What is Paylocity Holding Corporation's earnings per share (EPS)?

Paylocity Holding Corporation (PCTY) reported diluted earnings per share of $4.92 for fiscal year 2026. This represents a 22.4% 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.

Paylocity Holding Corporation (PCTY) Financials

PCTY

FY2026 annual

Revenue $1.8B +11.0% YoY

Net Income $269.7M +18.8% YoY

EPS (Diluted) $4.92 +22.4% YoY

Free Cash Flow $497.1M +22.7% YoY

Market Cap $8.2B as of Oct 10, 2026

Price / Sales 4.6x on $1.8B revenue, FY2026

Price / Earnings 30.3x on $269.7M net income, FY2026

Price / Book 6.7x on $1.2B equity, Q4 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 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PCTY SEC filings page.

Paylocity Holding Corporation (PCTY) reported $1.8B in revenue for fiscal year 2026, up 11.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 PCTY FY2026 2026-10-04

Paylocity converts rising revenue into widening operating margins and substantial cash generation while relying far less on conventional debt.

The economics are improving below the gross-profit line: from FY2024 through FY2026, gross margin stayed broadly flat while operating margin expanded from 18.5% to 21.8%. This points to better absorption of operating costs rather than a major change in the underlying economics of each revenue dollar.

FY2026 operating cash flow reached $533M against net income of $270M, so earnings converted into cash at nearly twice the reported profit. Free cash flow was $497M after $36M of capital spending, indicating that this cash profile does not require heavy reinvestment in physical assets.

Debt-to-equity dropped from 3.4x in FY2023 to 0.1x in FY2026, marking a pronounced shift away from conventional borrowing. Yet the FY2026 current ratio was 1.1x, meaning near-term assets only modestly exceeded near-term obligations despite the much lighter debt burden.

Financial Health Signals

Financial Health Score 75/100

Scored against operating companies for FY2026. 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 Paylocity Holding Corporation'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

Paylocity Holding Corporation has an operating margin of 21.8%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 82/100, reflecting efficient cost management and pricing power. This is up from 19.1% the prior year.

Growth

Paylocity Holding Corporation's revenue grew 11.0% year-over-year to $1.8B, a solid pace of expansion. This earns a growth score of 70/100.

Leverage

Paylocity Holding Corporation carries a low D/E ratio of 0.07, meaning only $0.07 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Paylocity Holding Corporation'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

Paylocity Holding Corporation converts 28.1% of revenue into free cash flow ($497.1M). This strong cash generation earns a score of 92/100.

Returns

Paylocity Holding Corporation earns a strong 22.1% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is up from 18.4% the prior year.

Altman Z-Score Grey Zone

2.37

Paylocity Holding Corporation scores 2.37, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($8.2B) relative to total liabilities ($3.7B). 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 Strong

7/9

Paylocity Holding Corporation passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.98x

For every $1 of reported earnings, Paylocity Holding Corporation generates $1.98 in operating cash flow ($533.3M OCF vs $269.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$444.7M

YoY+11.0%

QoQ-11.5%

5Y CAGR+21.6%

10Y CAGR+22.2%

Paylocity Holding Corporation generated $444.7M in revenue in Q4 2026. This represents an increase of 11.0% from the same quarter a year earlier. Against the prior quarter it is down 11.5%.

EBITDA

$148.6M

YoY+21.0%

QoQ-11.1%

5Y CAGR+36.0%

Paylocity Holding Corporation's EBITDA was $148.6M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 21.0% from the same quarter a year earlier. Against the prior quarter it is down 11.1%.

Net Income

$60.3M

YoY+24.1%

QoQ-45.8%

5Y CAGR+38.4%

Paylocity Holding Corporation reported $60.3M in net income in Q4 2026. This represents an increase of 24.1% from the same quarter a year earlier. Against the prior quarter it is down 45.8%.

EPS (Diluted)

$1.11

YoY+27.6%

QoQ-45.9%

5Y CAGR+39.5%

Paylocity Holding Corporation earned $1.11 per diluted share (EPS) in Q4 2026. This represents an increase of 27.6% from the same quarter a year earlier. Against the prior quarter it is down 45.9%.

Cash & Balance Sheet

Free Cash Flow

$91.3M

YoY+12.5%

QoQ-56.4%

5Y CAGR+19.3%

Paylocity Holding Corporation generated $91.3M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 12.5% from the same quarter a year earlier. Against the prior quarter it is down 56.4%.

Cash & Debt

$271.9M

YoY-31.7%

QoQ-9.3%

5Y CAGR+6.1%

10Y CAGR+12.1%

Paylocity Holding Corporation held $271.9M in cash against $81.3M in long-term debt as of Q4 2026, with $3.4B of liabilities due within a year.

Shares Outstanding

53M

YoY-3.8%

QoQ-0.9%

5Y CAGR-0.6%

10Y CAGR+0.4%

Paylocity Holding Corporation had 53M shares outstanding in Q4 2026. This represents a decrease of 3.8% from the same quarter a year earlier. Against the prior quarter it is down 0.9%.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin

67.5%

YoY-0.3pp

QoQ-4.8pp

5Y change+2.8pp

10Y change+12.0pp

Paylocity Holding Corporation's gross margin was 67.5% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.8 percentage points.

Operating Margin

19.0%

YoY+2.4pp

QoQ-12.3pp

5Y change+13.6pp

10Y change+27.4pp

Paylocity Holding Corporation's operating margin was 19.0% in Q4 2026, reflecting core business profitability. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 12.3 percentage points.

Net Margin

13.6%

YoY+1.4pp

QoQ-8.6pp

5Y change+6.5pp

10Y change+22.6pp

Paylocity Holding Corporation's net profit margin was 13.6% in Q4 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.6 percentage points.

Return on Equity

4.9%

YoY+1.0pp

QoQ-4.5pp

5Y change+2.5pp

10Y change+9.5pp

Paylocity Holding Corporation's ROE was 4.9% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.5 percentage points.

Capital Allocation

R&D Spending

$55.5M

YoY+8.8%

QoQ+5.7%

5Y CAGR+22.3%

Paylocity Holding Corporation invested $55.5M in research and development in Q4 2026. This represents an increase of 8.8% from the same quarter a year earlier. Against the prior quarter it is up 5.7%.

Share Buybacks

$48.1M

YoY-17.8%

QoQ-3.8%

Paylocity Holding Corporation spent $48.1M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 17.8% from the same quarter a year earlier. Against the prior quarter it is down 3.8%.

Capital Expenditures

$20.6M

YoY+278.7%

QoQ+146.9%

5Y CAGR+73.7%

10Y CAGR+16.9%

Paylocity Holding Corporation invested $20.6M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 278.7% from the same quarter a year earlier. Against the prior quarter it is up 146.9%.

PCTY 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.

PCTY quarterly income statement

Metric	FY2610-K	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	$1.8B+11.0%	$1.6B+13.7%	$1.4B+19.4%	$1.2B+37.8%	$852.7M+34.1%	$635.6M+13.2%	$561.3M+20.0%	$467.6M+23.9%	$377.5M+25.8%	$300.0M+30.0%	$230.7M+51.1%	$152.7M+40.5%	$108.7M+40.6%	$77.3M+40.3%	$55.1M
Cost of Revenue	$545.8M+9.6%	$498.2M+12.8%	$441.7M+20.3%	$367.0M+27.9%	$287.0M+30.9%	$219.3M+20.5%	$182.0M+18.3%	$153.9M+3.1%	$149.2M+20.3%	$124.0M+26.4%	$98.1M+38.4%	$70.9M+28.7%	$55.1M+38.9%	$39.7M+36.3%	$29.1M
Gross Profit	$1.2B+11.7%	$1.1B+14.2%	$960.8M+19.0%	$807.6M+42.8%	$565.6M+35.9%	$416.3M+9.8%	$379.3M+20.9%	$313.8M+37.4%	$228.3M+29.7%	$176.0M+32.7%	$132.6M+62.1%	$81.8M+52.6%	$53.6M+42.4%	$37.6M+44.7%	$26.0M
R&D Expenses	$221.4M+7.5%	$205.9M+15.4%	$178.3M+8.7%	$164.0M+59.4%	$102.9M+34.2%	$76.7M+22.2%	$62.8M+24.7%	$50.3M+33.7%	$37.6M+29.4%	$29.1M+8.8%	$26.7M+34.6%	$19.9M+91.8%	$10.4M+51.7%	$6.8M+281.7%	$1.8M
SG&A Expenses	$224.2M+5.3%	$212.9M+13.6%	$187.4M-2.3%	$191.8M+17.2%	$163.7M+36.7%	$119.8M+13.8%	$105.2M+11.2%	$94.6M+19.4%	$79.3M+27.6%	$62.1M+30.5%	$47.6M+45.0%	$32.8M+49.3%	$22.0M+82.0%	$12.1M+40.2%	$8.6M
Operating Income	$386.0M+27.0%	$304.0M+16.9%	$260.1M+67.8%	$155.0M+83.3%	$84.6M+45.7%	$58.0M-12.3%	$66.2M+17.7%	$56.2M+252.5%	$15.9M+118.6%	$7.3M+305.5%	-$3.5M+74.5%	-$13.9M-98.4%	-$7.0M-22738.7%	$31K-98.9%	$2.8M
EBITDA	$497.8M+23.3%	$403.7M+20.0%	$336.5M+55.9%	$215.9M+60.1%	$134.8M+33.5%	$101.0M-2.9%	$104.1M+14.6%	$90.8M+96.7%	$46.2M+62.9%	$28.3M+174.4%	$10.3M+294.3%	-$5.3M-678.9%	-$682K-112.2%	$5.6M-24.2%	$7.4M
Income Tax	$117.6M+43.5%	$81.9M+16.6%	$70.2M+294.8%	$17.8M+347.8%	-$7.2M+47.6%	-$13.7M-615.0%	$2.7M-36.9%	$4.2M+119.3%	-$21.8M-3455.9%	$651K+267.8%	$177K+68.6%	$105K-58.8%	$255K+142.4%	-$602K-168.1%	$884K
Net Income	$269.7M+18.8%	$227.1M+9.8%	$206.8M+46.8%	$140.8M+55.1%	$90.8M+28.2%	$70.8M+9.9%	$64.5M+19.8%	$53.8M+39.4%	$38.6M+474.5%	$6.7M+274.4%	-$3.9M+72.4%	-$14.0M-96.5%	-$7.1M-1252.4%	$617K-63.4%	$1.7M
EPS (Basic)	$4.99+22.3%	$4.08+10.9%	$3.68+45.5%	$2.53+53.3%	$1.65+26.9%	$1.30+8.3%	$1.20+17.6%	$1.02+37.8%	$0.74+469.2%	$0.13+262.5%	-$0.08+71.4%	-$0.28-7.7%	-$0.26-271.4%	-$0.07-450.0%	$0.02
EPS (Diluted)	$4.92+22.4%	$4.02+10.7%	$3.63+45.8%	$2.49+54.7%	$1.61+27.8%	$1.26+9.6%	$1.15+18.6%	$0.97+38.6%	$0.70+483.3%	$0.12+250.0%	-$0.08+71.4%	-$0.28	-$0.26-271.4%	-$0.07-450.0%	$0.02
Diluted Shares (Avg)	55M-3.1%	57M-0.7%	57M+0.7%	57M+0.3%	56M+0.2%	56M+0.9%	56M+0.7%	55M+1.0%	55M+1.5%	54M+6.2%	51M+1.6%	50M	37M+14.8%	32M-27.8%	44M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$444.7M+11.0%	$502.3M+10.5%	$416.1M+10.4%	$408.2M+12.5%	$400.7M+12.2%	$454.5M+13.3%	$377.0M+15.5%	$363.0M+14.3%
Cost of Revenue	$144.3M+12.0%	$139.1M+7.1%	$134.0M+7.6%	$128.4M+11.7%	$128.9M+10.3%	$129.9M+12.0%	$124.5M+16.0%	$115.0M+13.3%
Gross Profit	$300.4M+10.5%	$363.2M+11.9%	$282.1M+11.8%	$279.8M+12.8%	$271.9M+13.1%	$324.7M+13.8%	$252.4M+15.3%	$248.0M+14.7%
R&D Expenses	$55.5M+8.8%	$52.5M+2.2%	$57.7M+2.8%	$55.6M+17.7%	$51.0M+15.5%	$51.4M+18.5%	$56.2M+21.7%	$47.3M+6.0%
SG&A Expenses	$56.7M+5.6%	$58.0M+6.4%	$55.9M-1.0%	$53.6M+11.3%	$53.7M+18.7%	$54.5M+11.5%	$56.5M+30.4%	$48.2M-3.5%
Operating Income	$84.4M+27.5%	$157.0M+23.6%	$70.4M+51.0%	$74.2M+15.7%	$66.2M+5.3%	$127.0M+19.5%	$46.6M-6.2%	$64.1M+55.7%
EBITDA	$148.6M+21.0%	$167.1M+21.3%	$80.5M+40.1%	$101.7M+18.6%	$122.8M+15.3%	$137.8M+20.5%	$57.5M+0.1%	$85.7M+47.0%
Income Tax	$24.9M+36.7%	$45.8M+30.5%	$20.0M+113.7%	$26.9M+39.4%	$18.2M-7.5%	$35.1M+38.7%	$9.4M-39.2%	$19.3M+95.1%
Net Income	$60.3M+24.1%	$111.3M+21.6%	$50.2M+34.0%	$48.0M-3.2%	$48.6M-0.4%	$91.5M+7.2%	$37.5M-1.7%	$49.6M+43.6%
EPS (Basic)	$1.13+28.4%	$2.07+26.2%	$0.93+38.8%	$0.87-2.2%	$0.88+1.1%	$1.64+8.6%	$0.67-1.5%	$0.89+43.5%
EPS (Diluted)	$1.11+27.6%	$2.05+27.3%	$0.92+39.4%	$0.86-2.3%	$0.87+1.2%	$1.61+7.3%	$0.66-1.5%	$0.88+44.3%
Diluted Shares (Avg)	N/A	54M-4.4%	55M-3.5%	56M-0.7%	N/A	57M-0.5%	57M-0.2%	56M-1.1%

Not reported in any period shown, so not listed: Interest Expense.

PCTY Balance Sheet

PCTY quarterly balance sheet

Metric	FY2610-K	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	$4.9B+11.3%	$4.4B+3.4%	$4.2B+14.9%	$3.7B-23.2%	$4.8B+99.1%	$2.4B+21.6%	$2.0B+10.1%	$1.8B+19.7%	$1.5B+32.5%	$1.1B-18.2%	$1.4B+93.0%	$720.5M+36.4%	$528.2M+39.8%	$377.9M	N/A
Current Assets	$3.7B+12.4%	$3.3B-6.0%	$3.5B+15.6%	$3.0B-28.0%	$4.2B+108.2%	$2.0B+22.2%	$1.7B+4.2%	$1.6B+15.8%	$1.4B+29.7%	$1.1B-20.4%	$1.3B+96.7%	$678.8M+35.7%	$500.3M+36.4%	$366.7M	N/A
Cash & Equivalents	$271.9M-31.7%	$398.1M-0.9%	$401.8M+39.1%	$288.8M+106.6%	$139.8M-30.9%	$202.3M-19.4%	$250.9M+89.4%	$132.5M-3.4%	$137.2M+32.6%	$103.5M+19.6%	$86.5M+6.4%	$81.3M+3.1%	$78.8M+938.3%	$7.6M-15.9%	$9.0M
Short-Term Investments	$0	$0	$0	$0	$0-100.0%	$4.5M-87.1%	$34.6M+17.9%	$29.3M+3904.6%	$732K	$0	$0	$0	$0	$0	$0
Accounts Receivable	$50.1M+20.3%	$41.6M+26.2%	$33.0M+31.5%	$25.1M+59.2%	$15.8M+151.4%	$6.3M+27.3%	$4.9M+13.0%	$4.4M+26.2%	$3.5M+69.3%	$2.0M+21.4%	$1.7M+50.8%	$1.1M+47.5%	$756K+2.2%	$740K	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$379.0M+10.5%	$343.1M+215.0%	$108.9M+6.7%	$102.1M+0.1%	$101.9M+203.0%	$33.6M+55.4%	$21.7M+125.8%	$9.6M0.0%	$9.6M+59.8%	$6.0M0.0%	$6.0M0.0%	$6.0M+97.8%	$3.0M	N/A	N/A
Total Liabilities	$3.7B+16.1%	$3.2B-1.8%	$3.2B+12.6%	$2.9B-32.0%	$4.2B+116.5%	$1.9B+21.7%	$1.6B+6.5%	$1.5B+15.5%	$1.3B+30.8%	$989.8M-22.1%	$1.3B+107.4%	$613.0M+40.3%	$437.0M+18.8%	$367.9M	N/A
Current Liabilities	$3.4B+17.7%	$2.9B-6.8%	$3.1B+12.3%	$2.8B-32.7%	$4.1B+120.7%	$1.9B+32.5%	$1.4B-3.2%	$1.5B+14.6%	$1.3B+30.4%	$974.8M-23.0%	$1.3B+107.8%	$609.5M+40.7%	$433.1M+18.9%	$364.4M	N/A
Non-Current Liabilities	$242.7M-3.1%	$250.4M+163.5%	$95.0M+21.8%	$78.0M+4.0%	$75.0M+5.7%	$70.9M-61.4%	$183.8M+360.3%	$39.9M+66.9%	$23.9M+59.3%	$15.0M+206.9%	$4.9M+40.6%	$3.5M-10.5%	$3.9M+10.4%	$3.5M	N/A
Long-Term Debt	$81.3M-50.0%	$162.5M	$0	N/A	N/A	N/A	$100.0M	N/A	N/A	N/A	N/A	N/A	N/A	$938K	N/A
Total Equity	$1.2B-1.0%	$1.2B+19.4%	$1.0B+22.6%	$842.9M+37.4%	$613.5M+28.6%	$476.9M+21.4%	$392.9M+27.6%	$308.0M+44.7%	$212.8M+44.2%	$147.6M+23.5%	$119.6M+11.1%	$107.6M+18.0%	$91.1M+442.7%	-$26.6M+3.8%	-$27.6M
Retained Earnings	$1.2B+30.0%	$900.6M+33.7%	$673.5M+44.3%	$466.7M+43.2%	$325.9M+38.6%	$235.1M+43.1%	$164.3M+64.6%	$99.8M+1594.7%	-$6.7M+85.3%	-$45.3M+12.9%	-$52.0M-8.0%	-$48.1M-40.9%	-$34.2M-26.3%	-$27.1M	N/A

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$4.9B+11.3%	$5.4B+5.3%	$7.0B+31.7%	$4.2B+5.3%	$4.4B+3.4%	$5.2B+4.3%	$5.3B+17.8%	$4.0B+10.4%
Current Assets	$3.7B+12.4%	$4.4B+6.2%	$5.9B+39.1%	$3.2B-4.0%	$3.3B-6.0%	$4.1B-3.4%	$4.2B+11.3%	$3.3B+10.5%
Cash & Equivalents	$271.9M-31.7%	$299.7M-37.3%	$162.5M-66.3%	$165.2M-78.8%	$398.1M-0.9%	$477.8M-3.0%	$482.4M+31.5%	$778.5M+155.2%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$50.1M+20.3%	$48.4M+10.9%	$44.0M+1.2%	$41.7M+21.6%	$41.6M+26.2%	$43.6M+29.4%	$43.5M+33.9%	$34.3M+14.0%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$379.0M+10.5%	$343.2M+0.1%	$343.2M+0.1%	$343.2M+215.2%	$343.1M+215.0%	$342.8M+215.9%	$342.9M+213.0%	$108.9M+6.7%
Total Liabilities	$3.7B+16.1%	$4.3B+7.7%	$5.9B+42.5%	$3.1B+7.3%	$3.2B-1.8%	$4.0B+2.7%	$4.1B+17.6%	$2.9B+6.0%
Current Liabilities	$3.4B+17.7%	$4.0B+11.4%	$5.7B+53.2%	$2.9B+17.8%	$2.9B-6.8%	$3.6B-3.7%	$3.7B+8.3%	$2.5B-6.4%
Non-Current Liabilities	$242.7M-3.1%	$225.8M-32.4%	$196.4M-52.8%	$187.3M-55.2%	$250.4M+163.5%	$334.2M+278.0%	$416.0M+400.7%	$418.2M+410.5%
Long-Term Debt	$81.3M-50.0%	$81.3M-66.7%	$81.3M-75.0%	$81.3M-75.0%	$162.5M	$243.8M	$325.0M	$325.0M
Total Equity	$1.2B-1.0%	$1.2B-2.3%	$1.1B-6.3%	$1.1B-0.2%	$1.2B+19.4%	$1.2B+9.9%	$1.2B+18.8%	$1.1B+23.9%
Retained Earnings	$1.2B+30.0%	$1.1B+30.3%	$998.8M+31.3%	$948.6M+31.2%	$900.6M+33.7%	$852.0M+36.4%	$760.5M+41.0%	$723.0M+44.3%

Not reported in any period shown, so not listed: Inventory.

PCTY Cash Flow Statement

PCTY quarterly cash flow statement

Metric	FY2610-K	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	$533.3M+27.5%	$418.2M+8.7%	$384.7M+36.1%	$282.7M+82.3%	$155.1M+24.2%	$124.8M+10.8%	$112.7M-2.1%	$115.0M+17.5%	$97.9M+57.9%	$62.0M+87.9%	$33.0M+197.1%	$11.1M+54.3%	$7.2M+15.6%	$6.2M-27.3%	$8.6M
Depreciation & Amortization	$111.8M+12.2%	$99.6M+30.4%	$76.4M+25.6%	$60.9M+21.2%	$50.2M+16.9%	$43.0M+13.3%	$37.9M+9.7%	$34.6M+14.4%	$30.2M+43.6%	$21.0M+51.6%	$13.9M+61.1%	$8.6M+35.9%	$6.3M+13.7%	$5.6M+20.5%	$4.6M
Stock-Based Compensation	$138.7M-2.9%	$142.8M-2.2%	$146.0M-0.9%	$147.3M+53.1%	$96.2M+52.6%	$63.1M+32.8%	$47.5M+22.5%	$38.8M+27.7%	$30.4M+13.5%	$26.7M+52.2%	$17.6M+33.4%	$13.2M+167.2%	$4.9M+842.4%	$523K+157.6%	$203K
Capital Expenditures	$36.2M+176.5%	$13.1M-27.5%	$18.0M-17.7%	$21.9M+21.3%	$18.1M+91.0%	$9.5M-42.9%	$16.6M+47.0%	$11.3M-48.0%	$21.7M+1.6%	$21.3M+32.7%	$16.1M+78.3%	$9.0M+35.3%	$6.7M+67.2%	$4.0M+15.7%	$3.4M
Free Cash Flow	$497.1M+22.7%	$405.2M+10.5%	$366.6M+40.6%	$260.8M+90.4%	$137.0M+18.7%	$115.4M+20.1%	$96.1M-7.4%	$103.8M+36.2%	$76.2M+87.5%	$40.6M+140.3%	$16.9M+711.0%	$2.1M+291.9%	$532K-76.3%	$2.2M-56.2%	$5.1M
Investing Cash Flow	-$154.8M+66.0%	-$455.5M-347.1%	-$101.9M+53.7%	-$220.2M+54.1%	-$479.8M-1090.9%	$48.4M+199.3%	-$48.8M-12.5%	-$43.3M+75.8%	-$179.3M-374.0%	-$37.8M+94.4%	-$673.4M-238.1%	-$199.2M	N/A	N/A	N/A
Financing Cash Flow	$9.0M+102.8%	-$325.8M-330.1%	$141.6M+109.9%	-$1.4B-166.0%	$2.2B+674.5%	$280.5M+13307.2%	$2.1M-98.2%	$114.7M-58.3%	$275.2M+190.4%	-$304.3M-147.1%	$645.6M+238.9%	$190.5M	N/A	N/A	N/A
Share Buybacks	$398.1M+166.1%	$149.6M-0.2%	$150.0M	$0	$0	N/A	N/A	$35.0M	N/A	N/A	N/A	N/A	N/A	$162K-99.4%	$27.4M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$111.9M+29.3%	$217.9M+17.2%	$117.0M+115.9%	$86.5M-5.5%	$86.6M+8.3%	$186.0M+11.0%	$54.2M-27.8%	$91.5M+47.2%
Depreciation & Amortization	$29.2M+10.6%	$10.1M-5.9%	$10.1M-6.9%	$27.5M+27.4%	$26.5M+28.1%	$10.7M+33.7%	$10.8M+40.5%	$21.6M+25.9%
Stock-Based Compensation	N/A	$31.4M-11.1%	$42.2M-3.3%	$37.8M+12.8%	N/A	$35.3M+1.1%	$43.7M+1.1%	$33.5M-14.0%
Capital Expenditures	$20.6M+278.7%	$8.4M+261.7%	$3.4M+12.7%	$3.8M+63.1%	$5.4M-13.9%	$2.3M-58.4%	$3.0M+11.0%	$2.3M-32.6%
Free Cash Flow	$91.3M+12.5%	$209.5M+14.1%	$113.6M+121.9%	$82.7M-7.3%	$81.1M+10.2%	$183.7M+13.4%	$51.2M-29.2%	$89.1M+51.9%
Investing Cash Flow	-$101.1M+20.4%	-$26.2M+4.9%	-$9.8M+96.6%	-$17.7M-32.8%	-$127.0M-398.4%	-$27.6M-93.9%	-$287.6M-444.9%	-$13.3M-41.7%
Financing Cash Flow	-$671.5M+22.8%	-$1.7B-490.2%	$2.6B+128.2%	-$229.7M+27.8%	-$869.4M-10.6%	-$292.0M-198.1%	$1.2B+53.4%	-$318.3M-160.0%
Share Buybacks	$48.1M-17.8%	$50.0M-39.5%	$100.0M+1091.2%	$200.0M	$58.6M-61.0%	$82.7M	$8.4M	$0

Not reported in any period shown, so not listed: Dividends Paid.

PCTY 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.

PCTY quarterly financial ratios

Metric	FY2610-K	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	69.2%+0.4pp	68.8%+0.3pp	68.5%-0.2pp	68.8%+2.4pp	66.3%+0.8pp	65.5%-2.1pp	67.6%+0.5pp	67.1%+6.6pp	60.5%+1.8pp	58.7%+1.2pp	57.5%+3.9pp	53.6%+4.3pp	49.3%+0.6pp	48.7%+1.5pp	47.2%
Operating Margin	21.8%+2.7pp	19.1%+0.5pp	18.5%+5.3pp	13.2%+3.3pp	9.9%+0.8pp	9.1%-2.7pp	11.8%-0.2pp	12.0%+7.8pp	4.2%+1.8pp	2.4%+4.0pp	-1.5%+7.6pp	-9.1%-2.7pp	-6.5%-6.5pp	0.0%-5.0pp	5.0%
Net Margin	15.2%+1.0pp	14.2%-0.5pp	14.7%+2.7pp	12.0%+1.3pp	10.7%-0.5pp	11.1%-0.3pp	11.5%0.0pp	11.5%+1.3pp	10.2%+8.0pp	2.2%+3.9pp	-1.7%+7.5pp	-9.2%-2.6pp	-6.5%-7.3pp	0.8%-2.3pp	3.1%
Return on Equity	22.1%+3.7pp	18.4%-1.6pp	20.0%+3.3pp	16.7%+1.9pp	14.8%-0.1pp	14.8%-1.6pp	16.4%-1.1pp	17.5%-0.7pp	18.1%+13.6pp	4.5%+7.8pp	-3.2%+9.8pp	-13.0%-5.2pp	-7.8%	N/A	N/A
Return on Assets	5.5%+0.3pp	5.2%+0.3pp	4.9%+1.1pp	3.8%+1.9pp	1.9%-1.0pp	2.9%-0.3pp	3.3%+0.3pp	3.0%+0.4pp	2.6%+2.0pp	0.6%+0.9pp	-0.3%+1.7pp	-1.9%-0.6pp	-1.4%-1.5pp	0.2%	N/A
Current Ratio	1.09-0.1x	1.140.0x	1.130.0x	1.10+0.1x	1.03-0.1x	1.09-0.1x	1.18+0.1x	1.100.0x	1.080.0x	1.090.0x	1.05-0.1x	1.110.0x	1.16+0.1x	1.01	N/A
Debt-to-Equity	0.07-0.1x	0.13+0.1x	0.00-3.4x	3.38-3.5x	6.84+2.8x	4.06+3.8x	0.25-4.6x	4.86-1.2x	6.08-0.6x	6.71-3.9x	10.63+4.9x	5.70+0.9x	4.80	N/A	N/A
Asset Turnover	0.360.0x	0.360.0x	0.330.0x	0.32+0.1x	0.18-0.1x	0.260.0x	0.280.0x	0.260.0x	0.250.0x	0.26+0.1x	0.170.0x	0.210.0x	0.210.0x	0.20	N/A
FCF Margin	28.1%+2.7pp	25.4%-0.7pp	26.1%+3.9pp	22.2%+6.1pp	16.1%-2.1pp	18.1%+1.0pp	17.1%-5.1pp	22.2%+2.0pp	20.2%+6.6pp	13.6%+6.2pp	7.3%+6.0pp	1.4%+0.9pp	0.5%-2.4pp	2.9%-6.4pp	9.3%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	67.5%-0.3pp	72.3%+0.9pp	67.8%+0.8pp	68.5%+0.2pp	67.8%+0.5pp	71.4%+0.3pp	67.0%-0.1pp	68.3%+0.3pp
Operating Margin	19.0%+2.4pp	31.3%+3.3pp	16.9%+4.5pp	18.2%+0.5pp	16.5%-1.1pp	28.0%+1.5pp	12.4%-2.9pp	17.7%+4.7pp
Net Margin	13.6%+1.4pp	22.1%+2.0pp	12.1%+2.1pp	11.8%-1.9pp	12.1%-1.5pp	20.1%-1.1pp	9.9%-1.7pp	13.7%+2.8pp
Return on Equity	4.9%+1.0pp	9.4%+1.9pp	4.6%+1.4pp	4.3%-0.1pp	3.9%-0.8pp	7.6%-0.2pp	3.2%-0.7pp	4.5%+0.6pp
Return on Assets	1.2%+0.1pp	2.0%+0.3pp	0.7%0.0pp	1.1%-0.1pp	1.1%0.0pp	1.8%+0.1pp	0.7%-0.1pp	1.2%+0.3pp
Current Ratio	1.09-0.1x	1.08-0.1x	1.04-0.1x	1.07-0.2x	1.140.0x	1.130.0x	1.140.0x	1.32+0.2x
Debt-to-Equity	0.07-0.1x	0.07-0.1x	0.07-0.2x	0.07-0.2x	0.13+0.1x	0.20-3.3x	0.28-3.3x	0.29-2.8x
Asset Turnover	0.090.0x	0.090.0x	0.060.0x	0.100.0x	0.090.0x	0.090.0x	0.070.0x	0.090.0x
FCF Margin	20.5%+0.3pp	41.7%+1.3pp	27.3%+13.7pp	20.3%-4.3pp	20.2%-0.4pp	40.4%+0.1pp	13.6%-8.6pp	24.6%+6.1pp

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
Paylocity Holding Corporation PCTY	FY2026	$1.8B	$269.7M	15.2%	$8.2B	75/100
Pegasystems Inc PEGA	FY2025	$1.7B	$393.4M	22.5%	$5.9B	60/100
monday.com Ltd. MNDY	FY2025	$1.2B	$118.7M	9.6%	$3.8B	62/100
Elastic N.V. ESTC	FY2026	$1.7B	$367.8M	21.1%	$10.3B	56/100
Descartes Systems Group Inc DSGX	FY2026	$729.0M	$163.8M	22.5%	$7.1B	80/100
NICE Ltd NICE	FY2025	$2.9B	$612.1M	20.8%	$6.9B	72/100

Where Paylocity Holding Corporation Ranks

Frequently Asked Questions

What is Paylocity Holding Corporation's annual revenue?

Paylocity Holding Corporation (PCTY) reported $1.8B in total revenue for fiscal year 2026. This represents a 11.0% 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 Paylocity Holding Corporation's revenue growing?

Paylocity Holding Corporation (PCTY) revenue grew by 11.0% year-over-year, from $1.6B to $1.8B in fiscal year 2026.

Is Paylocity Holding Corporation profitable?

Yes, Paylocity Holding Corporation (PCTY) reported a net income of $269.7M in fiscal year 2026, with a net profit margin of 15.2%.

What is Paylocity Holding Corporation's EBITDA?

Paylocity Holding Corporation (PCTY) had EBITDA of $497.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Paylocity Holding Corporation have?

As of fiscal year 2026, Paylocity Holding Corporation (PCTY) had $271.9M in cash and equivalents against $81.3M in long-term debt.

What is Paylocity Holding Corporation's gross margin?

Paylocity Holding Corporation (PCTY) had a gross margin of 69.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Paylocity Holding Corporation's operating margin?

Paylocity Holding Corporation (PCTY) had an operating margin of 21.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Paylocity Holding Corporation's net profit margin?

Paylocity Holding Corporation (PCTY) had a net profit margin of 15.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Paylocity Holding Corporation's return on equity (ROE)?

Paylocity Holding Corporation (PCTY) has a return on equity of 22.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Paylocity Holding Corporation's free cash flow?

Paylocity Holding Corporation (PCTY) generated $497.1M in free cash flow during fiscal year 2026. This represents a 22.7% 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 Paylocity Holding Corporation's operating cash flow?

Paylocity Holding Corporation (PCTY) generated $533.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Paylocity Holding Corporation's total assets?

Paylocity Holding Corporation (PCTY) had $4.9B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Paylocity Holding Corporation's capital expenditures?

Paylocity Holding Corporation (PCTY) invested $36.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Paylocity Holding Corporation spend on research and development?

Paylocity Holding Corporation (PCTY) invested $221.4M in research and development during fiscal year 2026.

Does Paylocity Holding Corporation buy back shares?

Yes, Paylocity Holding Corporation (PCTY) spent $398.1M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Paylocity Holding Corporation have outstanding?

Paylocity Holding Corporation (PCTY) had 53M shares outstanding as of fiscal year 2026.

What is Paylocity Holding Corporation's current ratio?

Paylocity Holding Corporation (PCTY) had a current ratio of 1.09 as of fiscal year 2026, which is considered adequate.

What is Paylocity Holding Corporation's debt-to-equity ratio?

Paylocity Holding Corporation (PCTY) had a debt-to-equity ratio of 0.07 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Paylocity Holding Corporation's return on assets (ROA)?

Paylocity Holding Corporation (PCTY) had a return on assets of 5.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Paylocity Holding Corporation's P/E ratio?

Paylocity Holding Corporation (PCTY) trades at 30.3x earnings, its market capitalization divided by net income of $269.7M net income, FY2026. The market capitalization is $8.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Paylocity Holding Corporation's price-to-sales ratio?

Paylocity Holding Corporation (PCTY) trades at 4.6x sales, its market capitalization divided by revenue of $1.8B revenue, FY2026. The market capitalization is $8.2B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Paylocity Holding Corporation's Altman Z-Score?

Paylocity Holding Corporation (PCTY) has an Altman Z-Score of 2.37, 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 Paylocity Holding Corporation's Piotroski F-Score?

Paylocity Holding Corporation (PCTY) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. 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 Paylocity Holding Corporation's earnings high quality?

Paylocity Holding Corporation (PCTY) has an earnings quality ratio of 1.98x, 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.

How financially healthy is Paylocity Holding Corporation?

Paylocity Holding Corporation (PCTY) scores 75 out of 100 on our Financial Health Score, indicating strong 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.