Paylocity Holding stock (US70438V1061): valuation in focus after recent trading and Q3 FY2024 update

Paylocity Holding shares on Nasdaq remain in focus after the company reported double-digit revenue growth for its fiscal third quarter of 2024 and the stock continues to trade in the mid-100 USD range. Investors are watching how current valuation metrics stack up against that growth profile.

Paylocity Holding shares continue to draw investor attention on the Nasdaq as the United States-based human capital management specialist trades in the mid-100 USD range while investors digest the company’s latest fiscal 2024 results and current valuation multiples.

The stock traded at USD 107.13 on 02/13/2026 on Nasdaq, according to Stock Analysis as of 02/13/2026, giving Paylocity Holding a market capitalization of about USD 5.77 billion on that date.

As of: 05/06/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: PCTY
• Sector/industry: Human capital management software / payroll and HR solutions
• Headquarters/country: Schaumburg, United States
• Core markets: United States mid-sized and small enterprises
• Key revenue drivers: Cloud-based payroll, human resources, workforce management and related HCM modules
• Home exchange/listing venue: Nasdaq (PCTY)
• Trading currency: USD

Paylocity Holding: core business model

Paylocity Holding develops and sells cloud-native human capital management platforms that employers use to run payroll, manage HR processes and engage their workforces, with subscription-based fees and add-on services linked to employee counts and product usage as key revenue levers.

Valuation metrics and multiples for Paylocity Holding

The market capitalization of approximately USD 5.77 billion recorded on 02/13/2026, based on a share price of USD 107.13 on Nasdaq, reflects how investors currently value Paylocity Holding relative to its recent financial performance and growth profile, according to Stock Analysis as of 02/13/2026.

In its fiscal third quarter of 2024, reported on 05/02/2024, the company disclosed continued double-digit revenue growth and highlighted the contribution of its software-as-a-service model, according to the earnings release on 05/02/2024 on the Paylocity investor relations website, as cited by Paylocity investor relations as of 05/02/2024.

Conclusion

Paylocity Holding’s position as a United States-based provider of cloud HCM software, together with its fiscal 2024 revenue growth, provides the fundamental backdrop for the valuation implied by its mid-100 USD share price level on Nasdaq.

How investors weigh that growth profile against broader market conditions and the competitive landscape in human capital management software will determine whether current valuation metrics prove attractive or demanding over time.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.