Stocks · Technology · Services-Prepackaged Software

Paycom Software, Inc.

PAYC Clue Score75
United States Fiscal year ends December CIK 0001590955
$235.01 +1.20% Close, 12 Oct 2026
Price $235.01 −53.87% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue329.1Operating income101.7Net income70.4EPS, diluted1.19Fiscal year 2017Revenue433.0 +31.6%Operating income129.7Net income123.5 +75.4%EPS, diluted2.10 +76.5%Fiscal year 2018Revenue566.3 +30.8%Operating income173.7Net income137.1 +11.0%EPS, diluted2.34 +11.4%Fiscal year 2019Revenue737.7 +30.3%Operating income226.2Net income180.6 +31.7%EPS, diluted3.09 +32.1%Fiscal year 2020Revenue841.4 +14.1%Operating income186.1Net income143.5 −20.6%EPS, diluted2.46 −20.4%Fiscal year 2021Revenue1,055.5 +25.4%Operating income253.6Net income196.0 +36.6%EPS, diluted3.37 +37.0%Fiscal year 2022Revenue1,375.2 +30.3%Operating income378.7Net income281.4 +43.6%EPS, diluted4.84 +43.6%Fiscal year 2023Revenue1,693.7 +23.2%Operating income451.3Net income340.8 +21.1%EPS, diluted5.88 +21.5%Fiscal year 2024Revenue1,883.2 +11.2%Operating income634.3Net income502.0 +47.3%EPS, diluted8.92 +51.7%Fiscal year 2025Revenue2,051.7 +8.9%Operating income567.2Net income453.4 −9.7%EPS, diluted8.08 −9.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 329.1 433.0 566.3 737.7 841.4 1,055.5 1,375.2 1,693.7 1,883.2 2,051.7
Growth +31.6% +30.8% +30.3% +14.1% +25.4% +30.3% +23.2% +11.2% +8.9%
Operating income 101.7 129.7 173.7 226.2 186.1 253.6 378.7 451.3 634.3 567.2
Net income 70.4 123.5 137.1 180.6 143.5 196.0 281.4 340.8 502.0 453.4
Growth +75.4% +11.0% +31.7% −20.6% +36.6% +43.6% +21.1% +47.3% −9.7%
EPS, diluted 1.19 2.10 2.34 3.09 2.46 3.37 4.84 5.88 8.92 8.08
Growth +76.5% +11.4% +32.1% −20.4% +37.0% +43.6% +21.5% +51.7% −9.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin30.9%Net margin21.4%Free cash flow margin16.7%Fiscal year 2017Operating margin30.0%Net margin28.5%Free cash flow margin16.3%Fiscal year 2018Operating margin30.7%Net margin24.2%Free cash flow margin22.1%Fiscal year 2019Operating margin30.7%Net margin24.5%Free cash flow margin17.8%Fiscal year 2020Operating margin22.1%Net margin17.0%Free cash flow margin15.8%Fiscal year 2021Operating margin24.0%Net margin18.6%Free cash flow margin18.8%Fiscal year 2022Gross margin84.5%Operating margin27.5%Net margin20.5%Free cash flow margin16.9%Fiscal year 2023Gross margin83.7%Operating margin26.6%Net margin20.1%Free cash flow margin17.3%Fiscal year 2024Gross margin82.2%Operating margin33.7%Net margin26.7%Free cash flow margin18.1%Fiscal year 2025Gross margin83.2%Operating margin27.6%Net margin22.1%Free cash flow margin19.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a n/a n/a n/a n/a 84.5% 83.7% 82.2% 83.2%
Operating margin 30.9% 30.0% 30.7% 30.7% 22.1% 24.0% 27.5% 26.6% 33.7% 27.6%
Net margin 21.4% 28.5% 24.2% 24.5% 17.0% 18.6% 20.5% 20.1% 26.7% 22.1%
Free cash flow margin 16.7% 16.3% 22.1% 17.8% 15.8% 18.8% 16.9% 17.3% 18.1% 19.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow98.8Capital expenditure−43.8Free cash flow55.0Buybacks−35.6Fiscal year 2017Operating cash flow130.1Capital expenditure−59.4Free cash flow70.8 +28.6%Buybacks−56.9Fiscal year 2018Operating cash flow184.8Capital expenditure−59.9Free cash flow124.9 +76.5%Buybacks−105.2Fiscal year 2019Operating cash flow224.3Capital expenditure−92.9Free cash flow131.3 +5.1%Fiscal year 2020Operating cash flow227.2Capital expenditure−94.1Free cash flow133.1 +1.4%Buybacks−52.0Fiscal year 2021Operating cash flow319.4Capital expenditure−120.7Free cash flow198.7 +49.3%Fiscal year 2022Operating cash flow365.1Capital expenditure−132.7Free cash flow232.4 +17.0%Buybacks−94.7Fiscal year 2023Operating cash flow485.0Capital expenditure−192.6Free cash flow292.4 +25.8%Buybacks−286.6Dividends paid−64.8Fiscal year 2024Operating cash flow533.9Capital expenditure−192.9Free cash flow341.0 +16.6%Buybacks−122.8Dividends paid−84.8Fiscal year 2025Operating cash flow678.9Capital expenditure−270.9Free cash flow408.0 +19.6%Buybacks−325.5Dividends paid−84.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 98.8 130.1 184.8 224.3 227.2 319.4 365.1 485.0 533.9 678.9
Capital expenditure −43.8 −59.4 −59.9 −92.9 −94.1 −120.7 −132.7 −192.6 −192.9 −270.9
Free cash flow 55.0 70.8 124.9 131.3 133.1 198.7 232.4 292.4 341.0 408.0
Growth +28.6% +76.5% +5.1% +1.4% +49.3% +17.0% +25.8% +16.6% +19.6%
Buybacks −35.6 −56.9 −105.2 n/a −52.0 n/a −94.7 −286.6 −122.8 −325.5
Dividends paid n/a n/a n/a n/a n/a n/a n/a −64.8 −84.8 −84.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash60.2Total debt29.8Net cash (debt)30.3Shareholders’ equity205.7Debt to equity0.14Fiscal year 2017Cash46.1Total debt35.3Net cash (debt)10.8Shareholders’ equity281.2Debt to equity0.13Fiscal year 2018Cash45.7Total debt34.4Net cash (debt)11.3Shareholders’ equity334.8Debt to equity0.10Fiscal year 2019Cash133.7Total debt32.6Net cash (debt)101.0Shareholders’ equity526.6Debt to equity0.06Fiscal year 2020Cash151.7Total debt30.9Net cash (debt)120.8Shareholders’ equity655.6Debt to equity0.05Fiscal year 2021Cash278.0Total debt29.2Net cash (debt)248.8Shareholders’ equity893.7Debt to equity0.03Fiscal year 2022Cash400.7Total debt29.0Net cash (debt)371.7Shareholders’ equity1,182.6Debt to equity0.02Fiscal year 2023Cash294.0Shareholders’ equity1,303.0Fiscal year 2024Cash402.0Shareholders’ equity1,575.9Fiscal year 2025Cash370.0Shareholders’ equity1,731.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 60.2 46.1 45.7 133.7 151.7 278.0 400.7 294.0 402.0 370.0
Total debt 29.8 35.3 34.4 32.6 30.9 29.2 29.0 n/a n/a n/a
Net cash (debt) 30.3 10.8 11.3 101.0 120.8 248.8 371.7 n/a n/a n/a
Shareholders’ equity 205.7 281.2 334.8 526.6 655.6 893.7 1,182.6 1,303.0 1,575.9 1,731.5
Debt to equity 0.14 0.13 0.10 0.06 0.05 0.03 0.02 n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a n/a n/a n/a 84.5% 83.7% 82.2% 83.2%
30.9% 30.0% 30.7% 30.7% 22.1% 24.0% 27.5% 26.6% 33.7% 27.6%
30.7% 29.5% 30.8% 30.6% 22.1% 24.2% 28.3% 27.9% 34.5% 30.2%
21.4% 28.5% 24.2% 24.5% 17.0% 18.6% 20.5% 20.1% 26.7% 22.1%
16.7% 16.3% 22.1% 17.8% 15.8% 18.8% 16.9% 17.3% 18.1% 19.9%
Spending
6.4% 7.0% 8.2% 9.9% 10.7% 11.2% 10.8% 11.7% 12.9% 13.8%
52.7% 53.4% 53.3% 54.5% 63.2% 60.6% 57.0% 57.0% 48.6% 55.5%
13.3% 13.7% 10.6% 12.6% 11.2% 11.4% 9.6% 11.4% 10.2% 13.2%
30.3% 3.3% 21.5% 20.1% 22.8% 23.4% 27.8% 27.9% 22.7% 26.8%
Returns
34.2% 43.9% 40.9% 34.3% 21.9% 21.9% 23.8% 26.2% 31.9% 26.2%
6.5% 8.0% 9.0% 7.3% 5.5% 6.1% 7.2% 8.1% 8.6% 6.0%
Balance and payout
0.14 0.13 0.10 0.06 0.05 0.03 0.02 n/a n/a n/a
n/a 81.9% 78.0% 78.8% 74.9% 72.2% 69.7% 69.0% 73.1% 77.2%
n/a n/a n/a n/a n/a n/a n/a 19.0% 16.9% 18.7%
64.6% 80.4% 84.2% n/a 39.1% n/a 40.7% 120.2% 60.9% 100.6%