Paycor HCM (Paycor HCM) EBIT : $-71.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Paycor HCM EBIT?

Paycor HCM's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $8.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-71.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paycor HCM's annualized ROC % for the quarter that ended in Mar. 2024 was 0.92%. Paycor HCM's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 40.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paycor HCM's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.41%.

Paycor HCM EBIT Historical Data

The historical data trend for Paycor HCM's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paycor HCM EBIT Chart

Paycor HCM Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

-85.71

-90.75

-138.05

-100.03

Paycor HCM Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial												-6.03	-29.55	-22.44	-27.92	8.59

Competitive Comparison of Paycor HCM's EBIT

For the Software - Application subindustry, Paycor HCM's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Paycor HCM's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Paycor HCM's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Paycor HCM's EV-to-EBIT falls into.

Paycor HCM EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71.3 Mil.

Paycor HCM (NAS:PYCR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Paycor HCM's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	29.824 * ( 1 - 16.79% )	/	( (2644.174	+	2733.404)	/ 2 )
=	24.8165504	/	2688.789
=	0.92 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2793.214	-	87.321	-	( 61.719	-	max(0, 1426.474	-	1517.285	+	61.719	))
=	2644.174

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2905.349	-	81.847	-	( 90.098	-	max(0, 1516.023	-	1644.233	+	90.098	))
=	2733.404

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Paycor HCM's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	34.356	/	( ( (52.239 + max(29.092, 0))	+	(50.748 + max(38.112, 0)) )	/	2 )
=	34.356	/	( ( 81.331	+	88.86 )	/	2 )
=	34.356	/	85.0955
=	40.37 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(44.945	+	0	+	1410.621)	-	(87.321	+	13.361	+	1325.792)
=	29.092

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(43.989	+	0	+	1510.146)	-	(81.847	+	14.017	+	1420.159)
=	38.112

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Paycor HCM's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-71.321	/	2090.946
	=	-3.41 %

Paycor HCM EBIT Related Terms

Thank you for viewing the detailed overview of Paycor HCM's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Paycor HCM (Paycor HCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycor HCM Inc (NAS:PYCR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4811 Montgomery Road, Cincinnati, OH, USA, 45212

Website

https://www.paycor.com

Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm's platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,000 customers as of June 2023.

Executives

Alice L Geene	officer: See Remarks	500 W MADISON ST STE 1000, CHICAGO IL 60661
Jonathan Corr	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Pride Aggregator, Lp	10 percent owner	PRIDE GP, INC., C/O APAX PARTNERS, LP, 601 LEXINGTON AVE., 53RD FLOOR, NEW YORK NY 10022
Adam Brooks Ante	officer: Chief Financial Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Scott David Miller	director	3576 SAINT CHARLES PLACE, CINCINNATI OH 45208
Whitney Marilinn Bouck	director	4811 MONTGOMERY RD., CINCINNATI OH 45212
Pride Gp, Inc.	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Jeremy Rishel	director	234 1ST STREET, SAN FRANCISCO CA 94105
Ryan Norman Bergstrom	officer: Chief Product Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Raul Jr. Villar	director, officer: Chief Executive Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Sarah Kathryn Haines	officer: Chief Accounting Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Charles Steven Mueller	officer: Chief Revenue Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Kathleen Ann Burke	director	4811 MONTGOMERY ROAD, CINCINNATI OH 45212
Umang Kajaria	director	C/O DUCK CREEK TECHNOLOGIES, INC., 22 BOSTON WHARF ROAD, FLOOR 10, BOSTON MA 02210