Paycom

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.

TypePublic
Founded1998
HQOklahoma City, USMap
Websitepaycom.com
Employee Ratings4.4More
Overall CultureA+More
View Jobs (128)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)3,765(+24%)
Job Openings128
Revenue (FY, 2019)$737.7 M(+31%)
Share Price (Nov 2020)$381.7
Cybersecurity ratingBMore

Key People/Management at Paycom

Chad Richison

Chad Richison

President, Chief Executive Officer and Director
Craig E. Boelte

Craig E. Boelte

Chief Financial Officer
Jon Evans

Jon Evans

Chief Operating Officer
Brad Smith

Brad Smith

Chief Information Officer
Jeffrey York

Jeffrey York

Chief Sales Officer
Robert J. Levenson

Robert J. Levenson

Director
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Paycom Office Locations

Paycom has offices in Oklahoma City and Irving
Oklahoma City, US (HQ)
7501 W Memorial Rd
Irving, US
4050 Regent Blvd
Show all (2)

Paycom Financials and Metrics

Paycom Revenue

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Paycom's revenue was reported to be $737.67 m in FY, 2019
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 (17-Nov-2020)

22.0b

Closing stock price (17-Nov-2020)

381.7

Cash (30-Sept-2020)

156.4m

EV

21.9b
Paycom's current market capitalization is $22 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

224.7m329.1m433.0m566.3m737.7m

Revenue growth, %

49%47%32%31%

Cost of goods sold

35.5m54.1m72.0m90.8m109.7m

Gross profit

189.2m275.1m361.0m475.6m627.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

119.5m98.2k101.3m153.9m128.8m133.3m199.9m169.3m175.0m242.4m181.6m196.5m

Cost of goods sold

17.1m17.9k17.8m23.6m20.9m22.1m29.3m25.2m26.4m30.0m29.6m30.9m

Gross profit

102.4m80.4k83.5m130.3m107.9m111.2m170.6m144.1m148.6m212.3m152.0m165.6m

Gross profit Margin, %

86%82%82%85%84%83%85%85%85%88%84%84%
show all
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

50.7m60.2m46.1m45.7m133.7m

Accounts Receivable

2.4m1.3m1.6m3.4m9.3m

Prepaid Expenses

3.5m4.5m5.0m7.7m13.6m

Inventories

1.1m675.0k979.0k797.0k1.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

92.9m68.1m66.6m68.1m54.6m85.0m91.3m94.8m108.1m181.8m113.5m156.4m

Accounts Receivable

1.8m1.8m1.4m2.4m2.4m2.2m3.8m2.9m2.6m8.1m9.3m12.4m

Prepaid Expenses

5.4m5.7k5.7m7.0m8.0m7.9m9.2m11.3m12.7m17.9m25.0m20.8m

Inventories

499.0k520.0k750.0k420.0k477.0k574.0k910.0k767.0k700.0k930.0k1.4m924.0k
show all
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

20.9m43.8m66.8m137.1m180.6m

Depreciation and Amortization

9.4m13.6m19.4m29.7m42.2m

Inventories

(224.0k)418.0k462.0k(306.0k)(403.0k)

Accounts Payable

(431.0k)(1.6m)79.0k1.1m(221.0k)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

25.6m39.8m53.9m41.2m76.9m105.7m47.3m96.0m135.2m63.0m91.6m119.1m

Depreciation and Amortization

4.3m9.0m13.9m6.1m12.8m20.9m9.3m19.7m30.6m12.2m25.3m39.1m

Inventories

176.0k434.0k(75.0k)(193.0k)57.0k(56.0k)(11.0k)(248.0k)(181.0k)254.0k(433.0k)32.0k

Accounts Payable

(1.3m)(319.0k)(1.5m)(710.0k)593.0k1.8m(1.3m)(1.3m)(970.0k)408.0k(1.0m)4.5m
show all
USDFY, 2015

Revenue/Employee

153.8k

Debt/Equity

0.3 x

Financial Leverage

8.9 x
Show all financial metrics

Paycom Operating Metrics

Paycom's Customers was reported to be 23.5 k in FY, 2018.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018

Customers

11 k12.78 k15 k17.82 k20.59 k23.53 k

Sales Teams

31 31 31 31 36 36 36 36 42 42 42 42 43 45 45 46 47 49 49 49

Annual Revenue Retention Rate

91%91%91%91%92%
Show all operating metrics

Paycom Acquisitions / Subsidiaries

Company NameDateDeal Size
Paycom Benefits
Paycom Payroll
Paycom Payroll Holdings
WCAS CP IV Blocker
WCAS Paycom Holdings

Paycom Revenue Breakdown

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Paycom revenue breakdown by business segment: 98.4% from Recurring and 1.6% from Other

Paycom Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about our premium products
SecurityScorecard logo

Paycom Online and Social Media Presence

Paycom's Trends

Embed Graph

Paycom Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A-

    80/100

Learn more on Comparably

Paycom News and Updates

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…
October 30, 2018

Paycom stock drops as forecast earnings metric falls short of Street view

Paycom Software Inc. shares fell in the extended session Tuesday after one metric of the payroll and human resources technology company's outlook fell short of Wall Street estimates. Paycom shares dropped 7.5% after hours, following a 4.6% rise to close the regular session at $129.59. For the fourt…
May 01, 2018

Paycom Software's (PAYC) CEO Chad Richison on Q1 2018 Results - Earnings Call Transcript

 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 Mercer, SAP SuccessFactors and BenefitMall.

  • 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.