Paylocity Holding Corp PCTY
Computer Software: Prepackaged Software · IPO 2014 · data as of November 13, 2026
Paylocity Holding Corp (PCTY) is a technology company listed in the US with a market value of about $9.3B. In the twelve months to September 30, 2026 it had revenue of $1.8B and net income of $279M, a net margin of 15.4%.
Its overall Stock Analiz score is 3.6 out of 5 (good). The strongest part is future growth (5/5); the weakest is value (2/5).
Key numbers: a P/E of 34.6, a price to free cash flow of 18.9, 5-year revenue growth of 23% a year, a 5-year average ROIC of 16%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 21% below the current price.
Score: 3.6 / 5
Checks passed
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Liabilities below 60% of assets
- Pays a dividend
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.6B | $1.4B | $1.2B | $853M | $636M | $561M | $468M | $378M | $300M |
| Net income | $279M | $270M | $227M | $207M | $141M | $91M | $71M | $64M | $54M | $39M | $7M |
| Free cash flow | $491M | $497M | $405M | $367M | $261M | $137M | $115M | $96M | $104M | $76M | $41M |
| EPS (diluted) | $5.15 | $4.92 | $4.02 | $3.63 | $2.49 | $1.61 | $1.26 | $1.15 | $0.97 | $0.70 | $0.12 |
| Net margin | 15.4% | 15.2% | 14.2% | 14.7% | 12.0% | 10.7% | 11.1% | 11.5% | 11.5% | 10.2% | 2.2% |
| ROIC | — | 19.9% | 15.4% | 17.8% | 15.1% | 9.7% | 8.3% | 11.1% | 16.9% | 5.8% | 4.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 20 analysts is $196.25, 10% above the current price; targets range from $128.00 to $250.00; the consensus rating is “Strong buy”; expected EPS is $9.28 for the fiscal year ending June 30, 2027.
Frequently asked questions
What is Paylocity Holding’s P/E ratio?
About 34.6, based on the last twelve months of diluted earnings per share (forward P/E about 17.5).
Is Paylocity Holding stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 21% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Paylocity Holding pay a dividend?
Not currently.
Is Paylocity Holding a good stock to buy?
We do not give buy or sell advice. Paylocity Holding scores 3.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.