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

Paycom Software's (PAYC) quarterly Tax Rate came in at 27.64% in Q1 2026, up 89.0% year-on-year from 14.62% in Q1 2025, and up 140.41% quarter-over-quarter from 68.38% in Q4 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.

  • On a quarterly basis, Tax Rate rose 89.0% year-over-year to 27.64% in Q1 2026; TTM through Mar 2026 was 3.18%, a 2504.0% decrease from a year earlier, with the FY2025 full-year figure at 1.92%, down 2073.0% from the prior year.
  • Tax Rate rose to 27.64% in Q1 2026 per PAYC's latest filing, from 68.38% in the prior quarter.
  • Across five years, Tax Rate topped out at 32.32% in Q3 2024 and bottomed at 68.38% in Q4 2025.
  • The 5-year median for Tax Rate is 27.55% (2025), against an average of 15.83%.
  • Across the five-year window, Tax Rate plunged 9604 bps in 2023 and soared 9119 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 29.86% in 2022, then plunged by 322 bps to 66.17% in 2023, then soared by 138 bps to 25.02% in 2024, then tumbled by 373 bps to 68.38% in 2025, then surged by 140 bps to 27.64% in 2026.
  • Per Business Quant, the three latest PAYC Tax Rate figures stand at 27.64% (Q1 2026), 68.38% (Q4 2025), and 27.55% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 Paycom Software 6.47 Bn 6.31 Bn 484.60 Mn 27.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.64%
Mar 31, 2026 27.64%
Mar 31, 2026 27.64%
Dec 31, 2025 -68.38%
Dec 31, 2025 -68.38%
Dec 31, 2025 -68.38%
Sep 30, 2025 27.55%
Sep 30, 2025 27.55%
Sep 30, 2025 27.55%
Jun 30, 2025 23.63%
Jun 30, 2025 23.63%
Jun 30, 2025 23.63%
Mar 31, 2025 26.75%
Mar 31, 2025 26.75%
Mar 31, 2025 26.75%
Dec 31, 2024 25.02%
Dec 31, 2024 25.02%
Dec 31, 2024 25.02%
Sep 30, 2024 32.32%
Sep 30, 2024 32.32%