Stock Analysis on Net
Stock Analysis on Net

Paycom Software Inc. (NYSE:PAYC)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Common-Size Income Statement
Quarterly Data

Paycom Software Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Recurring 98.14 98.35 98.40 98.22 98.20 98.30 98.49 98.26 98.09 98.12 98.37 98.10 98.03 98.00 98.40 98.32 97.94 98.04 98.46 98.40 98.16 98.30 98.68
Implementation and other 1.86 1.65 1.60 1.78 1.80 1.70 1.51 1.74 1.91 1.88 1.63 1.90 1.97 2.00 1.60 1.68 2.06 1.96 1.54 1.60 1.84 1.70 1.32
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Operating expenses -13.68 -13.62 -11.75 -12.83 -13.22 -12.50 -10.89 -13.29 -13.57 -11.88 -10.68 -11.83 -12.35 -12.81 -9.95 -11.99 -12.05 -11.98 -12.39 -13.19 -13.62 -13.72 -13.36
Depreciation and amortization -3.28 -3.19 -2.69 -3.11 -3.27 -3.31 -2.83 -3.04 -3.09 -3.15 -2.65 -3.12 -3.38 -3.47 -2.45 -2.90 -3.03 -2.92 -2.27 -2.84 -2.98 -2.53 -1.97
Cost of revenues -16.97% -16.81% -14.44% -15.94% -16.49% -15.80% -13.71% -16.32% -16.66% -15.04% -13.33% -14.95% -15.73% -16.28% -12.40% -14.89% -15.08% -14.91% -14.66% -16.03% -16.60% -16.25% -15.34%
Gross profit 83.03% 83.19% 85.56% 84.06% 83.51% 84.20% 86.29% 83.68% 83.34% 84.96% 86.67% 85.05% 84.27% 83.72% 87.60% 85.11% 84.92% 85.09% 85.34% 83.97% 83.40% 83.75% 84.66%
Sales and marketing -24.90 -26.53 -22.93 -25.02 -27.27 -27.68 -21.21 -26.50 -27.22 -28.07 -23.06 -28.28 -31.62 -30.87 -22.70 -26.37 -26.89 -24.56 -19.83 -28.40 -27.90 -24.57 -21.02
Research and development -12.76 -12.24 -9.45 -10.68 -12.08 -11.61 -8.94 -12.08 -12.13 -11.66 -9.08 -11.35 -11.08 -11.99 -8.92 -9.42 -11.20 -9.91 -9.25 -8.47 -8.65 -8.33 -7.31
General and administrative -17.68 -18.94 -14.53 -16.20 -18.16 -18.27 -17.11 -17.41 -23.41 -22.33 -16.97 -25.67 -20.62 -22.49 -16.56 -15.07 -14.70 -16.22 -22.61 -15.24 -16.54 -14.75 -21.22
Depreciation and amortization -3.84 -3.72 -3.13 -3.61 -3.78 -3.81 -3.30 -3.62 -3.67 -3.46 -2.83 -3.35 -3.64 -3.73 -2.59 -3.08 -3.24 -3.18 -2.40 -2.98 -3.12 -2.69 -1.97
Administrative expenses -59.18% -61.44% -50.03% -55.50% -61.29% -61.38% -50.57% -59.59% -66.44% -65.52% -51.94% -68.65% -66.95% -69.09% -50.77% -53.94% -56.03% -53.86% -54.08% -55.09% -56.21% -50.34% -51.52%
Operating income 23.85% 21.75% 35.52% 28.56% 22.22% 22.82% 35.72% 24.08% 16.90% 19.45% 34.73% 16.41% 17.32% 14.64% 36.83% 31.17% 28.89% 31.24% 31.25% 28.88% 27.19% 33.41% 33.15%
Interest expense -0.05 -0.15 -0.19 -0.26 -0.30 -0.11 -0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 -0.08 -0.15 -0.15 -0.14 -0.23 -0.29 -0.03 0.00
Other income (expense), net 1.32 1.54 1.33 2.46 0.61 0.28 0.40 0.48 0.10 0.06 0.23 0.16 0.13 0.09 -0.38 0.50 0.11 -0.16 -0.05 -0.24 0.44 0.40 0.67
Income before income taxes 25.11% 23.15% 36.67% 30.76% 22.53% 22.98% 36.06% 24.56% 17.00% 19.51% 34.97% 16.57% 17.44% 14.72% 36.44% 31.60% 28.85% 30.93% 31.06% 28.40% 27.34% 33.79% 33.82%
Provision for income taxes -6.60 -7.06 -10.25 -9.18 -6.92 -4.89 -10.05 -7.48 -5.14 2.08 -11.23 -5.54 -3.46 1.02 -10.44 -8.14 -6.48 -2.13 -7.42 -7.51 -5.76 -6.05 -7.08
Net income 18.51% 16.08% 26.41% 21.57% 15.61% 18.10% 26.00% 17.08% 11.86% 21.59% 23.74% 11.03% 13.98% 15.74% 26.00% 23.46% 22.37% 28.80% 23.65% 20.90% 21.58% 27.73% 26.74%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Paycom Software Inc. operating income as a percentage of revenues decreased from Q1 2023 to Q2 2023 but then slightly increased from Q2 2023 to Q3 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Paycom Software Inc. income before income taxes as a percentage of revenues decreased from Q1 2023 to Q2 2023 but then slightly increased from Q2 2023 to Q3 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Paycom Software Inc. net income as a percentage of revenues decreased from Q1 2023 to Q2 2023 but then slightly increased from Q2 2023 to Q3 2023.