Paylocity Holdng (PCTY)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 304,024 | 302,115 | 281,486 | 284,569 | 261,614 | 246,648 | 220,624 | 189,126 | 155,026 | 124,500 | 91,501 | 81,431 | 84,594 | 74,868 | 66,633 | 64,846 | 58,043 | 55,259 | 63,857 | 63,620 |
| Total assets | US$ in thousands | 4,389,430 | 5,167,970 | 5,293,770 | 4,024,780 | 4,245,460 | 4,953,040 | 4,492,720 | 3,646,780 | 3,695,680 | 4,193,520 | 3,937,770 | 3,095,110 | 4,809,010 | 5,079,240 | 2,588,590 | 3,811,540 | 2,414,880 | 2,663,550 | 2,850,960 | 2,004,850 |
| Operating ROA | 6.93% | 5.85% | 5.32% | 7.07% | 6.16% | 4.98% | 4.91% | 5.19% | 4.19% | 2.97% | 2.32% | 2.63% | 1.76% | 1.47% | 2.57% | 1.70% | 2.40% | 2.07% | 2.24% | 3.17% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $304,024K ÷ $4,389,430K
= 6.93%
The operating return on assets (Operating ROA) for Paylocity Holding has exhibited notable fluctuations over the analyzed period. Starting at 3.17% as of September 30, 2020, the metric demonstrated a general declining trend through the subsequent quarters, reaching a low of approximately 1.47% by March 31, 2022. This decline may indicate periods of increased operating expenses relative to asset base or reduced operating efficiency during that interval.
From March 31, 2022, onward, a gradual improvement in Operating ROA is observable, with figures rising steadily, culminating at 7.07% as of September 30, 2024. This upward trend suggests an enhancement in operational efficiency, a better utilization of assets, or improved profitability margins. Notably, there are periods of acceleration, such as between June 30, 2023, and September 30, 2024, where the Operating ROA increased from 4.19% to 7.07%. Conversely, fluctuations are present, with a slight decline to 5.32% at December 31, 2024, before further rising to 6.93% by June 30, 2025.
Overall, the data indicates a period of recovery and growth in operational efficiency post-2022, with the latest reported figure (June 30, 2025) reflecting a more robust utilization of assets to generate operating income relative to earlier periods. The trend suggests a positive outlook for operational performance, contingent on continued efficiency gains and stable operational conditions.
Peer comparison
Jun 30, 2025