Automatic Data Processing (ADP) Financials

Automatic Data Processing Inc (ADP) is a leading provider of business outsourcing solutions. The company offers a wide range of services, including payroll processing, benefits administration, and human resource management. With over 60 years of experience, ADP has developed a strong reputation for delivering reliable and efficient solutions to its clients. The company's financials reflect its success in the industry. In its most recent income statement, ADP reported a strong gross profit of $14.2 billion. This represents the company's total revenue minus the cost of goods sold. ADP's net income from stockholders was $2.5 billion, demonstrating its ability to generate profits for its shareholders. The company's EBIT (earnings before interest and taxes) was $3.6 billion, while its EBITDA (earnings before interest, taxes, depreciation, and amortization) was $4.2 billion.

ADP's balance sheet reveals a solid financial position. The company has total assets of $57.9 billion, including cash equivalents of $2.3 billion. ADP's total debt is $6.5 billion, which is offset by its stockholders' equity of $12.1 billion. This indicates that ADP has a healthy level of financing and strong support from its shareholders. The company's total liabilities amount to $45.8 billion, further highlighting its stability and ability to meet its financial obligations. ADP's cash flow statement shows a positive operating cash flow of $3.8 billion, indicating that the company is generating significant cash from its core operations. The company's investing cash flow is -$669 million, reflecting its investments in business growth and acquisitions. ADP's financing cash flow is -$2.1 billion, primarily due to dividend and share repurchase activities. Finally, the company's free cash flow is $3.1 billion, demonstrating its ability to generate excess cash after accounting for capital expenditures and investing activities.