AUTOMATIC DATA PROCESSING, INC. financials

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ADP CIK 0000008670

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T09:53:07Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Working Capital 1.97B 462.50M -597.00M -353.80M 2.65B 1.44B
Net Debt 5.85B 512.60M 1.37B 2.04B 869.60M 539.80M
Gross Margin 46.03% 45.44% 44.74% 42.65% 42.42% 8.98%
Net Margin 19.84% 19.54% 18.94% 17.87% 17.32% 16.91%
Return on Equity (ROE) 65.93% 82.51% 97.23% 91.43% 45.83% 42.88%
Return on Assets (ROA) 7.64% 6.90% 6.69% 4.68% 5.33% 6.30%
Current Ratio 1.0478 1.0103 0.986 0.9936 1.0695 1.0477
Debt-to-Equity 1.4858 0.7534 0.9832 1.0765 0.6075 0.4256
Effective Tax Rate 23.17% 22.99% 23.11% 22.48% 22.69% 22.50%
Cash Conversion Ratio 1.2108 1.1081 1.2332 1.0511 1.1904 1.2269
Accruals Ratio -0.0161 -0.0075 -0.0156 -0.0024 -0.0101 -0.0143
SBC % of Revenue 1.29% 1.27% 1.22% 1.22% 1.17% 0.90%

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 30.9018 26.2297 26.771 30.0057 32.7216 26.1211
P/S 6.0792 5.0727 5.0286 5.2974 5.6083 4.3872
P/B 20.1995 21.42 25.8116 27.0975 14.8419 11.1275

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 20.56B 19.20B 18.01B 16.50B 15.01B 14.59B
Revenues 20.56B 19.20B 18.01B 16.50B 15.01B 14.59B
Cost of Goods and Services Sold 11.10B 10.48B 9.95B 9.46B 8.64B 8.45B
Gross Profit — — — — — 1.31B
Research and Development Expense 988.60M 955.70M 844.80M 798.60M — —
Selling, General and Administrative Expense 4.05B 3.78B 3.55B 3.23B 3.04B 3.00B
Income Tax Expense (Benefit) 1.23B 1.12B 1.03B 855.20M 762.70M 716.10M
Net Income (Loss) Attributable to Parent 4.08B 3.75B 3.41B 2.95B 2.60B 2.47B
Earnings Per Share, Basic $10.02 $9.14 $8.25 $7.04 $6.10 $5.73
Weighted Average Number of Shares Outstanding, Basic 407.10M 410.60M 413.70M 418.80M 426.30M 430.80M
Earnings Per Share, Diluted $9.98 $9.10 $8.21 $7.00 $6.07 $5.70
Weighted Average Number of Shares Outstanding, Diluted 408.70M 412.20M 415.70M 421.10M 428.10M 432.70M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 3.35B 2.91B 2.08B 1.44B 2.58B 1.91B
Assets, Current 43.25B 45.54B 42.17B 54.80B 40.74B 31.56B
Assets 53.37B 54.36B 50.97B 63.07B 48.77B 39.17B
Liabilities, Current 41.28B 45.08B 42.77B 55.16B 38.09B 30.13B
Long-term Debt, Excluding Current Maturities 3.97B 2.99B 2.99B 2.99B 2.98B 1.00B
Liabilities 47.18B 49.82B 47.46B 59.84B 43.10B 33.41B
Stockholders' Equity Attributable to Parent 6.19B 4.55B 3.51B 3.23B 5.67B 5.75B
Common Stock, Shares, Outstanding 405.30M 408.10M 412.10M 416.10M 423.70M 429.90M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 4.94B 4.16B 4.21B 3.10B 3.09B 3.03B
Net Cash Provided by (Used in) Investing Activities -3.04B -1.39B -2.52B -7.01B -3.52B 3.16B
Payments for Repurchase of Common Stock 1.28B 1.23B 1.12B 1.97B 1.37B 1.01B
Payments of Dividends 2.40B 2.18B 1.90B 1.66B 1.58B 1.47B
Net Cash Provided by (Used in) Financing Activities -6.97B -1.43B -15.68B 13.65B 6.44B -5.89B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

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Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

23 concepts 3 units
Unit US$ · 17 concepts
Label Value Period
Revenue from Contract with Customer, Excluding Assessed Tax 5.36B 2025-10-01 → 2025-12-31
Interest Expense 124.10M 2025-10-01 → 2025-12-31
Cost, Depreciation and Amortization 122.90M 2025-10-01 → 2025-12-31
Cost of Goods and Services Sold 2.89B 2025-10-01 → 2025-12-31
Costs and Expenses 4.08B 2025-10-01 → 2025-12-31
Research and Development Expense 257.80M 2025-10-01 → 2025-12-31
Amortization of Intangible Assets 95.80M 2025-10-01 → 2025-12-31
Operating Costs and Expenses 2.51B 2025-10-01 → 2025-12-31
Selling, General and Administrative Expense 1.07B 2025-10-01 → 2025-12-31
Accounts Receivable, Credit Loss Expense (Reversal) 22.50M 2025-07-01 → 2025-12-31
Gain (Loss) on Disposition of Assets 0 2025-10-01 → 2025-12-31
Investment Income, Interest 96.80M 2025-10-01 → 2025-12-31
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component -7.10M 2025-10-01 → 2025-12-31
Nonoperating Income (Expense) 105.80M 2025-10-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.38B 2025-10-01 → 2025-12-31
Income Tax Expense (Benefit) 321.20M 2025-10-01 → 2025-12-31
Net Income (Loss) Attributable to Parent 1.06B 2025-10-01 → 2025-12-31
Unit shares · 3 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 403.80M 2025-10-01 → 2025-12-31
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 600,000 2025-10-01 → 2025-12-31
Weighted Average Number of Shares Outstanding, Diluted 404.70M 2025-10-01 → 2025-12-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $2.63 2025-10-01 → 2025-12-31
Earnings Per Share, Diluted $2.62 2025-10-01 → 2025-12-31
Common Stock, Dividends, Per Share, Declared $1.70 2025-10-01 → 2025-12-31

Comprehensive Income

13 concepts 1 unit
Unit US$ · 13 concepts
Label Value Period
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, before Tax 1.10M 2025-10-01 → 2025-12-31
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment and Tax 107.50M 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax -300.00K 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax 0 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax -1.60M 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 3.90M 2025-10-01 → 2025-12-31
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.15B 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Net of Tax 91.00M 2025-10-01 → 2025-12-31
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax 300.00K 2025-10-01 → 2025-12-31
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, Tax 22.70M 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax 0 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax 0 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax -400.00K 2025-10-01 → 2025-12-31

Balance Sheet

52 concepts 3 units
Unit US$ · 44 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 2.42B as of 2025-12-31
Restricted Cash and Cash Equivalents 31.24B as of 2025-12-31
Marketable Securities, Current 45.70M as of 2025-12-31
Accounts Receivable, Allowance for Credit Loss, Current 47.50M as of 2025-12-31
Accounts Receivable, after Allowance for Credit Loss, Current 3.41B as of 2025-12-31
Debt Securities, Available-for-sale 36.32B as of 2025-12-31
Investments 2.47B as of 2025-12-31
Other Assets, Current 1.08B as of 2025-12-31
Assets, Current 74.47B as of 2025-12-31
Operating Lease, Right-of-Use Asset 405.70M as of 2025-12-31
Property, Plant and Equipment, Net 622.70M as of 2025-12-31
Capitalized Contract Cost, Net 3.11B as of 2025-12-31
Goodwill 3.29B as of 2025-12-31
Finite-Lived Intangible Assets, Gross 5.96B as of 2025-12-31
Finite-Lived Intangible Assets, Accumulated Amortization 4.34B as of 2025-12-31
Intangible Assets, Net (Excluding Goodwill) 1.62B as of 2025-12-31
Other Assets, Noncurrent 1.11B as of 2025-12-31
Dividends Payable 680.50M as of 2025-12-31
Contract with Customer, Liability 514.60M as of 2025-12-31
Operating Lease, Liability 454.60M as of 2025-12-31
Assets 84.64B as of 2025-12-31
Accounts Payable, Current 143.10M as of 2025-12-31
Employee-related Liabilities, Current 721.30M as of 2025-12-31
Accrued Income Taxes, Current 197.30M as of 2025-12-31
Accrued Liabilities, Current 2.48B as of 2025-12-31
Notes Payable 4.00B as of 2025-12-31
Contract with Customer, Liability, Current 261.70M as of 2025-12-31
Commercial Paper 0 as of 2025-12-31
Debt, Current 1.10M as of 2025-12-31
Liabilities, Current 72.14B as of 2025-12-31
Long-term Debt, Excluding Current Maturities 3.98B as of 2025-12-31
Contract with Customer, Liability, Noncurrent 380.20M as of 2025-12-31
Deferred Income Tax Liabilities, Net 349.50M as of 2025-12-31
Other Liabilities, Noncurrent 1.05B as of 2025-12-31
Operating Lease, Liability, Noncurrent 347.60M as of 2025-12-31
Liabilities 78.25B as of 2025-12-31
Preferred Stock, Value, Issued 0 as of 2025-12-31
Common Stock, Value, Issued 63.90M as of 2025-12-31
Additional Paid in Capital, Common Stock 2.94B as of 2025-12-31
Treasury Stock, Value 21.96B as of 2025-12-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -639.70M as of 2025-12-31
Retained Earnings (Accumulated Deficit) 25.99B as of 2025-12-31
Stockholders' Equity Attributable to Parent 6.39B as of 2025-12-31
Liabilities and Equity 84.64B as of 2025-12-31
Unit shares · 6 concepts
Label Value Period
Preferred Stock, Shares Authorized 300,000 as of 2025-12-31
Preferred Stock, Shares Issued 0 as of 2025-12-31
Common Stock, Shares Authorized 1.00B as of 2025-12-31
Common Stock, Shares, Issued 638.70M as of 2025-12-31
Common Stock, Shares, Outstanding 403.00M as of 2025-12-31
Treasury Stock, Common, Shares 235.70M as of 2025-12-31
Unit US$ / share · 2 concepts
Label Value Period
Preferred Stock, Par or Stated Value Per Share $1.00 as of 2025-12-31
Common Stock, Par or Stated Value Per Share $0.10 as of 2025-12-31

Cash Flow Statement

33 concepts 1 unit
Unit US$ · 33 concepts
Label Value Period
Accretion (Amortization) of Discounts and Premiums, Investments 45.40M 2025-07-01 → 2025-12-31
Depreciation, Depletion and Amortization 145.60M 2025-10-01 → 2025-12-31
Share-based Payment Arrangement, Noncash Expense 131.90M 2025-07-01 → 2025-12-31
Operating Lease, Payments 64.90M 2025-07-01 → 2025-12-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 253.90M 2025-07-01 → 2025-12-31
IncomeTaxPaidFederalAfterRefundReceived 1.20M 2025-07-01 → 2025-12-31
Income Taxes Paid, Net 303.70M 2025-07-01 → 2025-12-31
Other Noncash Income (Expense) -4.20M 2025-07-01 → 2025-12-31
Increase (Decrease) in Contract with Customer, Asset 556.40M 2025-07-01 → 2025-12-31
Increase (Decrease) in Accounts and Notes Receivable -145.90M 2025-07-01 → 2025-12-31
Increase (Decrease) in Other Operating Assets 350.10M 2025-07-01 → 2025-12-31
Increase (Decrease) in Accounts Payable, Trade -25.00M 2025-07-01 → 2025-12-31
Increase (Decrease) in Obligation, Pension Benefits -7.70M 2025-07-01 → 2025-12-31
Increase (Decrease) in Accrued Liabilities -629.30M 2025-07-01 → 2025-12-31
Net Cash Provided by (Used in) Operating Activities 1.78B 2025-07-01 → 2025-12-31
Payments to Acquire Other Property, Plant, and Equipment 73.20M 2025-07-01 → 2025-12-31
Payments to Acquire Intangible Assets 209.10M 2025-07-01 → 2025-12-31
Proceeds from Sale of Property, Plant, and Equipment 0 2025-07-01 → 2025-12-31
Payments to Acquire Marketable Securities 5.65B 2025-07-01 → 2025-12-31
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale 3.44B 2025-07-01 → 2025-12-31
Payments for (Proceeds from) Previous Acquisition 22.90M 2025-07-01 → 2025-12-31
Payments for (Proceeds from) Other Investing Activities 18.40M 2025-07-01 → 2025-12-31
Net Cash Provided by (Used in) Investing Activities -2.54B 2025-07-01 → 2025-12-31
Proceeds from (Repayments of) Commercial Paper -4.77B 2025-07-01 → 2025-12-31
Proceeds from Issuance of Long-term Debt 0 2025-07-01 → 2025-12-31
Repayments of Long-term Debt 500.00K 2025-07-01 → 2025-12-31
Payments for Hedge, Financing Activities 0 2025-07-01 → 2025-12-31
Payments for Repurchase of Common Stock 881.80M 2025-07-01 → 2025-12-31
Payments of Dividends 1.26B 2025-07-01 → 2025-12-31
Net Cash Provided by (Used in) Financing Activities 29.34B 2025-07-01 → 2025-12-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 28.80M 2025-07-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 28.61B 2025-07-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 33.66B as of 2025-12-31

Notes

58 concepts 4 units
Unit US$ · 53 concepts
Label Value Period
Operating Lease, Liability, Current 107.00M as of 2025-12-31
Share-based Payment Arrangement, Expense 73.20M 2025-10-01 → 2025-12-31
Long-term Debt, Fair Value 3.86B as of 2025-12-31
Line of Credit Facility, Fair Value of Amount Outstanding 0 as of 2025-12-31
Contract with Customer, Liability, Revenue Recognized 72.70M 2025-07-01 → 2025-12-31
Dividends, Common Stock, Cash 691.80M 2025-10-01 → 2025-12-31
Debt Securities, Available-for-sale, Realized Gain (Loss) -300.00K 2025-10-01 → 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year One 348.30M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Two 263.40M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Three 228.80M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Four 187.30M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Five 141.80M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year 220.50M as of 2025-12-31
Treasury Stock, Value, Acquired, Cost Method 511.20M 2025-10-01 → 2025-12-31
Defined Benefit Plan, Service Cost 2.00M 2025-10-01 → 2025-12-31
Defined Benefit Plan, Interest Cost 21.70M 2025-10-01 → 2025-12-31
Defined Benefit Plan, Expected Return (Loss) on Plan Assets 28.30M 2025-10-01 → 2025-12-31
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 7.63B as of 2025-12-31
Defined Benefit Plan, Amortization of Gain (Loss) -700.00K 2025-10-01 → 2025-12-31
Capitalized Contract Cost, Amortization 598.10M 2025-07-01 → 2025-12-31
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) -3.90M 2025-10-01 → 2025-12-31
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 6.80M as of 2025-12-31
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 446.30M as of 2025-12-31
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss 453.10M as of 2025-12-31
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 349.40M as of 2025-12-31
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 453.10M as of 2025-12-31
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 1.92B as of 2025-12-31
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 13.32B as of 2025-12-31
Debt Securities, Available-for-sale, Unrealized Loss Position 15.25B as of 2025-12-31
Goodwill, Other Increase (Decrease) 22.20M 2025-07-01 → 2025-12-31
Goodwill, Foreign Currency Translation Gain (Loss) -1.50M 2025-07-01 → 2025-12-31
Unrecorded Unconditional Purchase Obligation, to be Paid, Year One 194.80M as of 2025-12-31
Unrecorded Unconditional Purchase Obligation 2.33B as of 2025-12-31
Operating Lease, Cost 31.40M 2025-10-01 → 2025-12-31
Short-term Lease, Cost 300.00K 2025-10-01 → 2025-12-31
Variable Lease, Cost 5.80M 2025-10-01 → 2025-12-31
Lease, Cost 37.50M 2025-10-01 → 2025-12-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 89.80M 2025-07-01 → 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year One 113.40M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 91.10M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 67.20M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 49.10M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid 509.70M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year 62.60M as of 2025-12-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 55.10M as of 2025-12-31
Debt Instrument, Face Amount 4.00B as of 2025-12-31
OCI, before Reclassifications, before Tax, Attributable to Parent 111.40M 2025-10-01 → 2025-12-31
Reclassification from AOCI, Current Period, before Tax, Attributable to Parent -3.00M 2025-10-01 → 2025-12-31
Other Comprehensive Income (Loss) before Reclassifications, Tax 22.70M 2025-10-01 → 2025-12-31
Reclassification from AOCI, Current Period, Tax -700.00K 2025-10-01 → 2025-12-31
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 24.90M as of 2025-12-31
Debt Securities, Available-for-sale, Amortized Cost 36.42B as of 2025-12-31
APIC, Share-based Payment Arrangement, Increase for Cost Recognition 66.30M 2025-10-01 → 2025-12-31
Unit shares · 2 concepts
Label Value Period
Treasury Stock, Shares, Acquired 1.90M 2025-10-01 → 2025-12-31
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants 400,000 2025-10-01 → 2025-12-31
Unit pure · 2 concepts
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.232 2025-10-01 → 2025-12-31
Operating Lease, Weighted Average Discount Rate, Percent 0.039 as of 2025-12-31
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 2 2025-07-01 → 2025-12-31

Other

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 2.90M 2025-10-01 → 2025-12-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (ADP CIK 0000008670), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.