Paylocity reported fiscal first-quarter revenue of $452 million, up 11% year over year, alongside adjusted EBITDA excluding interest income of 31%, up 30 basis points. Management expects second quarter revenue of $455 million and adjusted EBITDA margin excluding interest income of about 29%.
Paylocity’s new finance and IT solution suites would enable the firm to expand into customer back-office software stacks and can become meaningful growth drivers.
Given its exposure to cyclical small and midsize businesses, Paylocity faces downside risk from declines in labor force participation rates and new business formations.
Metric | PCTY | PAYC | ADP |
|---|---|---|---|
Price/Earnings (Normalized) | 21.35 | 22.91 | 26.36 |
Price/Book Value | 8.09 | 14.81 | 23.47 |
Price/Sales | 5.30 | 5.31 | 5.44 |
Price/Cash Flow | 15.96 | 13.98 | 18.15 |
Metric | PCTY | PAYC | ADP |
|---|---|---|---|
Quick Ratio | 0.08 | 0.06 | 0.13 |
Current Ratio | 1.04 | 1.06 | 1.03 |
Interest Coverage | — | 27.64 | 12.60 |
Metric | PCTY | PAYC | ADP |
|---|---|---|---|
Return on Assets (Normalized) | 7.31% | 10.22% | 6.96% |
Return on Equity (Normalized) | 33.14% | 51.65% | 75.98% |
Return on Invested Capital (Normalized) | 29.44% | 35.68% | 39.44% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| SAP SE ADR SAP | LOCK|#Fkv$S | LOCK|q@ | $272B | |||
| Shopify Inc Registered Shs -A- Subord Vtg SHOP | LOCK|s#bW^x | LOCK|VmJwc | $196B | |||
| Salesforce Inc CRM | LOCK|whq^Ft% | LOCK|J&Rm | $177B | |||
| Uber Technologies Inc UBER | LOCK|PzYkDt | LOCK|%yW!& | $145B | |||
| Automatic Data Processing Inc ADP | LOCK|@c%<F%B | LOCK|jh<@p | $119B | |||
| ServiceNow Inc NOW | LOCK|m?w<R!@X | LOCK|^MC!h | $107B | |||
| Snowflake Inc Ordinary Shares SNOW | LOCK|@NQ@P#! | LOCK|hX | $103B | |||
| Adobe Inc ADBE | LOCK|Z>$r?$^% | LOCK|KBF&l | $92B | |||
| Cadence Design Systems Inc CDNS | LOCK|??R^&JR | LOCK|!r | $92B | |||
| Intuit Inc INTU | LOCK|^JJvzy | LOCK|nl#& | $90B |
United States