Is Paylocity Holding Corp (PCTY) Halal?

NASDAQ Technology United States $5.7B
✓ HALAL
Confidence: 95/100
Paylocity Holding Corp (PCTY) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.3% against the AAOIFI threshold of 30%, Paylocity Holding Corp comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.3%
/ 30%
6.1%
/ 30%
0.6%
/ 30%
0.32%
/ 5%
✓ HALAL
DJIM 3.3%
/ 33%
6.1%
/ 33%
0.6%
/ 33%
0.32%
/ 5%
✓ HALAL
MSCI 5.0%
/ 33%
9.1%
/ 33%
0.9%
/ 33%
0.32%
/ 5%
✓ HALAL
S&P 3.3%
/ 33%
6.1%
/ 33%
0.6%
/ 33%
0.32%
/ 5%
✓ HALAL
FTSE 5.0%
/ 33%
9.1%
/ 33%
0.9%
/ 50%
0.32%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
24.8
Forward: 12.6
EPS
$4.25
P/B Ratio
5.2
EV/EBITDA
14.5
EV: $5.5B
Revenue
$1.6B
Growth: 28.2%
Beta
0.6
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 69.1%
Operating Margin 5.4%
Net Margin 14.2%
Return on Equity (ROE) 21.0%
Return on Assets (ROA) 3.5%

Cash Flow & Balance Sheet

Operating Cash Flow$418M
Free Cash Flow$343M
Total Debt$218M
Debt-to-Equity14.1
Current Ratio1.0
Total Assets$4.4B

Price & Trading

Last Close$111.03
50-Day MA$118.57
200-Day MA$152.26
Avg Volume816K
Beta0.6
52-Week Range
$100.50
$201.97

About Paylocity Holding Corp (PCTY)

CEO
Mr. Toby J. Williams J.D.
Employees
6,700
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$5.7B
Currency
USD

Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, and garnishments; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and HR edge; time and attendance, scheduling, and time collection; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, market pay, learning, performance, and compensation. It also provides benefits solutions comprising benefit enrollment and updates, and third-party administrative solutions; employee experiences consisting of community, video, employee voice, recognition and rewards, modern workforce index, data insights, and reporting; and Paylocity for finance solutions, such as headcount planning, expense management, accounts payable automation, corporate cards, and guided procurement. In addition, the company offers implementation and training, client services, and tax and regulatory services. It serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. The company also sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.

Purification Calculator

As a halal stock with 0.32% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Paylocity Holding Corp (PCTY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Paylocity Holding Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Paylocity Holding Corp's debt ratio?

Paylocity Holding Corp's debt ratio is 3.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.0%.

Does Paylocity Holding Corp require dividend purification?

Yes, Paylocity Holding Corp has an impermissible income ratio of 0.32%, which means 0.32% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Paylocity Holding Corp's key financial metrics?

Paylocity Holding Corp has a market capitalization of $5.7B, trailing P/E ratio of 24.8, and revenue of $1.6B. The company maintains a gross margin of 69.1% and a net margin of 14.2%. Return on equity stands at 21.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.