Paycom Software (PAYC) Tax Rate (2013 - 2026)
Paycom Software (PAYC) posted Tax Rate of 31.55% for Q2 2026, up 7.91 percentage points from 23.63% a year earlier and up 3.91 percentage points from the prior quarter.
Paycom Software (PAYC) Tax Rate (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Paycom Software was 28.71%, up 2.00 percentage points year-over-year; for FY2025, it came in at 26.80%, up 4.15 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +3.95 percentage points (FY2020 to FY2025).
- In prior years, Paycom Software's Tax Rate was 22.65% in FY2024 (-5.21 pp), 27.86% in FY2023 (+0.09 pp), 27.77% in FY2022 (+4.33 pp) and 23.44% in FY2021 (+0.59 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q3 2024.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +1.97 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2022, with a gain of 31.93 percentage points; the weakest was Q1 2024, with a drop of 13.20 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 27.64% (Q1 2026), 28.47% (Q4 2025) and 27.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 15.11% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | - |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | - |
| 10 | Paycom Software | 9.77 Bn | 8.68 Bn | 442.10 Mn | 31.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.55% |
| Mar 31, 2026 | 27.64% |
| Dec 31, 2025 | 28.47% |
| Sep 30, 2025 | 27.55% |
| Jun 30, 2025 | 23.63% |
| Mar 31, 2025 | 26.75% |
| Dec 31, 2024 | 25.02% |
| Sep 30, 2024 | 32.32% |
| Jun 30, 2024 | 31.48% |
| Mar 31, 2024 | 14.76% |
| Dec 31, 2023 | 26.94% |
| Sep 30, 2023 | 26.29% |
| Jun 30, 2023 | 30.51% |
| Mar 31, 2023 | 27.96% |
| Dec 31, 2022 | 29.86% |
| Sep 30, 2022 | 30.73% |
| Jun 30, 2022 | 21.26% |
| Mar 31, 2022 | 27.88% |
| Dec 31, 2021 | 30.45% |
| Sep 30, 2021 | 30.24% |
Paycom Software Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PAYC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PAYC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PAYC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();