DocuSign, Inc. (DOCU) vs Paycom Software, Inc. (PAYC)

PAYC leads on 8 of 13 compared metrics.

A side-by-side comparison of DocuSign, Inc. and Paycom Software, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DOCU vs PAYC

growth of $100 · last 8y
DOCU +11.3%PAYC +18.7%PAYC compounded faster
200400600800Start $1002020202220242026$111$119
DOCU PAYC

DOCU vs PAYC: by the numbers

  • DOCU is the larger company ($8.44B vs $7.35B market cap).
  • PAYC trades at the lower earnings multiple (15.57 vs 28.70 P/E).
  • PAYC converts more revenue to profit (22.44% vs 9.59% net margin).
  • PAYC grew revenue faster over the past five years (19.16% vs 15.12% CAGR).
  • PAYC pays a dividend (1.11% yield) while DOCU does not currently pay one.

Which is better, DOCU or PAYC?

Metric tally: DOCU 5 · PAYC 8

It depends on what you're optimizing for:

ValuePAYC(lower P/E)
GrowthPAYC(faster 5Y revenue CAGR)
QualityPAYC(higher ROIC)

Metrics side by side

Valuation

MetricDOCUPAYC
P/E ratio28.7015.57
Forward P/E11.6712.36
P/S ratio2.643.29
P/B ratio4.778.50
PEG ratio0.58
EV / EBITDA12.828.95
FCF yield12.90%6.42%

Profitability

MetricDOCUPAYC
Gross margin79.40%79.74%
Operating margin10.64%28.30%
Net margin9.59%22.44%
ROE17.32%57.87%
ROIC12.04%18.38%

Dividends

MetricDOCUPAYC
Dividend yield1.11%
Payout ratio18.45%

Growth (annualized)

MetricDOCUPAYC
Revenue CAGR (5Y)15.12%19.16%
EPS CAGR (5Y)26.70%
FCF CAGR (5Y)29.74%25.72%
Total return CAGR (5Y)-29.32%-16.24%

Frequently asked

Which is better, DOCU or PAYC?
It depends on your goal. value: PAYC (lower P/E); growth: PAYC (faster 5Y revenue CAGR); quality: PAYC (higher ROIC). Across all compared metrics, PAYC leads 8 to 5.
Is DOCU or PAYC cheaper?
On trailing earnings, PAYC is cheaper: DOCU trades at a 28.70 P/E and PAYC at 15.57.
Which has grown faster, DOCU or PAYC?
Over the past five years, PAYC grew revenue faster — DOCU at a 15.12% CAGR versus PAYC at 19.16%.
Does DOCU or PAYC pay a bigger dividend?
PAYC pays a dividend (1.11% yield) while DOCU does not currently pay one.
Is DOCU or PAYC more profitable?
PAYC runs the higher net margin — DOCU at 9.59% versus PAYC at 22.44%.
Which has been the better investment, DOCU or PAYC?
Over the past 5-year, PAYC delivered the higher annualized total return — DOCU at -29.32% versus PAYC at 12.62%. Past performance doesn't predict future results.

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 June 15, 2026.