ADP Financials Automatic Data Processing

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 41 d ago Overview →

Growth & profitability

Revenue has grown 7.9% per year over the past 5 years.
Net income has grown faster than revenue (11.2% vs 7.9% per year).

Financial health

Total debt ($5.0B) exceeds cash ($4.2B); net debt is $734M.
Total debt has grown in line with revenue (10.7% vs 7.9% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 59.5% of earnings.
The dividend has grown 10.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$21.9B	$4.4B	46.4%	0.0%	73.2%	7.0%	—	$5.0B	$4.2B
2025	$20.6B	$4.1B	46.0%	0.0%	65.9%	7.6%	—	$8.7B	$3.3B
2024	$19.2B	$3.8B	45.4%	0.0%	82.5%	6.9%	—	$3.0B	$2.9B
2023	$18.0B	$3.4B	44.7%	0.0%	97.2%	6.7%	—	$3.0B	$2.1B
2022	$16.5B	$2.9B	42.6%	0.0%	91.4%	4.7%	—	$3.0B	$1.4B
2021	$15.0B	$2.6B	42.4%	0.0%	45.8%	5.3%	—	$3.0B	$2.6B
2020	$14.6B	$2.5B	42.1%	0.0%	42.9%	6.3%	—	$1.0B	$1.9B
2019	$14.1B	$2.3B	43.2%	0.0%	42.5%	5.5%	—	$2.0B	$1.9B
2018	$13.3B	$1.9B	41.6%	0.0%	39.8%	4.9%	—	$2.0B	$2.2B
2017	$12.4B	$1.8B	41.4%	0.0%	45.0%	4.6%	—	$2.0B	$2.8B
2016	—	$1.5B	—	—	33.3%	3.4%	—	$2.0B	$3.2B
2015	—	$1.5B	—	—	30.2%	4.4%	—	$9M	$1.6B
2014	—	$1.5B	—	—	22.7%	4.7%	—	—	$2.0B
2013	—	$1.4B	—	—	22.7%	4.4%	—	—	$1.4B
2012	—	$1.4B	—	—	22.7%	4.5%	—	—	$1.5B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$5.5B	$979M	45.9%	0.0%	16.2%	1.5%	—	$5.0B	$4.2B
Mar '26	$5.9B	$1.4B	48.3%	0.0%	21.4%	2.1%	—	$4.0B	$3.2B
Dec '25	$5.4B	$1.1B	46.1%	0.0%	16.6%	1.3%	—	$4.0B	$2.4B
Sep '25	$5.2B	$1.0B	45.2%	0.0%	15.9%	1.9%	—	$9.2B	$2.5B
Jun '25	$5.1B	$911M	45.1%	0.0%	14.7%	1.7%	—	$8.7B	$3.3B
Mar '25	$5.6B	$1.2B	47.7%	0.0%	21.3%	2.2%	—	$3.0B	$2.7B
Dec '24	$5.0B	$963M	45.7%	0.0%	19.0%	1.5%	—	$3.0B	$2.2B
Sep '24	$4.8B	$956M	45.5%	0.0%	17.9%	1.9%	—	$7.4B	$2.1B
Jun '24	$4.8B	$829M	44.8%	0.0%	18.2%	1.5%	—	$3.0B	$2.9B
Mar '24	$5.3B	$1.2B	47.3%	0.0%	25.6%	1.8%	—	$3.0B	$3.3B
Dec '23	$4.7B	$878M	45.1%	0.0%	20.3%	1.5%	—	$3.0B	$1.6B
Sep '23	$4.5B	$859M	44.3%	0.0%	24.7%	1.7%	—	$3.0B	$1.4B
Jun '23	$4.5B	$777M	44.5%	0.0%	22.1%	1.5%	—	$3.0B	$2.1B
Mar '23	$4.9B	$1.0B	46.8%	0.0%	28.2%	1.7%	—	$3.0B	$1.8B
Dec '22	$4.4B	$813M	44.2%	0.0%	27.2%	1.5%	—	$3.0B	$1.3B
Sep '22	$4.2B	$779M	43.2%	0.0%	30.2%	1.7%	—	$3.0B	$1.2B
Jun '22	$4.1B	$626M	42.2%	0.0%	19.4%	1.0%	—	$3.0B	$1.4B
Mar '22	$4.5B	$929M	44.3%	0.0%	22.1%	1.3%	—	$3.0B	$1.6B
Dec '21	$4.0B	$694M	41.8%	0.0%	13.8%	1.2%	—	$3.0B	$1.7B
Sep '21	$3.8B	$701M	42.0%	0.0%	13.1%	1.2%	—	$3.0B	$1.6B

Valuation over time

How the market has priced ADP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 30.0× (Mar '23) to 25.5× (Sep '26).
The price-to-sales ratio has fallen from 5.4× (Mar '23) to 5.1× (Sep '26).
The dividend yield has risen from 1.9% (Mar '23) to 2.3% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is ADP growing its revenue and profit?

Over the past 5 years, Automatic Data Processing's revenue has grown 7.9% per year, and net income grown 11.2% per year. These are computed facts, not advice.

How much debt does ADP have?

As of FY2026, Automatic Data Processing reported $5.0B of total debt against $4.2B of cash.

What is ADP's profit margin?

In FY2026, gross margin was 46.4%, operating margin —, and net margin 20.1%.

What is ADP's P/E ratio?

As of Sep '26, Automatic Data Processing traded at a price-to-earnings ratio of about 25.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.