Paylocity PCTY Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 68.8%+0.3pp | 68.5%-0.2pp | 68.8%+2.4pp | 66.3%+0.8pp | |
| Operating margin | 19.1%+0.5pp | 18.5%+5.3pp | 13.2%+3.3pp | 9.9%+0.8pp | |
| Net margin | 14.2%-0.5pp | 14.7%+2.8pp | 12%+1.3pp | 10.6%-0.5pp | |
| EBITDA margin | 25.3%+1.3pp | 24%+5.6pp | 18.4%+2.6pp | 15.8%-0.1pp | |
| Free cash flow margin | 25.4%-0.7pp | 26.1%+3.9pp | 22.2%+6.1pp | 16.1%-2.1pp | |
| Returns | |||||
| Return on equity | 20%-2.0pp | 22%+2.7pp | 19.3%+2.7pp | 16.7%+0.4pp | |
| Return on assets | 5.3%+0.1pp | 5.2%+1.9pp | 3.3%+0.8pp | 2.5%-0.7pp | |
| Efficiency | |||||
| Asset turnover | 0.4×0.0× | 0.4×+0.1× | 0.3×0.0× | 0.2×-0.1× | |
| Liquidity | |||||
| Current ratio | 1.1×0.0× | 1.1×0.0× | 1.1×+0.1× | 1×-0.1× | |
| Quick ratio | 1.1×0.0× | 1.1×0.0× | 1.1×+0.1× | 1×-0.1× | |
| Cash ratio | 0.9×-0.1× | 0.9×0.0× | 0.9×0.0× | 0.9×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 0.2×+0.1× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -5.6×+2.7× | -8.3×+2.6× | -10.9×+16.7× | -27.6×-9.0× | |
| Per Share | |||||
| Book value per share | $21.82+20.3% | $18.13+21.7% | $14.89+37.0% | $10.87+28.3% | |
| Valuation | |||||
| Market capitalization | $10.09B+35.7% | $7.43B-28.1% | $10.34B+7.5% | $9.61B-8.4% | |
| Enterprise value | $7.82B+68.5% | $4.64B-41.9% | $7.99B+35.4% | $5.9B-31.6% | |
| Price / earnings | 44.4×+8.5× | 35.9×-37.5× | 73.4×-32.5× | 105.9×-42.3× | |
| Price / sales | 6.3×+1.0× | 5.3×-3.5× | 8.8×-2.5× | 11.3×-5.2× | |
| Price / book | 8.2×+1.0× | 7.2×-5.1× | 12.3×-3.4× | 15.7×-6.3× | |
| EV / EBITDA | 19.4×+5.6× | 13.8×-23.2× | 37×-6.7× | 43.8×-41.7× | |
| EV / sales | 4.9×+1.6× | 3.3×-3.5× | 6.8×-0.1× | 6.9×-6.7× | |
| Free cash flow yield | 4%-0.9pp | 4.9%+2.4pp | 2.5%+1.1pp | 1.4%+0.3pp | |
| Earnings yield | 2.3%-0.5pp | 2.8%+1.4pp | 1.4%+0.4pp | 0.9%+0.3pp | |
| PEG ratio | 4.5×+3.7× | 0.8×-0.6× | 1.3×-2.4× | 3.8×-11.3× |
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.