Automatic Data Processing
ADP · NasdaqServices-Computer Processing & Data Preparation · Fiscal year ends Jun 30
Automatic Data Processing reported revenue of $21.9B in the fiscal year ended Jun 2026, up 6.7% from the year before. Net income was $4.4B. Net debt was $735M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | $16.5B | $18B | $19.2B | $20.6B | $21.9B |
| Cost of revenue | $9.5B | $10B | $10.5B | $11.1B | $11.8B |
| Gross profit | $7B | $8.1B | $8.7B | $9.5B | $10.2B |
| Research & development | $799M | $845M | $956M | $989M | $1B |
| Selling, general & admin | $3.2B | $3.6B | $3.8B | $4.1B | $4.4B |
| Interest expense | $82M | $253M | $361M | $456M | $459M |
| Pre-tax income | $3.8B | $4.4B | $4.9B | $5.3B | $5.7B |
| Income tax | $855M | $1B | $1.1B | $1.2B | $1.3B |
| Net income | $2.9B | $3.4B | $3.8B | $4.1B | $4.4B |
| Diluted EPS | 7.00 | 8.21 | 9.10 | 9.98 | 10.94 |
| Diluted shares | 421M | 416M | 412M | 409M | 403M |
Balance sheet
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.4B | $2.1B | $2.9B | $3.3B | $4.2B |
| Receivables | $3.2B | $3B | $3.4B | $3.6B | $3.5B |
| Current assets | $54.8B | $42.2B | $45.5B | $43.3B | $52.6B |
| Net PP&E | $653M | $681M | $686M | $655M | $641M |
| Goodwill | $2.3B | $2.3B | $2.4B | $3.3B | $3.3B |
| Total assets | $63.1B | $51B | $54.4B | $53.4B | $63.2B |
| Payables | $110M | $97M | $101M | $169M | $163M |
| Deferred revenue | $188M | $189M | $200M | $263M | $268M |
| Current liabilities | $55.2B | $42.8B | $45.1B | $41.3B | $50B |
| Short-term debt | $1M | $1M | $1M | $1M | $1M |
| Long-term debt | $3B | $3B | $3B | $4B | $5B |
| Total liabilities | $59.8B | $47.5B | $49.8B | $47.2B | $57.2B |
| Shareholders' equity | $3.2B | $3.5B | $4.5B | $6.2B | $6B |
Cash flow
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $3.1B | $4.2B | $4.2B | $4.9B | $5.4B |
| Depreciation & amortisation | $515M | $549M | $562M | $582M | $586M |
| Stock-based compensation | $202M | $220M | $244M | $266M | $243M |
| Acquisitions | $12M | $32M | $34M | $1.2B | $23M |
| Share buybacks | $2B | $1.1B | $1.2B | $1.3B | $2.1B |
| Dividends paid | $1.7B | $1.9B | $2.2B | $2.4B | $2.6B |
| Dividend per share | 4.05 | 4.79 | 5.45 | 6.02 | 6.64 |
Key ratios
| Fiscal year | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 9.2% | 6.6% | 7.1% | 6.7% |
| EPS growth (YoY) | – | 17.3% | 10.8% | 9.7% | 9.6% |
| Gross margin | 42.6% | 44.7% | 45.4% | 46.0% | 46.4% |
| Net margin | 17.9% | 18.9% | 19.5% | 19.8% | 20.1% |
| Return on equityBlank when equity is negative | 91.4% | 97.2% | 82.5% | 65.9% | 73.2% |
| Cash conversion (CFO ÷ net income) | 1.05x | 1.23x | 1.11x | 1.21x | 1.23x |
| Receivable days | 70 | 61 | 65 | 64 | 59 |
| Payable days | 4 | 4 | 4 | 6 | 5 |
| Debt ÷ equity | 0.93x | 0.85x | 0.66x | 0.64x | 0.82x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $1.6B | $907M | $79M | $628M | $735M |
| Current ratio | 0.99x | 0.99x | 1.01x | 1.05x | 1.05x |
Recent filings
More in Services-Computer Processing & Data Preparation
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.