Paycom Soft (PAYC)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 634,300 | 451,322 | 378,679 | 253,567 | 186,123 |
| Total assets | US$ in thousands | 5,859,900 | 4,197,540 | 3,902,510 | 3,215,140 | 2,607,910 |
| Operating ROA | 10.82% | 10.75% | 9.70% | 7.89% | 7.14% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $634,300K ÷ $5,859,900K
= 10.82%
The operating return on assets (ROA) of Paycom Soft has demonstrated a positive trend over the past five years. The percentage increased from 7.14% as of December 31, 2020, to 10.82% as of December 31, 2024. This indicates an improvement in the company's ability to generate operating income relative to its assets. The steady growth in operating ROA suggests effective management of assets to generate profits, potentially through efficient operations, cost control, or strategic investments. Investors and stakeholders may view this upward trend positively as it reflects the company's increasing profitability and operational efficiency over the years.
Peer comparison
Dec 31, 2024