Paycom Software (PAYC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.9B
Gross Profit
1.5B
82.23%
Operating Income
634.3M
33.68%
Net Income
502.0M
26.66%
EPS (Diluted)
$8.92
Balance Sheet Metrics
Total Assets
5.9B
Total Liabilities
4.3B
Shareholders Equity
1.6B
Debt to Equity
2.72
Cash Flow Metrics
Operating Cash Flow
517.9M
Free Cash Flow
336.6M
Revenue & Profitability Trend
Paycom Software Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.9B | 1.7B | 1.4B | 1.1B | 841.4M |
| Cost of Goods Sold | 334.6M | 276.3M | 212.7M | 161.9M | 123.5M |
| Gross Profit | 1.5B | 1.4B | 1.2B | 893.6M | 717.9M |
| Operating Expenses | 835.6M | 904.7M | 734.0M | 604.3M | 504.2M |
| Operating Income | 634.3M | 451.3M | 378.7M | 253.6M | 186.1M |
| Pre-tax Income | 649.0M | 472.4M | 389.6M | 256.0M | 185.9M |
| Income Tax | 147.0M | 131.6M | 108.2M | 60.0M | 42.5M |
| Net Income | 502.0M | 340.8M | 281.4M | 196.0M | 143.5M |
| EPS (Diluted) | $8.92 | $5.88 | $4.84 | $3.37 | $2.46 |
Income Statement Trend
Paycom Software Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 4.3B | 2.8B | 2.8B | 2.3B | 1.9B |
| Non-Current Assets | 1.6B | 1.4B | 1.1B | 963.1M | 743.3M |
| Total Assets | 5.9B | 4.2B | 3.9B | 3.2B | 2.6B |
| Liabilities | |||||
| Current Liabilities | 3.9B | 2.5B | 2.4B | 2.0B | 1.7B |
| Non-Current Liabilities | 377.2M | 359.9M | 342.9M | 331.0M | 234.2M |
| Total Liabilities | 4.3B | 2.9B | 2.7B | 2.3B | 2.0B |
| Equity | |||||
| Total Shareholders Equity | 1.6B | 1.3B | 1.2B | 893.7M | 655.6M |
Balance Sheet Composition
Paycom Software Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 502.0M | 340.8M | 281.4M | 196.0M | 143.5M |
| Operating Cash Flow | 517.9M | 420.7M | 356.9M | 290.8M | 222.1M |
| Investing Activities | |||||
| Capital Expenditures | -192.9M | -192.5M | -132.7M | -120.7M | -94.1M |
| Investing Cash Flow | -17.8M | -192.5M | 94.3M | -383.6M | -141.7M |
| Financing Activities | |||||
| Dividends Paid | -84.8M | -64.8M | 0 | 0 | - |
| Financing Cash Flow | 1.1B | -274.7M | 254.6M | 165.7M | -165.9M |
| Free Cash Flow | 336.6M | 288.2M | 228.3M | 193.2M | 133.1M |
Cash Flow Trend
Paycom Software Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
33.02
Forward P/E
26.62
Price to Book
7.32
Price to Sales
6.80
PEG Ratio
26.62
Profitability Ratios
Profit Margin
20.60%
Operating Margin
34.89%
Return on Equity
24.99%
Return on Assets
5.59%
Financial Health
Current Ratio
1.20
Debt to Equity
4.75
Beta
0.82
Per Share Data
EPS (TTM)
$7.03
Book Value per Share
$31.71
Revenue per Share
$34.14
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| payc | 13.0B | 33.02 | 7.32 | 24.99% | 20.60% | 4.75 |
| Salesforce | 251.8B | 41.22 | 4.16 | 10.31% | 16.08% | 19.81 |
| Intuit | 211.8B | 61.82 | 10.53 | 17.84% | 19.07% | 0.35 |
| Uber Technologies | 191.4B | 16.03 | 8.71 | 69.38% | 27.07% | 48.57 |
| Adobe | 160.6B | 24.16 | 14.09 | 52.25% | 30.39% | 57.33 |
| Applovin | 109.9B | 58.82 | 190.89 | 287.51% | 37.39% | 644.74 |
Financial data is updated regularly. All figures are in the company's reporting currency.