Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.4B
Gross Profit 960.8M 68.50%
Operating Income 260.1M 18.54%
Net Income 206.8M 14.74%
EPS (Diluted) $3.63

Balance Sheet Metrics

Total Assets 4.2B
Total Liabilities 3.2B
Shareholders Equity 1.0B
Debt to Equity 3.11

Cash Flow Metrics

Operating Cash Flow 380.0M
Free Cash Flow 305.9M

Revenue & Profitability Trend

Paylocity Holding Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue1.4B1.2B852.7M635.6M561.3M
Cost of Goods Sold441.7M367.0M287.0M219.3M182.0M
Gross Profit960.8M807.6M565.6M416.3M379.3M
Operating Expenses700.7M652.5M481.1M358.3M313.1M
Operating Income260.1M155.0M84.6M58.0M66.2M
Pre-tax Income277.0M158.6M83.6M57.1M67.1M
Income Tax70.2M17.8M-7.2M-13.7M2.7M
Net Income206.8M140.8M90.8M70.8M64.5M
EPS (Diluted)$3.63$2.49$1.61$1.26$1.15

Income Statement Trend

Paylocity Holding Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets3.5B3.0B4.2B2.0B1.7B
Non-Current Assets721.0M647.2M577.3M382.0M322.5M
Total Assets4.2B3.7B4.8B2.4B2.0B
Liabilities
Current Liabilities3.1B2.8B4.1B1.9B1.4B
Non-Current Liabilities95.0M78.0M75.0M70.9M183.8M
Total Liabilities3.2B2.9B4.2B1.9B1.6B
Equity
Total Shareholders Equity1.0B842.9M613.5M476.9M392.9M

Balance Sheet Composition

Paylocity Holding Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income206.8M140.8M90.8M70.8M64.5M
Operating Cash Flow380.0M272.5M152.2M107.9M96.7M
Investing Activities
Capital Expenditures-18.0M-21.9M-18.1M-9.5M-16.6M
Investing Cash Flow-41.2M-175.2M-445.3M77.0M-23.0M
Financing Activities
Dividends Paid-----
Financing Cash Flow122.4M-1.5B2.1B168.1M93.2M
Free Cash Flow305.9M215.8M102.5M86.8M70.4M

Cash Flow Trend

Paylocity Holding Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 44.29
Forward P/E 24.71
Price to Book 8.14
Price to Sales 6.31
PEG Ratio 24.71

Profitability Ratios

Profit Margin 14.65%
Operating Margin 5.43%
Return on Equity 19.70%
Return on Assets 3.68%

Financial Health

Current Ratio 1.13
Debt to Equity 14.09
Beta 0.53

Per Share Data

EPS (TTM) $4.00
Book Value per Share $21.76
Revenue per Share $27.77

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
pcty9.8B44.298.1419.70%14.65%14.09
Salesforce 246.7B40.324.0810.31%16.08%19.81
Intuit 210.0B61.3510.4417.84%19.07%0.35
ServiceTitan 9.7B-12.546.67-17.61%-28.07%11.12
Altair Engineering 9.6B699.0611.171.81%2.13%30.23
Elastic N.V 9.0B168.809.70-12.98%-7.29%64.17

Financial data is updated regularly. All figures are in the company's reporting currency.