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 Ratings4.3
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)3,765(+24%)
Job Openings157
Revenue (FY, 2020)$841.4 M(+15%)
Share Price (Jun 2021)$322.3
Cybersecurity ratingCMore

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
Holly Faurot

Holly Faurot

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 $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
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

433.0m566.3m737.7m841.4m

Revenue growth, %

32%31%30%

Cost of goods sold

72.0m90.8m109.7m123.5m

Gross profit

361.0m475.6m627.9m717.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

153.9m128.8m133.3m199.9m169.3m175.0m242.4m181.6m196.5m272.2m

Cost of goods sold

23.6m20.9m22.1m29.3m25.2m26.4m30.0m29.6m30.9m36.3m

Gross profit

130.3m107.9m111.2m170.6m144.1m148.6m212.3m152.0m165.6m235.9m

Gross profit Margin, %

85%84%83%85%85%85%88%84%84%87%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

46.1m45.7m133.7m151.7m

Accounts Receivable

1.6m3.4m9.3m9.1m

Prepaid Expenses

5.0m7.7m13.6m17.9m

Inventories

979.0k797.0k1.2m1.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

68.1m54.6m85.0m91.3m94.8m108.1m181.8m113.5m156.4m215.1m

Accounts Receivable

2.4m2.4m2.2m3.8m2.9m2.6m8.1m9.3m12.4m19.8m

Prepaid Expenses

7.0m8.0m7.9m9.2m11.3m12.7m17.9m25.0m20.8m24.1m

Inventories

420.0k477.0k574.0k910.0k767.0k700.0k930.0k1.4m924.0k1.1m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

66.8m137.1m180.6m143.5m

Depreciation and Amortization

19.4m29.7m42.2m53.4m

Inventories

462.0k(306.0k)(403.0k)(41.0k)

Accounts Payable

79.0k1.1m(221.0k)1.5m
Quarterly
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

313131313636363642424242434545464749494950

Annual Revenue Retention Rate

91%91%91%91%92%93%
Show all operating metrics

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

C

78/100

SecurityScorecard logo

Paycom Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Paycom Online and Social Media Presence

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Paycom Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    86/100

  • Compensation

    A

    83/100

Learn more on Comparably

Paycom News and Updates

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...

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...
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Paycom Blogs

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…

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…

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…

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…

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…

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…
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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 $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.