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, US
Websitepaycom.com
Employee Ratings4.5
Culture scoreA+

Latest Updates

Employees (est.) (Dec 2019)3,765(+24%)
Job Openings66
Revenue (FY, 2019)$737.7 M(+31%)
Share Price (May 2020)$274.3

Key People/Management at Paycom

Chad Richison

Chad Richison

President, Chief Executive Officer and Director
Craig Boelte

Craig Boelte

Chief Financial Officer
Jon Evans

Jon Evans

Chief Operating Officer
Jeffrey York

Jeffrey York

Chief Sales Officer
Brad Smith

Brad Smith

Chief Information Officer
J.С. Watts

J.С. Watts

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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View revenue for all periods
Paycom's revenue was reported to be $737.67 m in FY, 2019
USD

Revenue (Q1, 2020)

242.4m

Gross profit (Q1, 2020)

212.3m

Gross profit margin (Q1, 2020), %

87.6%

Net income (Q1, 2020)

63.0m

EBIT (Q1, 2020)

89.3m

Market capitalization (21-May-2020)

16.1b

Closing stock price (21-May-2020)

274.3

Cash (31-Mar-2020)

181.8m

EV

15.9b
Paycom's current market capitalization is $16.1 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, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

86%82%82%85%84%83%85%85%85%88%
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, 2020

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

499.0k520.0k750.0k420.0k477.0k574.0k910.0k767.0k700.0k930.0k
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
USDY, 2020

EV/EBIT

178.3 x

EV/CFO

194 x

Financial Leverage

3.9 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 Online and Social Media Presence

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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

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...

Cloud company Paycom beats rival Workday into the S&P 500 because of one key metric: profit

Paycom will replace WellCare Health Plans on the index before trading starts on January 28.

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 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…

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 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 SAP SuccessFactors, BenefitMall and Kronos.

  • 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.