Paylocity Holding Corp PCTY

Latest FY: 2025 Technology Software - Application
Market Price $148.33
Market Cap $8.18B
P/E Ratio 36.90
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑13.7% YoY
$1.60B
3-Yr CAGR: 23.2%
Net Income ↑9.8% YoY
$227.13M
Net Margin: 14.2%
Free Cash Flow ↑10.5% YoY
$405.15M
FCF Yield: 4.95%
EPS (Diluted) ↑10.7% YoY
$4.02
Basic: $4.08
Return on Equity Efficiency
18.4%
ROA: 445.8%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (PCTY)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $230.7M $132.6M $-3.9M $-0.08 $33.0M $16.9M
FY 2017 $300.0M +30.0% $176.0M $6.7M +274.4% $0.12 +250.0% $62.0M $40.6M +140.3%
FY 2018 $377.5M +25.8% $228.3M $38.6M +474.5% $0.70 +483.3% $97.9M $76.2M +87.5%
FY 2019 $467.6M +23.9% $313.8M $53.8M +39.4% $0.97 +38.6% $115.0M $103.8M +36.2%
FY 2020 $561.3M +20.0% $379.3M $64.5M +19.8% $1.15 +18.6% $112.7M $96.1M -7.4%
FY 2021 $635.6M +13.2% $416.3M $70.8M +9.9% $1.26 +9.6% $124.8M $115.4M +20.1%
FY 2022 $852.7M +34.1% $565.6M $90.8M +28.2% $1.61 +27.8% $155.1M $137.0M +18.7%
FY 2023 $1,174.6M +37.8% $807.6M $140.8M +55.1% $2.49 +54.7% $282.7M $260.8M +90.4%
FY 2024 $1,402.5M +19.4% $960.8M $206.8M +46.8% $3.63 +45.8% $384.7M $366.6M +40.6%
FY 2025 $1,595.2M +13.7% $1,097.0M $227.1M +9.8% $4.02 +10.7% $418.2M $405.2M +10.5%
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Valuation

Market Price $148.33
Market Cap $8.18B
Enterprise Value $7.94B
P/E Ratio 36.90
P/B Ratio 6.44
FCF Yield 4.95%
Dividend Yield N/A
Shares Outstanding 53,544,100
%

Profitability & Margins

Gross Margin 68.77%
Operating Margin 19.06%
Net Margin 14.24%
Return on Equity (ROE) 18.41%
Return on Assets (ROA) 445.85%
Asset Turnover 31.31x
Revenue 3-Yr CAGR 23.22%
🛡️

Financial Health & Liquidity

Current Ratio 0.26
Cash Ratio 2.06
Debt / Equity 0.132
Debt / Assets 3.190
Cash & Equivalents $398.07M
Total Debt $162.50M
Book Value / Share $23.04
💧

Cash Flow Efficiency

Operating Cash Flow $418.23M
Capital Expenditures (CapEx) $13.07M
Free Cash Flow $405.15M
OCF / Revenue 26.22%
FCF / Revenue 25.40%
FCF 3-Yr CAGR 43.54%
🏷️

Per Share Metrics

EPS (Diluted) $4.02
EPS (Basic) $4.08
Dividends / Share N/A
Book Value / Share $23.04
EPS YoY Growth 10.74%
🏛️

Balance Sheet (FY 2025)

Total Assets $50.94M
Total Liabilities $193.08M
Stockholders' Equity $1.23B
Current Assets $50.94M
Current Liabilities $193.08M