Automatic Data Processing Inc (ADP)

Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) 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. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR, and compliance; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Lyric HCM, a solution for HR management, payroll, workforce management, talent, and data analytics. Its PEO Services segment provides HR outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. This segment also provides guidance, user-friendly technology, comprehensive employee benefits, and a risk management, safety, and workers' compensation program. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Symbol: ADP
Exchange: Nasdaq
Sector: Technology
Industry: Software - Application
Market cap: $102.51B
52 week range: 188.16 - 293.51

Valuation

Share price: $257.68 (close of 2026-10-02)
P/E (TTM): 23.49x
Price to book: 17.00x
Price to free cash flow: 18.84x
Enterprise value: $103.55B
Book value per share: $15.16

Price performance

Period	Change
1 day	-2.38%
5 days	-2.27%
1 month	-8.35%
3 months	+6.36%
6 months	+26.31%
Year to date	+0.17%
1 year	-11.10%
3 years	+7.65%
5 years	+27.56%
10 years	+192.15%
All time	+31324.39%

Members of Congress who disclosed ADP trades

Richard McCormick · Jared Moskowitz · Gilbert Ray Cisneros · Lisa McClain · Alan Armstrong · Dan Newhouse · Jefferson Shreve · Marjorie Taylor Greene · Scott Franklin

Super investors holding ADP

First Eagle Investment (First Eagle Investment Management, LLC) · Terry Smith (Fundsmith LLP) · Francois Rochon (Giverny Capital Inc) · Ken Griffin (Citadel) · Mairs & Power (Mairs & Power Inc) · David Katz (Matrix Asset Advisors Inc) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity: 73.18%
Return on assets: 6.98%
Gross margin: 46.42%
Net margin: 20.11%
EBITDA margin: 30.87%
Revenue growth: 6.74%
Net income growth: 8.18%
Free cash flow growth: 10.15%

Cash flow and balance sheet

Free cash flow yield (TTM): 5.31%
Current ratio: 1.05x
Net debt to EBITDA: 0.15x

Latest reported year

Period end: 2026-06-30
Fiscal year: 2026
Revenue: $21.95B
Cost of revenue: $11.76B
Gross profit: $10.19B
EBITDA: $6.78B
Net income: $4.41B
Earnings per share: $10.97
Research and development: $1.03B
Interest expense: $459.30M
Shares outstanding: 402.30M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2026-06-30	$21.95B	$10.19B	$4.41B	$10.97
2025-06-30	$20.56B	$9.46B	$4.08B	$10.02
2024-06-30	$19.20B	$8.73B	$3.75B	$9.14
2023-06-30	$18.01B	$8.06B	$3.41B	$8.25
2022-06-30	$16.50B	$7.04B	$2.95B	$7.04
2021-06-30	$15.01B	$6.37B	$2.60B	$6.10
2020-06-30	$14.59B	$6.14B	$2.47B	$5.73
2019-06-30	$14.11B	$6.09B	$2.29B	$5.27
2018-06-30	$13.27B	$5.52B	$1.88B	$4.28
2017-06-30	$12.37B	$5.13B	$1.79B	$3.99

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity
2026-06-30	46.42%	20.11%	73.18%
2025-06-30	46.03%	19.84%	65.93%
2024-06-30	45.44%	19.54%	82.51%
2023-06-30	44.74%	18.94%	97.23%
2022-06-30	42.65%	17.87%	91.43%
2021-06-30	42.42%	17.32%	45.83%
2020-06-30	42.12%	16.91%	42.88%
2019-06-30	43.15%	16.25%	-891.10%
2018-06-30	41.56%	14.20%	-277.27%
2017-06-30	41.44%	14.45%	44.95%

Cash and debt by year

Period end	Cash	Debt
2026-06-30	$4.23B	$4.96B
2025-06-30	$3.35B	$3.97B
2024-06-30	$2.91B	$2.99B
2023-06-30	$2.08B	$2.99B
2022-06-30	$1.44B	$2.99B
2021-06-30	$2.58B	$2.98B
2020-06-30	$1.91B	$1.00B
2019-06-30	$1.95B	$2.00B
2018-06-30	$2.17B	$2.00B
2017-06-30	$2.78B	$2.00B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2026-06-30	$5.44B	$242.60M
2025-06-30	$4.94B	$266.10M
2024-06-30	$4.16B	$243.50M
2023-06-30	$4.21B	$220.40M
2022-06-30	$3.10B	$201.70M
2021-06-30	$3.09B	$175.30M
2020-06-30	$3.03B	$130.80M
2019-06-30	$2.69B	$167.30M
2018-06-30	$2.52B	$175.40M
2017-06-30	$2.13B	$138.90M

Dividend history

Most recent payment: 2026-09-11
Paid in the last twelve months: $6.80

Payment date	Dividend per share
2026-09-11	$1.70
2026-06-12	$1.70
2026-03-13	$1.70
2025-12-12	$1.70
2025-09-12	$1.54
2025-06-13	$1.54
2025-03-14	$1.54
2024-12-13	$1.54

Investor relations

Next earnings report

Next confirmed report: 2026-10-28
Consensus EPS estimate: $2.78

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-29	Jun/2026	$2.59
2026-04-29	Mar/2026	$3.28
2026-01-28	Dec/2025	$2.58
2025-10-29	Sep/2025	$2.44
2025-07-30	Jun/2025	$2.22
2025-07-29	-	-
2025-04-30	Mar/2025	$2.96
2025-04-29	-	-

Filings and sources

Company website: adp.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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