Skip to content

Paylocity PCTY Ratios & Valuation

Q3 '26Q2 '26Q1 '26Q4 '25Q3 '25
Profitability
Gross margin69.3%+0.3pp69%+0.2pp68.8%0.0pp68.8%+0.1pp68.7%+0.2pp
Operating margin21.3%+1.2pp20.1%+1.0pp19.1%+0.1pp19.1%-0.3pp19.4%+0.7pp
Net margin14.9%+0.8pp14.2%+0.4pp13.7%-0.5pp14.2%-0.4pp14.7%-0.1pp
EBITDA margin27.6%+1.1pp26.5%+0.9pp25.6%+0.3pp25.3%-0.1pp25.4%+0.9pp
Free cash flow margin28.2%+0.7pp27.5%+3.1pp24.3%-1.1pp25.4%-0.2pp25.6%+0.5pp
Returns
Return on equity21.6%+0.6pp21%+0.6pp20.4%+0.4pp20%+0.3pp19.7%-0.8pp
Return on assets4.9%+1.0pp3.9%-1.6pp5.5%+0.2pp5.3%+0.8pp4.5%0.0pp
Efficiency
Asset turnover0.3×+0.1×0.3×-0.1×0.4×0.0×0.4×+0.1×0.3×0.0×
Liquidity
Current ratio1.1×0.0×0.0×1.1×-0.1×1.1×0.0×1.1×0.0×
Quick ratio1.1×0.0×0.0×1.1×-0.1×1.1×0.0×1.1×0.0×
Cash ratio0.9×0.0×0.9×+0.1×0.8×-0.1×0.9×-0.1×0.9×0.0×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×-0.1×0.2×-0.1×0.2×-0.1×
Debt-to-assets0.0×0.0×0.0×0.0×0.1×0.0×
Net debt / EBITDA-7.1×+3.9×-11.1×-5.9×-5.2×+0.4×-5.6×+2.2×-7.8×+0.7×
Per Share
Book value per share$21.76+8.5%$20.05+1.5%$19.75-9.5%$21.82+2.5%$21.29+3.0%
Valuation
Market capitalization$5.82B-29.8%$8.29B-5.6%$8.79B-12.9%$10.09B-3.7%$10.47B-5.8%
Enterprise value$2.42B-27.9%$3.36B-49.0%$6.6B-15.6%$7.82B+6.0%$7.38B-7.5%
Price / earnings22.6×-12.2×34.8×-4.1×39×-5.5×44.4×-1.6×46.1×-4.2×
Price / sales3.4×-1.6×4.9×-0.4×5.4×-1.0×6.3×-0.4×6.7×-0.7×
Price / book4.9×-2.6×7.6×-0.4×-0.2×8.2×-0.5×8.7×-0.8×
EV / EBITDA5.1×-2.5×7.6×-8.2×15.7×-3.6×19.4×+0.7×18.7×-3.0×
EV / sales1.4×-0.6×-2.0×-0.9×4.9×+0.1×4.8×-0.6×
Free cash flow yield8.4%+2.8pp5.6%+1.0pp4.5%+0.5pp4%+0.2pp3.8%+0.4pp
Earnings yield4.4%+1.6pp2.9%+0.3pp2.6%+0.3pp2.3%+0.1pp2.2%+0.2pp
PEG ratio1.7×-2.8×4.5×-18.7×23.2×+18.7×4.5×+1.7×2.8×+1.2×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Paylocity's profit margins?
Paylocity (PCTY) runs a 69.3% gross margin and a 21.3% operating margin, with a 14.9% net margin.
Where do Paylocity's ratios come from?
Every ratio is computed from Paylocity's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.