ADP logo Automatic Data Processing +
Ticker
ADP
Headquarter
Roseland ,NJ
US
CEO
Ms. Maria Black
Industry
Staffing & Employment Services
Stock Price
Stock Price
Market Cap
$119.45 B
Employees
Years
  • 2022
  • 2023
  • 2024
Employees
  • 60.00 K
  • 63.00 K
  • 64.00 K
Y/Y
7.14%
5%
1.59%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $274.97 K
  • $285.91 K
  • $300.04 K
Y/Y
2.62%
3.98%
4.94%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $49.15 K
  • $54.16 K
  • $58.63 K
Y/Y
5.92%
10.19%
8.25%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
Revenue
  • $16.50 B
  • $18.01 B
  • $19.20 B
Y/Y
9.95%
9.18%
6.61%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
Research and Development
  • $798.60 M
  • $844.80 M
  • $955.70 M
Y/Y
11.44%
5.79%
13.13%
Operating Income
Years
  • 2022
  • 2023
  • 2024
Operating Income
  • $3.80 B
  • $4.51 B
  • $4.98 B
Y/Y
14.4%
18.52%
10.42%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 22.00%
  • 23.00%
  • 23.00%
Y/Y
0.93%
2.8%
0.52%
Net Income
Years
  • 2022
  • 2023
  • 2024
Net Income
  • $2.95 B
  • $3.41 B
  • $3.75 B
Y/Y
13.48%
15.7%
9.96%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
Total Assets
  • $63.07 B
  • $50.97 B
  • $54.36 B
Y/Y
29.31%
19.18%
6.65%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $59.84 B
  • $47.46 B
  • $49.82 B
Y/Y
38.84%
20.69%
4.96%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$553.40 M
  • -$571.60 M
  • -$563.40 M
Y/Y
9.39%
3.29%
1.43%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 23.05%
  • 25.02%
  • 25.92%
Y/Y
4.02%
8.55%
3.6%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 17.87%
  • 18.94%
  • 19.54%
Y/Y
3.18%
5.99%
3.17%
EBITDA
Years
  • 2022
  • 2023
  • 2024
EBITDA
  • $4.41 B
  • $5.24 B
  • $5.80 B
Y/Y
12.05%
19.05%
10.59%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $2.55 B
  • $3.64 B
  • $3.59 B
Y/Y
1.6%
42.81%
1.15%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 91.43%
  • 97.23%
  • 82.51%
Y/Y
99.5%
6.34%
15.14%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 4.68%
  • 6.69%
  • 6.90%
Y/Y
12.2%
42.95%
3.14%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 108.34%
  • 95.15%
  • 81.48%
Y/Y
84.57%
12.17%
14.37%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
Enterprise value
  • $90.02 B
  • $92.18 B
  • $97.56 B
Y/Y
5.38%
2.4%
5.83%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 5.46
  • 5.12
  • 5.08
Y/Y
4.15%
6.21%
0.73%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 20.43
  • 17.58
  • 16.82
Y/Y
5.95%
13.98%
4.3%