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 Ratings4.2
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)3,765(+24%)
Job Openings241
Revenue (FY, 2020)$841.4 M(+15%)
Share Price (Sept 2021)$511.3(+3%)
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
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 (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
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

B

82/100

SecurityScorecard logo

Paycom Online and Social Media Presence

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Paycom Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    88/100

  • Compensation

    A+

    90/100

  • Diversity

    A+

    86/100

Learn more on Comparably

Paycom News and Updates

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...

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...

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...

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…

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.
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Paycom Blogs

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…

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…

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…

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…

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…
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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 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.