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Automatic Data Processing Inc Stock Research

ADP

238.72USD-5.15(-2.11%)Market Closed
Watchlist

Market Summary

USD238.72-5.15
Market Closed
-2.11%

ADP Alerts

  • 7 major insider sales recently.

ADP Stock Price

ADP RSI Chart

ADP Valuation

Market Cap

100.5B

Price/Earnings (Trailing)

29.45

Price/Sales (Trailing)

5.58

EV/EBITDA

18.78

Price/Free Cashflow

23.88

ADP Price/Sales (Trailing)

ADP Profitability

EBT Margin

23.98%

Return on Equity

88.27%

Return on Assets

5.45%

Free Cashflow Yield

4.19%

ADP Fundamentals

ADP Revenue

Revenue (TTM)

18.0B

Revenue Y/Y

8.48%

Revenue Q/Q

-9.13%

ADP Earnings

Earnings (TTM)

3.4B

Earnings Y/Y

24.17%

Earnings Q/Q

-25.54%

Price Action

52 Week Range

201.46273.37
(Low)(High)

Last 7 days

-1.6%

Last 30 days

-2.9%

Last 90 days

10.7%

Trailing 12 Months

5.5%

ADP Financial Health

Current Ratio

1

Debt/Equity

0.87

Debt/Cashflow

1.35

ADP Investor Care

Dividend Yield

1.96%

Dividend/Share (TTM)

4.79

Buy Backs (1Y)

0.96%

Diluted EPS (TTM)

8.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ADP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
Rodriguez Carlos A
acquired
8,874,820
169
52,254
executive chair
2023-09-12
Rodriguez Carlos A
sold
-12,955,400
247
-52,254
executive chair
2023-09-07
Rodriguez Carlos A
acquired
8,154,430
138
58,864
executive chair
2023-09-07
Rodriguez Carlos A
sold
-14,740,600
250
-58,864
executive chair
2023-09-06
Rodriguez Carlos A
sold
-9,852,000
251
-39,250
executive chair
2023-09-05
DeSilva Joseph
sold
-167,066
253
-658
corp vp
2023-09-05
Ayala John
sold
-3,008,970
253
-11,851
corp. vp
2023-09-05
Black Maria
sold
-752,306
253
-2,963
president & ceo
2023-09-05
Albinson Brock
sold
-405,732
253
-1,598
corp. vp
2023-09-05
Bonarti Michael A
sold
-1,293,110
253
-5,093
corporate vice president

1–10 of 50

Which funds bought or sold ADP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-15
CJM Wealth Advisers, Ltd.
reduced
-5.53
-42,844
593,433
0.30%
2023-09-14
IMS Capital Management
added
0.13
-21,977
1,893,110
1.05%
2023-09-13
CGC Financial Services, LLC
new
-
61,321
61,321
0.04%
2023-09-12
Farther Finance Advisors, LLC
added
8.55
14,584
217,652
0.05%
2023-09-12
DCM Advisors, LLC
unchanged
-
-5,229
404,633
0.17%
2023-09-11
Dechtman Wealth Management, LLC
new
-
202,234
202,234
0.06%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-24.19
-3,473
10,330
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
2,736,390
2,736,390
0.14%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
reduced
-85.41
-2,240,180
376,923
0.04%
2023-09-05
Westshore Wealth, LLC
new
-
391,226
391,226
0.20%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Automatic Data Processing

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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

View All Filings
Date Filed Form Type Document
Sep 14, 2023
4
Insider Trading
Sep 12, 2023
144
Notice of Insider Sale Intent
Sep 08, 2023
4
Insider Trading
Sep 07, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading

Peers (Alternatives to Automatic Data Processing)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.5B
18.0B
-2.89% 5.52%
29.45
5.58
9.18% 15.70%
70.1B
18.5B
-3.11% 14.36%
27.94
3.8
8.49% 23.72%
35.1B
19.4B
1.09% 13.19%
16.01
1.81
0.73% -2.96%
28.9B
19.7B
-17.36% -22.61%
-106.75
1.47
20.89% 45.06%
20.8B
1.5B
-0.58% 14.89%
29.1
14.19
6.49% -12.09%
MID-CAP
7.3B
6.7B
-1.47% 14.23%
19.05
1.09
8.05% 4.89%
5.8B
7.7B
-5.59% 17.19%
11.63
0.75
2.42% 91.92%
5.5B
14.2B
0.93% -24.03%
7.64
0.37
-10.50% -216.97%
2.0B
922.7M
0.52% -5.77%
19.94
2.22
8.25% 33.57%
SMALL-CAP
2.5B
468.2M
2.33% 115.59%
-15.09
5.33
20.26% 14.89%
1.7B
1.1B
-1.91% -2.55%
23.67
1.45
7.84% 61.27%
265.7M
2.0B
-10.74% -61.29%
-2.51
0.13
1.13% -9.87%
218.5M
76.3M
-43.53% 142.77%
-26.82
2.86
-2.06% 4.76%
213.0M
322.4M
-5.21% -50.22%
-2.98
0.66
-0.06% -960.96%
146.8K
203.2M
-10.73% -48.49%
-0.01
7e-4
-4.42% -884.97%

Automatic Data Processing News

Benzinga
Human Resource(HR) Software Market Analysis, 2031.
Benzinga,
7 hours ago

Returns for ADP

Cumulative Returns on ADP

16.5%


10-Year Cumulative Returns

17.8%


7-Year Cumulative Returns

12.2%


5-Year Cumulative Returns

23.8%


3-Year Cumulative Returns

Risks for ADP

What is the probability of a big loss on ADP?

30.8%


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.

Drawdowns

Financials for Automatic Data Processing

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.0%18,01217,66217,24716,88216,49816,10815,69715,36715,00514,64514,59114,56514,59014,69214,47314,29614,11013,94713,81513,56113,328
Costs and Expenses1.6%13,75813,53513,28313,06212,77712,51412,22011,97111,74111,52511,48711,47411,55511,59711,44611,35011,21611,05411,03710,94210,820
Operating Expenses0.9%8,6578,5778,4908,3968,2538,0957,8827,6897,5217,4167,3907,3797,4047,3547,2357,1727,0816,9876,9776,9146,848
  S&GA Expenses1.2%3,5513,5083,3883,3143,2333,1603,1053,0793,0412,9652,9592,9583,0033,0923,0863,0773,0643,0203,0202,9982,959
EBITDA-100.0%-4,9484,7464,5494,4014,2814,1504,0693,9323,7633,7733,7853,7703,8753,767------
EBITDA Margin-100.0%-0.28*0.28*0.27*0.27*0.27*0.26*0.26*0.26*0.26*0.26*0.26*0.26*0.26*0.26*------
Interest Expenses46.3%25317315311582.0073.0068.0063.0060.0058.0065.0082.00107125127134130125122111103
Earnings Before Taxes4.8%4,4384,2364,0613,9133,8043,6983,5743,4973,3613,1953,2063,2093,1833,2853,1923,0983,0062,6272,5182,3642,283
EBT Margin-100.0%-0.24*0.24*0.23*0.23*0.23*0.23*0.23*0.22*0.22*0.22*0.22*0.22*0.22*0.22*------
Net Income4.6%3,4123,2613,1463,0272,9492,8622,7442,6972,5992,4722,4822,4862,4662,5302,4632,3702,2931,9581,8661,9781,885
Net Income Margin-100.0%-0.18*0.18*0.18*0.18*0.18*0.17*0.18*0.17*0.17*0.17*0.17*0.17*0.17*0.17*------
Free Cashflow-100.0%-3,9353,5023,6963,1002,8393,1212,7333,0933,2173,0843,0753,0262,9822,888------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-14.9%50,97159,88254,45346,36563,06872,06859,10359,98748,77354,40849,32642,39039,16643,38349,05937,71541,88848,19638,80637,41738,849
  Current Assets-18.1%42,17151,51846,14437,96954,80563,90451,10752,04840,74246,75241,66234,81531,56435,70941,36529,50934,34240,92431,68329,95631,823
    Cash Equivalents14.0%2,0841,8281,3451,2081,4361,6341,7451,6022,5751,8921,6021,6137,0541,7051,5001,4046,7961,8262,7861,4906,542
  Net PPE2.7%681664655645653651645649685701693702704743761767764766773788794
  Goodwill0.2%2,3392,3362,3152,2732,3012,3242,3312,3262,3382,3342,3472,3262,3092,2992,3152,3032,3232,3164062,3252,244
Liabilities-15.5%47,46256,18851,46643,78859,84367,87554,05354,63743,10248,73443,42636,58133,41337,89343,69532,35436,48842,95034,04232,73834,113
  Current Liabilities-17.0%42,76851,53646,81439,16655,15963,10749,08449,67038,09544,61539,17732,33030,12734,67340,52229,20132,62839,16630,29729,03730,413
  Short Term Borrowings-------------1,0021,0021,0021,001-----
    LT Debt, Non Current0.0%2,9892,9892,9882,9882,9872,9872,9862,9862,9851,9941,9941,9941,0031,0031,0031,0032,0022,0022,0022,0022,002
Shareholder's Equity-5.0%3,5093,6942,9872,5773,2254,1935,0505,3515,6705,6745,9005,8095,7525,4915,3645,3615,4005,2464,7644,6794,736
  Retained Earnings1.2%22,11821,85821,33321,03920,69620,50520,01219,75519,45119,30818,89418,64518,43618,41717,98817,73017,50117,36916,95916,74116,547
  Additional Paid-In Capital2.0%2,1022,0621,9541,8931,7941,7371,6651,5791,5311,4801,4081,3481,3341,3151,2541,2141,1831,1401,0761,0351,015
Shares Outstanding-0.3%412414414415416418420421424426427429430430432433434434436437439
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations6.9%4,2083,9353,5023,6963,1002,8393,1212,7333,0933,2173,0843,0753,0262,9822,8882,9722,6882,6612,7722,4202,515
  Share Based Compensation-5.0%220232213210202195192184175151138128131152164166167178175175175
Cashflow From Investing18.9%-2,517-3,103-5,015-7,355-7,014-7,112-6,033-5,015-3,5153112,3323,2983,156-521-1,853-1,622-2,197-1,744-1,647-2,664-2,504
Cashflow From Financing-8.8%-15,680-14,411-5,635-13,83413,65315,8937,35115,0986,4387,997-2,6641,679-5,890-8,1176,806-3,435-207-68.70-9,424-1,408-1,655
  Dividend Payments4.6%1,9041,8201,7381,6991,6591,6211,5811,5781,5761,5711,5661,5181,4711,4221,3741,3341,2931,2281,1621,1131,064
  Buy Backs-14.1%1,1211,3051,5321,7751,9691,9521,8881,6871,3729038669101,0061,1831,0261,0209381,1541,108966989

ADP Income Statement

2023-06-30
Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
REVENUES:   
Revenues$ 18,012.2$ 16,498.3$ 15,005.4
Costs of revenues:   
Operating expenses8,657.48,252.67,520.7
Systems development and programming costs844.8798.6716.6
Depreciation and amortization451.2410.7403.0
TOTAL COSTS OF REVENUES9,953.49,461.98,640.3
Selling, general, and administrative expenses3,551.43,233.23,040.5
Interest expense253.381.959.7
TOTAL EXPENSES13,758.112,777.011,740.5
Other (income)/expense, net(183.5)(82.8)(96.3)
EARNINGS BEFORE INCOME TAXES4,437.63,804.13,361.2
Provision for income taxes1,025.6855.2762.7
NET EARNINGS$ 3,412.0$ 2,948.9$ 2,598.5
BASIC EARNINGS PER SHARE (in dollars per share)$ 8.25$ 7.04$ 6.10
DILUTED EARNINGS PER SHARE (in dollars per share)$ 8.21$ 7.00$ 6.07
Basic weighted average shares outstanding (in shares)413.7418.8426.3
Diluted weighted average shares outstanding (in shares)415.7421.1428.1
Revenues, other than interest on funds held for clients and PEO revenues   
REVENUES:   
Revenues$ 11,222.0$ 10,505.0$ 9,768.6
Interest on funds held for clients   
REVENUES:   
Revenues813.4451.8422.4
PEO Revenues   
REVENUES:   
Revenues[1]$ 5,976.8$ 5,541.5$ 4,814.4
[1]For the years ended June 30, 2023 (“fiscal 2023”), June 30, 2022 (“fiscal 2022”), and June 30,2021 (“fiscal 2021”), Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes, of$66,731.7 million, $62,619.2 million, and $51,362.3 million, respectively.

ADP Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 2,083.5$ 1,436.3
Accounts receivable, net of allowance for doubtful accounts of $53.0 and $56.8, respectively3,009.63,170.6
Other current assets743.9628.8
Total current assets before funds held for clients5,837.05,235.7
Funds held for clients36,333.649,569.2
Total current assets42,170.654,804.9
Long-term receivables, net of allowance for doubtful accounts of $0.1 and $0.1, respectively8.59.1
Property, plant and equipment, net681.4652.6
Operating lease right-of-use asset402.4450.9
Deferred contract costs2,769.72,579.7
Other assets1,255.4937.4
Goodwill2,339.42,300.5
Intangible assets, net1,343.61,333.1
Total assets50,971.063,068.2
Current liabilities:  
Accounts payable96.8110.2
Accrued expenses and other current liabilities2,342.62,107.8
Accrued payroll and payroll-related expenses941.4862.6
Dividends payable510.0429.6
Short-term deferred revenues188.6188.2
Obligations under reverse repurchase agreements[1]105.4136.4
Income taxes payable44.238.4
Total current liabilities before client funds obligations4,229.03,873.2
Client funds obligations38,538.651,285.5
Total current liabilities42,767.655,158.7
Long-term debt2,989.02,987.1
Operating lease liabilities349.9370.9
Other liabilities933.7924.2
Deferred income taxes73.667.0
Long-term deferred revenues348.1335.0
Total liabilities47,461.959,842.9
Commitments and Contingencies (Note 12)
Stockholders' equity:  
Preferred stock, $1.00 par value: Authorized, 0.3 shares; issued, none0.00.0
Common stock, $0.10 par value: authorized,1,000.0 shares; issued, 638.7 shares at June 30, 2023 and June 30, 2022; outstanding, 412.1 and 416.1 shares at June 30, 2023 and June 30, 2022, respectively63.963.9
Capital in excess of par value2,102.31,794.2
Retained earnings22,118.020,696.3
Treasury stock - at cost: 226.6 and 222.7 shares at June 30, 2023 and June 30, 2022, respectively(18,469.3)(17,335.4)
Accumulated other comprehensive (loss)/income(2,305.8)(1,993.7)
Total stockholders’ equity3,509.13,225.3
Total liabilities and stockholders’ equity$ 50,971.0$ 63,068.2
[1](A) 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. 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 8).
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.