ADP (ADP) stock price, revenue, and financials

ADP market cap is $63 b, and annual revenue was $14.18 b in FY 2019

$63 B

ADP Mkt cap, 29-May-2020

$4 B

ADP Revenue Q3, 2020
ADP Gross profit (Q3, 2020)1.8 B
ADP Gross profit margin (Q3, 2020), %44.7%
ADP Net income (Q3, 2020)820.9 M
ADP Cash, 31-Mar-20201.7 B
ADP EV63.6 B

ADP Revenue

ADP revenue was $14.18 b in FY, 2019 which is a 6.4% 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: 29.9% from Professional Employer Organization Services and 70.1% from Employer Services

ADP revenue breakdown by geographic segment: 8.7% from Europe, 87.0% from United States and 4.3% from Other

ADP Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019

Revenue

12.4b13.3b14.2b

Revenue growth, %

6%8%6%

Cost of goods sold

7.3b7.8b8.1b

Gross profit

5.1b5.5b6.1b

Gross profit Margin, %

41%41%43%

General and administrative expense

2.8b3.0b3.1b

Operating expense total

2.8b3.0b3.1b

Interest expense

80.0m102.7m129.9m

Pre tax profit

2.5b2.2b3.0b

Income tax expense

797.7m550.3m712.8m

Net Income

1.7b1.6b2.3b

EPS

3.93.75.2

ADP Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

2.8b2.2b1.9b

Accounts Receivable

1.7b2.0b2.4b

Current Assets

32.7b32.1b34.3b

PP&E

779.9m793.7m764.2m

Goodwill

1.7b2.2b2.3b

Total Assets

37.2b37.1b41.9b

Accounts Payable

149.7m135.4m125.5m

Dividends Payable

250.5m298.9m340.1m

Current Liabilities

29.8b30.4b32.6b

Long-term debt

2.0b2.0b2.0b

Total Debt

2.0b2.0b2.0b

Total Liabilities

33.2b33.6b36.5b

Common Stock

63.9m63.9m63.9m

Additional Paid-in Capital

867.8m1.0b1.2b

Retained Earnings

14.7b15.3b17.5b

Total Equity

4.0b3.5b5.4b

Debt to Equity Ratio

0.5 x0.6 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x0 x

Financial Leverage

9.3 x10.7 x7.8 x

ADP Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Net Income

1.7b1.6b2.3b

Depreciation and Amortization

316.1m377.6m409.0m

Accounts Receivable

(23.4m)(291.8m)(473.9m)

Accounts Payable

(11.6m)(1.9m)(10.7m)

Cash From Operating Activities

2.1b2.5b2.7b

Purchases of PP&E

(240.2m)(206.1m)(162.0m)

Cash From Investing Activities

5.7b(2.5b)2.2b

Long-term Borrowings

(2.0m)(7.3m)(2.1m)

Dividends Paid

(995.2m)(1.1b)(1.3b)

Cash From Financing Activities

(8.3b)(1.7b)(207.7m)

Net Change in Cash

(410.7m)(1.6b)254.1m

Interest Paid

78.1m100.5m127.5m

Income Taxes Paid

817.1m529.7m633.8m

ADP Ratios

USDY, 2020

EV/CFO

28.3 x

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

7.9 x

P/E Ratio

77.1

ADP Operating Metrics

ADP's Enterprise Customers was reported to be 810 k in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Enterprise Customers

700 k740 k810 k

New Bookings

$1.65 b$1.80 b$1.94 b

Average Client Funds Balances

$23.02 b$21.21 b$22.50 b$28.80 b$24.90 b$24.30 b$22.20 b$23.60 b$30 b$26.20 b$25.50 b$23.70 b$25.10 b$31.37 b

Worksite Employees Served (ADP TotalSource)

491 k486 k504 k508 k535 k535 k532 k549 k552 k562 k562 k569 k584 k595 k

Average Paid Worksite Employees (ADP TotalSource)

462 k484 k498 k512 k523 k504 k528 k545 k554 k563 k547 k563 k579 k595 k

Enterprise Customers (ADP TotalSource)

10.70 k12 k12.50 k

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

570 k630 k

Mobile Customers

12 m17 m

Enterprise Customers (RUN)

510 k570 k640 k

Enterprise Customers (ADP Workforce Now)

60 k60 k70 k

Workers Paid (US)

26 m26 m26 m

Workers Paid (outside the US)

13 m14 m15 m

Countries

110 110 140

ADP Human Capital

FY, 2017FY, 2016FY, 2015FY, 2014
Female, percent54 %54 %54 %52 %
Male, percent46 %46 %46 %48 %