Automatic Data Processing Statistics
Total Valuation
ADP has a market cap or net worth of $99.95 billion. The enterprise value is $101.71 billion.
| Market Cap | 99.95B |
| Enterprise Value | 101.71B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
ADP has 410.79 million shares outstanding. The number of shares has decreased by -0.89% in one year.
| Shares Outstanding | 410.79M |
| Shares Change (YoY) | -0.89% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 0.12% |
| Owned by Institutions (%) | 83.68% |
| Float | 409.90M |
Valuation Ratios
The trailing PE ratio is 28.31 and the forward PE ratio is 25.30. ADP's PEG ratio is 2.69.
| PE Ratio | 28.31 |
| Forward PE | 25.30 |
| PS Ratio | 5.38 |
| Forward PS | 5.03 |
| PB Ratio | 23.15 |
| P/FCF Ratio | 29.27 |
| PEG Ratio | 2.69 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.47, with an EV/FCF ratio of 29.76.
| EV / Earnings | 28.59 |
| EV / Sales | 5.47 |
| EV / EBITDA | 18.47 |
| EV / EBIT | 20.56 |
| EV / FCF | 29.76 |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of 0.77.
| Current Ratio | 1.01 |
| Quick Ratio | 0.10 |
| Debt / Equity | 0.77 |
| Debt / EBITDA | 0.61 |
| Debt / FCF | 0.98 |
| Interest Coverage | 14.48 |
Financial Efficiency
Return on equity (ROE) is 94.90% and return on invested capital (ROIC) is 47.42%.
| Return on Equity (ROE) | 94.90% |
| Return on Assets (ROA) | 6.60% |
| Return on Capital (ROIC) | 47.42% |
| Revenue Per Employee | $295,016 |
| Profits Per Employee | $56,470 |
| Employee Count | 63,000 |
| Asset Turnover | 0.34 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ADP has paid $1.05 billion in taxes.
| Income Tax | 1.05B |
| Effective Tax Rate | 22.76% |
Stock Price Statistics
The stock price has increased by +12.11% in the last 52 weeks. The beta is 0.79, so ADP's price volatility has been lower than the market average.
| Beta (1Y) | 0.79 |
| 52-Week Price Change | +12.11% |
| 50-Day Moving Average | 247.19 |
| 200-Day Moving Average | 240.88 |
| Relative Strength Index (RSI) | 46.09 |
| Average Volume (30 Days) | 1,879,759 |
Short Selling Information
The latest short interest is 4.56 million, so 1.11% of the outstanding shares have been sold short.
| Short Interest | 4.56M |
| Short Previous Month | 5.19M |
| Short % of Shares Out | 1.11% |
| Short % of Float | 1.11% |
| Short Ratio (days to cover) | 1.94 |
Income Statement
In the last 12 months, ADP had revenue of $18.59 billion and earned $3.56 billion in profits. Earnings per share was $8.60.
| Revenue | 18.59B |
| Gross Profit | 8.40B |
| Operating Income | 4.70B |
| Pretax Income | 4.61B |
| Net Income | 3.56B |
| EBITDA | 5.51B |
| EBIT | 4.95B |
| Earnings Per Share (EPS) | $8.60 |
Balance Sheet
The company has $1.64 billion in cash and $3.34 billion in debt, giving a net cash position of -$1.70 billion or -$4.13 per share.
| Cash & Cash Equivalents | 1.64B |
| Total Debt | 3.34B |
| Net Cash | -1.70B |
| Net Cash Per Share | -$4.13 |
| Equity / Book Value | 4.32B |
| Book Value Per Share | 10.52 |
| Working Capital | 445.70M |
Cash Flow
In the last 12 months, operating cash flow was $3.95 billion and capital expenditures -$531.50 million, giving a free cash flow of $3.42 billion.
| Operating Cash Flow | 3.95B |
| Capital Expenditures | -531.50M |
| Free Cash Flow | 3.42B |
| FCF Per Share | $8.31 |
Margins
Gross margin is 45.19%, with operating and profit margins of 25.30% and 19.14%.
| Gross Margin | 45.19% |
| Operating Margin | 25.30% |
| Pretax Margin | 24.78% |
| Profit Margin | 19.14% |
| EBITDA Margin | 29.63% |
| EBIT Margin | 26.62% |
| FCF Margin | 18.39% |
Dividends & Yields
This stock pays an annual dividend of $5.60, which amounts to a dividend yield of 2.30%.
| Dividend Per Share | $5.60 |
| Dividend Yield | 2.30% |
| Dividend Growth (YoY) | 13.78% |
| Years of Dividend Growth | 49 |
| Payout Ratio | 65.12% |
| Buyback Yield | 0.89% |
| Shareholder Yield | 3.19% |
| Earnings Yield | 3.56% |
| FCF Yield | 3.42% |
Analyst Forecast
The average price target for ADP is $250.54, which is 2.97% higher than the current price. The consensus rating is "Hold".
| Price Target | $250.54 |
| Price Target Difference | 2.97% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 5.75% |
| EPS Growth Forecast (5Y) | 9.27% |
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 2.32 and a Piotroski F-Score of 9. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.32 |
| Piotroski F-Score | 9 |