Paylocity Holdng (PCTY)

Net profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands 227,127 206,766 140,822 90,777 70,819
Revenue US$ in thousands 1,595,220 1,402,520 1,174,600 852,651 635,627
Net profit margin 14.24% 14.74% 11.99% 10.65% 11.14%

June 30, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $227,127K ÷ $1,595,220K
= 14.24%

The net profit margin of Paylocity Holding has demonstrated a generally upward trend over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the company's net profit margin stood at 11.14%. This figure experienced a slight decline during the subsequent year, decreasing to 10.65% as of June 30, 2022. However, the margin improved substantially by June 30, 2023, reaching 11.99%. This upward movement was further accentuated by a significant increase to 14.74% by June 30, 2024, indicating a notable enhancement in profitability relative to revenue. Although there was a marginal decrease to 14.24% on June 30, 2025, the net profit margin remained well above the earlier years, reflecting sustained profitability improvements. Overall, these figures suggest that Paylocity Holding has been able to enhance its net profitability margins over this period, with the most substantial gains occurring between 2023 and 2024.