Paycom Software, Inc. (PAYC)

In the past six months, Paycom's stock price has experienced fluctuations. As of June 26, 2025, PAYC stock was down 13.70% over the past 30 days but up 59.90% over the past 12 months. On May 7, 2025, Paycom Software's stock climbed 9% following its Q1 2025 results. The company reported revenues of $530.5 million, a 6.1% year-over-year increase, surpassing Wall Street expectations. Adjusted EBITDA for Q1 2025 grew 10.3% year-over-year to $253.2 million, and adjusted EPS was $2.80, an 8.1% increase from the prior year, also exceeding analysts' estimates. The company has raised its full-year guidance, projecting adjusted EBITDA to be between $843 million and $858 million.

While overall demand seasonality is not explicitly detailed, Paycom's data indicates a seasonal impact on time-off management solutions, with a surge in requests during the summer and around Independence Day. The company's recurring revenue model suggests stable demand for its core subscription-based HCM platform. Macroeconomic factors like layoffs and hiring slowdowns can impact transaction volumes and overall demand for payroll services.

Paycom Software, Inc. is a leading provider of cloud-based human capital management (HCM) software solutions, delivered as Software-as-a-Service (SaaS). Founded in 1998, Paycom was one of the first companies to offer online payroll services. Paycom's platform covers 35 core HCM functions and 33 interconnected products, managing the complete employment lifecycle. Its major products and solutions include payroll processing, talent acquisition, talent management, HR management, and time and labor management. The company primarily targets small to mid-sized businesses with 50 to 10,000 employees.

Paycom Software, Inc. is headquartered in Oklahoma City, Oklahoma, and has offices throughout the United States. The company has expanded its global reach with Global HCM™, available in over 180 countries and 15 languages and dialects, including recent expansions into countries like Ireland.

Paycom has maintained a strong brand reputation, earning recognition as one of America's Most Trustworthy Companies by Newsweek for the fourth year. The company received awards such as being named one of the World's Best Companies by Time magazine and a USA Today Top Workplace USA winner. Its GONE® tool earned a top HR Product of the Year award from Human Resource Executive magazine. Comparably recognized Paycom for Best Career Growth and Best Leadership Teams for the third consecutive year. Paycom ranked in the top 10 for Best Company Culture, Best Compensation, and Best CEO by Comparably, based on employee feedback.

Paycom Software, Inc. is primarily owned by institutional shareholders (86.01%) and insiders (214.89%), with a smaller percentage held by retail investors (0.00%). Major institutional shareholders include Vanguard Group Inc. and BlackRock, Inc. Chad R. Richison, the founder and CEO of Paycom, is the largest individual shareholder, owning 16.60% of the company.