Automatic Data Processing Statistics
Total Valuation
ADP has a market cap or net worth of $101.08 billion. The enterprise value is $101.09 billion.
| Market Cap | 101.08B |
| Enterprise Value | 101.09B |
Important Dates
The next confirmed earnings date is Wednesday, July 31, 2024, before market open.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
ADP has 409.29 million shares outstanding. The number of shares has decreased by -0.82% in one year.
| Shares Outstanding | 409.29M |
| Shares Change (YoY) | -0.82% |
| Shares Change (QoQ) | -0.10% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 83.57% |
| Float | 408.49M |
Valuation Ratios
The trailing PE ratio is 27.53 and the forward PE ratio is 25.25. ADP's PEG ratio is 2.66.
| PE Ratio | 27.53 |
| Forward PE | 25.25 |
| PS Ratio | 5.34 |
| Forward PS | 5.01 |
| PB Ratio | 21.85 |
| P/FCF Ratio | 28.77 |
| PEG Ratio | 2.66 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.67, with an EV/FCF ratio of 28.77.
| EV / Earnings | 27.33 |
| EV / Sales | 5.35 |
| EV / EBITDA | 17.67 |
| EV / EBIT | 19.61 |
| EV / FCF | 28.77 |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.71.
| Current Ratio | 1.01 |
| Quick Ratio | 0.12 |
| Debt / Equity | 0.71 |
| Debt / EBITDA | 0.58 |
| Debt / FCF | 0.94 |
| Interest Coverage | 14.08 |
Financial Efficiency
Return on equity (ROE) is 92.90% and return on invested capital (ROIC) is 47.57%.
| Return on Equity (ROE) | 92.90% |
| Return on Assets (ROA) | 6.70% |
| Return on Capital (ROIC) | 47.57% |
| Revenue Per Employee | $300,190 |
| Profits Per Employee | $58,721 |
| Employee Count | 63,000 |
| Asset Turnover | 0.34 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ADP has paid $1.09 billion in taxes.
| Income Tax | 1.09B |
| Effective Tax Rate | 22.74% |
Stock Price Statistics
The stock price has increased by +4.06% in the last 52 weeks. The beta is 0.79, so ADP's price volatility has been lower than the market average.
| Beta (5Y) | 0.79 |
| 52-Week Price Change | +4.06% |
| 50-Day Moving Average | 244.30 |
| 200-Day Moving Average | 240.82 |
| Relative Strength Index (RSI) | 58.64 |
| Average Volume (20 Days) | 1,727,596 |
Short Selling Information
The latest short interest is 4.78 million, so 1.17% of the outstanding shares have been sold short.
| Short Interest | 4.78M |
| Short Previous Month | 4.51M |
| Short % of Shares Out | 1.17% |
| Short % of Float | 1.17% |
| Short Ratio (days to cover) | 2.76 |
Income Statement
In the last 12 months, ADP had revenue of $18.91 billion and earned $3.70 billion in profits. Earnings per share was $8.97.
| Revenue | 18.91B |
| Gross Profit | 8.58B |
| Operating Income | 4.88B |
| Pretax Income | 4.79B |
| Net Income | 3.70B |
| EBITDA | 5.72B |
| EBIT | 5.15B |
| Earnings Per Share (EPS) | $8.97 |
Balance Sheet
The company has $3.29 billion in cash and $3.30 billion in debt, giving a net cash position of -$8.10 million or -$0.02 per share.
| Cash & Cash Equivalents | 3.29B |
| Total Debt | 3.30B |
| Net Cash | -8.10M |
| Net Cash Per Share | -$0.02 |
| Equity (Book Value) | 4.63B |
| Book Value Per Share | 11.30 |
| Working Capital | 737.70M |
Cash Flow
In the last 12 months, operating cash flow was $4.04 billion and capital expenditures -$529.50 million, giving a free cash flow of $3.51 billion.
| Operating Cash Flow | 4.04B |
| Capital Expenditures | -529.50M |
| Free Cash Flow | 3.51B |
| FCF Per Share | $8.56 |
Margins
Gross margin is 45.38%, with operating and profit margins of 25.81% and 19.56%.
| Gross Margin | 45.38% |
| Operating Margin | 25.81% |
| Pretax Margin | 25.32% |
| Profit Margin | 19.56% |
| EBITDA Margin | 30.25% |
| EBIT Margin | 27.26% |
| FCF Margin | 18.58% |
Dividends & Yields
This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 2.27%.
| Dividend Per Share | $5.60 |
| Dividend Yield | 2.27% |
| Dividend Growth (YoY) | 13.78% |
| Years of Dividend Growth | 49 |
| Payout Ratio | 62.43% |
| Buyback Yield | 0.82% |
| Shareholder Yield | 3.09% |
| Earnings Yield | 3.66% |
| FCF Yield | 3.48% |
Analyst Forecast
The average price target for ADP is $254.73, which is 3.14% higher than the current price. The consensus rating is "Hold".
| Price Target | $254.73 |
| Price Target Difference | 3.14% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 5.67% |
| EPS Growth Forecast (5Y) | 8.71% |
Stock Splits
The last stock split was on October 1, 2014. It was a forward split with a ratio of 1139:1000.
| Last Split Date | Oct 1, 2014 |
| Split Type | Forward |
| Split Ratio | 1139:1000 |
Scores
ADP has an Altman Z-Score of 2.1 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.1 |
| Piotroski F-Score | 9 |