Financial Snapshot

Revenue
$678.8M
TTM
Gross Margin
65.87%
TTM
Net Earnings
-$45.63M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
115.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.300B
Q3 2024
Cash
Q3 2024
P/E
-73.98
Nov 29, 2024 EST
Free Cash Flow
$58.23M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $654.9M $552.7M $429.4M $352.8M $327.9M $291.5M
YoY Change 18.5% 28.72% 21.72% 7.58% 12.49%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $654.9M $552.7M $429.4M $352.8M $327.9M $291.5M
Cost Of Revenue $223.2M $187.1M $168.2M $154.5M $139.7M $109.5M
Gross Profit $431.7M $365.6M $261.2M $198.3M $188.2M $182.0M
Gross Profit Margin 65.92% 66.14% 60.83% 56.21% 57.4% 62.44%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $425.7M $415.9M $357.7M $251.6M $237.1M $188.8M
YoY Change 2.36% 16.29% 42.16% 6.13% 25.57%
% of Gross Profit 98.62% 113.79% 136.94% 126.89% 125.95% 103.74%
Research & Development $61.42M $54.26M $43.14M $36.02M $45.87M $40.70M
YoY Change 13.19% 25.78% 19.77% -21.47% 12.69%
% of Gross Profit 14.23% 14.84% 16.52% 18.17% 24.37% 22.36%
Depreciation & Amortization $5.888M $131.1M $6.457M $6.947M $5.462M $90.74M
YoY Change -95.51% 1931.08% -7.05% 27.19% -93.98%
% of Gross Profit 1.36% 35.88% 2.47% 3.5% 2.9% 49.86%
Operating Expenses $487.2M $470.2M $400.8M $287.6M $282.9M $229.5M
YoY Change 3.61% 17.31% 39.36% 1.66% 23.28%
Operating Profit -$55.45M -$104.7M -$139.6M -$89.33M -$94.71M -$47.50M
YoY Change -47.02% -25.04% 56.29% -5.68% 99.39%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense -$4.682M -$4.638M $541.0K $2.541M $1.780M -$2.200M
YoY Change 0.95% -957.3% -78.71% 42.75% -180.91%
% of Operating Profit
Other Income/Expense, Net $418.0K $4.630M $1.570M -$1.420M $9.004M $600.0K
YoY Change -90.97% 194.9% -210.56% -115.77% 1400.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income -$59.72M -$104.7M -$138.6M -$93.29M -$87.49M -$106.8M
YoY Change -42.95% -24.48% 48.55% 6.64% -18.09%
Income Tax -$773.0K -$11.45M -$30.57M -$20.81M -$20.18M -$19.00M
% Of Pretax Income
Net Earnings -$58.94M -$93.22M -$119.6M -$96.92M -$90.19M -$103.4M
YoY Change -36.77% -22.09% 23.44% 7.46% -12.77%
Net Earnings / Revenue -9.0% -16.87% -27.86% -27.47% -27.51% -35.47%
Basic Earnings Per Share -$0.33 -$0.53 -$0.69 -$0.66 -$0.59
Diluted Earnings Per Share -$0.33 -$0.53 -$0.69 -$0.66 -$0.59 -$1.034B

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $118.0M $95.23M $133.0M $2.634M $800.0K $10.00M
YoY Change 23.86% -28.42% 4950.91% 229.25% -92.0%
Cash & Equivalents $118.0M $95.23M $133.0M $2.634M $800.0K $10.00M
Short-Term Investments
Other Short-Term Assets $1.196B $1.117B $1.765B $702.9M $648.9M $698.2M
YoY Change 7.08% -36.73% 151.09% 8.32% -7.06%
Inventory
Prepaid Expenses
Receivables $48.16M $30.82M $21.51M $16.47M $10.00M $8.000M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.362B $1.243B $1.920B $722.0M $659.7M $716.1M
YoY Change 9.59% -35.26% 165.85% 9.45% -7.88%
Property, Plant & Equipment $49.64M $51.41M $31.68M $41.08M $44.00M $38.70M
YoY Change -3.44% 62.3% -22.89% -6.64% 13.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $192.4M $164.9M $126.9M $110.4M $84.60M $60.90M
YoY Change 16.68% 29.95% 14.92% 30.51% 38.92%
Total Long-Term Assets $1.248B $1.298B $1.212B $1.289B $1.348B $1.424B
YoY Change -3.92% 7.16% -5.98% -4.39% -5.32%
Total Assets $2.609B $2.541B $3.131B $2.011B $2.008B $2.140B
YoY Change
Accounts Payable $27.31M $28.35M $13.95M $11.98M $12.00M $12.40M
YoY Change -3.67% 103.3% 16.42% -0.18% -3.23%
Accrued Expenses $70.26M $67.98M $58.22M $48.09M $26.50M $32.00M
YoY Change 3.36% 16.77% 21.06% 81.46% -17.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $5.000M $0.00
YoY Change -100.0%
Long-Term Debt Due $1.113M $298.0K $283.0K $0.00 $800.0K $600.0K
YoY Change 273.49% 5.3% -100.0% 33.33%
Total Short-Term Liabilities $1.224B $1.163B $1.803B $742.0M $679.6M $727.2M
YoY Change 5.19% -35.49% 143.03% 9.18% -6.55%
Long-Term Debt $1.825M $331.0K $629.0K $49.10M $18.60M $21.00M
YoY Change 451.36% -47.38% -98.72% 163.98% -11.43%
Other Long-Term Liabilities $80.97M $86.11M $10.83M $16.68M $18.20M $9.100M
YoY Change -5.97% 695.16% -35.08% -8.35% 100.0%
Total Long-Term Liabilities $82.79M $86.11M $11.46M $65.78M $36.80M $30.10M
YoY Change -3.85% 651.51% -82.58% 78.75% 22.26%
Total Liabilities $1.322B $1.267B $1.847B $1.132B $1.055B $1.101B
YoY Change 4.34% -31.36% 63.08% 7.38% -4.26%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 177.7M shares 176.0M shares 172.6M shares 146.4M shares 151.7M shares
Diluted Shares Outstanding 177.7M shares 176.0M shares 172.6M shares 146.4M shares 151.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.3758 Billion

About PAYCOR HCM, INC.

Paycor HCM, Inc. operates as a holding company, which engages in the development and provision of a software-as-a-service platform. The company is headquartered in Cincinnati, Ohio and currently employs 2,900 full-time employees. The company went IPO on 2021-07-21. The firm offers solutions, such as payroll, human resources (HR) services, talent acquisition, talent management, workforce management, benefits administration, reporting and analytics, and other payroll-related services. Its services are generally provided in a Software-as-a-Service (SaaS) delivery model utilizing a cloud-based platform. The Company’s solutions target small and medium-sized businesses. The firm's HCM solution automates routine management tasks so frontline leaders can focus on the key elements that drive business performance and employee engagement, such as goal setting, coaching and talent development. The firm's comprehensive suite of solutions enables organizations to streamline administrative workflows and achieve regulatory compliance while serving as the single, secure system of record for employee data.

Industry: Services-Prepackaged Software Peers: CCC Intelligent Solutions Holdings Inc. Coupa Software Inc DoubleVerify Holdings, Inc. Five9, Inc. Guidewire Software, Inc. HashiCorp, Inc. Nutanix, Inc. Salesforce, Inc. SPS COMMERCE INC