Paylocity Holding Corp
Paylocity Holding Corp (PCTY) is listed on NASDAQ and classified in Software - Application, part of the Technology sector. It is headquartered in Schaumburg, United States and has 6,900 employees. The company is worth $9.84B and trades at 34.4x its earnings of the last twelve months; the median for its sector is 28.0x. Revenue was $1.77B in fiscal 2026, up 11.0% from the year before. Net income was $269.74M. The share price is within 3% of its 52-week high. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $245.96M. In that quarter, 3 of them opened or added to the position and 3 reduced it. Over the last 30 days, company insiders sold $8.06M of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -34.1% over 5Y.
today you would have $545.06▼ -45.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 13 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $166.32 | $152.50 | $199.47 | $164.85 | $194.26 | $236.16 | $205.91 | $120.82 | $60.21 | $47.16 | $30.01 | $40.55 | $26.11 | |
| P/E | 86.0x | 33.8x | 37.9x | 55.0x | 66.2x | 120.7x | 187.4x | 179.1x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 28.0 among peers in the sector.
Median P/E of 86.0 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 14.3x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Technology, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| NVMINova Ltd | $310.13 | 38.8x | 6.7x | 0.00% | 21.11% | $9.86B |
| ONTOONTO Innovation Inc | $198.67 | 83.5x | 5.1x | 0.00% | 6.83% | $9.75B |
| AMKRAmkor Technology Inc | $39.05 | 19.6x | 2.1x | 0.85% | 12.51% | $9.7B |
| QNTQuantinuum Inc. | $35.90 |
| 124.6x |
| 86.0x |
| 393.0x |
| — |
| — |
| — |
| P/S | 8.4x | 5.0x | 5.3x | 7.9x | 7.8x | 12.6x | 20.3x | 19.7x | 13.7x | 8.4x | 8.1x | 6.7x | 13.5x | 11.9x |
| P/B | 14.9x | 7.2x | 6.8x | 10.7x | 10.9x | 17.5x | 27.0x | 28.2x | 20.8x | 14.9x | 16.5x | 12.8x | 19.1x | 14.2x |
| EPS | $4.92 | $4.02 | $3.63 | $2.49 | $1.61 | $1.26 | $1.15 | $0.97 | $0.70 | $0.12 | -$0.08 | -$0.28 | -$0.26 |
| Profit margin | 11.14% | 15.23% | 14.24% | 14.74% | 11.99% | 10.65% | 11.14% | 11.48% | 11.51% | 10.22% | 2.24% | -1.67% | -9.15% | -6.54% |
| ROE | 16.40% | 22.08% | 18.41% | 20.01% | 16.71% | 14.80% | 14.85% | 16.40% | 17.48% | 18.14% | 4.55% | -3.22% | -12.99% | -7.80% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+22.7% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 3.1x |
| 0.00% |
| — |
| $9.54B |
| PCORProcore Technologies Inc | $62.29 | — | 7.4x | 0.00% | -3.12% | $9.47B |
| ESTCElastic N.V. | $98.21 | 28.2x | 8.0x | 0.00% | 33.12% | $10.31B |