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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Paycom Software, Inc. (PAYC) Quarterly Financial Ratios

Last 46 quarters of trend data · Technology · Software - Application

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Paycom Software, Inc.'s quarterly P/E stands at 26.5x, down 16.5% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 14.5% YoY to 18.2x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →14.1626.5536.6122.0225.3731.7929.8011.3936.1449.8672.3536.8956.22
—-16.5%+22.9%+93.4%-29.8%-36.2%-58.8%-69.1%-35.7%-45.6%+2.3%-32.7%-54.5%
P/S Ratio3.755.956.735.805.835.164.645.636.819.2511.629.7612.15
—+15.4%+45.1%+3.0%-14.3%-44.2%-60.1%-42.3%-44.0%-35.5%-9.4%-31.6%-42.7%
P/B Ratio4.516.877.237.167.316.365.697.839.0810.5713.2513.2115.23
—+7.9%+27.0%-8.5%-19.5%-39.8%-57.0%-40.8%-40.4%-40.6%-19.0%-33.9%-43.7%
P/FCF20.7137.6753.5721.2426.4152.2923.4727.8840.3281.1773.8841.7853.79
—-28.0%+128.2%-23.8%-34.5%-35.6%-68.2%-33.3%-25.0%-26.5%-66.4%-31.4%-53.9%
EV / EBITDA8.6418.1720.3813.1714.8815.8814.878.5521.0828.9539.4222.9733.72
—+14.5%+37.0%+54.1%-29.4%-45.2%-62.3%-62.8%-37.5%-39.9%-6.6%-31.5%-50.6%
EV / EBIT10.6318.6026.6515.5218.3620.8019.459.3625.8835.6348.5225.7738.36
—-10.6%+37.0%+65.8%-29.1%-41.6%-59.9%-63.7%-32.5%-42.3%-11.3%-33.7%-55.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Paycom Software, Inc.'s operating margin was 22.8% in Q3 2025, down 0.4 pp QoQ and down 0.4 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 27.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 3.2% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin82.2%77.9%81.9%84.1%83.0%80.5%80.8%84.3%82.8%83.0%83.2%85.6%84.1%
—-3.2%+1.3%-0.2%+0.3%-3.1%-2.8%-1.5%-1.5%-0.6%-1.2%-0.8%+0.5%
Operating Margin33.7%22.8%23.2%34.9%30.1%23.2%21.7%57.2%24.6%23.8%21.8%35.5%28.6%
—-1.6%+6.8%-39.0%+22.4%-2.7%-0.1%+60.9%-14.0%+7.3%-4.7%-0.5%+18.6%
Net Margin26.7%22.4%18.5%26.3%23.0%16.2%15.5%49.4%18.8%18.5%16.1%26.4%21.6%
—+38.4%+19.1%-46.9%+22.3%-12.4%-3.4%+87.2%-12.8%+18.6%-11.1%+1.6%+26.3%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE34.9%6.3%5.1%8.5%7.5%5.1%4.7%18.0%6.0%5.3%4.7%9.5%7.1%
—+24.4%+7.2%-53.1%+24.5%-4.7%+0.8%+90.3%-15.2%+5.6%-17.8%-1.9%+25.0%
ROA10.0%2.7%2.1%2.7%2.4%1.9%1.5%5.5%2.0%1.9%1.6%2.9%2.2%
—+42.5%+38.4%-51.7%+19.7%-2.6%-4.6%+89.0%-8.4%+51.6%+41.9%+38.0%+69.1%
ROIC40.6%6.1%6.4%11.0%9.0%6.8%6.6%19.9%7.8%7.8%7.5%14.4%9.9%
—-10.9%-3.6%-45.0%+15.2%-12.2%-10.8%+38.2%-21.4%+7.2%-2.4%+0.7%+22.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Paycom Software, Inc.'s Debt/EBITDA ratio is 0.5x — comfortably within a safe range.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.050.050.050.050.050.06——0.060.020.020.020.02
—-10.4%——-9.1%+170.3%——+137.5%-24.3%-29.3%-23.7%-24.8%
Debt / EBITDA0.110.540.530.360.440.57——0.550.230.250.160.22
—-5.1%——-19.6%+145.3%——+148.5%-22.3%-17.5%-20.0%-33.4%
Current Ratio1.101.221.301.201.101.191.131.121.111.241.241.191.16
—+2.6%+15.3%+7.5%-0.7%-3.8%-9.0%-5.9%-4.5%+5.4%+14.9%+10.4%+2.8%
Quick Ratio1.101.221.301.201.101.191.131.121.111.241.241.191.16
—+2.6%+15.3%+7.5%-0.7%-3.8%-9.1%-5.9%-4.5%+5.5%+14.9%+10.4%+2.8%
Interest Coverage186.56102.36140.38231.38141.81132.92118.88357.25401.21436.49144.96191.68111.52
—————————————

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Includes 30+ ratios · 46 years · Updated daily

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PAYC — Frequently Asked Questions

Quick answers to the most common questions about buying PAYC stock.

What is Paycom Software, Inc.'s quarterly P/E ratio trend?

Paycom Software, Inc.'s current P/E is 14.2x. The average P/E over the last 4 quarters is 27.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Paycom Software, Inc.'s margins change by quarter?

Paycom Software, Inc.'s current operating margin is 33.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at PAYC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Paycom Software, Inc.'s business trajectory between earnings reports.

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