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| Date | Value |
|---|---|
| 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% |