Paycom (NYSE:PAYC) helps employers streamline their payroll and HR processes with the latest cloud-based human capital management technology. We innovated payroll services over the Internet and for over a decade, our Software-as-a-Service (SaaS) solution has helped to free companies from the constraints of traditional software. In addition to payroll processing we offer a complete suite of human capital management tools that includes time and attendance, HRIS, talent acquisition, HR management and talent management all in one online application. Paycom is growing at a phenomenal pace by providing cutting-edge technology and personal payroll expertise at a lower cost. As one of the largest and fastest-growing human capital management providers, Paycom serves clients in all 50 states from 36 sales teams across the country.
Company Growth (employees)
Type
Public
HQ
Oklahoma City, US
Founded
1998
Size (employees)
2,075 (est)+43%
Website
paycom.com
Paycom was founded in 1998 and is headquartered in Oklahoma City, US

Paycom Office Locations

Paycom has offices in Oklahoma City, Phoenix, Pasadena, Sacramento and in 37 other locations
Oklahoma City, US (HQ)
7501 W Memorial Rd
Show all (41)

Paycom Data and Metrics

Paycom Financial Metrics

Paycom's revenue was reported to be $329.1 m in FY, 2016 which is a 47% increase from the previous period.
USD

Revenue (FY, 2016)

329.1 m

Revenue growth (FY, 2015 - FY, 2016), %

47%

Gross profit (FY, 2016)

275.1 m

Gross profit margin (FY, 2016), %

84%

Net income (FY, 2016)

43.8 m

EBIT (FY, 2016)

58 m

Market capitalization (20-Jul-2017)

4.1 b

Closing share price (20-Jul-2017)

69.6

Cash (31-Dec-2016)

60.2 m

EV

4 b
Paycom's current market capitalization is $4.1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

150.9 m224.7 m329.1 m

Revenue growth, %

49%47%

Cost of goods sold

35.5 m54.1 m

Gross profit

189.2 m275.1 m

Gross profit Margin, %

84%84%

Sales and marketing expense

92.6 m119.3 m

R&D expense

8.6 m21 m

General and administrative expense

47.8 m69 m

Operating expense total

135.2 m190.2 m271.2 m

EBIT

9.7 m34.4 m58 m

EBIT margin, %

6%15%18%

Interest expense

(1.4 m)(1 m)

Pre tax profit

33.5 m57.2 m

Income tax expense

12.6 m13.4 m

Net Income

5.7 m20.9 m43.8 m
USDFY, 2014FY, 2015FY, 2016

Cash

25.1 m50.7 m60.2 m

Accounts Receivable

2.8 m2.4 m1.3 m

Inventories

195 k1.1 m675 k

Current Assets

693.4 m761.1 m925.6 m

PP&E

58.9 m96.8 m

Goodwill

51.9 m51.9 m51.9 m

Total Assets

798.9 m876.8 m1.1 b

Accounts Payable

3 m4.9 m3.7 m

Total Debt

1.1 m

Current Liabilities

678.8 m727.5 m898.9 m

Non-Current Liabilities

46 m50.9 m63.2 m

Total Liabilities

724.8 m778.5 m962.1 m

Additional Paid-in Capital

67.9 m71.1 m95.5 m

Retained Earnings

5.7 m26.6 m70.4 m

Total Equity

74.1 m98.3 m116.5 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

10.8 x8.9 x9.3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

5.7 m20.9 m43.8 m

Depreciation and Amortization

7.2 m9.4 m13.6 m

Accounts Receivable

(1.1 m)440 k1 m

Inventories

267 k(224 k)418 k

Accounts Payable

(2.4 m)(431 k)(1.6 m)

Cash From Operating Activities

11.8 m43 m99 m

Purchases of PP&E

(14.3 m)(16.5 m)(43.8 m)

Cash From Investing Activities

(219.1 m)(52.3 m)(205.1 m)

Long-term Borrowings

(65.7 m)(1.1 m)(964 k)

Cash From Financing Activities

208.5 m34.9 m115.5 m

Income Taxes Paid

2 m19.2 m9.3 m
Y, 2016

EV/EBIT

69 x

EV/CFO

40.4 x

Financial Leverage

9.3 x

Paycom Operating Metrics

Paycom's Customers was reported to be 17.8 k in FY, 2016, which is a 19% increase from the previous period
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Sales Teams

31313131363636364242424243

Customers

11 k12.78 k15 k17.82 k

Annual Revenue Retention Rate

91%91%91%

    Paycom Market Value History

    Paycom Revenue Breakdown

    Paycom Job Categories

    Paycom Median Salaries

    Source: 40 public H-1B filings from Paycom

    Paycom Online and Social Media Presence

    Paycom Company Life and Culture

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