Paycom Software, Inc.
Financial Performance
Paycom Revenue & Financials
Revenue
$1.9B (FY2024)
Net Income
$460M
Employees
7,300
What is Paycom's revenue?
Paycom had $1.9B in revenue for fiscal year 2024, up 13.9% from 2023. Net income was $460M.
- Latest revenue
- $1.9B (FY2024)
- Year-over-year
- +13.9%
- Growth rate (CAGR)
- 27.6% over 9 years
- Peak revenue
- $1.9B (FY2024)
- Years of data
- 10
- Employees
- 7,300
- How much profit does Paycom make?
- Paycom reported net income of $460M for fiscal year 2024.
- How many employees does Paycom have?
- Paycom has about 7,300 employees.
Financial Analysis
Demonstrates pristine financial performance with $1.88B in annual revenue, $460M in net income, and robust operating cash flows. Paycom financial profile is characterized by strong revenue compounding, pristine balance sheet health with zero long-term funded debt, and adjusted EBITDA margins consistently exceeding 40%. The company generates over million in annual operating cash flow, maintaining substantial liquidity cushions while returning capital to shareholders through quarterly cash dividends and share buybacks.
Revenue Trend Analysis
YoY Change
+13.9%
9-Year CAGR
+27.6%
Peak Year
2024
Trend
Consistent Growth
Paycom Software, Inc. has 10 full fiscal year figures on this page, compounding at +27.6% annually over 9 years. The most recent year saw a 13.9% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $1.9B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $1.9B | $460M | +13.9% |
| FY2023 | $1.6B | $390M | +21.3% |
| FY2022 | $1.4B | $261M | +29.5% |
| FY2021 | $1.1B | $188M | +24.9% |
| FY2020 | $841M | $135M | +14.1% |
| FY2019 | $737M | $124M | +29.8% |
| FY2018 | $568M | $86M | +32.1% |
| FY2017 | $430M | $54M | +34.4% |
| FY2016 | $320M | $32M | +52.4% |
| FY2015 | $210M | $18M | — |
Click any row to see year details.
Keep researching Paycom
Paycom Revenue and Financial FAQ
What was Paycom's latest reported annual revenue?
In its latest audited financial reporting period, Paycom recorded consolidated net revenue of $1.88B, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Paycom?
Paycom generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Paycom's capital and liquidity position?
Paycom maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Paycom distribute capital to shareholders?
Paycom executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Paycom Revenue & Financials." CorpDigest, https://corpdigest.com/company/paycom/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Paycom reported $1.9B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/paycom/financials" target="_blank" rel="noopener">CorpDigest — Paycom financials</a></div>Related Financial Audits
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