Paylocity Holding
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
36.5419.25
Price/Sales ratio
5.614.99
Earnings per Share (EPS)
$4.94$9.39

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
-128.03-571.13345.7779.9495.38121.20146.34105.7472.9935.88110.9795.38
Price/Sales ratio
11.719.537.748.1710.9713.9116.3011.258.755.2910.6313.91
Price/Book Value ratio
16.6218.3915.7314.4916.6619.8821.7315.6412.197.1815.7119.88
Price/Cash Flow ratio
161.0966.6637.4731.5344.6269.3483.0161.9136.3519.2851.4544.62
Price/Free Cash Flow ratio
-839.86258.1886.0350.9661.40111.02119.4093.6847.6324.2568.0561.40
Price/Earnings Growth ratio
-3.207.82-1.270.172.526.8617.563.921.360.784.302.52
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
53.57%57.48%58.67%60.48%67.10%67.57%65.49%66.34%68.75%68.50%67.28%67.10%
Operating Profit Margin
-9.11%-1.53%2.43%4.22%12.02%11.78%9.13%9.92%13.19%18.54%9.13%11.78%
Pretax Profit Margin
-9.08%-1.59%2.45%4.43%12.41%11.95%8.98%9.80%13.50%19.75%9.07%11.95%
Net Profit Margin
-9.15%-1.66%2.23%10.22%11.50%11.48%11.14%10.64%11.98%14.74%9.58%11.48%
Effective Tax Rate
-0.75%-4.81%8.83%-130.42%7.27%3.96%-24.01%-8.58%11.21%25.35%-5.63%3.96%
Return on Assets
-1.93%-0.27%0.59%2.56%2.98%3.24%2.93%1.88%3.81%4.87%2.43%3.24%
Return On Equity
-12.98%-3.22%4.55%18.13%17.47%16.40%14.84%14.79%16.70%20.01%15.55%16.40%
Return on Capital Employed
-12.53%-2.85%4.48%6.73%16.16%11.47%10.59%12.28%16.83%23.05%12.22%11.47%
Liquidity Ratios
Current Ratio
1.111.051.091.081.091.181.08N/AN/AN/A1.031.18
Quick Ratio
1.111.051.091.080.150.260.141.020.121.130.040.26
Cash ratio
0.130.060.100.100.090.170.100.030.100.120.030.17
Days of Sales Outstanding
2.662.652.483.333.403.203.596.747.798.588.943.40
Days of Inventory outstanding
N/AN/AN/AN/A3.23K2.59K2.92K5.662.68KN/AN/A2.59K
Operating Cycle
2.662.652.483.333.24K2.59K2.92K12.412.69K8.582.202.59K
Days of Payables Outstanding
6.836.036.027.319.383.517.0410.646.117.138.483.51
Cash Conversion Cycle
-4.16-3.37-3.54-3.973.23K2.59K2.91K1.762.68K1.440.462.59K
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/A0.05N/AN/AN/A-0.000.820.05
Debt Equity Ratio
N/AN/AN/AN/AN/A0.25N/AN/AN/A-0.024.800.25
Long-term Debt to Capitalization
N/AN/AN/AN/AN/A0.20N/AN/AN/AN/A0.080.20
Total Debt to Capitalization
N/AN/AN/AN/AN/A0.20N/AN/AN/A-0.020.090.20
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/A1.12N/AN/AN/A-14.822.801.12
Company Equity Multiplier
6.6911.637.707.085.855.055.067.834.384.105.805.05
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.140.200.250.240.200.190.180.240.270.200.20
Free Cash Flow / Operating Cash Flow Ratio
-0.190.250.430.610.720.620.690.660.760.790.750.72
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/A1.12N/AN/AN/A-14.822.801.12
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A-14.8224.32N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A