Buyback Radar
Company reports

Paycom Software

PAYC

Paycom Software has retired 25.3% of its shares since 2022, from 60,321,077 to 45,071,619.

25.3%retired since 2022
24.9%last 5 years
19.9%last 12 months
45Mshares today

At $251.64 a share, a market value of $11.3B. FCF yield 5.1%, P/E 23.3, trailing twelve months to June 2026.

Shares outstanding, 2014 to todaysplit adjusted, from SEC filings
a quarter gone 202660M shares, 202245M201520202025
2014, 53,848,0942026-07-28, 45,071,619
A share bought in 2014
1.2× more of Paycom Software today, without buying another share. It was one of 53,848,094 shares then. It is one of 45,071,619 now.
Every filing we read12 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20142015-01-3053,848,09410-K
20152016-02-0159,096,92510-K
20162017-02-0659,491,77010-K
20172018-02-0559,182,71510-K
20182019-02-0558,599,53110-K
20192020-02-0458,846,01110-K
20202021-02-0960,188,54110-K
20212022-02-0860,213,51910-K
20222023-02-0760,321,07710-K
20232024-02-0857,551,43710-K
20242025-02-1157,264,71810-K
20252026-02-1054,275,09710-K

Source: all 10-K filings of Paycom Software on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2023 to 2025cash flow statement against share count
$735Mspent on buybacks
6.0Mfewer shares outstanding
2.9%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $251.64.

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Paycom Software buybacks, answered

Is Paycom Software buying back its stock?

Yes. Paycom Software has 19.9% fewer shares outstanding than twelve months ago, 45,071,619 as of July 28, 2026. Over five years the share count is down 24.9%.

How many shares has Paycom Software bought back?

Net of every new share it issued, Paycom Software has 15.2 million fewer shares than at its 2022 peak. That is 25.3% of the company.

How many shares does Paycom Software have outstanding?

45,071,619 shares, as of July 28, 2026, from the cover page of its latest 10-Q. At the 2022 peak it had 60,321,077.

What do Paycom Software's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Paycom Software stock in 2022 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Paycom Software compare with other cannibal stocks?

Paycom Software ranks No. 327 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Pnc Financial Services Group (25.3%), Lennar (25.3%), Morningstar (25.2%), Werner Enterprises (24.9%).

Every answer is computed from Paycom Software's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Bill NygrenHarris Associates3,397,446 shares, $427.0M, Q2 2026
Terry SmithFundsmith100,763 shares, $12.7M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Paycom Software in depth on Cannibal Stocks.

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