Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

Paycom Software, Inc.
Next earnings Aug 4, 2026 (after close) · consensus $2.43 EPS, $523M rev
Last earnings -4.0% on 2026-05-06
High-margin HCM SaaS at a SaaS-cheap 15.5x: 83% gross margin, 26% ROE, strong cash flow and buybacks despite a one-year profit dip.
Sources: SEC EDGAR (CIK 0001590955, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:56:26 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
The fundamentals carry the rating, but the price is rich (~43% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Paycom is a high-quality, founder-led payroll and human-capital-management SaaS business with exceptional unit economics — an 83.2% gross margin, 27.6% operating margin, 22.1% net margin and a 26.2% return on equity. Revenue grew 8.9% to $2.05B in FY2025, continuing a strong multi-year compounding record (from $1.06B in FY2021). The standout feature is the valuation: at 15.5x EPS of $8.08 and 3.3x sales, Paycom trades far below typical SaaS multiples for a business of this profitability.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.06B | $1.38B | $1.69B | $1.88B | $2.05B |
| Gross profit | — | $1.16B | $1.42B | $1.55B | $1.71B |
| Operating income | $254M | $379M | $451M | $634M | $567M |
| Net income | $196M | $281M | $341M | $502M | $453M |
| Diluted EPS | $3.37 | $4.84 | $5.88 | $8.92 | $8.08 |
| Net margin | 18.6% | 20.5% | 20.1% | 26.7% | 22.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1482 tracked peers · median
1 buy · 1 sell · 1 member · last 180d
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 1 sale
| 2026-06-15 | Richison Chad R. CEO and Chairman | Gift | 12.5K | |
| 2026-06-15 | Richison Chad R. CEO and Chairman | Gift | 12.5K | |
| 2026-05-18 | Peck Randall Chief Operating Officer | Sell | 2.50K @ $140.50 | $351K |
| 2026-05-10 | Hadlock Terrell Shane President/Chief Client Officer | Tax | 2.73K @ $138.44 | $378K |
| 2026-05-10 | Peck Randall Chief Operating Officer | Tax | 336.00 @ $138.44 | $46.5K |
| 2026-05-04 | BINZ JOSEPH LEO Director | Award | 1.89K | |
| 2026-05-04 | DUQUES HENRY C Director | Award | 1.89K | |
| 2026-05-04 | WATTS J C JR Director | Award | 1.89K | |
| 2026-05-04 | TURNEY SHAREN J Director | Award | 1.89K |