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ADP

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

243.10USD-2.02 (-0.82%)Delayed as of 08 May 2024, 02:29 pm ET

Market Summary

ADP
USD243.10-2.02
Delayedas of 08 May 2024, 02:29 pm
-0.82%

ADP Stock Price

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ADP RSI Chart

ADP Valuation

Market Cap

100.3B

Price/Earnings (Trailing)

27.12

Price/Sales (Trailing)

5.3

EV/EBITDA

14.54

Price/Free Cashflow

24.82

ADP Price/Sales (Trailing)

ADP Profitability

EBT Margin

25.32%

Return on Equity

79.96%

Return on Assets

5.76%

Free Cashflow Yield

4.03%

ADP Fundamentals

ADP Revenue

Revenue (TTM)

18.9B

Rev. Growth (Yr)

6.62%

Rev. Growth (Qtr)

12.55%

ADP Earnings

Earnings (TTM)

3.7B

Earnings Growth (Yr)

13.59%

Earnings Growth (Qtr)

34.89%

Breaking Down ADP Revenue

52 Week Range

206.17256.84
(Low)(High)

Last 7 days

1.3%

Last 30 days

0.1%

Last 90 days

-2.1%

Trailing 12 Months

14.4%

How does ADP drawdown profile look like?

ADP Financial Health

Current Ratio

1.01

Debt/Equity

0.65

Debt/Cashflow

1.35

ADP Investor Care

Dividend Yield

1.98%

Dividend/Share (TTM)

4.79

Buy Backs (1Y)

0.93%

Diluted EPS (TTM)

8.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202418.9B000
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
May 06, 2024
Roundview Capital LLC
added
1.64
354,927
4,317,630
0.35%
May 06, 2024
Metis Global Partners, LLC
added
0.57
371,863
5,131,910
0.19%
May 06, 2024
Manchester Capital Management LLC
added
62.73
418,856
981,479
0.12%
May 06, 2024
Advisory Alpha, LLC
added
4.36
34,883
328,658
0.01%
May 06, 2024
DROMS STRAUSS ADVISORS INC /MO/ /ADV
reduced
-0.22
23,000
348,000
0.13%
May 06, 2024
CAPITAL CITY TRUST CO/FL
reduced
-1.86
52,218
1,055,150
0.29%
May 06, 2024
Aveo Capital Partners, LLC
new
-
208,025
208,025
0.02%
May 06, 2024
Valmark Advisers, Inc.
reduced
-0.98
178,139
3,078,170
0.05%
May 06, 2024
Candriam S.C.A.
reduced
-32.1
-14,330,600
38,317,400
0.24%
May 06, 2024
SG Americas Securities, LLC
added
195
8,814,000
12,888,000
0.06%

1–10 of 50

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
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
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

Peers (Alternatives to Automatic Data Processing Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.3B
18.9B
0.11% 14.39%
27.12
5.3
7.08% 13.46%
70.3B
9.4B
2.80% 50.48%
46.74
7.47
9.34% 15.98%
53.8B
4.1B
-1.08% 40.87%
39.65
13.25
10.52% 25.37%
29.3B
5.4B
-7.58% 18.00%
52.46
5.47
5.76% -4.95%
19.6B
10.3B
3.10% 65.53%
47.98
1.9
13.90% -5.05%
10.9B
3.6B
-6.04% 15.52%
20.1
3
4.33% 10.69%
MID-CAP
7.3B
6.2B
-7.07% 4.18%
20.81
1.19
-13.83% -42.32%
5.3B
2.7B
-5.44% 27.24%
9.12
1.96
15.08% 16.51%
4.4B
2.6B
-8.57% 7.98%
-225.16
1.66
-3.11% -123.81%
2.8B
8.2B
0.27% 4.61%
10.88
0.34
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
-2.99% 111.86%
18.84
0.71
104.63% 188.16%
387.8M
1.9B
-8.23% -12.51%
43.57
0.21
19.40% -4.30%
114.2M
281.2M
0.74% -1.09%
13.87
0.41
-1.68% -25.77%
54.9M
1.1M
-27.94% -56.25%
-2.29
49.78
336.95% -55.13%
8.3M
80.5M
-3.03% -16.10%
-4.62
0.1
-0.82% -207.00%

Automatic Data Processing Inc News

Latest updates
Yahoo Lifestyle UK10 hours ago
Yahoo Singapore News32 hours ago
Yahoo Movies Canada06 May 202412:08 am
Sure Dividend19 Apr 202407:56 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue12.5%5,2544,6684,5124,4784,9284,3914,2164,1284,5134,0253,8323,7374,1023,6963,4713,3774,0483,6703,4963,4993,828
Costs and Expenses5.1%3,7723,5893,4873,5493,6003,3633,2453,3273,3483,1422,9603,0633,0552,8922,7302,8483,0162,8802,8112,8902,865
Operating Expenses8.7%2,4072,2132,1582,1492,3002,1352,0742,0692,2132,0411,9311,9112,0001,8481,7621,8061,9741,8361,7881,7561,855
  S&GA Expenses2.0%941923880957938856800914818782719841763756681766757754727855750
  R&D Expenses6.1%243229237-209204210--------------
EBITDA Margin2.1%0.30*0.30*0.29*0.29*0.28*0.28*0.27*0.27*0.27*0.26*0.26*0.26*---------
Interest Expenses-40.2%63.0010592.0010738.0057.0051.0027.0018.0018.0019.0017.0014.0014.0015.0016.0020.0032.0040.0034.0022.00
Income Taxes36.2%361265233229321245231178261216200159256185163120256184157158231
Earnings Before Taxes35.2%1,5461,1441,0931,0061,3641,0581,0108031,1909109016971,0668337655311,077836739633985
EBT Margin2.2%0.25*0.25*0.25*0.25*0.24*0.24*0.23*0.23*0.23*0.23*0.23*0.22*---------
Net Income34.9%1,1858788597771,043813779626929694701538811648602412821652582476754
Net Income Margin2.2%0.20*0.19*0.19*0.19*0.18*0.18*0.18*0.18*0.18*0.17*0.18*0.17*---------
Free Cashflow45.1%1,4981,0323271,1861,4049007189139711,094122653---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets12.5%64,18257,06949,32450,97159,88254,45346,36563,06872,06859,10359,98748,77354,40849,32642,39039,16643,38349,05937,71541,88848,196
  Current Assets14.6%55,64048,54340,48042,17151,51846,14437,96954,80563,90451,10752,04840,74246,75241,66234,81531,56435,70941,36529,50934,34240,924
    Cash Equivalents1126.2%20,1251,6411,4412,0841,8281,3451,20822,7831,6341,7451,6022,5751,8921,6021,6137,0541,7051,5001,4046,7961,826
  Net PPE0.8%677671660681664655645653651645649685701693702704743761767764766
  Goodwill-0.6%2,3552,3702,3532,3392,3362,3152,2732,3012,3242,3312,3262,3382,3342,3472,3262,3092,2992,3152,3032,3232,316
Liabilities12.9%59,55552,75045,85147,46256,18851,46643,78859,84367,87554,05354,63743,10248,73443,42636,58133,41337,89343,69532,35436,48842,950
  Current Liabilities14.1%54,90248,09841,22942,76851,53646,81439,16655,15963,10749,08449,67038,09544,61539,17732,33030,12734,67340,52229,20132,62839,166
  Short Term Borrowings----------------1,0021,0021,0021,001--
  Long Term Debt0.0%2,9912,9902,9902,9892,9892,9882,9882,9872,9872,9862,9862,9851,9941,9941,9941,0031,0031,0031,0032,0022,002
    LT Debt, Non Current-100.0%-2,9902,9902,9892,9892,9882,9882,9872,9872,9862,9862,9851,9941,9941,9941,0031,0031,0031,0032,0022,002
Shareholder's Equity7.1%4,6274,3203,4733,5093,6942,9872,5773,2254,1935,0505,3515,6705,6745,9005,8095,7525,4915,3645,3615,4005,246
  Retained Earnings2.7%23,36622,75722,45522,11821,85821,33321,03920,69620,50520,01219,75519,45119,30818,89418,64518,43618,41717,98817,73017,50117,369
  Additional Paid-In Capital4.0%2,3542,2632,1892,1022,0621,9541,8931,7941,7371,6651,5791,5311,4801,4081,3481,3341,3151,2541,2141,1831,140
Shares Outstanding-0.2%410411412412414414415416420421421426---------
Float------98,850---103,549---75,330---73,533---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations45.1%1,4981,0323271,1861,4049007189139711,0941226531,2527064827771,1196984337321,025
  Share Based Compensation-23.5%56.0074.0059.0044.0068.0058.0051.0056.0048.0056.0042.0049.0046.0047.0034.0024.0033.0036.0037.0045.0045.00
Cashflow From Investing-891.0%-1,094138-216-464-583108-1,577-1,050-2,495-2,232-1,236-1,148-1,416-1,2132642,678604-247122-999-728
Cashflow From Financing2.6%5,8685,720-1,903-9,9943,9386,678-16,302-8,72512,714-1,52011,185-6,4864,1726,2272,524-4,926-6,48910,571-5,045-7,1538,434
  Dividend Payments-100.0%-516516518521433433434438394393396398391391392393343343343345
  Buy Backs14.4%292255250304264220333488491463528470427262214-391305310177234
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ADP Income Statement

2024-03-31
Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
REVENUES:    
TOTAL REVENUES$ 5,253.8$ 4,927.8$ 14,434.1$ 13,534.4
Costs of revenues:    
Operating expenses2,406.52,299.86,777.46,508.7
Research and development242.7208.6707.8622.6
Depreciation and amortization119.0115.4359.9336.8
TOTAL COSTS OF REVENUES2,768.22,623.87,845.17,468.1
Selling, general, and administrative expenses940.9938.02,743.62,594.2
Interest expense62.738.3259.2146.4
TOTAL EXPENSES3,771.83,600.110,847.910,208.7
Other (income)/expense, net(64.3)(36.3)(196.8)(106.3)
EARNINGS BEFORE INCOME TAXES1,546.31,364.03,783.03,432.0
Provision for income taxes361.4320.9860.3796.7
NET EARNINGS$ 1,184.9$ 1,043.1$ 2,922.7$ 2,635.3
Earnings Per Share [Abstract]    
BASIC EARNINGS PER SHARE (in USD per share)$ 2.89$ 2.52$ 7.11$ 6.36
DILUTED EARNINGS PER SHARE (in USD per share)$ 2.88$ 2.51$ 7.07$ 6.33
Basic weighted average shares outstanding (in shares)410.5413.7411.1414.2
Diluted weighted average shares outstanding (in shares)412.1415.5413.6416.2
Revenues, other than interest on funds held for clients and PEO revenues    
REVENUES:    
TOTAL REVENUES$ 3,270.3$ 3,088.7$ 9,011.7$ 8,437.3
Interest on funds held for clients    
REVENUES:    
TOTAL REVENUES320.8249.4747.9577.7
PEO Revenues    
REVENUES:    
TOTAL REVENUES[1]$ 1,662.7$ 1,589.7$ 4,674.5$ 4,519.4
[1]Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes of $18,339.6 million and $17,301.8 million for the three months ended March 31, 2024 and 2023, respectively, and $52,713.4 million and $50,688.4 million for the nine months ended March 31, 2024 and 2023, respectively.

ADP Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 3,291.7$ 2,083.5
Accounts receivable, net of allowance for doubtful accounts of $51.5 and $53.0, respectively3,460.73,009.6
Other current assets957.7743.9
Total current assets before funds held for clients7,710.15,837.0
Funds held for clients47,929.536,333.6
Total current assets55,639.642,170.6
Long-term receivables, net of allowance for doubtful accounts of $0.2 and $0.1, respectively7.08.5
Property, plant and equipment, net676.5681.4
Operating lease right-of-use asset354.8402.4
Deferred contract costs2,838.32,769.7
Other assets1,014.71,255.4
Goodwill2,355.42,339.4
Intangible assets, net1,295.31,343.6
Total assets64,181.650,971.0
Current liabilities:  
Accounts payable84.696.8
Accrued expenses and other current liabilities3,714.52,342.6
Accrued payroll and payroll-related expenses722.1941.4
Dividends payable568.9510.0
Short-term deferred revenues189.1188.6
Obligations under reverse repurchase agreements[1]0.0105.4
Income taxes payable110.444.2
Total current liabilities before client funds obligations5,389.64,229.0
Client funds obligations49,512.338,538.6
Total current liabilities54,901.942,767.6
Long-term debt2,990.72,989.0
Operating lease liabilities309.1349.9
Other liabilities935.5933.7
Deferred income taxes64.473.6
Long-term deferred revenues353.3348.1
Total liabilities59,554.947,461.9
Commitments and contingencies (Note 13)
Stockholders' equity:  
Preferred stock, $1.00 par value: authorized, 0.3 shares; issued, none0.00.0
Common stock, $0.10 par value: authorized, 1,000.0 shares; issued, 638.7 shares at March 31, 2024 and June 30, 2023; outstanding, 409.8 and 412.1 shares at March 31, 2024 and June 30, 2023, respectively63.963.9
Capital in excess of par value2,354.02,102.3
Retained earnings23,366.122,118.0
Treasury stock - at cost: 228.9 and 226.6 shares at March 31, 2024 and June 30, 2023, respectively(19,305.4)(18,469.3)
Accumulated other comprehensive (loss)/ income(1,851.9)(2,305.8)
Total stockholders’ equity4,626.73,509.1
Total liabilities and stockholders’ equity$ 64,181.6$ 50,971.0
[1]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 May 07 2024, market cap of Automatic Data Processing Inc is 100.32 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 May 07 2024, ADP's PE ratio (Price to Earnings) is 27.12 and Price to Sales (PS) ratio is 5.3. 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 0.158 (multiply by 100 for percentage) rate of return.