Stock Analysis on Net
Stock Analysis on Net

Paycom Software Inc. (NYSE:PAYC)

この会社は アーカイブに移動しました! 財務データは2023年11月2日以降更新されていません。

デュポンの分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Paycom Software Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2023/09/30 23.85% = 8.79% × 2.71
2023/06/30 22.46% = 8.00% × 2.81
2023/03/31 23.14% = 7.28% × 3.18
2022/12/31 23.79% = 7.21% × 3.30
2022/09/30 23.24% = 7.55% × 3.08
2022/06/30 22.97% = 4.67% × 4.92
2022/03/31 22.13% = 4.10% × 5.40
2021/12/31 21.93% = 6.09% × 3.60
2021/09/30 20.80% = 4.07% × 5.11
2021/06/30 21.30% = 5.22% × 4.08
2021/03/31 19.46% = 4.26% × 4.57
2020/12/31 21.88% = 5.50% × 3.98
2020/09/30 26.01% = 6.62% × 3.93
2020/06/30 30.06% = 9.17% × 3.28
2020/03/31 32.73% = 8.50% × 3.85
2019/12/31 34.29% = 7.26% × 4.72
2019/09/30 35.08% = 10.47% × 3.35
2019/06/30 35.93% = 8.55% × 4.20
2019/03/31 35.93% = 6.94% × 5.18
2018/12/31 40.95% = 9.01% × 4.55
2018/09/30 — = — × 4.07
2018/06/30 — = — × 4.30
2018/03/31 — = — × 4.83

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期の株主資本利益率(ROE)が上昇した主な理由は、総資産利益率(ROA)で測定される収益性の向上です。

ROEを3つの要素に分解

Paycom Software Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2023/09/30 23.85% = 20.80% × 0.42 × 2.71
2023/06/30 22.46% = 20.28% × 0.39 × 2.81
2023/03/31 23.14% = 20.96% × 0.35 × 3.18
2022/12/31 23.79% = 20.46% × 0.35 × 3.30
2022/09/30 23.24% = 19.40% × 0.39 × 3.08
2022/06/30 22.97% = 18.85% × 0.25 × 4.92
2022/03/31 22.13% = 19.64% × 0.21 × 5.40
2021/12/31 21.93% = 18.57% × 0.33 × 3.60
2021/09/30 20.80% = 17.31% × 0.24 × 5.11
2021/06/30 21.30% = 18.11% × 0.29 × 4.08
2021/03/31 19.46% = 16.65% × 0.26 × 4.57
2020/12/31 21.88% = 17.05% × 0.32 × 3.98
2020/09/30 26.01% = 20.21% × 0.33 × 3.93
2020/06/30 30.06% = 22.23% × 0.41 × 3.28
2020/03/31 32.73% = 25.16% × 0.34 × 3.85
2019/12/31 34.29% = 24.48% × 0.30 × 4.72
2019/09/30 35.08% = 23.99% × 0.44 × 3.35
2019/06/30 35.93% = 23.93% × 0.36 × 4.20
2019/03/31 35.93% = 23.38% × 0.30 × 5.18
2018/12/31 40.95% = 24.20% × 0.37 × 4.55
2018/09/30 — = — × — × 4.07
2018/06/30 — = — × — × 4.30
2018/03/31 — = — × — × 4.83

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期の株主資本利益率(ROE)が増加した主な理由は、資産回転率で測定される効率性の向上です。

ROEを5つの要素に分解

Paycom Software Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2023/09/30 23.85% = 0.71 × 0.99 × 29.27% × 0.42 × 2.71
2023/06/30 22.46% = 0.71 × 0.99 × 28.96% × 0.39 × 2.81
2023/03/31 23.14% = 0.72 × 0.99 × 29.24% × 0.35 × 3.18
2022/12/31 23.79% = 0.72 × 0.99 × 28.51% × 0.35 × 3.30
2022/09/30 23.24% = 0.72 × 1.00 × 26.92% × 0.39 × 3.08
2022/06/30 22.97% = 0.73 × 1.00 × 25.95% × 0.25 × 4.92
2022/03/31 22.13% = 0.77 × 1.00 × 25.37% × 0.21 × 5.40
2021/12/31 21.93% = 0.77 × 1.00 × 24.25% × 0.33 × 3.60
2021/09/30 20.80% = 0.77 × 1.00 × 22.45% × 0.24 × 5.11
2021/06/30 21.30% = 0.79 × 1.00 × 22.89% × 0.29 × 4.08
2021/03/31 19.46% = 0.75 × 1.00 × 22.13% × 0.26 × 4.57
2020/12/31 21.88% = 0.77 × 1.00 × 22.10% × 0.32 × 3.98
2020/09/30 26.01% = 0.78 × 1.00 × 25.88% × 0.33 × 3.93
2020/06/30 30.06% = 0.78 × 1.00 × 28.66% × 0.41 × 3.28
2020/03/31 32.73% = 0.78 × 1.00 × 32.43% × 0.34 × 3.85
2019/12/31 34.29% = 0.80 × 1.00 × 30.78% × 0.30 × 4.72
2019/09/30 35.08% = 0.80 × 0.99 × 30.06% × 0.44 × 3.35
2019/06/30 35.93% = 0.81 × 0.99 × 29.85% × 0.36 × 4.20
2019/03/31 35.93% = 0.77 × 0.99 × 30.34% × 0.30 × 5.18
2018/12/31 40.95% = 0.78 × 1.00 × 30.98% × 0.37 × 4.55
2018/09/30 — = — × — × — × — × 4.07
2018/06/30 — = — × — × — × — × 4.30
2018/03/31 — = — × — × — × — × 4.83

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期の株主資本利益率(ROE)が増加した主な理由は、資産回転率で測定される効率性の向上です。

ROAを2つのコンポーネントに分解

Paycom Software Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2023/09/30 8.79% = 20.80% × 0.42
2023/06/30 8.00% = 20.28% × 0.39
2023/03/31 7.28% = 20.96% × 0.35
2022/12/31 7.21% = 20.46% × 0.35
2022/09/30 7.55% = 19.40% × 0.39
2022/06/30 4.67% = 18.85% × 0.25
2022/03/31 4.10% = 19.64% × 0.21
2021/12/31 6.09% = 18.57% × 0.33
2021/09/30 4.07% = 17.31% × 0.24
2021/06/30 5.22% = 18.11% × 0.29
2021/03/31 4.26% = 16.65% × 0.26
2020/12/31 5.50% = 17.05% × 0.32
2020/09/30 6.62% = 20.21% × 0.33
2020/06/30 9.17% = 22.23% × 0.41
2020/03/31 8.50% = 25.16% × 0.34
2019/12/31 7.26% = 24.48% × 0.30
2019/09/30 10.47% = 23.99% × 0.44
2019/06/30 8.55% = 23.93% × 0.36
2019/03/31 6.94% = 23.38% × 0.30
2018/12/31 9.01% = 24.20% × 0.37
2018/09/30 — = — × —
2018/06/30 — = — × —
2018/03/31 — = — × —

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期の総資産利益率(ROA)が上昇した主な理由は、資産回転率の上昇です。

ROAを4つの要素に分解

Paycom Software Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2023/09/30 8.79% = 0.71 × 0.99 × 29.27% × 0.42
2023/06/30 8.00% = 0.71 × 0.99 × 28.96% × 0.39
2023/03/31 7.28% = 0.72 × 0.99 × 29.24% × 0.35
2022/12/31 7.21% = 0.72 × 0.99 × 28.51% × 0.35
2022/09/30 7.55% = 0.72 × 1.00 × 26.92% × 0.39
2022/06/30 4.67% = 0.73 × 1.00 × 25.95% × 0.25
2022/03/31 4.10% = 0.77 × 1.00 × 25.37% × 0.21
2021/12/31 6.09% = 0.77 × 1.00 × 24.25% × 0.33
2021/09/30 4.07% = 0.77 × 1.00 × 22.45% × 0.24
2021/06/30 5.22% = 0.79 × 1.00 × 22.89% × 0.29
2021/03/31 4.26% = 0.75 × 1.00 × 22.13% × 0.26
2020/12/31 5.50% = 0.77 × 1.00 × 22.10% × 0.32
2020/09/30 6.62% = 0.78 × 1.00 × 25.88% × 0.33
2020/06/30 9.17% = 0.78 × 1.00 × 28.66% × 0.41
2020/03/31 8.50% = 0.78 × 1.00 × 32.43% × 0.34
2019/12/31 7.26% = 0.80 × 1.00 × 30.78% × 0.30
2019/09/30 10.47% = 0.80 × 0.99 × 30.06% × 0.44
2019/06/30 8.55% = 0.81 × 0.99 × 29.85% × 0.36
2019/03/31 6.94% = 0.77 × 0.99 × 30.34% × 0.30
2018/12/31 9.01% = 0.78 × 1.00 × 30.98% × 0.37
2018/09/30 — = — × — × — × —
2018/06/30 — = — × — × — × —
2018/03/31 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期に総資産利益率(ROA)が上昇した主な理由は、資産回転率で測定される効率性の向上です。

当期純利益率の分解

Paycom Software Inc.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2023/09/30 20.80% = 0.71 × 0.99 × 29.27%
2023/06/30 20.28% = 0.71 × 0.99 × 28.96%
2023/03/31 20.96% = 0.72 × 0.99 × 29.24%
2022/12/31 20.46% = 0.72 × 0.99 × 28.51%
2022/09/30 19.40% = 0.72 × 1.00 × 26.92%
2022/06/30 18.85% = 0.73 × 1.00 × 25.95%
2022/03/31 19.64% = 0.77 × 1.00 × 25.37%
2021/12/31 18.57% = 0.77 × 1.00 × 24.25%
2021/09/30 17.31% = 0.77 × 1.00 × 22.45%
2021/06/30 18.11% = 0.79 × 1.00 × 22.89%
2021/03/31 16.65% = 0.75 × 1.00 × 22.13%
2020/12/31 17.05% = 0.77 × 1.00 × 22.10%
2020/09/30 20.21% = 0.78 × 1.00 × 25.88%
2020/06/30 22.23% = 0.78 × 1.00 × 28.66%
2020/03/31 25.16% = 0.78 × 1.00 × 32.43%
2019/12/31 24.48% = 0.80 × 1.00 × 30.78%
2019/09/30 23.99% = 0.80 × 0.99 × 30.06%
2019/06/30 23.93% = 0.81 × 0.99 × 29.85%
2019/03/31 23.38% = 0.77 × 0.99 × 30.34%
2018/12/31 24.20% = 0.78 × 1.00 × 30.98%
2018/09/30 — = — × — × —
2018/06/30 — = — × — × —
2018/03/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31).

2023年第3 四半期の純利益率が上昇した主な理由は、税負担率で測定した税の影響の増加です。