Paylocity
PCTY
$158.88
Share price
-0.42%
Change (1 day)
-17.46%
Change (1 year)
Categories
Operating Margin for Paylocity (PCTY)
Operating Margin as of April 2024 (TTM): 13.19%
According to Paylocity's latest financial reports and stock price the company's current Operating Margin is 13.19%. At the end of 2022 the company had an Operating Margin of 9.92%.
Operating Margin history for Paylocity from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.92% | 8.65% |
| 2021 | 9.13% | -22.54% |
| 2020 | 11.79% | -1.95% |
| 2019 | 12.02% | 184.6% |
| 2018 | 4.22% | 73.71% |
| 2017 | 2.43% | -258.04% |
| 2016 | -1.54% | -83.12% |
| 2015 | -9.12% | 41.19% |
| 2014 | -6.46% | -16199.78% |
| 2013 | 0.04% | -99.2% |
| 2012 | 5.02% | 15158.92% |
| 2011 | 0.03% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | 219.48% | 🇺🇸 USA |
 Oracle ORCL | 18.02% | 36.62% | 🇺🇸 USA |
 Automatic Data Processing ADP | 25.80% | 95.60% | 🇺🇸 USA |
 Paychex PAYX | 39.56% | 199.92% | 🇺🇸 USA |
 Paycom
PAYC | 28.74% | 117.89% | 🇺🇸 USA |
 Workday WDAY | -1.27% | -109.63% | 🇺🇸 USA |
 Cornerstone OnDemand
CSOD | 3.57% | -72.96% | 🇺🇸 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.