← Paycom Software, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $43.5m |
$66.6m
+53.16%
|
$136.9m
+105.45%
|
$180.5m
+31.84%
|
$143.5m
-20.52%
|
$196.0m
+36.60%
|
$281.4m
+43.60%
|
$340.8m
+21.11%
|
$502.0m
+47.31%
|
$453.4m
-9.68%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $43.8m | $66.8m | $137.1m | $180.6m | $143.5m | $196.0m | $281.4m | $340.8m | $502.0m | $453.4m | — | |
| Depreciation, Depletion and Amortization | $13.6m | $19.4m | $29.7m | $42.2m | $53.4m | $67.2m | $92.7m | $113.9m | $145.9m | $176.3m | $195.6m | |
| Amortization of Debt Issuance Costs | $124k | $117k | $32k | $35k | $36k | $36k | $847k | $1.2m | $1.1m | $1.4m | — | |
| Amortization of Intangible Assets | $1.6m | $900k | $200k | $200k | $200k | $2.5m | $4.0m | $3.9m | $3.9m | $8.8m | — | |
| Capitalized Computer Software, Amortization | $3.6m | $7.0m | $12.5m | $19.0m | $27.1m | $36.5m | $47.3m | $61.9m | $83.1m | $109.0m | — | |
| Deferred Income Tax Expense (Benefit) | ($1.8m) | ($2.1m) | $21.1m | $21.0m | $21.4m | $32.9m | ($3.2m) | $5.6m | $5.8m | $154.1m | $154.6m | |
| Share-based Payment Arrangement, Noncash Expense | $22.5m | $38.5m | $36.6m | $47.3m | $90.1m | $97.5m | $94.9m | $129.8m | ($22.9m) | $118.7m | $89.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $14.4m | $32.9m | $20.2m | $42.5m | $62.8m | $65.6m | $5.2m | $13.9m | $21.7m | $44.5m | — | |
| Share-based Payment Arrangement, Expense | — | $38.5m | $36.4m | $47.3m | $90.1m | $97.5m | $94.9m | $129.8m | ($22.9m) | $118.7m | $89.7m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Other Nonoperating Income (Expense) | $308k | ($1.1m) | $1.8m | $803k | ($168k) | $2.4m | $13.4m | $23.0m | $18.1m | $55.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($1.0m) | $237k | $1.8m | $5.9m | ($168k) | $360k | $13.4m | ($6.4m) | $22.8m | $5.7m | ($11.7m) | |
| Increase (Decrease) in Inventories | ($418k) | ($462k) | $306k | $403k | $41k | ($481k) | $224k | ($224k) | $0 | $300k | ($100k) | |
| Increase (Decrease) in Accounts Payable | ($1.6m) | $79k | $1.1m | ($221k) | $1.5m | ($660k) | $11.7m | ($5.2m) | $9.1m | ($16.2m) | ($11.9m) | |
| Purchases of property and equipment, accrued but unpaid | $43.8m | $59.4m | $59.9m | $92.9m | $94.1m | $120.7m | $132.7m | $192.6m | $192.9m | $270.9m | ($230.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $99.0m |
$130.6m
+31.98%
|
$184.8m
+41.51%
|
$224.3m
+21.34%
|
$227.2m
+1.31%
|
$319.4m
+40.56%
|
$365.1m
+14.32%
|
$485.0m
+32.85%
|
$533.9m
+10.07%
|
$678.9m
+27.16%
|
$801.6m
+18.07%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $43.8m | $59.4m | $59.9m | $92.9m | $94.1m | $120.7m | $132.7m | $192.6m | $192.9m | $270.9m | ($230.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $64k | ($21k) | — | — | — | ($146k) | $150k | ($23k) | — | $100k | ($100k) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Payments to Acquire Investments | — | — | $145.0m | $195.8m | $332.8m | $398.8m | $268.7m | $25.0m | $24.9m | $835.9m | ($835.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($205.1m) | ($290.3m) | $62.6m | ($219.5m) | ($117.9m) | ($257.7m) | ($23.3m) | ($196.7m) | ($22.2m) | ($611.2m) | ($100.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($923k) | — | — | — | — | — | ($1.2m) | — | — | — | |
| Repayments of Long-term Debt | $964k | $35.3m | $888k | $1.8m | $1.8m | $1.8m | $29.3m | $29.0m | — | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $5.0m | $40.9m | — | — | — | — | — | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | $35.6m | $56.9m | $105.2m | — | $52.0m | — | $94.7m | $286.6m | $122.8m | $325.5m | — | |
| Dividends paid | — | — | — | — | — | — | — | $64.8m | $84.8m | $84.8m | ($77.4m) | |
| Net Cash Provided by (Used in) Financing Activities | $115.5m |
$145.7m
+26.07%
|
($247.8m)
-270.11%
|
$650.7m
+362.58%
|
($165.9m)
-125.50%
|
$165.7m
+199.89%
|
$254.6m
+53.62%
|
($274.7m)
-207.88%
|
$1.1b
+503.52%
|
$1.0b
-7.79%
|
$474.8m
-53.54%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $291.4m | ($112.4m) | $1.6b | $1.6b | $1.8b | $2.4b | $2.4b | $4.0b | $5.1b | $2.8b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $938k | $791k | $708k | $891k | — | $2k | $507k | $985k | $2.0m | $2.1m | — | |
| Income Taxes Paid, Net | $9.3m | $18.3m | $13.5m | $24.6m | $27.5m | $33.1m | $100.6m | $139.9m | $136.9m | $78.1m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $69.0m | $91.6m | $96.6m | $127.5m | $178.2m | $209.8m | $239.1m | $288.1m | — | — | — | |
| Goodwill | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | $51.9m | — | |
| Income Tax Expense (Benefit) | $13.4m | $9.8m | $37.6m | $45.5m | $42.5m | $60.0m | $108.2m | $131.6m | $147.0m | $166.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | $11.9m | $12.3m | $18.1m | $21.7m | $25.2m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.