Paylocity Holdng (PCTY)

Debt-to-equity ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,233,750 1,033,060 842,863 613,463 476,930
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,233,750K
= 0.00

The debt-to-equity ratio for Paylocity Holding from June 30, 2021, through June 30, 2025, consistently records at 0.00. This indicates that during this period, the company has maintained a debt-free capital structure, with no reported interest-bearing liabilities relative to shareholders’ equity. The persistent absence of debt suggests that Paylocity Holding has financed its operations entirely through equity or other non-debt sources, thereby showcasing a conservative approach toward leveraging. Such a debt profile minimizes financial risk and interest obligations but may also impact the company's leverage capacity for strategic growth initiatives. Overall, the data reflects an unwavering pattern of zero debt relative to equity throughout the observed period.