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Industrials Human Resource & Employment Services Roseland, New Jersey Last filing Aug 5, 2026 · FY2026

                    Revenue
                    FY2026
                
$21.9B
                    3y CAGR +6.8%
                    
                    P60
                    
                    +6.7%
                    
                    Net income
                    FY2026
                
$4.4B
                    Net margin +20.1%
                    
                    P100
                    
                    +8.2%
                    
                    Total assets
                    FY2026
                
$63.2B
                    ROA +7.0%
                    
                    P40
                    
                    +18.4%
                    
                    Operating cash flow
                    FY2026
                
$5.4B
                    FCF margin +23.9%
                    
                    P100
                    
                    +10.2%

19 yrs · FY2008–FY2026 8 filed · 0 derived · 1 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

31 accounts · 3 years

Total assets $63.2B

Total liabilities $57.2B

Shareholders equity $6.0B

Account	2026	2025	2024
Assets
Cash and Cash Equivalents	19.3%	16.3%	15.2%
Short Term Investments	0.0%	21.9%	2.0%
Accounts Receivable	16.0%	17.4%	17.9%
Other Current Assets	204.2%	154.8%	202.1%
Total Current Assets	239.5%	210.4%	237.2%
Property,Plant and Equipment	2.9%	3.2%	3.6%
Operating Lease Assets	1.8%	1.8%	1.9%
Goodwill	15.0%	15.9%	12.3%
Intangible Assets	7.5%	7.8%	7.0%
Other Noncurrent Assets	21.3%	20.5%	21.2%
Total Assets	287.9%	259.6%	283.1%
Liabilities
Accounts Payable	0.7%	0.8%	0.5%
Accrued Liabilities	19.9%	19.8%	22.5%
Deferred Revenue	1.2%	1.3%	1.0%
Current Portion of Long Term Debt	0.0%	23.3%	0.0%
Other Current Liabilities	206.1%	155.6%	210.7%
Total Current Liabilities	227.9%	200.8%	234.8%
Long Term Debt	22.6%	19.3%	15.6%
Deferred Revenue Noncurrent	1.8%	1.9%	1.9%
Operating Lease Liabilities Noncurrent	1.4%	1.6%	1.7%
Deferred Tax Liabilities	1.5%	0.8%	0.3%
Other Noncurrent Liabilities	5.2%	5.1%	5.2%
Total Liabilities	260.5%	229.5%	259.4%
Equity
Preferred Stock	0.0%	0.0%	0.0%
Common Stock	0.3%	0.3%	0.3%
Additional Paid In Capital	14.0%	13.6%	12.5%
Retained Earnings	122.9%	122.8%	123.0%
Treasury Stock	105.6%	102.2%	102.8%
Accumulated Other Comprehensive Income	-4.1%	-4.3%	-9.4%
Total Stockholders Equity	27.5%	30.1%	23.7%
Total Liabilitiesand Equity	287.9%	259.6%	283.1%

Income Statement

Revenue, expense, and profitability

12 accounts · 3 years

Revenue $21.9B

Operating income Not reported

Net income $4.4B

Account	2026	2025	2024
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%
Expenses Cost of Revenue	53.6%	54.0%	54.6%
Expenses Selling,General and Administrative	20.1%	19.7%	19.7%
Other Income Expense Interest Expense	2.1%	2.2%	1.9%
Other Income Expense Other Income/expense	1.9%	1.7%	1.5%
Other Income Expense Income Before Tax	26.1%	25.8%	25.4%
Income Tax Income Tax Expense	6.0%	6.0%	5.8%
net Income net Income	20.1%	19.8%	19.5%
net Income Comprehensive Income	20.0%	24.3%	22.1%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Diluted	1.8%	2.0%	2.1%

Cash Flow Statement

Operating, investing, and financing flows

21 accounts · 3 years

Operating cash flow $5.4B

Investing cash flow $-4.7B

Financing cash flow $4.9B

Account	2026	2025	2024
CashFlow
Operating Activities net Income	20.1%	19.8%	19.5%
Operating Activities Depreciation and Amortization	8.1%	8.4%	8.5%
Operating Activities Stock Based Compensation	1.1%	1.3%	1.3%
Operating Activities Changes In Operating Assets and Liabilities	-5.1%	-5.7%	-7.5%
Operating Activities Other Non Cash Items	0.5%	0.2%	-0.1%
Operating Activities net Cash From Operating Activities	24.8%	24.0%	21.7%
Investing Activities Capital Expenditures	-0.9%	-0.8%	-1.1%
Investing Activities Business Acquisitions	-0.1%	-5.7%	-0.2%
Investing Activities Purchases of Investments	-56.3%	-38.2%	-35.6%
Investing Activities Proceeds From Sale of Investments	38.0%	31.8%	31.5%
Investing Activities Other Investing Activities	-2.2%	-1.9%	-1.8%
Investing Activities net Cash From Investing Activities	-21.5%	-14.8%	-7.2%
Financing Activities Proceeds From Debt	-17.2%	32.8%	0.0%
Financing Activities Repayment of Debt	-0.0%	-4.9%	-0.0%
Financing Activities Repurchase of Common Stock	-9.5%	-6.2%	-6.4%
Financing Activities Dividends Paid	-12.0%	-11.7%	-11.4%
Financing Activities Proceeds From Stock Issuance	-0.0%	0.6%	0.2%
Financing Activities Other Financing Activities	60.9%	-44.6%	10.1%
Financing Activities net Cash From Financing Activities	22.2%	-33.9%	-7.5%
Cash Reconciliation Effect of Exchange Rate On Cash	-0.2%	0.2%	-0.1%
Cash Reconciliation net Change In Cash	25.4%	-24.5%	6.8%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2026	2025	2024
Profitability
Gross margin	+46.4%	+46.0%	+45.4%
Operating margin	—	—	—
Net margin	+20.1%	+19.8%	+19.5%
FCF margin	+23.9%	+23.2%	+20.6%
Growth
Revenue CAGR (3y)	+6.8%	+7.6%	+8.6%
Returns
ROE	+73.2%	+65.9%	+82.5%
ROA	+7.0%	+7.6%	+6.9%
ROIC	—	—	—
Liquidity
Current ratio	1.05x	1.05x	1.01x
Quick ratio	0.15x	0.17x	0.14x
Leverage
D/E	9.48x	7.62x	10.95x
Interest coverage	—	—	—
Efficiency
Asset turnover	0.35x	0.39x	0.35x
Cash conversion cycle	—	—	—

Valuation

Price against fundamentals

ADP $294 · 2025-09-12 · 414d old · FY2026

Market cap $118.4B

P/E 26.82x

P/S 5.39x

P/B 19.63x

EV $119.1B

EV/EBITDA —

FCF yield +4.4%

Dividend yield +2.2%

Notes

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