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Paycom Software, Inc. PAYC

NYSE · stock · Services-Prepackaged Software · website · IPO 2014-04-15 · LEI

Paycom Software, Inc. statistics & valuation

Market cap$6.2B
P / E13.6×
P / S3.0×
P / B3.6×
P / FCF15.1×
Dividend yield1.38%
Net margin22.1%
Return on equity26.2%
FCF margin19.9%
Return on capital25.4%
Graham number -64.6%$74.90

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($74.90); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.40% 28.50% 24.20% 24.50% 17.00% 18.60% 20.50% 20.10% 26.70% 22.10% 2016201720182019202020212022202320242025
Gross margin (%)
84.50% 83.70% 82.20% 83.20% 2016201720182019202020212022202320242025
Operating margin (%)
30.90% 30.00% 30.70% 30.70% 22.10% 24.00% 27.50% 26.60% 33.70% 27.60% 2016201720182019202020212022202320242025
Return on equity (%)
34.20% 43.90% 40.90% 34.30% 21.90% 21.90% 23.80% 26.20% 31.90% 26.20% 2016201720182019202020212022202320242025
Shares outstanding
59.0M 58.8M 58.6M 58.4M 58.3M 58.2M 58.2M 58.0M 56.3M 56.1M 2016201720182019202020212022202320242025
Net debt ($)
-$30.3M -$10.8M -$11.3M -$101.0M -$120.8M -$248.8M -$371.7M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.50% 8.00% 9.00% 7.30% 5.50% 6.10% 7.20% 8.10% 8.60% 6.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
16.70% 16.30% 22.10% 17.80% 15.80% 18.80% 16.90% 17.30% 18.10% 19.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.14× 0.13× 0.10× 0.06× 0.05× 0.03× 0.02× 2016201720182019202020212022202320242025
EPS ($)
$1.19 $2.10 $2.34 $3.09 $2.46 $3.37 $4.84 $5.88 $8.92 $8.08 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Paycom Software, Inc. trades at about 26.1× earnings — below its 10-year norm (10-year range 16.7×–154.4×, median 63.4×).

16.7× 154.4×

Shaded band = 10-year range (16.7×–154.4×); dot = today's 26.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin83.2%82.2%83.7%84.5%——————
Operating margin27.6%33.7%26.6%27.5%24.0%22.1%30.7%30.7%30.0%30.9%
Net margin22.1%26.7%20.1%20.5%18.6%17.0%24.5%24.2%28.5%21.4%
FCF margin19.9%18.1%17.3%16.9%18.8%15.8%17.8%22.1%16.3%16.7%
Return on assets6.0%8.6%8.1%7.2%6.1%5.5%7.3%9.0%8.0%6.5%
Return on equity26.2%31.9%26.2%23.8%21.9%21.9%34.3%40.9%43.9%34.2%
Debt / equity———0.02×0.03×0.05×0.06×0.10×0.13×0.14×
Current ratio1.091.101.111.161.131.091.071.031.031.03

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.