Paylocity Holding (PCTY) Tax Rate (2013 - 2026)
Paylocity Holding (PCTY) posted Tax Rate of 29.2% for Q2 2026, little changed on a QoQ basis from 29.16% in Q1 2026, and up 197.0% year-over-year from 9.83% in Q2 2025.
Analysis
Paylocity Holding (PCTY) Tax Rate (2013 - 2026) Analysis & Trends
Paylocity Holding has reported Tax Rate for 14 years, with the latest figure at 29.2% in Q2 2026.
- On a quarterly basis, Tax Rate rose 197.0% year-over-year to 29.2% in Q2 2026; TTM through Jun 2026 was 30.35%, a 384.0% increase from a year earlier, with the FY2026 full-year figure at 30.35%, up 384.0% from the prior year.
- Tax Rate was 29.2% for Q2 2026 at Paylocity Holding, roughly flat from 29.16% in the prior quarter.
- The five-year high for Tax Rate was 35.94% in Q3 2025, with the low at 338.23% in Q3 2022.
- Average Tax Rate over 5 years is 5.93%, with a median of 27.88% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 13303 bps in 2022, then soared 36052 bps in 2023.
- Over 5 years, Tax Rate stood at 14.3% in 2022, then soared by 101 bps to 28.76% in 2023, then sank by 31 bps to 19.97% in 2024, then soared by 43 bps to 28.47% in 2025, then grew by 3 bps to 29.2% in 2026.
- The last three Tax Rate figures came in at 29.2% (Q2 2026), 29.16% (Q1 2026), and 28.47% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | 22.20% |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | 24.11% |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 31.55% |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | 29.20% |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | -22.08% |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | 47.37% |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | -11.61% |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 16.44% |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.20% |
| Mar 31, 2026 | 29.16% |
| Dec 31, 2025 | 28.47% |
| Sep 30, 2025 | 35.94% |
| Jun 30, 2025 | 27.24% |
| Mar 31, 2025 | 27.72% |
| Dec 31, 2024 | 19.97% |
| Sep 30, 2024 | 28.04% |
| Jun 30, 2024 | 28.71% |
| Mar 31, 2024 | 22.87% |
| Dec 31, 2023 | 28.76% |
| Sep 30, 2023 | 22.28% |
| Jun 30, 2023 | 28.31% |
| Mar 31, 2023 | 29.32% |
| Dec 31, 2022 | 14.30% |
| Sep 30, 2022 | -338.23% |
| Jun 30, 2022 | 18.70% |
| Mar 31, 2022 | 25.97% |
| Dec 31, 2021 | -26.87% |
| Sep 30, 2021 | -205.20% |