Paycom Software (PAYC) Tax Rate (2013 - 2026)
Paycom Software (PAYC) posted quarterly Tax Rate of 27.64% for Q1 2026, up 89.0% year-over-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.
- 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 2504.0% YoY), while the FY2025 annual figure was 1.92%, down 2073.0% from the prior year.
- Tax Rate for Q1 2026 stood at 27.64%, up from 68.38% in the prior quarter.
- The five-year high for Tax Rate was 32.32% in Q3 2024, with the low at 68.38% in Q4 2025.
- The 5-year median for Tax Rate is 27.55% (2025), against an average of 15.83%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 9604 bps in 2023, then soared 9119 bps in 2024.
- Paycom Software's Tax Rate stood at 29.86% in 2022, then sank by 322 bps to 66.17% in 2023, then surged by 138 bps to 25.02% in 2024, then plunged by 373 bps to 68.38% in 2025, then jumped by 140 bps to 27.64% in 2026.
- Business Quant data shows PAYC's Tax Rate at 27.64% in Q1 2026, 68.38% in Q4 2025, and 27.55% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Paycom Software | 9.67 Bn | 9.47 Bn | 412.40 Mn | 31.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.55% |
| Jun 30, 2026 | 31.55% |
| Jun 30, 2026 | 31.55% |
| 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% |