PAYC Chart
About

Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers payroll applications comprising better employee transaction interface, payroll and payroll tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, garnishment administration, and GL concierge applications; talent acquisition, including applicant tracking, background checks, on-boarding, e-verify, and tax credit services; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, Paycom learning, certification management. The company also offers time and labor management, such as time and attendance, scheduling, time-off requests, and labor allocation solutions. Its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration; COBRA administration; personnel action and performance discussion forms; Paycom surveys; retirement reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce; and MyCom is a communications tool that provides organizations with a central place to share information with employees. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 7.11B
Enterprise Value 6.73B Income 453.40M Sales 2.05B
Book/sh 32.36 Cash/sh 6.96 Dividend Yield 114.00%
Payout 18.56% Employees 5770 IPO
P/E 16.00 Forward P/E 11.35 PEG
P/S 3.46 P/B 4.00 P/C
EV/EBITDA 10.61 EV/Sales 3.28 Quick Ratio 0.09
Current Ratio 1.09 Debt/Eq 5.21 LT Debt/Eq
EPS (ttm) 8.09 EPS next Y 11.41 EPS Growth 2.10%
Revenue Growth 10.20% Earnings 2026-05-06 ROA 5.27%
ROE 27.42% ROIC Gross Margin 87.18%
Oper. Margin 28.86% Profit Margin 22.10% Shs Outstand 53.16M
Shs Float 46.37M Short Float 10.17% Short Ratio 1.74
Short Interest 52W High 267.76 52W Low 104.90
Beta 0.81 Avg Volume 1.57M Volume 252.91K
Target Price $152.94 Recom Buy Prev Close $131.91
Price $129.45 Change -1.86%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$152.94
Mean price target
2. Current target
$129.45
Latest analyst target
3. DCF / Fair value
$88.36
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$129.45
Low
$120.00
High
$240.00
Mean
$152.94

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-06 main Cantor Fitzgerald Neutral → Neutral $135
2026-03-06 main Barclays Equal-Weight → Equal-Weight $150
2026-02-13 main Citigroup Neutral → Neutral $128
2026-02-12 main Jefferies Hold → Hold $130
2026-02-12 main BMO Capital Market Perform → Market Perform $137
2026-02-12 main Guggenheim Buy → Buy $180
2026-02-12 main Cantor Fitzgerald Neutral → Neutral $115
2026-02-12 main Barclays Equal-Weight → Equal-Weight $140
2026-02-12 main Keybanc Overweight → Overweight $195
2026-02-12 main Mizuho Neutral → Neutral $120
2026-02-12 main BTIG Buy → Buy $140
2026-01-29 main Cantor Fitzgerald Neutral → Neutral $135
2026-01-26 main UBS Buy → Buy $210
2026-01-12 main Barclays Equal-Weight → Equal-Weight $185
2026-01-08 main TD Cowen Buy → Buy $184
2025-12-23 main Citigroup Neutral → Neutral $185
2025-11-06 main JP Morgan Neutral → Neutral $220
2025-11-06 main Jefferies Hold → Hold $190
2025-11-06 main UBS Buy → Buy $245
2025-11-06 main TD Cowen Buy → Buy $200
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 71827 Stock Award(Grant) at price 0.00 per share. RICHISON CHAD R Chief Executive Officer 2026-02-18 00:00:00 D
1 13967 Stock Award(Grant) at price 0.00 per share. YORK JEFFREY D Officer 2026-02-18 00:00:00 D
2 9976 Stock Award(Grant) at price 0.00 per share. PECK RANDALL Chief Operating Officer 2026-02-18 00:00:00 D
3 20950 Stock Award(Grant) at price 0.00 per share. HADLOCK TERRELL SHANE President 2026-02-18 00:00:00 D
4 17957 Stock Award(Grant) at price 0.00 per share. FOSTER ROBERT D Chief Financial Officer 2026-02-18 00:00:00 D
5 43148 Stock Award(Grant) at price 0.00 per share. RICHISON CHAD R Chief Executive Officer 2026-02-10 00:00:00 D
6 8390 Stock Award(Grant) at price 0.00 per share. PECK RANDALL Chief Operating Officer 2026-02-10 00:00:00 D
7 9589 Stock Award(Grant) at price 0.00 per share. FOSTER ROBERT D Chief Financial Officer 2026-02-10 00:00:00 D
8 1300 211458 Sale at price 162.66 per share. FOSTER ROBERT D Chief Financial Officer 2025-12-10 00:00:00 D
9 2192 363541 Sale at price 165.50 - 166.52 per share. PECK RANDALL Chief Operating Officer 2025-12-05 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.270.230.280.28
NormalizedEBITDA799.10M798.30M588.20M484.80M
NetIncomeFromContinuingOperationNetMinorityInterest453.40M502.00M340.80M281.40M
ReconciledDepreciation176.30M145.90M113.90M92.70M
ReconciledCostOfRevenue263.00M267.40M223.80M169.80M
EBITDA799.10M798.30M588.20M484.80M
EBIT622.80M652.40M474.30M392.10M
NetInterestIncome-3.40M-3.40M-1.90M-2.50M
InterestExpense3.40M3.40M1.90M2.50M
NormalizedIncome453.40M502.00M340.80M281.40M
NetIncomeFromContinuingAndDiscontinuedOperation453.40M502.00M340.80M281.40M
TotalExpenses1.48B1.25B1.24B996.50M
TotalOperatingIncomeAsReported567.20M634.30M451.30M378.70M
DilutedAverageShares56.10M56.30M57.97M58.17M
BasicAverageShares55.80M56.20M57.71M57.93M
DilutedEPS8.088.925.884.84
BasicEPS8.138.935.914.86
DilutedNIAvailtoComStockholders453.40M502.00M340.80M281.40M
NetIncomeCommonStockholders453.40M502.00M340.80M281.40M
OtherunderPreferredStockDividend0.00
NetIncome453.40M502.00M340.80M281.40M
NetIncomeIncludingNoncontrollingInterests453.40M502.00M340.80M281.40M
NetIncomeContinuousOperations453.40M502.00M340.80M281.40M
TaxProvision166.00M147.00M131.60M108.20M
PretaxIncome619.40M649.00M472.40M389.60M
OtherIncomeExpense55.60M18.10M23.00M13.40M
OtherNonOperatingIncomeExpenses55.60M18.10M23.00M13.40M
NetNonOperatingInterestIncomeExpense-3.40M-3.40M-1.90M-2.50M
InterestExpenseNonOperating3.40M3.40M1.90M2.50M
OperatingIncome567.20M634.30M451.30M378.70M
OperatingExpense1.14B914.30M966.10M783.80M
DepreciationAmortizationDepletionIncomeStatement93.90M78.70M61.40M49.80M
DepreciationAndAmortizationInIncomeStatement93.90M78.70M61.40M49.80M
ResearchAndDevelopment283.40M242.60M199.00M148.30M
SellingGeneralAndAdministration761.80M593.00M705.70M585.70M
SellingAndMarketingExpense482.80M434.40M417.60M346.60M
GeneralAndAdministrativeExpense279.00M158.60M288.10M239.10M
OtherGandA279.00M158.60M288.10M239.10M
GrossProfit1.71B1.55B1.42B1.16B
CostOfRevenue345.40M334.60M276.30M212.70M
TotalRevenue2.05B1.88B1.69B1.38B
OperatingRevenue2.05B1.88B1.69B1.38B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber8.80M7.10M6.15M4.65M
OrdinarySharesNumber54.80M55.83M56.53M57.87M
ShareIssued63.60M62.93M62.67M62.52M
TotalDebt90.30M83.40M75.90M29.00M
TangibleBookValue1.64B1.48B1.20B1.08B
InvestedCapital1.73B1.58B1.30B1.21B
WorkingCapital470.40M398.00M278.80M387.13M
NetTangibleAssets1.64B1.48B1.20B1.08B
CapitalLeaseObligations90.30M83.40M75.90M
CommonStockEquity1.73B1.58B1.30B1.18B
TotalCapitalization1.73B1.58B1.30B1.21B
TotalEquityGrossMinorityInterest1.73B1.58B1.30B1.18B
StockholdersEquity1.73B1.58B1.30B1.18B
GainsLossesNotAffectingRetainedEarnings300.00K-600.00K-1.00M-3.70M
OtherEquityAdjustments300.00K-600.00K-1.00M-3.70M
TreasuryStock1.40B1.04B891.00M587.90M
RetainedEarnings2.26B1.89B1.47B1.20B
AdditionalPaidInCapital878.40M724.80M724.40M576.62M
CapitalStock600.00K600.00K600.00K625.00K
CommonStock600.00K600.00K600.00K625.00K
TotalLiabilitiesNetMinorityInterest5.87B4.28B2.89B2.72B
TotalNonCurrentLiabilitiesNetMinorityInterest498.80M377.20M359.90M342.87M
OtherNonCurrentLiabilities10.60M49.90M51.70M75.25M
NonCurrentDeferredLiabilities426.30M264.30M251.50M238.62M
NonCurrentDeferredRevenue121.90M114.60M107.70M97.59M
NonCurrentDeferredTaxesLiabilities304.40M149.70M143.80M141.03M
LongTermDebtAndCapitalLeaseObligation61.90M63.00M56.70M29.00M
LongTermCapitalLeaseObligation61.90M63.00M56.70M
LongTermDebt29.00M27.38M
CurrentLiabilities5.37B3.91B2.53B2.38B
OtherCurrentLiabilities5.14B3.67B2.33B2.21B
CurrentDeferredLiabilities28.30M30.00M22.80M19.82M
CurrentDeferredRevenue28.30M30.00M22.80M19.82M
CurrentDebtAndCapitalLeaseObligation28.40M20.40M19.20M1.77M
CurrentCapitalLeaseObligation28.40M20.40M19.20M
CurrentDebt1.77M
OtherCurrentBorrowings1.77M
PayablesAndAccruedExpenses174.70M190.70M164.50M149.51M
CurrentAccruedExpenses168.10M166.80M150.60M133.45M
Payables6.60M23.90M13.90M16.05M
AccountsPayable6.60M23.90M13.90M16.05M
TotalAssets7.60B5.86B4.20B3.90B
TotalNonCurrentAssets1.76B1.56B1.38B1.14B
OtherNonCurrentAssets36.50M31.40M29.80M62.01M
NonCurrentDeferredAssets857.40M783.60M680.30M567.97M
GoodwillAndOtherIntangibleAssets89.30M98.10M102.00M105.91M
OtherIntangibleAssets37.40M46.20M50.10M54.02M
Goodwill51.90M51.90M51.90M51.89M
NetPPE776.70M642.00M572.00M402.45M
AccumulatedDepreciation-743.50M-576.40M-437.30M-331.34M
GrossPPE1.52B1.22B1.01B733.79M
ConstructionInProgress1.20M14.70M92.00M36.29M
OtherProperties163.50M149.30M134.60M53.17M
MachineryFurnitureEquipment1.01B742.30M569.00M432.77M
BuildingsAndImprovements304.40M275.60M179.90M177.76M
LandAndImprovements36.50M36.50M33.80M33.80M
Properties0.000.000.000.00
CurrentAssets5.84B4.30B2.81B2.76B
CurrentDeferredAssets159.50M140.40M118.20M96.38M
RestrictedCash5.14B3.67B2.33B2.20B
PrepaidAssets47.50M44.40M37.60M34.06M
Inventory1.70M1.40M1.40M1.61M
Receivables123.10M51.10M34.80M28.43M
TaxesReceivable78.20M11.90M18.40M5.58M
AccountsReceivable44.90M39.20M16.40M22.84M
CashCashEquivalentsAndShortTermInvestments370.00M402.00M294.00M400.73M
CashAndCashEquivalents370.00M402.00M294.00M400.73M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow403.50M336.60M288.20M228.30M
RepurchaseOfCapitalStock-325.50M-122.80M-286.60M-94.70M
RepaymentOfDebt0.000.00-29.00M-29.30M
IssuanceOfDebt0.000.0029.00M0.00
CapitalExpenditure-275.40M-197.30M-196.80M-136.80M
InterestPaidSupplementalData2.10M2.00M1.00M500.00K
IncomeTaxPaidSupplementalData78.10M134.80M138.80M100.60M
EndCashPosition5.13B4.04B2.42B2.41B
BeginningCashPosition4.04B2.42B2.41B1.81B
ChangesInCash1.09B1.62B13.70M596.40M
FinancingCashFlow1.02B1.11B-274.60M254.60M
CashFlowFromContinuingFinancingActivities1.02B1.11B-274.60M254.60M
NetOtherFinancingCharges1.43B1.32B105.80M349.60M
ProceedsFromStockOptionExercised5.50M0.000.00
CashDividendsPaid-84.80M-84.80M-64.80M0.00
CommonStockDividendPaid-84.80M-84.80M-64.80M0.00
NetCommonStockIssuance-325.50M-122.80M-286.60M-94.70M
CommonStockPayments-325.50M-122.80M-286.60M-94.70M
NetIssuancePaymentsOfDebt0.000.00-29.00M-300.00K
NetLongTermDebtIssuance0.000.00-29.00M-300.00K
LongTermDebtPayments0.000.00-29.00M-29.30M
LongTermDebtIssuance0.000.0029.00M0.00
InvestingCashFlow-611.20M-22.20M-196.70M-23.30M
CashFlowFromContinuingInvestingActivities-611.20M-22.20M-196.70M-23.30M
NetOtherInvestingChanges113.51M-131.48M
NetInvestmentPurchaseAndSale-335.90M175.10M0.00113.50M
SaleOfInvestment500.00M200.00M25.00M382.20M
PurchaseOfInvestment-835.90M-24.90M-25.00M-268.70M
NetIntangiblesPurchaseAndSale-4.50M-4.40M-4.20M-4.10M
PurchaseOfIntangibles-4.50M-4.40M-4.20M-4.10M
NetPPEPurchaseAndSale-270.80M-192.90M-192.50M-132.70M
SaleOfPPE100.00K0.00100.00K0.00
PurchaseOfPPE-270.90M-192.90M-192.60M-132.70M
OperatingCashFlow678.90M533.90M485.00M365.10M
CashFlowFromContinuingOperatingActivities678.90M533.90M485.00M365.10M
ChangeInWorkingCapital-178.40M-99.00M-105.80M-100.40M
ChangeInOtherWorkingCapital-152.20M-98.70M-126.40M-95.40M
ChangeInOtherCurrentAssets-6.50M-2.70M-9.60M-4.00M
ChangeInPayablesAndAccruedExpense-15.40M31.90M30.20M19.10M
ChangeInAccruedExpense800.00K22.80M35.40M7.40M
ChangeInPayable-16.20M9.10M-5.20M11.70M
ChangeInAccountPayable-16.20M9.10M-5.20M11.70M
ChangeInPrepaidAssets1.70M-6.70M-6.60M-6.50M
ChangeInInventory-300.00K0.00200.00K-200.00K
ChangeInReceivables-5.70M-22.80M6.40M-13.40M
ChangesInAccountReceivables-5.70M-22.80M6.40M-13.40M
OtherNonCashItems-32.40M2.20M3.00M2.50M
StockBasedCompensation118.70M-22.90M129.80M94.90M
AmortizationOfSecurities-13.00M-100.00K-500.00K-1.00M
DeferredTax154.40M5.80M2.60M-3.20M
DeferredIncomeTax154.40M5.80M2.60M-3.20M
DepreciationAmortizationDepletion176.30M145.90M113.90M92.70M
DepreciationAndAmortization176.30M145.90M113.90M92.70M
AmortizationCashFlow8.80M3.90M3.90M4.00M
AmortizationOfIntangibles8.80M3.90M3.90M4.00M
Depreciation167.50M142.00M110.00M88.70M
OperatingGainsLosses-100.00K1.20M-1.80M-516.00K
GainLossOnInvestmentSecurities-1.60M-662.00K
GainLossOnSaleOfPPE-100.00K0.000.00-200.00K
NetIncomeFromContinuingOperations453.40M502.00M340.80M281.40M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PAYC
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