AppFolio Inc. (APPF) vs Paylocity Holding Corporation (PCTY)
A side-by-side comparison of AppFolio Inc. and Paylocity Holding Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
APPF
AppFolio Inc.
$232.06TechnologyDelayed quote: Aug 27, 2026, 4:00 PM EDT
PCTY
Paylocity Holding Corporation
$158.15TechnologyDelayed quote: Aug 27, 2026, 4:00 PM EDT
Total return — APPF vs PCTY
growth of $100 · dividends reinvested · last 10yAPPF +1116.8% (+28.4%/yr)PCTY +234.6% (+12.8%/yr)APPF compounded faster over this window
APPF PCTY
APPF vs PCTY: by the numbers
- •PCTY is the larger company ($8.47B vs $8.29B market cap).
- •PCTY trades at the lower trailing earnings multiple (30.90 vs 52.98 P/E), one valuation lens rather than an overall verdict.
- •APPF grew revenue faster over the past five years (26.26% vs 22.75% CAGR).
Metrics side by side
Valuation
| Metric | APPF | PCTY |
|---|---|---|
| P/E ratio | 52.98 | 30.90 |
| Forward P/E | 33.63 | 18.77 |
| P/S ratio | 7.94 | 4.70 |
| P/B ratio | 15.72 | 6.82 |
| EV / EBITDA | 39.75 | 16.43 |
| FCF yield | 3.25% | 5.38% |
Profitability
| Metric | APPF | PCTY |
|---|---|---|
| Gross margin | 63.04% | 69.19% |
| Operating margin | 17.52% | 21.79% |
| Net margin | 15.13% | 15.23% |
| ROE | 29.94% | 22.08% |
| ROIC | 26.85% | 18.36% |
Growth (annualized)
| Metric | APPF | PCTY |
|---|---|---|
| Revenue CAGR (5Y) | 26.26% | 22.75% |
| EPS CAGR (5Y) | -3.28% | 30.87% |
| FCF CAGR (5Y) | 72.35% | 38.86% |
| Total return CAGR (5Y) | 13.66% | -9.96% |
Frequently asked
- Which has the lower trailing P/E, APPF or PCTY?
- PCTY has the lower trailing P/E: APPF trades at 52.98 and PCTY at 30.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APPF or PCTY?
- Over the past five years, APPF grew revenue faster — APPF at a 26.26% CAGR versus PCTY at 22.75%.
- How have APPF and PCTY total returns compared?
- Over the past 10 years, APPF delivered 28.77% and PCTY delivered 12.84% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppFolio P/E ratioPaylocity P/E ratioAppFolio ROEPaylocity ROEAppFolio operating marginPaylocity operating marginAppFolio revenue growthPaylocity revenue growthAppFolio free cash flowPaylocity free cash flow
AppFolio & Paylocity appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.