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
- Pick Paycom Stock To Play Travel Demand Recovery?
- 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?
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
Holly Faurot
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 $841.43 m in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 272.2m |
Gross profit (Q1, 2021) | 235.9m |
Gross profit margin (Q1, 2021), % | 86.7% |
Net income (Q1, 2021) | 64.6m |
EBIT (Q1, 2021) | 94.5m |
Market capitalization (4-Jun-2021) | 19.4b |
Closing stock price (4-Jun-2021) | 322.3 |
Cash (31-Mar-2021) | 215.1m |
EV | 19.2b |
Paycom's current market capitalization is $19.4 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 153.9m | 128.8m | 133.3m | 199.9m | 169.3m | 175.0m | 242.4m | 181.6m | 196.5m | 272.2m |
Cost of goods sold | 23.6m | 20.9m | 22.1m | 29.3m | 25.2m | 26.4m | 30.0m | 29.6m | 30.9m | 36.3m |
Gross profit | 130.3m | 107.9m | 111.2m | 170.6m | 144.1m | 148.6m | 212.3m | 152.0m | 165.6m | 235.9m |
Gross profit Margin, % | 85% | 84% | 83% | 85% | 85% | 85% | 88% | 84% | 84% | 87% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 68.1m | 54.6m | 85.0m | 91.3m | 94.8m | 108.1m | 181.8m | 113.5m | 156.4m | 215.1m |
Accounts Receivable | 2.4m | 2.4m | 2.2m | 3.8m | 2.9m | 2.6m | 8.1m | 9.3m | 12.4m | 19.8m |
Prepaid Expenses | 7.0m | 8.0m | 7.9m | 9.2m | 11.3m | 12.7m | 17.9m | 25.0m | 20.8m | 24.1m |
Inventories | 420.0k | 477.0k | 574.0k | 910.0k | 767.0k | 700.0k | 930.0k | 1.4m | 924.0k | 1.1m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 41.2m | 76.9m | 105.7m | 47.3m | 96.0m | 135.2m | 63.0m | 91.6m | 119.1m | 64.6m |
Depreciation and Amortization | 6.1m | 12.8m | 20.9m | 9.3m | 19.7m | 30.6m | 12.2m | 25.3m | 39.1m | 14.9m |
Inventories | (193.0k) | 57.0k | (56.0k) | (11.0k) | (248.0k) | (181.0k) | 254.0k | (433.0k) | 32.0k | (125.0k) |
Accounts Payable | (710.0k) | 593.0k | 1.8m | (1.3m) | (1.3m) | (970.0k) | 408.0k | (1.0m) | 4.5m | 803.0k |
| 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 Environment, Social & Governance (ESG) Ratings
Paycom Online and Social Media Presence
26.18k Twitter followers
Paycom has 26.18k Twitter Followers. The number of followers has increased 0.1% month over month and increased 2.7% quarter over quarter
Paycom's Trends
Twitter Engagement Stats for @Paycom
9.7k
Tweets
872
Following
26.2k
Followers
133
Tweets last 30 days
1.4
Avg. likes per Tweet
72.2%
Tweets with engagement
Paycom Company Culture
Overall Culture
A+
83/100
CEO Rating
A+
86/100
Compensation
A
83/100
Paycom News and Updates
March 24, 2021
Pick Paycom Stock To Play Travel Demand Recovery?
The shares of Paycom Software have lost 16% since the beginning of this year despite ongoing vaccination allaying travel fears and pushing the hospitality sector higher. Per recent earnings, the company’s management has guided for a 20% revenue growth in 2021 – fairly in-line with the trajectory...
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...
Paycom Blogs
June 11, 2021
Paycom Proud: Pride Month Q&A
At Paycom, our people are our priority. We encourage everyone on our staff to form deeper relationships based on mutual respect and understanding, and we’ve worked to build a culture that weaves this approach to diversity and inclusion into everything we do. With June being Pride Month, we wanted t…
June 04, 2021
Employee Spotlight: Meet Eric
We interviewed one of our senior transition specialist representatives, Eric, to learn more about his Paycom journey. Describe what you do. I am the lead project manager who works as an HR consultant, trainer and liaison for clients. During the implementation of new Paycom clients, I help facilitat…
May 28, 2021
Better Conversations: Diversity Initiatives That Make a Difference
Diversity and inclusion are topics driving conversations throughout society. Paycom took the initiative to support diversity of thought and give its staff a forum where they can engage with these issues by creating the Better Conversations sessions. “We had a sense that those discussions were occur…
May 21, 2021
Employee Spotlight: Meet Lisa
We interviewed one of our Paycom service specialists, Lisa, to learn more about her Paycom journey. Describe what you do. I assist clients with utilizing the Paycom software from hiring and payroll all the way through to retirement. What is your favorite thing about your team? We work as a unit! We…
May 14, 2021
Answer the Call: The Rewards of Becoming a Client Success Professional
A good client services professional can change lives, and if you take the job, one of those lives might be yours! A job in client services (CS) can be one of the more rewarding front-line positions, but it’s also a great opportunity to build valuable skills. While you improve customer/business rela…
May 07, 2021
Employee Spotlight: Meet Mark
We interviewed one of our product analyst team leaders, Mark, to learn more about his Paycom journey. Describe what you do. I am a product analyst team leader. My team analyzes the system, looking for areas of improvement, and submits feedback requests while following the process from idea to devel…
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 $841.4 m.
What is Paycom revenue per employee?
Latest Paycom revenue per employee is $223.5 k.
Who are Paycom competitors?
Competitors of Paycom include SD Worx, Salary.com and OneSource Virtual.
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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