Paycom Software Inc
PAYC
ISIN null / Valor 23940068
Paycom Software Inc
UMushroom community rating:
About company
Paycom Software Inc. is a prominent provider of online payroll and human resource technology, distinguished by its use of a single-database software platform. This approach enables the company to offer a comprehensive suite of HR tools and services, including payroll processing, talent acquisition, HR management, time and labor management, and talent management. Paycom's commitment to data security and privacy is evidenced by its attainment of multiple ISO and SOC certifications, underscoring the rigor of its information security, privacy management, business continuity, and quality management systems. The company's security measures include two-step verification via text messaging and support for Single Sign-On (SSO) through SAML 2.0, enhancing the protection of customer data. As a leader in the field, Paycom's technology solutions are designed to streamline HR processes, improve compliance, and enhance the overall efficiency of businesses managing their workforce.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (12.11.2025):
In the fourth quarter of 2024 and for the full year 2024, Paycom Software Inc reported robust financial performance with strong revenue growth and significant improvements in profitability. The company achieved a 13.6% year-over-year increase in Q4 revenues, reaching approximately $494 million, while full year revenues grew by 11% to around $1.88 billion. Both GAAP and non-GAAP net income were notably up, supported by solid adjusted EBITDA margins, a strong cash and cash equivalents position, and strategic operational execution.
Revenue Growth
For the fourth quarter of 2024, Paycom Software Inc delivered total revenues of $493.8 million, a 13.6% increase compared to the same period last year. Full year 2024 revenues reached $1,883.2 million, marking an 11.2% rise year-over-year.
Profitability Improvement
GAAP net income for Q4 2024 was $113.6 million (or $2.02 per diluted share) compared to $81.8 million in the prior year period. The full-year GAAP net income climbed to $502 million, representing 27% of total revenues, up significantly from $340.8 million in the previous year.
Strong EBITDA Performance
Adjusted EBITDA for Q4 2024 reached $214.9 million, up from $176.6 million year-over-year. For the full year, adjusted EBITDA was $775.4 million, approximately 41% of total revenues, underscoring the effectiveness of Paycom Software Inc’s operational strategies.
Solid Cash Position & Debt-Free Status
As of December 31, 2024, Paycom Software Inc bolstered its financial stability with cash and cash equivalents of $402 million, up from $294 million at the end of 2023, while maintaining zero debt. Additionally, the company repurchased shares and paid dividends during the quarter.
Operational and Strategic Highlights
Throughout 2024, Paycom Software Inc continued to innovate and expand, with a record-setting sales performance, increased recurring revenue contributions, and recognition through industry awards, further strengthening its market leadership in cloud-based human capital management software.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
8902 M
Market cap (USD)
1,049,192
Daily traded volume (Shares)
205.52 / 201.68
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
Vladimir Jovicic
Igor Jovicic
Luba Schoenig
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