Automatic Data Processing (ADP) Financial Statements
Price: $290.55
Market Cap: $118.22B
Avg Volume: 1.81M
Market Cap: $118.22B
Avg Volume: 1.81M
Country: US
Industry: Staffing & Employment Services
Sector: Industrials
Industry: Staffing & Employment Services
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Automatic Data Processing.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.20B | $18.01B | $16.50B | $15.01B | $14.59B | $13.61B | $12.86B | $11.98B | $11.29B | $10.56B |
| Cost of Revenue | $10.48B | $9.95B | $9.46B | $8.64B | $8.45B | $8.09B | $7.84B | $7.27B | $6.84B | $6.43B |
| Gross Profit | $8.73B | $8.06B | $7.04B | $6.37B | $6.14B | $5.53B | $5.02B | $4.71B | $4.45B | $4.13B |
| Gross Profit Ratio | 45.40% | 44.70% | 42.65% | 42.40% | 42.12% | 40.60% | 39.01% | 39.33% | 39.42% | 39.14% |
| Research and Development Expenses | $955.70M | $844.80M | $798.60M | $716.60M | $674.10M | $636.30M | $635.40M | $627.50M | $603.70M | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $2.97B | $2.78B | $2.64B | $2.50B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $3.78B | $3.55B | $3.23B | $3.04B | $3.00B | $3.06B | $2.97B | $2.78B | $2.64B | $2.50B |
| Other Expenses | $- | $50.80M | $61.70M | $58.60M | $74.50M | $6.70M | $- | $- | $- | $- |
| Operating Expenses | $4.20B | $3.55B | $3.23B | $3.04B | $3.00B | $3.06B | $2.97B | $2.78B | $2.64B | $2.50B |
| Cost and Expenses | $14.21B | $13.50B | $12.70B | $11.68B | $11.45B | $11.15B | $10.81B | $10.05B | $9.48B | $8.92B |
| Interest Income | $1.27B | $149.50M | $41.00M | $36.50M | $84.50M | $659.50M | $550.00M | $474.10M | $439.70M | $434.60M |
| Interest Expense | $361.40M | $253.30M | $81.90M | $59.70M | $107.10M | $129.90M | $102.70M | $80.00M | $56.20M | $6.50M |
| Depreciation and Amortization | $561.90M | $549.30M | $515.10M | $510.70M | $480.00M | $409.00M | $377.60M | $316.10M | $288.60M | $277.90M |
| EBITDA | $5.80B | $5.24B | $4.41B | $3.93B | $3.77B | $3.54B | $2.76B | $2.93B | $2.58B | $2.36B |
| EBITDA Ratio | 30.20% | 21.97% | 19.93% | 18.75% | 18.24% | 15.08% | 12.97% | 13.46% | 13.50% | 12.86% |
| Operating Income | $4.98B | $4.51B | $3.80B | $3.32B | $3.14B | $2.46B | $2.05B | $1.93B | $1.81B | $1.64B |
| Operating Income Ratio | 25.92% | 25.02% | 23.05% | 22.16% | 21.53% | 18.09% | 15.90% | 16.10% | 16.06% | 15.49% |
| Total Other Income Expenses Net | $-104.90M | $-69.80M | $900.00K | $36.60M | $40.90M | $-18.80M | $237.40M | $177.40M | $44.20M | $56.70M |
| Income Before Tax | $4.87B | $4.44B | $3.80B | $3.36B | $3.18B | $3.01B | $2.17B | $2.53B | $2.23B | $2.07B |
| Income Before Tax Ratio | 25.37% | 24.64% | 23.06% | 22.40% | 21.81% | 22.08% | 16.88% | 21.12% | 19.79% | 19.61% |
| Income Tax Expense | $1.12B | $1.03B | $855.20M | $762.70M | $716.10M | $712.80M | $550.30M | $797.70M | $741.30M | $694.20M |
| Net Income | $3.75B | $3.41B | $2.95B | $2.60B | $2.47B | $2.29B | $1.62B | $1.73B | $1.49B | $1.45B |
| Net Income Ratio | 19.54% | 18.94% | 17.87% | 17.32% | 16.91% | 16.84% | 12.60% | 14.47% | 13.22% | 13.75% |
| EPS | $9.14 | $8.25 | $7.04 | $6.10 | $5.73 | $5.27 | $3.68 | $3.87 | $3.27 | $3.07 |
| EPS Diluted | $9.10 | $8.21 | $7.00 | $6.07 | $5.70 | $5.24 | $3.66 | $3.85 | $3.25 | $3.05 |
| Weighted Average Shares Outstanding | 410.60M | 413.70M | 418.80M | 426.30M | 430.80M | 435.00M | 440.60M | 447.80M | 457.00M | 472.60M |
| Weighted Average Shares Outstanding Diluted | 412.20M | 415.70M | 421.10M | 428.10M | 432.70M | 437.60M | 443.30M | 450.30M | 459.10M | 475.80M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.91B | $2.08B | $1.44B | $2.58B | $1.91B | $1.95B | $2.17B | $2.78B | $3.19B | $1.64B |
| Short Term Investments | $- | $14.70M | $32.70M | $- | $- | $10.50M | $3.30M | $3.20M | $23.50M | $26.60M |
| Cash and Short Term Investments | $2.91B | $2.10B | $1.47B | $2.58B | $1.91B | $1.96B | $2.17B | $2.78B | $3.21B | $1.67B |
| Net Receivables | $3.43B | $3.01B | $3.17B | $2.73B | $2.44B | $2.44B | $1.98B | $1.70B | $1.74B | $1.55B |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $39.20B | $37.06B | $50.17B | $35.44B | $27.21B | $29.94B | $27.67B | $28.17B | $34.54B | $25.60B |
| Total Current Assets | $45.54B | $42.17B | $54.80B | $40.74B | $31.56B | $34.34B | $32.05B | $32.66B | $39.50B | $28.81B |
| Property Plant Equipment Net | $1.06B | $1.08B | $1.10B | $1.15B | $1.20B | $764.20M | $793.70M | $779.90M | $685.00M | $672.00M |
| Goodwill | $2.35B | $2.34B | $2.30B | $2.34B | $2.31B | $2.32B | $2.24B | $1.74B | $1.68B | $1.79B |
| Intangible Assets | $1.34B | $1.34B | $1.33B | $1.21B | $1.22B | $1.07B | $886.40M | $620.20M | $534.20M | $503.20M |
| Goodwill and Intangible Assets | $3.69B | $3.68B | $3.63B | $3.55B | $3.53B | $3.39B | $3.13B | $2.36B | $2.22B | $2.30B |
| Long Term Investments | $- | $-73.60M | $122.10M | $-482.90M | $-731.90M | $-659.90M | $-81.80M | $-2.52B | $7.80M | $28.90M |
| Tax Assets | $- | $73.60M | $67.00M | $482.90M | $731.90M | $659.90M | $107.30M | $163.10M | $251.10M | $172.10M |
| Other Non-Current Assets | $4.07B | $4.03B | $3.34B | $3.34B | $2.88B | $3.39B | $1.09B | $3.74B | $1.01B | $1.13B |
| Total Non-Current Assets | $8.82B | $8.80B | $8.26B | $8.03B | $7.60B | $7.55B | $5.04B | $4.52B | $4.17B | $4.30B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $54.36B | $50.97B | $63.07B | $48.77B | $39.17B | $41.89B | $37.09B | $37.18B | $43.67B | $33.11B |
| Account Payables | $100.60M | $96.80M | $110.20M | $141.10M | $102.00M | $125.50M | $135.40M | $149.70M | $152.30M | $194.50M |
| Short Term Debt | $478.70M | $202.10M | $232.70M | $23.50M | $1.11B | $262.00M | $- | $- | $- | $- |
| Tax Payables | $15.10M | $44.20M | $38.40M | $58.20M | $40.10M | $54.80M | $43.90M | $49.00M | $28.20M | $27.20M |
| Deferred Revenue | $199.80M | $188.60M | $188.20M | $203.90M | $212.50M | $220.70M | $226.50M | $232.90M | $233.20M | $228.60M |
| Other Current Liabilities | $44.29B | $42.24B | $54.59B | $37.67B | $28.77B | $31.96B | $30.01B | $29.38B | $35.43B | $26.66B |
| Total Current Liabilities | $45.08B | $42.77B | $55.16B | $38.09B | $30.13B | $32.63B | $30.41B | $29.82B | $35.85B | $27.11B |
| Long Term Debt | $3.32B | $3.34B | $3.36B | $3.67B | $1.35B | $2.00B | $2.00B | $2.00B | $2.01B | $9.20M |
| Deferred Revenue Non-Current | $360.10M | $348.10M | $335.00M | $362.40M | $370.60M | $399.30M | $377.80M | $391.40M | $381.10M | $362.70M |
| Deferred Tax Liabilities Non-Current | $64.30M | $73.60M | $67.00M | $482.90M | $731.90M | $659.90M | $107.30M | $163.10M | $251.10M | $172.10M |
| Other Non-Current Liabilities | $990.80M | $903.70M | $906.80M | $490.90M | $837.00M | $798.70M | $728.00M | $830.20M | $701.10M | $644.30M |
| Total Non-Current Liabilities | $4.74B | $4.69B | $4.68B | $5.01B | $3.29B | $3.86B | $3.22B | $3.39B | $3.34B | $1.19B |
| Other Liabilities | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $49.82B | $47.46B | $59.84B | $43.10B | $33.41B | $36.49B | $33.63B | $33.20B | $39.19B | $28.30B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M | $63.90M |
| Retained Earnings | $23.62B | $22.12B | $20.70B | $19.45B | $18.44B | $17.50B | $15.27B | $14.73B | $14.00B | $13.46B |
| Accumulated Other Comprehensive Income Loss | $-1.81B | $-2.31B | $-1.99B | $10.60M | $-14.80M | $-257.30M | $-680.80M | $-379.20M | $-215.10M | $-260.60M |
| Other Total Stockholders Equity | $-17.33B | $-16.37B | $-15.54B | $-13.86B | $-12.73B | $-11.91B | $-11.19B | $-10.44B | $-9.37B | $-8.46B |
| Total Stockholders Equity | $4.55B | $3.51B | $3.23B | $5.67B | $5.75B | $5.40B | $3.46B | $3.98B | $4.48B | $4.81B |
| Total Equity | $4.55B | $3.51B | $3.23B | $5.67B | $5.75B | $5.40B | $3.46B | $3.98B | $4.48B | $4.81B |
| Total Liabilities and Stockholders Equity | $54.36B | $50.97B | $63.07B | $48.77B | $39.17B | $41.89B | $37.09B | $37.18B | $43.67B | $33.11B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $54.36B | $50.97B | $63.07B | $48.77B | $39.17B | $41.89B | $37.09B | $37.18B | $43.67B | $33.11B |
| Total Investments | $7.30M | $-58.90M | $154.80M | $-482.90M | $-731.90M | $-649.40M | $-78.50M | $-2.52B | $31.30M | $55.50M |
| Total Debt | $3.71B | $3.34B | $3.49B | $3.33B | $2.35B | $2.00B | $2.00B | $2.00B | $2.01B | $9.20M |
| Net Debt | $791.90M | $1.26B | $2.06B | $753.00M | $440.50M | $53.00M | $-167.60M | $-778.00M | $-1.18B | $-1.63B |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 | June 30, 2016 | June 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.75B | $3.41B | $2.95B | $2.60B | $2.47B | $2.29B | $1.62B | $1.73B | $1.49B | $1.37B |
| Depreciation and Amortization | $561.90M | $549.30M | $515.10M | $510.70M | $480.00M | $409.00M | $377.60M | $316.10M | $288.60M | $277.90M |
| Deferred Income Tax | $-37.40M | $-80.10M | $36.60M | $-251.10M | $26.00M | $9.30M | $500.00K | $10.00M | $700.00K | $-15.30M |
| Stock Based Compensation | $243.50M | $220.40M | $201.70M | $175.30M | $130.80M | $167.30M | $175.40M | $138.90M | $137.60M | $143.20M |
| Change in Working Capital | $-1.42B | $-938.70M | $-1.64B | $-937.40M | $-1.12B | $-1.21B | $-92.50M | $-98.30M | $-128.90M | $-149.00M |
| Accounts Receivables | $- | $129.20M | $-486.50M | $-339.80M | $-113.80M | $-473.90M | $-291.80M | $23.40M | $-224.60M | $-175.10M |
| Inventory | $- | $-938.70M | $- | $- | $-77.50M | $266.00M | $107.70M | $159.00M | $220.50M | $122.10M |
| Accounts Payables | $1.80M | $-11.80M | $-16.40M | $36.90M | $-18.30M | $-10.70M | $-1.90M | $-11.60M | $-15.90M | $13.10M |
| Other Working Capital | $-1.42B | $-117.40M | $-1.14B | $-634.50M | $-910.40M | $-987.20M | $93.50M | $-269.10M | $-108.90M | $-109.10M |
| Other Non Cash Items | $1.05B | $1.04B | $1.04B | $997.30M | $1.04B | $1.02B | $433.40M | $25.80M | $69.40M | $274.70M |
| Net Cash Provided by Operating Activities | $4.16B | $4.21B | $3.10B | $3.09B | $3.03B | $2.69B | $2.52B | $2.13B | $1.86B | $1.91B |
| Investments in Property Plant and Equipment | $-563.40M | $-571.60M | $-553.40M | $-505.90M | $-616.40M | $-566.50M | $-470.80M | $-470.60M | $-386.00M | $-335.50M |
| Acquisitions Net | $- | $-32.40M | $-11.70M | $505.90M | $616.40M | $-125.50M | $-612.40M | $146.60M | $162.20M | $90.50M |
| Purchases of Investments | $-6.84B | $-6.62B | $-10.73B | $-9.27B | $-3.91B | $-4.42B | $-4.88B | $-789.20M | $-660.90M | $-5.05B |
| Sales Maturities of Investments | $6.04B | $4.71B | $4.25B | $6.24B | $7.65B | $2.91B | $3.46B | $3.59B | $5.22B | $3.84B |
| Other Investing Activities | $-29.80M | $-2.28B | $34.20M | $-487.10M | $-587.00M | $7.90M | $400.00K | $3.25B | $-13.42B | $-2.31B |
| Net Cash Used for Investing Activities | $-1.39B | $-2.52B | $-7.01B | $-3.52B | $3.16B | $-2.20B | $-2.50B | $5.73B | $-9.09B | $-3.76B |
| Debt Repayment | $921.80M | $-1.00M | $127.40M | $979.70M | $-2.20M | $-2.10M | $-7.30M | $-2.00M | $2.00B | $-2.18B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-1.23B | $-1.12B | $-1.97B | $-1.37B | $-1.01B | $-937.70M | $-989.30M | $-1.26B | $-1.16B | $-1.56B |
| Dividends Paid | $-2.18B | $-1.90B | $-1.66B | $-1.58B | $-1.47B | $-1.29B | $-1.06B | $-995.20M | $-943.60M | $-927.60M |
| Other Financing Activities | $1.06B | $-12.65B | $17.15B | $8.41B | $-3.41B | $2.03B | $404.40M | $-6.02B | $8.89B | $6.28B |
| Net Cash Used Provided by Financing Activities | $-1.43B | $-15.68B | $13.65B | $6.44B | $-5.89B | $-207.70M | $-1.66B | $-8.28B | $8.79B | $1.62B |
| Effect of Forex Changes on Cash | $-22.40M | $-21.10M | $-98.70M | $73.80M | $-34.50M | $-28.80M | $5.80M | $14.70M | $-11.00M | $-106.30M |
| Net Change in Cash | $1.31B | $-14.01B | $9.64B | $6.09B | $257.40M | $254.10M | $-1.64B | $-410.70M | $1.55B | $-344.30M |
| Cash at End of Period | $10.09B | $8.77B | $22.78B | $13.14B | $7.05B | $6.80B | $6.54B | $2.78B | $3.19B | $1.64B |
| Cash at Beginning of Period | $8.77B | $22.78B | $13.14B | $7.05B | $6.80B | $6.54B | $8.18B | $3.19B | $1.64B | $1.98B |
| Operating Cash Flow | $4.16B | $4.21B | $3.10B | $3.09B | $3.03B | $2.69B | $2.52B | $2.13B | $1.86B | $1.91B |
| Capital Expenditure | $-563.40M | $-571.60M | $-553.40M | $-505.90M | $-616.40M | $-566.50M | $-470.80M | $-470.60M | $-386.00M | $-335.50M |
| Free Cash Flow | $3.59B | $3.64B | $2.55B | $2.59B | $2.41B | $2.12B | $2.04B | $1.66B | $1.47B | $1.57B |