Paycom Software, Inc. (PAYC) Stock Price & Analysis
Paycom Software, Inc. (PAYC) closed at USD 272.61 on Thursday, October 22, 2026, up 4.44% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 272.61; the Oct 22, 2026 session ranged USD 262.1–273.31 on volume of 678,872 shares. Market capitalization is —, with a 52-week range of USD 104.9–273.37 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PAYC.md
Key facts (PAYC)
- Last four reported quarters (through Jun 30, 2026): revenue $2.14B, net income $488M (22.8% margin), free cash flow $575M (SEC filings).
- Valuation: P/E 25.2x (avg 26.0x at the last 3 fiscal year-ends), EV/EBITDA 16.3x, net debt $702M.
- 3 of 80 tracked superinvestors hold PAYC (13F, Q2 2026): 0 new, 1 added, 1 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $1.0M; 2 not under a Rule 10b5-1 plan ($1.0M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.90 on a 1–5 scale) (21 analysts), mean target USD 222.59 (range 160–286).
- Total return with dividends: 1Y +37.4% vs S&P 500 +14.9%; 5Y -47.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 2.8, revenue estimate $535M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PAYC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.06B | $1.38B | $1.69B | $1.88B | $2.05B | $2.14B |
| Gross profit | $894M | $1.16B | $1.42B | $1.55B | $1.71B | — |
| Operating income | $254M | $379M | $451M | $634M | $567M | $648M |
| Net income | $196M | $281M | $341M | $502M | $453M | $488M |
| EPS (diluted) | $3.37 | $4.84 | $5.88 | $8.92 | $8.08 | — |
| Free cash flow | $199M | $232M | $292M | $341M | $408M | $575M |
| Gross margin | 84.7% | 84.5% | 83.7% | 82.2% | 83.2% | — |
| Operating margin | 24.0% | 27.5% | 26.6% | 33.7% | 27.6% | 30.3% |
| Net margin | 18.6% | 20.5% | 20.1% | 26.7% | 22.1% | 22.8% |
| Revenue growth | +25.4% | +30.3% | +23.2% | +11.2% | +8.9% | — |
| Cash + short-term investments | $278M | $401M | $294M | $402M | $370M | — |
| Total debt | $29.2M | $29.0M | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PAYC)
P/E 25.2x · P/S 5.7x · EV/EBITDA 16.3x · EV/Sales 6.1x · P/FCF 21.4x · P/B 21.5x · FCF yield 4.68% · Earnings yield 3.97% · Dividend yield (paid, TTM) 0.63% · Net debt $702M · EV $13.0B
P/E at fiscal year-ends: Dec 2025 19.7x, Dec 2024 23.0x, Dec 2023 35.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (PAYC)
3 of 80 tracked investors hold PAYC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Robert Vinall | RV Capital GmbH | 0.70% | $2.7M | Unchanged |
| Bill Nygren | Oakmark Funds | 0.57% | $427M | Added +4.3% |
| Terry Smith | Fundsmith | 0.09% | $12.7M | Reduced -54.1% |
Insider sales (SEC Form 4, open-market, last ~7 months) (PAYC)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-27…2026-08-28 | Hadlock Terrell Shane | President/Chief Client Officer | 2,818 | $670K | 3.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-18 | Peck Randall | Chief Operating Officer | 2,500 | $351K | 4.3% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PAYC)
Consensus Hold (mean 2.90 on a 1–5 scale), 21 analysts; mean target USD 222.59 (low 160, high 286).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Barclays | Target raised | Equal-Weight | $210 → $250 |
| 2026-10-02 | TD Cowen | Target raised | Buy | $244 → $286 |
| 2026-09-21 | Keybanc | Target raised | Overweight | $270 → $280 |
| 2026-09-01 | UBS | Target raised | Buy | $205 → $285 |
| 2026-08-25 | JP Morgan | Target raised | Neutral | $140 → $264 |
| 2026-08-07 | Citigroup | Target raised | Neutral | $136 → $194 |
| 2026-08-06 | TD Cowen | Target raised | Buy | $149 → $244 |
| 2026-08-06 | UBS | Target raised | Buy | $195 → $205 |
| 2026-08-06 | Barclays | Target raised | Equal-Weight | $154 → $210 |
| 2026-08-06 | Keybanc | Target raised | Overweight | $195 → $270 |
| 2026-08-06 | Stifel | Target raised | Hold | $120 → $200 |
| 2026-08-06 | Guggenheim | Target raised | Buy | $180 → $225 |
Total return (dividends reinvested) (PAYC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +37.4% | -47.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +37.6% | -12.1% |
| Volatility (annualized) | 46.9% | 47.2% |
| Max drawdown | -43.0% (Oct 2025→Apr 2026) | -78.8% (Oct 2021→Apr 2026) |
PAYC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Recurring & Other | $505.2M | 95.1% | +11.0% |
| — Recurring (part of Recurring & Other) | $497.9M | 93.7% | +10.9% |
| — Implementation & Other (part of Recurring & Other) | $7.3M | 1.4% | +21.7% |
| Interest On Funds Held For Clients | $26.0M | 4.9% | -8.8% |
| Total revenue | $531.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
PAYC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Visa (V) | “We rely on third-party couriers to deliver payroll checks and tax forms and on financial and accounting processing systems and various financial institutions to perform financial services in connection with our applications, such as providing automated clearing house ("ACH") and wire transfers as part of our payroll and payroll tax payment services and facilitating our Vault Visa® Payroll Card.” |
| Competitor | Oracle (ORCL) | “We compete with companies such as Automatic Data Processing, Inc., Dayforce, Inc., Intuit, Inc., Oracle Corporation, Paychex, Inc., Paylocity Holding Corporation, SAP SE, ServiceNow, Inc., Ultimate Kronos Group, Workday, Inc., and other international, national, regional, and local providers.” |
| Competitor | SAP (SAP) | “We compete with companies such as Automatic Data Processing, Inc., Dayforce, Inc., Intuit, Inc., Oracle Corporation, Paychex, Inc., Paylocity Holding Corporation, SAP SE, ServiceNow, Inc., Ultimate Kronos Group, Workday, Inc., and other international, national, regional, and local providers.” |
| Competitor | ServiceNow (NOW) | “We compete with companies such as Automatic Data Processing, Inc., Dayforce, Inc., Intuit, Inc., Oracle Corporation, Paychex, Inc., Paylocity Holding Corporation, SAP SE, ServiceNow, Inc., Ultimate Kronos Group, Workday, Inc., and other international, national, regional, and local providers.” |
Quoted from the company's 10-K filed Feb 19, 2026.
PAYC company outlook (results filed Aug 5, 2026)
- “Paycom provides the following expected financial guidance for the year ending December 31, 2026.”
Quoted word-for-word from the SEC 8-K results press release.
PAYC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.80 | $2.39 | +16.9% | $534.9M | 20 |
| Next quarter (ends Dec 2026) | $3.32 | $2.94 | +12.8% | $571.2M | 20 |
| Current fiscal year (ends Dec 2026) | $12.10 | $10.91 | +10.8% | $2.21B | 21 |
| Next fiscal year (ends Dec 2027) | $13.96 | $12.28 | +13.8% | $2.37B | 21 |
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 272.61 |
|---|---|
| Change | ▲ 4.44% (up) |
| Previous Close | USD 272.61 |
| Open | USD 272.61 |
| Day Range | USD 262.1 – 273.31 |
| 52-Week Range | USD 104.9 – 273.37 |
| Volume | 678,872 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (PAYC)
Nexqual's technical model rates PAYC "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 79.18 (overbought) |
| vs SMA50 | Above (USD 230.41) |
| MACD | 11.23 (positive) |
Analyst Ratings (PAYC)
Wall Street analysts rate PAYC "Hold" based on 21 analysts, with a mean price target of USD 222.59 (range USD 160–286), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 21 |
| Mean Target | USD 222.59 |
| High Target | USD 286 |
| Low Target | USD 160 |
| Buy / Hold / Sell | 6 / 13 / 2 |
Earnings (PAYC)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 2.8 |
| Revenue Estimate | $534.85M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.78 vs est 2.38 ▲ beat |
| 2026-03-31 | USD 3.15 vs est 2.99 ▲ beat |
| 2025-12-31 | USD 2.45 vs est 2.45 ▲ beat |
| 2025-09-30 | USD 1.94 vs est 1.97 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (PAYC)
| Total Revenue | $2.14B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +9.80% |
| Gross Margin | +88.06% |
| Operating Margin | +31.72% |
| Profit Margin | +22.78% |
| ROE | +41.09% |
| Debt / Equity | 1.72 |
| Current Ratio | 1.07 |
| Total Cash | $198.00M |
| Total Debt | $982.80M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $575.10M (26.9% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (PAYC)
Nexqual rates Paycom Software, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 88%, operating 32% (last 12 months) |
| Balance Sheet | Weak — $198M cash and investments vs $900M debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $575M (last 4 quarters to Jun 2026, SEC), 27% margin |
| Efficiency | Strong — ROE 41%, ROA 8.8% |
Ownership (PAYC)
| Insider Ownership | +14.07% |
|---|---|
| Institutional Ownership | +95.75% |
| Shares Outstanding | 45.07M |
| Float | 37.54M |
| Short % of Float | +6.68% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (PAYC)
Paycom Software, Inc. is led by Chad R. Richison, Founder, CEO & Chairman of the Board, per Nexqual as of October 23, 2026 at 09:23 UTC.
| Founder, CEO & Chairman of the Board | Chad R. Richison |
|---|---|
| President & Chief Client Officer | Terrell Hadlock |
| Chief Financial Officer | Robert D. Foster |
| Chief Operating Officer | Randy Peck |
Major Backers & Investors (PAYC)
Notable institutional backers of Paycom Software, Inc. include Harris Associates L.P., Two Sigma Investments, LP, Reinhart Partners, LLC, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Harris Associates L.P. | 7.54% |
| Two Sigma Investments, LP | 3.11% |
| Reinhart Partners, LLC | 2.28% |
| Baillie Gifford | 2.16% |
| First Trust Advisors LP | 2.16% |
| Fidelity | 2.03% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 11.17% |
| Vanguard Group | 8.68% |
| State Street | 3.07% |
| Geode Capital | 2.69% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Paycom Software, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- We offer an end-to-end SaaS HCM solution that provides our clients and their employees with immediate access to accurate and secure information and analytics at any time from any location where internet service is available.
- With Global HCM, a number of our HCM applications and tools are available in 15 languages and dialects and are accessible to users in more than 190 countries.
- We are a leading provider of a comprehensive, cloud-based HCM solution delivered as Software-as-a-Service ("SaaS").
- Since our founding, we have focused on providing an innovative SaaS HCM solution.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in laws, government regulations and policies could have a material adverse effect on our business and results of operations.
- Failure to comply with privacy, data protection and cybersecurity laws and regulations could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences.
- The adoption of new, or adverse interpretations of existing U.S. state, U.S. federal, or foreign money transmitter, money services business, or payment services statutes or regulations could subject us to additional regulation and related expenses and require changes to our business.
- Adverse tax laws or regulations could be enacted or existing laws could be applied to us or our clients, which could increase the costs of our solution and applications and could adversely affect our business, operating results or financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt