Paylocity Holdng (PCTY)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 68.50% | 68.86% | 68.95% | 69.01% | 68.75% | 68.25% | 67.28% | 66.64% | 66.34% | 66.04% | 65.75% | 65.79% | 65.50% | 65.58% | 66.31% | 66.91% | 67.58% | 68.02% | 67.65% | 67.49% |
| Operating profit margin | 18.54% | 18.21% | 17.07% | 15.27% | 13.20% | 11.37% | 9.14% | 8.81% | 9.92% | 9.46% | 9.11% | 9.51% | 9.13% | 9.23% | 10.93% | 11.15% | 11.79% | 12.53% | 11.09% | 11.84% |
| Pretax margin | 19.75% | 19.24% | 17.91% | 15.83% | 13.50% | 11.44% | 9.07% | 8.70% | 9.80% | 9.35% | 9.00% | 9.40% | 8.98% | 9.05% | 10.85% | 11.19% | 11.96% | 12.87% | 11.46% | 12.25% |
| Net profit margin | 14.74% | 14.42% | 12.96% | 11.70% | 11.99% | 10.84% | 9.58% | 9.76% | 10.65% | 11.06% | 12.24% | 13.10% | 11.14% | 10.67% | 11.50% | 11.05% | 11.48% | 12.66% | 11.11% | 11.72% |
Paylocity Holdng has shown consistent profitability over the analyzed periods based on its profitability ratios. The gross profit margin has been relatively stable, ranging from 65.75% to 69.01%. This indicates the company has been able to effectively manage its cost of goods sold.
In terms of operating profit margin, there has been a gradual improvement from 8.81% to 18.54% over the period. This suggests that the company has been successful in controlling its operating expenses and generating higher profits from its core business operations.
The pretax margin has also shown a positive trend, increasing from 8.70% to 19.75%. This indicates that Paylocity Holdng has been efficient in managing its taxes and other non-operating expenses.
Furthermore, the net profit margin has displayed a similar upward trajectory, rising from 9.58% to 14.74%. This implies that the company has been able to convert a higher percentage of its revenue into net income, reflecting strong financial performance and effective cost management.
Overall, the consistent improvement in profitability ratios showcases Paylocity Holdng's ability to efficiently generate profits and manage its operational and financial performance effectively.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.13% | 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% | 3.33% | 3.06% | 2.48% | 3.66% |
| Return on assets (ROA) | 4.87% | 3.94% | 3.73% | 3.98% | 3.81% | 2.83% | 2.44% | 2.91% | 1.89% | 1.72% | 3.46% | 2.34% | 2.93% | 2.40% | 2.36% | 3.14% | 3.25% | 3.09% | 2.48% | 3.62% |
| Return on total capital | 25.18% | 22.42% | 22.36% | 21.19% | 18.39% | 16.20% | 13.50% | 13.33% | 13.79% | 13.24% | 13.15% | 13.87% | 12.17% | 12.16% | 15.64% | 16.45% | 16.84% | 18.45% | 17.35% | 18.89% |
| Return on equity (ROE) | 20.01% | 17.76% | 16.97% | 16.24% | 16.71% | 15.44% | 14.16% | 14.77% | 14.80% | 15.48% | 17.66% | 19.10% | 14.85% | 14.05% | 16.46% | 16.29% | 16.40% | 18.63% | 17.38% | 18.70% |
Paylocity Holdng's profitability ratios have shown positive trends over the past few quarters.
1. Operating return on assets (Operating ROA) has been increasing steadily from 1.47% in March 2022 to 6.13% in June 2024, indicating that the company's operating income generated from its assets has been improving consistently.
2. Return on assets (ROA) has also shown an upward trend, rising from 1.72% in March 2022 to 4.87% in June 2024. This suggests that the overall profitability of the company in relation to its total assets has been on the rise.
3. Return on total capital has been fluctuating but generally increasing, reaching 25.18% in June 2024. This ratio reflects the company's ability to generate returns on both equity and debt capital employed in its operations.
4. Return on equity (ROE) has shown positive growth, indicating an improvement in the company's ability to generate profits from the shareholders' equity. The ratio has increased from 14.05% in March 2021 to 20.01% in June 2024.
Overall, the profitability ratios of Paylocity Holdng demonstrate a positive trend, showcasing the company's efficiency in generating profits from its assets, capital, and equity over the analyzed period.