Paylocity Holding (PCTY) Tax Rate (2013 - 2026)
Paylocity Holding (PCTY) recorded quarterly Tax Rate of 29.16% in Q1 2026, up 2.41% quarter-over-quarter from 28.47% in Q4 2025, and up 144.0% on a YoY basis from 11.95% in Q1 2025.
Paylocity Holding (PCTY) Tax Rate (2013 - 2026) Analysis & Trends
Paylocity Holding's Tax Rate history runs 14 years deep, the most recent figure standing at 29.16% for Q1 2026.
- In Q1 2026, Tax Rate rose 144.0% year-over-year to 29.16%; the TTM figure through Mar 2026 stood at 30.06% (up 321.0% YoY), while the FY2025 annual figure was 26.51%, up 115.0% from the prior year.
- Tax Rate was 29.16% for Q1 2026 at Paylocity Holding, up from 28.47% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.94% in Q3 2025 to a low of 338.23% in Q3 2022.
- Historically, Tax Rate has averaged 4.56% across 5 years, with a median of 27.72% in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 13303 bps in 2022, then surged 36052 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 14.3% in 2022, then surged by 101 bps to 28.76% in 2023, then slumped by 31 bps to 19.97% in 2024, then surged by 43 bps to 28.47% in 2025, then increased by 2 bps to 29.16% in 2026.
- The last three Tax Rate figures came in at 29.16% (Q1 2026), 28.47% (Q4 2025), and 35.94% (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 | Paylocity Holding | 5.66 Bn | 5.36 Bn | 363.19 Mn | 29.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.16% |
| Mar 31, 2026 | 29.16% |
| Dec 31, 2025 | 28.47% |
| Dec 31, 2025 | 28.47% |
| Sep 30, 2025 | 35.94% |
| Sep 30, 2025 | 35.94% |
| Jun 30, 2025 | 27.24% |
| Jun 30, 2025 | 27.24% |
| Mar 31, 2025 | 27.72% |
| Mar 31, 2025 | 27.72% |
| Dec 31, 2024 | 19.97% |
| Dec 31, 2024 | 19.97% |
| Sep 30, 2024 | 28.04% |
| Sep 30, 2024 | 28.04% |
| Jun 30, 2024 | 28.71% |
| Jun 30, 2024 | 28.71% |
| Mar 31, 2024 | 22.87% |
| Mar 31, 2024 | 22.87% |
| Dec 31, 2023 | 28.76% |
| Dec 31, 2023 | 28.76% |