20	18	9.74
Current Deferred Revenue	30	23	20	16	14	11	8.98	6.98	5.23	3.73
Other Current Liabilities	3,686	2,347	2,208	1,847	1,613	1,663	968	1,089	858	697
Total Noncurrent Liabilities	377	360	343	331	234	207	158	129	63	51
Noncurrent Deferred Revenue	115	108	98	85	73	65	56	45	34	25
Noncurrent Deferred & Payable Income Tax Liabilities	150	144	141	146	113	91	70	49	-	0.64
Other Noncurrent Operating Liabilities	113	108	75	73	19	20	-	0.55	0.00	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,576	1,303	1,183	894	656	527	335	281	117	98
Total Preferred & Common Equity	1,576	1,303	1,183	894	656	527	335	281	117	98
Total Common Equity	1,576	1,303	1,183	894	656	527	335	281	117	98
Common Stock	725	725	577	466	359	258	204	162	96	72
Retained Earnings	1,888	1,470	1,197	916	720	576	396	259	70	27
Treasury Stock	-1,036	-891	-588	-488	-423	-308	-265	-140	-50	0.00
Accumulated Other Comprehensive Income / (Loss)	-0.60	-1.00	-3.70	0.00	-	-	-	-	-	-

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
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
Total Assets	4,573	5,860	3,493	4,313	4,733	4,198	3,856	3,951	4,242	3,903	3,315
Total Current Assets	2,989	4,305	1,978	2,846	3,296	2,813	2,563	2,708	3,055	2,764	2,228
Cash & Equivalents	521	402	326	346	371	294	484	537	506	401	317
Restricted Cash	2,241	3,666	1,440	2,303	2,728	2,327	1,899	2,002	2,388	2,203	1,749
Accounts Receivable	31	39	21	20	20	16	16	16	18	23	15
Inventories, net	1.40	1.40	1.33	1.42	1.81	1.40	0.84	0.87	0.89	1.61	1.47
Prepaid Expenses	49	44	46	47	51	38	41	43	40	34	40
Current Deferred & Refundable Income Taxes	0.00	12	10	0.00	0.00	18	11	1.94	0.00	5.58	15
Other Current Assets	146	140	134	129	124	118	112	107	102	96	91
Plant, Property, & Equipment, net	567	561	554	532	520	498	468	445	421	402	384
Total Noncurrent Assets	1,016	994	961	935	917	886	825	798	766	736	702
Goodwill	52	52	52	52	52	52	52	52	52	52	52
Intangible Assets	45	46	47	48	49	50	51	52	53	54	55
Other Noncurrent Operating Assets	919	896	862	834	816	784	722	694	661	630	595
Total Liabilities & Shareholders' Equity	4,573	5,860	3,493	4,313	4,733	4,198	3,856	3,951	4,242	3,903	3,315
Total Liabilities	2,855	4,284	2,028	2,886	3,295	2,895	2,435	2,545	2,907	2,720	2,238
Total Current Liabilities	2,482	3,907	1,660	2,527	2,942	2,535	2,070	2,187	2,565	2,377	1,898
Short-Term Debt	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Accounts Payable	9.10	24	35	15	21	14	6.89	8.49	10	16	10
Accrued Expenses	139	167	136	167	148	151	139	151	124	133	114
Current Deferred Revenue	30	30	29	31	28	23	23	21	21	20	20
Current Deferred & Payable Income Tax Liabilities	43	-	0.00	10	17	-	0.00	0.00	19	-	-
Other Current Liabilities	2,261	3,686	1,460	2,303	2,728	2,347	1,902	2,006	2,391	2,208	1,754
Total Noncurrent Liabilities	373	377	368	359	353	360	365	358	342	343	340
Long-Term Debt	0.00	-	0.00	0.00	0.00	-	29	29	29	29	29
Noncurrent Deferred Revenue	119	115	113	111	109	108	106	103	100	98	94
Noncurrent Deferred & Payable Income Tax Liabilities	144	150	140	136	133	144	145	143	140	141	139
Other Noncurrent Operating Liabilities	111	113	115	112	110	108	85	83	73	75	78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,717	1,576	1,465	1,427	1,438	1,303	1,421	1,407	1,334	1,183	1,076
Total Preferred & Common Equity	1,717	1,576	1,465	1,427	1,438	1,303	1,421	1,407	1,334	1,183	1,076
Total Common Equity	1,717	1,576	1,465	1,427	1,438	1,303	1,421	1,407	1,334	1,183	1,076
Common Stock	753	725	699	668	635	725	688	651	610	577	551
Retained Earnings	2,006	1,888	1,795	1,744	1,697	1,470	1,411	1,358	1,316	1,197	1,117
Treasury Stock	-1,042	-1,036	-1,029	-985	-894	-891	-676	-599	-589	-588	-588
Accumulated Other Comprehensive Income / (Loss)	-0.10	-0.60	-0.18	-0.31	-0.50	-1.00	-2.18	-2.99	-2.85	-3.70	-3.81

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.19%	23.16%	30.29%	25.44%	14.07%	30.25%	30.78%	31.57%	46.51%	48.85%
EBITDA Growth	35.73%	21.52%	50.14%	35.73%	-11.38%	31.50%	38.15%	27.70%	159.76%	82.38%
EBIT Growth	37.55%	20.96%	53.19%	37.65%	-18.09%	29.38%	36.41%	26.06%	191.97%	104.15%
NOPAT Growth	50.70%	19.03%	40.90%	35.19%	-20.53%	32.58%	8.68%	76.80%	229.69%	133.65%
Net Income Growth	47.30%	21.11%	43.60%	36.60%	-20.56%	31.74%	11.00%	75.35%	236.22%	269.86%
EPS Growth	51.70%	21.49%	43.62%	36.99%	-20.39%	32.05%	11.43%	76.47%	230.56%	227.27%
Operating Cash Flow Growth	10.08%	32.84%	14.32%	40.56%	1.31%	21.34%	42.00%	31.71%	129.96%	92.38%
Free Cash Flow Firm Growth	560.56%	-45.71%	46.29%	2,225.65%	-101.93%	2,131.14%	-122.13%	-21.65%	266.53%	-71.70%
Invested Capital Growth	-88.99%	5.29%	-15.85%	-11.40%	12.81%	-92.00%	21.30%	-6.05%	-23.85%	-6.57%
Revenue Q/Q Growth	3.25%	3.93%	6.64%	6.46%	3.38%	6.20%	6.85%	6.44%	7.40%	10.35%
EBITDA Q/Q Growth	6.57%	0.55%	11.81%	13.38%	-44.56%	243.92%	5.77%	-12.06%	80.05%	34.62%
EBIT Q/Q Growth	6.60%	-0.58%	12.94%	15.01%	-51.06%	474.81%	4.82%	-14.52%	96.90%	44.92%
NOPAT Q/Q Growth	7.32%	1.17%	10.68%	13.80%	-43.74%	142.38%	-11.73%	13.92%	73.03%	54.84%
Net Income Q/Q Growth	6.76%	0.54%	12.50%	14.17%	-12.78%	8.38%	-11.29%	12.43%	74.46%	14.49%
EPS Q/Q Growth	7.60%	0.68%	12.30%	14.24%	-12.77%	8.42%	-11.36%	12.90%	77.61%	9.09%
Operating Cash Flow Q/Q Growth	5.10%	1.25%	11.87%	13.04%	2.27%	4.12%	0.47%	11.78%	18.66%	-0.45%
Free Cash Flow Firm Q/Q Growth	1,050.08%	-14.32%	141.13%	-78.74%	-101.79%	1,043.66%	-148.03%	-36.59%	30,414.59%	-75.63%
Invested Capital Q/Q Growth	-728.45%	-41.30%	-44.87%	48.56%	-6.27%	-183.71%	-8.74%	-22.62%	-52.46%	-14.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	82.23%	83.69%	84.53%	84.66%	85.32%	85.12%	83.97%	83.37%	83.57%	84.21%
EBITDA Margin	42.44%	34.77%	35.24%	30.58%	28.26%	36.38%	36.03%	34.11%	35.14%	19.82%
Operating Margin	33.68%	26.65%	27.54%	24.02%	22.12%	30.67%	30.67%	29.95%	30.91%	15.33%
EBIT Margin	34.64%	28.00%	28.51%	24.25%	22.10%	30.78%	30.98%	29.71%	31.00%	15.56%
Profit (Net Income) Margin	26.66%	20.12%	20.46%	18.57%	17.05%	24.48%	24.20%	28.52%	21.40%	9.32%
Tax Burden Percent	77.35%	72.14%	72.23%	76.56%	77.15%	79.87%	78.45%	96.68%	69.72%	62.48%
Interest Burden Percent	99.48%	99.60%	99.36%	100.00%	99.99%	99.59%	99.56%	99.29%	98.98%	95.92%
Effective Tax Rate	22.65%	27.86%	27.77%	23.44%	22.85%	20.13%	21.55%	3.32%	30.28%	37.52%
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)	34.87%	27.42%	27.11%	25.30%	24.27%	41.93%	44.50%	62.09%	65.56%	24.29%
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)	12.97%	11.71%	11.02%	8.79%	7.30%	11.33%	11.42%	9.79%	10.44%	4.18%
Return on Assets (ROA)	9.98%	8.41%	7.91%	6.73%	5.63%	9.01%	8.92%	9.40%	7.20%	2.50%
Return on Common Equity (ROCE)	34.87%	27.42%	27.11%	25.30%	24.27%	41.93%	44.50%	62.09%	65.56%	24.29%
Return on Equity Simple (ROE_SIMPLE)	31.85%	26.16%	23.79%	21.93%	21.88%	34.29%	40.95%	43.91%	60.43%	21.30%
Net Operating Profit after Tax (NOPAT)	491	326	274	194	144	181	136	125	71	22
NOPAT Margin	26.05%	19.22%	19.89%	18.39%	17.07%	24.49%	24.06%	28.96%	21.55%	9.58%
Net Nonoperating Expense Percent (NNEP)	0.34%	0.59%	0.34%	0.10%	-0.01%	-0.01%	0.08%	-0.19%	-0.06%	-0.08%
Return On Investment Capital (ROIC_SIMPLE)	31.13%	24.99%	22.58%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	17.77%	16.31%	15.47%	15.34%	14.68%	14.88%	16.03%	16.63%	16.43%	15.79%
SG&A Expenses to Revenue	8.42%	17.01%	17.39%	19.88%	21.18%	17.29%	17.06%	18.53%	17.98%	21.29%
R&D to Revenue	12.88%	11.75%	10.78%	11.22%	10.73%	9.91%	8.17%	7.03%	6.37%	3.84%
Operating Expenses to Revenue	48.55%	57.04%	57.00%	60.64%	63.20%	54.46%	53.30%	53.41%	52.66%	68.88%
Earnings before Interest and Taxes (EBIT)	652	474	392	256	186	227	175	129	102	35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	799	589	485	323	238	268	204	148	116	45
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.50	9.48	15.55	27.64	40.00	29.10	21.25	16.76	23.26	22.42
Price to Tangible Book Value (P/TBV)	8.00	10.28	17.08	31.51	43.46	32.28	25.15	20.63	43.18	51.33
Price to Revenue (P/Rev)	6.28	7.29	13.37	23.40	31.17	20.77	12.56	10.88	8.23	9.81
Price to Earnings (P/E)	23.54	36.24	65.34	126.04	182.82	84.86	51.90	38.16	38.48	105.24
Dividend Yield	0.73%	0.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.25%	2.76%	1.53%	0.79%	0.55%	1.18%	1.93%	2.62%	2.60%	0.95%
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)	4.12	5.74	11.50	21.41	29.11	18.38	10.83	8.34	5.53	6.60
Enterprise Value to EBITDA (EV/EBITDA)	9.70	16.52	32.63	70.03	102.99	50.53	30.06	24.46	15.75	33.29
Enterprise Value to EBIT (EV/EBIT)	11.88	20.51	40.32	88.31	131.70	59.73	34.96	28.08	17.85	42.42
Enterprise Value to NOPAT (EV/NOPAT)	15.80	29.88	57.80	116.44	170.55	75.05	45.01	28.81	25.68	68.91
Enterprise Value to Operating Cash Flow (EV/OCF)	14.52	20.06	43.31	70.78	107.79	60.46	33.19	27.76	18.43	34.50
Enterprise Value to Free Cash Flow (EV/FCFF)	4.66	38.62	34.08	71.27	0.00	17.53	0.00	20.99	8.29	24.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.02	0.03	0.05	0.06	0.10	0.13	0.26	0.26
Long-Term Debt to Equity	0.00	0.00	0.02	0.03	0.04	0.06	0.10	0.12	0.25	0.25
Financial Leverage	-2.32	-2.09	-2.25	-2.47	-2.96	-3.18	-3.38	-5.00	-7.50	-8.01
Leverage Ratio	3.49	3.26	3.43	3.76	4.31	4.65	4.99	6.61	9.10	9.71
Compound Leverage Factor	3.48	3.25	3.41	3.76	4.31	4.63	4.97	6.56	9.01	9.31
Debt to Total Capital	0.00%	0.00%	2.39%	3.16%	4.50%	5.84%	9.32%	11.15%	20.38%	20.75%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.19%	0.26%	0.32%	0.48%	0.28%	0.76%	0.71%
Long-Term Debt to Total Capital	0.00%	0.00%	2.39%	2.97%	4.24%	5.52%	8.84%	10.87%	19.62%	20.04%
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%	97.61%	96.84%	95.50%	94.17%	90.68%	88.85%	79.62%	79.25%
Debt to EBITDA	0.00	0.00	0.06	0.09	0.13	0.12	0.17	0.24	0.26	0.58
Net Debt to EBITDA	0.00	0.00	-5.31	-6.49	-7.29	-6.57	-4.80	-7.45	-7.68	-16.21
Long-Term Debt to EBITDA	0.00	0.00	0.06	0.08	0.12	0.12	0.16	0.23	0.25	0.56
Debt to NOPAT	0.00	0.00	0.11	0.15	0.22	0.18	0.25	0.28	0.42	1.20
Net Debt to NOPAT	0.00	0.00	-9.41	-10.79	-12.08	-9.76	-7.18	-8.77	-12.53	-33.55
Long-Term Debt to NOPAT	0.00	0.00	0.11	0.14	0.20	0.17	0.24	0.27	0.40	1.16
Altman Z-Score	2.88	3.91	5.29	7.47	9.07	5.67	4.74	3.04	2.43	2.18
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	1.10	1.11	1.16	1.13	1.09	1.07	1.03	1.03	1.03	1.05
Quick Ratio	0.11	0.12	0.18	0.14	0.09	0.08	0.05	0.04	0.07	0.07
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,664	252	464	317	-15	774	-38	172	220	60
Operating Cash Flow to CapEx	276.78%	251.95%	275.13%	264.61%	241.45%	241.31%	308.51%	219.15%	227.12%	259.67%
Free Cash Flow to Firm to Interest Expense	489.36	132.57	185.58	0.00	-785.25	822.88	-49.72	188.89	211.99	41.99
Operating Cash Flow to Interest Expense	157.03	255.26	146.04	0.00	11,958.26	238.58	241.28	142.86	95.38	30.11
Operating Cash Flow Less CapEx to Interest Expense	100.29	153.95	92.96	0.00	7,005.53	139.71	163.07	77.67	53.39	18.52
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.37	0.42	0.39	0.36	0.33	0.37	0.37	0.33	0.34	0.27
Accounts Receivable Turnover	67.74	86.32	85.06	113.38	91.32	116.06	226.99	297.12	178.25	87.28
Inventory Turnover	239.00	183.77	155.37	141.88	107.01	112.27	102.21	87.10	61.16	55.08
Fixed Asset Turnover	3.55	3.76	3.66	3.33	3.21	3.55	3.49	3.54	4.23	4.21
Accounts Payable Turnover	17.70	18.45	19.49	25.78	20.87	19.36	14.21	14.09	12.52	8.93
Days Sales Outstanding (DSO)	5.39	4.23	4.29	3.22	4.00	3.15	1.61	1.23	2.05	4.18
Days Inventory Outstanding (DIO)	1.53	1.99	2.35	2.57	3.41	3.25	3.57	4.19	5.97	6.63
Days Payable Outstanding (DPO)	20.62	19.79	18.73	14.16	17.49	18.86	25.69	25.91	29.15	40.85
Cash Conversion Cycle (CCC)	-13.70	-13.57	-12.09	-8.37	-10.08	-12.46	-20.51	-20.49	-21.14	-30.05
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-2,492	-1,318	-1,392	-1,202	-1,079	-1,237	-644	-819	-772	-623
Invested Capital Turnover	-0.99	-1.25	-1.06	-0.93	-0.73	-0.78	-0.77	-0.54	-0.47	-0.37
Increase / (Decrease) in Invested Capital	-1,173	74	-190	-123	159	-593	174	-47	-149	-38
Enterprise Value (EV)	7,751	9,728	15,811	22,604	24,491	13,560	6,134	3,613	1,821	1,483
Market Capitalization	11,819	12,349	18,386	24,699	26,225	15,323	7,113	4,713	2,710	2,204
Book Value per Share	$27.33	$21.63	$19.70	$14.89	$11.21	$9.02	$5.71	$4.75	$1.94	$1.66
Tangible Book Value per Share	$25.63	$19.94	$17.94	$13.06	$10.31	$8.13	$4.83	$3.86	$1.04	$0.73
Total Capital	1,576	1,303	1,212	923	687	559	369	317	146	124
Total Debt	0.00	0.00	29	29	31	33	34	35	30	26
Total Long-Term Debt	0.00	0.00	29	27	29	31	33	34	29	25
Net Debt	-4,068	-2,621	-2,575	-2,095	-1,734	-1,764	-979	-1,100	-889	-722
Capital Expenditures (CapEx)	193	193	133	121	94	93	60	59	44	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-3,670	-2,343	-2,217	-1,861	-1,617	-1,677	-976	-1,098	-891	-713
Debt-free Net Working Capital (DFNWC)	398	279	387	263	148	119	38	37	28	34
Net Working Capital (NWC)	398	279	387	262	147	118	36	36	27	34
Net Nonoperating Expense (NNE)	-11	-15	-7.87	-1.83	0.14	0.11	-0.78	1.91	0.51	0.57
Net Nonoperating Obligations (NNO)	-4,068	-2,621	-2,575	-2,095	-1,734	-1,764	-979	-1,100	-889	-722
Total Depreciation and Amortization (D&A)	147	115	93	67	52	41	29	19	14	9.58
Debt-free, Cash-free Net Working Capital to Revenue	-194.85%	-138.31%	-161.18%	-176.32%	-192.15%	-227.35%	-172.30%	-253.62%	-270.58%	-317.35%
Debt-free Net Working Capital to Revenue	21.13%	16.46%	28.15%	24.95%	17.63%	16.18%	6.66%	8.54%	8.45%	15.35%
Net Working Capital to Revenue	21.13%	16.46%	28.15%	24.79%	17.42%	15.94%	6.35%	8.34%	8.11%	14.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$8.93	$5.91	$4.86	$3.39	$2.49	$3.14	$2.37	$1.15	$0.76	$0.37
Adjusted Weighted Average Basic Shares Outstanding	56.21M	57.71M	57.93M	57.89M	57.62M	57.56M	57.71M	57.84M	57.55M	56.50M
Adjusted Diluted Earnings per Share	$8.92	$5.88	$4.84	$3.37	$2.46	$3.09	$2.34	$1.13	$0.74	$0.36
Adjusted Weighted Average Diluted Shares Outstanding	56.30M	57.97M	58.18M	58.19M	58.29M	58.40M	58.58M	58.79M	58.97M	57.92M
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	57.26M	57.55M	60.32M	60.21M	60.19M	58.85M	58.60M	59.18M	59.49M	59.10M
Normalized Net Operating Profit after Tax (NOPAT)	491	326	274	194	144	181	136	125	71	22
Normalized NOPAT Margin	26.05%	19.22%	19.89%	18.39%	17.07%	24.49%	24.06%	28.96%	21.55%	9.58%
Pre Tax Income Margin	34.46%	27.89%	28.33%	24.25%	22.10%	30.65%	30.85%	29.50%	30.69%	14.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	191.88	249.63	156.84	0.00	9,787.11	241.52	229.08	141.21	98.50	24.49
NOPAT to Interest Expense	144.30	171.36	109.41	0.00	7,557.75	192.22	177.92	137.65	68.46	15.08
EBIT Less CapEx to Interest Expense	135.15	148.32	103.76	0.00	4,834.37	142.65	150.88	76.02	56.50	12.90
NOPAT Less CapEx to Interest Expense	87.57	70.04	56.33	0.00	2,605.01	93.35	99.71	72.46	26.47	3.48
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.89%	19.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	41.35%	103.11%	33.65%	0.00%	36.28%	0.00%	76.74%	46.06%	50.50%	0.00%

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
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	6.12%	13.63%	11.23%	9.07%	10.68%	17.28%	21.59%	26.57%	27.75%	30.04%	30.44%
EBITDA Growth	-28.90%	34.44%	12.21%	11.87%	67.71%	2.32%	31.41%	26.98%	29.42%	57.63%	64.51%
EBIT Growth	-34.28%	36.02%	6.69%	6.93%	74.74%	-2.41%	34.02%	27.68%	30.36%	64.17%	75.22%
NOPAT Growth	-44.34%	42.76%	-0.67%	7.56%	110.76%	5.01%	38.85%	6.49%	26.91%	55.55%	70.30%
Net Income Growth	-43.61%	38.89%	-2.58%	5.35%	107.20%	2.26%	44.23%	12.49%	29.77%	64.24%	71.67%
EPS Growth	-43.25%	44.68%	0.77%	8.11%	112.14%	2.92%	44.44%	12.12%	30.38%	63.10%	73.08%
Operating Cash Flow Growth	22.81%	19.31%	-5.88%	24.75%	1.73%	4.65%	45.63%	104.71%	24.63%	43.16%	-18.64%
Free Cash Flow Firm Growth	-228.24%	30,032.22%	-1,387.61%	112.21%	123.12%	-98.39%	103.29%	-213.87%	-200.14%	55.00%	-197.96%
Invested Capital Growth	37.11%	-88.99%	67.77%	-10.85%	-8.59%	5.29%	2.90%	58.82%	53.17%	-15.85%	58.87%
Revenue Q/Q Growth	7.42%	9.28%	3.30%	-12.48%	15.02%	6.97%	1.29%	-11.18%	21.86%	10.90%	5.44%
EBITDA Q/Q Growth	19.44%	30.60%	8.60%	-58.03%	125.73%	9.00%	8.27%	-37.08%	37.76%	39.99%	4.62%
EBIT Q/Q Growth	25.27%	39.82%	9.18%	-65.64%	159.25%	9.67%	9.43%	-43.85%	44.81%	50.61%	4.26%
NOPAT Q/Q Growth	21.83%	56.86%	8.78%	-73.22%	212.42%	9.14%	17.80%	-47.53%	55.69%	44.31%	-9.66%
Net Income Q/Q Growth	22.75%	54.98%	7.81%	-72.50%	202.34%	8.71%	16.59%	-45.92%	49.21%	53.32%	-9.07%
EPS Q/Q Growth	21.57%	55.73%	9.17%	-72.54%	209.93%	8.46%	17.12%	-46.12%	50.37%	52.22%	-9.09%
Operating Cash Flow Q/Q Growth	13.79%	72.87%	-29.76%	-11.13%	10.54%	36.37%	-6.90%	-27.53%	13.74%	89.77%	30.86%
Free Cash Flow Firm Q/Q Growth	-137.44%	328.82%	-403.51%	-50.67%	8,778.13%	-90.22%	102.88%	6.58%	-712.80%	119.99%	-199.48%
Invested Capital Q/Q Growth	58.07%	-728.45%	75.41%	26.38%	-26.01%	-41.30%	15.43%	27.88%	-9.90%	-44.87%	64.13%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	84.05%	83.05%	80.45%	80.83%	84.27%	82.81%	83.03%	83.19%	85.56%	84.07%	83.51%
EBITDA Margin	43.36%	38.99%	32.63%	31.04%	64.71%	32.96%	32.34%	30.26%	42.71%	37.77%	29.92%
Operating Margin	34.89%	30.06%	23.21%	21.75%	57.18%	24.55%	23.85%	21.75%	35.52%	28.56%	22.22%
EBIT Margin	36.02%	30.89%	24.14%	22.84%	58.18%	25.80%	25.17%	23.30%	36.85%	31.01%	22.83%
Profit (Net Income) Margin	26.28%	22.99%	16.21%	15.54%	49.45%	18.81%	18.51%	16.08%	26.41%	21.58%	15.61%
Tax Burden Percent	73.25%	74.96%	67.65%	68.56%	85.22%	73.06%	73.71%	69.49%	72.04%	70.14%	69.27%
Interest Burden Percent	99.58%	99.31%	99.28%	99.22%	99.73%	99.79%	99.78%	99.36%	99.50%	99.21%	98.67%
Effective Tax Rate	26.75%	25.04%	32.35%	31.44%	14.78%	26.94%	26.29%	30.51%	27.96%	29.86%	30.73%
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)	24.99%	34.87%	32.58%	33.33%	33.81%	27.42%	27.14%	26.32%	26.35%	27.11%	26.31%
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)	14.82%	11.57%	11.98%	9.83%	22.58%	10.79%	11.44%	8.21%	11.21%	11.98%	7.82%
Return on Assets (ROA)	10.81%	8.61%	8.05%	6.69%	19.20%	7.87%	8.42%	5.67%	8.04%	8.34%	5.34%
Return on Common Equity (ROCE)	24.99%	34.87%	32.58%	33.33%	33.81%	27.42%	27.14%	26.32%	26.35%	27.11%	26.31%
Return on Equity Simple (ROE_SIMPLE)	22.96%	0.00%	32.10%	33.10%	32.59%	0.00%	23.85%	22.46%	23.14%	0.00%	23.24%
Net Operating Profit after Tax (NOPAT)	136	111	71	65	244	78	71	61	116	74	51
NOPAT Margin	25.56%	22.54%	15.70%	14.91%	48.73%	17.94%	17.58%	15.12%	25.59%	20.03%	15.39%
Net Nonoperating Expense Percent (NNEP)	0.13%	0.07%	0.11%	0.11%	0.12%	0.15%	0.17%	0.13%	0.10%	0.25%	0.03%
Return On Investment Capital (ROIC_SIMPLE)	7.90%	7.06%	-	-	-	5.98%	-	-	-	6.13%	-
Cost of Revenue to Revenue	15.95%	16.95%	19.55%	19.17%	15.73%	17.19%	16.97%	16.81%	14.44%	15.93%	16.49%
SG&A Expenses to Revenue	12.44%	13.36%	15.63%	16.02%	-9.62%	17.19%	17.68%	18.94%	14.53%	16.19%	18.16%
R&D to Revenue	11.74%	13.50%	13.95%	14.26%	10.10%	12.74%	12.76%	12.24%	9.45%	10.67%	12.08%
Operating Expenses to Revenue	49.16%	52.98%	57.24%	59.08%	27.09%	58.26%	59.18%	61.44%	50.03%	55.51%	61.29%
Earnings before Interest and Taxes (EBIT)	191	153	109	100	291	112	102	93	166	115	76
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	230	193	147	136	323	143	131	121	193	140	100
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.29	7.50	6.53	5.83	8.32	9.48	10.94	13.66	13.62	15.55	18.24
Price to Tangible Book Value (P/TBV)	7.72	8.00	7.01	6.27	8.95	10.28	11.79	14.75	14.78	17.08	20.25
Price to Revenue (P/Rev)	6.54	6.28	5.25	4.67	6.87	7.29	9.54	12.34	12.34	13.37	15.22
Price to Earnings (P/E)	31.74	23.54	20.35	17.61	25.52	36.24	45.85	60.84	58.86	65.34	78.48
Dividend Yield	0.69%	0.73%	0.90%	1.05%	0.76%	0.55%	0.29%	0.12%	0.00%	0.00%	0.00%
Earnings Yield	3.15%	4.25%	4.92%	5.68%	3.92%	2.76%	2.18%	1.64%	1.70%	1.53%	1.27%
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)	5.09	4.12	4.28	3.18	5.09	5.74	8.09	10.73	10.39	11.50	13.64
Enterprise Value to EBITDA (EV/EBITDA)	13.81	9.70	10.40	7.71	12.31	16.52	22.52	30.15	28.97	32.63	40.59
Enterprise Value to EBIT (EV/EBIT)	17.64	11.88	12.75	9.36	14.80	20.51	27.64	37.04	35.53	40.32	50.68
Enterprise Value to NOPAT (EV/NOPAT)	25.46	15.80	17.06	12.37	19.57	29.88	40.98	55.36	51.37	57.80	71.19
Enterprise Value to Operating Cash Flow (EV/OCF)	17.17	14.52	15.36	11.02	18.17	20.06	27.53	37.29	38.86	43.31	53.91
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.66	0.00	9.81	15.17	38.62	44.86	0.00	0.00	34.08	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.02	0.02	0.03
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.02	0.02	0.03
Financial Leverage	-1.86	-2.32	-1.43	-1.82	-2.15	-2.09	-1.76	-2.58	-3.05	-2.25	-2.73
Leverage Ratio	2.95	3.49	2.55	2.92	3.24	3.26	2.87	3.68	4.13	3.43	3.96
Compound Leverage Factor	2.94	3.47	2.53	2.89	3.23	3.25	2.86	3.66	4.11	3.40	3.91
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.00%	2.02%	2.13%	2.39%	2.62%
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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.00%	2.02%	2.13%	2.39%	2.62%
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	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	98.00%	97.98%	97.87%	97.61%	97.38%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.05	0.05	0.06	0.07
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-4.02	-4.53	-5.42	-5.31	-4.70
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.05	0.05	0.05	0.06	0.07
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.09	0.10	0.10	0.11	0.12
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-7.32	-8.32	-9.61	-9.41	-8.24
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.09	0.10	0.10	0.11	0.12
Altman Z-Score	3.93	2.60	4.28	2.87	3.34	3.62	5.01	5.64	4.80	5.05	6.32
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	1.20	1.10	1.19	1.13	1.12	1.11	1.24	1.24	1.19	1.16	1.17
Quick Ratio	0.22	0.11	0.21	0.15	0.13	0.12	0.24	0.25	0.20	0.18	0.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-481	1,284	-561	185	375	4.26	44	-1,515	-1,622	265	-1,324
Operating Cash Flow to CapEx	484.08%	312.26%	192.44%	289.64%	311.51%	236.43%	188.62%	247.63%	359.70%	315.93%	278.33%
Free Cash Flow to Firm to Interest Expense	-601.08	1,226.83	-711.48	236.52	479.46	17.84	196.38	-2,516.76	-1,937.57	289.88	-1,300.22
Operating Cash Flow to Interest Expense	228.13	153.19	117.59	168.92	190.07	562.47	444.05	175.89	174.56	140.69	66.49
Operating Cash Flow Less CapEx to Interest Expense	181.00	104.13	56.49	110.60	129.06	324.57	208.62	104.86	126.03	96.16	42.60
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.41	0.37	0.50	0.43	0.39	0.42	0.45	0.35	0.30	0.39	0.34
Accounts Receivable Turnover	74.62	67.74	100.98	98.17	92.17	86.32	107.06	85.88	82.43	85.06	92.44
Inventory Turnover	212.35	239.00	300.47	267.49	215.06	183.77	225.98	195.82	283.49	155.37	171.32
Fixed Asset Turnover	3.52	3.55	3.57	3.64	3.70	3.76	3.82	3.80	3.76	3.66	3.62
Accounts Payable Turnover	22.65	17.70	15.53	26.07	18.69	18.45	30.49	22.48	20.65	19.49	20.37
Days Sales Outstanding (DSO)	4.89	5.39	3.61	3.72	3.96	4.23	3.41	4.25	4.43	4.29	3.95
Days Inventory Outstanding (DIO)	1.72	1.53	1.21	1.36	1.70	1.99	1.62	1.86	1.29	2.35	2.13
Days Payable Outstanding (DPO)	16.12	20.62	23.51	14.00	19.53	19.79	11.97	16.24	17.68	18.73	17.92
Cash Conversion Cycle (CCC)	-9.51	-13.70	-18.68	-8.92	-13.88	-13.57	-6.95	-10.12	-11.96	-12.09	-11.84
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-1,045	-2,492	-301	-1,223	-1,661	-1,318	-933	-1,103	-1,530	-1,392	-961
Invested Capital Turnover	-1.41	-0.99	-2.96	-1.53	-1.09	-1.25	-1.72	-0.82	-0.61	-1.06	-0.78
Increase / (Decrease) in Invested Capital	616	-1,173	632	-120	-131	74	28	1,576	1,737	-190	1,375
Enterprise Value (EV)	9,749	7,751	7,801	5,662	8,861	9,728	13,188	16,711	15,310	15,811	17,594
Market Capitalization	12,511	11,819	9,567	8,312	11,960	12,349	15,543	19,221	18,174	18,386	19,631
Book Value per Share	$29.99	$27.33	$25.50	$24.55	$25.43	$21.63	$23.51	$23.33	$22.12	$19.70	$17.93
Tangible Book Value per Share	$28.29	$25.63	$23.78	$22.83	$23.65	$19.94	$21.80	$21.61	$20.38	$17.94	$16.15
Total Capital	1,717	1,576	1,465	1,427	1,438	1,303	1,450	1,436	1,363	1,212	1,105
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	29	29	29	29	29
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	29	29	29	29	29
Net Debt	-2,762	-4,068	-1,765	-2,650	-3,099	-2,621	-2,354	-2,510	-2,864	-2,575	-2,037
Capital Expenditures (CapEx)	38	51	48	46	48	57	52	43	41	41	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,255	-3,670	-1,447	-2,330	-2,745	-2,343	-1,890	-2,018	-2,404	-2,217	-1,736
Debt-free Net Working Capital (DFNWC)	507	398	318	319	354	279	493	521	490	387	331
Net Working Capital (NWC)	507	398	318	319	354	279	493	521	490	387	331
Net Nonoperating Expense (NNE)	-3.81	-2.27	-2.33	-2.75	-3.60	-3.81	-3.79	-3.88	-3.72	-5.72	-0.71
Net Nonoperating Obligations (NNO)	-2,762	-4,068	-1,765	-2,650	-3,099	-2,621	-2,354	-2,510	-2,864	-2,575	-2,037
Total Depreciation and Amortization (D&A)	39	40	38	36	33	31	29	28	26	25	24
Debt-free, Cash-free Net Working Capital to Revenue	-117.82%	-194.85%	-79.34%	-131.03%	-157.60%	-138.31%	-115.99%	-129.53%	-163.15%	-161.18%	-134.59%
Debt-free Net Working Capital to Revenue	26.50%	21.13%	17.45%	17.96%	20.32%	16.46%	30.25%	33.48%	33.23%	28.15%	25.64%
Net Working Capital to Revenue	26.50%	21.13%	17.45%	17.96%	20.32%	16.46%	30.25%	33.48%	33.23%	28.15%	25.64%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.49	$2.05	$1.31	$1.20	$4.37	$1.44	$1.30	$1.11	$2.06	$1.39	$0.90
Adjusted Weighted Average Basic Shares Outstanding	55.97M	56.21M	55.93M	56.45M	56.55M	57.71M	57.83M	57.92M	57.87M	57.93M	57.87M
Adjusted Diluted Earnings per Share	$2.48	$2.04	$1.31	$1.20	$4.37	$1.41	$1.30	$1.11	$2.06	$1.37	$0.90
Adjusted Weighted Average Diluted Shares Outstanding	56.28M	56.30M	55.96M	56.77M	56.55M	57.97M	57.97M	58.03M	57.99M	58.18M	58.03M
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	57.82M	57.26M	57.66M	57.43M	58.11M	57.55M	60.23M	60.47M	60.29M	60.32M	60.02M
Normalized Net Operating Profit after Tax (NOPAT)	136	111	71	65	244	78	71	61	116	74	51
Normalized NOPAT Margin	25.56%	22.54%	15.70%	14.91%	48.73%	17.94%	17.58%	15.12%	25.59%	20.03%	15.39%
Pre Tax Income Margin	35.87%	30.68%	23.97%	22.66%	58.02%	25.75%	25.11%	23.15%	36.67%	30.76%	22.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	238.88	145.70	138.28	127.78	371.90	469.26	460.64	155.23	198.85	125.88	74.96
NOPAT to Interest Expense	169.49	106.30	89.92	83.41	311.49	326.20	321.76	100.73	138.08	81.32	50.53
EBIT Less CapEx to Interest Expense	191.75	96.64	77.17	69.46	310.88	231.36	225.22	84.20	150.32	81.34	51.07
NOPAT Less CapEx to Interest Expense	122.36	57.24	28.82	25.09	250.47	88.30	86.33	29.70	89.55	36.78	26.64
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.49%	16.89%	18.11%	18.11%	18.36%	19.01%	12.79%	6.88%	0.00%	0.00%	0.00%
Augmented Payout Ratio	21.49%	41.35%	89.24%	95.92%	79.51%	103.11%	34.92%	6.88%	30.66%	33.65%	37.84%

Frequently Asked Questions About Paycom Software's Financials

When does Paycom Software's financial year end?

According to the most recent income statement we have on file, Paycom Software's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

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

Paycom Software's net income appears to be on an upward trend, with a most recent value of $502 million in 2024, rising from $20.95 million in 2015. The previous period was $340.80 million in 2023. Check out Paycom Software's forecast to explore projected trends and price targets.

What is Paycom Software's operating income?

Paycom Software's total operating income in 2024 was $634.30 million, based on the following breakdown:

Total Gross Profit: $1.55 billion
Total Operating Expenses: $914.30 million

How has Paycom Software revenue changed over the last 9 years?

Over the last 9 years, Paycom Software's total revenue changed from $224.65 million in 2015 to $1.88 billion in 2024, a change of 738.3%.

How much debt does Paycom Software have?

Paycom Software's total liabilities were at $4.28 billion at the end of 2024, a 48.0% increase from 2023, and a 450.4% increase since 2015.

How much cash does Paycom Software have?

In the past 9 years, Paycom Software's cash and equivalents has ranged from $45.72 million in 2018 to $402 million in 2024, and is currently $402 million as of their latest financial filing in 2024.

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

Over the last 9 years, Paycom Software's book value per share changed from 1.66 in 2015 to 27.33 in 2024, a change of 1,543.0%.

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This page (NYSE:PAYC) was last updated on 5/21/2025 by MarketBeat.com Staff

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Paycom Software (PAYC) Financials

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