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.

Paylocity PCTY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Profitability
Gross margin	69.3%+0.6pp	69%+0.5pp	68.8%+0.3pp	68.8%+0.3pp	68.7%-0.2pp
Operating margin	21.3%+1.9pp	20.1%+1.4pp	19.1%-0.4pp	19.1%+0.5pp	19.4%+1.2pp
Net margin	14.9%+0.3pp	14.2%-0.6pp	13.7%-1.6pp	14.2%-0.5pp	14.7%+0.2pp
EBITDA margin	27.6%+2.2pp	26.5%+2.0pp	25.6%+0.4pp	25.3%+1.3pp	25.4%+1.9pp
Free cash flow margin	28.2%+2.6pp	27.5%+2.4pp	24.3%-3.1pp	25.4%-0.7pp	25.6%-0.7pp
Returns
Return on equity	21.6%+1.9pp	21%+0.5pp	20.4%-1.8pp	20%-2.0pp	19.7%-1.2pp
Return on assets	4.9%+0.4pp	3.9%-0.6pp	5.5%-0.3pp	5.3%+0.1pp	4.5%+0.2pp
Efficiency
Asset turnover	0.3×0.0×	0.3×0.0×	0.4×0.0×	0.4×0.0×	0.3×0.0×
Liquidity
Current ratio	1.1×-0.1×	1×-0.1×	1.1×-0.2×	1.1×0.0×	1.1×0.0×
Quick ratio	1.1×-0.1×	1×-0.1×	1.1×-0.2×	1.1×0.0×	1.1×0.0×
Cash ratio	0.9×-0.1×	0.9×-0.1×	0.8×-0.3×	0.9×-0.1×	0.9×0.0×
Leverage
Debt-to-equity	0.1×-0.1×	0.1×-0.2×	0.1×-0.2×	0.2×+0.1×	0.2×+0.2×
Debt-to-assets	0×0.0×	0×-0.1×	0×-0.1×	0×0.0×	0.1×0.0×
Net debt / EBITDA	-7.1×+0.7×	-11.1×-2.5×	-5.2×+0.9×	-5.6×+2.7×	-7.8×+3.2×
Per Share
Book value per share	$21.76+2.2%	$20.05-2.9%	$19.75+0.5%	$21.82+20.3%	$21.29+10.5%
Valuation
Market capitalization	$5.82B-44.4%	$8.29B-25.4%	$8.79B-5.3%	$10.09B+35.7%	$10.47B+8.1%
Enterprise value	$2.42B-67.1%	$3.36B-57.8%	$6.6B-6.3%	$7.82B+68.5%	$7.38B+19.6%
Price / earnings	22.6×-23.5×	34.8×-15.5×	39×-2.9×	44.4×+8.5×	46.1×-3.6×
Price / sales	3.4×-3.4×	4.9×-2.5×	5.4×-1.0×	6.3×+1.0×	6.7×-0.4×
Price / book	4.9×-3.7×	7.6×-1.9×	8×-0.4×	8.2×+1.0×	8.7×-0.1×
EV / EBITDA	5.1×-13.6×	7.6×-14.1×	15.7×-3.6×	19.4×+5.6×	18.7×-0.6×
EV / sales	1.4×-3.4×	2×-3.3×	4×-0.8×	4.9×+1.6×	4.8×+0.2×
Free cash flow yield	8.4%+4.6pp	5.6%+2.2pp	4.5%+0.3pp	4%-0.9pp	3.8%+0.1pp
Earnings yield	4.4%+2.3pp	2.9%+0.9pp	2.6%+0.2pp	2.3%-0.5pp	2.2%+0.2pp
PEG ratio	1.7×-1.1×	4.5×+2.9×	23.2×+22.4×	4.5×+3.7×	2.8×+2.0×

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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.