Paycom Software (BSP:P1YC34) Tax Rate % : 26.95% (As of Dec. 2023)

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What is Paycom Software Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Paycom Software's Tax Expense for the three months ended in Dec. 2023 was R$148 Mil. Paycom Software's Pre-Tax Income for the three months ended in Dec. 2023 was R$548 Mil. Therefore, Paycom Software's Tax Rate % for the quarter that ended in Dec. 2023 was 26.95%.

Paycom Software Tax Rate % Historical Data

The historical data trend for Paycom Software's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paycom Software Tax Rate % Chart

Paycom Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.13

22.85

23.44

27.77

27.86

Paycom Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															29.86	27.96	30.51	26.29	26.95

Paycom Software Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Paycom Software's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	644.868	/	2314.661
	=	27.86 %

Paycom Software's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	147.753	/	548.346
	=	26.95 %

Paycom Software Tax Rate % Related Terms

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Paycom Software (BSP:P1YC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (BSP:P1YC34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PAYC:USA PAYC:Mexico

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

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