PAYC logo
Paycom Software Inc.
PAYC
166.12 (0.89%) 1.47
Industrials
Professional Services
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. Its HCM solution provides a suite of applications in the areas of talent acquisition including applicant tracking background checks on-boarding e-verify and tax credit services; and time and labor management such as time and attendance scheduling time-off requests and labor allocation solutions. The company’s HCM solution also 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; and talent management applications that include employee self-service compensation budgeting performance management position management and Paycom learning. 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. Paycom Software Inc. was founded in 1998 and is based in Oklahoma City Oklahoma.

Quality Checklist 7/8

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
Quick Ratio > 1
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Market cap: $9.12(B)
EV: $8.83(B)
Total Equity: $1.71(B)
Earnings date: Feb-06-2026
P/E: 20.53
Forward P/E: 17.84
P/FCF: 22.69
P/S: 4.65
P/B: 5.24
EPS: $8.1
EPS (fwd): $9.3
FCF/share: $7.3
Revenue/share: $35.7
Book value/share: $31.7
ROIC: 27.5%
ROA: 11.7%
ROE: 28.5%
Debt/Equity: 0.05
Current Ratio: 1.20
Gross margin: 86.8%
Operating margin: 27.9%
Net margin: 22.7%
Dividend/share: $1.5
Div. yield: 0.90%

PAYC Valuation & Price Targets

Current Price
$166

Favorite Valuation Methods

More Valuation Methods

DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
DDM
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A

PEvaluation

19% overvalued
Low
$101
Mid
$134
High
$168
Current price
$166
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+19.19.310.120
FY+29.310.110.720
FY+310.111.312.412
FY+413.613.613.61
FY+514.814.814.81

Analyst Price Targets

26% undervalued
Low
$165
Mid
$209
High
$250
Current price
$166

Analyst Recommendations

Strong Buy0
Buy5
Hold15
Sell0
Strong Sell0

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Final Growth Rate
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$2.00(B)
Gross profit$1.74(B)
EBITDA$524.50(M)
Net income$453.20(M)
Gross margin86.8%
Operating margin27.9%
Net margin22.7%
Shares outstanding54.91(M)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$4.25(B)
Current assets$2.54(B)
Total liabilities$2.54(B)
Current liabilities$2.08(B)
Cash & Short-term inv.$375.00(M)
Long-term debt$0
Total intangibles$92.80(M)
PP&E$739.50(M)

Cash flow (TTM)

CFOCFICFF
FCF$394.40(M)
CapEx$-248.80(M)
Dividends paid$-85.20(M)
Stock issued$3.00(M)
Stock repurchased$-268.60(M)
Stock-based comp.$281.40(M)
Debt issued$0
Debt repaid$0

Per share data (TTM)

Price: $166
Revenue: $35.7 (4.7x | 21.5%) Gross profit: $31.6 (5.3x | 19.0%) Earnings: $8.09 (20.5x | 4.9%)
FCF: $7.32 (22.7x | 4.4%) Stock-based Comp.: $5.13 (32.4x | 3.1%) CapEx.: $4.53 (36.7x | 2.7%) Dividend: $1.50 (110.7x | 0.9%)
Total Assets: $77.3 (2.1x | 46.5%) Total Liabilities: $46.2 (3.6x | 27.8%) Book Value: $31.7 (5.2x | 19.1%) Cash & ST inv.: $6.83 (24.3x | 4.1%) Debt: $0.00 (N/A | 0.0%)
Earnings FY+1: $9.31 (17.8x | 5.6%) Earnings FY+2: $10.1 (16.5x | 6.1%) Earnings FY+3: $11.3 (14.8x | 6.8%) Earnings FY+4: $13.6 (12.3x | 8.2%) Earnings FY+5: $14.8 (11.2x | 8.9%)
FCF FY+1: $6.77 (24.5x | 4.1%) FCF FY+2: $8.40 (19.8x | 5.1%) FCF FY+3: $9.90 (16.8x | 6.0%) FCF FY+4: $12.5 (13.3x | 7.5%) FCF FY+5: $14.3 (11.6x | 8.6%)

Summary

Growth Estimates

Revenue

CAGR: 6.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$2.05(B)
FY+2(+8.8%)$2.23(B)
FY+3(+9.5%)$2.44(B)
FY+4(+2.4%)$2.50(B)
FY+5(+6.0%)$2.65(B)

Net Income

CAGR: 11.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$525.32(M)
FY+2(+7.7%)$565.68(M)
FY+3(+12.4%)$635.88(M)
FY+4(+16.8%)$743.00(M)
FY+5(+8.3%)$805.00(M)

EPS

CAGR: 12.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$9.31
FY+2(+8.3%)$10.08
FY+3(+11.7%)$11.26
FY+4(+20.4%)$13.56
FY+5(+9.2%)$14.81

FCF per share

CAGR: 20.5%
FY+1FY+2FY+3FY+4FY+5
FY+1$6.77
FY+2(+24.0%)$8.40
FY+3(+17.8%)$9.90
FY+4(+26.1%)$12.48
FY+5(+14.3%)$14.26

Historical Financials

Showing limited histrical data.
TTM (Y)TTM (Q)FYFQ
Income(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0500.0(M)1.0(B)1.5(B)2.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomeOther Non-operating IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0100.0(M)200.0(M)300.0(M)
Stock-based Comp. FCFCFONet IncomeD&AChange in Working CapitalCFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.01.0(B)2.0(B)3.0(B)4.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.04.06.08.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.020.040.060.080.0100.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%20%40%60%80%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%5%10%15%20%25%30%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.010.0(M)20.0(M)30.0(M)40.0(M)50.0(M)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.05.0(B)10.0(B)15.0(B)20.0(B)25.0(B)
Market Cap.

PAYC vs Peers

Similar Companies

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 11.87%
Institutions: 95.40%

Institutional ownership

10.31% Vanguard Group Inc7.13% Blackrock Inc.4.69% Polen Capital Manageme...4.26% FMR, LLC3.73% State Street Corporati...3.70% Harris Associates L.P.3.07% Geode Capital Manageme...3.04% BAILLIE GIFFORD & CO2.54% Sylebra Capital LLC2.47% First Trust Advisors L...50.46% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $55.39(M).

Congress members have bought between $0.00 - $0.00 worth of the company's stock, and sold between $0.00 - $0.00.

Insider transactions

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$3349002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$8.57(M)2025-06$0.00
$44.70(M)2025-05$0.00
$0.002025-04$0.00
$6030242025-03$0.00
$1.19(M)2025-02$0.00
$0.002025-01$0.00
$0.002024-12$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2025-09-121,500334,900223.3SMITH BRADLEY SCOTTChief Technology Officer
Grant2025-07-171,20000.0SMITH BRADLEY SCOTTChief Technology Officer
Sell2025-06-121,500374,938250.0SMITH BRADLEY SCOTTChief Technology Officer
Sell2025-06-0530,0007,956,832265.2RICHISON CHAD RChief Executive Officer
Sell2025-06-04890234,261263.2PECK RANDALLChief Operating Officer
Sell2025-05-1356,42614,568,094258.2RICHISON CHAD RChief Executive Officer
Sell2025-05-093,574911,406255.0RICHISON CHAD RChief Executive Officer
Sell2025-05-08120,00029,221,920243.5RICHISON CHAD RChief Executive Officer
Grant2025-05-051,09900.0WILLIAMS FELICIADirector
Grant2025-05-051,09900.0BINZ JOSEPH LEODirector
Grant2025-05-051,09900.0VEMULAPALLI ARCHANADirector
Grant2025-05-051,09900.0DUQUES HENRY CDirector
Grant2025-05-051,09900.0PETERS FREDERICK C IIDirector
Grant2025-05-051,09900.0TURNEY SHAREN JESTERDirector
Grant2025-05-051,09900.0WATTS JULIUS C JR.Director
Sell2025-03-133,000603,024201.0SMITH BRADLEY SCOTTChief Technology Officer
Sell2025-02-24500109,108218.2WATTS JULIUS C JR.Director
Grant2025-02-219,58900.0FOSTER ROBERT DChief Financial Officer
Grant2025-02-219,58900.0SMITH BRADLEY SCOTTOfficer
Grant2025-02-2111,39000.0VICKROY AMYOfficer
Grant2025-02-218,39000.0PECK RANDALLChief Operating Officer
Grant2025-02-2143,14800.0RICHISON CHAD RChief Executive Officer
Grant2025-02-2195900.0CLARK JASON D.Officer
Sell2025-02-213,600763,866212.2PECK RANDALLChief Operating Officer
Sell2025-02-181,500315,855210.6PETERS FREDERICK C IIDirector
Grant2025-02-112,52700.0SMITH BRADLEY SCOTTChief Technology Officer
Grant2025-02-104,52200.0SMITH BRADLEY SCOTTChief Technology Officer
Grant2025-02-104,00000.0VICKROY AMYOfficer
Grant2025-02-105,24300.0PECK RANDALLChief Operating Officer
Grant2025-02-107,23600.0BOELTE CRAIG EChief Financial Officer
Grant2025-02-102,71400.0CLARK JASON D.Officer
Grant2025-02-065,84100.0SMITH BRADLEY SCOTTChief Technology Officer
Grant2024-12-1024900.0BINZ JOSEPH LEODirector
Grant2024-12-041,20000.0RICHISON CHAD RChief Executive Officer
Grant2024-12-021,15000.0BOELTE CRAIG EChief Financial Officer
Grant2024-11-26100,00000.0RICHISON CHAD RChief Executive Officer

Congressional trading

$0.002025-12$0.00
$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$0.002025-06$0.00
$0.002025-05$0.00
$0.002025-04$0.00
$0.002025-03$0.00
$0.002025-02$0.00
$0.002025-01$0.00
$0.002024-12$0.00
DatePoliticianPartyChamberAmount ($)

Tools

Dividend Income

Investment Amount
Dividend Yield
What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

How to Use This Calculator?

Enter the dividend yield and the invested amount. Optionally, preload stock data to automatically fetch the dividend yield.

Required Investment

Dividend Yield
Desired Yearly Payout
Desired Quarterly Payout
Desired Monthly Payout
What is the Required Investment Calculator?

The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

How to Use This Calculator?

Enter the dividend yield and your desired dividend income. Optionally, preload stock data to automatically fetch the dividend yield.

Future Dividend Yield

Base Dividend
Current Price
Number of Years
Dividend Growth Rate
What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

How to Use This Calculator?

Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.