Since 1997, Paylocity has been providing innovative payroll services and human resource software solutions to employees and businesses across America. As America's leading independent provider of online payroll and HR solutions, Paylocity has twice been named "Service Bureau of the Year" by the Independent Payroll Providers Association (IPPA). Additionally Paylocity has been named three times by Inc. Magazine as being amongst the nation's fastest-growing, privately held companies. More importantly, Paylocity has maintained an average 97% client retention rate for 10 years running, a true testament to their client commitment and payroll and human resource software solutions.

Company Growth (employees)
Type
Public
HQ
Arlington Heights, US
Size (employees)
1,800 (est)+37%
Paylocity is headquartered in Arlington Heights, US

Key People at Paylocity

Steve Beauchamp

Steve Beauchamp

President & CEO
Rob Goldstein

Rob Goldstein

VP of Technical Services
Michael Haske

Michael Haske

Senior Vice President of Sales and Marketing
Grant Garris

Grant Garris

VP of Client Services
Ted Gaty

Ted Gaty

SVP of Product and Technology
Jay Schedler

Jay Schedler

VP of Human Resources

Paylocity Office Locations

Paylocity has offices in Arlington Heights, Lake Mary, Oakland, New York and in 74 other locations
Arlington Heights, US (HQ)
3850 N Wilke Rd
New York, US
809 115 W 29th St
Oakland, US
C 2107 Livingston St
Lake Mary, US
300 615 Crescent Executive Ct

Paylocity Metrics

Paylocity Financial Metrics

Revenue (2016)

$230.7 m

Revenue growth (2015-16), %

51%

Gross profit

$132.6 m

Gross profit margin (2016), %

57%

Net income (2016)

($3.9 m)

Market capitalization (28-Apr-2017)

$2 b

Closing share price (28-Apr-2017)

$39.7

Cash (30-Jun-2016)

$86.5 m
Paylocity's current market capitalization is $2 b.
Paylocity's revenue was reported to be $230.7 m in FY, 2016 which is a 51% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$108.7 m$152.7 m$230.7 m

Revenue growth, %

40%51%

Cost of goods sold

$55.1 m$70.9 m$98.1 m

Gross profit

$53.6 m$81.8 m$132.6 m

Gross profit Margin, %

49%54%57%

Sales and marketing expense

$28.3 m$43 m$61.8 m

R&D expense

$10.4 m$19.9 m$26.7 m

General and administrative expense

$22 m$32.8 m$47.6 m

Operating expense total

$60.6 m$95.7 m$136.2 m

EBIT

($7 m)($13.9 m)($3.6 m)

EBIT margin, %

(6%)(9%)(2%)

Pre tax profit

($6.9 m)($13.9 m)($3.7 m)

Income tax expense

$255 k$105 k$177 k

Net Income

($7.1 m)($14 m)($3.9 m)
FY, 2014FY, 2015FY, 2016

Cash

$78.8 m$81.3 m$86.5 m

Inventories

$28.8 m

Current Assets

$500.3 m$678.8 m$1.3 b

PP&E

$13.1 m$16.1 m$26.8 m

Goodwill

$3 m$6 m$6 m

Total Assets

$528.2 m$720.5 m$1.4 b

Accounts Payable

$49.8 m

Current Liabilities

$433.1 m$609.5 m$1.3 b

Additional Paid-in Capital

$125.3 m$155.7 m$171.5 m

Retained Earnings

($34.2 m)($48.1 m)($52 m)

Total Equity

$91.1 m$107.6 m$119.6 m

Financial Leverage

5.8 x6.7 x11.6 x
FY, 2014FY, 2015FY, 2016

Net Income

($7.1 m)($14 m)($3.9 m)

Depreciation and Amortization

$6.3 m$8.6 m$13.9 m

Accounts Receivable

($48.8 m)($31.6 m)

Accounts Payable

$5.2 m

Cash From Operating Activities

$71.3 m$2.4 m$5.2 m

Purchases of PP&E

($6.7 m)($9 m)($16.1 m)

Cash From Investing Activities

($78.8 m)($199.2 m)($673.4 m)

Long-term Borrowings

($1.6 m)($1.6 m)($1.6 m)

Cash From Financing Activities

$142.9 m$190.5 m$645.6 m

Interest Paid

$70 k$70 k$70 k

Income Taxes Paid

$106 k$162 k$3 k

Paylocity Market Value History

Paylocity Job Categories

Paylocity Online Presence

Paylocity Company Life

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