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Industrials Human Resource & Employment Services Roseland, New Jersey Last filing Aug 6, 2025 · FY2025

                    Revenue
                    FY2025
                
$20.6B
                    
                    n/a
                    
                    Net income
                    FY2025
                
$4.1B
                    Net margin +19.8%
                    
                    P86
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$53.4B
                    ROA +7.6%
                    
                    P46
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$4.9B
                    FCF margin +23.2%
                    
                    P93
                    
                    n/a

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

33 accounts · 1 year

Total assets $53.4B

Total liabilities $47.2B

Shareholders equity $6.2B

Account	2025	Trend
Assets
Cash and Cash Equivalents	16.3%
Short Term Investments	21.9%
Accounts Receivable	17.4%
Prepaid Expenses	4.1%
Other Current Assets	4.1%
Total Current Assets	210.4%
Property,Plant and Equipment	3.2%
Operating Lease Assets	1.8%
Goodwill	15.9%
Intangible Assets	7.8%
Other Noncurrent Assets	5.1%
Total Assets	259.6%
Liabilities
Accounts Payable	0.8%
Accrued Liabilities	15.0%
Deferred Revenue	1.3%
Current Portion of Long Term Debt	0.0%
Operating Lease Liabilities	0.5%
Other Current Liabilities	5.1%
Total Current Liabilities	200.8%
Long Term Debt	19.3%
Deferred Revenue Noncurrent	1.9%
Operating Lease Liabilities Noncurrent	1.6%
Deferred Tax Liabilities	0.8%
Other Noncurrent Liabilities	5.1%
Total Liabilities	229.5%
Equity
Preferred Stock	0.0%
Common Stock	0.3%
Additional Paid In Capital	13.6%
Retained Earnings	122.8%
Treasury Stock	102.2%
Accumulated Other Comprehensive Income	-4.3%
Total Stockholders Equity	30.1%
Total Liabilitiesand Equity	259.6%

Income Statement

Revenue, expense, and profitability

18 accounts · 1 year

Revenue $20.6B

Operating income $4.1B

Net income $4.1B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	100.0%
Expenses Cost of Revenue	54.0%
Expenses Research and Development	4.8%
Expenses Selling,General and Administrative	19.7%
Expenses Depreciation and Amortization	2.8%
Expenses Share Based Compensation	1.3%
Expenses Operating Expenses	75.9%
Other Income Expense Operating Income	19.8%
Other Income Expense Interest Income	1.6%
Other Income Expense Interest Expense	2.2%
Other Income Expense Income Before Tax	25.8%
Income Tax Income Tax Expense	6.0%
net Income net Income	19.8%
net Income Comprehensive Income	24.3%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Basic	2.0%
Earnings Per Share Weighted Average Shares Diluted	2.0%

Cash Flow Statement

Operating, investing, and financing flows

21 accounts · 1 year

Operating cash flow $4.9B

Investing cash flow $-3.0B

Financing cash flow $-7.0B

Account	2025	Trend
CashFlow
Operating Activities net Income	19.8%
Operating Activities Depreciation and Amortization	2.8%
Operating Activities Stock Based Compensation	1.3%
Operating Activities Deferred Income Taxes	0.2%
Operating Activities Changes In Operating Assets and Liabilities	1.4%
Operating Activities net Cash From Operating Activities	24.0%
Investing Activities Capital Expenditures	0.8%
Investing Activities Business Acquisitions	5.7%
Investing Activities Purchases of Investments	38.2%
Investing Activities Proceeds From Sale of Investments	31.8%
Investing Activities Other Investing Activities	0.1%
Investing Activities net Cash From Investing Activities	-14.8%
Financing Activities Proceeds From Debt	9.6%
Financing Activities Repayment of Debt	4.9%
Financing Activities Repurchase of Common Stock	6.2%
Financing Activities Dividends Paid	11.7%
Financing Activities net Cash From Financing Activities	-33.9%
Cash Reconciliation Effect of Exchange Rate On Cash	0.2%
Cash Reconciliation net Change In Cash	-24.5%
Cash Reconciliation Cash At Beginning of Period	24.6%
Cash Reconciliation Cash At End of Period	24.6%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	+46.0%
Operating margin	+19.8%
Net margin	+19.8%
FCF margin	+23.2%
Growth
Revenue CAGR (3y)	—
Returns
ROE	+65.9%
ROA	+7.6%
ROIC	+46.0%
Liquidity
Current ratio	1.05x
Quick ratio	0.17x
Leverage
D/E	7.62x
Interest coverage	8.95x
Efficiency
Asset turnover	0.39x
Cash conversion cycle	—

Valuation

Price against fundamentals

ADP $294 · 2025-09-12 · 368d old · FY2025

Market cap $120.0B

P/E 29.40x

P/S 5.83x

P/B 19.38x

EV $120.6B

EV/EBITDA 25.86x

FCF yield +4.0%

Dividend yield +2.0%

Notes

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