Paycom Software (PAYC) Tax Rate (2013 - 2026)

Paycom Software has reported Tax Rate for 14 years, with the latest figure at 31.55% in Q2 2026.

• On a quarterly basis, Tax Rate rose 791.0% year-over-year to 31.55% in Q2 2026; TTM through Jun 2026 was 28.71%, a 200.0% increase from a year earlier, with the FY2025 full-year figure at 26.8%, up 415.0% from the prior year.
• Tax Rate was 31.55% for Q2 2026 at Paycom Software, up from 27.64% in the prior quarter.
• The five-year high for Tax Rate was 32.67% in Q4 2022, with the low at 14.76% in Q1 2024.
• Average Tax Rate over 5 years is 27.41%, with a median of 27.76% recorded in 2022.
• The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 3193 bps in 2022, then sank 1320 bps in 2024.
• Over 5 years, Tax Rate stood at 32.67% in 2022, then retreated by 18 bps to 26.94% in 2023, then declined by 7 bps to 25.02% in 2024, then rose by 14 bps to 28.47% in 2025, then climbed by 11 bps to 31.55% in 2026.
• The last three Tax Rate figures came in at 31.55% (Q2 2026), 27.64% (Q1 2026), and 28.47% (Q4 2025), per Business Quant data.