Paylocity Holding Corp
Research Paylocity Holding Corp (PCTY) on Bullrun: valuation model: 3.8% overvalued, market cap USD 8.31B, P/E 31.6. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPCTY
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySoftware-Application
- CurrencyUSD
- Valuation signal3.8% overvalued
- Market capUSD 8.31B
- P/E31.6
- Financial periodFY2026
- RevenueUSD 1.77B
- Revenue growth20.4%
- Net incomeUSD 269.74M
- Free cash flowUSD 427.80M
- Gross margin69.2%
Valuation Snapshot
Bullrun's latest valuation model marks Paylocity Holding Corp as 3.8% overvalued; latest market cap is USD 8.31B; P/E is 31.6.
Peer valuation comparison
Latest P/E is 31.57x versus a Technology sector median of 28.7x (10.0% above).
Latest P/E is 31.57x versus a United States median of 23.75x (32.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 1.77B | USD 269.74M | USD 427.80M | 69.2% | n/a | USD 271.92M | USD 132.97M | USD 1.22B |
| FY2025 | USD 1.47B | USD 227.13M | USD 405.15M | 74.5% | 4.02 | USD 398.07M | USD 162.50M | USD 1.23B |
| FY2024 | USD 1.28B | USD 206.77M | USD 366.64M | 75.0% | 3.63 | USD 401.81M | USD 0 | USD 1.03B |
| FY2023 | USD 1.10B | USD 140.82M | USD 260.81M | 73.5% | 2.49 | USD 288.77M | USD 70.27M | USD 842.86M |
| FY2022 | USD 847.69M | USD 90.78M | USD 136.98M | 66.7% | 1.61 | USD 139.76M | USD 77.52M | USD 613.46M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 8.31B | 31.6 | n/a | n/a |
| 2025 | 2025-12-31 | USD 8.22B | 35.9 | n/a | n/a |
| 2024 | 2024-12-31 | USD 11.15B | 51.3 | n/a | n/a |
| 2023 | 2023-12-29 | USD 9.26B | 64.4 | n/a | n/a |
| 2022 | 2022-12-30 | USD 10.82B | 121.4 | n/a | n/a |
| 2021 | 2021-12-31 | USD 13.01B | 148.5 | n/a | n/a |
About Paylocity Holding Corp
Paylocity Holding Corporation provides cloud-based human capital management, finance, and IT software solutions in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, garnishments, and elevate payroll; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and elevate HR and HR edge;
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Frequently asked questions
Is Paylocity Holding Corp overvalued or undervalued?
Bullrun's valuation model currently marks Paylocity Holding Corp as 3.8% overvalued.
What is Paylocity Holding Corp's market cap?
Paylocity Holding Corp's market capitalization is USD 8.31B.
What is Paylocity Holding Corp's P/E ratio?
Paylocity Holding Corp's price-to-earnings (P/E) ratio is 31.6.
What does Paylocity Holding Corp do?
Paylocity Holding Corporation provides cloud-based human capital management, finance, and IT software solutions in the United States.