Paycom Software (PAYC) vs Full Truck Alliance (YMM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Paycom Software (PAYC) has outperformed Full Truck Alliance (YMM) over the past year, gaining 9.8% versus a loss of 37.6%. Over five years, YMM leads with a -40.9% price change compared with -56.9% for PAYC. Paycom Software is the larger company by market cap ($10.08 billion vs $8.73 billion), about 1.2 times the size, while Full Truck Alliance is growing revenue faster (+16.0% vs +8.9%).
On valuation, Full Truck Alliance trades at a lower forward P/E (9.6x vs 16.0x for Paycom Software). Full Truck Alliance offers the higher dividend yield (21.71% vs 0.67%). Full Truck Alliance converts more of its revenue into profit, with a net margin of 35.7% versus 22.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PAYC | YMM |
|---|---|---|
| Share price | $223.58 | $8.35 |
| Market cap | $10.08B | $8.73B |
| 1-day change | +0.51% | -1.07% |
| YTD return | +40.30% | -22.18% |
| 1-year return | +9.75% | -37.64% |
| 5-year return | -56.90% | -40.95% |
| P/E ratio (TTM) | 23.53 | 14.65 |
| Forward P/E | 16.01 | 9.60 |
| EPS (TTM) | $9.50 | $0.57 |
| Dividend yield | 0.67% | 21.71% |
| Annual dividend | $1.50 | $1.81 |
| Revenue (latest FY) | $2.05B | $1.79B |
| Revenue growth (YoY) | +8.95% | +16.00% |
| Net income (latest FY) | $453.40M | $637.64M |
| Gross margin | 83.17% | 63.02% |
| Operating margin | 27.65% | 33.20% |
| Net margin | 22.10% | 35.70% |
| 52-week high | $244.98 | $13.40 |
| 52-week low | $104.90 | $7.46 |
| Distance from 52-week high | -8.74% | -37.69% |
| Analyst consensus | hold | buy |
| Avg. price target upside | -1.49% | +49.70% |
| Average volume | 790.24K | 6.63M |
| Shares outstanding | 45.07M | 932.51M |
| Employees | 5,770 | 8,251 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PAYC has outperformed YMM by 47.4 percentage points over the past year.
- Paycom Software trades at a higher earnings multiple (23.5x vs 14.6x trailing P/E).
- Full Truck Alliance offers a meaningfully higher dividend yield (21.71% vs 0.67%).
- Full Truck Alliance is more profitable, keeping 35.7 cents of every revenue dollar as net income versus 22.1 cents for Paycom Software.
- Full Truck Alliance grew revenue faster in its latest fiscal year (+16.00% vs +8.95%).
About Paycom Software
PAYC stock →Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.
Technology · Computer Software: Prepackaged Software · 5,770 employees
About Full Truck Alliance
YMM stock →Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People's Republic of China and Hong Kong.
Technology · Computer Software: Prepackaged Software · 8,251 employees
PAYC vs YMM FAQ
Which is bigger, Paycom Software or Full Truck Alliance?
Paycom Software (PAYC) is larger, with a market capitalization of $10.08B compared with $8.73B for Full Truck Alliance (YMM).
Which stock has performed better over the past year, PAYC or YMM?
PAYC returned +9.75% over the past 12 months, compared with -37.64% for YMM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PAYC or YMM?
YMM has the lower trailing P/E at 14.6, versus 23.5 for PAYC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Paycom Software or Full Truck Alliance?
Full Truck Alliance has the higher yield at 21.71%, compared with 0.67% for Paycom Software.
Are Paycom Software and Full Truck Alliance in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.