Paycom Software, Inc.PAYC

Market cap

$9.5B

P/E ratio

	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	25	51	60	46	46	134	152	278	401	294	402
Accounts receivable	3	2	1	2	3	9	9	9	23	16	39
Prepaid expenses	2	4	4	5	8	14	18	24	34	38	44
Inventory	0	1	1	1	1	1	1	1	2	1	1
Income tax receivable	-	7	1	7	4	4	10	16	6	18	12
Deferred contract costs	-	-	-	-	35	47	61	77	96	118	140
Current assets before funds held for clients	33	64	67	61	97	208	251	405	561	486	639
Funds held for clients	661	697	858	1,089	968	1,663	1,613	1,847	2,203	2,327	3,666
Total current assets	693	761	926	1,150	1,065	1,871	1,865	2,252	2,764	2,813	4,305
Property and equipment, net	-	-	-	-	-	-	-	-	-	-	561
Intangible assets, net	-	-	-	-	-	-	-	58	54	50	46
Goodwill	52	52	52	52	52	52	52	52	52	52	52
Long-term deferred contract costs	-	-	-	-	225	292	371	462	568	680	784
Operating lease right-of-use assets	-	-	-	-	-	-	-	-	-	-	81
Other assets	-	-	-	-	-	33	35	42	62	104	31
Total assets	799	877	1,079	1,355	1,522	2,487	2,608	3,215	3,903	4,198	5,860
Accounts payable	3	5	4	6	6	5	7	6	16	14	24
Accrued commissions and bonuses	-	-	-	-	-	12	14	22	28	30	33
Accrued payroll and vacation	-	-	-	-	-	15	25	34	45	56	59
Deferred revenue	3	4	5	7	9	11	14	16	20	23	30
Operating lease liabilities	-	-	-	-	-	-	-	-	-	-	20
Accrued Liabilities and Other Liabilities	5	10	18	20	22	46	44	63	60	83	75
Current liabilities before client funds obligation	18	31	41	51	61	91	105	144	169	207	241
Client funds obligation	-	-	-	-	-	-	1,613	1,847	2,208	2,328	3,666
Total current liabilities	679	728	899	1,140	1,029	1,754	1,718	1,990	2,377	2,535	3,907
Deferred income tax liabilities, net	-	-	-	-	-	-	113	146	141	144	150
Long-term deferred revenue	17	25	34	45	56	65	73	85	98	108	115
Long-term operating lease liabilities	-	-	-	-	-	-	-	-	-	-	63
Other long-term liabilities	-	-	-	-	-	20	19	73	75	108	50
Total long-term liabilities	46	51	63	80	158	207	234	331	343	360	377
Total liabilities	-	-	-	-	1,187	1,960	1,952	2,321	2,720	2,895	4,284
Common Stock, Value, Issued	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital	68	71	95	137	204	258	358	466	577	724	725
Retained earnings	6	27	70	137	396	576	720	916	1,197	1,470	1,888
Accumulated other comprehensive earnings (loss)	-	-	-	-	-	-	-	-	-4	-1	-1
Treasury stock, at cost (7.1 and 6.1 shares at December 31, 2024 and December 31, 2023, respectively)	-	-	50	140	265	308	423	488	588	891	1,036
Total stockholders’ equity	74	98	117	135	335	527	656	894	1,183	1,303	1,576
Total liabilities and stockholders’ equity	799	877	1,079	1,355	1,522	2,487	2,608	3,215	3,903	4,198	5,860