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

Paycom Software (PAYC) recorded quarterly Tax Rate of 27.64% in Q1 2026, up 140.41% quarter-over-quarter from 68.38% in Q4 2025, and up 89.0% on a YoY basis from 14.62% in Q1 2025.

Paycom Software (PAYC) Tax Rate (2013 - 2026) Analysis & Trends

Paycom Software's Tax Rate history runs 14 years deep, the most recent figure standing at 27.64% for Q1 2026.

  • In Q1 2026, Tax Rate rose 89.0% year-over-year to 27.64%; the TTM figure through Mar 2026 stood at 3.18% (down 2399.0% YoY), while the FY2025 annual figure was 1.92%, down 1984.0% from the prior year.
  • Tax Rate was 27.64% for Q1 2026 at Paycom Software, up from 68.38% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 32.67% in Q4 2022 to a low of 68.38% in Q4 2025.
  • Historically, Tax Rate has averaged 21.24% across 5 years, with a median of 27.55% in 2025.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate soared 3193 bps in 2022, then slumped 8957 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 32.67% in 2022, then fell by 18 bps to 26.94% in 2023, then retreated by 21 bps to 21.19% in 2024, then plunged by 423 bps to 68.38% in 2025, then surged by 140 bps to 27.64% in 2026.
  • The last three Tax Rate figures came in at 27.64% (Q1 2026), 68.38% (Q4 2025), and 27.55% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -18.42%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 39.11%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 8.36%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 22.74%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 21.59%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 30.31%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 23.68%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 23.50%
10 Paycom Software 6.61 Bn 6.46 Bn 454.30 Mn 27.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.64%
Mar 31, 2026 27.64%
Dec 31, 2025 -68.38%
Dec 31, 2025 -68.38%
Sep 30, 2025 27.55%
Sep 30, 2025 27.55%
Jun 30, 2025 23.63%
Jun 30, 2025 23.63%
Mar 31, 2025 26.75%
Mar 31, 2025 26.75%
Dec 31, 2024 21.19%
Dec 31, 2024 21.19%
Sep 30, 2024 32.32%
Sep 30, 2024 32.32%
Jun 30, 2024 31.48%
Jun 30, 2024 31.48%
Mar 31, 2024 14.76%
Mar 31, 2024 14.76%
Dec 31, 2023 26.94%
Dec 31, 2023 26.94%