Paycom Software Return On Tangible Equity 2012-2024 | PAYC
- Paycom Software average return on tangible equity for 2023 was 27.93, a 2.31% increase from 2022.
- Paycom Software average return on tangible equity for 2022 was 28.59, a 10.99% decline from 2021.
- Paycom Software average return on tangible equity for 2021 was 25.76, a 23.31% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.