Paycom Software, Inc. (PAYC) - Net Assets
Based on the latest financial reports, Paycom Software, Inc. (PAYC) has net assets worth $1.73 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 ($7.60 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. Check Paycom Software, Inc. (PAYC) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.73 Billion |
| % of Total Assets | 22.79% |
| Annual Growth Rate | 30.45% |
| 5-Year Change | 93.74% |
| 10-Year Change | 1385.92% |
| Growth Volatility | 1095.2 |
Paycom Software, Inc. - Net Assets Trend (2012–2025)
This chart illustrates how Paycom Software, Inc.'s net assets have evolved over time, based on quarterly financial data. See PAYC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Paycom Software, Inc. (2012–2025)
The table below shows the annual net assets of Paycom Software, Inc. from 2012 to 2025. For live valuation and market cap data, see Paycom Software, Inc. (PAYC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.73 Billion | +9.87% |
| 2024-12-31 | $1.58 Billion | +20.94% |
| 2023-12-31 | $1.30 Billion | +10.18% |
| 2022-12-31 | $1.18 Billion | +32.32% |
| 2021-12-31 | $893.71 Million | +36.31% |
| 2020-12-31 | $655.64 Million | +24.50% |
| 2019-12-31 | $526.63 Million | +57.32% |
| 2018-12-31 | $334.75 Million | +147.23% |
| 2017-12-31 | $135.40 Million | +16.20% |
| 2016-12-31 | $116.53 Million | +18.53% |
| 2015-12-31 | $98.31 Million | +32.61% |
| 2014-12-31 | $74.14 Million | +4131.62% |
| 2013-12-31 | $1.75 Million | -96.80% |
| 2012-12-31 | $54.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Paycom Software, Inc.'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 226447100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.26 Billion | 130.27% |
| Common Stock | $600.00K | 0.03% |
| Other Comprehensive Income | $300.00K | 0.02% |
| Total Equity | $1.73 Billion | 100.00% |
Paycom Software, Inc. Competitors by Market Cap
The table below lists competitors of Paycom Software, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
$6.30 Billion |
|
SIAM CEMENT UNSP.ADS/1
F:TCM
|
$6.30 Billion |
|
Orica Limited
F:ICA
|
$6.30 Billion |
|
Southwest Gas Holdings Inc
NYSE:SWX
|
$6.30 Billion |
|
Enel Chile S.A
SN:ENELCHILE
|
$6.30 Billion |
|
ConAgra Foods Inc
NYSE:CAG
|
$6.30 Billion |
|
Anji Microelectronics Tech Co Ltd
SHG:688019
|
$6.29 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
$6.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paycom Software, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,575,900,000 to 1,731,500,000, a change of 155,600,000 (9.9%).
- Net income of 453,400,000 contributed positively to equity growth.
- Dividend payments of 84,800,000 reduced retained earnings.
- Share repurchases of 325,500,000 reduced equity.
- Other comprehensive income increased equity by 900,000.
- Other factors increased equity by 111,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $453.40 Million | +26.19% |
| Dividends Paid | $84.80 Million | -4.9% |
| Share Repurchases | $325.50 Million | -18.8% |
| Other Comprehensive Income | $900.00K | +0.05% |
| Other Changes | $111.60 Million | +6.45% |
| Total Change | $- | 9.87% |
Book Value vs Market Value Analysis
This analysis compares Paycom Software, Inc.'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: 4.01x
- 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 109.46x to 4.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $1.13 | $123.72 | x |
| 2013-12-31 | $0.11 | $123.72 | x |
| 2014-12-31 | $1.43 | $123.72 | x |
| 2015-12-31 | $1.70 | $123.72 | x |
| 2016-12-31 | $1.98 | $123.72 | x |
| 2017-12-31 | $4.78 | $123.72 | x |
| 2018-12-31 | $5.71 | $123.72 | x |
| 2019-12-31 | $9.02 | $123.72 | x |
| 2020-12-31 | $11.25 | $123.72 | x |
| 2021-12-31 | $15.36 | $123.72 | x |
| 2022-12-31 | $20.33 | $123.72 | x |
| 2023-12-31 | $22.48 | $123.72 | x |
| 2024-12-31 | $27.99 | $123.72 | x |
| 2025-12-31 | $30.86 | $123.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paycom Software, Inc. 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): 26.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.10%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 4.39x
- Recent ROE (26.19%) is below the historical average (33.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -0.74% | -0.53% | 0.18x | 7.79x | $-5.87 Million |
| 2013 | 151.61% | 7.17% | 0.19x | 112.46x | $7.20 Million |
| 2014 | 7.64% | 3.75% | 0.19x | 10.78x | $-1.75 Million |
| 2015 | 21.30% | 9.32% | 0.26x | 8.92x | $11.11 Million |
| 2016 | 37.62% | 13.32% | 0.31x | 9.26x | $32.19 Million |
| 2017 | 23.75% | 15.43% | 0.32x | 4.82x | $38.68 Million |
| 2018 | 40.95% | 24.20% | 0.37x | 4.55x | $103.59 Million |
| 2019 | 34.29% | 24.48% | 0.30x | 4.72x | $127.91 Million |
| 2020 | 21.88% | 17.05% | 0.32x | 3.98x | $77.89 Million |
| 2021 | 21.93% | 18.57% | 0.33x | 3.60x | $106.59 Million |
| 2022 | 23.79% | 20.46% | 0.35x | 3.30x | $163.13 Million |
| 2023 | 26.15% | 20.12% | 0.40x | 3.22x | $210.49 Million |
| 2024 | 31.85% | 26.66% | 0.32x | 3.72x | $344.41 Million |
| 2025 | 26.19% | 22.10% | 0.27x | 4.39x | $280.25 Million |
Industry Comparison
This section compares Paycom Software, Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $1.73 Billion | -0.74% | 3.39x | $6.30 Billion |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Paycom Software, Inc.
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers payroll applications comprising better employee tra… Read more