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Automatic Data Processing, Inc. logo

Automatic Data Processing, Inc.

ADP

NASDAQTechnologySoftware - Application

Open in GoAI

Previous close

$280.81

+$1.60 · +0.57%

Aug 21, 4:00 PM ET

Pre-market

$281.01

+$0.20 · +0.07%

Aug 24, 6:40 AM ET

ADP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

80

Undervalued

Momentum

46

Neutral

Sentiment

70

Bullish

Risk resilience

68

Moderate Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a wide array of services such as payroll processing, benefits administration, talent acquisition and management, general HR and workforce management, insurance, retirement planning, and regulatory compliance, often integrated into holistic HCM solutions. Conversely, the Professional Employer Organization (PEO) segment specializes in offering HR outsourcing to small and mid-sized businesses, leveraging a co-employment framework. This segment's offerings span robust benefits packages, regulatory protection and compliance, talent engagement strategies, specialized HR expertise, all-encompassing outsourcing, and even recruitment process outsourcing. Established in 1949, ADP maintains its corporate headquarters in Roseland, New Jersey.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Maria Black
Listed since
Mar 17, 1980
Employees
67,000

Market position

Day range

Current $280.81

52-week range

Current $280.81

Open
$279.5
Previous close
$279.21
Volume
2.61M
0.95× average
Average volume
2.75M
Average daily volume
Market cap
112.25B USD
Beta
0.82
Market reference 1
50-day average
$249.48
+12.56% above average
200-day average
$235.62
+19.18% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
90.49B USD
P/E (TTM)
25.6×
P/B (TTM)
18.6×
P/S (TTM)
5.11×
EV / EBITDA
14.24×
Earnings yield
4.93%
Free cash flow yield
5.86%
Dividend yield
2.36%

Profitability & efficiency

Gross margin
48.19%
Operating margin
18.58%
Net margin
20.11%
Return on equity
73.18%
Return on assets
6.98%
Return on invested capital
23.85%

Financial health

Debt / equity
0.87×
Current ratio
0.17×
Altman Z-score
1.64
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%41%28%15%Gross margin, FY2022: 46.86%Gross margin, FY2023: 48.89%Gross margin, FY2024: 49.94%Gross margin, FY2025: 50.84%Gross margin, FY2026: 48.19%Operating margin, FY2022: 23.05%Operating margin, FY2023: 25.02%Operating margin, FY2024: 25.74%Operating margin, FY2025: 26.32%Operating margin, FY2026: 18.58%Net margin, FY2022: 17.87%Net margin, FY2023: 18.94%Net margin, FY2024: 19.54%Net margin, FY2025: 19.84%Net margin, FY2026: 20.11%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 46.86%. Gross margin FY2023 48.89%. Gross margin FY2024 49.94%. Gross margin FY2025 50.84%. Gross margin FY2026 48.19%. Operating margin FY2022 23.05%. Operating margin FY2023 25.02%. Operating margin FY2024 25.74%. Operating margin FY2025 26.32%. Operating margin FY2026 18.58%. Net margin FY2022 17.87%. Net margin FY2023 18.94%. Net margin FY2024 19.54%. Net margin FY2025 19.84%. Net margin FY2026 20.11%.

Income trends

Revenue

21.95B USD+6.74%

Operating income

4.08B USD-24.64%

Net income

4.41B USD+8.18%
Income trends across reported periods23.85B USD16.25B USD8.65B USD1.05B USDRevenue, FY2022: 16.5B USDRevenue, FY2023: 18.01B USDRevenue, FY2024: 19.2B USDRevenue, FY2025: 20.56B USDRevenue, FY2026: 21.95B USDOperating income, FY2022: 3.8B USDOperating income, FY2023: 4.51B USDOperating income, FY2024: 4.94B USDOperating income, FY2025: 5.41B USDOperating income, FY2026: 4.08B USDNet income, FY2022: 2.95B USDNet income, FY2023: 3.41B USDNet income, FY2024: 3.75B USDNet income, FY2025: 4.08B USDNet income, FY2026: 4.41B USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 16.5B USD. Revenue FY2023 18.01B USD. Revenue FY2024 19.2B USD. Revenue FY2025 20.56B USD. Revenue FY2026 21.95B USD. Operating income FY2022 3.8B USD. Operating income FY2023 4.51B USD. Operating income FY2024 4.94B USD. Operating income FY2025 5.41B USD. Operating income FY2026 4.08B USD. Net income FY2022 2.95B USD. Net income FY2023 3.41B USD. Net income FY2024 3.75B USD. Net income FY2025 4.08B USD. Net income FY2026 4.41B USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue21.95B USD20.56B USD19.2B USD18.01B USD16.5B USD
Cost of goods sold11.37B USD10.11B USD9.61B USD9.21B USD8.77B USD
Gross profit10.58B USD10.45B USD9.59B USD8.81B USD7.73B USD
Research and development774.9M USD988.6M USD955.7M USD844.8M USD798.6M USD
Selling, general, and administrative4.41B USD4.05B USD3.69B USD3.45B USD3.13B USD
Operating expenses6.5B USD5.04B USD4.65B USD4.3B USD3.93B USD
Interest income375.6M USD319.5M USD241.3M USD149.5M USD41M USD
Interest expense459.2M USD455.9M USD365.8M USD257.7M USD86.3M USD
Depreciation and amortization490.8M USD486M USD561.9M USD549.3M USD515.1M USD
Operating income4.08B USD5.41B USD4.94B USD4.51B USD3.8B USD
Net income4.41B USD4.08B USD3.75B USD3.41B USD2.95B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+2.38%
11 comparable reports
Latest EPS result
2.64
Estimate 2.59 · Beat by 1.93%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.53.032.572.1Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 2.35, estimate 2.3, surprise +2.17%, Beat. Q2 2025, reported Apr 30, 2025: actual 3.06, estimate 2.97, surprise +3.03%, Beat. Q3 2025, reported Jul 30, 2025: actual 2.26, estimate 2.23, surprise +1.35%, Beat. Q4 2025, reported Oct 29, 2025: actual 2.49, estimate 2.44, surprise +2.05%, Beat. Q1 2026, reported Jan 28, 2026: actual 2.62, estimate 2.57, surprise +1.95%, Beat. Q2 2026, reported Apr 29, 2026: actual 3.37, estimate 3.3, surprise +2.12%, Beat. Q3 2026, reported Jul 29, 2026: actual 2.64, estimate 2.59, surprise +1.93%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 2.78, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.18B5.7B5.21B4.73BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 5.05B USD, estimate 4.97B USD, surprise +1.57%, Beat. Q2 2025, reported Apr 30, 2025: actual 5.55B USD, estimate 5.49B USD, surprise +1.12%, Beat. Q3 2025, reported Jul 30, 2025: actual 5.13B USD, estimate 5.04B USD, surprise +1.64%, Beat. Q4 2025, reported Oct 29, 2025: actual 5.18B USD, estimate 5.14B USD, surprise +0.78%, Beat. Q1 2026, reported Jan 28, 2026: actual 5.36B USD, estimate 5.34B USD, surprise +0.42%, Beat. Q2 2026, reported Apr 29, 2026: actual 5.94B USD, estimate 5.85B USD, surprise +1.49%, Beat. Q3 2026, reported Jul 29, 2026: actual 5.47B USD, estimate 5.44B USD, surprise +0.67%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 5.48B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

36 ratings
Strong buy00%
Buy822%
Hold2364%
Sell514%
Strong sell00%

Recent analyst actions

12 institutions

ADP news

defenseworld.net

Danske Bank A S Invests $1.23 Million in Automatic Data Processing, Inc. $ADP

Danske Bank A S purchased a new position in shares of Automatic Data Processing, Inc. (NASDAQ: ADP) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund…

Read source
defenseworld.net

Advisors Capital Management LLC Purchases New Position in Automatic Data Processing, Inc. $ADP

Advisors Capital Management LLC purchased a new stake in Automatic Data Processing, Inc. (NASDAQ: ADP) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund…

Read source
zacks.com

ADP Stock Rises 13.4% in a Month: Here's What You Should Know

ADP's 13.4% monthly gain reflects stronger profitability, innovation initiatives, solid liquidity and a consistent commitment to shareholder returns.

Read source
fool.com

Automatic Data Processing vs. Microsoft: Which Technology Stock Is a Better Buy in 2026?

Automatic Data Processing maintains a massive global footprint, serving over 1.1 million clients in the human capital management space. Microsoft continues to leverage its dominant position in cloud computing and…

Read source
prnewswire.com

ADP National Employment Report Preliminary Estimate for August 1, 2026

ROSELAND, N.J., Aug. 18, 2026 /PRNewswire/ -- For the four weeks ending August 1, 2026, U.S. private employers added an average of 9,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP…

Read source
defenseworld.net

Baxter Bros Inc. Takes Position in Automatic Data Processing, Inc. $ADP

Baxter Bros Inc. acquired a new stake in shares of Automatic Data Processing, Inc. (NASDAQ: ADP) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$6.32

2025 complete year+65.0% since 2021

2026 partial: $3.40

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 11, 2026

$1.70

Quarterly

Record Sep 11, 2026 · Payment Oct 1, 2026

Dividend

Ex-dividend Jun 12, 2026

$1.70

Quarterly

Record Jun 12, 2026 · Payment Jul 1, 2026

Dividend

Ex-dividend Mar 13, 2026

$1.70

Quarterly

Record Mar 13, 2026 · Payment Apr 1, 2026

Dividend

Ex-dividend Dec 12, 2025

$1.70

Quarterly

Record Dec 12, 2025 · Payment Jan 1, 2026

Dividend

Ex-dividend Sep 12, 2025

$1.54

Quarterly

Record Sep 12, 2025 · Payment Oct 1, 2025

Dividend

Ex-dividend Jun 13, 2025

$1.54

Quarterly

Record Jun 13, 2025 · Payment Jul 1, 2025

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ETFs holding ADP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
3.39B
Weight
0.15%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Schwab U.S. Dividend Equity ETF logoSchwab U.S. Dividend Equity ETFSCHD
Market value
3.05B
Weight
2.72%
AUM
112B USD
Expense ratio
0.06%
Price / 1D
$35.11+0.80%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
2.8B
Weight
0.17%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Invesco QQQ Trust, Series 1 logoInvesco QQQ Trust, Series 1QQQ
Market value
2.4B
Weight
0.49%
AUM
485.41B USD
Expense ratio
0.18%
Price / 1D
$713.44+0.35%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
1.5B
Weight
0.17%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
1.39B
Weight
0.17%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
1.01B
Weight
0.39%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
State Street Industrial Select Sector SPDR ETF logoState Street Industrial Select Sector SPDR ETFXLI
Market value
658.74M
Weight
1.98%
AUM
33.33B USD
Expense ratio
0.08%
Price / 1D
$180.25+0.27%

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