Automatic Data Processing, Inc. (ADP)
NASDAQ: ADP · Real-Time Price · USD
288.18
-1.06 (-0.37%)
Nov 1, 2024, 4:00 PM EDT - Market closed

Automatic Data Processing Statistics

Total Valuation

ADP has a market cap or net worth of $117.42 billion. The enterprise value is $119.16 billion.

Market Cap 117.42B
Enterprise Value 119.16B

Important Dates

The last earnings date was Wednesday, October 30, 2024, before market open.

Earnings Date Oct 30, 2024
Ex-Dividend Date Sep 13, 2024

Share Statistics

ADP has 407.46 million shares outstanding. The number of shares has decreased by -0.89% in one year.

Shares Outstanding 407.46M
Shares Change (YoY) -0.89%
Shares Change (QoQ) -0.27%
Owned by Insiders (%) 0.07%
Owned by Institutions (%) 82.01%
Float 407.00M

Valuation Ratios

The trailing PE ratio is 30.79 and the forward PE ratio is 28.51. ADP's PEG ratio is 3.18.

PE Ratio 30.79
Forward PE 28.51
PS Ratio 6.05
Forward PS 5.74
PB Ratio 21.97
P/FCF Ratio 26.52
PEG Ratio 3.18
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.79, with an EV/FCF ratio of 26.91.

EV / Earnings 30.96
EV / Sales 6.10
EV / EBITDA 20.79
EV / EBIT 23.03
EV / FCF 26.91

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 1.75.

Current Ratio 1.01
Quick Ratio 0.26
Debt / Equity 1.75
Debt / EBITDA 1.59
Debt / FCF 2.11
Interest Coverage 12.69

Financial Efficiency

Return on equity (ROE) is 87.26% and return on invested capital (ROIC) is 29.48%.

Return on Equity (ROE) 87.26%
Return on Assets (ROA) 6.54%
Return on Capital (ROIC) 29.48%
Revenue Per Employee $305,045
Profits Per Employee $60,139
Employee Count 64,000
Asset Turnover 0.40
Inventory Turnover n/a

Taxes

In the past 12 months, ADP has paid $1.17 billion in taxes.

Income Tax 1.17B
Effective Tax Rate 23.26%

Stock Price Statistics

The stock price has increased by +32.06% 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 +32.06%
50-Day Moving Average 281.44
200-Day Moving Average 256.01
Relative Strength Index (RSI) 54.09
Average Volume (20 Days) 1,552,811

Short Selling Information

The latest short interest is 6.54 million, so 1.60% of the outstanding shares have been sold short.

Short Interest 6.54M
Short Previous Month 7.06M
Short % of Shares Out 1.60%
Short % of Float 1.61%
Short Ratio (days to cover) 4.35

Income Statement

In the last 12 months, ADP had revenue of $19.52 billion and earned $3.85 billion in profits. Earnings per share was $9.36.

Revenue 19.52B
Gross Profit 9.39B
Operating Income 5.17B
Pretax Income 4.87B
Net Income 3.85B
EBITDA 5.73B
EBIT 5.17B
Earnings Per Share (EPS) $9.36
Full Income Statement

Balance Sheet

The company has $6.77 billion in cash and $9.35 billion in debt, giving a net cash position of -$1.74 billion or -$4.28 per share.

Cash & Cash Equivalents 6.77B
Total Debt 9.35B
Net Cash -1.74B
Net Cash Per Share -$4.28
Equity (Book Value) 5.35B
Book Value Per Share 13.12
Working Capital 538.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.66 billion and capital expenditures -$227.90 million, giving a free cash flow of $4.43 billion.

Operating Cash Flow 4.66B
Capital Expenditures -227.90M
Free Cash Flow 4.43B
FCF Per Share $10.87
Full Cash Flow Statement

Margins

Gross margin is 48.11%, with operating and profit margins of 26.50% and 19.71%.

Gross Margin 48.11%
Operating Margin 26.50%
Pretax Margin 25.69%
Profit Margin 19.71%
EBITDA Margin 29.37%
EBIT Margin 26.50%
FCF Margin 18.86%

Dividends & Yields

This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 1.94%.

Dividend Per Share $5.60
Dividend Yield 1.94%
Dividend Growth (YoY) 12.00%
Years of Dividend Growth 49
Payout Ratio 59.82%
Buyback Yield 0.89%
Shareholder Yield 2.83%
Earnings Yield 3.28%
FCF Yield 3.77%
Dividend Details

Analyst Forecast

The average price target for ADP is $285.09, which is -1.07% lower than the current price. The consensus rating is "Hold".

Price Target $285.09
Price Target Difference -1.07%
Analyst Consensus Hold
Analyst Count 12
Revenue Growth Forecast (5Y) 5.48%
EPS Growth Forecast (5Y) 8.29%
Stock Forecasts

Stock Splits

The last stock split was on January 4, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Jan 4, 1999
Split Type Forward
Split Ratio 2:1

Scores

ADP has an Altman Z-Score of 2.8 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.8
Piotroski F-Score 8