Paycom Net Worth (Updated 2025).

Paycom, a leading provider of human capital management (HCM) software, was founded in 2005 with a simple yet powerful mission: to create a single, intuitive software solution that could manage the entire employee lifecycle. The company was launched by Chad Richison, a young entrepreneur with a background in payroll and HR technology, who saw an opportunity to streamline HR processes and improve the employee experience.

Paycom’s journey to fame began with a focus on innovation and customer satisfaction. The company’s flagship product, a single, cloud-based software platform that combines payroll, benefits, talent management, and HR compliance, was designed to eliminate the need for multiple, siloed HR systems. This unique approach resonated with businesses seeking to simplify their HR processes and improve employee engagement. By 2015, Paycom had achieved a significant milestone, reaching $100 million in revenue, and was listed on the New York Stock Exchange.

Paycom’s Current Net Worth (2025)

As of 2025, Paycom Software, Inc.’s market capitalization has reached approximately $11.5 billion. This figure reflects the company’s strong performance and growth in the human capital management software industry.

Career

Chad Richison, Paycom’s founder and CEO, began his career in the staffing industry. In 1998, he founded Paycom, initially offering payroll services. He expanded the company’s offerings to include a comprehensive, cloud-based human capital management software suite.

Other Ventures

Paycom has made strategic investments in other companies, including a minority stake in the NBA’s Oklahoma City Thunder. Additionally, the company has supported various philanthropic initiatives through its “Paycom Cares” program, focusing on education, health, and community development.

Assets

Paycom’s assets primarily consist of intellectual property, including software and technology, and current and non-current assets like cash, accounts receivable, and property, plant, and equipment. As of 2021, total assets were valued at around $450 million.

Annual Income

Paycom’s annual revenue has seen consistent growth. In 2021, the company reported revenue of $566.8 million, up from $466.4 million in 2020. This growth reflects Paycom’s expanding customer base and increasing market demand for its services.

Frequently Asked Questions about  Paycom

Frequently Asked Questions: Paycom Net Worth

1. What is Paycom’s net worth?

Paycom’s net worth is estimated to be around $5 billion.

2. How does Paycom generate its revenue?

Paycom generates revenue through its human capital management (HCM) software solutions. It offers a variety of services including payroll, talent management, time and labor management, and HR compliance.

3. Who is the CEO of Paycom?

Chad Richison is the CEO of Paycom. He co-founded the company in 1998 and has been serving as the CEO since then.

4. Where is Paycom’s headquarters located?

Paycom’s headquarters is located in Oklahoma City, Oklahoma.

5. How many employees does Paycom have?

As of 2021, Paycom employs over 3,000 people.

6. Is Paycom a publicly traded company?

Yes, Paycom is a publicly traded company. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol PAYC.

7. When was Paycom founded?

Paycom was founded in 1998.

8. What is Paycom’s mission statement?

Paycom’s mission statement is “To revolutionize the human capital management industry by delivering the most powerful, easy-to-use, and adaptable cloud-based software solution.”

9. How does Paycom compare to other HCM software providers in terms of net worth?

Paycom’s net worth is comparable to other large HCM software providers. However, it’s important to note that net worth can vary greatly depending on various factors such as market conditions, company performance, and other external factors.

10. What are some of the awards and recognitions that Paycom has received?

Paycom has received numerous awards and recognitions, including being named one of the fastest-growing companies by Inc. magazine, and being recognized as a leader in the HCM software market by various industry analysts.