PCTYPaylocity Holding Corp
Services-Prepackaged Software
- Revenue
- $1.7B
- 12% YoY
- Operating margin
- 23.4%
- 13% YoY
- EBITDA
- $498M
- 23% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.4×
- −$191M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear198% of net incomeCash flow under 80% of net income
- Dilutive SBCClear8% of revenueOver 10% of revenue
- Payouts exceed cash flowClear75% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear8% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $848M | $1.1B | $1.3B | $1.5B | $1.7B | 12% |
| Operating income | $85M | $155M | $260M | $304M | $386M | 27% |
| Net income | $91M | $141M | $207M | $227M | $270M | 19% |
| Operating cash flow | $155M | $283M | $385M | $418M | $533M | 28% |
| Capex | $18M | $22M | $18M | $13M | $36M | 177% |
| Stock-based comp | $96M | $147M | $146M | $143M | $139M | 2.9% |
| Buybacks | $0 | $0 | $150M | $150M | $398M | 166% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $21M · 39
- Net
- −$21M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 55 | 100 |
| FY2025 | — | — | 95 | 111 |
| FY2024 | — | — | 69 | 88 |
| FY2023 | — | — | 97 | 78 |
| FY2022 | — | — | 91 | 65 |