ADT Financials Adt Inc.

10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has declined 0.7% per year over the past 5 years.
Operating margin has expanded, at 25.5% in the latest year.
Free cash flow has grown 7.2% per year over the past 5 years.

Financial health

Total debt ($7.8B) exceeds cash ($81M); net debt is $7.7B.
Total debt has grown slower than revenue (-4.3% vs -0.7% per year).
Total debt is 2.9× EBITDA.

Shareholder returns

Dividends have been paid for 9 consecutive years, consuming 31.3% of earnings and 10.9% of free cash flow.
The dividend has grown 11.3% 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
2025	$5.1B	$596M	0.0%	25.5%	15.8%	3.8%	$1.7B	$7.8B	$81M
2024	$4.9B	$501M	0.0%	24.7%	13.2%	3.1%	$1.7B	$7.8B	$96M
2023	$4.7B	$463M	0.0%	25.3%	12.2%	2.9%	$1.5B	$7.9B	$15M
2022	$4.4B	$133M	0.0%	16.5%	3.9%	0.7%	$1.7B	$9.9B	$257M
2021	$4.2B	-$341M	0.0%	0.2%	-10.5%	-2.0%	$1.5B	$9.8B	$24M
2020	$5.3B	-$632M	0.0%	0.8%	-20.8%	-3.9%	$1.2B	$9.7B	$205M
2019	$5.1B	-$424M	0.0%	3.8%	-13.3%	-2.6%	$1.7B	$9.7B	$49M
2018	—	-$609M	—	—	-14.4%	-3.5%	$1.7B	$10.0B	$363M
2017	—	$343M	—	—	10.0%	2.0%	$1.5B	$10.2B	$123M
2016	—	-$537M	—	—	-14.1%	—	$539M	—	$76M

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	$1.3B	$154M	0.0%	24.1%	4.4%	1.0%	$620M	$7.8B	$4M
Mar '26	$1.3B	$168M	0.0%	25.5%	4.4%	1.1%	$589M	$7.8B	$119M
Dec '25	$1.3B	$145M	0.0%	26.1%	3.8%	0.9%	$324M	$7.8B	$81M
Sep '25	$1.3B	$145M	0.0%	24.3%	4.0%	0.9%	$437M	$7.9B	$63M
Jun '25	$1.3B	$165M	0.0%	26.6%	4.5%	1.0%	$526M	$7.9B	$45M
Mar '25	$1.3B	$140M	0.0%	25.2%	3.9%	0.9%	$421M	$7.9B	$4M
Dec '24	$1.3B	$190M	0.0%	24.2%	5.0%	1.2%	$426M	$7.8B	$96M
Sep '24	$1.2B	$127M	0.0%	26.2%	3.3%	0.8%	$455M	$7.8B	$95M
Jun '24	$1.2B	$92M	0.0%	23.6%	2.4%	0.6%	$517M	$7.8B	$38M
Mar '24	$1.2B	$92M	0.0%	24.6%	2.5%	0.6%	$323M	$8.0B	$4M
Dec '23	$1.2B	$576M	0.0%	26.2%	15.2%	3.6%	$366M	$7.9B	$15M
Sep '23	$1.2B	-$86M	0.0%	26.0%	-2.7%	-0.5%	$405M	$9.8B	$239M
Jun '23	$1.2B	$92M	0.0%	28.4%	2.8%	0.5%	$463M	$9.8B	$146M
Mar '23	$1.3B	-$119M	0.0%	-2.0%	-3.7%	-0.7%	$247M	$9.9B	$186M
Dec '22	$1.3B	$151M	0.0%	14.8%	4.4%	0.8%	$526M	$9.9B	$257M
Sep '22	$1.3B	-$161M	0.0%	0.2%	-5.1%	-0.9%	$450M	$9.9B	$46M
Jun '22	$1.3B	$92M	0.0%	15.3%	2.7%	0.5%	$465M	$10.0B	$44M
Mar '22	$1.5B	$52M	0.0%	4.9%	1.6%	0.3%	$270M	$10.0B	$17M
Dec '21	$1.4B	-$58M	0.0%	0.8%	-1.8%	-0.3%	$453M	$9.8B	$24M
Sep '21	$1.3B	-$109M	0.0%	1.8%	-4.0%	-0.7%	$327M	$9.6B	$61M

Valuation over time

How the market has priced ADT 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 49.7× (Mar '23) to 11.5× (Sep '26).
The price-to-sales ratio has fallen from 1.5× (Mar '23) to 1.3× (Sep '26).
The dividend yield has risen from 1.9% (Mar '23) to 2.7% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is ADT growing its revenue and profit?

Over the past 5 years, Adt Inc.'s revenue has declined 0.7% per year. These are computed facts, not advice.

How much debt does ADT have?

As of FY2025, Adt Inc. reported $7.8B of total debt against $81M of cash.

What is ADT's profit margin?

In FY2025, gross margin was —, operating margin 25.5%, and net margin 11.6%.

What is ADT's P/E ratio?

As of Sep '26, Adt Inc. traded at a price-to-earnings ratio of about 11.5× (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.