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, OK, US
Websitepaycom.com
Employee Ratings4.5
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)3,765(+24%)
Job Openings2
Revenue (FY, 2019)$737.7 M(+31%)
Share Price (Feb 2021)$429.5 (-1%)
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, OK, US (HQ)
7501 W Memorial Rd
Irving, TX, US
4050 Regent Blvd
Show all (2)

Paycom Financials and Metrics

Paycom Revenue

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View revenue for all periods
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
USDFY, 2017FY, 2018FY, 2019

Revenue

433.0m566.3m737.7m

Revenue growth, %

32%31%30%

Cost of goods sold

72.0m90.8m109.7m

Gross profit

361.0m475.6m627.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

153.9m128.8m133.3m199.9m169.3m175.0m242.4m181.6m196.5m

Cost of goods sold

23.6m20.9m22.1m29.3m25.2m26.4m30.0m29.6m30.9m

Gross profit

130.3m107.9m111.2m170.6m144.1m148.6m212.3m152.0m165.6m

Gross profit Margin, %

85%84%83%85%85%85%88%84%84%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

46.1m45.7m133.7m

Accounts Receivable

1.6m3.4m9.3m

Prepaid Expenses

5.0m7.7m13.6m

Inventories

979.0k797.0k1.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

68.1m54.6m85.0m91.3m94.8m108.1m181.8m113.5m156.4m

Accounts Receivable

2.4m2.4m2.2m3.8m2.9m2.6m8.1m9.3m12.4m

Prepaid Expenses

7.0m8.0m7.9m9.2m11.3m12.7m17.9m25.0m20.8m

Inventories

420.0k477.0k574.0k910.0k767.0k700.0k930.0k1.4m924.0k
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

66.8m137.1m180.6m

Depreciation and Amortization

19.4m29.7m42.2m

Inventories

462.0k(306.0k)(403.0k)

Accounts Payable

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

Net Income

41.2m76.9m105.7m47.3m96.0m135.2m63.0m91.6m119.1m

Depreciation and Amortization

6.1m12.8m20.9m9.3m19.7m30.6m12.2m25.3m39.1m

Inventories

(193.0k)57.0k(56.0k)(11.0k)(248.0k)(181.0k)254.0k(433.0k)32.0k

Accounts Payable

(710.0k)593.0k1.8m(1.3m)(1.3m)(970.0k)408.0k(1.0m)4.5m
USDFY, 2017

Revenue/Employee

170.0k

Debt/Equity

0.3 x

Financial Leverage

10 x
Show all financial metrics

Paycom Operating Metrics

Paycom's Customers was reported to be 26.5 k in FY, 2019.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018FY, 2019

Customers

11 k12.78 k15 k17.82 k20.59 k23.53 k26.53 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%
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Paycom Acquisitions / Subsidiaries

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

Paycom Revenue Breakdown

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Paycom revenue breakdown by business segment: 98.2% from Recurring and 1.8% from Other

Paycom Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Paycom Online and Social Media Presence

Embed Graph

Paycom Company Culture

  • Overall Culture

    A

    82/100

  • CEO Rating

    A+

    84/100

  • Compensation

    A

    85/100

Learn more on Comparably

Paycom News and Updates

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.

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…

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...

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%...

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 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…
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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.