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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

11 accounts · 5 years

Total assets $53.4B

Total liabilities $47.2B

Shareholders equity $6.2B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	16.3%	—	—	—	—
Accounts Receivable	17.4%	—	—	—	—
Property,Plant and Equipment	3.2%	—	—	—	—
Goodwill	15.9%	—	—	—	—
Intangible Assets	7.8%	—	—	—	—
Liabilities
Accrued Liabilities	15.0%	—	—	—	—
Long Term Debt	19.3%	—	—	—	—
Other Noncurrent Liabilities	5.1%	—	—	—	—
Equity
Common Stock	0.3%	—	—	—	—
Preferred Stock	0.0%	—	—	—	—
Treasury Stock	102.2%	—	—	—	—

Income Statement

Revenue, expense, and profitability

18 accounts · 5 years

Revenue $20.6B

Operating income $4.1B

Net income $4.1B

Account	2025	2024	2023	2022	2021
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

2 accounts · 5 years

Operating cash flow $4.9B

Investing cash flow $-3.0B

Financing cash flow $-7.0B

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities Depreciation and Amortization	2.8%	—	—	—	—
Operating Activities Changes In Operating Assets and Liabilities	1.4%	—	—	—	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
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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