Paycom Software (HAM:0PY) Total Operating Expense: €991 Mil (TTM As of Mar. 2026)


HAM:0PY Paycom Software Inc HAM:0PY
71 GF Score
Price €125.65
GF Value €217.18
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Paycom Software Total Operating Expense?

Paycom Software HAM:0PY +2.57% 71 Total Operating Expense is €991 Mil as of Mar. 2026. GuruFocus rates HAM:0PY with a GF Score™ of 71/100 and a GF Value™ of €217.18 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Paycom Software's Total Operating Expense for the three months ended in Mar. 2026 was €237 Mil. Paycom Software's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €991 Mil.

Paycom Software Total Operating Expense Related Terms

Paycom Software Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Paycom Software's Total Operating Expense 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.

Paycom Software Total Operating Expense Chart

Paycom Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 566.46 739.91 885.91 873.16 972.79

Paycom Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 241.24 246.06 251.60 255.69 237.36
HAM:0PY
71GF Score
Paycom Software Inc HAM:0PY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paycom Software Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €991 Mil.

* 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.

What does a Total Operating Expense of €991 Mil mean?
Paycom Software (HAM:0PY) has a Total Operating Expense of €991 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Paycom Software and its competitors.
Is Paycom Software's Total Operating Expense too high?
Paycom Software's current Total Operating Expense is €991 Mil. Overall, Paycom Software has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paycom Software's Total Operating Expense compare to ESTC and CVLT?
Paycom Software's Total Operating Expense of €991 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Paycom Software and its competitors. Paycom Software's current Total Operating Expense is €991 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paycom Software stock overvalued right now?
Based on GuruFocus' analysis, Paycom Software (HAM:0PY) is currently considered Significantly Undervalued. The stock's GF Value™ is €217.18, compared to a current price of €125.65 — trading 42.1% below its estimated fair value. The current Total Operating Expense is €991 Mil. Paycom Software's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Paycom Software (HAM:0PY), the current Total Operating Expense is €991 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paycom Software (HAM:0PY) Overvalued in 2026?

Based on GuruFocus' analysis, Paycom Software stock appears to be undervalued. The current stock price of €125.65 is trading 42.1% below its estimated GF Value™ of €217.18. GuruFocus considers Paycom Software to be Significantly Undervalued.

Key valuation signals for HAM:0PY:

  • Total Operating Expense: €991 Mil
  • GF Value™: €217.18 vs. price of €125.65 (42.1% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the HAM:0PY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Paycom Software Business Description

Address 7501 W. Memorial Road, Oklahoma, OK, USA, 73142
Founded in 1998, Paycom is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company services businesses of all sizes within the United States and internationally. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.
71GF Score

Get the complete analysis for HAM:0PY

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€125.65
Price
€217.18
GF Value