Automatic Data Processing, Inc.

ADP Technology Software Application

Automatic Data Processing, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $21.9 billion, up 6.74% from fiscal 2025.

Revenue
+6.10%
EPS
+13.5%
Free cash flow
−4.05%
Total debt
+24.9%

Quarter to September 2026, against a year earlier

303.58 3.56 −1.16%
Market cap
$121.3B
P/E
27.1×
Fwd P/E
23.8×
Dividend yield
2.22%
F-score
6/9
Altman Z
2.24
Beneish M
−2.63
Dividend safety
84/100

Automatic Data Processing, Inc. (ADP) Gross margin

Alert me on Gross margin

Automatic Data Processing, Inc.'s gross margin over the twelve months to 30 September 2026 was 46.6%, up 0.2 percentage points from fiscal 2026 (46.4%). Over the past ten years it has ranged from 41.2% (fiscal 2015) to 46.4% (fiscal 2026) — the current reading is the highest in ten years. That is below the Software Application industry median of 66.9% and in line with the Technology sector median of 46.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2026 46.4% 0.39
FY2025 46.0% 0.59
FY2024 45.4% 0.70
FY2023 44.7% 2.09
FY2022 42.7% 0.23
FY2021 42.4% 0.30
FY2020 42.1% (1.03)
FY2019 43.2% 1.59
FY2018 41.6% 0.12
FY2017 41.4% 0.07

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 46.0% 0.12
Jun 2026 45.9% (2.40)
Mar 2026 48.3% 2.20
Dec 2025 46.1% 0.88
43 more quarters

Against its own ten years

Low 41.2% High 46.4%
Ten-year median 42.5%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
ADBE Adobe Inc. compare 89.3%
CDNS Cadence Design Systems, Inc. compare 85.7%
INTU Intuit Inc. compare 80.2%
CRM Salesforce, Inc. compare 77.3%
NOW ServiceNow, Inc. compare 73.1%
SNOW Snowflake Inc. compare 67.0%
SHOP Shopify Inc. compare 47.5%
ADP Automatic Data Processing, Inc. 46.6%
UBER Uber Technologies, Inc. compare 43.2%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on ADP