PCTY - Paylocity Holding Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$157.33
DETAILS
HIGH:
$201.00
LOW:
$120.00
MEDIAN:
$165.00
CONSENSUS:
$157.33
UPSIDE:
1.77%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 1,771.3 | 1,595.2 | 1,402.5 | 1,174.6 | 852.7 | 635.6 | 561.3 | 467.6 | 377.5 | 300.0 | 230.7 | 152.7 | 108.7 | 77.3 | 55.1 | 39.5 |
| Cost of Revenue | 545.8 | 498.2 | 441.7 | 367.0 | 287.0 | 219.3 | 182.0 | 153.9 | 149.2 | 124.0 | 98.1 | 70.9 | 55.1 | 39.7 | 29.1 | 21.7 |
| Gross Profit | 1,225.5 | 1,097.0 | 960.8 | 807.6 | 565.6 | 416.3 | 379.3 | 313.8 | 228.3 | 176.0 | 132.6 | 81.8 | 53.6 | 37.6 | 26.0 | 17.7 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 221.4 | 205.9 | 178.3 | 164.0 | 102.9 | 76.7 | 62.8 | 50.3 | 37.6 | 29.1 | 26.7 | 19.9 | 10.4 | 6.8 | 1.8 | 1.6 |
| SG&A Expenses | 618.1 | 587.1 | 522.4 | 488.5 | 378.1 | 281.6 | 250.4 | 207.2 | 174.7 | 139.6 | 109.4 | 75.9 | 50.3 | 30.8 | 21.4 | 16.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 839.5 | 793.0 | 700.7 | 652.5 | 481.1 | 358.3 | 313.1 | 257.6 | 212.4 | 168.7 | 136.2 | 95.7 | 60.6 | 37.6 | 23.2 | 17.7 |
| Operating Income | ||||||||||||||||
| Operating Income | 386.0 | 304.0 | 260.1 | 155.0 | 84.6 | 58.0 | 66.2 | 56.2 | 15.9 | 7.3 | (3.5) | (13.9) | (7.0) | 0.0 | 2.8 | 0.0 |
| Interest Expense | 0 | 13.1 | 0.8 | 0.8 | 0.5 | 0 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||
| EBITDA | 499.1 | 421.8 | 354.2 | 220.2 | 134.3 | 100.1 | 104.1 | 90.8 | 46.2 | 28.3 | 10.3 | (5.3) | (0.7) | 5.6 | 7.4 | 3.8 |
| EBIT | 387.3 | 322.1 | 277.8 | 159.4 | 84.1 | 57.1 | 66.2 | 56.2 | 15.9 | 7.3 | (3.5) | (13.9) | (7.0) | 0.0 | 2.8 | 0.0 |
| Income Before Tax | 387.3 | 309.1 | 277.0 | 158.6 | 83.6 | 57.1 | 67.1 | 58.0 | 16.8 | 7.4 | (3.7) | (13.9) | (6.9) | 0.0 | 2.6 | (0.2) |
| Income Tax Expense | 117.6 | 81.9 | 70.2 | 17.8 | (7.2) | (13.7) | 2.7 | 4.2 | (21.8) | 0.7 | 0.2 | 0.1 | 0.3 | (0.6) | 0.9 | (0.0) |
| Net Income | 269.7 | 227.1 | 206.8 | 140.8 | 90.8 | 70.8 | 64.5 | 53.8 | 38.6 | 6.7 | (3.9) | (14.0) | (7.1) | 0.6 | 1.7 | (0.1) |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 4.99 | 4.08 | 3.68 | 2.53 | 1.65 | 1.30 | 1.20 | 1.02 | 0.74 | 0.13 | -0.08 | -0.28 | -0.20 | -0.05 | 0.02 | -0.00 |
| EPS (Diluted) | 4.92 | 4.02 | 3.63 | 2.49 | 1.61 | 1.26 | 1.16 | 0.97 | 0.70 | 0.12 | -0.08 | -0.28 | -0.19 | -0.05 | 0.02 | -0.00 |
| Shares Outstanding | 54.1 | 55.6 | 56.2 | 55.7 | 55.0 | 54.3 | 53.5 | 52.9 | 52.4 | 51.4 | 50.9 | 49.9 | 36.1 | 44.2 | 44.2 | 44.2 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||
| Cash & Cash Equivalents | 271.9 | 398.1 | 401.8 | 288.8 | 139.8 | 202.3 | 250.9 | 132.5 | 137.2 | 103.5 | 86.5 | 81.3 | 78.8 | 7.6 | 9.0 | 8.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 4.5 | 34.6 | 29.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 50.1 | 41.6 | 33.0 | 25.1 | 15.8 | 6.3 | 4.9 | 4.4 | 3.5 | 2.0 | 1.7 | 1.1 | 0.8 | 0.7 | 0.5 | 0.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3,343.5 | 2,872.3 | 3,089.7 | 2,734.6 | 4,047.3 | 1,803.9 | 1,359.6 | 1,416.1 | 1,225.6 | 942.5 | 1,239.6 | 592.0 | 418.0 | 356.5 | 263.7 | 299.4 |
| Total Current Assets | 3,723.1 | 3,312.0 | 3,524.5 | 3,048.4 | 4,231.7 | 2,032.9 | 1,663.2 | 1,596.2 | 1,378.2 | 1,062.8 | 1,335.2 | 678.8 | 500.3 | 366.7 | 274.1 | 308.8 |
| Non-Current Assets | ||||||||||||||||
| Property, Plant & Equipment | 248.1 | 90.2 | 94.4 | 108.1 | 112.0 | 103.8 | 115.4 | 70.1 | 62.0 | 40.8 | 26.8 | 16.1 | 13.1 | 8.6 | 7.1 | 5.0 |
| Goodwill | 379.0 | 343.1 | 108.9 | 102.1 | 101.9 | 33.6 | 21.7 | 9.6 | 9.6 | 6.0 | 6.0 | 6.0 | 3.0 | 0 | 0 | 0 |
| Intangible Assets | 512.4 | 225.0 | 144.7 | 120.7 | 107.5 | 58.0 | 49.9 | 38.2 | 34.1 | 26.3 | 21.8 | 19.3 | 11.4 | 2.6 | 3.7 | 2.7 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 10.4 | 401.4 | 355.1 | 300.6 | 236.8 | 174.9 | 130.6 | 83.4 | 1.5 | 1.5 | 0.8 | 0.4 | 0.3 | 0 | 0 | 0 |
| Total Non-Current Assets | 1,161.3 | 1,077.5 | 721.0 | 647.2 | 577.3 | 382.0 | 322.5 | 207.8 | 129.4 | 74.6 | 55.5 | 41.8 | 27.9 | 11.2 | 10.9 | 7.7 |
| Total Assets | 4,884.4 | 4,389.4 | 4,245.5 | 3,695.7 | 4,809.0 | 2,414.9 | 1,985.6 | 1,803.9 | 1,507.6 | 1,137.4 | 1,390.7 | 720.5 | 528.2 | 377.9 | 284.9 | 316.5 |
| Current Liabilities | ||||||||||||||||
| Account Payables | 10.9 | 17.3 | 8.6 | 6.2 | 8.4 | 4.2 | 1.8 | 4.0 | 3.0 | 2.0 | 1.6 | 1.3 | 2.1 | 0.9 | 1.1 | 0.7 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 1.6 | 0.3 |
| Deferred Revenue | 0 | 35.7 | 25.9 | 24.5 | 13.5 | 9.4 | 8.8 | 5.6 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3,209.0 | 2,694.8 | 2,950.4 | 2,625.4 | 3,987.8 | 1,759.7 | 1,327.3 | 1,394.5 | 1,225.6 | 942.5 | 1,239.6 | 592.5 | 420.8 | 356.1 | 263.3 | 299.0 |
| Total Current Liabilities | 3,420.2 | 2,905.3 | 3,117.4 | 2,774.8 | 4,120.5 | 1,867.0 | 1,408.9 | 1,456.0 | 1,270.8 | 974.8 | 1,266.2 | 609.5 | 433.1 | 364.4 | 271.3 | 304.3 |
| Non-Current Liabilities | ||||||||||||||||
| Long-Term Debt | 81.2 | 162.5 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 1.6 | 3.2 |
| Deferred Tax Liabilities | 106.3 | 32.6 | 41.8 | 11.8 | 2.2 | 1.8 | 8.8 | 6.9 | 0 | 0.4 | 0.2 | 0.9 | 0.7 | 0.3 | 1.0 | 0.1 |
| Other Non-Current Liabilities | 12.9 | 8.6 | 6.4 | 3.7 | 3.7 | 2.0 | 1.7 | 33.0 | 23.9 | 14.6 | 4.6 | 2.6 | 3.2 | 2.3 | 2.2 | 1.8 |
| Total Non-Current Liabilities | 242.7 | 250.4 | 95.0 | 78.0 | 75.0 | 70.9 | 183.8 | 39.9 | 23.9 | 15.0 | 4.9 | 3.5 | 3.9 | 3.5 | 4.7 | 5.1 |
| Total Liabilities | 3,662.9 | 3,155.7 | 3,212.4 | 2,852.8 | 4,195.6 | 1,938.0 | 1,592.7 | 1,496.0 | 1,294.8 | 989.8 | 1,271.1 | 613.0 | 437.0 | 367.9 | 276.0 | 309.4 |
| Stockholders' Equity | ||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 1,170.3 | 900.6 | 673.5 | 466.7 | 325.9 | 235.1 | 164.3 | 99.8 | (6.7) | (45.3) | (52.0) | (48.1) | (34.2) | (27.1) | (27.7) | (6.6) |
| Accumulated Other Comprehensive Income | (1.2) | 5.6 | (0.9) | (4.5) | (2.3) | 0.1 | 0.7 | 0.1 | (0.1) | (25.4) | (18.5) | (15.1) | (11.7) | (8.3) | (7.4) | (5.7) |
| Total Stockholders' Equity | 1,221.4 | 1,233.7 | 1,033.1 | 842.9 | 613.5 | 476.9 | 392.9 | 308.0 | 212.8 | 147.6 | 119.6 | 107.6 | 91.1 | 10.0 | 8.9 | 7.1 |
| Total Liabilities & Equity | 4,884.4 | 4,389.4 | 4,245.5 | 3,695.7 | 4,809.0 | 2,414.9 | 1,985.6 | 1,803.9 | 1,507.6 | 1,137.4 | 1,390.7 | 720.5 | 528.2 | 377.9 | 284.9 | 316.5 |
| Debt Metrics | ||||||||||||||||
| Total Debt | 123.5 | 217.9 | 54.4 | 70.3 | 77.5 | 74.8 | 181.4 | 1.5 | 2.1 | 0 | 0 | 0 | 0 | 1.6 | 3.2 | 3.5 |
| Net Debt | (148.5) | (180.2) | (347.4) | (218.5) | (62.2) | (127.5) | (69.5) | (131.0) | (135.1) | (103.5) | (86.5) | (81.3) | (78.8) | (6.0) | (5.8) | (4.5) |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Net Income | 269.7 | 227.1 | 206.8 | 140.8 | 90.8 | 70.8 | 64.5 | 53.8 | 38.6 | 6.7 | (3.9) | (14.0) | (7.1) | 0.6 | 1.7 | (0.1) |
| Depreciation & Amortization | 111.8 | 99.6 | 76.4 | 60.9 | 50.2 | 43.0 | 37.9 | 34.6 | 30.2 | 21.0 | 13.9 | 8.6 | 6.3 | 5.6 | 4.6 | 3.8 |
| Stock-Based Compensation | 138.7 | 142.8 | 146.0 | 147.3 | 96.2 | 63.1 | 0 | 38.8 | 30.4 | 26.7 | 17.6 | 13.2 | 4.9 | 0.5 | 0.2 | 0.2 |
| Change in Working Capital | (71.6) | (48.6) | (68.6) | (77.3) | (76.2) | (39.8) | (39.0) | (14.8) | 20.5 | 7.0 | 4.4 | 2.9 | 2.5 | 0.3 | 1.2 | 1.2 |
| Other Non-Cash Items | 1.8 | 0.4 | (3.8) | (2.5) | 1.2 | 1.5 | 45.8 | (1.5) | 0.1 | 0.4 | 0.9 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 |
| Operating Cash Flow | 533.3 | 418.2 | 384.6 | 282.7 | 155.1 | 124.8 | 112.0 | 115.0 | 97.9 | 62.0 | 33.0 | 11.1 | 7.2 | 6.2 | 8.6 | 5.0 |
| Investing Activities | ||||||||||||||||
| Capital Expenditure | (36.2) | (75.5) | (18.0) | (66.9) | (52.6) | (38.1) | (16.6) | (31.4) | (37.3) | (35.0) | (24.5) | (13.2) | (11.0) | (6.0) | (7.2) | (4.7) |
| Acquisitions | (49.2) | (277.9) | (12.0) | 0 | (107.6) | (15.0) | (16.7) | 0 | (8.3) | 0 | (0.5) | (12.0) | (6.5) | 0 | 0 | 0 |
| Purchases of Investments | (271.4) | (261.0) | (304.5) | (598.9) | (434.0) | 0 | (400.3) | (250.7) | (196.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 272.1 | 160.1 | 294.4 | 446.8 | 116.8 | 101.5 | 410.6 | 246.2 | 73.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (70.2) | (1.3) | (1.1) | (1.1) | (2.5) | 0 | 0 | (7.5) | (170.1) | 294.3 | (648.4) | (174.0) | (61.4) | (92.7) | 35.7 | (176.5) |
| Investing Cash Flow | (154.8) | (455.5) | (101.9) | (220.2) | (479.8) | 48.4 | (48.8) | (43.3) | (339.4) | 259.3 | (673.4) | (199.2) | (78.8) | (98.6) | 28.6 | (181.2) |
| Financing Activities | ||||||||||||||||
| Net Debt Issuance | 0 | 162.5 | 0 | 0 | 0 | (100) | 100 | 0 | 0 | 0 | 0 | 0 | (1.6) | (1.6) | (0.3) | 0.1 |
| Stock Repurchased | (398.1) | (149.6) | (150) | 0 | 0 | 0 | 0 | (35.0) | 0 | 0 | 0 | 0 | 0 | (0.2) | (27.4) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 388.9 | (358.4) | 272.5 | (1,450.7) | 2,158.3 | 368.2 | (106.1) | 143.6 | 270.9 | (308.1) | 642.5 | 170.2 | 62.4 | 92.7 | (35.7) | 176.5 |
| Financing Cash Flow | 9.0 | (325.8) | 141.7 | (1,433.8) | 2,172.4 | 280.5 | 2.8 | 114.7 | 275.2 | (304.3) | 645.6 | 190.5 | 142.9 | 90.9 | (36.1) | 176.5 |
| Cash Position | ||||||||||||||||
| Net Change in Cash | 387.4 | (3.7) | 113.0 | 149.0 | (62.5) | (48.6) | 118.4 | (4.7) | 33.7 | 17.0 | 5.2 | 2.4 | 71.3 | (1.4) | 1.0 | 8.0 |
| Cash at Beginning | 2,482.5 | 401.8 | 288.8 | 139.8 | 202.3 | 250.9 | 132.5 | 137.2 | 103.5 | 86.5 | 81.3 | 78.8 | 7.6 | 9.0 | 8.0 | 0 |
| Cash at End | 2,870.0 | 398.1 | 401.8 | 288.8 | 139.8 | 202.3 | 250.9 | 132.5 | 137.2 | 103.5 | 86.5 | 81.3 | 78.8 | 7.6 | 9.0 | 8.0 |
| Free Cash Flow | 497.1 | 342.8 | 366.6 | 215.8 | 102.5 | 86.8 | 95.4 | 83.6 | 60.6 | 27.0 | 8.5 | (2.1) | (3.8) | 0.3 | 1.4 | 0.3 |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 1,771.3 | 1,595.2 | 1,402.5 | 1,174.6 | 852.7 | 635.6 | 561.3 | 467.6 | 377.5 | 300.0 | 230.7 | 152.7 | 108.7 | 77.3 | 55.1 | 39.5 |
| Gross Profit | 1,225.5 | 1,097.0 | 960.8 | 807.6 | 565.6 | 416.3 | 379.3 | 313.8 | 228.3 | 176.0 | 132.6 | 81.8 | 53.6 | 37.6 | 26.0 | 17.7 |
| Operating Income | 386.0 | 304.0 | 260.1 | 155.0 | 84.6 | 58.0 | 66.2 | 56.2 | 15.9 | 7.3 | (3.5) | (13.9) | (7.0) | 0.0 | 2.8 | 0.0 |
| Net Income | 269.7 | 227.1 | 206.8 | 140.8 | 90.8 | 70.8 | 64.5 | 53.8 | 38.6 | 6.7 | (3.9) | (14.0) | (7.1) | 0.6 | 1.7 | (0.1) |
| EPS (Diluted) | 4.92 | 4.02 | 3.63 | 2.49 | 1.61 | 1.26 | 1.16 | 0.97 | 0.70 | 0.12 | -0.08 | -0.28 | -0.19 | -0.05 | 0.02 | -0.00 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 271.9 | 398.1 | 401.8 | 288.8 | 139.8 | 202.3 | 250.9 | 132.5 | 137.2 | 103.5 | 86.5 | 81.3 | 78.8 | 7.6 | 9.0 | 8.0 |
| Total Assets | 4,884.4 | 4,389.4 | 4,245.5 | 3,695.7 | 4,809.0 | 2,414.9 | 1,985.6 | 1,803.9 | 1,507.6 | 1,137.4 | 1,390.7 | 720.5 | 528.2 | 377.9 | 284.9 | 316.5 |
| Total Debt | 123.5 | 217.9 | 54.4 | 70.3 | 77.5 | 74.8 | 181.4 | 1.5 | 2.1 | 0 | 0 | 0 | 0 | 1.6 | 3.2 | 3.5 |
| Stockholders' Equity | 1,221.4 | 1,233.7 | 1,033.1 | 842.9 | 613.5 | 476.9 | 392.9 | 308.0 | 212.8 | 147.6 | 119.6 | 107.6 | 91.1 | 10.0 | 8.9 | 7.1 |
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 533.3 | 418.2 | 384.6 | 282.7 | 155.1 | 124.8 | 112.0 | 115.0 | 97.9 | 62.0 | 33.0 | 11.1 | 7.2 | 6.2 | 8.6 | 5.0 |
| Capital Expenditure | (36.2) | (75.5) | (18.0) | (66.9) | (52.6) | (38.1) | (16.6) | (31.4) | (37.3) | (35.0) | (24.5) | (13.2) | (11.0) | (6.0) | (7.2) | (4.7) |
| Free Cash Flow | 497.1 | 342.8 | 366.6 | 215.8 | 102.5 | 86.8 | 95.4 | 83.6 | 60.6 | 27.0 | 8.5 | (2.1) | (3.8) | 0.3 | 1.4 | 0.3 |