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Paylocity PCTY Debt-to-equity

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Other financials

Income statement

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Revenue$502.3M+10.5%
Gross profit$363.2M+11.9%
Operating income$157.0M+23.6%
Net income$111.3M+21.6%
EPS (diluted)$2.05+27.3%

Balance sheet

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Cash & equivalents$3.5B+4.1%
Total debt$134.6M-55.3%
Total equity$1.2B-2.3%
Total assets$5.4B+5.3%

Cash flow

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Operating cash flow$217.9M+17.2%
CapEx$8.4M+262%
Free cash flow$209.5M+14.1%

Valuation

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Market cap$5.41B-44.4%

Profitability

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Gross margin69.3%+0.6pp
Operating margin21.3%+1.9pp
Net margin14.9%+0.3pp
FCF margin28.2%+2.6pp

Returns & leverage

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Return on equity21.6%+1.9pp
Current ratio1.1×-0.1×

Where this comes from

Calculated from Paylocity’s reported figures.

Based on the most recent quarter.

The official record: Paylocity’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paylocity's debt-to-equity?
Paylocity (PCTY) reported debt-to-equity of 0.1× in Q1 2026.
How has Paylocity's debt-to-equity changed year-over-year?
Paylocity's debt-to-equity decreased by 54.2% year-over-year, from 0.2× to 0.1×.
What is the long-term trend for Paylocity's debt-to-equity?
Over 4 years (2021 to 2025), Paylocity's debt-to-equity has grown at a 3.0% compound annual growth rate (CAGR), from 0.2× to 0.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.