Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. 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. It also provides benefits solutions comprising benefit enrollment and updates, and third-party administrative solutions; employee experiences consisting of community, video, employee voice, recognition and rewards, modern workforce index, data insights, and reporting; and Paylocity for finance solutions, such as headcount planning, expense management, accounts payable automation, corporate cards, and guided procurement. In addition, the company offers implementation and training, client services, and tax and regulatory services. It serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. The company also sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.
Cloud HCM Pionee | Paylocity leads in cloud-based payroll and HCM solutions, boasting impressive margins and consistent revenue growth in a competitive market |
Innovation Drives Growth | Explore Paylocity's strategic moves, including AI integration and the Airbase acquisition, expanding its offerings and market reach |
Financial Resilience | Delve into Paylocity's strong financial performance, outperforming expectations with non-GAAP EPS of $1.56 and revenue of $401 million in Q4 FY2025 |
Future Outlook | Analyst price targets range from $209 to $270, reflecting optimism despite projected growth deceleration to 8-9% for FY2026 |
Metrics to compare | PCTY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPCTYPeersSector | |
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P/E Ratio | 43.6x | 13.4x | 12.7x | |
PEG Ratio | 4.06 | 0.60 | 0.03 | |
Price/Book | 8.0x | 2.8x | 1.4x | |
Price / LTM Sales | 6.2x | 1.3x | 1.3x | |
Upside (Analyst Target) | 23.1% | 9.5% | 15.4% | |
Fair Value Upside | Unlock | 26.6% | 5.5% | Unlock |