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PCTY · Nasdaq · United States · Services-Prepackaged Software
In shortPaylocity Holding Corp is profitable, generates cash and holds more cash than debt, with revenue growing (+11.0% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 21.8% | 89/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 15.2% | 81/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 22.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 20.6% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.09× | 24/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.07× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.07 | 25/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 28.1% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.84× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 12.1% | 66/100 |
| Operating margin volatility | 4.8% | 65/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 14.7% | 98/100 |
|---|---|---|
| EPS growth, 3-year average | 25.5% | 100/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 853 | 1,175 | 1,403 | 1,595 | 1,771 |
| Cost of revenue | 287 | 367 | 442 | 498 | 546 |
| Gross profit | 566 | 808 | 961 | 1,097 | 1,226 |
| Research & development | 103 | 164 | 178 | 206 | 221 |
| Operating income | 85 | 155 | 260 | 304 | 386 |
| Pre-tax income | 84 | 159 | 277 | 309 | 387 |
| Income tax | (7.2) | 18 | 70 | 82 | 118 |
| Net income | 91 | 141 | 207 | 227 | 270 |
| Diluted EPS | $1.61 | $2.49 | $3.63 | $4.02 | $4.92 |
| Diluted shares (millions) | 56 | 57 | 57 | 57 | 55 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Paylocity Holding Corp are included in the Investor plan. Try free for 7 days →
2.07 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026