Overview
AUTOMATIC DATA PROCESSING INC
Latest 10-K: FY2026, filed Aug 5, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $21.95B
- 6.7%YoYup from FY2025
- TotalRevenue
- Gross profit
- $10.19B
- 7.6%YoYup from FY2025
- GrossProfit
- Net income
- $4.41B
- 8.2%YoYup from FY2025
- NetIncome
- Diluted EPS
- $10.94
- 9.6%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 403.3M
- 1.3%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- AUTOMATIC DATA PROCESSING INC reported revenue of $21.95B for fiscal 2026, up 6.7% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 3 of the last 4 fiscal years.
Profitability
- Net margin was 20.1%.
Per share
- Diluted EPS was $10.94, up 9.6% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $21.95B6.7%up | $20.56B7.1%up Benchmark median 6.4% | $19.20B6.6%up Benchmark median 4.5% | $18.01B9.2%up Benchmark median 4.8% | $16.50B9.9%up Benchmark median 10.3% | 7.4% |
| Gross Profit Median of 315 / 498 | $10.19B7.6%up | $9.46B8.5%up Benchmark median 6.8% | $8.73B8.3%up Benchmark median 5.5% | $8.06B14.5%up Benchmark median 5.2% | $7.04B10.5%up Benchmark median 8.3% | 9.7% |
| Operating Income Median of 373 / 498 | — | — | — | — | — | — |
| Net Income | $4.41B8.2%up | $4.08B8.7%up Benchmark median 4.8% | $3.75B10.0%up Benchmark median 5.7% | $3.41B15.7%up Benchmark median 1.9% | $2.95B13.5%up Benchmark median 1.3% | 10.6% |
| EPS (Diluted) | $10.949.6%up | $9.989.7%up Benchmark median 6.2% | $9.1010.8%up Benchmark median 7.9% | $8.2117.3%up Benchmark median 1.9% | $7.0015.3%up Benchmark median 1.5% | 11.8% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $63.19B18.4%up | $53.37B1.8%down Benchmark median 5.6% | $54.36B6.7%up Benchmark median 3.4% | $50.97B19.2%down Benchmark median 4.1% | $63.07B29.3%up Benchmark median 2.2% | 0.0% |
| Total Liabilities Median of 357 / 498 | $57.16B21.2%up | $47.18B5.3%down Benchmark median 6.4% | $49.82B5.0%up Benchmark median 1.9% | $47.46B20.7%down Benchmark median 2.9% | $59.84B38.8%up Benchmark median 2.0% | -1.1% |
| Stockholders' Equity | $6.03B2.5%down | $6.19B36.1%up Benchmark median 6.8% | $4.55B29.6%up Benchmark median 5.4% | $3.51B8.8%up Benchmark median 7.3% | $3.23B43.1%down Benchmark median 2.5% | 16.9% |
| Cash & Equivalents | $4.23B26.4%up | $3.35B14.9%up Benchmark median 5.2% | $2.91B39.8%up Benchmark median 1.9% | $2.08B45.1%up Benchmark median 6.7% | $1.44B44.2%down Benchmark median -8.6% | 31.0% |
| Total Debt | $4.96B43.2%down | $8.74B192.3%up Benchmark median 2.1% | $2.99B0.1%up Benchmark median 0.2% | $2.99B0.1%up Benchmark median 0.3% | $2.99B0.1%up Benchmark median 0.1% | 13.5% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.44B10.2%up | $4.94B18.8%up Benchmark median 6.3% | $4.16B1.2%down Benchmark median 4.8% | $4.21B35.8%up Benchmark median 9.9% | $3.10B0.2%up Benchmark median -0.7% | 15.1% |
| Capital Expenditures | — | — | — | — | — | — |
| Free Cash Flow Median of 378 / 498 | — | — | — | — | — | — |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
4.9%
Wall Street
on net earnings
FY2025 3.2%
— Not reported
Value investor
on free cash flow
FY2025 — Not reported
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 20.5×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
6.7%
Wall Street
on book equity
FY2025 4.9%
1.2%
Value investor
on tangible book
FY2025 1.0%
Gap −5.5 pts: Value-investor figure 5.5 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 15.0×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
72.2%
Wall Street
ROE: net income ÷ equity
FY2025 76.0%
— Not reported
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 — Not reported
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.05×
Wall Street
Current ratio
FY2025 1.05×
1.05×
Value investor
Quick ratio, inventory excluded
FY2025 1.05×
Gap Same: Both views read the same
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Sector Peers
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Research Reports
No published research on ADP yet.
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Cite this page
Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/ADP
Valuein. (2026, October 30). AUTOMATIC DATA PROCESSING INC (ADP) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/ADP
@misc{valuein_adp_2026,
author = {{Valuein}},
title = {AUTOMATIC DATA PROCESSING INC (ADP) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/ADP}},
note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}10-K filed Aug 5, 2026 · accession 0000008670-26-000030
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