Commerce Platform: Intuit, Toast, Shopify, Block's Square and Shift4 Payments. Cloud-Based Payroll: Paycom Software, Paylocity and Dayforce. Legacy Payments: Global Payments, Fiserv and PayPal. Legacy Payroll: ADP and Paychex. NTM P/E is market cap weighted. Growth is aggregate compound annual revenue growth from 2019-2024.
Chart: by Bob's Payment Stock Substack Source: Koyfin Created with Datawrapper