Paylocity Holdng
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, and garnishments; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documen… Read more
Paylocity Holdng (PCTY) - Net Assets
Latest net assets as of December 2025: $1.10 Billion USD
Based on the latest financial reports, Paylocity Holdng (PCTY) has net assets worth $1.10 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.97 Billion) and total liabilities ($5.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.10 Billion |
| % of Total Assets | 15.75% |
| Annual Growth Rate | 44.56% |
| 5-Year Change | 158.69% |
| 10-Year Change | 931.8% |
| Growth Volatility | 202.98 |
Paylocity Holdng - Net Assets Trend (2011–2025)
This chart illustrates how Paylocity Holdng's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Paylocity Holdng (2011–2025)
The table below shows the annual net assets of Paylocity Holdng from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.23 Billion | +19.43% |
| 2024-06-30 | $1.03 Billion | +22.57% |
| 2023-06-30 | $842.86 Million | +37.39% |
| 2022-06-30 | $613.46 Million | +28.63% |
| 2021-06-30 | $476.93 Million | +21.38% |
| 2020-06-30 | $392.91 Million | +27.58% |
| 2019-06-30 | $307.96 Million | +44.70% |
| 2018-06-30 | $212.82 Million | +44.18% |
| 2017-06-30 | $147.61 Million | +23.45% |
| 2016-06-30 | $119.57 Million | +11.15% |
| 2015-06-30 | $107.58 Million | +18.05% |
| 2014-06-30 | $91.13 Million | +813.07% |
| 2013-06-30 | $9.98 Million | +11.81% |
| 2012-06-30 | $8.93 Million | +26.00% |
| 2011-06-30 | $7.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Paylocity Holdng's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 90717900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $900.58 Million | 73.00% |
| Common Stock | $55.00K | 0.00% |
| Other Comprehensive Income | $5.59 Million | 0.45% |
| Other Components | $327.52 Million | 26.55% |
| Total Equity | $1.23 Billion | 100.00% |
Paylocity Holdng Competitors by Market Cap
The table below lists competitors of Paylocity Holdng ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Chengdu Co Ltd
SHG:601838
|
$4.76 Billion |
|
Showa Denko K.K
PINK:SHWDF
|
$4.76 Billion |
|
One 97 Communications Limited
NSE:PAYTM
|
$4.76 Billion |
|
Hoa Phat Group JSC
VN:HPG
|
$4.76 Billion |
|
Tempus AI
F:F3M
|
$4.75 Billion |
|
Fortis Healthcare Limited
NSE:FORTIS
|
$4.75 Billion |
|
Boot Barn Holdings Inc
NYSE:BOOT
|
$4.75 Billion |
|
NewMarket Corporation
NYSE:NEU
|
$4.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paylocity Holdng's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,033,064,000 to 1,233,747,000, a change of 200,683,000 (19.4%).
- Net income of 227,127,000 contributed positively to equity growth.
- Share repurchases of 149,638,000 reduced equity.
- Other comprehensive income increased equity by 6,527,000.
- Other factors increased equity by 116,667,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $227.13 Million | +18.41% |
| Share Repurchases | $149.64 Million | -12.13% |
| Other Comprehensive Income | $6.53 Million | +0.53% |
| Other Changes | $116.67 Million | +9.46% |
| Total Change | $- | 19.43% |
Book Value vs Market Value Analysis
This analysis compares Paylocity Holdng's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 686.10x to 5.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | $0.16 | $110.00 | x |
| 2012-06-30 | $0.20 | $110.00 | x |
| 2013-06-30 | $0.23 | $110.00 | x |
| 2014-06-30 | $2.48 | $110.00 | x |
| 2015-06-30 | $2.15 | $110.00 | x |
| 2016-06-30 | $2.35 | $110.00 | x |
| 2017-06-30 | $2.73 | $110.00 | x |
| 2018-06-30 | $3.88 | $110.00 | x |
| 2019-06-30 | $5.56 | $110.00 | x |
| 2020-06-30 | $7.04 | $110.00 | x |
| 2021-06-30 | $8.47 | $110.00 | x |
| 2022-06-30 | $10.87 | $110.00 | x |
| 2023-06-30 | $14.89 | $110.00 | x |
| 2024-06-30 | $18.13 | $110.00 | x |
| 2025-06-30 | $21.82 | $110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paylocity Holdng utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.24%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.56x
- Recent ROE (18.41%) is above the historical average (9.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -1.83% | -0.33% | 0.12x | 44.67x | $-838.50K |
| 2012 | 18.91% | 3.06% | 0.19x | 31.92x | $795.30K |
| 2013 | 6.18% | 0.80% | 0.20x | 37.86x | $-381.10K |
| 2014 | -7.80% | -6.54% | 0.21x | 5.80x | $-16.22 Million |
| 2015 | -12.99% | -9.15% | 0.21x | 6.70x | $-24.73 Million |
| 2016 | -3.22% | -1.67% | 0.17x | 11.63x | $-15.81 Million |
| 2017 | 4.55% | 2.24% | 0.26x | 7.71x | $-8.04 Million |
| 2018 | 18.14% | 10.22% | 0.25x | 7.08x | $17.32 Million |
| 2019 | 17.48% | 11.51% | 0.26x | 5.86x | $23.03 Million |
| 2020 | 16.40% | 11.48% | 0.28x | 5.05x | $25.16 Million |
| 2021 | 14.85% | 11.14% | 0.26x | 5.06x | $23.13 Million |
| 2022 | 14.80% | 10.65% | 0.18x | 7.84x | $29.43 Million |
| 2023 | 16.71% | 11.99% | 0.32x | 4.38x | $56.54 Million |
| 2024 | 20.01% | 14.74% | 0.33x | 4.11x | $103.46 Million |
| 2025 | 18.41% | 14.24% | 0.36x | 3.56x | $103.75 Million |
Industry Comparison
This section compares Paylocity Holdng's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paylocity Holdng (PCTY) | $1.10 Billion | -1.83% | 5.35x | $4.76 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |