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Rankings / Industrials

ADP ADP

Payroll & HR outsourcing. Automatic Data Processing, Inc., listed on NASDAQ.

Based on the FY2026 annual report (Jul 2025 – Jun 2026)

ADP's market cap is
about $121.5 billion.

#92 by market cap among 289 companies, based on the Nov 5, 2026 close. FY2026 revenue was $21.9474B.

Share price (close)
$307.14
Close on Nov 5, 2026 · per share
P/E ratio
28.1x
Closing price ÷ latest annual EPS
Market cap
$121.5B
#92 of 289
Revenue
$21.9474B
#146 of 299 · +6.7% YoY
Operating income
—
Not reported
Net income
$4.4135B
#99 of 298 · +8.2% YoY
Free cash flow
—
Not reported
Total assets
$63.1933B
#120 of 299 · +18.4% YoY
Dividends paid
$2.6263B
#61 of 214 · +9.5% YoY
Dividend per share
$6.64
#24 of 205 · +10.3% YoY
Dividend yield
2.2%
#71 of 203
Shares outstanding
397,800,000 shares
As of Jun 30, 2026

Where the revenue went

Revenue is set at 100% and split into what went to costs, R&D, operating expenses and taxes, and what was left as profit.

  • Cost of revenue53.6%
  • R&D4.7%
  • Other expenses15.6%
  • Income taxes & other6.0%
  • Net income20.1%

Profitability and stability

Each figure comes with its rank among 300 companies. The further right the dot, the higher the rank.

Revenue growthHow much revenue grew from the previous fiscal year
+6.7%
#174 of 299
Revenue is growing steadily. The median across 299 companies is +7.9%.
Operating marginShare of revenue kept as profit from the core business
—
Not ranked
The filing doesn't include the items needed to calculate this.
Net marginShare of revenue left as profit after interest and taxes
20.1%
#93 of 298
After taxes, 20.1% of revenue was left as net income. The median across 298 companies is 14.0%.
FCF marginShare of revenue left as cash after capital spending
—
Not ranked
Free cash flow based on capital spending isn't calculated for financial companies.
ROEHow much profit the company earned on shareholders' equity in a year
72.2%
#27 of 276
Earns a lot relative to its equity. The median across 276 companies is 16.8%.
Debt-to-equityLiabilities relative to equity. Lower means less debt
947.8%
#235 of 244
Liabilities are more than twice equity. The median across 244 companies is 159.6%.

Revenue and profit over time

Gray bars show revenue and the green part inside shows net income. The number above each bar is revenue (abbreviated) and the number below is net margin. Hover over a bar to see the exact amounts.

FY2022 Revenue $16.4983B / Net income $2.9489B16.5B17.9%FY2022FY2023 Revenue $18.0122B / Net income $3.412B18.0B18.9%FY2023FY2024 Revenue $19.2026B / Net income $3.752B19.2B19.5%FY2024FY2025 Revenue $20.5609B / Net income $4.0797B20.6B19.8%FY2025FY2026 Revenue $21.9474B / Net income $4.4135B21.9B20.1%FY2026
Currency: US dollars. Years are the years in which each fiscal year ended.

Where the cash went

Unlike profit, cash flow is money that actually came in and went out.

  • Cash from operations$5.4412B
  • Dividends paid−$2.6263B

For financial companies, loans and investments drive cash flow rather than capital spending, so FCF isn’t calculated.

Whose money funds the assets

The company's assets, split into borrowed money (liabilities) and shareholders' money (equity).

  • Total assets$63.1933B
  • Total liabilities$57.1621B
  • Total equity$6.0312B
  • Cash and equivalents$4.2301B

Compared with similar companies

Based on each company's latest annual report, so fiscal year ends may differ.

Compare in detail
CompanyAnnual revenueNet incomeRevenue growthOperating marginNet margin
ADPADP$21.9474B$4.4135B+6.7%—20.1%
CintasCTAS$11.264761B$1.999968B+8.9%23.1%17.8%
PaychexPAYX$6.3011B$1.7601B+16.5%39.8%27.9%

What the company does

ADP handles payroll, tax filing, HR and benefits administration for employers.

The fiscal year ends around June each year.

Related companies: Cintas, Paychex

Financial statements

Last 5 fiscal years. Currency: US dollars.

Show the table
ItemFY2022FY2023FY2024FY2025FY2026
Revenue16.4983B18.0122B19.2026B20.5609B21.9474B
Cost of revenue9.4619B9.9534B10.4767B11.0973B11.7602B
Gross profit7.0364B8.0588B8.7259B9.4636B10.1872B
R&D expense798.6M844.8M955.7M988.6M1.0288B
Pretax income3.8041B4.4376B4.8723B5.3101B5.7303B
Net income2.9489B3.412B3.752B4.0797B4.4135B
EPS (diluted)$7.00$8.21$9.10$9.98$10.94
Operating cash flow3.0995B4.2076B4.1576B4.9397B5.4412B
Dividends paid1.659B1.9036B2.1831B2.3989B2.6263B
Total assets63.0682B50.971B54.3627B53.3693B63.1933B
Total liabilities59.8429B47.4619B49.8151B47.1813B57.1621B
Total equity3.2253B3.5091B4.5476B6.188B6.0312B
Cash and equivalents1.4363B2.0835B2.9134B3.3478B4.2301B
Original filing10-K10-K10-K10-K10-K

Source: SEC EDGAR filings for Automatic Data Processing, Inc. · CIK 0000008670 · US-GAAP