Automatic Data Processing, Inc. (ADP)
NASDAQ: ADP · Real-Time Price · USD
298.59
+1.05 (0.35%)
At close: Nov 20, 2024, 4:00 PM
298.81
+0.22 (0.07%)
Pre-market: Nov 21, 2024, 4:24 AM EST

Automatic Data Processing Statistics

Total Valuation

ADP has a market cap or net worth of $121.66 billion. The enterprise value is $123.50 billion.

Market Cap 121.66B
Enterprise Value 123.50B

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.

Current Share Class 407.46M
Shares Outstanding 407.46M
Shares Change (YoY) -0.89%
Shares Change (QoQ) -0.27%
Owned by Insiders (%) 0.10%
Owned by Institutions (%) 83.18%
Float 406.61M

Valuation Ratios

The trailing PE ratio is 31.90 and the forward PE ratio is 29.54. ADP's PEG ratio is 3.29.

PE Ratio 31.90
Forward PE 29.54
PS Ratio 6.27
Forward PS 5.84
PB Ratio 22.76
P/TBV Ratio 73.77
P/FCF Ratio 27.48
P/OCF Ratio 26.13
PEG Ratio 3.29
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.54, with an EV/FCF ratio of 27.89.

EV / Earnings 32.09
EV / Sales 6.33
EV / EBITDA 21.54
EV / EBIT 23.87
EV / FCF 27.89

Financial Position

The company has a current ratio of 1.01, with a Debt / Equity ratio of 1.77.

Current Ratio 1.01
Quick Ratio 0.26
Debt / Equity 1.77
Debt / EBITDA 1.61
Debt / FCF 2.13
Interest Coverage 12.69

Financial Efficiency

Return on equity (ROE) is 87.26% and return on invested capital (ROIC) is 29.35%.

Return on Equity (ROE) 87.26%
Return on Assets (ROA) 6.54%
Return on Capital (ROIC) 29.35%
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 +30.17% 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 +30.17%
50-Day Moving Average 288.47
200-Day Moving Average 259.84
Relative Strength Index (RSI) 56.03
Average Volume (20 Days) 1,689,186

Short Selling Information

The latest short interest is 6.51 million, so 1.60% of the outstanding shares have been sold short.

Short Interest 6.51M
Short Previous Month 6.54M
Short % of Shares Out 1.60%
Short % of Float 1.60%
Short Ratio (days to cover) 4.24

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 $9.45 billion in debt, giving a net cash position of -$1.84 billion or -$4.51 per share.

Cash & Cash Equivalents 6.77B
Total Debt 9.45B
Net Cash -1.84B
Net Cash Per Share -$4.51
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 1.88%.

Dividend Per Share $5.60
Dividend Yield 1.88%
Dividend Growth (YoY) 12.00%
Years of Dividend Growth 49
Payout Ratio 59.82%
Buyback Yield 0.89%
Shareholder Yield 2.77%
Earnings Yield 3.16%
FCF Yield 3.64%
Dividend Details

Analyst Forecast

The average price target for ADP is $289.91, which is -2.91% lower than the current price. The consensus rating is "Hold".

Price Target $289.91
Price Target Difference -2.91%
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