BILL vs PCTY

For growth investors, Paylocity Holding Corporation (PCTY) is the stronger pick with 13.

7% revenue growth year-over-year, versus 13. 4% for Bill. com Holdings, Inc. (BILL). Paylocity Holding Corporation (PCTY) offers the better valuation at 25. 5x trailing P/E (13. 2x forward), making it the more compelling value choice. Analysts rate Bill. com Holdings, Inc. (BILL) a "Buy" — based on 32 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Paylocity Holding Corporation (PCTY) is the cheapest at 25.

5x versus Bill. com Holdings, Inc. at 161. 2x. On forward P/E, Paylocity Holding Corporation is actually cheaper at 13. 2x.

Over the past 5 years, Paylocity Holding Corporation (PCTY) delivered a total return of -40.

1%, compared to -71. 6% for Bill. com Holdings, Inc. (BILL). Over 10 years, the gap is even starker: PCTY returned +208. 3% versus BILL's +4. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Paylocity Holding Corporation (PCTY) is the lower-risk stock at 0.

43β versus Bill. com Holdings, Inc. 's 1. 89β — meaning BILL is approximately 341% more volatile than PCTY relative to the S&P 500. On balance sheet safety, Paylocity Holding Corporation (PCTY) carries a lower debt/equity ratio of 18% versus 45% for Bill. com Holdings, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Paylocity Holding Corporation (PCTY) is pulling ahead at 13.

7% versus 13. 4% for Bill. com Holdings, Inc. (BILL). On earnings-per-share growth, the picture is similar: Bill. com Holdings, Inc. grew EPS 185. 2% year-over-year, compared to 10. 7% for Paylocity Holding Corporation. Over a 3-year CAGR, BILL leads at 31. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Paylocity Holding Corporation (PCTY) is the more profitable company, earning 14.

2% net margin versus 1. 6% for Bill. com Holdings, Inc. — meaning it keeps 14. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PCTY leads at 19. 1% versus -5. 5% for BILL. At the gross margin level — before operating expenses — BILL leads at 81. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Paylocity Holding Corporation (PCTY) trades at 13.

2x forward P/E versus 15. 5x for Bill. com Holdings, Inc. — 2. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PCTY: 63. 9% to $168. 08.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Paylocity Holding Corporation (PCTY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

43), +208. 3% 10Y return). Bill. com Holdings, Inc. (BILL) carries a higher beta of 1. 89 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PCTY: +208. 3%, BILL: +4. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.