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Side-by-side financial comparison of MONRO, INC. (MNRO) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.

Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $293.4M, roughly 1.3× MONRO, INC.). Paylocity Holding Corp runs the higher net margin — 13.0% vs 3.8%, a 9.2% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs -4.0%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $9.1M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs -2.7%).

Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.

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

MNRO vs PCTY — Head-to-Head

Bigger by revenue
PCTY
PCTY
1.3× larger
PCTY
$387.0M
$293.4M
MNRO
Growing faster (revenue YoY)
PCTY
PCTY
+15.3% gap
PCTY
11.3%
-4.0%
MNRO
Higher net margin
PCTY
PCTY
9.2% more per $
PCTY
13.0%
3.8%
MNRO
More free cash flow
PCTY
PCTY
$104.5M more FCF
PCTY
$113.6M
$9.1M
MNRO
Faster 2-yr revenue CAGR
PCTY
PCTY
Annualised
PCTY
2.7%
-2.7%
MNRO

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
MNRO
MNRO
PCTY
PCTY
Revenue
$293.4M
$387.0M
Net Profit
$11.1M
$50.2M
Gross Margin
34.9%
72.9%
Operating Margin
6.3%
18.2%
Net Margin
3.8%
13.0%
Revenue YoY
-4.0%
11.3%
Net Profit YoY
143.1%
34.0%
EPS (diluted)
$0.35
$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
MNRO
MNRO
PCTY
PCTY
Q4 25
$293.4M
$387.0M
Q3 25
$288.9M
$378.9M
Q2 25
$301.0M
$369.9M
Q1 25
$295.0M
$421.1M
Q4 24
$305.8M
$347.7M
Q3 24
$301.4M
$333.1M
Q2 24
$293.2M
$324.7M
Q1 24
$310.1M
$366.8M
Net Profit
MNRO
MNRO
PCTY
PCTY
Q4 25
$11.1M
$50.2M
Q3 25
$5.7M
$48.0M
Q2 25
$-8.1M
$48.6M
Q1 25
$-21.3M
$91.5M
Q4 24
$4.6M
$37.5M
Q3 24
$5.6M
$49.6M
Q2 24
$5.9M
$48.8M
Q1 24
$3.7M
$85.3M
Gross Margin
MNRO
MNRO
PCTY
PCTY
Q4 25
34.9%
72.9%
Q3 25
35.7%
73.9%
Q2 25
35.5%
73.5%
Q1 25
33.0%
77.1%
Q4 24
34.3%
72.6%
Q3 24
35.3%
74.4%
Q2 24
37.2%
74.0%
Q1 24
35.5%
77.8%
Operating Margin
MNRO
MNRO
PCTY
PCTY
Q4 25
6.3%
18.2%
Q3 25
4.4%
19.6%
Q2 25
-2.0%
17.9%
Q1 25
-8.1%
30.2%
Q4 24
3.3%
13.4%
Q3 24
4.4%
19.3%
Q2 24
4.5%
19.4%
Q1 24
3.3%
29.0%
Net Margin
MNRO
MNRO
PCTY
PCTY
Q4 25
3.8%
13.0%
Q3 25
2.0%
12.7%
Q2 25
-2.7%
13.1%
Q1 25
-7.2%
21.7%
Q4 24
1.5%
10.8%
Q3 24
1.9%
14.9%
Q2 24
2.0%
15.0%
Q1 24
1.2%
23.3%
EPS (diluted)
MNRO
MNRO
PCTY
PCTY
Q4 25
$0.35
$0.92
Q3 25
$0.18
$0.86
Q2 25
$-0.28
$0.87
Q1 25
$-0.74
$1.61
Q4 24
$0.15
$0.66
Q3 24
$0.18
$0.88
Q2 24
$0.19
$0.85
Q1 24
$0.12
$1.50

Balance Sheet & Financial Strength

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

Metric
MNRO
MNRO
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$4.9M
$162.5M
Total DebtLower is stronger
$45.0M
$81.3M
Stockholders' EquityBook value
$604.9M
$1.1B
Total Assets
$1.6B
$7.0B
Debt / EquityLower = less leverage
0.07×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNRO
MNRO
PCTY
PCTY
Q4 25
$4.9M
$162.5M
Q3 25
$10.5M
$165.2M
Q2 25
$7.8M
$398.1M
Q1 25
$20.8M
$477.8M
Q4 24
$10.2M
$482.4M
Q3 24
$20.9M
$778.5M
Q2 24
$18.7M
$401.8M
Q1 24
$6.6M
$492.7M
Total Debt
MNRO
MNRO
PCTY
PCTY
Q4 25
$45.0M
$81.3M
Q3 25
$60.0M
$81.3M
Q2 25
$71.5M
$162.5M
Q1 25
$61.3M
$243.8M
Q4 24
$59.3M
$325.0M
Q3 24
$62.0M
$325.0M
Q2 24
$112.0M
$0
Q1 24
$102.0M
Stockholders' Equity
MNRO
MNRO
PCTY
PCTY
Q4 25
$604.9M
$1.1B
Q3 25
$601.7M
$1.1B
Q2 25
$604.9M
$1.2B
Q1 25
$620.8M
$1.2B
Q4 24
$648.9M
$1.2B
Q3 24
$651.9M
$1.1B
Q2 24
$654.4M
$1.0B
Q1 24
$656.8M
$1.1B
Total Assets
MNRO
MNRO
PCTY
PCTY
Q4 25
$1.6B
$7.0B
Q3 25
$1.6B
$4.2B
Q2 25
$1.6B
$4.4B
Q1 25
$1.6B
$5.2B
Q4 24
$1.7B
$5.3B
Q3 24
$1.7B
$4.0B
Q2 24
$1.7B
$4.2B
Q1 24
$1.7B
$5.0B
Debt / Equity
MNRO
MNRO
PCTY
PCTY
Q4 25
0.07×
0.07×
Q3 25
0.10×
0.07×
Q2 25
0.12×
0.13×
Q1 25
0.10×
0.20×
Q4 24
0.09×
0.28×
Q3 24
0.10×
0.29×
Q2 24
0.17×
0.00×
Q1 24
0.16×

Cash Flow & Capital Efficiency

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

Metric
MNRO
MNRO
PCTY
PCTY
Operating Cash FlowLast quarter
$17.8M
$117.0M
Free Cash FlowOCF − Capex
$9.1M
$113.6M
FCF MarginFCF / Revenue
3.1%
29.4%
Capex IntensityCapex / Revenue
3.0%
0.9%
Cash ConversionOCF / Net Profit
1.60×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$49.6M
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNRO
MNRO
PCTY
PCTY
Q4 25
$17.8M
$117.0M
Q3 25
$32.3M
$86.5M
Q2 25
$-1.9M
$86.6M
Q1 25
$28.9M
$186.0M
Q4 24
$14.8M
$54.2M
Q3 24
$62.6M
$91.5M
Q2 24
$25.6M
$79.9M
Q1 24
$-5.3M
$167.5M
Free Cash Flow
MNRO
MNRO
PCTY
PCTY
Q4 25
$9.1M
$113.6M
Q3 25
$26.6M
$82.7M
Q2 25
$-9.3M
$81.1M
Q1 25
$23.2M
$183.7M
Q4 24
$7.9M
$51.2M
Q3 24
$57.6M
$89.1M
Q2 24
$16.8M
$73.6M
Q1 24
$-11.9M
$162.0M
FCF Margin
MNRO
MNRO
PCTY
PCTY
Q4 25
3.1%
29.4%
Q3 25
9.2%
21.8%
Q2 25
-3.1%
21.9%
Q1 25
7.9%
43.6%
Q4 24
2.6%
14.7%
Q3 24
19.1%
26.8%
Q2 24
5.7%
22.7%
Q1 24
-3.8%
44.2%
Capex Intensity
MNRO
MNRO
PCTY
PCTY
Q4 25
3.0%
0.9%
Q3 25
2.0%
1.0%
Q2 25
2.5%
1.5%
Q1 25
1.9%
0.5%
Q4 24
2.2%
0.9%
Q3 24
1.6%
0.7%
Q2 24
3.0%
1.9%
Q1 24
2.1%
1.5%
Cash Conversion
MNRO
MNRO
PCTY
PCTY
Q4 25
1.60×
2.33×
Q3 25
5.71×
1.80×
Q2 25
1.78×
Q1 25
2.03×
Q4 24
3.23×
1.45×
Q3 24
11.08×
1.84×
Q2 24
4.37×
1.64×
Q1 24
-1.42×
1.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MNRO
MNRO

Tires$150.2M51%
Maintenance$73.5M25%
Brakes$35.1M12%
Steering$24.9M8%
Batteries$6.2M2%
Exhaust$3.2M1%

PCTY
PCTY

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

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