Cash flow Automatic Data Processing, Inc.

Stocks

ADP

US0530151036

Employment Services

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-17 EDT			5-day change	1st Jan Change
255.26 ^USD	-0.50%		+5.52%	-0.76%

07-13	Automatic Data Processing Set to Deliver Modest Fiscal Q4 Beat, RBC Says	MT
07-10	BMO Capital Adjusts Price Target on Automatic Data Processing to $248 From $234	MT

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Published financial data: AUTOMATIC DATA PROCESSING, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Revenues	14.58B	16.05B	17.2B	18.18B	19.37B
Interest And Invest. Income (Rev)	422M	452M	813M	1.02B	1.19B
Total Revenues	15.01B	16.5B	18.01B	19.2B	20.56B
Cost of Goods Sold, Total	8.24B	9.05B	9.5B	10.01B	10.61B
Gross Profit	6.77B	7.45B	8.51B	9.2B	9.95B
Selling General & Admin Expenses, Total	3.01B	3.18B	3.5B	3.71B	4.02B
Depreciation & Amortization - (IS)	403M	411M	451M	471M	486M
Other Operating Expenses, Total	3.41B	3.59B	3.95B	4.18B	4.51B
Operating Income	3.36B	3.86B	4.56B	5.02B	5.44B
Interest Expense, Total	-59.7M	-81.9M	-253M	-361M	-456M
Interest And Investment Income	36.5M	41M	150M	241M	320M
Net Interest Expenses	-23.2M	-40.9M	-104M	-120M	-136M
EBT, Excl. Unusual Items	3.33B	3.82B	4.46B	4.9B	5.31B
Restructuring Charges	-12.3M	4M	-	-42M	-
Gain (Loss) On Sale Of Investments	13M	-4.4M	-14.7M	-5.9M	-1.7M
Gain (Loss) On Sale Of Assets	8.1M	-	-	17.1M	5M
Asset Writedown	-10.5M	-12.1M	-2.1M	-	-
Insurance Settlements	30.7M	-	-	-	-
Legal Settlements	-	-	-1.2M	4M	400K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	3.36B	3.8B	4.44B	4.87B	5.31B
Income Tax Expense	763M	855M	1.03B	1.12B	1.23B
Earnings From Continuing Operations	2.6B	2.95B	3.41B	3.75B	4.08B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	2.6B	2.95B	3.41B	3.75B	4.08B
Net Income - (IS)	2.6B	2.95B	3.41B	3.75B	4.08B
Net Income to Common Incl Extra Items	2.6B	2.95B	3.41B	3.75B	4.08B
Net Income to Common Excl. Extra Items	2.6B	2.95B	3.41B	3.75B	4.08B
Per Share Items
Net EPS - Basic	6.1	7.04	8.25	9.14	10.02
Basic EPS - Continuing Operations	6.1	7.04	8.25	9.14	10.02
Basic Weighted Average Shares Outstanding	426M	419M	414M	411M	407M
Net EPS - Diluted	6.07	7	8.21	9.1	9.98
Diluted EPS - Continuing Operations	6.07	7	8.21	9.1	9.98
Diluted Weighted Average Shares Outstanding	428M	421M	416M	412M	409M
Normalized Basic EPS	4.89	5.7	6.73	7.46	8.15
Normalized Diluted EPS	4.86	5.66	6.7	7.43	8.11
Dividend Per Share	3.7	4.05	4.79	5.45	6.02
Payout Ratio	60.63	56.26	55.79	58.18	58.8
American Depositary Receipts Ratio (ADR)	0.04	0.04	0.04	0.04	0.04
Supplemental Items
EBITDA	3.87B	4.37B	5.11B	5.58B	6.03B
EBITA	3.68B	4.2B	4.93B	5.39B	5.82B
EBIT	3.36B	3.86B	4.56B	5.02B	5.44B
EBITDAR	4.03B	4.53B	5.26B	5.73B	6.16B
Total Revenues (As Reported)	15.01B	16.5B	18.01B	19.2B	20.56B
Effective Tax Rate - (Ratio)	22.69	22.48	23.11	22.99	23.17
Current Domestic Taxes	892M	721M	1B	1.02B	1.06B
Current Foreign Taxes	122M	97.5M	105M	133M	136M
Total Current Taxes	1.01B	819M	1.11B	1.16B	1.19B
Deferred Domestic Taxes	-232M	49.5M	-84.4M	-30.8M	17.6M
Deferred Foreign Taxes	-19.1M	-12.9M	4.3M	-6.6M	19.4M
Total Deferred Taxes	-251M	36.6M	-80.1M	-37.4M	37M
Normalized Net Income	2.08B	2.39B	2.78B	3.06B	3.32B
Non-Cash Pension Expense	-57.7M	-59.1M	-47.4M	-28.1M	-25.7M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	956M	989M
Net Rental Expense, Total	167M	157M	153M	145M	133M
Imputed Operating Lease Interest Expense	26.96M	29.29M	87.12M	114M	74.77M
Imputed Operating Lease Depreciation	140M	128M	66.18M	30.7M	58.53M
Stock-Based Comp., COGS (Total)	41.4M	46M	55.4M	64M	72.4M
Stock-Based Comp., SG&A Exp. (Total)	134M	156M	165M	180M	194M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	175M	202M	220M	244M	266M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.58B	1.44B	2.08B	2.91B	3.35B
Short Term Investments	-	-	14.7M	-	4.46B
Total Cash And Short Term Investments	2.58B	1.44B	2.1B	2.91B	7.81B
Accounts Receivable, Total	2.73B	3.17B	3.01B	3.43B	3.58B
Total Receivables	2.73B	3.17B	3.01B	3.43B	3.58B
Other Current Assets, Total	35.44B	50.2B	37.06B	39.2B	31.86B
Total Current Assets	40.74B	54.8B	42.17B	45.54B	43.25B
Gross Property Plant And Equipment	2.71B	2.73B	2.84B	2.87B	2.95B
Accumulated Depreciation	-1.56B	-1.63B	-1.76B	-1.82B	-1.92B
Net Property Plant And Equipment	1.15B	1.1B	1.08B	1.06B	1.03B
Long-term Investments	-	-	-	-	-
Goodwill	2.34B	2.3B	2.34B	2.35B	3.27B
Other Intangibles, Total	1.21B	1.33B	1.34B	1.34B	1.6B
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	48.3M	157M	331M	200M	56.1M
Deferred Charges Long-Term	2.5B	2.58B	2.77B	2.96B	3.15B
Other Long-Term Assets, Total	789M	789M	933M	909M	1B
Total Assets	48.77B	63.07B	50.97B	54.36B	53.37B
Liabilities
Accounts Payable, Total	141M	110M	96.8M	101M	169M
Accrued Expenses, Total	2.78B	2.87B	3.19B	4.22B	3.96B
Short-term Borrowings	23.5M	136M	105M	385M	4.81B
Current Portion of Long-Term Debt	1.2M	1.2M	1.2M	1.1M	1M
Current Portion of Leases	94.7M	95.1M	95.5M	92.2M	101M
Current Income Taxes Payable	58.2M	38.4M	44.2M	15.1M	9.1M
Unearned Revenue Current, Total	204M	188M	189M	200M	263M
Other Current Liabilities	34.79B	51.72B	39.05B	40.07B	31.96B
Total Current Liabilities	38.09B	55.16B	42.77B	45.08B	41.28B
Long-Term Debt	2.98B	2.99B	2.99B	2.99B	3.97B
Long-Term Leases	343M	371M	350M	329M	321M
Unearned Revenue Non Current	362M	335M	348M	360M	385M
Deferred Tax Liability Non Current	483M	67M	73.6M	64.3M	164M
Other Non Current Liabilities	834M	924M	934M	991M	1.06B
Total Liabilities	43.1B	59.84B	47.46B	49.82B	47.18B
Common Stock, Total	63.9M	63.9M	63.9M	63.9M	63.9M
Additional Paid In Capital	1.53B	1.79B	2.1B	2.41B	2.79B
Retained Earnings	19.45B	20.7B	22.12B	23.62B	25.24B
Treasury Stock	-15.39B	-17.34B	-18.47B	-19.74B	-21.02B
Comprehensive Income and Other	10.6M	-1.99B	-2.31B	-1.81B	-883M
Total Common Equity	5.67B	3.23B	3.51B	4.55B	6.19B
Total Equity	5.67B	3.23B	3.51B	4.55B	6.19B
Total Liabilities And Equity	48.77B	63.07B	50.97B	54.36B	53.37B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	423M	416M	412M	408M	405M
ECS Total Common Shares Outstanding	424M	416M	412M	408M	405M
Book Value / Share	13.38	7.75	8.52	11.14	15.27
Tangible Book Value	2.12B	-408M	-174M	858M	1.31B
Tangible Book Value Per Share	5.01	-0.98	-0.42	2.1	3.24
Total Debt	3.45B	3.59B	3.54B	3.8B	9.21B
Net Debt	872M	2.15B	1.44B	885M	1.4B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-157M	-21.5M	-129M	-173M	-220M
Debt Equivalent Oper. Leases	1.33B	1.26B	1.23B	1.16B	1.07B
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	686M	675M	682M	648M	637M
Machinery, Total	1.56B	1.61B	1.76B	1.86B	1.94B
Full Time Employees	56K	60K	63K	64K	67K
Accumulated Allowance for Doubtful Accounts (Supple)	79.6M	56.8M	53M	52.2M	47.1M

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	2.6B	2.95B	3.41B	3.75B	4.08B
Depreciation & Amortization - CF	183M	171M	176M	190M	202M
Amortization of Goodwill and Intangible Assets - (CF)	327M	344M	373M	372M	381M
Depreciation & Amortization, Total	511M	515M	549M	562M	582M
Amortization of Deferred Charges, Total - (CF)	935M	955M	993M	1.07B	1.15B
(Gain) Loss From Sale Of Asset	-9.8M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	69.5M	101M	23M	-42.6M	-72.2M
Asset Writedown & Restructuring Costs	19.9M	-	-	-	-
Stock-Based Compensation (CF)	175M	202M	220M	244M	266M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	54.6M	53.2M
Other Operating Activities, Total	-269M	15.9M	-51.3M	-62M	30.7M
Change In Accounts Receivable	-340M	-486M	129M	-484M	-147M
Change In Accounts Payable	36.9M	-16.4M	-11.8M	1.8M	60.6M
Change in Other Net Operating Assets	-634M	-1.14B	-1.06B	-936M	-1.06B
Cash from Operations	3.09B	3.1B	4.21B	4.16B	4.94B
Capital Expenditure	-179M	-174M	-206M	-208M	-169M
Sale of Property, Plant, and Equipment	18.8M	34.2M	-	28.3M	10.8M
Cash Acquisitions	-	-11.7M	-32.4M	-33.6M	-1.17B
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-327M	-379M	-365M	-355M	-378M
Investment in Marketable and Equity Securities, Total	-3.03B	-6.48B	-1.91B	-796M	-1.32B
Other Investing Activities, Total	-	-	-	-24.5M	-14.9M
Cash from Investing	-3.52B	-7.01B	-2.52B	-1.39B	-3.04B
Short Term Debt Issued, Total	9.9M	128M	-	320M	4.77B
Long-Term Debt Issued, Total	1.98B	-	-	-	1.98B
Total Debt Issued	1.99B	128M	-	320M	6.75B
Short Term Debt Repaid, Total	-	-	-44.7M	-	-332M
Long-Term Debt Repaid, Total	-1B	-900K	-1M	-900K	-1B
Total Debt Repaid	-1B	-900K	-45.7M	-900K	-1.33B
Issuance of Common Stock	104M	96.5M	91.6M	47.2M	131M
Repurchase of Common Stock	-1.37B	-1.97B	-1.12B	-1.23B	-1.28B
Common Dividends Paid	-1.58B	-1.66B	-1.9B	-2.18B	-2.4B
Common & Preferred Stock Dividends Paid	-1.58B	-1.66B	-1.9B	-2.18B	-2.4B
Other Financing Activities, Total	8.29B	17.06B	-12.7B	1.62B	-8.84B
Cash from Financing	6.44B	13.65B	-15.68B	-1.43B	-6.97B
Foreign Exchange Rate Adjustments	73.8M	-98.7M	-21.1M	-22.4M	37.3M
Net Change in Cash	6.09B	9.64B	-14.01B	1.31B	-5.03B
Supplemental Items
Cash Interest Paid	53.1M	74.8M	246M	354M	427M
Cash Income Tax Paid (Refund)	974M	857M	1.08B	1.19B	1.2B
Levered Free Cash Flow	3.62B	5.23B	4.79B	3.7B	3.52B
Unlevered Free Cash Flow	3.66B	5.28B	4.94B	3.93B	3.8B
Change In Net Working Capital	-449M	-1.75B	-903M	521M	1.05B
Net Debt Issued / Repaid	990M	127M	-45.7M	319M	5.42B

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.77	4.31	5	5.96	6.32
Return on Total Capital	24.2	30.26	41.1	40.75	28.66
Return On Equity %	45.5	66.3	101.33	93.14	76
Return on Common Equity	45.5	66.3	101.33	93.14	76
Margin Analysis
Gross Profit Margin %	45.1	45.14	47.25	47.89	48.39
SG&A Margin	20.06	19.27	19.43	19.3	19.56
EBITDA Margin %	25.76	26.5	28.36	29.06	29.3
EBITA Margin %	24.54	25.47	27.38	28.07	28.32
EBIT Margin %	22.36	23.38	25.31	26.14	26.47
Income From Continuing Operations Margin %	17.32	17.87	18.94	19.54	19.84
Net Income Margin %	17.32	17.87	18.94	19.54	19.84
Net Avail. For Common Margin %	17.32	17.87	18.94	19.54	19.84
Normalized Net Income Margin	13.88	14.46	15.46	15.95	16.13
Levered Free Cash Flow Margin	24.15	31.67	26.57	19.27	17.1
Unlevered Free Cash Flow Margin	24.4	31.98	27.45	20.44	18.49
Asset Turnover
Asset Turnover	0.34	0.3	0.32	0.36	0.38
Fixed Assets Turnover	12.8	14.66	16.47	17.95	19.72
Receivables Turnover (Average Receivables)	5.64	5.44	5.57	5.65	5.53
Short Term Liquidity
Current Ratio	1.07	0.99	0.99	1.01	1.05
Quick Ratio	0.14	0.08	0.12	0.14	0.28
Operating Cash Flow to Current Liabilities	0.08	0.06	0.1	0.09	0.12
Days Sales Outstanding (Average Receivables)	64.68	67.08	65.58	64.81	66.01
Average Days Payable Outstanding	5.39	5.07	3.98	3.61	4.64
Long Term Solvency
Total Debt/Equity	60.8	111.33	100.91	83.53	148.77
Total Debt / Total Capital	37.81	52.68	50.23	45.51	59.8
LT Debt/Equity	58.7	104.11	95.15	73	69.42
Long-Term Debt / Total Capital	36.5	49.27	47.36	39.78	27.91
Total Liabilities / Total Assets	88.37	94.89	93.12	91.63	88.41
EBIT / Interest Expense	56.2	47.1	18	13.89	11.94
EBITDA / Interest Expense	67.55	55.31	20.77	15.84	13.51
(EBITDA - Capex) / Interest Expense	64.56	53.18	19.96	15.27	13.14
Total Debt / EBITDA	0.85	0.79	0.67	0.66	1.49
Net Debt / EBITDA	0.22	0.48	0.27	0.15	0.23
Total Debt / (EBITDA - Capex)	0.89	0.82	0.7	0.69	1.54
Net Debt / (EBITDA - Capex)	0.23	0.49	0.29	0.16	0.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.85	9.95	9.18	6.61	7.07
Gross Profit, 1 Yr. Growth %	3.94	10.03	14.27	8.07	8.19
EBITDA, 1 Yr. Growth %	1.9	13.1	17.33	9.25	8.78
EBITA, 1 Yr. Growth %	2.26	14.09	17.91	9.3	8.87
EBIT, 1 Yr. Growth %	1.25	14.96	18.77	10.08	9.35
Earnings From Cont. Operations, 1 Yr. Growth %	5.35	13.48	15.7	9.96	8.73
Net Income, 1 Yr. Growth %	5.35	13.48	15.7	9.96	8.73
Normalized Net Income, 1 Yr. Growth %	1.24	14.54	17.31	9.95	9.25
Diluted EPS Before Extra, 1 Yr. Growth %	6.49	15.32	17.29	10.84	9.67
Accounts Receivable, 1 Yr. Growth %	11.72	16.25	-5.08	13.91	4.4
Net Property, Plant and Equip., 1 Yr. Growth %	-4.25	-3.77	-1.79	-2.55	-2.53
Total Assets, 1 Yr. Growth %	24.53	29.31	-19.18	6.65	-1.83
Tangible Book Value, 1 Yr. Growth %	-4.73	-119.24	-57.41	-593.39	52.86
Common Equity, 1 Yr. Growth %	-1.43	-43.12	8.8	29.59	36.07
Cash From Operations, 1 Yr. Growth %	2.22	0.2	35.75	-1.19	18.81
Capital Expenditures, 1 Yr. Growth %	3.42	-2.35	18.29	1.02	-19.05
Levered Free Cash Flow, 1 Yr. Growth %	58.2	44.15	-8.8	-22.68	-4.29
Unlevered Free Cash Flow, 1 Yr. Growth %	55.29	44.08	-6.69	-20.59	-2.53
Dividend Per Share, 1 Yr. Growth %	5.11	9.46	18.27	13.78	10.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.12	6.34	9.56	7.88	6.84
Gross Profit, 2 Yr. CAGR %	2.89	6.94	12.13	11.13	8.13
EBITDA, 2 Yr. CAGR %	6.01	8.77	14.54	12.88	8.61
EBITA, 2 Yr. CAGR %	6.3	9.51	15.29	13.17	8.67
EBIT, 2 Yr. CAGR %	5.21	9.52	16.09	13.96	9.27
Earnings From Cont. Operations, 2 Yr. CAGR %	6.46	9.34	14.59	12.8	9.35
Net Income, 2 Yr. CAGR %	6.46	9.34	14.59	12.8	9.35
Normalized Net Income, 2 Yr. CAGR %	5.41	9.32	15.16	13.19	9.15
Diluted EPS Before Extra, 2 Yr. CAGR %	7.63	10.82	16.3	14.02	10.25
Accounts Receivable, 2 Yr. CAGR %	5.74	13.96	5.05	3.98	9.05
Net Property, Plant and Equip., 2 Yr. CAGR %	22.5	-4.01	-2.78	-2.17	-2.54
Total Assets, 2 Yr. CAGR %	7.91	26.9	2.23	-7.16	2.33
Tangible Book Value, 2 Yr. CAGR %	2.86	-57.18	-71.37	44.96	174.62
Common Equity, 2 Yr. CAGR %	2.47	-25.12	-21.33	18.74	32.79
Cash From Operations, 2 Yr. CAGR %	7.27	1.2	16.63	15.82	8.35
Capital Expenditures, 2 Yr. CAGR %	5	0.49	7.48	9.31	-9.57
Levered Free Cash Flow, 2 Yr. CAGR %	37.48	53.1	14.62	-16.16	-14.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	35.35	51.58	15.91	-14.05	-12.31
Dividend Per Share, 2 Yr. CAGR %	9.96	7.26	13.78	16	12.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.17	5.35	7.28	8.57	7.61
Gross Profit, 3 Yr. CAGR %	5.33	5.22	9.33	10.76	10.14
EBITDA, 3 Yr. CAGR %	8.81	8.32	11.39	12.75	11.22
EBITA, 3 Yr. CAGR %	9.21	8.83	12.08	13.26	11.43
EBIT, 3 Yr. CAGR %	8.55	8.37	12.34	14.05	12.09
Earnings From Cont. Operations, 3 Yr. CAGR %	11.3	8.75	11.42	13.03	11.43
Net Income, 3 Yr. CAGR %	11.3	8.75	11.42	13.03	11.43
Normalized Net Income, 3 Yr. CAGR %	8.57	8.37	11.74	13.39	11.54
Diluted EPS Before Extra, 3 Yr. CAGR %	12.62	10.13	12.93	14.45	12.55
Accounts Receivable, 3 Yr. CAGR %	11.19	9.13	7.22	7.92	4.12
Net Property, Plant and Equip., 3 Yr. CAGR %	13.05	13.03	-3.27	-2.7	-2.29
Total Assets, 3 Yr. CAGR %	7.88	14.61	9.18	3.68	-5.41
Tangible Book Value, 3 Yr. CAGR %	9.73	-41.17	-57.26	-26.05	47.55
Common Equity, 3 Yr. CAGR %	6.18	-15.78	-15.19	-7.09	24.26
Cash From Operations, 3 Yr. CAGR %	7.14	4.86	11.61	10.36	16.81
Capital Expenditures, 3 Yr. CAGR %	-4.66	2.49	6.1	5.28	-1.1
Levered Free Cash Flow, 3 Yr. CAGR %	3	39.68	28.99	0.52	-12.58
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.69	38.21	29.12	2.18	-10.57
Dividend Per Share, 3 Yr. CAGR %	13.66	9.79	10.81	13.78	14.12
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.16	5.93	6.29	6.36	7.1
Gross Profit, 5 Yr. CAGR %	6.08	6.82	8	7.54	8.85
EBITDA, 5 Yr. CAGR %	8.87	9.22	11.23	10.16	10.27
EBITA, 5 Yr. CAGR %	9.02	9.53	11.77	10.59	10.7
EBIT, 5 Yr. CAGR %	8.43	9.09	11.69	10.61	11.1
Earnings From Cont. Operations, 5 Yr. CAGR %	11.71	10.53	12.6	10.35	10.59
Net Income, 5 Yr. CAGR %	11.73	10.53	12.6	10.35	10.59
Normalized Net Income, 5 Yr. CAGR %	8.22	8.89	11.34	10.31	10.69
Diluted EPS Before Extra, 5 Yr. CAGR %	13.31	12.01	14.08	11.67	11.85
Accounts Receivable, 5 Yr. CAGR %	9.37	13.23	8.69	7.04	7.95
Net Property, Plant and Equip., 5 Yr. CAGR %	10.85	7.19	6.43	6.69	-2.98
Total Assets, 5 Yr. CAGR %	2.23	11.15	5.58	5.35	6.38
Tangible Book Value, 5 Yr. CAGR %	-1.3	-24.05	-35.89	-15.62	-10.05
Common Equity, 5 Yr. CAGR %	4.82	-4.1	-5.82	-3.38	1.47
Cash From Operations, 5 Yr. CAGR %	10.27	7.83	10.84	9.11	10.3
Capital Expenditures, 5 Yr. CAGR %	1.17	-6.2	0.02	5.17	-0.47
Levered Free Cash Flow, 5 Yr. CAGR %	29.49	14.44	7.61	14.05	9.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	28.86	14.24	7.89	14.46	10.6
Dividend Per Share, 5 Yr. CAGR %	12.21	12.57	13.71	12.24	11.33