What is PAYCOM SOFTWARE, INC.'s earnings per share (EPS)?

PAYCOM SOFTWARE, INC. (PAYC) reported diluted earnings per share of $8.08 for fiscal year 2025. This represents a -9.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

PAYCOM SOFTWARE, INC. (PAYC) Financials

PAYC

Trailing 12 months to June 30, 2026

Revenue $2.1B +9.2% YoY

Net Income $487.6M +17.3% YoY

EPS (Diluted) $9.40 +27.0% YoY

Free Cash Flow $575.1M +60.1% YoY

Market Cap $10.4B as of Oct 9, 2026

Price / Sales 4.8x on $2.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 21.3x on $487.6M net income, trailing 12 months to June 30, 2026

Price / Book 18.1x on $571.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PAYC SEC filings page.

PAYCOM SOFTWARE, INC. (PAYC) reported $2.1B in revenue over the twelve months to Jun 30, 2026, up 9.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PAYC FY2025 2026-10-03

Profit converts into cash, but FY2025's higher operating costs and balance-sheet expansion reduced efficiency.

FY2025 operating cash flow reached $679M against net income of $453M, showing earnings were accompanied by cash generation rather than merely accounting profit. Free cash flow was $408M after capital expenditures of $271M, so conversion remained positive while the expanding asset base demanded meaningful reinvestment.

Revenue grew 8.9% in FY2025 while gross margin recovered, so the pressure was concentrated below direct costs. Operating margin fell to 27.7% from 33.7%, consistent with SG&A and R&D outpacing the top line; the model did not retain as much incremental revenue as in FY2024.

Total assets rose to $7.6B from $5.9B, while liabilities expanded with them, indicating a more heavily financed balance sheet rather than purely retained-profit growth. Current liquidity narrowed to 1.1x and reported debt-to-equity reached 3.4x, so positive cash generation coexisted with less short-term cushion and greater balance-sheet sensitivity.

Financial Health Signals

Financial Health Score 63/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of PAYCOM SOFTWARE, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

PAYCOM SOFTWARE, INC. has an operating margin of 27.7%, meaning the company retains $28 of operating profit per $100 of revenue. This strong profitability earns a score of 92/100, reflecting efficient cost management and pricing power. This is down from 33.7% the prior year.

Growth

PAYCOM SOFTWARE, INC.'s revenue grew 8.9% year-over-year to $2.1B, a solid pace of expansion. This earns a growth score of 65/100.

Leverage

PAYCOM SOFTWARE, INC. has elevated debt relative to equity (D/E of 3.39), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 18/100, reflecting increased financial risk.

Liquidity

PAYCOM SOFTWARE, INC.'s current ratio of 1.09 is below the typical benchmark, resulting in a score of 23/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

PAYCOM SOFTWARE, INC. converts 19.9% of revenue into free cash flow ($408.0M). This strong cash generation earns a score of 85/100.

Returns

PAYCOM SOFTWARE, INC. earns a strong 26.2% return on equity (ROE), meaning it generates $26 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 93/100. This is down from 31.9% the prior year.

Altman Z-Score Grey Zone

2.07

PAYCOM SOFTWARE, INC. scores 2.07, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($10.4B) relative to total liabilities ($5.9B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

PAYCOM SOFTWARE, INC. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.50x

For every $1 of reported earnings, PAYCOM SOFTWARE, INC. generates $1.50 in operating cash flow ($678.9M OCF vs $453.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

166.82x

PAYCOM SOFTWARE, INC. earns $166.82 in operating income for every $1 of interest expense ($567.2M vs $3.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$531.2M

YoY+9.8%

QoQ-7.1%

5Y CAGR+17.0%

10Y CAGR+21.8%

PAYCOM SOFTWARE, INC. generated $531.2M in revenue in Q2 2026. This represents an increase of 9.8% from the same quarter a year earlier. Against the prior quarter it is down 7.1%.

EBITDA

$194.1M

YoY+43.7%

QoQ-25.7%

5Y CAGR+28.5%

10Y CAGR+27.0%

PAYCOM SOFTWARE, INC.'s EBITDA was $194.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.7% from the same quarter a year earlier. Against the prior quarter it is down 25.7%.

Net Income

$107.4M

YoY+20.0%

QoQ-31.0%

5Y CAGR+15.5%

10Y CAGR+26.3%

PAYCOM SOFTWARE, INC. reported $107.4M in net income in Q2 2026. This represents an increase of 20.0% from the same quarter a year earlier. Against the prior quarter it is down 31.0%.

EPS (Diluted)

$2.34

YoY+48.1%

QoQ-23.0%

5Y CAGR+21.1%

10Y CAGR+29.2%

PAYCOM SOFTWARE, INC. earned $2.34 per diluted share (EPS) in Q2 2026. This represents an increase of 48.1% from the same quarter a year earlier. Against the prior quarter it is down 23.0%.

Cash & Balance Sheet

Free Cash Flow

$190.1M

YoY+212.7%

QoQ+4.1%

5Y CAGR+57.5%

10Y CAGR+36.2%

PAYCOM SOFTWARE, INC. generated $190.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 212.7% from the same quarter a year earlier. Against the prior quarter it is up 4.1%.

Cash & Debt

$198.0M

YoY-62.8%

QoQ+28.7%

5Y CAGR-0.4%

10Y CAGR+9.4%

PAYCOM SOFTWARE, INC. held $198.0M in cash against $900.0M in long-term debt as of Q2 2026.

Dividends Per Share

$0.38

YoY0.0%

QoQ0.0%

PAYCOM SOFTWARE, INC. paid $0.38 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

45M

YoY-22.1%

QoQ-5.4%

5Y CAGR-5.6%

10Y CAGR-2.8%

PAYCOM SOFTWARE, INC. had 45M shares outstanding in Q2 2026. This represents a decrease of 22.1% from the same quarter a year earlier. Against the prior quarter it is down 5.4%.

Margins & Returns

Gross Margin

83.2%

YoY+1.3pp

QoQ-1.5pp

5Y change-1.7pp

PAYCOM SOFTWARE, INC.'s gross margin was 83.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.

Operating Margin

31.7%

YoY+8.5pp

QoQ-5.0pp

5Y change+12.3pp

10Y change+10.1pp

PAYCOM SOFTWARE, INC.'s operating margin was 31.7% in Q2 2026, reflecting core business profitability. This is up 8.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.0 percentage points.

Net Margin

20.2%

YoY+1.7pp

QoQ-7.0pp

5Y change-1.4pp

10Y change+6.1pp

PAYCOM SOFTWARE, INC.'s net profit margin was 20.2% in Q2 2026, showing the share of revenue converted to profit. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.0 percentage points.

Return on Equity

18.8%

YoY+13.8pp

QoQ-0.4pp

5Y change+12.2pp

10Y change+10.7pp

PAYCOM SOFTWARE, INC.'s ROE was 18.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 13.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.

Capital Allocation

R&D Spending

$51.9M

YoY-30.6%

QoQ-14.5%

5Y CAGR+13.0%

PAYCOM SOFTWARE, INC. invested $51.9M in research and development in Q2 2026. This represents a decrease of 30.6% from the same quarter a year earlier. Against the prior quarter it is down 14.5%.

Share Buybacks

$335.4M

QoQ-68.2%

PAYCOM SOFTWARE, INC. spent $335.4M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 68.2%.

Capital Expenditures

$23.7M

YoY-61.6%

QoQ-24.0%

5Y CAGR-8.7%

10Y CAGR+4.0%

PAYCOM SOFTWARE, INC. invested $23.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 61.6% from the same quarter a year earlier. Against the prior quarter it is down 24.0%.

PAYC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PAYC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$2.1B	$2.1B+8.9%	$1.9B+11.2%	$1.7B+23.2%	$1.4B+30.3%	$1.1B+25.4%	$841.4M+14.1%	$737.7M+30.3%	$566.3M+30.8%	$433.0M+31.6%	$329.1M+46.5%	$224.7M+48.8%	$150.9M+40.3%	$107.6M+40.1%	$76.8M
Cost of Revenue	$349.7M	$345.4M+3.2%	$334.6M+21.1%	$276.3M+29.9%	$212.7M+31.4%	$161.9M+31.0%	$123.5M+12.6%	$109.7M+20.9%	$90.8M+26.0%	$72.0M+33.2%	$54.1M+52.4%	$35.5M+29.9%	$27.3M+30.8%	$20.9M+28.0%	$16.3M
Gross Profit	$1.8B	$1.7B+10.2%	$1.5B+9.3%	$1.4B+21.9%	$1.2B+30.1%	$893.6M+24.5%	$717.9M+14.3%	$627.9M+32.0%	$475.6M+31.7%	$361.0M+31.2%	$275.1M+45.4%	$189.2M+53.0%	$123.6M+42.6%	$86.7M+43.4%	$60.5M
R&D Expenses	$258.9M	$283.4M+16.8%	$242.6M+21.9%	$199.0M+34.2%	$148.3M+25.2%	$118.4M+31.2%	$90.2M+23.5%	$73.1M+58.0%	$46.2M+52.0%	$30.4M+45.1%	$21.0M+143.0%	$8.6M+99.5%	$4.3M+101.5%	$2.1M+31.5%	$1.6M
SG&A Expenses	$1.1B	$1.1B+24.6%	$914.3M-5.4%	$966.1M+23.3%	$783.8M+22.5%	$640.1M+20.4%	$531.8M+32.4%	$401.7M+33.1%	$301.9M+30.5%	$231.3M+33.4%	$173.3M+12.0%	$154.7M+43.4%	$107.9M+39.7%	$77.2M+42.1%	$54.4M
Operating Income	$648.5M	$567.2M-10.6%	$634.3M+40.5%	$451.3M+19.2%	$378.7M+49.3%	$253.6M+36.2%	$186.1M-17.7%	$226.2M+30.2%	$173.7M+33.9%	$129.7M+27.5%	$101.7M+195.5%	$34.4M+119.3%	$15.7M+65.8%	$9.5M	N/A
EBITDA	N/A	$743.5M-4.7%	$780.2M+38.0%	$565.2M+19.9%	$471.4M+47.0%	$320.8M+33.9%	$239.5M-10.8%	$268.4M+32.0%	$203.4M+36.4%	$149.1M+29.2%	$115.4M+163.1%	$43.9M+91.8%	$22.9M+52.8%	$15.0M	N/A
Interest Expense	$16.3M	$3.4M0.0%	$3.4M+78.9%	$1.9M-24.0%	$2.5M+78.6%	$1.4M+7268.4%	$19K-98.0%	$940K+22.7%	$766K-15.9%	$911K-12.1%	$1.0M-27.4%	$1.4M-58.3%	$3.4M-63.1%	$9.3M+32.9%	$7.0M
Income Tax	$196.4M	$166.0M+12.9%	$147.0M+11.7%	$131.6M+21.6%	$108.2M+80.3%	$60.0M+41.2%	$42.5M-6.7%	$45.5M+20.9%	$37.6M+786.6%	$4.2M-86.1%	$30.6M+143.2%	$12.6M+215.1%	$4.0M+404.2%	$792K+1042.9%	-$84K
Net Income	$487.6M	$453.4M-9.7%	$502.0M+47.3%	$340.8M+21.1%	$281.4M+43.6%	$196.0M+36.6%	$143.5M-20.6%	$180.6M+31.7%	$137.1M+11.0%	$123.5M+75.4%	$70.4M+236.2%	$20.9M+269.9%	$5.7M+842.3%	$601K+249.1%	-$403K
EPS (Basic)	N/A	$8.13-9.0%	$8.93+51.1%	$5.91+21.6%	$4.86+43.4%	$3.39+36.1%	$2.49-20.7%	$3.14+32.5%	$2.37+11.3%	$2.13+76.0%	$1.21+227.0%	$0.37+236.4%	$0.11+1000.0%	$0.01+200.0%	-$0.01
EPS (Diluted)	$9.40	$8.08-9.4%	$8.92+51.7%	$5.88+21.5%	$4.84+43.6%	$3.37+37.0%	$2.46-20.4%	$3.09+32.1%	$2.34+11.4%	$2.10+76.5%	$1.19+230.6%	$0.36+227.3%	$0.11+1000.0%	$0.01+200.0%	-$0.01
Diluted Shares (Avg)	N/A	56M-0.3%	56M-2.9%	58M-0.3%	58M0.0%	58M-0.2%	58M-0.2%	58M-0.3%	59M-0.4%	59M-0.3%	59M+1.8%	58M+11.7%	52M+7.9%	48M+7.3%	45M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$531.2M+9.8%	$571.9M+7.8%	$544.3M+10.2%	$493.3M+9.2%	$483.6M+10.5%	$530.5M+6.1%	$493.9M+13.6%	$451.9M+11.2%
Cost of Revenue	$89.1M+1.8%	$87.3M+3.2%	$87.9M+5.1%	$85.4M-3.4%	$87.5M+4.3%	$84.6M+7.5%	$83.6M+11.9%	$88.4M+28.2%
Gross Profit	$442.1M+11.6%	$484.5M+8.7%	$456.4M+11.3%	$407.9M+12.2%	$396.1M+12.0%	$445.9M+5.9%	$410.2M+14.0%	$363.6M+7.8%
R&D Expenses	$51.9M-30.6%	$60.7M-2.6%	$72.2M+8.2%	$74.1M+17.6%	$74.8M+19.9%	$62.3M+23.4%	$66.7M+20.5%	$63.0M+21.5%
SG&A Expenses	$273.6M-3.6%	$274.3M+5.2%	$299.2M+14.3%	$295.3M+14.1%	$283.8M+9.8%	$260.8M+92.6%	$261.7M+3.3%	$258.7M+7.6%
Operating Income	$168.5M+50.0%	$210.2M+13.6%	$157.2M+5.9%	$112.6M+7.3%	$112.3M+18.1%	$185.1M-35.2%	$148.5M+39.2%	$104.9M+8.3%
EBITDA	$194.1M+43.7%	$261.3M+16.1%	$247.2M+11.3%	$136.2M+8.6%	$135.1M+18.2%	$225.0M-29.3%	$222.2M+35.7%	$125.4M+11.5%
Interest Expense	$10.5M+1212.5%	$4.0M+400.0%	$700K-30.0%	$1.1M+37.5%	$800K0.0%	$800K0.0%	$1.0M+318.4%	$800K+260.4%
Income Tax	$49.5M+78.7%	$59.5M+16.9%	$45.3M+19.2%	$42.1M+20.3%	$27.7M-11.2%	$50.9M+18.9%	$38.0M+26.1%	$35.0M+30.5%
Net Income	$107.4M+20.0%	$155.7M+11.7%	$113.8M+0.3%	$110.7M+51.0%	$89.5M+31.6%	$139.4M-43.6%	$113.5M+38.8%	$73.3M-2.6%
EPS (Basic)	$2.34+47.2%	$3.05+22.5%	$2.07+2.0%	$1.97+50.4%	$1.59+32.5%	$2.49-43.0%	$2.03+42.0%	$1.31+0.8%
EPS (Diluted)	$2.34+48.1%	$3.04+22.6%	$2.06+1.5%	$1.96+49.6%	$1.58+31.7%	$2.48-43.2%	$2.03+43.0%	$1.31+0.8%
Diluted Shares (Avg)	46M-18.8%	51M-9.1%	N/A	56M+0.8%	57M-0.5%	56M-0.5%	N/A	56M-3.5%

PAYC Balance Sheet

PAYC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$7.6B+29.7%	$5.9B+39.6%	$4.2B+7.6%	$3.9B+21.4%	$3.2B+23.3%	$2.6B+4.9%	$2.5B+63.4%	$1.5B-1.8%	$1.6B+43.7%	$1.1B+23.0%	$876.7M+9.9%	$797.5M+38.6%	$575.5M	N/A
Current Assets	$5.8B+35.6%	$4.3B+53.0%	$2.8B+1.8%	$2.8B+22.7%	$2.3B+20.8%	$1.9B-0.3%	$1.9B+75.8%	$1.1B-9.5%	$1.2B+27.1%	$925.6M+21.6%	$761.1M+10.0%	$691.9M+44.8%	$477.7M	N/A
Cash & Equivalents	$370.0M-8.0%	$402.0M+36.7%	$294.0M-26.6%	$400.7M+44.1%	$278.0M+83.2%	$151.7M+13.5%	$133.7M+192.4%	$45.7M-0.8%	$46.1M-23.4%	$60.2M+18.6%	$50.7M+101.7%	$25.1M+88.2%	$13.4M-0.5%	$13.4M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.7M+21.4%	$1.4M0.0%	$1.4M-12.9%	$1.6M+42.1%	$1.1M-1.7%	$1.2M-0.6%	$1.2M+45.3%	$797K-18.6%	$979K+45.0%	$675K-38.2%	$1.1M+460.5%	$195K-66.3%	$578K	N/A
Accounts Receivable	$44.9M+14.5%	$39.2M+139.0%	$16.4M-28.2%	$22.8M+140.7%	$9.5M+3.9%	$9.1M-1.8%	$9.3M+172.3%	$3.4M+116.6%	$1.6M+17.7%	$1.3M-43.1%	$2.4M-15.7%	$2.8M+63.9%	$1.7M	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M	N/A
Total Liabilities	$5.9B+37.0%	$4.3B+48.0%	$2.9B+6.4%	$2.7B+17.2%	$2.3B+18.9%	$2.0B-0.4%	$2.0B+65.1%	$1.2B-6.4%	$1.3B+45.4%	$872.9M+12.2%	$778.3M+7.6%	$723.4M+26.8%	$570.4M	N/A
Current Liabilities	$5.4B+37.4%	$3.9B+54.1%	$2.5B+6.6%	$2.4B+19.4%	$2.0B+15.9%	$1.7B-2.0%	$1.8B+70.5%	$1.0B-9.8%	$1.1B+26.8%	$898.9M+23.6%	$727.5M+7.2%	$678.8M+40.5%	$483.0M	N/A
Non-Current Liabilities	$498.8M+32.2%	$377.2M+4.8%	$359.9M+5.0%	$342.9M+3.6%	$331.0M+41.3%	$234.2M+13.3%	$206.8M+30.5%	$158.5M+23.1%	$128.7M+103.7%	$63.2M+24.4%	$50.8M+14.0%	$44.6M-49.0%	$87.4M	N/A
Long-Term Debt	N/A	N/A	N/A	$29.0M+5.9%	$27.4M-6.0%	$29.1M-5.6%	$30.9M-5.4%	$32.6M-5.2%	$34.4M+19.9%	$28.7M+15.5%	$24.9M-4.9%	$26.1M+126.3%	$11.5M	N/A
Total Equity	$1.7B+9.9%	$1.6B+20.9%	$1.3B+10.2%	$1.2B+32.3%	$893.7M+36.3%	$655.6M+24.5%	$526.6M+57.3%	$334.8M+19.0%	$281.2M+36.7%	$205.7M+109.2%	$98.3M+32.6%	$74.1M+1357.7%	$5.1M-48.0%	$9.8M
Retained Earnings	$2.3B+19.5%	$1.9B+28.4%	$1.5B+22.8%	$1.2B+30.7%	$915.6M+27.2%	$719.6M+24.9%	$576.2M+45.6%	$395.6M+53.0%	$258.5M+267.0%	$70.4M+164.8%	$26.6M+369.9%	$5.7M+119.3%	-$29.3M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.2B+29.1%	$4.8B+5.4%	$7.6B+29.7%	$4.2B+21.6%	$4.0B-6.5%	$4.6B-3.4%	$5.9B+39.6%	$3.5B-9.4%
Current Assets	$3.5B+45.0%	$3.1B+2.8%	$5.8B+35.6%	$2.5B+28.5%	$2.4B-15.6%	$3.0B-9.3%	$4.3B+53.0%	$2.0B-22.8%
Cash & Equivalents	$198.0M-62.8%	$153.9M-70.4%	$370.0M-8.0%	$375.0M+15.1%	$532.2M+53.6%	$520.8M+40.3%	$402.0M+36.7%	$325.8M-32.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.7M+6.3%	$1.5M+7.1%	$1.7M+21.4%	$1.8M+35.2%	$1.6M+13.1%	$1.4M-22.5%	$1.4M0.0%	$1.3M+59.2%
Accounts Receivable	$53.5M+34.1%	$51.3M+63.9%	$44.9M+14.5%	$50.4M+144.9%	$39.9M+99.2%	$31.3M+56.5%	$39.2M+139.0%	$20.6M+32.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%	$51.9M0.0%
Total Liabilities	$4.6B+107.7%	$4.0B+40.4%	$5.9B+37.0%	$2.5B+25.0%	$2.2B-22.8%	$2.9B-13.3%	$4.3B+48.0%	$2.0B-16.7%
Current Liabilities	$3.2B+75.4%	$2.8B+14.4%	$5.4B+37.4%	$2.1B+25.2%	$1.8B-26.8%	$2.5B-15.6%	$3.9B+54.1%	$1.7B-19.8%
Non-Current Liabilities	$1.4B+265.1%	$1.2B+213.7%	$498.8M+32.2%	$457.3M+24.2%	$380.1M+5.8%	$373.2M+5.8%	$377.2M+4.8%	$368.2M+0.9%
Long-Term Debt	$900.0M	$675.0M	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$571.5M-68.3%	$811.7M-52.7%	$1.7B+9.9%	$1.7B+16.7%	$1.8B+26.3%	$1.7B+19.4%	$1.6B+20.9%	$1.5B+3.1%
Retained Earnings	$2.5B+19.8%	$2.4B+19.4%	$2.3B+19.5%	$2.2B+20.4%	$2.1B+18.9%	$2.0B+18.2%	$1.9B+28.4%	$1.8B+27.3%

PAYC Cash Flow Statement

PAYC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$801.5M	$678.9M+27.2%	$533.9M+10.1%	$485.0M+32.8%	$365.1M+14.3%	$319.4M+40.6%	$227.2M+1.3%	$224.3M+21.3%	$184.8M+42.0%	$130.1M+31.7%	$98.8M+130.0%	$43.0M+92.4%	$22.3M+31.5%	$17.0M+54.8%	$11.0M
Depreciation & Amortization	N/A	$176.3M+20.8%	$145.9M+28.1%	$113.9M+22.9%	$92.7M+37.9%	$67.2M+25.9%	$53.4M+26.4%	$42.2M+42.3%	$29.7M+52.9%	$19.4M+42.3%	$13.6M+44.7%	$9.4M+31.5%	$7.2M+30.6%	$5.5M-0.7%	$5.5M
Stock-Based Compensation	N/A	$118.7M+618.3%	-$22.9M-117.6%	$129.8M+36.8%	$94.9M-2.7%	$97.5M+8.2%	$90.1M+90.6%	$47.3M+29.2%	$36.6M+1.4%	$36.1M+74.1%	$20.7M+543.7%	$3.2M+352.1%	$712K-23.8%	$934K+85.7%	$503K
Capital Expenditures	$226.4M	$270.9M+40.4%	$192.9M+0.2%	$192.6M+45.1%	$132.7M+9.9%	$120.7M+28.3%	$94.1M+1.3%	$92.9M+55.1%	$59.9M+0.9%	$59.4M+35.6%	$43.8M+164.7%	$16.5M+16.0%	$14.3M-16.9%	$17.2M+187.7%	$6.0M
Free Cash Flow	$575.1M	$408.0M+19.6%	$341.0M+16.6%	$292.4M+25.8%	$232.4M+17.0%	$198.7M+49.3%	$133.1M+1.4%	$131.3M+5.1%	$124.9M+76.5%	$70.8M+28.6%	$55.0M+108.2%	$26.4M+227.5%	$8.1M+4301.6%	-$192K-103.8%	$5.0M
Investing Cash Flow	-$100.5M	-$611.2M-2653.2%	-$22.2M+88.7%	-$196.7M-744.2%	-$23.3M+91.0%	-$257.7M-118.6%	-$117.9M+46.3%	-$219.5M-344.3%	-$49.4M-417.2%	$15.6M+107.6%	-$204.9M	N/A	N/A	N/A	N/A
Financing Cash Flow	$474.8M	$1.0B-7.8%	$1.1B+503.6%	-$274.6M-207.9%	$254.6M+53.6%	$165.7M+199.9%	-$165.9M-125.5%	$650.7M+362.6%	-$247.8M-270.1%	$145.7M+26.1%	$115.5M	N/A	N/A	N/A	N/A
Dividends Paid	$77.4M	$84.8M0.0%	$84.8M+30.9%	$64.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$5.4M+3323.4%	$158K
Share Buybacks	N/A	$325.5M+165.1%	$122.8M-57.2%	$286.6M+202.6%	$94.7M	N/A	$52.0M	N/A	$105.2M+84.9%	$56.9M+60.0%	$35.6M	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$213.8M+74.5%	$213.8M+17.2%	$196.1M+22.3%	$177.8M+91.6%	$122.5M-7.3%	$182.5M+22.8%	$160.4M+19.3%	$92.8M-5.9%
Depreciation & Amortization	$25.6M+12.3%	$51.1M+28.1%	$49.4M+24.4%	$23.6M+15.1%	$22.8M+18.8%	$39.9M+22.8%	$39.7M+28.3%	$20.5M+31.3%
Stock-Based Compensation	$17.6M-54.2%	$14.1M-36.5%	N/A	N/A	$38.4M	$22.2M+123.7%	N/A	N/A
Capital Expenditures	$23.7M-61.6%	$31.2M-17.2%	$73.5M+43.0%	$98.0M+103.3%	$61.7M+35.3%	$37.7M-21.0%	$51.4M-9.7%	$48.2M-7.8%
Free Cash Flow	$190.1M+212.7%	$182.6M+26.1%	$122.6M+12.5%	$79.8M+78.9%	$60.8M-29.7%	$144.8M+43.5%	$109.0M+40.6%	$44.6M-3.7%
Investing Cash Flow	-$23.7M+87.2%	-$30.8M+91.9%	$48.0M+186.2%	-$94.0M-146.1%	-$185.3M-730.3%	-$379.9M-998.1%	-$55.7M+8.8%	-$38.2M+26.9%
Financing Cash Flow	$235.1M+134.7%	-$2.9B-100.5%	$3.2B+45.2%	-$38.7M+95.8%	-$677.2M-26.2%	-$1.5B-486.1%	$2.2B+1247.5%	-$928.9M-356.8%
Dividends Paid	$17.8M-18.3%	$17.7M-16.1%	$20.7M-1.9%	$21.2M-0.5%	$21.8M+2.8%	$21.1M-0.5%	$21.1M-1.6%	$21.3M-1.6%
Share Buybacks	$335.4M	$1.1B	$106.6M	N/A	N/A	N/A	$0-100.0%	$42.0M

PAYC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PAYC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	83.2%+0.9pp	82.2%-1.5pp	83.7%-0.8pp	84.5%-0.1pp	84.7%-0.7pp	85.3%+0.2pp	85.1%+1.1pp	84.0%+0.6pp	83.4%-0.2pp	83.6%-0.6pp	84.2%+2.3pp	81.9%+1.3pp	80.6%+1.8pp	78.7%
Operating Margin	27.7%-6.0pp	33.7%+7.0pp	26.7%-0.9pp	27.5%+3.5pp	24.0%+1.9pp	22.1%-8.5pp	30.7%0.0pp	30.7%+0.7pp	29.9%-1.0pp	30.9%+15.6pp	15.3%+4.9pp	10.4%+1.6pp	8.8%	N/A
Net Margin	22.1%-4.6pp	26.7%+6.5pp	20.1%-0.3pp	20.5%+1.9pp	18.6%+1.5pp	17.1%-7.4pp	24.5%+0.3pp	24.2%-4.3pp	28.5%+7.1pp	21.4%+12.1pp	9.3%+5.6pp	3.8%+3.2pp	0.6%+1.1pp	-0.5%
Return on Equity	26.2%-5.7pp	31.9%+5.7pp	26.2%+2.4pp	23.8%+1.9pp	21.9%+0.1pp	21.9%-12.4pp	34.3%-6.7pp	40.9%-3.0pp	43.9%+9.7pp	34.2%+12.9pp	21.3%+13.7pp	7.6%-4.2pp	11.8%+15.9pp	-4.1%
Return on Assets	6.0%-2.6pp	8.6%+0.5pp	8.1%+0.9pp	7.2%+1.1pp	6.1%+0.6pp	5.5%-1.8pp	7.3%-1.8pp	9.0%+1.0pp	8.0%+1.4pp	6.5%+4.1pp	2.4%+1.7pp	0.7%+0.6pp	0.1%	N/A
Current Ratio	1.090.0x	1.100.0x	1.11-0.1x	1.160.0x	1.130.0x	1.090.0x	1.070.0x	1.030.0x	1.030.0x	1.030.0x	1.050.0x	1.020.0x	0.99	N/A
Debt-to-Equity	3.39+0.7x	2.72+0.5x	2.22+2.2x	0.020.0x	0.030.0x	0.040.0x	0.060.0x	0.100.0x	0.120.0x	0.14-0.1x	0.25-0.1x	0.35-1.9x	2.27	N/A
Asset Turnover	0.27-0.1x	0.32-0.1x	0.40+0.1x	0.350.0x	0.330.0x	0.320.0x	0.30-0.1x	0.37+0.1x	0.280.0x	0.310.0x	0.26+0.1x	0.190.0x	0.19	N/A
FCF Margin	19.9%+1.8pp	18.1%+0.9pp	17.3%+0.4pp	16.9%-1.9pp	18.8%+3.0pp	15.8%-2.0pp	17.8%-4.3pp	22.1%+5.7pp	16.3%-0.4pp	16.7%+5.0pp	11.8%+6.4pp	5.3%+5.5pp	-0.2%-6.7pp	6.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	83.2%+1.3pp	84.7%+0.7pp	83.9%+0.8pp	82.7%+2.2pp	81.9%+1.1pp	84.0%-0.2pp	83.0%+0.2pp	80.5%-2.6pp
Operating Margin	31.7%+8.5pp	36.8%+1.9pp	28.9%-1.2pp	22.8%-0.4pp	23.2%+1.5pp	34.9%-22.3pp	30.1%+5.5pp	23.2%-0.6pp
Net Margin	20.2%+1.7pp	27.2%+1.0pp	20.9%-2.1pp	22.4%+6.2pp	18.5%+3.0pp	26.3%-23.2pp	23.0%+4.2pp	16.2%-2.3pp
Return on Equity	18.8%+13.8pp	19.2%+11.1pp	6.6%-0.6pp	6.5%+1.5pp	5.0%+0.2pp	8.1%-9.1pp	7.2%+0.9pp	5.0%-0.3pp
Return on Assets	2.1%-0.2pp	3.2%+0.2pp	1.5%-0.4pp	2.6%+0.5pp	2.2%+0.6pp	3.0%-2.2pp	1.9%0.0pp	2.1%+0.2pp
Current Ratio	1.07-0.2x	1.08-0.1x	1.090.0x	1.220.0x	1.30+0.2x	1.20+0.1x	1.100.0x	1.190.0x
Debt-to-Equity	1.57+0.3x	0.83-0.8x	3.39+0.7x	1.48+0.1x	1.24-0.8x	1.66-0.6x	2.72+0.5x	1.38+1.4x
Asset Turnover	0.100.0x	0.120.0x	0.070.0x	0.120.0x	0.120.0x	0.120.0x	0.080.0x	0.130.0x
FCF Margin	35.8%+23.2pp	31.9%+4.6pp	22.5%+0.5pp	16.2%+6.3pp	12.6%-7.2pp	27.3%+7.1pp	22.1%+4.2pp	9.9%-1.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
PAYCOM SOFTWARE, INC. PAYC	FY2025	$2.1B	$453.4M	22.1%	$10.4B	63/100
Manhattan Associates Inc MANH	FY2025	$1.1B	$219.9M	20.3%	$11.8B	68/100
Dayforce, Inc. DAY	FY2024	$1.8B	$18.1M	1.0%	$11.2B	35/100
Dynatrace, Inc. DT	FY2026	$2.0B	$163.0M	8.1%	$17.3B	67/100
Full Truck Alliance Co. Ltd. YMM	FY2025	$1.8B	$637.6M	35.7%	$8.7B	78/100
ServiceTitan, Inc. TTAN	FY2026	$961.0M	-$159.9M	-16.6%	$6.9B	64/100

Where PAYCOM SOFTWARE, INC. Ranks

Frequently Asked Questions

What is PAYCOM SOFTWARE, INC.'s annual revenue?

PAYCOM SOFTWARE, INC. (PAYC) reported $2.1B in total revenue for fiscal year 2025. This represents a 8.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is PAYCOM SOFTWARE, INC.'s revenue growing?

PAYCOM SOFTWARE, INC. (PAYC) revenue grew by 8.9% year-over-year, from $1.9B to $2.1B in fiscal year 2025.

Is PAYCOM SOFTWARE, INC. profitable?

Yes, PAYCOM SOFTWARE, INC. (PAYC) reported a net income of $453.4M in fiscal year 2025, with a net profit margin of 22.1%.

What is PAYCOM SOFTWARE, INC.'s EBITDA?

PAYCOM SOFTWARE, INC. (PAYC) had EBITDA of $743.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is PAYCOM SOFTWARE, INC.'s gross margin?

PAYCOM SOFTWARE, INC. (PAYC) had a gross margin of 83.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is PAYCOM SOFTWARE, INC.'s operating margin?

PAYCOM SOFTWARE, INC. (PAYC) had an operating margin of 27.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is PAYCOM SOFTWARE, INC.'s net profit margin?

PAYCOM SOFTWARE, INC. (PAYC) had a net profit margin of 22.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does PAYCOM SOFTWARE, INC. pay dividends?

Yes, PAYCOM SOFTWARE, INC. (PAYC) paid $0.38 per share in dividends during fiscal year 2025.

What is PAYCOM SOFTWARE, INC.'s return on equity (ROE)?

PAYCOM SOFTWARE, INC. (PAYC) has a return on equity of 26.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is PAYCOM SOFTWARE, INC.'s free cash flow?

PAYCOM SOFTWARE, INC. (PAYC) generated $408.0M in free cash flow during fiscal year 2025. This represents a 19.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is PAYCOM SOFTWARE, INC.'s operating cash flow?

PAYCOM SOFTWARE, INC. (PAYC) generated $678.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are PAYCOM SOFTWARE, INC.'s total assets?

PAYCOM SOFTWARE, INC. (PAYC) had $7.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are PAYCOM SOFTWARE, INC.'s capital expenditures?

PAYCOM SOFTWARE, INC. (PAYC) invested $270.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does PAYCOM SOFTWARE, INC. spend on research and development?

PAYCOM SOFTWARE, INC. (PAYC) invested $283.4M in research and development during fiscal year 2025.

Does PAYCOM SOFTWARE, INC. buy back shares?

Yes, PAYCOM SOFTWARE, INC. (PAYC) spent $325.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does PAYCOM SOFTWARE, INC. have outstanding?

PAYCOM SOFTWARE, INC. (PAYC) had 54M shares outstanding as of fiscal year 2025.

What is PAYCOM SOFTWARE, INC.'s current ratio?

PAYCOM SOFTWARE, INC. (PAYC) had a current ratio of 1.09 as of fiscal year 2025, which is considered adequate.

What is PAYCOM SOFTWARE, INC.'s debt-to-equity ratio?

PAYCOM SOFTWARE, INC. (PAYC) had a debt-to-equity ratio of 3.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is PAYCOM SOFTWARE, INC.'s return on assets (ROA)?

PAYCOM SOFTWARE, INC. (PAYC) had a return on assets of 6.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is PAYCOM SOFTWARE, INC.'s P/E ratio?

PAYCOM SOFTWARE, INC. (PAYC) trades at 21.3x earnings, its market capitalization divided by net income of $487.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $10.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is PAYCOM SOFTWARE, INC.'s price-to-sales ratio?

PAYCOM SOFTWARE, INC. (PAYC) trades at 4.8x sales, its market capitalization divided by revenue of $2.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $10.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is PAYCOM SOFTWARE, INC.'s Altman Z-Score?

PAYCOM SOFTWARE, INC. (PAYC) has an Altman Z-Score of 2.07, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is PAYCOM SOFTWARE, INC.'s Piotroski F-Score?

PAYCOM SOFTWARE, INC. (PAYC) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are PAYCOM SOFTWARE, INC.'s earnings high quality?

PAYCOM SOFTWARE, INC. (PAYC) has an earnings quality ratio of 1.50x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can PAYCOM SOFTWARE, INC. cover its interest payments?

PAYCOM SOFTWARE, INC. (PAYC) has an interest coverage ratio of 166.82x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is PAYCOM SOFTWARE, INC.?

PAYCOM SOFTWARE, INC. (PAYC) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.