PAYC Stock - Paycom Software, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.88B | $1.69B | $1.38B | $1.06B | $841.43M |
| Gross Profit | $1.55B | $1.42B | $1.16B | $893.64M | $717.89M |
| Gross Margin | 82.2% | 83.7% | 84.5% | 84.7% | 85.3% |
| Operating Income | $634.30M | $451.30M | $378.70M | $253.57M | $186.12M |
| Net Income | $502.00M | $340.79M | $281.39M | $195.96M | $143.45M |
| Net Margin | 26.7% | 20.1% | 20.5% | 18.6% | 17.0% |
| EPS | $8.93 | $5.91 | $4.86 | $3.39 | $2.49 |
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | BTIG Research | Resumed | Buy | $195 |
| September 26th 2025 | Guggenheim | Initiation | Buy | $270 |
| September 22nd 2025 | TD Cowen | Upgrade | Buy | $258 |
| August 14th 2025 | Cantor Fitzgerald | Initiation | Neutral | $230 |
| August 7th 2025 | BMO Capital Markets | Reiterated | Market Perform | $258← $244 |
| May 8th 2025 | BMO Capital Markets | Reiterated | Market Perform | $244← $215 |
| March 10th 2025 | KeyBanc Capital Markets | Upgrade | Overweight | $245 |
| February 6th 2024 | BTIG Research | Initiation | Neutral | - |
| January 5th 2024 | Jefferies | Downgrade | Hold | $195 |
| November 7th 2023 | UBS | Initiation | Buy | $235 |
| November 2nd 2023 | BofA Securities | Downgrade | Neutral | $185← $330 |
| November 1st 2023 | Needham | Downgrade | Hold | - |
| November 1st 2023 | Oppenheimer | Downgrade | Perform | - |
| November 1st 2023 | William Blair | Downgrade | Market Perform | - |
| November 1st 2023 | Citigroup | Downgrade | Neutral | $189← $360 |
Earnings History & Surprises
PAYCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $2.44 | — | — | — |
Q4 2025 | Nov 5, 2025 | $1.95 | $1.94 | -0.5% | ✗ MISS |
Q3 2025 | Aug 6, 2025 | $1.78 | $2.06 | +15.7% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $2.57 | $2.80 | +8.9% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $1.99 | $2.32 | +16.6% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $1.61 | $1.67 | +3.7% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $1.58 | $1.62 | +2.5% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $2.43 | $2.59 | +6.6% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $1.78 | $1.93 | +8.4% | ✓ BEAT |
Q4 2023 | Oct 31, 2023 | $1.62 | $1.77 | +9.3% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $1.60 | $1.62 | +1.3% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $2.35 | $2.46 | +4.7% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $1.49 | $1.73 | +16.1% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $1.18 | $1.27 | +7.6% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $1.12 | $1.26 | +12.5% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $1.75 | $1.90 | +8.6% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $1.08 | $1.11 | +2.8% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.91 | $0.92 | +1.1% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $0.84 | $0.97 | +15.5% | ✓ BEAT |
Latest News
BTIG Assumes Paycom Software at Buy, Announces Price Target of $195
📈 PositiveJP Morgan Maintains Neutral on Paycom Software, Lowers Price Target to $220
➖ NeutralPaycom Software Selected As Official HR, Payroll Technology Partner For Sacramento Kings and Golden 1 Center
📈 PositiveJefferies Maintains Hold on Paycom Software, Lowers Price Target to $190
📉 NegativeUBS Maintains Buy on Paycom Software, Lowers Price Target to $245
➖ NeutralTD Cowen Maintains Buy on Paycom Software, Lowers Price Target to $200
➖ NeutralBarclays Maintains Equal-Weight on Paycom Software, Lowers Price Target to $210
➖ NeutralKeybanc Maintains Overweight on Paycom Software, Lowers Price Target to $250
➖ NeutralMizuho Maintains Neutral on Paycom Software, Lowers Price Target to $180
➖ NeutralPaycom Software shares are trading lower after the company reported mixed Q3 financial results.
📉 NegativePaycom Software shares are trading lower after the company reported mixed Q3 financial results.
📉 NegativePaycom Software stock slides after Q3 earnings trail consensus; repeats guide
📉 NegativePaycom Software Affirms FY2025 Sales Guidance of $2.045B-$2.055B vs $2.049B Est
➖ NeutralPaycom Software Q3 Adj. EPS $1.94 Misses $1.95 Estimate, Sales $493.300M Beat $492.999M Estimate
➖ NeutralBarclays Maintains Equal-Weight on Paycom Software, Lowers Price Target to $225
➖ NeutralJefferies Maintains Hold on Paycom Software, Lowers Price Target to $225
➖ NeutralGuggenheim Initiates Coverage On Paycom Software with Buy Rating, Announces Price Target of $270
📈 PositiveTD Cowen Upgrades Paycom Software to Buy, Raises Price Target to $258
📈 PositiveUBS Maintains Buy on Paycom Software, Lowers Price Target to $285
➖ NeutralPaycom Non-GAAP EPS of $2.06 beats by $0.28, revenue of $484M beats by $12.05M
📈 PositiveFrequently Asked Questions about PAYC
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