
Paylocity Holding (PCTY) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 1.4B | 1.2B | 852.7M | 635.6M | 561.3M |
Cost of Goods Sold | 441.7M | 367.0M | 287.0M | 219.3M | 182.0M |
Gross Profit | 960.8M | 807.6M | 565.6M | 416.3M | 379.3M |
Operating Expenses | 700.7M | 652.5M | 481.1M | 358.3M | 313.1M |
Operating Income | 260.1M | 155.0M | 84.6M | 58.0M | 66.2M |
Pre-tax Income | 277.0M | 158.6M | 83.6M | 57.1M | 67.1M |
Income Tax | 70.2M | 17.8M | -7.2M | -13.7M | 2.7M |
Net Income | 206.8M | 140.8M | 90.8M | 70.8M | 64.5M |
EPS (Diluted) | $3.63 | $2.49 | $1.61 | $1.26 | $1.15 |
Income Statement Trend
Paylocity Holding Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | 3.5B | 3.0B | 4.2B | 2.0B | 1.7B |
Non-Current Assets | 721.0M | 647.2M | 577.3M | 382.0M | 322.5M |
Total Assets | 4.2B | 3.7B | 4.8B | 2.4B | 2.0B |
Liabilities | |||||
Current Liabilities | 3.1B | 2.8B | 4.1B | 1.9B | 1.4B |
Non-Current Liabilities | 95.0M | 78.0M | 75.0M | 70.9M | 183.8M |
Total Liabilities | 3.2B | 2.9B | 4.2B | 1.9B | 1.6B |
Equity | |||||
Total Shareholders Equity | 1.0B | 842.9M | 613.5M | 476.9M | 392.9M |
Balance Sheet Composition
Paylocity Holding Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 206.8M | 140.8M | 90.8M | 70.8M | 64.5M |
Operating Cash Flow | 380.0M | 272.5M | 152.2M | 107.9M | 96.7M |
Investing Activities | |||||
Capital Expenditures | -18.0M | -21.9M | -18.1M | -9.5M | -16.6M |
Investing Cash Flow | -41.2M | -175.2M | -445.3M | 77.0M | -23.0M |
Financing Activities | |||||
Dividends Paid | - | - | - | - | - |
Financing Cash Flow | 122.4M | -1.5B | 2.1B | 168.1M | 93.2M |
Free Cash Flow | 305.9M | 215.8M | 102.5M | 86.8M | 70.4M |
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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
pcty | 9.8B | 44.29 | 8.14 | 19.70% | 14.65% | 14.09 |
Salesforce | 246.7B | 40.32 | 4.08 | 10.31% | 16.08% | 19.81 |
Intuit | 210.0B | 61.35 | 10.44 | 17.84% | 19.07% | 0.35 |
ServiceTitan | 9.7B | -12.54 | 6.67 | -17.61% | -28.07% | 11.12 |
Altair Engineering | 9.6B | 699.06 | 11.17 | 1.81% | 2.13% | 30.23 |
Elastic N.V | 9.0B | 168.80 | 9.70 | -12.98% | -7.29% | 64.17 |
Financial data is updated regularly. All figures are in the company's reporting currency.