Paycom
PAYC
$307.44
Share price
0.49%
Change (1 day)
1.80%
Change (1 year)
Categories
Paycom Software, Inc., simply known as Paycom, is an American online payroll and human resource technology provider.
Operating Margin for Paycom (PAYC)
Operating Margin as of June 2023 (TTM): 29.03%
According to Paycom 's latest financial reports and stock price the company's current Operating Margin is 29.03%. At the end of 2021 the company had an Operating Margin of 24.25%.
Operating Margin history for Paycom from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 24.25% | 9.74% |
| 2020 | 22.10% | -27.9% |
| 2019 | 30.65% | -0.65% |
| 2018 | 30.85% | 74.3% |
| 2017 | 17.70% | 1.77% |
| 2016 | 17.39% | 16.54% |
| 2015 | 14.92% | 133.26% |
| 2014 | 6.40% | -10.72% |
| 2013 | 7.17% | -1223.35% |
| 2012 | -0.64% | -125.52% |
| 2011 | 2.50% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 18.02% | -37.93% | 🇺🇸 USA |
 Paychex PAYX | 39.56% | 36.27% | 🇺🇸 USA |
 Workday WDAY | -3.07% | -110.58% | 🇺🇸 USA |
 SS&C Technologies
SSNC | 22.24% | -23.39% | 🇺🇸 USA |
 Paylocity PCTY | 9.13% | -68.55% | 🇺🇸 USA |
 Manhattan Associates
MANH | 20.20% | -30.42% | 🇺🇸 USA |
 Cornerstone OnDemand
CSOD | 3.57% | -87.71% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.