Stocks · Technology · Software - Application
Paycom Software, Inc. PAYC
$220.99 -2.85% Close, Oct 2, 2026 · NYSE · Market cap $9.96B
High qualityInexpensive vs sector
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count fell 18.5% in a year, mainly through buybacks.
- The stock is in an uptrend: above its 200-day average for 49 trading days, with the 50-day average above the 200-day.
- Diluted EPS over the last four quarters was $9.41, up 27.3% year over year.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 42%
- EPS growth (TTM, YoY)Top 39%
- FCF growth (TTM, YoY)Top 12%
- Revenue growth, 3-year CAGRTop 30%
- Revenue growth accelerationBottom 41%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 7%
- Gross marginTop 10%
- Operating marginTop 8%
- Cash conversion (OCF / net income)Top 38%
- Accruals (lower is better)Top 37%
- Net debt / EBITDA (lower is better)Bottom 43%
- Interest coverTop 11%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 21%
- Free-cash-flow yieldTop 19%
- EBITDA / enterprise valueTop 18%
- Sales / enterprise valueBottom 43%
- P/E vs own 5-year history (lower is better)Top 31%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 39%
- 6-month returnTop 17%
- 1-year return vs S&P 500Top 45%
- Distance from 52-week highTop 19%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 39%
- Consecutive EPS beatsTop 48%
- Share of analysts rating BuyBottom 26%
- Upside to consensus price targetBottom 11%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 44%
- Maximum drawdown, 3 yearsTop 44%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Bottom 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 9.4% | 9.2% | ↓ |
| EPS growth (YoY) | 23.4% | 27.3% | ↑ |
| Gross margin | 82.4% | 80.1% | ↓ |
| Operating margin | 28.1% | 30.3% | ↑ |
| FCF margin | 18.3% | 35.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.2% | 9.4% | ↓ | Bottom 42% |
| EPS growth (TTM, YoY) | 27.3% | 23.4% | ↑ | Top 39% |
| Gross margin | 80.1% | 82.4% | ↓ | Top 10% |
| Operating margin | 30.3% | 28.1% | ↑ | Top 8% |
| Net margin | 22.8% | 21.2% | ↑ | — |
| Free-cash-flow margin | 35.2% | 18.3% | ↑ | — |
| Return on invested capital | 23.3% | — | Top 7% | |
| Revenue growth, 3-year CAGR | 14.3% | — | Top 30% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.08×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 4.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +13.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.87×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 39.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.95%
- Net buyback yield (TTM)
- 27.74%
- Shareholder yield
- 28.69%
- Share count change, 1 year
- -18.5%
- Share count change, 3-year CAGR
- -7.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +5.5%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $207.75
- Target vs current price
- -6.0%
- Analysts with a rating
- 36
- Share rating Buy or Strong Buy
- 47%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +16.8% | -0.3% | +21.1% | +35.7% | — |
| May 6, 2026 | +5.4% | -4.0% | +4.5% | +4.6% | +24.5% |
| Feb 11, 2026 | +0.4% | -5.0% | -0.6% | +4.3% | +10.8% |
| Nov 5, 2025 | -0.5% | +1.0% | -6.4% | -9.5% | -26.7% |
| Aug 6, 2025 | +15.7% | -0.0% | -3.6% | -0.9% | -16.5% |
| May 7, 2025 | +8.9% | +0.4% | +14.2% | +16.2% | -0.6% |
| Feb 12, 2025 | +16.6% | +1.8% | +6.3% | +1.6% | +22.6% |
| Oct 30, 2024 | +3.7% | +2.8% | +30.4% | +41.0% | +27.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $2.78 | $2.38 | +16.8% | $531.2M |
| May 6, 2026 | $3.15 | $2.99 | +5.4% | $571.9M |
| Feb 11, 2026 | $2.45 | $2.44 | +0.4% | $544.3M |
| Nov 5, 2025 | $1.94 | $1.95 | -0.5% | $493.3M |
| Aug 6, 2025 | $2.06 | $1.78 | +15.7% | $483.6M |
| May 7, 2025 | $2.80 | $2.57 | +8.9% | $530.5M |
| Feb 12, 2025 | $2.32 | $1.99 | +16.6% | $493.8M |
| Oct 30, 2024 | $1.67 | $1.61 | +3.7% | $451.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 23.5× | 33.0× | 29th | Top 21% |
| P/E (forward) | 18.3× | — | — | — |
| EV / EBITDA | 12.0× | — | — | Top 18% |
| EV / Sales | 5.02× | — | — | Bottom 43% |
| Free-cash-flow yield | 7.58% | — | — | Top 19% |
| Earnings yield | 4.26% | — | — | Top 21% |
P/E over the past five years
Range 14.9× – 173.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +10.9%
- Earnings per share growth (TTM)
- +27.3%
- Change in P/E multiple
- -27.3%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 66
- Days above the 200-day average
- 49
- 50-day average slope (20 days)
- +18.5%
- 200-day average slope (20 days)
- +4.0%
- Distance from 50-day average
- +3.6%
- Distance from 200-day average
- +42.7%
- RSI (14)
- 50.9
- Relative volume
- 0.63×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 58.1%
- Volatility vs own 5-year history
- 88th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.01
- Correlation with S&P 500
- 0.32
- Current drawdown from 1-year high
- -8.1%
- Maximum drawdown, 3 years
- -59.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 2, 2021 | Apr 10, 2026 | -79.5% | 1112 days | Not yet recovered |
| Dec 22, 2020 | May 12, 2021 | -34.3% | 96 days | 60 days (Aug 6, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.96B
- P/E (TTM)
- 23.5
- EPS, diluted (TTM)
- $9.41
- Revenue (TTM)
- $2.14B
- Dividend yield
- 0.68%
- 52-week range
- $104.90 – $244.98
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.06B | $1.38B | $1.69B | $1.88B | $2.05B |
| Gross profit | $893.6M | $1.16B | $1.42B | $1.55B | $1.61B |
| Operating income | $253.6M | $378.7M | $451.3M | $634.3M | $567.2M |
| Net income | $196.0M | $281.4M | $340.8M | $502.0M | $453.4M |
| EPS (diluted) | $3.37 | $4.84 | $5.88 | $8.92 | $8.08 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $451.9M | $493.9M | $530.5M | $483.6M | $493.3M | $544.3M | $571.9M | $531.2M |
| Net income | $73.3M | $113.6M | $139.4M | $89.5M | $110.7M | $113.8M | $155.7M | $107.4M |
| EPS (diluted) | $1.31 | $2.02 | $2.48 | $1.58 | $1.96 | $2.07 | $3.04 | $2.34 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $319.4M | $365.1M | $485.0M | $533.9M | $678.9M |
| Capital expenditure | -$126.2M | -$136.8M | -$196.8M | -$197.3M | -$270.9M |
| Free cash flow | $193.2M | $228.3M | $288.2M | $336.6M | $408.0M |
| Dividends paid | $0 | $0 | -$64.8M | -$84.8M | -$84.8M |
| Net share buybacks | -$65.6M | -$94.7M | -$286.6M | -$122.8M | -$320.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $198.0M
- Total assets
- $5.20B
- Total liabilities
- $4.63B
- Total debt
- $982.8M
- Net debt
- $784.8M
- Shareholders’ equity
- $571.5M
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 24, 2026 | $0.38 | Sep 8, 2026 |
| May 26, 2026 | $0.38 | Jun 8, 2026 |
| Mar 9, 2026 | $0.38 | Mar 23, 2026 |
| Nov 24, 2025 | $0.38 | Dec 8, 2025 |
| Aug 25, 2025 | $0.38 | Sep 8, 2025 |
| May 27, 2025 | $0.38 | Jun 9, 2025 |
| Mar 10, 2025 | $0.38 | Mar 24, 2025 |
| Nov 25, 2024 | $0.38 | Dec 9, 2024 |
Short interest
- Shares sold short
- 2,655,517
- Days to cover
- 3.53
- Change vs previous report
- +12.2%
FINRA short interest, settlement date Sep 15, 2026.