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ADP

269.90USD+1.95(+0.73%)Market Closed

Automatic Data Processing Inc

Market Summary

USD269.90+1.95Market Closed
0.73%

ADP Stock Price

RSI Chart

Valuation

Market Cap

100.8B

Price/Earnings

34.19

Price/Sales

6.11

Price/Cashflow

32.53

MarketCap/EBT

26.5

Price/Sales

Profitability

EBT Margin

23.06%

Return on Equity

91.43%

Return on Assets

4.68%

Fundamentals

Revenue

Revenue (TTM)

16.9B

Revenue Y/Y

10%

Revenue Q/Q

2.13%

Earnings

Earnings (TTM)

3.0B

Earnings Y/Y

11.21%

Earnings Q/Q

24.54%

Price Action

52 Week Range

190.40270.88
(Low)(High)

Last 7 days

2.3%

Last 30 days

13.7%

Last 90 days

13.2%

Trailing 12 Months

17.8%

Financial Health

Current Ratio

0.99

Debt/Equity

0.84

Debt/Cashflow

1.14

Investor Care

Dividend Yield

1.67%

Dividend/Share (TTM)

4.16

Buy Backs (1Y)

1.56%

Diluted EPS (TTM)

7.22

Peers (Alternatives to Automatic Data Processing)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.8B
16.9B
13.67% 17.78%
34.19
6.11
9.86% 12.25%
65.6B
17.4B
4.87% 5.61%
31.53
3.78
9.89% 59.95%
35.6B
16.3B
24.78% -64.52%
-72.87
2.19
2.24% -185.26%
32.6B
19.3B
4.01% -20.24%
14.44
1.69
10.57% 34.44%
21.6B
1.4B
8.30% -16.05%
26.22
15.49
6.77% 34.71%
MID-CAP
7.1B
6.3B
4.14% 18.79%
19.36
1.13
3.99% -18.61%
6.9B
15.4B
2.49% -5.50%
12.68
0.43
-8.73% 94.10%
5.9B
7.5B
0.52% 29.65%
22.72
0.79
3.56% -8.77%
2.3B
887.2M
10.74% -45.23%
27.46
2.55
25.16% 47.30%
2.1B
1.1B
0.87% 15.64%
46.55
1.96
5.13% -31.88%
SMALL-CAP
1.0B
411.1M
29.11% -72.02%
-5.38
2.69
21.18% 4.38%
601.3M
2.0B
-48.20% -75.18%
-2.68
0.3
-6.20% 49.90%
484.1M
322.6M
-25.48% -62.56%
-71.86
1.5
10.82% -199.96%
282.0M
214.4M
-14.00% -40.91%
-110.97
1.33
1.07% -145.72%
89.0M
78.9M
2.50% -48.75%
-10.41
1.14
20.00% -1729.41%

Financials for Automatic Data Processing

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.3%16,88216,49816,10815,69715,367
Operating Expenses1.7%8,3968,2538,0957,8827,689
  S&GA Expenses2.5%3,3143,2333,1603,1053,079
Earnings Before Taxes2.9%3,9133,8043,6983,5743,497
Net Income2.7%3,0272,9492,8622,7442,697
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-26.5%46,36563,06872,06859,10359,987
  Current Assets-30.7%37,96954,80563,90451,10752,048
    Cash Equivalents-15.9%1,2081,4361,6341,7451,602
  Net PPE-1.1%645653651645649
  Goodwill-1.2%2,2732,3012,3242,3312,326
Liabilities-26.8%43,78859,84367,87554,05354,637
  Current Liabilities-29.0%39,16655,15963,10749,08449,670
  Long Term Debt-4.6%2,5952,7212,8193,0123,049
    LT Debt, Non Current0.0%2,9882,9872,9872,9862,986
Shareholder's Equity-20.1%2,5773,2254,1935,0505,351
  Retained Earnings1.7%21,03920,69620,50520,01219,755
  Additional Paid-In Capital5.5%1,8931,7941,7371,6651,579
Shares Outstanding-0.2%415416418420422
Float-103,549----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations19.2%3,6963,1002,8393,1212,733
  Share Based Compensation4.1%210202195192184
Cashflow From Investing-4.9%-7,355.60-7,014.40-7,112.30-6,033.80-5,015.60
Cashflow From Financing-201.3%-13,834.0013,65315,8937,35115,098
  Dividend Payments2.4%1,6991,6591,6211,5811,578
  Buy Backs-9.9%1,7751,9691,9521,8881,687

Risks

What is the probability of a big loss on ADP?

19.6%


Probability that Automatic Data Processing stock will be more than 20% underwater in next one year

18.5%


Probability that Automatic Data Processing stock will be more than 30% underwater in next one year.

0%


Probability that Automatic Data Processing stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ADP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Automatic Data Processing was unfortunately bought at previous high price.

Returns

Cumulative Returns on ADP

21.1%


10-Year Cumulative Returns

20.0%


7-Year Cumulative Returns

21.3%


5-Year Cumulative Returns

19.6%


3-Year Cumulative Returns

What are the long-term rolling returns for ADP?

FIve years rolling returns for Automatic Data Processing.

Which funds bought or sold ADP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
404,000
404,000
0.41%
2022-11-29
SALEM CAPITAL MANAGEMENT INC
ADDED
4.04
58,000
541,000
0.43%
2022-11-23
Eagle Bay Advisors LLC
ADDED
0.05
32,230
450,000
0.28%
2022-11-23
Toroso Investments, LLC
REDUCED
-1.39
225,000
3,846,000
0.16%
2022-11-22
Dash Acquisitions Inc.
ADDED
4.19
949,000
8,725,000
4.88%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
8,946,000
8,946,000
0.10%
2022-11-22
CVA Family Office, LLC
ADDED
0.79
12,000
145,000
0.04%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
1.54
554,000
6,481,000
0.20%
2022-11-22
IHT Wealth Management, LLC
ADDED
22.06
180,000
751,000
0.06%
2022-11-21
ST GERMAIN D J CO INC
UNCHANGED
-
-
2,729,000
0.18%

1–10 of 45

Latest Funds Activity

Are funds buying ADP calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ADP

Automatic Data Processing News

Simply Wall St

Automatic Data Processing, Inc. (NASDAQ:ADP) Is About To Go Ex-Dividend, And It Pays A 1.9% Yield.43 hours ago

Zacks Investment Research

ADP Fair Value

Automatic Data Processing fair value in different scenarios

The table shows the Fair Value estimates for Automatic Data Processing for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

86.64

-67.90%

127.38

-52.80%

154.74

-42.67%

192.48

-28.68%

231.72

-14.15%

Current Inflation

78.16

-71.04%

112.36

-58.37%

134.30

-50.24%

166.03

-38.48%

198.49

-26.46%

Very High Inflation

67.79

-74.88%

94.58

-64.96%

110.63

-59.01%

135.63

-49.75%

160.66

-40.47%

Historical Automatic Data Processing Fair Value Estimates


Recent SEC filings of Automatic Data Processing

View All Filings
Date Filed Form Type Document
Nov 16, 2022
8-K
Current Report
Nov 14, 2022
8-K
Current Report
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading

Latest Insider Trading transactions for ADP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-09
WIJNBERG SANDRA S
ACQUIRED
-
-
1,539
-
2022-11-09
KEENE NAZZIC S
ACQUIRED
-
-
1,435
-
2022-11-09
Ready William J
ACQUIRED
-
-
1,435
-
2022-11-09
POWERS SCOTT F
ACQUIRED
-
-
1,497
-
2022-11-09
Haynesworth Linnie M
ACQUIRED
-
-
936
-
2022-11-09
JONES JOHN P III
ACQUIRED
-
-
2,267
-
2022-11-09
Katsoudas Francine S
ACQUIRED
-
-
1,435
-
2022-11-09
LYNCH THOMAS J
ACQUIRED
-
-
1,497
-
2022-11-09
Goeckeler David
ACQUIRED
-
-
1,435
-
2022-11-09
Bisson Peter
ACQUIRED
-
-
1,497
-

1–10 of 50

Carlos A. Rodriguez
56000
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. 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, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

ADP Income Statement

2022-09-30
Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
REVENUES:  
Revenues$ 4,215.6$ 3,832.3
Costs of revenues:  
Operating expenses2,074.41,930.8
Systems development and programming costs209.8188.8
Depreciation and amortization109.4103.0
TOTAL COSTS OF REVENUES2,393.62,222.6
Selling, general, and administrative expenses800.3719.2
Interest expense51.218.5
TOTAL EXPENSES3,245.12,960.3
Other (income)/expense, net(39.5)(28.8)
EARNINGS BEFORE INCOME TAXES1,010.0900.8
Provision for income taxes231.0200.3
NET EARNINGS$ 779.0$ 700.5
BASIC EARNINGS PER SHARE (in US$ per share)$ 1.88$ 1.66
DILUTED EARNINGS PER SHARE (in US$ per share)$ 1.87$ 1.65
Basic weighted average shares outstanding (shares)414.6421.4
Diluted weighted average shares outstanding (shares)416.9423.8
Revenues, other than interest on funds held for clients and PEO revenues  
REVENUES:  
Revenues$ 2,646.5$ 2,467.7
Interest on funds held for clients  
REVENUES:  
Revenues141.0101.1
PEO Revenues  
REVENUES:  
Revenues[1]$ 1,428.1$ 1,263.5
[1]Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes of$15,534.2 million and $13,263.2 million for the three months ended September 30, 2022 and 2021, respectively.

ADP Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 1,207.7$ 1,436.3
Accounts receivable, net of allowance for doubtful accounts of $52.5 and $56.8, respectively2,939.23,170.6
Other current assets884.0628.8
Total current assets before funds held for clients5,030.95,235.7
Funds held for clients32,937.949,569.2
Total current assets37,968.854,804.9
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively8.29.1
Property, plant and equipment, net645.1652.6
Operating lease right-of-use asset419.0450.9
Deferred contract costs2,546.52,579.7
Other assets1,135.0937.4
Goodwill2,273.42,300.5
Intangible assets, net1,368.71,333.1
Total assets46,364.763,068.2
Current liabilities:  
Accounts payable82.7110.2
Accrued expenses and other current liabilities2,165.12,107.8
Accrued payroll and payroll-related expenses501.2862.6
Dividends payable428.8429.6
Short-term deferred revenues172.3188.2
Obligations under reverse repurchase agreements[1]167.6136.4
Income taxes payable176.838.4
Total current liabilities before client funds obligations3,694.53,873.2
Client funds obligations35,471.751,285.5
Total current liabilities39,166.255,158.7
Long-term debt2,987.62,987.1
Operating lease liabilities348.5370.9
Other liabilities902.1924.2
Deferred income taxes66.067.0
Long-term deferred revenues317.8335.0
Total liabilities43,788.259,842.9
Commitments and contingencies (Note 13)
Stockholders' equity:  
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none0.00.0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at September 30, 2022 and June 30, 2022; outstanding, 415.2 and 416.1 shares at September 30, 2022 and June 30, 2022, respectively63.963.9
Capital in excess of par value1,893.11,794.2
Retained earnings21,039.020,696.3
Treasury stock - at cost: 223.6 and 222.7 shares at September 30, 2022 and June 30, 2022, respectively(17,695.4)(17,335.4)
Accumulated other comprehensive (loss)/ income(2,724.1)(1,993.7)
Total stockholders’ equity2,576.53,225.3
Total liabilities and stockholders’ equity$ 46,364.7$ 63,068.2
[1]As of September 30, 2022, $167.0 million of long-term marketable securities and $0.6 million of cash and cash equivalents have been pledged as collateral under the Company's reverse repurchase agreements. As of June 30, 2022, $14.3 million of short-term marketable securities and $122.1 million of long-term marketable securities have been pledged as collateral under the Company's reverse repurchase agreements (see Note 9)