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Paylocity PCTY Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin68.8%+0.3pp68.5%-0.2pp68.8%+2.4pp66.3%+0.8pp
Operating margin19.1%+0.5pp18.5%+5.3pp13.2%+3.3pp9.9%+0.8pp
Net margin14.2%-0.5pp14.7%+2.8pp12%+1.3pp10.6%-0.5pp
EBITDA margin25.3%+1.3pp24%+5.6pp18.4%+2.6pp15.8%-0.1pp
Free cash flow margin25.4%-0.7pp26.1%+3.9pp22.2%+6.1pp16.1%-2.1pp
Returns
Return on equity20%-2.0pp22%+2.7pp19.3%+2.7pp16.7%+0.4pp
Return on assets5.3%+0.1pp5.2%+1.9pp3.3%+0.8pp2.5%-0.7pp
Efficiency
Asset turnover0.4×0.0×0.4×+0.1×0.3×0.0×0.2×-0.1×
Liquidity
Current ratio1.1×0.0×1.1×0.0×1.1×+0.1×-0.1×
Quick ratio1.1×0.0×1.1×0.0×1.1×+0.1×-0.1×
Cash ratio0.9×-0.1×0.9×0.0×0.9×0.0×0.9×-0.1×
Leverage
Debt-to-equity0.2×+0.1×0.1×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×
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 / earnings44.4×+8.5×35.9×-37.5×73.4×-32.5×105.9×-42.3×
Price / sales6.3×+1.0×5.3×-3.5×8.8×-2.5×11.3×-5.2×
Price / book8.2×+1.0×7.2×-5.1×12.3×-3.4×15.7×-6.3×
EV / EBITDA19.4×+5.6×13.8×-23.2×37×-6.7×43.8×-41.7×
EV / sales4.9×+1.6×3.3×-3.5×6.8×-0.1×6.9×-6.7×
Free cash flow yield4%-0.9pp4.9%+2.4pp2.5%+1.1pp1.4%+0.3pp
Earnings yield2.3%-0.5pp2.8%+1.4pp1.4%+0.4pp0.9%+0.3pp
PEG ratio4.5×+3.7×0.8×-0.6×1.3×-2.4×3.8×-11.3×

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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.