ADP (ADP) stock price, revenue, and financials

ADP market cap is $87.7 b, and annual revenue was $14.59 b in FY 2020

$87.7 B

ADP Mkt cap, 23-Jul-2021

$4.1 B

ADP Revenue Q3, 2021
ADP Gross profit (Q3, 2021)1.8 B
ADP Gross profit margin (Q3, 2021), %44.5%
ADP Net income (Q3, 2021)810.7 M
ADP Cash, 31-Mar-20211.9 B
ADP EV88.2 B
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ADP Revenue

ADP revenue was $14.59 b in FY, 2020 which is a 2.9% year over year increase from the previous period.

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ADP Revenue Breakdown

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ADP revenue breakdown by business segment: 30.9% from Professional Employer Organization Services and 69.1% from Employer Services

ADP revenue breakdown by geographic segment: 8.5% from Europe, 87.3% from United States and 4.2% from Other

ADP Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

13.3b14.2b14.6b

Revenue growth, %

8%6%3%

Cost of goods sold

7.8b8.1b8.4b

Gross profit

5.5b6.1b6.1b

Gross profit Margin, %

41%43%42%

General and administrative expense

3.0b3.1b3.0b

Operating expense total

3.0b3.1b3.0b

Interest expense

102.7m129.9m107.1m

Pre tax profit

2.2b3.0b3.2b

Income tax expense

550.3m712.8m716.1m

Net Income

1.6b2.3b2.5b

EPS

3.75.25.7

ADP Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

2.2b1.9b1.9b

Accounts Receivable

2.0b2.4b2.4b

Current Assets

32.1b34.3b31.6b

PP&E

793.7m764.2m703.9m

Goodwill

2.2b2.3b2.3b

Total Assets

37.1b41.9b39.2b

Accounts Payable

135.4m125.5m102.0m

Dividends Payable

298.9m340.1m387.3m

Short-term debt

1.0b

Current Liabilities

30.4b32.6b30.1b

Long-term debt

2.0b2.0b1.0b

Total Debt

2.0b2.0b2.0b

Total Liabilities

33.6b36.5b33.4b

Common Stock

63.9m63.9m63.9m

Additional Paid-in Capital

1.0b1.2b1.3b

Retained Earnings

15.3b17.5b18.4b

Total Equity

3.5b5.4b5.8b

Debt to Equity Ratio

0.6 x0.4 x0.3 x

Debt to Assets Ratio

0.1 x0 x0.1 x

Financial Leverage

10.7 x7.8 x6.8 x

ADP Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

1.6b2.3b2.5b

Depreciation and Amortization

377.6m409.0m480.0m

Accounts Receivable

(291.8m)(473.9m)(113.8m)

Accounts Payable

(1.9m)(10.7m)(18.3m)

Cash From Operating Activities

2.5b2.7b3.0b

Purchases of PP&E

(206.1m)(162.0m)(172.7m)

Cash From Investing Activities

(2.5b)2.2b3.2b

Long-term Borrowings

(7.3m)(2.1m)(2.2m)

Dividends Paid

(1.1b)(1.3b)(1.5b)

Cash From Financing Activities

(1.7b)(207.7m)(5.9b)

Net Change in Cash

(1.6b)254.1m257.4m

Interest Paid

100.5m127.5m104.8m

Income Taxes Paid

529.7m633.8m677.1m

ADP Ratios

USDFY, 2018

EV/CFO

23.4 x

Revenue/Employee

233.8k

Debt/Equity

0.6 x

Debt/Assets

0.1 x

Financial Leverage

10.7 x

P/E Ratio

36.5

ADP Operating Metrics

ADP's Enterprise Customers was reported to be 860 k in FY, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Enterprise Customers

740 k810 k860 k

New Bookings

$1.8 b$1.94 b

Average Client Funds Balances

$24.3 b$22.2 b$23.6 b$30 b$26.2 b$25.5 b$23.7 b$25.1 b$31.37 b$24 m$26 b$22 b$25.1 b$33.2 b

Worksite Employees Served (ADP TotalSource)

535 k532 k549 k552 k562 k562 k569 k584 k595 k530 k

Average Paid Worksite Employees (ADP TotalSource)

504 k528 k545 k554 k563 k547 k563 k579 k595 k548 k547571 k594 k

Enterprise Customers (ADP TotalSource)

12 k12.5 k13 k

Enterprise Customers (Cloud-based Strategic Software as a Service Offerings)

630 k

Mobile Customers

17 m

Enterprise Customers (RUN)

570 k640 k690 k

Enterprise Customers (ADP Workforce Now)

60 k70 k75 k

Workers Paid (US)

26 m26 m22 m

Workers Paid (outside the US)

14 m15 m14 m

Countries

110140140

ADP Human Capital

Ethnicity

FY, 2020FY, 2019
Race/Ethnicity Undisclosed (USA), percent5.1%
White (USA), percent56.8%56.7%
Hispanic / Latino (USA), percent15.2%14.9%
Black / African American (USA), percent11.2%11.9%
Asian (USA), percent8.1%8%
Other3.7%8.5%

Gender

FY, 2020FY, 2019
Male (Management), percent29%29%
Female (Management), percent21%21%
Male, percent23.5%23.5%
Female, percent26.5%26.5%