ADP

OverviewSuggest Edit

Automatic Data Processing (ADP) is a global provider of cloud-based human capital management (HCM) and human resources outsourcing (HRO) solutions. It provides complete management solutions for HR administration, payroll administration, talent management, employee benefits, benefits administration, employer liability management, and other HCM and employee benefits functions. The company serves the restaurant and hospitality, manufacturing, professional and technical services, construction, financial services, healthcare, retail, government, education, non-profit, and social services industries.
TypePublic
Founded1949
HQRoseland, NJ, US
Websiteadp.com
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2021)56,000(-3%)
Job Openings2,231
Revenue (FY, 2021)$15 B(+3%)
Share Price (Jun 2022)$218.8(+4%)
Cybersecurity ratingAMore
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Key People/Management at ADP

Carlos Rodriguez

Carlos Rodriguez

Chief Executive Officer
Sreeni Kutam

Sreeni Kutam

Chief Human Resources Officer
David Kwon

David Kwon

Corporate Vice President; Chief Legal Officer
John Ayala

John Ayala

Chief Operating Officer
Chris D'Ambrosio

Chris D'Ambrosio

Chief Strategy Officer
Gus Blanchard

Gus Blanchard

Chief Marketing Officer
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ADP Office Locations

ADP has offices in Roseland, Allentown, Alpharetta, Augusta and in 153 other locations
Roseland, NJ, US (HQ)
1 Adp Blvd
Allentown, PA, US
740 Hamilton St
Alpharetta, GA, US
2575 Westside Pkwy
Alpharetta, GA, US
5800 Windward Pkwy
Augusta, GA, US
One ADP Drive
Aurora, CO, US
12250 E Iliff Ave
Show all (169)

ADP Financials and Metrics

ADP Revenue

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View revenue for all periods
ADP's revenue was reported to be $15.01 b in FY, 2021 which is a 2.8% increase from the previous period.
USD

Revenue (Q3, 2022)

4.5b

Gross profit (Q3, 2022)

2.0b

Gross profit margin (Q3, 2022), %

44.3%

Net income (Q3, 2022)

928.5m

Market capitalization (24-Jun-2022)

91.4b

Closing stock price (24-Jun-2022)

218.8

Cash (31-Mar-2022)

1.6b

EV

93.1b
ADP's current market capitalization is $91.4 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

14.2b14.6b15.0b

Revenue growth, %

6%3%3%

Cost of goods sold

8.1b8.4b8.6b

Gross profit

6.1b6.1b6.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

3.5b3.7b4.0b3.5b3.7b4.1b3.8b4.0b4.5b

Cost of goods sold

2.0b2.1b2.2b2.0b2.1b2.3b2.2b2.3b2.5b

Gross profit

1.5b1.6b1.8b1.4b1.6b1.8b1.6b1.7b2.0b

Gross profit Margin, %

42%43%45%41%43%44%42%42%44%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

1.9b1.9b2.6b

Accounts Receivable

2.4b2.4b2.7b

Current Assets

34.3b31.6b40.7b

PP&E

764.2m703.9m684.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

1.4b1.5b1.7b1.6b1.6b1.9b1.6b1.7b1.6b

Accounts Receivable

2.5b2.6b2.6b2.5b2.5b2.8b2.8b2.7b3.3b

Current Assets

29.5b41.4b35.7b34.8b41.7b46.8b52.0b51.1b63.9b

PP&E

767.1m761.3m743.1m701.5m692.7m701.4m648.7m644.5m650.5m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

2.3b2.5b2.6b

Depreciation and Amortization

409.0m480.0m510.7m

Accounts Payable

(10.7m)(18.3m)36.9m

Cash From Operating Activities

2.7b3.0b3.1b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

582.4m1.2b2.1b602.1m1.2b2.1b700.5m1.4b2.3b

Depreciation and Amortization

117.3m234.9m355.5m131.1m257.8m384.7m129.1m255.6m384.6m

Accounts Payable

(15.1m)12.3m(3.6m)5.7m10.2m9.8m(61.9m)(19.9m)(41.3m)

Cash From Operating Activities

432.8m1.1b2.2b481.9m1.2b2.4b121.9m1.2b2.2b
USDFY, 2019

EV/CFO

26.8 x

Revenue/Employee

244.4k

Debt/Equity

0.4 x

Financial Leverage

7.8 x

P/E Ratio

31.6
Show all financial metrics

ADP Operating Metrics

ADP's Enterprise Customers was reported to be 920 k in FY, 2021.
FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021Q4, 2021FY, 2021Q1, 2022Q2, 2022Q3, 2022

Enterprise Customers

810 k860 k920 k

New Bookings

$1.94 b$1.2 b$1.5 b

Average Client Funds Balances

$25.5 b$23.7 b$25.1 b$31.37 b$24 m$26 b$22 b$25.1 b$33.2 b$29.3 b$27.4 b$26.9 b$32.2 b$38.1 b

Worksite Employees Served (ADP TotalSource)

562 k569 k584 k595 k537 k537 k555 k579 k595 k624 k624 k638 k668 k687 k

ADP Acquisitions / Subsidiaries

Company NameDateDeal Size
Integrated DesignNovember 18, 2021
CelergoAugust 01, 2018
WorkMarketJanuary 22, 2018
Global Cash CardOctober 05, 2017
The Marcus Buckingham CompanyJanuary 17, 2017
PayRoll S.A.June 04, 2013
SHPS, Inc.March 08, 2012
PhyLogic HealthcareJanuary 31, 2012
Ma Foi Consulting Solutions Ltd.January 16, 2012
WallaceOctober 13, 2011
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ADP Revenue Breakdown

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ADP revenue breakdown by business segment: 67.9% from Employer Services and 32.1% from Professional Employer Organization Services

ADP revenue breakdown by geographic segment: 8.7% from Europe, 87.2% from United States and 4.1% from Other

Human Capital Metrics

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ADP Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

ADP Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ADP Online and Social Media Presence

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ADP Company Culture

  • Overall Culture

    A+

    82/100

  • CEO Rating

    A+

    87/100

  • Compensation

    A-

    77/100

  • Diversity

    A+

    81/100

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ADP Frequently Asked Questions

  • When was ADP founded?

    ADP was founded in 1949.

  • Who are ADP key executives?

    ADP's key executives are Carlos Rodriguez, Sreeni Kutam and David Kwon.

  • How many employees does ADP have?

    ADP has 56,000 employees.

  • What is ADP revenue?

    Latest ADP annual revenue is $15 b.

  • What is ADP revenue per employee?

    Latest ADP revenue per employee is $268 k.

  • Who are ADP competitors?

    Competitors of ADP include Fiserv, Adecco Group and Moss Adams.

  • Where is ADP headquarters?

    ADP headquarters is located at 1 Adp Blvd, Roseland.

  • Where are ADP offices?

    ADP has offices in Roseland, Allentown, Alpharetta, Augusta and in 153 other locations.

  • How many offices does ADP have?

    ADP has 169 offices.