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ADP

ADP - Automatic Data Processing Inc Stock Price, Fair Value and News

246.61USD-0.23 (-0.09%)Market Closed

Market Summary

ADP
USD246.61-0.23
Market Closed
-0.09%

ADP Stock Price

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ADP RSI Chart

ADP Valuation

Market Cap

101.4B

Price/Earnings (Trailing)

28.5

Price/Sales (Trailing)

5.46

EV/EBITDA

18.66

Price/Free Cashflow

25.68

ADP Price/Sales (Trailing)

ADP Profitability

EBT Margin

24.78%

Return on Equity

82.36%

Return on Assets

6.23%

Free Cashflow Yield

3.89%

ADP Fundamentals

ADP Revenue

Revenue (TTM)

18.6B

Rev. Growth (Yr)

6.31%

Rev. Growth (Qtr)

3.45%

ADP Earnings

Earnings (TTM)

3.6B

Earnings Growth (Yr)

8.03%

Earnings Growth (Qtr)

2.21%

Breaking Down ADP Revenue

Last 7 days

1.1%

Last 30 days

-0.3%

Last 90 days

3.5%

Trailing 12 Months

14.6%

How does ADP drawdown profile look like?

ADP Financial Health

Current Ratio

1.01

Debt/Equity

0.69

Debt/Cashflow

1.32

ADP Investor Care

Dividend Yield

1.89%

Dividend/Share (TTM)

4.79

Buy Backs (1Y)

0.86%

Diluted EPS (TTM)

8.6

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202317.7B18.0B18.3B18.6B
202216.1B16.5B16.9B17.2B
202114.6B15.0B15.4B15.7B
202014.7B14.6B14.6B14.6B
201913.9B14.1B14.3B14.5B
201813.1B13.3B13.6B13.8B
201712.2B12.4B12.5B12.8B
201611.5B11.7B11.9B12.1B
201510.8B10.9B11.1B11.2B
201410.5B10.2B10.4B10.6B
201311.1B11.3B11.0B10.8B
201210.5B10.6B10.7B10.9B
20119.6B9.9B10.2B10.3B
20108.8B8.9B9.1B9.3B
20098.8B8.8B8.8B8.8B
200808.7B8.8B8.8B
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Tracking the Latest Insider Buys and Sells of Automatic Data Processing Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
kutam sreenivasa
sold
-90,899
247
-368
corp vp
Mar 01, 2024
albinson brock
sold
-291,833
249
-1,170
corp. vp
Mar 01, 2024
kutam sreenivasa
sold
-173,104
249
-694
corp vp
Feb 29, 2024
rodriguez carlos a
gifted
-
-
-395
executive chair
Feb 22, 2024
desilva joseph
sold
-485,520
255
-1,904
corp vp
Feb 22, 2024
desilva joseph
acquired
263,761
138
1,904
corp vp
Feb 06, 2024
bonarti michael a
sold
-7,271,250
250
-29,085
corporate vice president
Feb 06, 2024
bonarti michael a
acquired
4,029,140
138
29,085
corporate vice president
Feb 06, 2024
kwon david
sold
-215,750
250
-863
corp vp
Feb 06, 2024
kwon david
acquired
164,235
169
967
corp vp

1–10 of 50

Which funds bought or sold ADP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Gradient Investments LLC
added
4.28
3,185,100
30,205,700
0.70%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
added
0.84
18,355
408,355
0.24%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
new
-
214,776
214,776
-%
Apr 23, 2024
BFSG, LLC
reduced
-36.11
-13,214
28,721
-%
Apr 23, 2024
Alpha Cubed Investments, LLC
sold off
-100
-229,859
-
-%
Apr 23, 2024
Busey Bank
reduced
-0.02
373,308
5,573,200
0.20%
Apr 23, 2024
Principle Wealth Partners LLC
added
100
2,863,650
5,366,910
0.21%
Apr 23, 2024
DUNCKER STREETT & CO INC
added
0.47
3,839
53,422
0.01%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
17,147
257,795
0.02%
Apr 23, 2024
Silver Lake Advisory, LLC
added
0.47
318,534
4,454,530
1.99%

1–10 of 48

Are Funds Buying or Selling ADP?

Are funds buying ADP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ADP
No. of Funds

Unveiling Automatic Data Processing Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.63%
39,593,384
SC 13G/A
Jan 25, 2024
blackrock inc.
8.1%
33,324,742
SC 13G/A
Feb 09, 2023
vanguard group inc
9.69%
40,184,122
SC 13G/A
Feb 07, 2023
blackrock inc.
8.5%
35,207,814
SC 13G/A
Feb 09, 2022
vanguard group inc
9.14%
38,508,651
SC 13G/A
Feb 01, 2022
blackrock inc.
7.6%
31,994,622
SC 13G/A
Feb 10, 2021
vanguard group inc
8.81%
37,786,861
SC 13G/A
Jan 29, 2021
blackrock inc.
7.1%
30,500,465
SC 13G/A
Feb 12, 2020
vanguard group inc
8.83%
38,226,328
SC 13G/A
Feb 05, 2020
blackrock inc.
7.3%
31,452,387
SC 13G/A

Recent SEC filings of Automatic Data Processing Inc

View All Filings
Date Filed Form Type Document
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 04, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Feb 23, 2024
4
Insider Trading
Feb 22, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
4
Insider Trading

Peers (Alternatives to Automatic Data Processing Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
101.4B
18.6B
-0.31% 14.56%
28.5
5.46
7.76% 13.08%
67.6B
9.4B
4.21% 45.50%
44.97
7.18
9.34% 15.98%
52.2B
4.1B
-5.42% 38.27%
38.49
12.86
10.52% 25.37%
27.7B
5.4B
-15.03% 11.71%
49.74
5.18
5.76% -4.95%
18.9B
10.3B
-1.12% 51.29%
46.26
1.83
13.90% -5.05%
11.1B
3.7B
-5.34% 23.09%
20.57
3.04
11.58% 17.98%
MID-CAP
7.5B
6.4B
-10.08% -1.85%
18.3
1.18
-11.68% -37.51%
5.7B
2.7B
5.63% 30.86%
9.21
2.11
15.87% 733.47%
4.7B
2.7B
-3.97% 19.05%
-218.73
1.75
-1.68% -137.70%
2.8B
8.2B
2.27% 6.00%
10.98
0.35
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
6.33% 110.13%
21.53
0.69
104.63% 175.67%
385.5M
1.9B
-7.84% -16.60%
43.31
0.21
19.40% -4.30%
114.6M
281.2M
1.12% -11.48%
13.92
0.41
-1.68% -25.77%
58.2M
1.1M
8.33% -54.78%
-2.43
49.78
336.95% -55.13%
8.8M
80.5M
-6.61% -18.12%
-4.9
0.11
-0.82% -207.00%

Automatic Data Processing Inc News

Latest updates
MarketBeat • 11 hours ago
Yahoo Movies Canada • 21 Apr 2024 • 09:58 pm
Sure Dividend • 19 Apr 2024 • 07:56 am

Automatic Data Processing Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.4%4,6684,5124,4784,9284,3914,2164,1284,5134,0253,8323,7374,1023,6963,4713,3774,0483,6703,4963,4993,8283,492
Costs and Expenses2.9%3,5893,4873,5493,6003,3633,2453,3273,3483,1422,9603,0633,0552,8922,7302,8483,0162,8802,8112,8902,8652,784
Operating Expenses2.6%2,2132,1582,1492,3002,1352,0742,0692,2132,0411,9311,9112,0001,8481,7621,8061,9741,8361,7881,7561,8551,772
  S&GA Expenses4.8%923880957938856800914818782719841763756681766757754727855750745
  R&D Expenses-3.3%229237--204210---------------
EBITDA Margin1.0%0.30*0.29*0.29*0.28*0.28*0.27*0.27*0.27*0.26*0.26*0.26*0.26*---------
Interest Expenses14.5%10592.0010738.0057.0051.0027.0018.0018.0019.0017.0014.0014.0015.0016.0020.0032.0040.0034.0022.0039.00
Income Taxes13.7%265233229321245231178261216200159256185163120256184157158231183
Earnings Before Taxes4.7%1,1441,0931,0061,3641,0581,0108031,1909109016971,0668337655311,077836739633985741
EBT Margin0.4%0.25*0.25*0.25*0.24*0.24*0.23*0.23*0.23*0.23*0.23*0.22*0.22*---------
Net Income2.2%8788597771,043813779626929694701538811648602412821652582476754558
Net Income Margin0.4%0.19*0.19*0.19*0.18*0.18*0.18*0.18*0.18*0.17*0.18*0.17*0.17*---------
Free Cashflow216.2%1,0323271,1861,4049007189139711,0941226531,252---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets15.7%57,06949,32450,97159,88254,45346,36563,06872,06859,10359,98748,77354,40849,32642,39039,16643,38349,05937,71541,88848,19638,806
  Current Assets19.9%48,54340,48042,17151,51846,14437,96954,80563,90451,10752,04840,74246,75241,66234,81531,56435,70941,36529,50934,34240,92431,683
    Cash Equivalents13.9%1,6411,4412,0841,8281,3451,20822,7831,6341,7451,6022,5751,8921,6021,6137,0541,7051,5001,4046,7961,8262,786
  Net PPE1.6%671660681664655645653651645649685701693702704743761767764766773
  Goodwill0.7%2,3702,3532,3392,3362,3152,2732,3012,3242,3312,3262,3382,3342,3472,3262,3092,2992,3152,3032,3232,316406
Liabilities15.0%52,75045,85147,46256,18851,46643,78859,84367,87554,05354,63743,10248,73443,42636,58133,41337,89343,69532,35436,48842,95034,042
  Current Liabilities16.7%48,09841,22942,76851,53646,81439,16655,15963,10749,08449,67038,09544,61539,17732,33030,12734,67340,52229,20132,62839,16630,297
  Short Term Borrowings---------------1,0021,0021,0021,001---
  Long Term Debt0.0%2,9902,9902,9892,9892,9882,9882,9872,9872,9862,9862,9851,9941,9941,9941,0031,0031,0031,0032,0022,0022,002
    LT Debt, Non Current0.0%2,9902,9902,9892,9892,9882,9882,9872,9872,9862,9862,9851,9941,9941,9941,0031,0031,0031,0032,0022,0022,002
Shareholder's Equity24.4%4,3203,4733,5093,6942,9872,5773,2254,1935,0505,3515,6705,6745,9005,8095,7525,4915,3645,3615,4005,2464,764
  Retained Earnings1.3%22,75722,45522,11821,85821,33321,03920,69620,50520,01219,75519,45119,30818,89418,64518,43618,41717,98817,73017,50117,36916,959
  Additional Paid-In Capital3.4%2,2632,1892,1022,0621,9541,8931,7941,7371,6651,5791,5311,4801,4081,3481,3341,3151,2541,2141,1831,1401,076
Shares Outstanding-0.2%411412412414414415416420421421426426---------
Float-----98,850---103,549---75,330---73,533---56,967
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations216.2%1,0323271,1861,4049007189139711,0941226531,2527064827771,1196984337321,025782
  Share Based Compensation25.2%74.0059.0044.0068.0058.0051.0056.0048.0056.0042.0049.0046.0047.0034.0024.0033.0036.0037.0045.0045.0039.00
Cashflow From Investing164.0%138-216-464-583108-1,577-1,050-2,495-2,232-1,236-1,148-1,416-1,2132642,678604-247122-999-728-16.50
Cashflow From Financing400.5%5,720-1,903-9,9943,9386,678-16,302-8,72512,714-1,52011,185-6,4864,1726,2272,524-4,926-6,48910,571-5,045-7,1538,434329
  Dividend Payments0.1%516516518521433433434438394393396398391391392393343343343345302
  Buy Backs1.9%255250304264220333488491463528470427262214-391305310177234300

ADP Income Statement

2023-12-31
Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
REVENUES:    
TOTAL REVENUES$ 4,668.0$ 4,391.0$ 9,180.3$ 8,606.6
Costs of revenues:    
Operating expenses2,213.32,134.54,370.94,209.0
Research and development228.7204.2465.1413.9
Depreciation and amortization119.6112.0240.9221.4
TOTAL COSTS OF REVENUES2,561.62,450.75,076.94,844.3
Selling, general, and administrative expenses922.5855.71,802.81,656.1
Interest expense104.957.0196.5108.1
TOTAL EXPENSES3,589.03,363.47,076.26,608.5
Other (income)/expense, net(64.8)(30.5)(132.5)(70.0)
EARNINGS BEFORE INCOME TAXES1,143.81,058.12,236.62,068.1
Provision for income taxes265.4245.0498.8475.9
NET EARNINGS$ 878.4$ 813.1$ 1,737.8$ 1,592.2
Earnings Per Share [Abstract]    
BASIC EARNINGS PER SHARE (in USD per share)$ 2.14$ 1.96$ 4.22$ 3.84
DILUTED EARNINGS PER SHARE (in USD per share)$ 2.13$ 1.95$ 4.20$ 3.82
Basic weighted average shares outstanding (in shares)411.1414.3411.4414.4
Diluted weighted average shares outstanding (shares)412.5416.2414.0416.6
Revenues, other than interest on funds held for clients and PEO revenues    
REVENUES:    
TOTAL REVENUES$ 2,898.6$ 2,702.2$ 5,741.4$ 5,348.6
Interest on funds held for clients    
REVENUES:    
TOTAL REVENUES225.3187.2427.1328.3
PEO Revenues    
REVENUES:    
TOTAL REVENUES[1]$ 1,544.1$ 1,501.6$ 3,011.8$ 2,929.7
[1]Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes of $18,379.2 million and $17,852.4 million for the three months ended December 31, 2023 and 2022, respectively, and $34,373.8 million and $33,386.6 million for the six months ended December 31, 2023 and 2022, respectively.

ADP Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 1,641.3$ 2,083.5
Accounts receivable, net of allowance for doubtful accounts of $48.6 and $53.0, respectively3,372.43,009.6
Other current assets1,020.6743.9
Total current assets before funds held for clients6,034.35,837.0
Funds held for clients42,509.136,333.6
Total current assets48,543.442,170.6
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively7.68.5
Property, plant and equipment, net671.0681.4
Operating lease right-of-use asset372.0402.4
Deferred contract costs2,794.72,769.7
Other assets995.81,255.4
Goodwill2,369.82,339.4
Intangible assets, net1,315.11,343.6
Total assets57,069.450,971.0
Current liabilities:  
Accounts payable76.896.8
Accrued expenses and other current liabilities2,634.92,342.6
Accrued payroll and payroll-related expenses603.2941.4
Dividends payable569.7510.0
Short-term deferred revenues188.3188.6
Obligations under reverse repurchase agreements[1]21.6105.4
Income taxes payable1.144.2
Total current liabilities before client funds obligations4,095.64,229.0
Client funds obligations44,002.138,538.6
Total current liabilities48,097.742,767.6
Long-term debt2,990.22,989.0
Operating lease liabilities326.8349.9
Other liabilities918.9933.7
Deferred income taxes68.373.6
Long-term deferred revenues347.9348.1
Total liabilities52,749.847,461.9
Commitments and contingencies (Note 13)
Stockholders' equity:  
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none0.00.0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at December 31, 2023 and June 30, 2023; outstanding, 410.7 and 412.1 shares at December 31, 2023 and June 30, 2023, respectively63.963.9
Capital in excess of par value2,262.92,102.3
Retained earnings22,757.122,118.0
Treasury stock - at cost: 228.0 and 226.6 shares at December 31, 2023 and June 30, 2023, respectively(19,019.1)(18,469.3)
Accumulated other comprehensive (loss)/ income(1,745.2)(2,305.8)
Total stockholders’ equity4,319.63,509.1
Total liabilities and stockholders’ equity$ 57,069.4$ 50,971.0
[1]As of December 31, 2023, $21.5 million of short-term marketable securities and $0.1 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2023, $104.6 million of long-term marketable securities and $0.8 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements (see Note 9)
ADP
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
 CEO
 WEBSITEadp.com
 INDUSTRYInformation Technology Services
 EMPLOYEES63000

Automatic Data Processing Inc Frequently Asked Questions


What is the ticker symbol for Automatic Data Processing Inc? What does ADP stand for in stocks?

ADP is the stock ticker symbol of Automatic Data Processing Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Automatic Data Processing Inc (ADP)?

As of Tue Apr 23 2024, market cap of Automatic Data Processing Inc is 101.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ADP stock?

You can check ADP's fair value in chart for subscribers.

What is the fair value of ADP stock?

You can check ADP's fair value in chart for subscribers. The fair value of Automatic Data Processing Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Automatic Data Processing Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ADP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Automatic Data Processing Inc a good stock to buy?

The fair value guage provides a quick view whether ADP is over valued or under valued. Whether Automatic Data Processing Inc is cheap or expensive depends on the assumptions which impact Automatic Data Processing Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ADP.

What is Automatic Data Processing Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, ADP's PE ratio (Price to Earnings) is 28.5 and Price to Sales (PS) ratio is 5.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ADP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Automatic Data Processing Inc's stock?

In the past 10 years, Automatic Data Processing Inc has provided 0.163 (multiply by 100 for percentage) rate of return.