Paylocity Holding Corporation (PCTY) Balance Sheet
PCTY balance sheet, FY2026
June 30, 2026 · U.S. dollars$4.88B assets = $3.66B liabilities + $1.22B equity
Both columns are drawn to the same scale: what PCTY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PCTY financial health
Current ratio1.09
Adequate · current assets cover current liabilities 1.09×
Debt / equity0.10
Low leverage · $0.10 of debt for each $1 of equity
Equity / assets25.0%
Balanced · of assets funded by shareholders
Cash / debt220.3%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles18.2%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
PCTY balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.14BFY2017 | $4.88BFY2026 | +17.6%/yr | |
| Total liabilities | $989.8MFY2017 | $3.66BFY2026 | +15.6%/yr | |
| Shareholders’ equity | $147.6MFY2017 | $1.22BFY2026 | +26.5%/yr | |
| Cash & short-term investments | $103.5MFY2017 | $271.9MFY2026 | +11.3%/yr | |
| Total debt | $2.1MFY2018 | $123.5MFY2026 | +66.0%/yr | |
| Net cash (debt) | $135.1MFY2018 | $148.5MFY2026 | +$13.4M | |
| Working capital | $88.0MFY2017 | $302.8MFY2026 | +$214.8M | |
| Book value per share | $2.73FY2017 | $22.30FY2026 | +26.3%/yr | |
| Current ratio | 1.09FY2017 | 1.09FY2026 | 0.00 | |
| Debt / equity | 0.01FY2018 | 0.10FY2026 | +0.09 | |
| Shares outstanding | 54.1MFY2017 | 54.8MFY2026 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PCTY assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PCTY liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PCTY debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PCTY balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $271.9M | $398.1M | $401.8M | $288.8M | $139.8M | $206.7M | $285.4M | $161.8M | $137.2M | $103.5M |
| Cash & equivalents | $271.9M | $398.1M | $401.8M | $288.8M | $139.8M | $202.3M | $250.9M | $132.5M | $137.2M | $103.5M |
| Short-term investments | — | — | — | — | $4.5M | $4.5M | $34.6M | $29.3M | $732,000 | $0 |
| Receivables | $50.1M | $41.6M | $33.0M | $25.1M | $15.8M | $6.3M | $4.9M | $4.4M | $3.5M | $2.0M |
| Inventory | $0 | $0 | −$39.8M | $2.70B | $4.5M | $1.76B | $1.29B | $1.37B | $0 | $0 |
| Other current assets | $3.40B | $2.87B | $3.13B | $35.1M | $4.07B | $64.7M | $80.1M | $64.9M | $1.24B | $957.3M |
| Total current assets | $3.72B | $3.31B | $3.52B | $3.05B | $4.23B | $2.03B | $1.66B | $1.60B | $1.38B | $1.06B |
| Property, plant & equipment (net) | $248.1M | $90.2M | $94.4M | $108.1M | $112.0M | $103.8M | $115.4M | $70.1M | $62.0M | $40.8M |
| Goodwill & intangible assets | $891.3M | $568.1M | $253.6M | $222.7M | $209.4M | $91.7M | $71.5M | $47.8M | $43.7M | $32.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $708,000 | $0 | $0 |
| Other non-current assets | $21.8M | $419.2M | $372.9M | $316.4M | $255.9M | $186.5M | $135.6M | $89.2M | $23.6M | $1.5M |
| Total assets | $4.88B | $4.39B | $4.25B | $3.70B | $4.81B | $2.41B | $1.99B | $1.80B | $1.51B | $1.14B |
| Liabilities | ||||||||||
| Accounts payable | $10.9M | $17.3M | $8.6M | $6.2M | $8.4M | $4.2M | $1.8M | $4.0M | $3.0M | $2.0M |
| Short-term debt | — | $8.6M | $7.6M | $7.8M | $8.4M | $7.5M | $8.1M | $1.5M | $2.1M | — |
| Deferred revenue | — | $35.7M | $25.9M | $24.5M | $13.5M | $9.4M | $8.8M | $5.6M | $654,000 | — |
| Total current liabilities | $3.42B | $2.91B | $3.12B | $2.77B | $4.12B | $1.87B | $1.41B | $1.46B | $1.27B | $974.8M |
| Long-term debt | $81.2M | $162.5M | $0 | $0 | $0 | $0 | $100.0M | $0 | $0 | $0 |
| Lease obligations | $51.7M | $55.4M | $54.4M | $62.5M | $77.5M | $74.8M | $81.4M | $1.5M | $2.1M | — |
| Other long-term liabilities | $161.5M | $87.9M | $95.0M | $78.0M | $75.0M | $70.9M | $83.8M | $39.9M | $23.9M | $15.0M |
| Total liabilities | $3.66B | $3.16B | $3.21B | $2.85B | $4.20B | $1.94B | $1.59B | $1.50B | $1.29B | $989.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $53,000 | $55,000 | $56,000 | $56,000 | $55,000 | $55,000 | $54,000 | $53,000 | $53,000 | $52,000 |
| Retained earnings (deficit) | $1.17B | $900.6M | $673.5M | $466.7M | $325.9M | $235.1M | $164.3M | $99.8M | −$6.7M | −$45.3M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$1.2M | $5.6M | −$936,000 | −$4.5M | −$2.3M | $66,000 | $675,000 | $112,000 | −$139,000 | −$25.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.22B | $1.23B | $1.03B | $842.9M | $613.5M | $476.9M | $392.9M | $308.0M | $212.8M | $147.6M |
| Key figures | ||||||||||
| Total debt | $123.5M | $217.9M | $54.4M | $70.3M | $77.5M | $74.8M | $181.4M | $1.5M | $2.1M | — |
| Net cash (debt) | $148.5M | $180.2M | $347.4M | $218.5M | $62.2M | $132.0M | $104.0M | $160.3M | $135.1M | — |
| Working capital | $302.8M | $406.7M | $407.1M | $273.6M | $111.1M | $165.9M | $254.2M | $140.1M | $107.4M | $88.0M |
| Tangible book value | $330.1M | $665.7M | $779.4M | $620.2M | $404.1M | $385.2M | $321.4M | $260.1M | $169.1M | $115.3M |
| Book value per share | $22.30 | $21.82 | $18.13 | $14.89 | $10.87 | $8.47 | $7.04 | $5.56 | $3.88 | $2.73 |
| Shares outstanding | 54.8M | 56.5M | 57.0M | 56.6M | 56.4M | 56.3M | 55.8M | 55.4M | 54.9M | 54.1M |
| Current ratio | 1.09 | 1.14 | 1.13 | 1.10 | 1.03 | 1.09 | 1.18 | 1.10 | 1.08 | 1.09 |
| Quick ratio | 0.09 | 0.15 | 0.14 | 0.11 | 0.04 | 0.11 | 0.21 | 0.11 | 0.11 | 0.11 |
| Debt / equity | 0.10 | 0.18 | 0.05 | 0.08 | 0.13 | 0.16 | 0.46 | 0.00 | 0.01 | — |
| Equity / assets | 25.0% | 28.1% | 24.3% | 22.8% | 12.8% | 19.7% | 19.8% | 17.1% | 14.1% | 13.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $271.9M | $299.7M | $162.5M | $165.2M | $398.1M | $477.8M | $482.4M | $778.5M | $401.8M | $492.7M | $366.9M | $305.0M |
| Cash & equivalents | $271.9M | $299.7M | $162.5M | $165.2M | $398.1M | $477.8M | $482.4M | $778.5M | $401.8M | $492.7M | $366.9M | $305.0M |
| Receivables | $50.1M | $48.4M | $44.0M | $41.7M | $41.6M | $43.6M | $43.5M | $34.3M | $33.0M | $33.7M | $32.5M | $30.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.36B | $2.61B |
| Other current assets | $3.40B | $4.01B | $5.69B | $2.96B | $2.87B | $3.58B | $3.71B | $2.48B | $3.09B | $3.72B | $48.5M | $37.0M |
| Total current assets | $3.72B | $4.36B | $5.89B | $3.16B | $3.31B | $4.10B | $4.24B | $3.30B | $3.52B | $4.25B | $3.81B | $2.98B |
| Property, plant & equipment (net) | $248.1M | $91.7M | $88.2M | $87.1M | $90.2M | $91.6M | $93.2M | $91.1M | $94.4M | $96.5M | $100.6M | $106.2M |
| Goodwill & intangible assets | $891.3M | $560.3M | $560.0M | $564.3M | $568.1M | $570.2M | $570.9M | $256.5M | $253.6M | $250.1M | $245.3M | $229.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $21.8M | $434.1M | $430.6M | $421.7M | $419.2M | $403.2M | $392.5M | $380.8M | $372.9M | $359.9M | $340.1M | $328.1M |
| Total assets | $4.88B | $5.44B | $6.97B | $4.24B | $4.39B | $5.17B | $5.29B | $4.02B | $4.25B | $4.95B | $4.49B | $3.65B |
| Liabilities | ||||||||||||
| Accounts payable | $10.9M | $12.3M | $7.3M | $6.0M | $17.3M | $8.7M | $5.5M | $16.0M | $8.6M | $5.2M | $8.0M | $8.7M |
| Short-term debt | — | $9.4M | $8.2M | $8.1M | $8.6M | $8.2M | $8.1M | $7.7M | $7.6M | $8.0M | $8.2M | $8.4M |
| Deferred revenue | — | $39.0M | $43.4M | $38.6M | $35.7M | $37.6M | $41.1M | $27.4M | $25.9M | $27.5M | $30.3M | $26.1M |
| Total current liabilities | $3.42B | $4.04B | $5.68B | $2.95B | $2.91B | $3.62B | $3.71B | $2.50B | $3.12B | $3.77B | $3.42B | $2.67B |
| Long-term debt | $81.2M | $81.2M | $81.2M | $81.2M | $162.5M | $243.8M | $325.0M | $325.0M | $0 | $0 | $0 | $0 |
| Lease obligations | $51.7M | $53.3M | $52.2M | $54.3M | $55.4M | $57.3M | $57.1M | $53.3M | $54.4M | $56.9M | $59.2M | $60.6M |
| Other long-term liabilities | $161.5M | $144.6M | $115.2M | $106.1M | $87.9M | $90.5M | $91.0M | $93.2M | $95.0M | $88.4M | $83.1M | $81.9M |
| Total liabilities | $3.66B | $4.26B | $5.87B | $3.13B | $3.16B | $3.96B | $4.12B | $2.92B | $3.21B | $3.85B | $3.51B | $2.75B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $53,000 | $54,000 | $54,000 | $54,000 | $55,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 |
| Retained earnings (deficit) | $1.17B | $1.11B | $998.8M | $948.6M | $900.6M | $852.0M | $760.5M | $723.0M | $673.5M | $624.6M | $539.3M | $501.2M |
| Accumulated other comprehensive income | −$1.2M | $1.2M | $6.3M | $6.3M | $5.6M | $3.7M | $217,000 | $5.9M | −$936,000 | −$693,000 | $534,000 | −$4.4M |
| Total shareholders' equity | $1.22B | $1.18B | $1.10B | $1.10B | $1.23B | $1.21B | $1.17B | $1.11B | $1.03B | $1.10B | $986.8M | $892.6M |
| Key figures | ||||||||||||
| Total debt | $123.5M | $134.6M | $133.5M | $135.5M | $217.9M | $301.0M | $382.1M | $378.3M | $54.4M | $56.9M | $59.2M | $69.0M |
| Net cash (debt) | $148.5M | $165.2M | $29.0M | $29.6M | $180.2M | $176.8M | $100.2M | $400.2M | $347.4M | $435.8M | $307.7M | $236.0M |
| Working capital | $302.8M | $320.5M | $215.9M | $217.6M | $406.7M | $478.0M | $531.6M | $795.6M | $407.1M | $481.3M | $383.8M | $310.7M |
| Tangible book value | $330.1M | $620.5M | $538.3M | $539.2M | $665.7M | $638.5M | $601.3M | $849.4M | $779.4M | $849.3M | $741.5M | $663.1M |
| Book value per share | $22.30 | $21.46 | $19.85 | $19.75 | $21.93 | $21.29 | $20.66 | $19.66 | $18.16 | $19.27 | $17.36 | $15.69 |
| Shares outstanding | 54.8M | 55.0M | 55.3M | 55.9M | 56.3M | 56.8M | 56.7M | 56.3M | 56.9M | 57.0M | 56.9M | 56.9M |
| Current ratio | 1.09 | 1.08 | 1.04 | 1.07 | 1.14 | 1.13 | 1.14 | 1.32 | 1.13 | 1.13 | 1.11 | 1.12 |
| Quick ratio | 0.09 | 0.09 | 0.04 | 0.07 | 0.15 | 0.14 | 0.14 | 0.33 | 0.14 | 0.14 | 0.12 | 0.13 |
| Debt / equity | 0.10 | 0.11 | 0.12 | 0.12 | 0.18 | 0.25 | 0.33 | 0.34 | 0.05 | 0.05 | 0.06 | 0.08 |
| Equity / assets | 25.0% | 21.7% | 15.8% | 26.0% | 28.1% | 23.4% | 22.1% | 27.5% | 24.3% | 22.2% | 22.0% | 24.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 5, 2026); data from EODHD.
PCTY financial position
At the end of fiscal 2026 (June 30, 2026), Paylocity had total assets of $4.9 billion (up 11.3% from a year earlier), total liabilities of $3.7 billion and shareholders' equity of $1.2 billion. It held $271.9 million in cash and short-term investments against $123.5 million of debt, a net cash position of $148.5 million. Its current ratio was 1.09.
Related: PCTY income statement, PCTY cash flow statement, PCTY key metrics. See the PCTY stock overview for the latest quote and news.
PCTY balance sheet FAQ
What are Paylocity's total assets?
Paylocity reported total assets of $4.9 billion at the end of fiscal 2026 (June 30, 2026), compared with $4.4 billion a year earlier.
How much debt does Paylocity have?
Paylocity had $123.5 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.10.
How much cash does Paylocity have?
Paylocity held $271.9 million in cash and short-term investments at the end of fiscal 2026; with $123.5 million of debt that is net cash of $148.5 million.
What is Paylocity's book value?
Paylocity's shareholders' equity (book value) was $1.2 billion at the end of fiscal 2026, or $22.30 per share.
What is Paylocity's current ratio?
Paylocity had current assets of $3.7 billion and current liabilities of $3.4 billion, a current ratio of 1.09 (it can cover its short-term obligations).
How much goodwill does Paylocity have?
Paylocity carried $891.3 million of goodwill and intangible assets, 18.2% of total assets, at the end of fiscal 2026.