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 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
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
FCF
Total debt
Cash
2025
$5.1B
$596M
0.0%
25.5%
$1.7B
$7.8B
$81M
2024
$4.9B
$501M
0.0%
24.7%
$1.7B
$7.8B
$96M
2023
$4.7B
$463M
0.0%
25.3%
$1.5B
$7.9B
$15M
2022
$4.4B
$133M
0.0%
16.5%
$1.7B
$9.9B
$257M
2021
$4.2B
-$341M
0.0%
0.2%
$1.5B
$9.8B
$24M
2020
$5.3B
-$632M
0.0%
0.8%
$1.2B
$9.7B
$205M
2019
$5.1B
-$424M
0.0%
3.8%
$1.7B
$9.7B
$49M
2018
—
-$609M
—
—
$1.7B
$10.0B
$363M
2017
—
$343M
—
—
$1.5B
$10.2B
$123M
2016
—
-$537M
—
—
$539M
—
$76M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$1.3B
$168M
0.0%
25.5%
$589M
$7.8B
$119M
Dec '25
$1.3B
$145M
0.0%
26.1%
$324M
$7.8B
$81M
Sep '25
$1.3B
$145M
0.0%
24.3%
$437M
$7.9B
$63M
Jun '25
$1.3B
$165M
0.0%
26.6%
$526M
$7.9B
$45M
Mar '25
$1.3B
$140M
0.0%
25.2%
$421M
$7.9B
$4M
Dec '24
$1.3B
$190M
0.0%
24.2%
$426M
$7.8B
$96M
Sep '24
$1.2B
$127M
0.0%
26.2%
$455M
$7.8B
$95M
Jun '24
$1.2B
$92M
0.0%
23.6%
$517M
$7.8B
$38M
Mar '24
$1.2B
$92M
0.0%
24.6%
$323M
$8.0B
$4M
Dec '23
$1.2B
$576M
0.0%
26.2%
$366M
$7.9B
$15M
Sep '23
$1.2B
-$86M
0.0%
26.0%
$405M
$9.8B
$239M
Jun '23
$1.2B
$92M
0.0%
28.4%
$463M
$9.8B
$146M
Mar '23
$1.3B
-$119M
0.0%
-2.0%
$247M
$9.9B
$186M
Dec '22
$1.3B
$151M
0.0%
14.8%
$526M
$9.9B
$257M
Sep '22
$1.3B
-$161M
0.0%
0.2%
$450M
$9.9B
$46M
Jun '22
$1.3B
$92M
0.0%
15.3%
$465M
$10.0B
$44M
Mar '22
$1.5B
$52M
0.0%
4.9%
$270M
$10.0B
$17M
Dec '21
$1.4B
-$58M
0.0%
0.8%
$453M
$9.8B
$24M
Sep '21
$1.3B
-$109M
0.0%
1.8%
$327M
$9.6B
$61M
Jun '21
$1.3B
-$126M
0.0%
-0.1%
$384M
$9.6B
$150M
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 9.6× (Jun '26).
The price-to-sales ratio has fallen from 1.5× (Mar '23) to 1.1× (Jun '26).
The dividend yield has risen from 1.9% (Mar '23) to 3.3% (Jun '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 Jun '26, Adt Inc. traded at a price-to-earnings ratio of about 9.6× (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.