Paylocity Holdng (PCTY)

Debt-to-equity ratio

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,233,750 1,208,740 1,172,140 1,105,910 1,033,060 1,099,410 986,773 892,639 842,863 768,746 677,767 610,846 613,463 565,419 506,693 467,573 476,930 454,609 408,218 386,820
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 Holdings remains consistently at zero across all reported periods from September 30, 2020, through June 30, 2025. This indicates that the company has not utilized debt financing during this timeframe and has financed its operations entirely through shareholders’ equity. Such a ratio signifies an absence of leverage, suggesting a conservative capital structure with no reliance on debt to fund operations or growth. The persistent zero value throughout the reporting periods implies stable financial positioning without the increased risk typically associated with higher leverage levels.