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
- Is Paycom Stock Overvalued?
- Thinking about trading options or stock in Groupon, Plug Power, Vir Biotechnology, Albemarle Corp, or Paycom Software?
- Steady Earnings Growth Could Drive Paycom Software Stock To $470
- Leaders from Paycom and The Kraft Group explain how they use technology to improve the employee experience
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 (23-Sept-2021) | 30.1b |
Closing stock price (23-Sept-2021) | 511.3 |
Cash (31-Mar-2021) | 215.1m |
EV | 29.9b |
Paycom's current market capitalization is $30.1 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 Online and Social Media Presence
27.44k Twitter followers
Paycom has 27.44k Twitter Followers. The number of followers has increased 2.2% month over month and increased 4.8% quarter over quarter
Paycom's Trends
Twitter Engagement Stats for @Paycom
10.4k
Tweets
873
Following
27.4k
Followers
164
Tweets last 30 days
1.4
Avg. likes per Tweet
72%
Tweets with engagement
Paycom Company Culture
Overall Culture
A+
87/100
CEO Rating
A+
88/100
Compensation
A+
90/100
Diversity
A+
86/100
Paycom News and Updates
August 16, 2021
Is Paycom Stock Overvalued?
In recent filings, Paycom Software reported 30% (y-o-y) revenue growth assisted by expanding client bases and demand for human capital management software. Notably, the stock’s market capitalization is one-third of ADP’s due to continued strong revenue growth and market share gains. Interestingly...
August 06, 2021
Thinking about trading options or stock in Groupon, Plug Power, Vir Biotechnology, Albemarle Corp, or Paycom Software?
NEW YORK, Aug. 6, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GRPN, PLUG, VIR, ALB, and PAYC. 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...
July 19, 2021
Steady Earnings Growth Could Drive Paycom Software Stock To $470
After a more than 2x jump from its low in March 2020, at the current price of $370 per share, we believe Paycom Software Inc. stock has further upside potential. Paycom stock has risen from $160 in March 2020 to $370 currently, more than the S&P which increased by around 95% from its lows...
June 17, 2021
Leaders from Paycom and The Kraft Group explain how they use technology to improve the employee experience
Summary List PlacementMiranda Blaiklock knows HR teams didn't have a playbook for handling the people and business challenges during the pandemic.
Chief among those challenges is the responsibility to holistically support employees, said Blaiklock who is the director of benefits, compensation, and…
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.
Paycom Blogs
July 16, 2021
The Perks of a Paycom Career
When a person commits to a company, they expect their commitment to come with some added perks. Paycom understands this commitment, and we don’t take it lightly. That’s because Paycom is more than just a company; it’s a community. And as we pursue our mission of redefining HR and payroll technology…
July 02, 2021
Workplace Camaraderie: The Secret Ingredient of Next-Level Organizations
The studies prove something most will find obvious: There are benefits to enjoying your work environment. Gallup found close work relationships boost employee satisfaction by 50% and having a best friend at work means you’re seven times more likely to be fully engaged in that work. Creating camarad…
June 25, 2021
Employee Spotlight: Meet Oscar
We interviewed one of our bilingual Paycom specialists, Oscar, to learn more about his Paycom journey. Describe what you do. I provide assistance and resources through direct customer communication as a dedicated Paycom specialist. What is your favorite thing about your team? The diversity of knowl…
June 18, 2021
Employee Spotlight: Meet Ashley
We interviewed one of our executive client relations representatives, Ashley, to learn more about her Paycom journey. Describe what you do. I am a client relations representative who works with executives to identify additional revenue opportunities, drive business initiatives and increase enterpri…
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…
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 SkypeTime, SD Worx and Salary.com.
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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