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Apr 29, 2026·SEC
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Automatic Data Processing, Inc.(ADP)Earnings, Financials & Key Ratios
ADP•NASDAQ
$210.60
$84.8B mkt cap·21.1× P/E·Price updated May 6, 2026
AboutAutomatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.Show more
- Revenue$20.56B+7.1%
- EBITDA$5.9B+7.1%
- Net Income$4.08B+8.7%
- EPS (Diluted)9.98+9.7%
- Gross Margin50.84%+1.8%
- EBITDA Margin28.68%
- Operating Margin26.32%+2.3%
- Net Margin19.84%+1.6%
- ROE76%-18.4%
- ROIC47.07%-35.2%
- Debt/Equity1.46+79.8%
- Interest Coverage12.63-11.8%
ADP Key Insights
Automatic Data Processing, Inc. (ADP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 37 years of consecutive increases
- ✓Excellent 3Y average ROE of 90.2%
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 23.2% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 2.8%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 13.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ADP Price & Volume
Automatic Data Processing, Inc. (ADP) stock price & volume — 10-year historical chart
Loading chart...
ADP Growth Metrics
Automatic Data Processing, Inc. (ADP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.51%
5 Years7.1%
3 Years7.61%
TTM6.92%
Profit CAGR
10 Years10.88%
5 Years10.59%
3 Years11.43%
TTM8.68%
EPS CAGR
10 Years13.2%
5 Years11.85%
3 Years12.55%
TTM9.71%
Return on Capital
10 Years40.31%
5 Years47.55%
3 Years54.37%
Last Year50.64%
ADP Recent Earnings
Automatic Data Processing, Inc. (ADP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
Apr 29, 2026EPS
$3.37
Est $3.30
+2.1%
Revenue
$5.9B
Est $5.9B
+1.5%
Q1 2026
Jan 28, 2026EPS
$2.62
Est $2.57
+1.9%
Revenue
$5.4B
Est $5.3B
+0.4%
Q4 2025
Oct 29, 2025EPS
$2.49
Est $2.44
+2.0%
Revenue
$5.2B
Est $5.1B
+0.8%
Q3 2025
Jul 30, 2025EPS
$2.26
Est $2.23
+1.3%
Revenue
$5.1B
Est $5.0B
+1.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $3.37vs $3.30+2.1% | $5.9Bvs $5.9B+1.5% |
| Q1 2026 | Jan 28, 2026 | $2.62vs $2.57+1.9% | $5.4Bvs $5.3B+0.4% |
| Q4 2025 | Oct 29, 2025 | $2.49vs $2.44+2.0% | $5.2Bvs $5.1B+0.8% |
| Q3 2025 | Jul 30, 2025 | $2.26vs $2.23+1.3% | $5.1Bvs $5.0B+1.6% |
Based on last 12 quarters of dataView full earnings history →
ADP Peer Comparison
Automatic Data Processing, Inc. (ADP) competitors in Payroll, PEO and HCM Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PAYX | 33.33B | 92.85 | 20.27 | 5.56% | 26.45% | 41.13% | 5.28% | 1.22 |
 G | 5.79B | 34.08 | 10.89 | 6.56% | 10.88% | 21.81% | 12.7% | 0.69 |
 PAYC | 7.36B | 131.68 | 14.76 | 11.19% | 22.65% | 26.51% | 4.63% | 0.05 |
 PCTY | 5.8B | 107.68 | 26.79 | 13.74% | 14.19% | 21.69% | 5.91% | 0.18 |
 WEX | 5.1B | 147.23 | 17.38 | 1.24% | 11.5% | 26.96% | 6.15% | 3.94 |
 HUBS | 12.67B | 246.08 | 286.14 | 19.17% | 1.47% | 2.3% | 5.59% | 0.23 |
 INTU | 111.18B | 398.32 | 29.14 | 15.63% | 21.57% | 22.78% | 5.47% | 0.34 |
 TNET | 1.96B | 42.40 | 13.42 | -0.85% | 3.22% | 179.66% | 15.65% | 18.13 |
Compare ADP vs Peers
Automatic Data Processing, Inc. (ADP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ADP Income Statement
Automatic Data Processing, Inc. (ADP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 12.38B | 13.33B | 14.18B | 14.59B | 15.01B | 16.5B | 18.01B | 19.2B | 20.56B | 21.6B |
| Revenue Growth % | 6.1% | 7.66% | 6.36% | 2.92% | 2.85% | 9.95% | 9.18% | 6.61% | 7.07% | 6.92% |
| Cost of Goods Sold | 6.73B | 7.28B | 7.55B | 7.88B | 8.03B | 8.77B | 9.21B | 9.61B | 10.11B | 11.35B |
| COGS % of Revenue | 54.38% | 54.61% | 53.3% | 54.04% | 53.52% | 53.14% | 51.11% | 50.06% | 49.16% | - |
| Gross Profit | 5.65B▲ 0% | 6.05B▲ 7.1% | 6.62B▲ 9.4% | 6.71B▲ 1.3% | 6.97B▲ 4.0% | 7.73B▲ 10.8% | 8.81B▲ 13.9% | 9.59B▲ 8.9% | 10.45B▲ 9.0% | 10.26B▲ 0% |
| Gross Margin % | 45.62% | 45.39% | 46.7% | 45.96% | 46.48% | 46.86% | 48.89% | 49.94% | 50.84% | 47.48% |
| Gross Profit Growth % | 5.48% | 7.11% | 9.44% | 1.29% | 4% | 10.85% | 13.9% | 8.92% | 8.98% | - |
| Operating Expenses | 3.23B | 3.47B | 3.62B | 3.56B | 3.65B | 3.93B | 4.3B | 4.65B | 5.04B | 6.11B |
| OpEx % of Revenue | 26.09% | 26.05% | 25.51% | 24.43% | 24.32% | 23.8% | 23.87% | 24.2% | 24.51% | - |
| Selling, General & Admin | 2.6B | 2.84B | 2.98B | 2.89B | 2.93B | 3.13B | 3.45B | 3.69B | 4.05B | 4.26B |
| SG&A % of Revenue | 21.02% | 21.28% | 21.02% | 19.81% | 19.55% | 18.96% | 19.18% | 19.23% | 19.71% | - |
| Research & Development | 627.5M | 635.4M | 636.3M | 674.1M | 716.6M | 798.6M | 844.8M | 955.7M | 988.6M | 778.3M |
| R&D % of Revenue | 5.07% | 4.77% | 4.49% | 4.62% | 4.78% | 4.84% | 4.69% | 4.98% | 4.81% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.42B▲ 0% | 2.58B▲ 6.6% | 3B▲ 16.6% | 3.14B▲ 4.6% | 3.32B▲ 5.8% | 3.8B▲ 14.4% | 4.51B▲ 18.5% | 4.94B▲ 9.7% | 5.41B▲ 9.5% | 4.15B▲ 0% |
| Operating Margin % | 19.53% | 19.34% | 21.2% | 21.53% | 22.16% | 23.05% | 25.02% | 25.74% | 26.32% | 19.2% |
| Operating Income Growth % | 7.57% | 6.6% | 16.55% | 4.56% | 5.82% | 14.4% | 18.48% | 9.69% | 9.49% | - |
| EBITDA | 2.73B | 2.96B | 3.41B | 3.62B | 3.84B | 4.32B | 5.06B | 5.5B | 5.9B | 4.64B |
| EBITDA Margin % | 22.09% | 22.18% | 24.08% | 24.82% | 25.56% | 26.17% | 28.07% | 28.67% | 28.68% | 21.47% |
| EBITDA Growth % | 7.79% | 8.09% | 15.5% | 6.1% | 5.9% | 12.59% | 17.07% | 8.89% | 7.14% | -21.07% |
| D&A (Non-Cash Add-back) | 316.1M | 377.6M | 409M | 480M | 510.7M | 515.1M | 549.3M | 561.9M | 486M | 489.8M |
| EBIT | 2.61B | 2.39B | 3.14B | 3.29B | 3.42B | 3.89B | 4.7B | 5.24B | 5.76B | 6.02B |
| Net Interest Income | -3.3M | -19.2M | -32.3M | -22.6M | -23.2M | -45.3M | -108.2M | -124.5M | -136.4M | -97.1M |
| Interest Income | 76.7M | 83.5M | 97.6M | 84.5M | 36.5M | 41M | 149.5M | 241.3M | 319.5M | 354.8M |
| Interest Expense | 80M | 102.7M | 129.9M | 107.1M | 59.7M | 86.3M | 257.7M | 365.8M | 455.9M | 451.9M |
| Other Income/Expense | 112.8M | -295.3M | 1M | 40.9M | 36.6M | 900K | -68.6M | -70.7M | -101.8M | 1.52B |
| Pretax Income | 2.53B▲ 0% | 2.17B▼ 14.2% | 3.01B▲ 38.4% | 3.18B▲ 5.9% | 3.36B▲ 5.6% | 3.8B▲ 13.2% | 4.44B▲ 16.7% | 4.87B▲ 9.8% | 5.31B▲ 9.0% | 5.66B▲ 0% |
| Pretax Margin % | 20.45% | 16.29% | 21.2% | 21.81% | 22.4% | 23.06% | 24.64% | 25.37% | 25.83% | 26.22% |
| Income Tax | 797.7M | 550.3M | 712.8M | 716.1M | 762.7M | 855.2M | 1.03B | 1.12B | 1.23B | 1.32B |
| Effective Tax Rate % | 31.52% | 25.35% | 23.72% | 22.5% | 22.69% | 22.48% | 23.11% | 22.99% | 23.17% | 23.27% |
| Net Income | 1.73B▲ 0% | 1.62B▼ 6.5% | 2.29B▲ 41.5% | 2.47B▲ 7.6% | 2.6B▲ 5.4% | 2.95B▲ 13.5% | 3.41B▲ 15.7% | 3.75B▲ 10.0% | 4.08B▲ 8.7% | 4.35B▲ 0% |
| Net Margin % | 14% | 12.16% | 16.17% | 16.91% | 17.32% | 17.87% | 18.94% | 19.54% | 19.84% | 20.12% |
| Net Income Growth % | 16.14% | -6.5% | 41.46% | 7.58% | 5.35% | 13.48% | 15.7% | 9.96% | 8.73% | 8.68% |
| Net Income (Continuing) | 1.73B | 1.88B | 2.29B | 2.47B | 2.6B | 2.95B | 3.41B | 3.75B | 4.08B | 4.35B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.85▲ 0% | 4.25▲ 10.4% | 5.24▲ 23.3% | 5.70▲ 8.8% | 6.07▲ 6.5% | 7.00▲ 15.3% | 8.21▲ 17.3% | 9.10▲ 10.8% | 9.98▲ 9.7% | 10.80▲ 0% |
| EPS Growth % | 18.5% | 10.39% | 23.29% | 8.78% | 6.49% | 15.32% | 17.29% | 10.84% | 9.67% | 9.71% |
| EPS (Basic) | 3.87 | 4.28 | 5.27 | 5.73 | 6.10 | 7.04 | 8.25 | 9.14 | 10.02 | - |
| Diluted Shares Outstanding | 450.3M | 443.3M | 437.6M | 432.7M | 428.1M | 421.1M | 415.7M | 412.2M | 408.7M | 402.3M |
| Basic Shares Outstanding | 447.8M | 440.6M | 435M | 430.8M | 426.3M | 418.8M | 413.7M | 410.6M | 407.1M | 401.1M |
| Dividend Payout Ratio | 57.41% | 65.63% | 56.39% | 59.62% | 60.63% | 56.26% | 55.79% | 58.18% | 58.8% | - |
ADP Balance Sheet
Automatic Data Processing, Inc. (ADP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 32.66B | 31.82B | 34.34B | 31.56B | 40.74B | 54.8B | 42.17B | 45.54B | 43.25B | 54.23B |
| Cash & Short-Term Investments | 2.78B | 2.17B | 1.96B | 1.91B | 2.58B | 1.48B | 2.1B | 3.3B | 7.85B | 3.23B |
| Cash Only | 2.78B | 2.17B | 1.95B | 1.91B | 2.58B | 1.44B | 2.08B | 2.91B | 3.35B | 3.23B |
| Short-Term Investments | 3.2M | 0 | 10.5M | 0 | 0 | 47M | 14.7M | 384M | 4.5B | 0 |
| Accounts Receivable | 1.7B | 1.98B | 2.44B | 2.44B | 2.73B | 3.17B | 3.01B | 3.43B | 3.58B | 3.57B |
| Days Sales Outstanding | 50.23 | 54.34 | 62.81 | 61.08 | 66.34 | 70.14 | 60.99 | 65.16 | 63.54 | 59.23 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 28.17B | 27.67B | 29.94B | 27.21B | 35.44B | 50.15B | 37.06B | 38.82B | 31.83B | 47.44B |
| Total Non-Current Assets | 4.52B | 5.04B | 7.55B | 7.6B | 8.03B | 8.26B | 8.8B | 8.82B | 10.12B | 10.25B |
| Property, Plant & Equipment | 779.9M | 793.7M | 764.2M | 1.2B | 1.15B | 1.1B | 1.08B | 1.06B | 1.03B | 622.7M |
| Fixed Asset Turnover | 15.87x | 16.79x | 18.55x | 12.18x | 13.09x | 14.95x | 16.62x | 18.18x | 19.97x | 23.23x |
| Goodwill | 1.74B | 2.24B | 2.32B | 2.31B | 2.34B | 2.3B | 2.34B | 2.35B | 3.27B | 3.29B |
| Intangible Assets | 620.2M | 886.4M | 1.07B | 1.22B | 1.21B | 1.33B | 1.34B | 1.34B | 1.6B | 1.64B |
| Long-Term Investments | -2.52B | -81.8M | -659.9M | -731.9M | -482.9M | 122.1M | 104.6M | 7.3M | 4.4M | 4.4M |
| Other Non-Current Assets | 3.74B | 1.09B | 3.39B | 2.88B | 3.34B | 3.34B | 3.86B | 4.07B | 4.21B | 17.33B |
| Total Assets | 37.18B▲ 0% | 38.85B▲ 4.5% | 41.89B▲ 7.8% | 39.17B▼ 6.5% | 48.77B▲ 24.5% | 63.07B▲ 29.3% | 50.97B▼ 19.2% | 54.36B▲ 6.7% | 53.37B▼ 1.8% | 64.48B▲ 0% |
| Asset Turnover | 0.33x | 0.34x | 0.34x | 0.37x | 0.31x | 0.26x | 0.35x | 0.35x | 0.39x | 0.34x |
| Asset Growth % | -14.86% | 4.49% | 7.82% | -6.5% | 24.53% | 29.31% | -19.18% | 6.65% | -1.83% | 54.17% |
| Total Current Liabilities | 29.82B | 30.41B | 32.63B | 30.13B | 38.09B | 55.16B | 42.77B | 45.08B | 41.28B | 52.02B |
| Accounts Payable | 149.7M | 135.4M | 125.5M | 102M | 141.1M | 110.2M | 96.8M | 100.6M | 169.1M | 136.1M |
| Days Payables Outstanding | 8.12 | 6.79 | 6.06 | 4.72 | 6.41 | 4.59 | 3.84 | 3.82 | 6.11 | 4.64 |
| Short-Term Debt | 0 | 0 | 262M | 1B | 23.5M | 136.4M | 105.4M | 385.4M | 4.77B | 0 |
| Deferred Revenue (Current) | 232.9M | 226.5M | 220.7M | 212.5M | 203.9M | 188.2M | 188.6M | 199.8M | 262.8M | 1.05B |
| Other Current Liabilities | 28.82B | 29.34B | 31.24B | 28.21B | 34.4B | 53.82B | 41.39B | 43.42B | 31.38B | 47.15B |
| Current Ratio | 1.10x | 1.05x | 1.05x | 1.05x | 1.07x | 0.99x | 0.99x | 1.01x | 1.05x | 1.05x |
| Quick Ratio | 1.10x | 1.05x | 1.05x | 1.05x | 1.07x | 0.99x | 0.99x | 1.01x | 1.05x | 1.05x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 54.59 |
| Total Non-Current Liabilities | 3.39B | 3.7B | 3.86B | 3.29B | 5.01B | 4.68B | 4.69B | 4.74B | 5.9B | 6.11B |
| Long-Term Debt | 2B | 2B | 2B | 1B | 2.98B | 2.99B | 2.99B | 2.99B | 3.97B | 3.98B |
| Capital Lease Obligations | 0 | 0 | 0 | 344.4M | 343.2M | 370.9M | 349.9M | 328.6M | 321.2M | 1.01B |
| Deferred Tax Liabilities | 163.1M | 522M | 659.9M | 731.9M | 482.9M | 67M | 73.6M | 64.3M | 163.6M | 1.13B |
| Other Non-Current Liabilities | 830.2M | 728M | 798.7M | 837M | 834.1M | 924.2M | 933.7M | 990.8M | 1.06B | 4.56B |
| Total Liabilities | 33.2B | 34.11B | 36.49B | 33.41B | 43.1B | 59.84B | 47.46B | 49.82B | 47.18B | 58.13B |
| Total Debt | 2B | 2B | 2.26B | 2.35B | 3.35B | 3.49B | 3.44B | 3.71B | 9.07B | 3.98B |
| Net Debt | -778M | -167.6M | 315M | 440.5M | 776.5M | 2.06B | 1.36B | 791.9M | 5.72B | 748.9M |
| Debt / Equity | 0.50x | 0.42x | 0.42x | 0.41x | 0.59x | 1.08x | 0.98x | 0.81x | 1.46x | 1.46x |
| Debt / EBITDA | 0.73x | 0.68x | 0.66x | 0.65x | 0.87x | 0.81x | 0.68x | 0.67x | 1.54x | 0.86x |
| Net Debt / EBITDA | -0.28x | -0.06x | 0.09x | 0.12x | 0.20x | 0.48x | 0.27x | 0.14x | 0.97x | 0.97x |
| Interest Coverage | 32.64x | 23.23x | 24.14x | 30.72x | 57.30x | 45.08x | 18.22x | 14.32x | 12.63x | 13.33x |
| Total Equity | 3.98B▲ 0% | 4.74B▲ 19.1% | 5.4B▲ 14.0% | 5.75B▲ 6.5% | 5.67B▼ 1.4% | 3.23B▼ 43.1% | 3.51B▲ 8.8% | 4.55B▲ 29.6% | 6.19B▲ 36.1% | 6.35B▲ 0% |
| Equity Growth % | -11.26% | 19.08% | 14.02% | 6.52% | -1.43% | -43.12% | 8.8% | 29.59% | 36.07% | 89.58% |
| Book Value per Share | 8.83 | 10.68 | 12.34 | 13.29 | 13.24 | 7.66 | 8.44 | 11.03 | 15.14 | 15.78 |
| Total Shareholders' Equity | 3.98B | 3.46B | 5.4B | 5.75B | 5.67B | 3.23B | 3.51B | 4.55B | 6.19B | 6.35B |
| Common Stock | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M | 63.9M |
| Retained Earnings | 14.73B | 15.27B | 17.5B | 18.44B | 19.45B | 20.7B | 22.12B | 23.62B | 25.24B | 26.67B |
| Treasury Stock | -11.3B | -12.21B | -13.09B | -14.07B | -15.39B | -17.34B | -18.47B | -19.74B | -21.02B | -22.54B |
| Accumulated OCI | -379.2M | -680.8M | -257.3M | -14.8M | 10.6M | -1.99B | -2.31B | -1.81B | -883.4M | -853.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ADP Cash Flow Statement
Automatic Data Processing, Inc. (ADP) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.13B | 2.52B | 2.69B | 3.03B | 3.09B | 3.1B | 4.21B | 4.16B | 4.94B | 4.94B |
| Operating CF Margin % | 17.17% | 18.87% | 18.96% | 20.74% | 20.61% | 18.79% | 23.36% | 21.65% | 24.02% | - |
| Operating CF Growth % | 14.3% | 18.31% | 6.88% | 12.57% | 2.22% | 0.2% | 35.75% | -1.19% | 18.81% | 33.73% |
| Net Income | 1.73B | 1.62B | 2.29B | 2.47B | 2.6B | 2.95B | 3.41B | 3.75B | 4.08B | 4.35B |
| Depreciation & Amortization | 316.1M | 377.6M | 409M | 480M | 510.7M | 515.1M | 549.3M | 561.9M | 486M | 815.7M |
| Stock-Based Compensation | 138.9M | 175.4M | 167.3M | 130.8M | 175.3M | 201.7M | 220.4M | 243.5M | 266.1M | 182.9M |
| Deferred Taxes | 10M | 500K | 9.3M | 26M | -251.1M | 36.6M | -80.1M | -37.4M | 37M | 193.2M |
| Other Non-Cash Items | 25.8M | 433.4M | 1.02B | 1.04B | 997.3M | 1.04B | 1.04B | 1.05B | 1.22B | 973.6M |
| Working Capital Changes | -98.3M | -92.5M | -1.21B | -1.12B | -937.4M | -1.64B | -938.7M | -1.42B | -1.15B | -1.06B |
| Change in Receivables | 23.4M | -291.8M | -473.9M | -113.8M | -339.8M | -486.5M | 129.2M | -483.7M | -146.6M | -41.3M |
| Change in Inventory | 159M | 107.7M | 266M | -77.5M | 0 | 0 | -938.7M | 0 | 0 | 0 |
| Change in Payables | -11.6M | -1.9M | -10.7M | -18.3M | 36.9M | -16.4M | -11.8M | 1.8M | 60.6M | -14.4M |
| Cash from Investing | 5.73B | -2.5B | -2.2B | 3.16B | -3.52B | -7.01B | -2.52B | -1.39B | -3.04B | -3.33B |
| Capital Expenditures | -470.6M | -470.8M | -566.5M | -616.4M | -505.9M | -553.4M | -571.6M | -563.4M | -168.7M | -402.7M |
| CapEx % of Revenue | 3.8% | 3.53% | 4% | 4.22% | 3.37% | 3.35% | 3.17% | 2.93% | 0.82% | - |
| Acquisitions | 146.6M | -612.4M | -125.5M | 616.4M | 505.9M | -11.7M | -32.4M | 0 | -1.17B | -15.4M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 3.25B | 400K | 7.9M | -587M | -487.1M | 34.2M | 0 | -29.8M | -382.4M | -236M |
| Cash from Financing | -8.28B | -1.66B | -207.7M | -5.89B | 6.44B | 13.65B | -15.68B | -1.43B | -6.97B | 2.24B |
| Debt Issued (Net) | -2M | -7.3M | -2.1M | -2.2M | 979.7M | 127.4M | -1M | 921.8M | 5.75B | -56.4M |
| Equity Issued (Net) | -1.16B | -989.3M | -937.7M | -1.01B | -1.37B | -1.97B | -1.03B | -1.23B | -1.15B | -1.64B |
| Dividends Paid | -995.2M | -1.06B | -1.29B | -1.47B | -1.58B | -1.66B | -1.9B | -2.18B | -2.4B | -2.57B |
| Share Repurchases | -1.26B | -989.3M | -937.7M | -1.01B | -1.37B | -1.97B | -1.12B | -1.23B | -1.28B | -1.79B |
| Other Financing | -6.12B | 404.4M | 2.03B | -3.41B | 8.41B | 17.15B | -12.75B | 1.06B | -9.17B | 6.5B |
| Net Change in Cash | -410.7M▲ 0% | -1.64B▼ 299.2% | 254.1M▲ 115.5% | 257.4M▲ 1.3% | 6.09B▲ 2265.8% | 9.64B▲ 58.3% | -14.01B▼ 245.4% | 1.31B▲ 109.4% | -5.03B▼ 482.8% | 8.21B▲ 0% |
| Free Cash Flow | 1.66B▲ 0% | 2.04B▲ 23.5% | 2.12B▲ 3.8% | 2.41B▲ 13.6% | 2.59B▲ 7.4% | 2.55B▼ 1.6% | 3.64B▲ 42.8% | 3.59B▼ 1.1% | 4.77B▲ 32.7% | 5.15B▲ 0% |
| FCF Margin % | 13.37% | 15.34% | 14.97% | 16.52% | 17.24% | 15.43% | 20.19% | 18.72% | 23.2% | 23.85% |
| FCF Growth % | 12.31% | 23.51% | 3.79% | 13.57% | 7.37% | -1.6% | 42.81% | -1.15% | 32.74% | 13.96% |
| FCF per Share | 3.68 | 4.61 | 4.85 | 5.57 | 6.04 | 6.05 | 8.75 | 8.72 | 11.67 | 11.67 |
| FCF Conversion (FCF/Net Income) | 1.23x | 1.55x | 1.17x | 1.23x | 1.19x | 1.05x | 1.23x | 1.11x | 1.21x | 1.19x |
| Interest Paid | 78.1M | 100.5M | 127.5M | 104.8M | 53.1M | 74.8M | 246.5M | 353.9M | 426.8M | 340.8M |
| Taxes Paid | 817.1M | 529.7M | 633.8M | 677.1M | 973.7M | 856.8M | 1.08B | 1.19B | 1.2B | -533.2M |
ADP Key Ratios
Automatic Data Processing, Inc. (ADP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 40.99% | 37.2% | 45.24% | 44.23% | 45.5% | 66.3% | 101.33% | 93.14% | 76% | 68.69% |
| Return on Invested Capital (ROIC) | 55.83% | 49.78% | 43.83% | 39.58% | 39.46% | 48.63% | 66.57% | 72.62% | 47.07% | 47.07% |
| Gross Margin | 45.62% | 45.39% | 46.7% | 45.96% | 46.48% | 46.86% | 48.89% | 49.94% | 50.84% | 47.48% |
| Net Margin | 14% | 12.16% | 16.17% | 16.91% | 17.32% | 17.87% | 18.94% | 19.54% | 19.84% | 20.12% |
| Debt / Equity | 0.50x | 0.42x | 0.42x | 0.41x | 0.59x | 1.08x | 0.98x | 0.81x | 1.46x | 1.46x |
| Interest Coverage | 32.64x | 23.23x | 24.14x | 30.72x | 57.30x | 45.08x | 18.22x | 14.32x | 12.63x | 13.33x |
| FCF Conversion | 1.23x | 1.55x | 1.17x | 1.23x | 1.19x | 1.05x | 1.23x | 1.11x | 1.21x | 1.19x |
| Revenue Growth | 6.1% | 7.66% | 6.36% | 2.92% | 2.85% | 9.95% | 9.18% | 6.61% | 7.07% | 6.92% |
ADP SEC Filings & Documents
Automatic Data Processing, Inc. (ADP) SEC filings — annual & quarterly reports (10-K, 10-Q)
ADP Frequently Asked Questions
Automatic Data Processing, Inc. (ADP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Automatic Data Processing, Inc. (ADP) reported $21.60B in revenue for fiscal year 2025. This represents a 506% increase from $3.57B in 1996.
Automatic Data Processing, Inc. (ADP) grew revenue by 7.1% over the past year. This is steady growth.
Yes, Automatic Data Processing, Inc. (ADP) is profitable, generating $4.35B in net income for fiscal year 2025 (19.8% net margin).
Dividend & Returns
Yes, Automatic Data Processing, Inc. (ADP) pays a dividend with a yield of 2.79%. This makes it attractive for income-focused investors.
Automatic Data Processing, Inc. (ADP) has a return on equity (ROE) of 76.0%. This is excellent, indicating efficient use of shareholder capital.
Automatic Data Processing, Inc. (ADP) generated $5.15B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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