Automatic Data Processing IncADP

NasdaqTechnologyServices-Computer Processing & Data Preparation
Price (close)
$263.67
Market cap
$104.7B
P/E
23.7x
Revenue (TTM)
$21.9B
Net income
$4.4B
Dividend yield
2.58%
1-year total return
-6.1%
Net margin
20.1%
Revenue growth
6.7%
Debt / equity
0.82x

What Automatic Data Processing Inc does.

In 1949, our founders established ADP with a simple, innovative idea: help clients focus on their business by solving their payroll challenges. In the 77 years since, we have led the Human Capital Management (“HCM”) industry in innovation. We were the first in HCM to deliver automation, move to the cloud, provide a mobile app, and create an online marketplace. Today, we continue that legacy with artificial intelligence (“AI”), building AI into the very core of how we orchestrate, govern and execute HR and pay processes for real-world outcomes.

As AI adds new layers of complexity to managing the workforce infrastructure that makes business possible, our clients need a partner they can trust. As the trusted, service-driven, and AI-enabled partner for HCM, we deliver services powered by deep domain expertise, workforce data, and global scale to help organizations manage their most critical workforce functions with precision, compliance and confidence. Today, we are a global leader in HR and payroll solutions, serving over 1.1 million clients and paying over 42 million workers in over 140 countries and territories. Our common stock is listed on the NASDAQ Global Select Market® under the symbol “ADP.”

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$15.0B$16.5B$18.0B$19.2B$20.6B$21.9B
Net income$2.6B$2.9B$3.4B$3.8B$4.1B$4.4B
Free cash flow$2.9B$2.9B$4.0B$3.9B$4.8B$5.2B

More on ADP.

Figures from Automatic Data Processing Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.