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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

Year-over-year change per cell; first column has no prior.

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	+26.4%	+14.9%	—
Short Term Investments	-100.0%	+1071.6%	—
Accounts Receivable	-1.6%	+4.4%	—
Other Current Assets	+40.8%	-18.0%	—
Total Current Assets	+21.5%	-5.0%	—
Property,Plant and Equipment	-2.2%	-4.4%	—
Operating Lease Assets	+3.9%	+0.9%	—
Goodwill	+0.3%	+39.1%	—
Intangible Assets	+3.1%	+20.0%	—
Other Noncurrent Assets	+10.8%	+3.4%	—
Total Assets	+18.4%	-1.8%	—
Liabilities
Accounts Payable	-3.9%	+68.1%	—
Accrued Liabilities	+7.2%	-5.8%	—
Deferred Revenue	+1.8%	+31.5%	—
Current Portion of Long Term Debt	-100.0%	—	—
Other Current Liabilities	+41.3%	-20.9%	—
Total Current Liabilities	+21.2%	-8.4%	—
Long Term Debt	+24.9%	+32.9%	—
Deferred Revenue Noncurrent	+0.2%	+7.0%	—
Operating Lease Liabilities Noncurrent	-4.5%	-2.3%	—
Deferred Tax Liabilities	+107.3%	+154.4%	—
Other Noncurrent Liabilities	+7.9%	+6.8%	—
Total Liabilities	+21.2%	-5.3%	—
Equity
Preferred Stock	—	—	—
Common Stock	+0.0%	+0.0%	—
Additional Paid In Capital	+10.0%	+15.8%	—
Retained Earnings	+6.8%	+6.9%	—
Treasury Stock	+10.2%	+6.5%	—
Accumulated Other Comprehensive Income	-2.1%	+51.1%	—
Total Stockholders Equity	-2.5%	+36.1%	—
Total Liabilitiesand Equity	+18.4%	-1.8%	—

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	+6.7%	+7.1%	—
Expenses Cost of Revenue	+6.0%	+5.9%	—
Expenses Selling,General and Administrative	+8.8%	+7.2%	—
Other Income Expense Interest Expense	+0.7%	+26.1%	—
Other Income Expense Other Income/expense	+16.0%	+23.5%	—
Other Income Expense Income Before Tax	+7.9%	+9.0%	—
Income Tax Income Tax Expense	+7.0%	+9.8%	—
net Income net Income	+8.2%	+8.7%	—
net Income Comprehensive Income	-12.2%	+17.8%	—
Earnings Per Share Basic Eps	+9.5%	+9.6%	—
Earnings Per Share Diluted Eps	+9.6%	+9.7%	—
Earnings Per Share Weighted Average Shares Diluted	-1.3%	-0.8%	—

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	+8.2%	+8.7%	—
Operating Activities Depreciation and Amortization	+3.4%	+6.0%	—
Operating Activities Stock Based Compensation	-8.8%	+9.3%	—
Operating Activities Changes In Operating Assets and Liabilities	+3.8%	+19.1%	—
Operating Activities Other Non Cash Items	+281.8%	+215.9%	—
Operating Activities net Cash From Operating Activities	+10.2%	+18.8%	—
Investing Activities Capital Expenditures	-16.5%	+19.0%	—
Investing Activities Business Acquisitions	+98.0%	-3367.6%	—
Investing Activities Purchases of Investments	-57.3%	-15.0%	—
Investing Activities Proceeds From Sale of Investments	+27.6%	+8.3%	—
Investing Activities Other Investing Activities	-25.4%	-8.9%	—
Investing Activities net Cash From Investing Activities	-55.3%	-118.5%	—
Financing Activities Proceeds From Debt	-156.1%	—	—
Financing Activities Repayment of Debt	+99.9%	-111144.4%	—
Financing Activities Repurchase of Common Stock	-62.7%	-4.0%	—
Financing Activities Dividends Paid	-9.5%	-9.9%	—
Financing Activities Proceeds From Stock Issuance	-100.8%	+177.5%	—
Financing Activities Other Financing Activities	+245.8%	-573.6%	—
Financing Activities net Cash From Financing Activities	+170.0%	-387.1%	—
Cash Reconciliation Effect of Exchange Rate On Cash	-201.3%	+266.5%	—
Cash Reconciliation net Change In Cash	+210.7%	-482.8%	—

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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