Paylocity Holding Corporation
PCTYTechnologyNASDAQSoftware - Application
Scan Results
Daily timeframePart of the technology sector, Paylocity Holding Corporation (PCTY) is listed under Software - Application. The $6.31B market capitalization puts PCTY squarely in mid-cap range for its industry. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, and garnishments; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and HR edge; time and attendance, scheduling, and time collection; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, market pay, learning, performance, and compensation.
Market Cap
$6.31B
Beta
0.50
P/E (TTM)
25.18
P/E (Fwd)
13.54
EPS (TTM)
$4.68
EPS (Fwd)
$8.70
ROE
21.6%
ROA
4.3%
Cash
$299.7M
Total Debt
$134.6M
Free CF
$367.6M
52W Change
-39.5%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $299.7M in cash comfortably exceeding the $134.6M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $367.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 21.6% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.3% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $852.7M (2022) to $1.60B (2025), reflecting a 87% increase over the period.
The relatively low beta of 0.50 suggests PCTY is a less volatile holding compared to the broader index. With cash comfortably exceeding debt, PCTY has financial flexibility that may help navigate uncertain periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PCTY.