Automatic Data Processing Statistics
Total Valuation
ADP has a market cap or net worth of $117.93 billion. The enterprise value is $119.26 billion.
| Market Cap | 117.93B |
| Enterprise Value | 119.26B |
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 (%) | 82.02% |
| Float | 406.75M |
Valuation Ratios
The trailing PE ratio is 30.92 and the forward PE ratio is 28.63. ADP's PEG ratio is 3.18.
| PE Ratio | 30.92 |
| Forward PE | 28.63 |
| PS Ratio | 6.05 |
| Forward PS | 5.65 |
| PB Ratio | 21.97 |
| P/FCF Ratio | 26.52 |
| PEG Ratio | 3.18 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.80, with an EV/FCF ratio of 26.94.
| EV / Earnings | 30.99 |
| EV / Sales | 6.11 |
| EV / EBITDA | 20.80 |
| EV / EBIT | 23.05 |
| EV / FCF | 26.94 |
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 +32.20% 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 | +32.20% |
| 50-Day Moving Average | 281.85 |
| 200-Day Moving Average | 256.27 |
| Relative Strength Index (RSI) | 57.28 |
| Average Volume (20 Days) | 1,495,278 |
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 |
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 |
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 |
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% |
Analyst Forecast
The average price target for ADP is $289.91, which is 0.17% higher than the current price. The consensus rating is "Hold".
| Price Target | $289.91 |
| Price Target Difference | 0.17% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 5.48% |
| EPS Growth Forecast (5Y) | 8.29% |
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 |