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).
Total return — DOCU vs PAYC
growth of $100 · last 8yDOCU +11.3%PAYC +18.7%PAYC compounded faster
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 8It depends on what you're optimizing for:
ValuePAYC(lower P/E)
GrowthPAYC(faster 5Y revenue CAGR)
QualityPAYC(higher ROIC)
Metrics side by side
Valuation
| Metric | DOCU | PAYC |
|---|---|---|
| P/E ratio | 28.70 | 15.57● |
| Forward P/E | 11.67● | 12.36 |
| P/S ratio | 2.64● | 3.29 |
| P/B ratio | 4.77● | 8.50 |
| PEG ratio | — | 0.58 |
| EV / EBITDA | 12.82 | 8.95● |
| FCF yield | 12.90%● | 6.42% |
Profitability
| Metric | DOCU | PAYC |
|---|---|---|
| Gross margin | 79.40% | 79.74% |
| Operating margin | 10.64% | 28.30%● |
| Net margin | 9.59% | 22.44%● |
| ROE | 17.32% | 57.87%● |
| ROIC | 12.04% | 18.38%● |
Dividends
| Metric | DOCU | PAYC |
|---|---|---|
| Dividend yield | — | 1.11% |
| Payout ratio | — | 18.45% |
Growth (annualized)
| Metric | DOCU | PAYC |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
DocuSign P/E ratioPaycom Software P/E ratioDocuSign dividend yieldPaycom Software dividend yieldDocuSign ROEPaycom Software ROEDocuSign operating marginPaycom Software operating marginDocuSign revenue growthPaycom Software revenue growthDocuSign free cash flowPaycom Software free cash flow
DocuSign & Paycom Software 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 June 15, 2026.