Paylocity Holdng (PCTY)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 304,024 | 260,093 | 155,026 | 84,594 | 58,043 |
| Total assets | US$ in thousands | 4,389,430 | 4,245,460 | 3,695,680 | 4,809,010 | 2,414,880 |
| Operating ROA | 6.93% | 6.13% | 4.19% | 1.76% | 2.40% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $304,024K ÷ $4,389,430K
= 6.93%
The operating return on assets (ROA) for Paylocity Holding has exhibited a notable trend over the fiscal years from June 30, 2021, through June 30, 2025. Starting at 2.40% in 2021, the metric experienced a decline to 1.76% in 2022, indicating a reduction in the efficiency of generating operating income from the company's assets during that period. However, this downward movement was followed by a marked improvement in subsequent years. By June 30, 2023, the operating ROA increased significantly to 4.19%. This upward trajectory continued, reaching 6.13% by June 30, 2024, and further expanding to 6.93% as of June 30, 2025.
The initial decline from 2021 to 2022 may suggest temporary challenges or operational pressures impacting asset utilization or operating profitability. Conversely, the subsequent sustained upward trend from 2022 onwards indicates a recovery and strengthening in the company's operational efficiency, likely attributable to improved revenue performance, better asset management, or a combination of these factors. Overall, the data demonstrates that Paylocity Holding has enhanced its capacity to generate operating income relative to its asset base over the evaluated period, showcasing a positive trend in operational efficiency and asset utilization.
Peer comparison
Jun 30, 2025