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Side-by-side financial comparison of Paycom (PAYC) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.

Park Hotels & Resorts Inc. is the larger business by last-quarter revenue ($630.0M vs $544.3M, roughly 1.2× Paycom). Paycom runs the higher net margin — 20.9% vs 1.9%, a 19.0% gap on every dollar of revenue. On growth, Paycom posted the faster year-over-year revenue change (10.2% vs -1.3%). Over the past eight quarters, Paycom's revenue compounded faster (4.3% CAGR vs -4.2%).

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.

PAYC vs PK — Head-to-Head

Bigger by revenue
PK
PK
1.2× larger
PK
$630.0M
$544.3M
PAYC
Growing faster (revenue YoY)
PAYC
PAYC
+11.5% gap
PAYC
10.2%
-1.3%
PK
Higher net margin
PAYC
PAYC
19.0% more per $
PAYC
20.9%
1.9%
PK
Faster 2-yr revenue CAGR
PAYC
PAYC
Annualised
PAYC
4.3%
-4.2%
PK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PAYC
PAYC
PK
PK
Revenue
$544.3M
$630.0M
Net Profit
$113.8M
$12.0M
Gross Margin
83.9%
Operating Margin
28.9%
9.8%
Net Margin
20.9%
1.9%
Revenue YoY
10.2%
-1.3%
Net Profit YoY
0.2%
121.1%
EPS (diluted)
$2.06
$0.05

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
PAYC
PAYC
PK
PK
Q1 26
$630.0M
Q4 25
$544.3M
$629.0M
Q3 25
$493.3M
$610.0M
Q2 25
$483.6M
$672.0M
Q1 25
$530.5M
$630.0M
Q4 24
$493.9M
$625.0M
Q3 24
$451.9M
$649.0M
Q2 24
$437.5M
$686.0M
Net Profit
PAYC
PAYC
PK
PK
Q1 26
$12.0M
Q4 25
$113.8M
$-205.0M
Q3 25
$110.7M
$-16.0M
Q2 25
$89.5M
$-5.0M
Q1 25
$139.4M
$-57.0M
Q4 24
$113.6M
$66.0M
Q3 24
$73.3M
$54.0M
Q2 24
$68.0M
$64.0M
Gross Margin
PAYC
PAYC
PK
PK
Q1 26
Q4 25
83.9%
Q3 25
82.7%
Q2 25
81.9%
Q1 25
84.1%
Q4 24
83.1%
Q3 24
80.5%
Q2 24
80.8%
Operating Margin
PAYC
PAYC
PK
PK
Q1 26
9.8%
Q4 25
28.9%
-26.1%
Q3 25
22.8%
9.7%
Q2 25
23.2%
9.7%
Q1 25
34.9%
1.1%
Q4 24
30.1%
13.3%
Q3 24
23.2%
14.6%
Q2 24
21.7%
17.6%
Net Margin
PAYC
PAYC
PK
PK
Q1 26
1.9%
Q4 25
20.9%
-32.6%
Q3 25
22.4%
-2.6%
Q2 25
18.5%
-0.7%
Q1 25
26.3%
-9.0%
Q4 24
23.0%
10.6%
Q3 24
16.2%
8.3%
Q2 24
15.5%
9.3%
EPS (diluted)
PAYC
PAYC
PK
PK
Q1 26
$0.05
Q4 25
$2.06
$-1.04
Q3 25
$1.96
$-0.08
Q2 25
$1.58
$-0.02
Q1 25
$2.48
$-0.29
Q4 24
$2.04
$0.32
Q3 24
$1.31
$0.26
Q2 24
$1.20
$0.30

Balance Sheet & Financial Strength

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

Metric
PAYC
PAYC
PK
PK
Cash + ST InvestmentsLiquidity on hand
$370.0M
$156.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$3.1B
Total Assets
$7.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAYC
PAYC
PK
PK
Q1 26
$156.0M
Q4 25
$370.0M
$232.0M
Q3 25
$375.0M
$278.0M
Q2 25
$532.2M
$319.0M
Q1 25
$520.8M
$233.0M
Q4 24
$402.0M
$402.0M
Q3 24
$325.8M
$480.0M
Q2 24
$346.5M
$449.0M
Total Debt
PAYC
PAYC
PK
PK
Q1 26
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$3.9B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
PAYC
PAYC
PK
PK
Q1 26
$3.1B
Q4 25
$1.7B
$3.1B
Q3 25
$1.7B
$3.4B
Q2 25
$1.8B
$3.4B
Q1 25
$1.7B
$3.5B
Q4 24
$1.6B
$3.6B
Q3 24
$1.5B
$3.8B
Q2 24
$1.4B
$3.8B
Total Assets
PAYC
PAYC
PK
PK
Q1 26
Q4 25
$7.6B
$7.7B
Q3 25
$4.2B
$8.8B
Q2 25
$4.0B
$8.9B
Q1 25
$4.6B
$8.9B
Q4 24
$5.9B
$9.2B
Q3 24
$3.5B
$9.2B
Q2 24
$4.3B
$9.2B
Debt / Equity
PAYC
PAYC
PK
PK
Q1 26
Q4 25
1.23×
Q3 25
1.14×
Q2 25
1.12×
Q1 25
1.11×
Q4 24
1.06×
Q3 24
1.03×
Q2 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
PAYC
PAYC
PK
PK
Operating Cash FlowLast quarter
$196.1M
Free Cash FlowOCF − Capex
$122.6M
FCF MarginFCF / Revenue
22.5%
Capex IntensityCapex / Revenue
13.5%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAYC
PAYC
PK
PK
Q1 26
Q4 25
$196.1M
$105.0M
Q3 25
$177.8M
$99.0M
Q2 25
$122.5M
$108.0M
Q1 25
$182.5M
$86.0M
Q4 24
$160.4M
$80.0M
Q3 24
$92.8M
$140.0M
Q2 24
$132.1M
$117.0M
Free Cash Flow
PAYC
PAYC
PK
PK
Q1 26
Q4 25
$122.6M
$-3.0M
Q3 25
$79.8M
$31.0M
Q2 25
$60.8M
$65.0M
Q1 25
$144.8M
$9.0M
Q4 24
$109.0M
$17.0M
Q3 24
$44.6M
$97.0M
Q2 24
$86.5M
$66.0M
FCF Margin
PAYC
PAYC
PK
PK
Q1 26
Q4 25
22.5%
-0.5%
Q3 25
16.2%
5.1%
Q2 25
12.6%
9.7%
Q1 25
27.3%
1.4%
Q4 24
22.1%
2.7%
Q3 24
9.9%
14.9%
Q2 24
19.8%
9.6%
Capex Intensity
PAYC
PAYC
PK
PK
Q1 26
Q4 25
13.5%
17.2%
Q3 25
19.9%
11.1%
Q2 25
12.8%
6.4%
Q1 25
7.1%
12.2%
Q4 24
10.4%
10.1%
Q3 24
10.7%
6.6%
Q2 24
10.4%
7.4%
Cash Conversion
PAYC
PAYC
PK
PK
Q1 26
Q4 25
1.72×
Q3 25
1.61×
Q2 25
1.37×
Q1 25
1.31×
Q4 24
1.41×
1.21×
Q3 24
1.27×
2.59×
Q2 24
1.94×
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

PK
PK

Comparable Hotel Revenues$617.0M98%
Other$13.0M2%

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