Zacks Investment Research·22h ago
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Paylocity Holding Corporation(PCTY)Earnings, Financials & Key Ratios
PCTY•NASDAQ
$118.84
29.6× P/E·Price updated Jul 7, 2026
AboutPaylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It also provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.Show more
- Revenue$1.6B+13.7%
- EBITDA$404M+20.0%
- Net Income$227M+9.8%
- EPS (Diluted)4.02+10.7%
- Gross Margin68.77%+0.4%
- EBITDA Margin25.3%+5.5%
- Operating Margin19.06%+2.8%
- Net Margin14.24%-3.4%
- ROE20.04%-9.1%
PCTY Price & Volume
Paylocity Holding Corporation (PCTY) stock price & volume — 10-year historical chart
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Operating Leverage Gains Offset Liquidity Volatility Risks
Investment Thesis • Updated 2026Q3
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Vulnerable
Cash Flow:Robust
Primary Risk:Mid-market employment volatility
Key Thesis Takeaways
- Paylocity demonstrates significant operating leverage as evidenced by the expansion of operating margins to 31.5% in 2026Q3, though investors should remain cautious regarding the company's cyclical revenue sensitivity and recent liquidity contraction.
- While the firm maintains a conservative debt-to-equity ratio of 0.11, the aggressive pursuit of inorganic growth has increased goodwill to $343.2 million.
- Future performance will likely hinge on balancing these strategic acquisitions with the stabilization of short-term working capital requirements.
Verdict Logic
while the forward P/E of 13.13 suggests an attractive valuation, the sharp decline in the current ratio to 0.13 warrants further investigation into near-term liquidity risks.
PCTY Growth Metrics
Paylocity Holding Corporation (PCTY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years26.44%
5 Years23.23%
3 Years23.22%
TTM14.67%
Profit CAGR
10 Years-
5 Years28.65%
3 Years35.76%
TTM21.56%
EPS CAGR
10 Years-
5 Years28.22%
3 Years35.66%
TTM16.46%
Return on Capital
10 Years13.55%
5 Years18.39%
3 Years22.64%
Last Year23.28%
PCTY Recent Earnings
Paylocity Holding Corporation (PCTY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$2.89+18.9%
$2.43
Rev
$502M+2.5%
$490M
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$1.85+17.8%
$1.57
Rev
$416M+1.8%
$409M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$1.75+11.5%
$1.57
Rev
$408M+1.9%
$400M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$1.56+13.0%
$1.38
Rev
$401M+1.9%
$393M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $2.89vs $2.43+18.9% | $502Mvs $490M+2.5% |
| Q1 2026 | Feb 5, 2026 | $1.85vs $1.57+17.8% | $416Mvs $409M+1.8% |
| Q4 2025 | Nov 4, 2025 | $1.75vs $1.57+11.5% | $408Mvs $400M+1.9% |
| Q3 2025 | Aug 5, 2025 | $1.56vs $1.38+13.0% | $401Mvs $393M+1.9% |
Based on last 12 quarters of dataView full earnings history →
Latest PCTY News
Recent stock market news and headlines for Paylocity Holding Corporation (PCTY)
Zacks Investment Research·Jun 29, 2026
Strength Seen in Paylocity (PCTY): Can Its 5.8% Jump Turn into More Strength?Paylocity (PCTY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Zacks Investment Research·Jun 26, 2026
Buy These 3 HCM Software Solution Stocks to Tap Short-Term PotentialAI-driven hiring and HR automation are reshaping HCM software, with three companies, namely, PAYC, PCTY and FA standing out for short-term upside.
Peers Comparison
Key metrics vs top competitors for Paylocity Holding Corporation (PCTY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $118.84 | $6.36B | 29.56 | 13.74% | 14.24% | 20.04% | — | |
| $143.78 | $7.85B | 17.79 | 8.95% | 22.44% | 31.03% | — | |
| $108.12 | $38.45B | 22.11 | 16.88% | 27.03% | 45.13% | — | |
| $245.60 | $98.89B | 24.61 | 7.07% | 20.12% | 68.69% | — | |
| $10.74 | $270.87M | 22.85 | -2.62% | 4.75% | 15.84% | — | |
| $69.86 | $11.18B | 635.09 | 16.27% | -7.91% | -5.56% | — |
Compare PCTY vs Peers
Paylocity Holding Corporation (PCTY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PCTY SEC Filings & Documents
Paylocity Holding Corporation (PCTY) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 7, 2026·SEC
Material company update
Feb 5, 2026·SEC
Material company update
Dec 5, 2025·SEC
10-K Annual Reports
1FY 2025
Aug 6, 2025·SEC
10-Q Quarterly Reports
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PCTY Frequently Asked Questions
Paylocity Holding Corporation (PCTY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Paylocity Holding Corporation's revenue?
Paylocity Holding Corporation (PCTY) reported $1.73B in revenue for fiscal year 2025. This represents a 4275% increase from $39.5M in 2011.
How fast is Paylocity Holding Corporation growing?
Paylocity Holding Corporation (PCTY) grew revenue by 13.7% over the past year. This is steady growth.
Is PCTY profitable?
Yes, Paylocity Holding Corporation (PCTY) is profitable, generating $258.0M in net income for fiscal year 2025 (14.2% net margin).
Dividend & Returns
What is PCTY's return on equity?
Paylocity Holding Corporation (PCTY) has a return on equity (ROE) of 20.0%. This is excellent, indicating efficient use of shareholder capital.
What is Paylocity Holding Corporation's free cash flow?
Paylocity Holding Corporation (PCTY) generated $470.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.