Automatic Data Processing, Inc. (ADP) quarterly cash flow statement — complete operating, investing & financing history
Automatic Data Processing, Inc. (ADP) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Cash from Operations | 651M | 1.31B | 2.24B | 1.13B | 642.3M | 1.44B | 1.53B | 1.15B | 824.4M | 1.3B | 1.5B | 1.03B | 326.5M | 1.19B | 1.4B | 899.7M | 718.1M | 912.9M | 971M | 1.09B |
| Operating CF Margin % | 11.86% | 23.86% | 37.68% | 21.14% | 12.41% | 28.07% | 27.48% | 22.79% | 17.06% | 27.27% | 28.51% | 22.12% | 7.24% | 26.48% | 28.49% | 20.49% | 17.03% | 22.12% | 21.52% | 27.17% |
| Operating CF Growth % | 1.35% | -9.26% | 46.68% | -1.51% | -22.09% | 10.66% | 1.85% | 11.42% | 152.5% | 9.69% | 6.69% | 14.75% | -54.53% | 29.88% | 44.6% | -17.74% | 489.09% | 39.84% | -22.46% | 54.83% |
| Net Income | 1.13B | 978.6M | 1.36B | 1.06B | 1.01B | 910.6M | 1.25B | 963.2M | 956.3M | 829.3M | 1.18B | 878.4M | 859.4M | 776.7M | 1.04B | 813.2M | 779M | 625.5M | 928.5M | 694.4M |
| Depreciation & Amortization | 155M | 147.2M | 146.4M | 145.6M | 146.7M | 121.5M | 147M | 151.1M | 138.6M | 135.7M | 144.6M | 140.1M | 141.5M | 140.4M | 137M | 136.8M | 135.1M | 130.5M | 129M | 126.5M |
| Stock-Based Compensation | 67.2M | 59.7M | 51M | 73.2M | 58.7M | 0 | 62.8M | 79.1M | 60.6M | 54.8M | 56.3M | 73.6M | 58.8M | 43.8M | 67.6M | 58.4M | 50.6M | 55.5M | 48.3M | 55.6M |
| Deferred Taxes | 80.6M | -17M | 54.3M | 54.3M | 64.8M | 19.8M | -15.3M | -10.2M | 42.7M | -33M | -26.9M | -4.3M | 26.8M | -62.5M | -27.5M | -10.6M | 20.5M | 34.5M | -44.3M | 20.8M |
| Other Non-Cash Items | 268.8M | 2.6B | 287.9M | 286.6M | 285.1M | 369.5M | 286M | 279.3M | 273.1M | 273.5M | 266.9M | 260.9M | 253.7M | 263.2M | 258.5M | 262.2M | 260.8M | 297.1M | 239.8M | 252.5M |
| Working Capital Changes | -1.05B | -2.46B | 338.6M | -488.9M | -926M | 17.8M | -204.2M | -312.2M | -646.9M | 40.3M | -127.7M | -316.3M | -1.01B | 24.1M | -74.6M | -360.3M | -527.9M | -230.2M | -330.3M | -56.1M |
| Change in Receivables | -21.5M | 34.4M | -179.3M | 43.9M | 102M | -7.9M | -44M | -210.1M | 115.4M | 12.5M | -113.9M | -274.4M | -107.9M | 49.1M | 81.2M | -202.6M | 201.5M | 47.1M | -507.6M | 25.8M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 222.8M | -613.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -25.6M | 28.5M | -8M | 13M | -38M | 18.6M | -40.4M | 34.4M | 48M | 10.9M | 9.9M | 11.4M | -30.4M | 19.8M | -11.1M | 10.2M | -30.7M | 24.9M | -21.4M | 42M |
| Cash from Investing | -882.4M | -958M | -1.22B | -676.9M | -1.86B | 423.2M | -555.9M | -1.26B | -1.64B | -217.2M | -1.09B | 138.3M | -216.1M | -464.5M | -583.4M | 108.2M | -1.58B | -1.05B | -2.5B | -2.23B |
| Capital Expenditures | -52.7M | -72.8M | -193.9M | -26.5M | -46.7M | -135.6M | -137.5M | -134.2M | -139.7M | -146.5M | -157.1M | -133.5M | -126.3M | -140.9M | -157.2M | -141.8M | -131.7M | -144.3M | -152.6M | -127.4M |
| CapEx % of Revenue | 0.96% | 1.33% | 3.26% | 0.49% | 0.9% | 2.64% | 2.48% | 2.66% | 2.89% | 3.07% | 2.99% | 2.86% | 2.8% | 3.15% | 3.19% | 3.23% | 3.12% | 3.5% | 3.38% | 3.16% |
| Acquisitions | 0 | 100K | 0 | -23.4M | 500K | 7.5M | -4.5M | -1.16B | 3.3M | 0 | 1.9M | 4.4M | -33.6M | 140.9M | -18M | -14.4M | 86.3M | 0 | 8M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -122.5M | -103.5M | -5.1M | -119.7M | -107.8M | -3.4M | -7M | -1.4M | -3.1M | -16M | 0 | -8.5M | 22M | -140.9M | 0 | 0 | -86.3M | 0 | 8M | -11.7M |
| Cash from Financing | 305M | -3.04B | -22.04B | 29.18B | 164.1M | -5.06B | -9.4B | 13.97B | -6.49B | -11.12B | 5.87B | 5.72B | -1.9B | -9.99B | 3.94B | 6.68B | -16.3B | -8.73B | 12.71B | -1.52B |
| Debt Issued (Net) | 49.6M | -3.78B | -47M | -5.21B | 438.2M | 4.76B | -346.5M | -4.38B | 5.36B | 67.3M | -16.7M | -300K | -200K | 97.3M | -9.7M | -187.9M | 54.6M | -7.5M | -16.4M | -46.1M |
| Equity Issued (Net) | -758.8M | -620.1M | -561.4M | -515.8M | -366M | -193M | -311.6M | -272.3M | -372.6M | -435.5M | -291.5M | -254.7M | -250M | -303.9M | -264M | -220.2M | -333.3M | -487.5M | -491.4M | -462.5M |
| Dividends Paid | -677M | -683.2M | -687.1M | -629.3M | -626.7M | -625.8M | -628M | -572.5M | -572.6M | -575.1M | -575.9M | -516.3M | -515.8M | -517.5M | -520.6M | -432.6M | -432.9M | -434.3M | -437.7M | -393.8M |
| Share Repurchases | -758.8M | -620.1M | -581.4M | -515.8M | -366M | -324M | -311.6M | -272.3M | -372.6M | -435.5M | -291.5M | -254.7M | -250M | -303.9M | -264M | -220.2M | -333.3M | -487.5M | -491.4M | -462.5M |
| Other Financing | 1.69B | 2.05B | -20.75B | 35.53B | 718.6M | -9B | -8.11B | 19.19B | -10.91B | -10.17B | 6.75B | 6.49B | -1.14B | -9.27B | 4.73B | 7.52B | -15.59B | -7.8B | 13.66B | -617.7M |
| Net Change in Cash | 80.2M | -2.71B | -21.06B | 29.67B | -1.06B | 667.2M | -8.4B | 13.81B | -7.29B | -10.04B | 6.25B | 6.92B | -1.81B | -9.27B | 4.76B | 7.71B | -17.21B | -8.95B | 11.2B | -2.66B |
| Free Cash Flow | 598.3M | 1.23B | 2.04B | 1.11B | 595.6M | 1.41B | 1.49B | 1.11B | 765.6M | 1.15B | 1.34B | 898.9M | 200.2M | 1.04B | 1.25B | 757.9M | 586.4M | 768.6M | 818.4M | 966.3M |
| FCF Margin % | 10.9% | 22.53% | 34.42% | 20.64% | 11.51% | 27.41% | 26.82% | 22% | 15.84% | 24.2% | 25.52% | 19.26% | 4.44% | 23.33% | 25.3% | 17.26% | 13.91% | 18.62% | 18.13% | 24.01% |
| FCF Growth % | 0.45% | -12.23% | 37.24% | -0.41% | -22.2% | 21.75% | 11.07% | 23.58% | 282.42% | 10.46% | 7.55% | 18.6% | -65.86% | 35.94% | 52.36% | -21.57% | 8244.44% | 44.37% | -25.31% | 61.81% |
| FCF per Share | 1.50 | 3.09 | 5.08 | 2.73 | 1.46 | 3.45 | 3.65 | 2.72 | 1.87 | 2.81 | 3.25 | 2.18 | 0.48 | 2.52 | 3.00 | 1.82 | 1.41 | 1.84 | 1.95 | 2.29 |
| FCF Conversion (FCF/Net Income) | 0.58x | 1.33x | 1.65x | 1.07x | 0.63x | 1.58x | 1.22x | 1.19x | 0.86x | 1.57x | 1.26x | 1.18x | 0.38x | 1.53x | 1.35x | 1.11x | 0.92x | 1.46x | 1.05x | 1.58x |
| Interest Paid | 130.7M | 0 | 74.6M | 123.6M | 130.3M | 86.9M | 90.4M | 108.8M | 140.7M | 93M | 68.1M | 95.8M | 97M | 98M | 44M | 47.8M | 56.7M | 17.7M | 24M | 9.2M |
| Taxes Paid | 187.2M | 0 | 158.4M | 229.9M | 73.8M | -836.9M | 253.4M | 518.8M | 64.7M | 379.1M | 215.7M | 502.5M | 87.9M | 301.9M | 241.7M | 479.6M | 57.5M | 268.9M | 222.2M | 310.7M |