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Nasdaq · Technology

AUTOMATIC DATA PROCESSING INC (ADP)

As-reported financials and recent SEC filings for AUTOMATIC DATA PROCESSING INC, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About AUTOMATIC DATA PROCESSING INC

Automatic Data Processing Inc (ADP) provides human capital management (HCM) solutions including HR, payroll, time and benefits administration, HR outsourcing, talent management, compliance, and retirement services. The company serves over 1.1 million clients and pays more than 42 million workers across over 140 countries. ADP offers technology platforms and services designed to support businesses of all sizes, from small local companies to large global enterprises.

Snapshot

Revenue
$20.56B
Revenue growth (YoY)
7.1%
Net income
$4.08B
Diluted EPS
$9.98
Gross margin
46.0%
Operating margin
Net margin
19.8%
FCF margin
ROE
65.9%
P/E (TTM)
23.8×
Market cap
$101.92B
Debt / equity
0.6×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Automatic Data Processing

  • Revenue grew 7.1% to $20.6B in FY2025, in line with the 6.6% the year before.
  • Most recent quarter Q3 FY2026: revenue $5.9B, up 7.0% from Q3 FY2025.
  • Net income rose 8.7% to $4.1B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Automatic Data Processing’s fundamentals sit among the 330 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin46.0%
25th percentile of 262
Net margin19.8%
82nd percentile of 306
Revenue growth (YoY)+7.1%
39th percentile of 323
ROE65.9%
94th percentile of 283
P/E (TTM)23.8×
49th percentile of 172
Debt / equity0.64×
63rd percentile of 126
Short interest6.92d
80th percentile of 329

Automatic Data Processing’s return on equity of 65.9% ranks in the 94th percentile of the 283 software companies reporting it.

1 open-market insider buy totaling $745,695 in the last 90 days, against 1 sale totaling $179,886. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+7 quant / multi-strat
Initiated / added
8
4 new, 4 added
Reduced / exited
5
2 trimmed, 3 exited
Combined position
$1.72B
reported long value
InvestorAs ofPosition valueSharesChange
First Eagle Investment ManagementQ1 2026$579.0M2.8MNew
Two Sigma InvestmentsquantQ1 2026$260.5M1.3MNew
D. E. ShawquantQ1 2026$240.9M1.2MAdded
AQR Capital ManagementquantQ1 2026$156.9M772.3KAdded
Millennium ManagementquantQ1 2026$140.1M689.5KReduced
Renaissance TechnologiesquantQ1 2026$131.4M646.8KAdded
Giverny CapitalQ1 2026$85.2M419.1KNew
Citadel AdvisorsquantQ1 2026$77.7M382.7KReduced
Gotham Asset ManagementQ1 2026$33.7M165.7KAdded
Point72 Asset ManagementquantQ1 2026$11.5M56.7KNew

No longer held by: Bridgewater Associates (as of Q1 2026), Harris Associates (Oakmark) (as of Q1 2026), Polen Capital Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$746K
open-market value
Sells (90d)
1
$180K
Signal
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-08
filed 2026-05-11
Michaud Brian L.Executive VPSell848$212.13$180K
2026-05-07
filed 2026-05-11
SWAN ROBERT HOLMESDirectorBuy3.6K$206.05$746K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.4M
settled 2026-07-15
Change vs prior
-2.9%
vs previous settlement
Days to cover
6.92
at avg daily volume
Avg daily volume
2.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1514.4M-2.9%6.92
2026-06-3014.9M-7.0%4.09
2026-06-1516.0M+4.3%6.20
2026-05-2915.3M-6.9%5.85
2026-05-1516.5M+20.0%5.81
2026-04-3013.7M-2.1%4.33
2026-04-1514.0M-0.1%5.02
2026-03-3114.0M+13.0%3.07

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$20.56B$19.20B$18.01B$16.50B$15.01B
Gross profit$9.46B$8.73B$8.06B$7.04B$6.37B
Operating income
Net income$4.08B$3.75B$3.41B$2.95B$2.60B
Diluted EPS$9.98$9.10$8.21$7.00$6.07

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$4.94B$4.16B$4.21B$3.10B$3.09B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$5.94B7.0%$1.36B$3.38
Q2 FY2026$5.36B6.2%$1.06B$2.62
Q1 FY2026$5.18B7.1%$1.01B$2.49
Q4 FY2025$5.13B7.5%$910.7M$2.23
Q3 FY2025$5.55B5.7%$1.25B$3.06
Q2 FY2025$5.05B8.1%$963.2M$2.35
Q1 FY2025$4.83B7.1%$956.3M$2.34
Q4 FY2024$4.77B6.5%$829.3M$2.03

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryServices-Computer Processing & Data Preparation
Fiscal year endJune 30
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK8670

Recent SEC filings

10-K2025-08-06
View on EDGAR →
10-K2024-08-07
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
10-Q2026-01-29
View on EDGAR →
10-Q2025-10-31
View on EDGAR →
10-Q2025-05-01
View on EDGAR →
8-K2026-06-26
View on EDGAR →
8-K2026-05-07
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.