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Side-by-side financial comparison of Alliance Laundry Holdings Inc. (ALH) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.

Alliance Laundry Holdings Inc. is the larger business by last-quarter revenue ($437.6M vs $387.0M, roughly 1.1× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs 7.5%, a 5.5% gap on every dollar of revenue. On growth, Alliance Laundry Holdings Inc. posted the faster year-over-year revenue change (13.9% vs 11.3%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $87.0M).

Alliance Laundry Systems LLC is an American provider of commercial laundry systems. The company designs, manufactures, and markets a line of commercial and industrial laundry equipment under various brands in over 100 countries. Among the company's products are washers, drying tumblers and ironers for the coin laundry, multi-housing laundries, institutional laundries and laundries for consumer residences. Alliance Laundry Systems manufactures products under the brands Speed Queen, Primus, Hue...

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

ALH vs PCTY — Head-to-Head

Bigger by revenue
ALH
ALH
1.1× larger
ALH
$437.6M
$387.0M
PCTY
Growing faster (revenue YoY)
ALH
ALH
+2.6% gap
ALH
13.9%
11.3%
PCTY
Higher net margin
PCTY
PCTY
5.5% more per $
PCTY
13.0%
7.5%
ALH
More free cash flow
PCTY
PCTY
$26.6M more FCF
PCTY
$113.6M
$87.0M
ALH

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ALH
ALH
PCTY
PCTY
Revenue
$437.6M
$387.0M
Net Profit
$32.9M
$50.2M
Gross Margin
37.0%
72.9%
Operating Margin
19.5%
18.2%
Net Margin
7.5%
13.0%
Revenue YoY
13.9%
11.3%
Net Profit YoY
620.3%
34.0%
EPS (diluted)
$0.19
$0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALH
ALH
PCTY
PCTY
Q4 25
$387.0M
Q3 25
$437.6M
$378.9M
Q2 25
$369.9M
Q1 25
$421.1M
Q4 24
$347.7M
Q3 24
$384.3M
$333.1M
Q2 24
$324.7M
Q1 24
$366.8M
Net Profit
ALH
ALH
PCTY
PCTY
Q4 25
$50.2M
Q3 25
$32.9M
$48.0M
Q2 25
$48.6M
Q1 25
$91.5M
Q4 24
$37.5M
Q3 24
$-6.3M
$49.6M
Q2 24
$48.8M
Q1 24
$85.3M
Gross Margin
ALH
ALH
PCTY
PCTY
Q4 25
72.9%
Q3 25
37.0%
73.9%
Q2 25
73.5%
Q1 25
77.1%
Q4 24
72.6%
Q3 24
37.2%
74.4%
Q2 24
74.0%
Q1 24
77.8%
Operating Margin
ALH
ALH
PCTY
PCTY
Q4 25
18.2%
Q3 25
19.5%
19.6%
Q2 25
17.9%
Q1 25
30.2%
Q4 24
13.4%
Q3 24
18.7%
19.3%
Q2 24
19.4%
Q1 24
29.0%
Net Margin
ALH
ALH
PCTY
PCTY
Q4 25
13.0%
Q3 25
7.5%
12.7%
Q2 25
13.1%
Q1 25
21.7%
Q4 24
10.8%
Q3 24
-1.6%
14.9%
Q2 24
15.0%
Q1 24
23.3%
EPS (diluted)
ALH
ALH
PCTY
PCTY
Q4 25
$0.92
Q3 25
$0.19
$0.86
Q2 25
$0.87
Q1 25
$1.61
Q4 24
$0.66
Q3 24
$-0.04
$0.88
Q2 24
$0.85
Q1 24
$1.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALH
ALH
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$136.2M
$162.5M
Total DebtLower is stronger
$81.3M
Stockholders' EquityBook value
$-136.4M
$1.1B
Total Assets
$2.9B
$7.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALH
ALH
PCTY
PCTY
Q4 25
$162.5M
Q3 25
$136.2M
$165.2M
Q2 25
$398.1M
Q1 25
$477.8M
Q4 24
$482.4M
Q3 24
$128.4M
$778.5M
Q2 24
$401.8M
Q1 24
$492.7M
Total Debt
ALH
ALH
PCTY
PCTY
Q4 25
$81.3M
Q3 25
$81.3M
Q2 25
$162.5M
Q1 25
$243.8M
Q4 24
$325.0M
Q3 24
$325.0M
Q2 24
$0
Q1 24
Stockholders' Equity
ALH
ALH
PCTY
PCTY
Q4 25
$1.1B
Q3 25
$-136.4M
$1.1B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$-284.6M
$1.1B
Q2 24
$1.0B
Q1 24
$1.1B
Total Assets
ALH
ALH
PCTY
PCTY
Q4 25
$7.0B
Q3 25
$2.9B
$4.2B
Q2 25
$4.4B
Q1 25
$5.2B
Q4 24
$5.3B
Q3 24
$4.0B
Q2 24
$4.2B
Q1 24
$5.0B
Debt / Equity
ALH
ALH
PCTY
PCTY
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.13×
Q1 25
0.20×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.00×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALH
ALH
PCTY
PCTY
Operating Cash FlowLast quarter
$116.8M
$117.0M
Free Cash FlowOCF − Capex
$87.0M
$113.6M
FCF MarginFCF / Revenue
19.9%
29.4%
Capex IntensityCapex / Revenue
6.8%
0.9%
Cash ConversionOCF / Net Profit
3.55×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALH
ALH
PCTY
PCTY
Q4 25
$117.0M
Q3 25
$116.8M
$86.5M
Q2 25
$86.6M
Q1 25
$186.0M
Q4 24
$54.2M
Q3 24
$91.5M
Q2 24
$79.9M
Q1 24
$167.5M
Free Cash Flow
ALH
ALH
PCTY
PCTY
Q4 25
$113.6M
Q3 25
$87.0M
$82.7M
Q2 25
$81.1M
Q1 25
$183.7M
Q4 24
$51.2M
Q3 24
$89.1M
Q2 24
$73.6M
Q1 24
$162.0M
FCF Margin
ALH
ALH
PCTY
PCTY
Q4 25
29.4%
Q3 25
19.9%
21.8%
Q2 25
21.9%
Q1 25
43.6%
Q4 24
14.7%
Q3 24
26.8%
Q2 24
22.7%
Q1 24
44.2%
Capex Intensity
ALH
ALH
PCTY
PCTY
Q4 25
0.9%
Q3 25
6.8%
1.0%
Q2 25
1.5%
Q1 25
0.5%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
1.9%
Q1 24
1.5%
Cash Conversion
ALH
ALH
PCTY
PCTY
Q4 25
2.33×
Q3 25
3.55×
1.80×
Q2 25
1.78×
Q1 25
2.03×
Q4 24
1.45×
Q3 24
1.84×
Q2 24
1.64×
Q1 24
1.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALH
ALH

Equipment Product Or Service$275.7M63%
Other$106.8M24%
Service Parts$33.1M8%
Equipment Financing$12.6M3%

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

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