OverviewSuggest Edit
Paycom is a provider of a cloud-based human capital management software solution delivered as Software-as-a-Service (SaaS). The company offers a suite of products including payroll, time and labor management, talent acquisition, HR and talent management.
| Type | Public | |
| Founded | 1998 | |
| HQ | Oklahoma City, OK, US | Map |
| Website | paycom.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
- Think ADP Stock Is Expensive? You Should Consider Paycom Stock
- The billionaire CEO of Paycom just paid $26.5 million for a beachfront Malibu mansion that took 12 years to build and blends into the rocks. Take a look inside.
- Up Almost 4x Since Early 2018, Paycom Software Stock To Drop Sharply?
- After 60% Rally, All Good News Priced In Paycom Stock?
Key People/Management at Paycom
Chad Richison
President, Chief Executive Officer and Director
Craig E. Boelte
Chief Financial Officer
Jon Evans
Chief Operating Officer
Brad Smith
Chief Information Officer
Jeffrey York
Chief Sales Officer
Robert J. Levenson
Director
Paycom Office Locations
Paycom has offices in Oklahoma City and Irving
Oklahoma City, OK, US (HQ)
7501 W Memorial Rd
Irving, TX, US
4050 Regent Blvd
Paycom Financials and Metrics
Paycom Revenue
Paycom's revenue was reported to be $737.67 m in FY, 2019 which is a 30.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 196.5m |
Gross profit (Q3, 2020) | 165.6m |
Gross profit margin (Q3, 2020), % | 84.3% |
Net income (Q3, 2020) | 27.5m |
EBIT (Q3, 2020) | 34.0m |
Market capitalization (8-Feb-2021) | 24.8b |
Closing stock price (8-Feb-2021) | 429.5 |
Cash (30-Sept-2020) | 156.4m |
EV | 24.6b |
Paycom's current market capitalization is $24.8 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 153.9m | 128.8m | 133.3m | 199.9m | 169.3m | 175.0m | 242.4m | 181.6m | 196.5m |
Cost of goods sold | 23.6m | 20.9m | 22.1m | 29.3m | 25.2m | 26.4m | 30.0m | 29.6m | 30.9m |
Gross profit | 130.3m | 107.9m | 111.2m | 170.6m | 144.1m | 148.6m | 212.3m | 152.0m | 165.6m |
Gross profit Margin, % | 85% | 84% | 83% | 85% | 85% | 85% | 88% | 84% | 84% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 68.1m | 54.6m | 85.0m | 91.3m | 94.8m | 108.1m | 181.8m | 113.5m | 156.4m |
Accounts Receivable | 2.4m | 2.4m | 2.2m | 3.8m | 2.9m | 2.6m | 8.1m | 9.3m | 12.4m |
Prepaid Expenses | 7.0m | 8.0m | 7.9m | 9.2m | 11.3m | 12.7m | 17.9m | 25.0m | 20.8m |
Inventories | 420.0k | 477.0k | 574.0k | 910.0k | 767.0k | 700.0k | 930.0k | 1.4m | 924.0k |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 41.2m | 76.9m | 105.7m | 47.3m | 96.0m | 135.2m | 63.0m | 91.6m | 119.1m |
Depreciation and Amortization | 6.1m | 12.8m | 20.9m | 9.3m | 19.7m | 30.6m | 12.2m | 25.3m | 39.1m |
Inventories | (193.0k) | 57.0k | (56.0k) | (11.0k) | (248.0k) | (181.0k) | 254.0k | (433.0k) | 32.0k |
Accounts Payable | (710.0k) | 593.0k | 1.8m | (1.3m) | (1.3m) | (970.0k) | 408.0k | (1.0m) | 4.5m |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 170.0k |
Debt/Equity | 0.3 x |
Financial Leverage | 10 x |
Paycom Operating Metrics
Paycom's Customers was reported to be 26.5 k in FY, 2019.
| Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 11 k | 12.78 k | 15 k | 17.82 k | 20.59 k | 23.53 k | 26.53 k | ||||||||||||||
Sales Teams | 31 | 31 | 31 | 31 | 36 | 36 | 36 | 36 | 42 | 42 | 42 | 42 | 43 | 45 | 45 | 46 | 47 | 49 | 49 | 49 | 50 |
Annual Revenue Retention Rate | 91% | 91% | 91% | 91% | 92% | 93% |
Paycom Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Paycom Benefits LLC | ||
| Paycom Payroll Holdings LLC | ||
| Paycom Payroll LLC | ||
| WCAS CP IV Blocker Inc | ||
| WCAS Paycom Holdings Inc |
Paycom Revenue Breakdown
Paycom revenue breakdown by business segment: 98.2% from Recurring and 1.8% from Other
Paycom Cybersecurity Score
Paycom Online and Social Media Presence
25.31k Twitter followers
Paycom has 25.31k Twitter Followers. The number of followers has increased 2.1% month over month and increased 1.7% quarter over quarter
Paycom's Trends
Twitter Engagement Stats for @Paycom
9.2k
Tweets
872
Following
25.3k
Followers
125
Tweets last 30 days
4.9
Avg. likes per Tweet
84%
Tweets with engagement
Paycom Company Culture
Overall Culture
A
82/100
CEO Rating
A+
84/100
Compensation
A
85/100
Paycom News and Updates
January 21, 2021
Think ADP Stock Is Expensive? You Should Consider Paycom Stock
The market is pricing ADP’s competitor Paycom Software at a very high P/S multiple. Comparing a slew of factors such as historical revenue growth, returns, and risk, Trefis believes that Paycom Software stock has more room for growth despite its higher P/S multiple.
December 30, 2020
The billionaire CEO of Paycom just paid $26.5 million for a beachfront Malibu mansion that took 12 years to build and blends into the rocks. Take a look inside.
Summary List PlacementChad Richison, the CEO of payroll technology company Paycom, just paid $26.5 million — the full asking price — for a secluded Malibu beach house, Dirt reported.
The home, known as Il Pelicano, boasts a secluded location on the beach that sets it apart from the nearby homes ab…
September 03, 2020
Up Almost 4x Since Early 2018, Paycom Software Stock To Drop Sharply?
Paycom Software stock (NYSE: PAYC) is up 16% since the beginning of this year, but at the current price around $308 per share, we believe Paycom stock has a significant downside. Why is that? Our belief stems from the fact that Paycom’s stock has risen almost 4x from the low seen in early 2018...
August 13, 2020
After 60% Rally, All Good News Priced In Paycom Stock?
After a 61% rise since the March 23 low of this year, at the current price of around $289 per share, we believe Paycom Software’s stock has nearly no upside left. Paycom’s stock has increased from $179 to $289 off the recent bottom, better than the S&P which increased by around 50%...
January 23, 2020
Thinking about trading options or stock in EXACT Sciences, NVIDIA, Paycom Software, Tesla, or Western Digital Corp?
NEW YORK, Jan. 23, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EXAS, NVDA, PAYC, TSLA, and WDC. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
January 22, 2020
Paycom set to join S&P 500
Paycom Software Inc. is set to join the S&P 500 index , S&P Dow Jones Indices said late Wednesday. Paycom is replacing Wellcare Health Plans after its acquisition by Centene Corp. [s:cnc]. Paycom shares rose 4.9% in the extended session.
Market Pulse Stories are Rapid-fire, short news burst…
Paycom Frequently Asked Questions
When was Paycom founded?
Paycom was founded in 1998.
Who are Paycom key executives?
Paycom's key executives are Chad Richison, Craig E. Boelte and Jon Evans.
How many employees does Paycom have?
Paycom has 3,765 employees.
What is Paycom revenue?
Latest Paycom annual revenue is $737.7 m.
What is Paycom revenue per employee?
Latest Paycom revenue per employee is $195.9 k.
Who are Paycom competitors?
Competitors of Paycom include Salary.com, OneSource Virtual and Reflexis Systems.
Where is Paycom headquarters?
Paycom headquarters is located at 7501 W Memorial Rd, Oklahoma City.
Where are Paycom offices?
Paycom has offices in Oklahoma City and Irving.
How many offices does Paycom have?
Paycom has 2 offices.
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