Saturday 17 October 2026 Export ADP’s income statement to Excel — free account

Automatic Data Processing, Inc.

Automatic Data Processing, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $21.9 billion, up 6.74% from fiscal 2025. In the quarter to June 2026, revenue grew 6.77%, EPS grew 9.37%, free cash flow fell 5.49% and total debt rose 24.9%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years, revenue growth for ten; insiders bought in the last twelve months.

288.90 3.25 +1.14%

Follow ADP

Alert me

Market cap: $113.2B
P/E: 26.3×
Fwd P/E: 19.0×
Dividend yield: 2.35%
F-score: 6/9
Altman Z: 2.24
Beneish M: −2.63
Dividend safety: 84/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.75

Total sells 13.84

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	—	—	4	3	1	1	1	—	1	2	5	—

Insider Ownership 1.69%

Capital & Financial Ratios $m

Market Cap 113,190.00

Revenue 21,947.40

Net Income 4,413.50

Free Cash Flow 4,776.10

Net Debt 734.00

Current Ratio 1.05

Debt/Equity 0.82

P/E ratio 26.34

Fwd P/E 19.00

P/S ratio 5.30

P/B ratio 19.27

Past 5Y EPS Growth 12.50%

This Y EPS Growth 10.28%

Next Y EPS Growth 9.20%

Next Y revenue growth 5.83%

Next 5Y EPS Growth 9.51%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 22.63%

10-year low 10-year high

P/S against its own 10 years 63.32%

10-year low 10-year high

P/B against its own 10 years 67.60%

10-year low 10-year high

EV/Sales against its own 10 years 65.20%

10-year low 10-year high

EV/FCF against its own 10 years 18.43%

10-year low 10-year high

Dividends

Payout Ratio 0.62

Annual Dividend Rate 6.80

Annual Dividend Yield 2.35%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	6.61	1.70 1.70 1.70
2025	6.32	1.54 1.54 1.54 1.70
2024	5.74	1.40 1.40 1.40 1.54
2023	5.15	1.25 1.25 1.25 1.40
2022	4.37	1.04 1.04 1.04 1.25
2021	3.83	0.93 0.93 0.93 1.04
2020	3.66	0.91 0.91 0.91 0.93
2019	3.28	0.79 0.79 0.79 0.91
2018	2.80	0.63 0.69 0.69 0.79
2017	2.34	0.57 0.57 0.57 0.63
2016	2.16	0.53 0.53 0.53 0.57

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	2,084	3,297	7,847	4,230
Receivables	3,010	3,428	3,579	3,521
Inventory	—	—	—	—
Other	37,078	38,817	31,827	44,810
	42,171	45,543	43,252	52,561

	2023	2024	2025	2026
Payables	97	101	169	163
ST’ Debt	—	—	—	—
Other	38,644	39,889	31,382	44,555
	42,768	45,080	41,278	50,025

Compound Annual Growth %

	10y	5y	3y
Sales	6.52%	7.90%	6.81%
Cash Flow	11.11%	11.96%	8.95%
Earnings	11.45%	11.18%	8.96%
Book Value	3.01%	1.24%	19.79%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	5,175	5,359	5,939	5,474	21,947
’25	4,833	5,048	5,553	5,127	20,561
’24	4,512	4,668	5,254	4,768	19,203
’23	4,216	4,391	4,928	4,478	18,012
’22	3,832	4,025	4,513	4,128	16,498
’21	3,471	3,696	4,102	3,737	15,005

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	642	1,133	2,238	1,428	5,441
’25	824	1,150	1,526	1,439	4,940
’24	327	1,032	1,498	1,301	4,158
’23	718	900	1,404	1,186	4,208
’22	122	1,094	971	913	3,100
’21	482	706	1,252	653	3,093

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	502	991	2,044	1,239	4,776
’25	688	1,016	1,388	1,311	4,404
’24	222	903	1,343	1,154	3,623
’23	586	758	1,247	1,045	3,636
’22	19	966	826	769	2,580
’21	362	599	1,102	543	2,606

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	2.49	2.62	3.38	2.45	10.94
’25	2.34	2.35	3.06	2.23	9.98
’24	2.08	2.13	2.88	2.02	9.10
’23	1.87	1.95	2.51	1.87	8.21
’22	1.65	1.65	2.21	1.50	7.00
’21	1.40	1.51	1.90	1.26	6.07

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	94.11	107.61	126.06	103.11	159.31	192.26	201.46	231.27	247.18	188.16	Analyst estimates 2027–2029 Powerpack
	High	121.77	153.51	174.50	182.32	248.96	274.92	256.84	309.63	329.93	290.12
People
People	Employees	58,000	57,000	58,000	58,000	56,000	60,000	63,000	64,000	67,000	67,000
	Revenue/emp, $m	0.21	0.23	0.24	0.25	0.27	0.27	0.29	0.30	0.31	0.33
Income, $m
Income, $m	Revenue	12,372	13,274	14,110	14,590	15,005	16,498	18,012	19,203	20,561	21,947
	Gross margin, %	41.44	41.56	43.15	42.12	42.42	42.65	44.74	45.44	46.03	46.42
	EBT	2,617	2,283	3,006	3,183	3,361	3,804	4,438	4,872	5,310	5,730
	EBT margin, %	21.15	17.20	21.30	21.81	22.40	23.06	24.64	25.37	25.83	26.11
	Net income	1,788	1,885	2,293	2,467	2,599	2,949	3,412	3,752	4,080	4,414
	Depreciation	1,190	1,287	1,333	1,445	1,516	1,571	1,565	1,587	1,656	1,698
Per share, $
Per share, $	Revenue	27.63	30.13	32.44	33.87	35.20	39.39	43.54	46.77	50.51	54.55
	Earnings	3.87	3.68	5.27	5.73	6.10	7.04	8.25	9.14	10.02	10.97
	Cash flow	4.75	5.71	6.18	7.02	7.26	7.40	10.17	10.13	12.13	13.53
	Capex	(1.05)	(1.07)	(1.28)	(1.36)	(1.14)	(1.24)	(1.38)	(1.30)	(1.32)	(1.65)
	Free cash flow	3.70	4.64	4.90	5.66	6.11	6.16	8.79	8.82	10.82	11.87
	Book value	8.88	10.75	12.41	13.35	13.30	7.70	8.48	11.08	15.20	14.99
	Shares, m	448	441	435	431	426	419	414	411	407	402
Valuation, ×
Valuation, ×	P/E	26.41	32.58	31.51	25.98	32.67	29.88	26.67	25.76	30.81	20.41
	P/S	3.71	4.48	5.13	4.40	5.64	5.33	5.05	5.04	6.11	4.11
	P/B	11.54	12.55	13.40	11.15	14.93	27.27	25.91	21.28	20.29	14.94
	EV/Sales	3.65	4.46	5.13	4.40	5.68	5.44	5.11	5.02	5.97	4.18
	EV/FCF	27.25	28.98	34.01	26.34	32.69	34.78	25.31	26.63	27.86	19.23
Cash, $m
Cash, $m	Operating cash flow	2,126	2,515	2,688	3,026	3,093	3,100	4,208	4,158	4,940	5,441
	Capex	(471)	(470)	(559)	(587)	(487)	(519)	(572)	(535)	(536)	(665)
	Free cash flow	1,655	2,045	2,130	2,439	2,606	2,580	3,636	3,623	4,404	4,776
Balance, $m
Balance, $m	Working capital	2,843	1,411	1,715	1,438	2,647	(354)	(597)	463	1,974	2,536
	Total debt	2,002	2,002	2,264	2,005	2,985	2,987	2,989	2,991	3,975	4,964
	Net debt	(778)	(168)	305	96	410	1,551	906	(306)	(3,872)	734
	Shareholders’ equity	3,977	4,736	5,400	5,752	5,670	3,225	3,509	4,548	6,188	6,031
Returns, %
Returns, %	ROA	4.42	4.96	5.68	6.09	5.91	5.27	5.98	7.12	7.57	7.57
	ROIC	45.99	34.99	33.14	33.57	34.18	49.77	63.81	72.90	146.04	53.39
	ROE	42.27	43.27	45.24	44.23	45.50	66.30	101.33	93.14	76.00	72.24

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NOW ServiceNow, Inc.	$153.6B	88.0×	56.5×	+24.01% (above 0%: growing)	−22.04% (below 0%: shrinking)	−10.08% (below 0%: shrinking)	70.68%	4.06%	Compare
UBER Uber Technologies, Inc.	$145.6B	15.2×	24.0×	+12.17% (above 0%: growing)	+81.54% (above 0%: growing)	+12.81% (above 0%: growing)	44.93%	13.32%	Compare
SNOW Snowflake Inc.	$118.2B	— (loss-making)	— (loss-making)	+35.09% (above 0%: growing)	n/m	+47.23% (above 0%: growing)	67.02%	(17.00%)	Compare
ADP Automatic Data Processing, Inc.	$113.2B	26.3×	19.0×	+6.77% (above 0%: growing)	+9.37% (above 0%: growing)	−5.49% (below 0%: shrinking)	45.88%	23.00%
ADBE Adobe Inc.	$98.0B	13.7×	13.8×	+12.89% (above 0%: growing)	+10.77% (above 0%: growing)	+14.68% (above 0%: growing)	88.71%	34.82%	Compare
DDOG Datadog, Inc.	$95.6B	485×	420×	+35.64% (above 0%: growing)	+1,610.53% (above 0%: growing)	+68.55% (above 0%: growing)	78.59%	0.49%	Compare
CDNS Cadence Design Systems, Inc.	$89.3B	63.1×	83.7×	+24.23% (above 0%: growing)	+127.12% (above 0%: growing)	+72.50% (above 0%: growing)	84.90%	28.42%	Compare
INTU Intuit Inc.	$88.2B	19.7×	15.3×	+13.65% (above 0%: growing)	−1.47% (below 0%: shrinking)	+253.37% (above 0%: growing)	78.11%	10.91%	Compare
MSTR Strategy Inc	$63.9B	— (loss-making)	3.8×	+6.88% (above 0%: growing)	n/m	+6.40% (above 0%: growing)	66.64%	(6,808.11%)	Compare
Median of peers	$96.8B	41.4×	24.0×	+18.83%	+46.16%	+30.96%	74.40%	7.49%

All 237 Software Application stocks →

Automatic Data Processing, Inc. (ADP) key facts

Strength: Automatic Data Processing, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $21.9 billion, up 6.74% from fiscal 2025.
Automatic Data Processing, Inc. (ADP) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, ADP traded at $288.90, a market capitalization of $113.2 billion.
Automatic Data Processing, Inc. pays an annual dividend of $6.80 per share, a yield of 2.35%, with a payout ratio of 62.2%.
Return on equity was 72.2% and debt-to-equity 0.82.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.24 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated 29 September 2026

Automatic Data Processing reported revenue of $21.9 billion in FY2026 and net income of $4.4 billion in FY2026. Revenue grew 6.74% in FY2026 against FY2025, while diluted EPS reached $10.94 in FY2026. In Q4 FY2026, revenue was $5.5 billion, net income was $978.6 million, and diluted EPS was $2.45.

Margins in FY2026 included a 46.4% gross margin, a 26.3% operating margin, and a 20.1% net margin. Operating cash flow was $5.4 billion in FY2026 and free cash flow was $4.8 billion in FY2026. Total debt was $5.0 billion in FY2026, while cash and short-term investments were $4.2 billion in FY2026.

Read the full analysis →