vs
Side-by-side financial comparison of Paylocity Holding Corp (PCTY) 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 ($629.0M vs $387.0M, roughly 1.6× Paylocity Holding Corp). Paylocity Holding Corp runs the higher net margin — 13.0% vs -32.6%, a 45.6% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 0.6%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-3.0M). Over the past eight quarters, Paylocity Holding Corp's revenue compounded faster (2.7% CAGR vs -0.8%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
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.
PCTY vs PK — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $387.0M | $629.0M |
| Net Profit | $50.2M | $-205.0M |
| Gross Margin | 72.9% | — |
| Operating Margin | 18.2% | -26.1% |
| Net Margin | 13.0% | -32.6% |
| Revenue YoY | 11.3% | 0.6% |
| Net Profit YoY | 34.0% | -410.6% |
| EPS (diluted) | $0.92 | $-1.04 |
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.
| Q4 25 | $387.0M | $629.0M | ||
| Q3 25 | $378.9M | $610.0M | ||
| Q2 25 | $369.9M | $672.0M | ||
| Q1 25 | $421.1M | $630.0M | ||
| Q4 24 | $347.7M | $625.0M | ||
| Q3 24 | $333.1M | $649.0M | ||
| Q2 24 | $324.7M | $686.0M | ||
| Q1 24 | $366.8M | $639.0M |
| Q4 25 | $50.2M | $-205.0M | ||
| Q3 25 | $48.0M | $-16.0M | ||
| Q2 25 | $48.6M | $-5.0M | ||
| Q1 25 | $91.5M | $-57.0M | ||
| Q4 24 | $37.5M | $66.0M | ||
| Q3 24 | $49.6M | $54.0M | ||
| Q2 24 | $48.8M | $64.0M | ||
| Q1 24 | $85.3M | $28.0M |
| Q4 25 | 72.9% | — | ||
| Q3 25 | 73.9% | — | ||
| Q2 25 | 73.5% | — | ||
| Q1 25 | 77.1% | — | ||
| Q4 24 | 72.6% | — | ||
| Q3 24 | 74.4% | — | ||
| Q2 24 | 74.0% | — | ||
| Q1 24 | 77.8% | — |
| Q4 25 | 18.2% | -26.1% | ||
| Q3 25 | 19.6% | 9.7% | ||
| Q2 25 | 17.9% | 9.7% | ||
| Q1 25 | 30.2% | 1.1% | ||
| Q4 24 | 13.4% | 13.3% | ||
| Q3 24 | 19.3% | 14.6% | ||
| Q2 24 | 19.4% | 17.6% | ||
| Q1 24 | 29.0% | 14.4% |
| Q4 25 | 13.0% | -32.6% | ||
| Q3 25 | 12.7% | -2.6% | ||
| Q2 25 | 13.1% | -0.7% | ||
| Q1 25 | 21.7% | -9.0% | ||
| Q4 24 | 10.8% | 10.6% | ||
| Q3 24 | 14.9% | 8.3% | ||
| Q2 24 | 15.0% | 9.3% | ||
| Q1 24 | 23.3% | 4.4% |
| Q4 25 | $0.92 | $-1.04 | ||
| Q3 25 | $0.86 | $-0.08 | ||
| Q2 25 | $0.87 | $-0.02 | ||
| Q1 25 | $1.61 | $-0.29 | ||
| Q4 24 | $0.66 | $0.32 | ||
| Q3 24 | $0.88 | $0.26 | ||
| Q2 24 | $0.85 | $0.30 | ||
| Q1 24 | $1.50 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $162.5M | $232.0M |
| Total DebtLower is stronger | $81.3M | $3.9B |
| Stockholders' EquityBook value | $1.1B | $3.1B |
| Total Assets | $7.0B | $7.7B |
| Debt / EquityLower = less leverage | 0.07× | 1.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $162.5M | $232.0M | ||
| Q3 25 | $165.2M | $278.0M | ||
| Q2 25 | $398.1M | $319.0M | ||
| Q1 25 | $477.8M | $233.0M | ||
| Q4 24 | $482.4M | $402.0M | ||
| Q3 24 | $778.5M | $480.0M | ||
| Q2 24 | $401.8M | $449.0M | ||
| Q1 24 | $492.7M | $378.0M |
| Q4 25 | $81.3M | $3.9B | ||
| Q3 25 | $81.3M | $3.9B | ||
| Q2 25 | $162.5M | $3.9B | ||
| Q1 25 | $243.8M | $3.9B | ||
| Q4 24 | $325.0M | $3.9B | ||
| Q3 24 | $325.0M | $3.9B | ||
| Q2 24 | $0 | $3.9B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | $1.1B | $3.1B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.2B | $3.4B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.2B | $3.6B | ||
| Q3 24 | $1.1B | $3.8B | ||
| Q2 24 | $1.0B | $3.8B | ||
| Q1 24 | $1.1B | $3.8B |
| Q4 25 | $7.0B | $7.7B | ||
| Q3 25 | $4.2B | $8.8B | ||
| Q2 25 | $4.4B | $8.9B | ||
| Q1 25 | $5.2B | $8.9B | ||
| Q4 24 | $5.3B | $9.2B | ||
| Q3 24 | $4.0B | $9.2B | ||
| Q2 24 | $4.2B | $9.2B | ||
| Q1 24 | $5.0B | $9.1B |
| Q4 25 | 0.07× | 1.23× | ||
| Q3 25 | 0.07× | 1.14× | ||
| Q2 25 | 0.13× | 1.12× | ||
| Q1 25 | 0.20× | 1.11× | ||
| Q4 24 | 0.28× | 1.06× | ||
| Q3 24 | 0.29× | 1.03× | ||
| Q2 24 | 0.00× | 1.03× | ||
| Q1 24 | — | 1.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $117.0M | $105.0M |
| Free Cash FlowOCF − Capex | $113.6M | $-3.0M |
| FCF MarginFCF / Revenue | 29.4% | -0.5% |
| Capex IntensityCapex / Revenue | 0.9% | 17.2% |
| Cash ConversionOCF / Net Profit | 2.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | $102.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.0M | $105.0M | ||
| Q3 25 | $86.5M | $99.0M | ||
| Q2 25 | $86.6M | $108.0M | ||
| Q1 25 | $186.0M | $86.0M | ||
| Q4 24 | $54.2M | $80.0M | ||
| Q3 24 | $91.5M | $140.0M | ||
| Q2 24 | $79.9M | $117.0M | ||
| Q1 24 | $167.5M | $92.0M |
| Q4 25 | $113.6M | $-3.0M | ||
| Q3 25 | $82.7M | $31.0M | ||
| Q2 25 | $81.1M | $65.0M | ||
| Q1 25 | $183.7M | $9.0M | ||
| Q4 24 | $51.2M | $17.0M | ||
| Q3 24 | $89.1M | $97.0M | ||
| Q2 24 | $73.6M | $66.0M | ||
| Q1 24 | $162.0M | $22.0M |
| Q4 25 | 29.4% | -0.5% | ||
| Q3 25 | 21.8% | 5.1% | ||
| Q2 25 | 21.9% | 9.7% | ||
| Q1 25 | 43.6% | 1.4% | ||
| Q4 24 | 14.7% | 2.7% | ||
| Q3 24 | 26.8% | 14.9% | ||
| Q2 24 | 22.7% | 9.6% | ||
| Q1 24 | 44.2% | 3.4% |
| Q4 25 | 0.9% | 17.2% | ||
| Q3 25 | 1.0% | 11.1% | ||
| Q2 25 | 1.5% | 6.4% | ||
| Q1 25 | 0.5% | 12.2% | ||
| Q4 24 | 0.9% | 10.1% | ||
| Q3 24 | 0.7% | 6.6% | ||
| Q2 24 | 1.9% | 7.4% | ||
| Q1 24 | 1.5% | 11.0% |
| Q4 25 | 2.33× | — | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 1.78× | — | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | 1.45× | 1.21× | ||
| Q3 24 | 1.84× | 2.59× | ||
| Q2 24 | 1.64× | 1.83× | ||
| Q1 24 | 1.96× | 3.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
PK
| Occupancy | $371.0M | 59% |
| Food And Beverage | $173.0M | 28% |
| Ancillary Hotel | $61.0M | 10% |
| Hotel Other | $24.0M | 4% |
