Automatic Data Processing (ADP) Stock Insights

ADP price $285.37 -7.74 -2.64%

Ticker
ADP
Price
$285.37
Change
-7.74 -2.64%
Market cap ?
$113.08B
P/E ?
27.45
Forward P/E ?
23.27
Dividend yield ?
2.26%
Beta ?
0.84
Sector
Technology
Industry
Software - Application
Stocklytics score
37
Value
26
Quality
52
Growth
34

Stocklytics score rationale: value 26, quality 52, growth 34.

Financials

2017201820192020202120222023202420252026
12379800000133277000001417520000014589800000150054000001649830000018012200000192026000002056090000021947500000

Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a…

Fair value

ADP fair value $263.40. Price $285.37. Price is 8% above fair value.

Above fair value, but less expensive than usual. A smaller premium than on 81% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 4.98B. Growth 5.42%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.93% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 396.25M. Net debt 1.04B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare ADP

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-27—2.92—5.67B
2026-10-282.822.775.49B5.48B
2026-07-292.642.595.47B5.44B
2026-04-293.373.305.94B5.85B
2026-01-282.622.575.36B5.34B
2025-10-292.492.445.18B5.14B
2025-07-302.262.235.13B5.04B
2025-04-303.062.975.55B5.49B
2025-01-292.352.305.05B4.97B
2024-10-302.332.214.83B4.77B
2024-07-312.092.064.77B4.74B
2024-05-012.882.795.25B5.22B
2024-01-312.132.104.67B4.66B
2023-10-252.082.034.51B4.51B
2023-07-261.891.834.48B4.39B
2023-04-262.522.454.93B4.88B
2023-01-251.961.944.20B4.37B
2022-10-261.861.804.07B4.16B
2022-07-271.501.464.00B4.05B
2022-04-272.212.084.39B4.46B
2022-01-261.651.633.92B3.98B
2021-10-271.651.493.73B3.98B
2021-07-281.201.143.63B3.75B
2021-04-281.891.823.99B4.08B
2021-01-271.521.293.59B3.04B
2020-10-281.410.983.36B2.41B
2020-07-291.140.963.26B2.84B
2020-04-291.921.893.89B3.98B
2020-01-291.521.453.53B3.50B
2019-10-301.341.333.36B3.47B
2019-07-311.141.133.35B3.45B
2019-05-011.771.693.68B3.66B
2019-01-301.341.183.38B3.08B
2018-10-311.201.113.20B3.06B
2018-08-010.920.903.19B3.24B
2018-05-021.521.443.56B3.50B
2018-01-310.990.903.13B2.94B
2017-11-020.910.852.98B2.87B
2017-07-270.660.672.96B3.11B
2017-05-031.311.233.30B3.20B

Dividends

Yield 2.38%. Payout ratio 59.14%. Frequency Quarterly.

Safety score 82/100 · Safe. Payout ratio is 59% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 44 separate years. Yield is 2.4%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-09-11$1.702026-09-112026-10-01Quarterly
2026-06-12$1.702026-06-122026-07-01Quarterly
2026-03-13$1.702026-03-132026-04-01Quarterly
2025-12-12$1.702025-12-122026-01-01Quarterly
2025-09-12$1.542025-09-122025-10-01Quarterly
2025-06-13$1.542025-06-132025-07-01Quarterly
2025-03-14$1.542025-03-142025-04-01Quarterly
2024-12-13$1.542024-12-132025-01-01Quarterly
2024-09-13$1.402024-09-132024-10-01Quarterly
2024-06-14$1.402024-06-142024-07-01Quarterly
2024-03-07$1.402024-03-082024-04-01Quarterly
2023-12-07$1.402023-12-082024-01-01Quarterly
2023-09-07$1.252023-09-082023-10-01Quarterly
2023-06-08$1.252023-06-092023-07-01Quarterly
2023-03-09$1.252023-03-102023-04-01Quarterly
2022-12-08$1.252022-12-092023-01-01Quarterly
2022-09-08$1.042022-09-092022-10-01Quarterly
2022-06-09$1.042022-06-102022-07-01Quarterly
2022-03-10$1.042022-03-112022-04-01Quarterly
2021-12-09$1.042021-12-102022-01-01Quarterly
2021-09-09$0.932021-09-102021-10-01Quarterly
2021-06-10$0.932021-06-112021-07-01Quarterly
2021-03-11$0.932021-03-122021-04-01Quarterly
2020-12-10$0.932020-12-112021-01-01Quarterly
2020-09-10$0.912020-09-112020-10-01Quarterly
2020-06-11$0.912020-06-122020-07-01Quarterly
2020-03-12$0.912020-03-132020-04-01Quarterly
2019-12-12$0.912019-12-132020-01-01Quarterly
2019-09-12$0.792019-09-132019-10-01Quarterly
2019-06-13$0.792019-06-142019-07-01Quarterly
2019-03-07$0.792019-03-082019-04-01Quarterly
2018-12-13$0.792018-12-142019-01-01Quarterly
2018-09-13$0.692018-09-142018-10-01Quarterly
2018-06-07$0.692018-06-082018-07-01Quarterly
2018-03-08$0.632018-03-092018-04-01Quarterly
2017-12-07$0.632017-12-082018-01-01Quarterly
2017-09-07$0.572017-09-082017-10-01Quarterly
2017-06-07$0.572017-06-092017-07-01Quarterly
2017-03-08$0.572017-03-102017-04-01Quarterly
2016-12-07$0.572016-12-092017-01-01Quarterly
2016-09-07$0.532016-09-092016-10-01Quarterly
2016-06-08$0.532016-06-102016-07-01Quarterly
2016-03-09$0.532016-03-112016-04-01Quarterly
2015-12-09$0.532015-12-112016-01-01Quarterly
2015-09-09$0.492015-09-112015-10-01Quarterly
2015-06-10$0.492015-06-122015-07-01Quarterly
2015-03-11$0.492015-03-132015-04-01Quarterly
2014-12-10$0.492014-12-122015-01-01Quarterly
2014-09-10$0.422014-09-122014-10-01Quarterly
2014-06-11$0.422014-06-132014-07-01Quarterly
2014-03-12$0.422014-03-142014-04-01Quarterly
2013-12-11$0.422013-12-132014-01-01Quarterly
2013-09-11$0.382013-09-132013-10-01Quarterly
2013-06-12$0.382013-06-142013-07-01Quarterly
2013-03-06$0.382013-03-082013-04-01Quarterly
2012-12-12$0.382012-12-142013-01-01Quarterly
2012-09-12$0.352012-09-142012-10-01Quarterly
2012-06-06$0.352012-06-082012-07-01Quarterly
2012-03-07$0.352012-03-092012-04-01Quarterly
2011-12-07$0.352011-12-092012-01-01Quarterly
2011-09-07$0.322011-09-092011-10-01Quarterly
2011-06-08$0.322011-06-102011-07-01Quarterly
2011-03-09$0.322011-03-112011-04-01Quarterly
2010-12-08$0.322010-12-102011-01-01Quarterly
2010-09-08$0.302010-09-102010-10-01Quarterly
2010-06-09$0.302010-06-112010-07-01Quarterly
2010-03-10$0.302010-03-122010-04-01Quarterly
2009-12-09$0.302009-12-112010-01-01Quarterly
2009-09-09$0.292009-09-112009-10-01Quarterly
2009-06-10$0.292009-06-122009-07-01Quarterly
2009-03-11$0.292009-03-132009-04-01Quarterly
2008-12-10$0.292008-12-122009-01-01Quarterly
2008-09-10$0.252008-09-122008-10-01Quarterly
2008-06-11$0.252008-06-132008-07-01Quarterly
2008-03-12$0.252008-03-142008-04-01Quarterly
2007-12-12$0.252007-12-142008-01-01Quarterly
2007-09-12$0.202007-09-142007-10-01Quarterly
2007-06-13$0.202007-06-152007-07-01Quarterly
2007-03-07$0.182007-03-092007-04-01Quarterly
2006-12-06$0.182006-12-082007-01-01Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-09Sugla VishwasBuy2.07K——
2026-09-09Sugla VishwasBuy2.83K——
2026-09-09Sugla VishwasOther0——
2026-09-03DeSilva JosephSell631$282.87178.49K
2026-09-02Foskett DavidSell1.53K$283.00432.71K
2026-09-02DeSilva JosephSell6.51K$283.001.84M
2026-09-02D'Ambrosio ChristopherSell1.87K$283.00529.78K
2026-09-02Black MariaSell214$279.2159.75K
2026-09-02Black MariaSell256$279.4471.54K
2026-09-02Black MariaSell559$279.93156.48K
2026-09-02Black MariaSell610$281.86171.94K
2026-09-02Black MariaSell700$278.59195.01K
2026-09-02Black MariaSell760$281.70214.09K
2026-09-02Black MariaSell786$280.27220.29K
2026-09-02Black MariaSell1.02K$281.60286.67K
2026-09-02Black MariaSell1.02K$280.60285.65K
2026-09-02Black MariaSell1.19K$280.96335.19K
2026-09-02Black MariaSell1.48K$281.13416.92K
2026-09-02Black MariaSell2.90K$279.74810.67K
2026-09-02Black MariaSell7.72K$281.662.18M
2026-09-02Black MariaSell10.59K$280.822.97M
2026-09-01Rodriguez Carlos ASell13.47K$283.493.82M
2026-09-01Orihuela Samantha DBuy1.16K——
2026-09-01Orihuela Samantha DSell154$283.4943.69K
2026-09-01Michaud Brian L.Buy2.68K——
2026-09-01Michaud Brian L.Sell2.28K$283.49646.76K
2026-09-01Magliulo VirginiaBuy2.86K——
2026-09-01Magliulo VirginiaSell2.71K$283.49767.96K
2026-09-01Lehberger Jonathan SBuy903——
2026-09-01Lehberger Jonathan SSell406$283.49115.21K
2026-09-01Kwon DavidBuy1.76K——
2026-09-01Kwon DavidSell1.97K$283.49558.27K
2026-09-01KUTAM SREENIVASABuy5.26K——
2026-09-01KUTAM SREENIVASASell7.33K$283.492.08M
2026-09-01Hadley Peter JBuy6.46K——
2026-09-01Hadley Peter JSell1.65K$283.49467.94K
2026-09-01Foskett DavidBuy4.01K——
2026-09-01Foskett DavidSell1.98K$283.49561.45K
2026-09-01DeSilva JosephBuy5.09K——
2026-09-01DeSilva JosephSell7.48K$283.492.12M
2026-09-01D'Ambrosio ChristopherBuy2.56K——
2026-09-01D'Ambrosio ChristopherSell1.74K$283.49492.08K
2026-09-01Bonarti Michael ABuy5.08K——
2026-09-01Bonarti Michael ASell7.73K$283.492.19M
2026-09-01Boland PaulBuy3.63K——
2026-09-01Boland PaulSell3.13K$283.49888.33K
2026-09-01Black MariaBuy21.69K——
2026-09-01Black MariaSell31.22K$283.498.85M
2026-08-21Michaud Brian L.Sell120$279.7033.56K
2026-08-20Kwon DavidBuy967$169.84164.24K
2026-08-20Kwon DavidSell798$280.00223.44K
2026-08-20Kwon DavidSell967$169.84164.24K
2026-08-05Rodriguez Carlos ABuy24.92K——
2026-08-05Orihuela Samantha DOther0——
2026-08-05Orihuela Samantha DOther0——
2026-08-05Michaud Brian L.Buy4.05K——
2026-08-05Magliulo VirginiaBuy4.05K——
2026-08-05Lehberger Jonathan SBuy747——
2026-08-05Kwon DavidBuy3.11K——
2026-08-05KUTAM SREENIVASABuy11.08K——
2026-08-05Hadley Peter JBuy1.48K——
2026-08-05Foskett DavidBuy2.65K——
2026-08-05DeSilva JosephBuy10.90K——
2026-08-05D'Ambrosio ChristopherBuy2.60K——
2026-08-05Bonarti Michael ABuy11.57K——
2026-08-05Boland PaulBuy4.67K——
2026-08-05Black MariaBuy44.86K——
2026-07-31Kwon DavidBuy250$138.5334.63K
2026-07-31Kwon DavidSell250$138.5334.63K
2026-07-30Kwon DavidBuy887$138.53122.88K
2026-07-30Kwon DavidSell474$265.62125.90K
2026-07-30Kwon DavidSell887$265.62235.60K
2026-07-30Kwon DavidSell1.05K$265.62279.70K
2026-07-30Kwon DavidSell887$138.53122.88K
2026-07-01Michaud Brian L.Buy49$223.9411.07K
2026-07-01Foskett DavidBuy49$223.9411.07K
2026-07-01Black MariaBuy49$223.9411.07K
2026-05-08Michaud Brian L.Sell848$212.13179.89K
2026-05-07SWAN ROBERT HOLMESBuy3.62K$206.05745.69K
2026-04-14D'Ambrosio ChristopherSell543$195.74106.29K
2026-03-16D'Ambrosio ChristopherSell543$208.45113.19K
2026-02-17D'Ambrosio ChristopherSell543$212.43115.35K
2026-02-06Michaud Brian L.Sell1.00K$234.18234.18K
2026-02-05Foskett DavidSell266$237.0063.04K
2026-02-02Michaud Brian L.Sell132$246.8232.55K
2026-01-30Foskett DavidSell586$246.82144.55K
2026-01-13D'Ambrosio ChristopherSell543$262.29142.42K
2026-01-12Kwon DavidSell806$264.80213.43K
2026-01-12KUTAM SREENIVASASell85$266.0222.50K
2026-01-06Kwon DavidBuy1.14K$138.53157.51K
2026-01-06Kwon DavidSell900$260.00234.00K
2026-01-06Kwon DavidSell1.14K$138.53157.51K
2026-01-05Black MariaSell51$253.3212.92K
2026-01-05Black MariaSell56$255.7314.32K
2026-01-05Black MariaSell71$254.9518.10K
2026-01-05Black MariaSell98$258.7725.36K
2026-01-05Black MariaSell145$257.2437.30K
2026-01-05Black MariaSell294$258.0975.88K
2026-01-02DeSilva JosephSell78——
2026-01-02Black MariaSell435$257.23111.95K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 2.36K, holders +14 vs prior quarter. Ownership 91.60%.

HolderSharesChangeChange %Value
BLACKROCK, INC.36.16M657.40K+1.85%8.10B
VANGUARD CAPITAL MANAGEMENT LLC26.10M-54.87K-0.21%5.84B
STATE STREET CORP20.39M1.06M+5.50%4.60B
INVESCO LTD.13.56M5.11M+60.49%3.04B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.12.73M12.73MNew2.85B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC12.73M1.17M+10.10%2.85B
GEODE CAPITAL MANAGEMENT, LLC11.96M-38.19K-0.32%2.68B
VANGUARD PORTFOLIO MANAGEMENT LLC10.54M-510.74K-4.62%2.36B
WELLINGTON MANAGEMENT GROUP LLP10.03M-75.16K-0.74%2.25B
MORGAN STANLEY8.36M1.97M+30.76%1.87B
CAPITAL RESEARCH GLOBAL INVESTORS8.28M-278.21K-3.25%1.85B
WELLS FARGO & COMPANY/MN7.19M285.44K+4.13%1.61B
NORTHERN TRUST CORP5.81M-190.08K-3.17%1.30B
BANK OF AMERICA CORP /DE/5.50M238.70K+4.54%1.23B
GOLDMAN SACHS GROUP INC5.21M848.04K+19.44%1.17B
FIRST EAGLE INVESTMENT MANAGEMENT, LLC5.17M2.32M+81.56%1.16B
ALLIANCEBERNSTEIN L.P.5.18M81.97K+1.61%1.05B
DEUTSCHE BANK AG\4.44M368.36K+9.04%994.94M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC4.25M129.38K+3.14%952.11M
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO3.66M00.00%819.05M
BANK OF NEW YORK MELLON CORP3.24M-4.73K-0.15%725.51M
AMUNDI3.12M82.80K+2.73%698.01M
FIRST TRUST ADVISORS LP3.00M504.17K+20.18%672.30M
NORGES BANK2.92M2.92MNew653.98M
NINETY ONE UK LTD2.73M366.69K+15.51%611.50M

Insights

Revenue by product
PeriodValue
FY2011Dealer Services Segment: 1494400000.0, Employer Services Segment: 6861700000.0, Foreign Exchange Reconciling Item: 179500000.0, Interest on Funds Held for Clients: -212900000.0, Other Segments: 12900000.0, Professional Employee Organization Services Segment: 1543900000.0
FY2012Dealer Services Segment: 1683700000.0, Employer Services Segment: 7567700000.0, Foreign Exchange Reconciling Item: -55900000.0, Interest on Funds Held for Clients: -307200000.0, Other Segments: 5500000.0, Professional Employee Organization Services Segment: 1771400000.0
FY2013Dealer Services Segment: 1813700000.0, Employer Services Segment: 7914000000.0, Foreign Exchange Reconciling Item: 39900000.0, Interest on Funds Held for Clients: -432400000.0, Other Segments: 1700000.0, Professional Employee Organization Services Segment: 1973200000.0
FY2014Dealer Services Segment: 1951400000.0, Employer Services Segment: 8535200000.0, Other Segments: -900000.0, Professional Employee Organization Services Segment: 2270900000.0
FY2015Employer Services Segment: 8897300000.0, Other Segments: -12400000.0, Professional Employee Organization Services Segment: 2647200000.0
FY2016Employer Services Segment: 9211900000.0, Other Segments: 1900000.0, Professional Employee Organization Services Segment: 3073100000.0
FY2017Employer Services Segment: 9535200000.0, Other Segments: -10600000.0, Professional Employee Organization Services Segment: 3483600000.0
FY2018Employer Services Segment: 10057800000.0, Other Segments: -9400000.0, Professional Employee Organization Services Segment: 3896600000.0
FY2019Global: 2014600000.0, HCM: 6441800000.0, HRO: 2444400000.0, Interest on Funds Held for Clients: 561900000.0, Professional Employee Organization Services Segment: 2712500000.0
FY2020Global: 2052800000.0, HCM: 6540900000.0, HRO: 2543200000.0, Interest on Funds Held for Clients: 545200000.0, Professional Employee Organization Services Segment: 2907700000.0
FY2021Global: 2167100000.0, HCM: 6629100000.0, HRO: 2694800000.0, Interest on Funds Held for Clients: 422400000.0, Professional Employee Organization Services Segment: 3092000000.0
FY2022Global: 2240900000.0, HCM: 7174900000.0, HRO: 3116300000.0, Interest on Funds Held for Clients: 451800000.0, Professional Employee Organization Services Segment: 3514400000.0
FY2023Global: 2295800000.0, HCM: 7716100000.0, HRO: 3386000000.0, Interest on Funds Held for Clients: 813400000.0, Professional Employee Organization Services Segment: 3800900000.0
FY2024Global: 2502100000.0, HCM: 8155700000.0, HRO: 3544200000.0, Interest on Funds Held for Clients: 1024700000.0, Professional Employee Organization Services Segment: 3975900000.0
FY2025Global: 2626000000.0, HCM: 8674500000.0, HRO: 3782300000.0, Professional Employee Organization Services Segment: 4289000000.0
FY2026Global: 2901200000.0, HCM: 9120400000.0, HRO: 3975800000.0, Professional Employee Organization Services Segment: 4607300000.0
Revenue by region
PeriodValue
FY2010CANADA: 383400000.0, Europe: 1089800000.0, Other Segments: 259500000.0, UNITED STATES: 7195000000.0
FY2011CANADA: 428200000.0, Europe: 1190600000.0, Other Segments: 330400000.0, UNITED STATES: 7930300000.0
FY2012CANADA: 447500000.0, Europe: 1269800000.0, Other Segments: 405400000.0, UNITED STATES: 8542500000.0
FY2013CANADA: 464900000.0, Europe: 1279100000.0, Other Segments: 451200000.0, UNITED STATES: 9114900000.0
FY2014CANADA: 437900000.0, Europe: 1387100000.0, Other Segments: 491300000.0, UNITED STATES: 9890200000.0
FY2015CANADA: 320800000.0, Europe: 1086600000.0, Other Segments: 429300000.0, UNITED STATES: 9101800000.0
FY2016CANADA: 284100000.0, Europe: 1063700000.0, Other Segments: 450000000.0, UNITED STATES: 9870000000.0
FY2017CANADA: 291100000.0, Europe: 1086000000.0, Other Segments: 465300000.0, UNITED STATES: 10537400000.0
FY2018CANADA: 322100000.0, Europe: 1245900000.0, Other Segments: 271400000.0, UNITED STATES: 11486400000.0
FY2019CANADA: 326600000.0, Europe: 1236800000.0, Other Segments: 284200000.0, UNITED STATES: 12327600000.0
FY2020CANADA: 329800000.0, Europe: 1236300000.0, Other Segments: 283600000.0, UNITED STATES: 12740100000.0
FY2021CANADA: 337300000.0, Europe: 1307900000.0, Other Segments: 278500000.0, UNITED STATES: 13081700000.0
FY2022CANADA: 389300000.0, Europe: 1304200000.0, Other Segments: 301500000.0, UNITED STATES: 14503300000.0
FY2023CANADA: 427500000.0, Europe: 1309200000.0, Other Segments: 324600000.0, UNITED STATES: 15950900000.0
FY2024CANADA: 473700000.0, Europe: 1451400000.0, Other Segments: 343300000.0, UNITED STATES: 16934200000.0
FY2025CANADA: 489300000.0, Europe: 1533500000.0, Other Segments: 358900000.0, UNITED STATES: 18179200000.0
FY2026CANADA: 523700000.00000006, Other Segments: 410600000.0, UNITED STATES: 19279800000.0

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Automatic Data Processing (ADP) Stock Insights

ADP$285.37-7.74 -2.64%

$113.08B

Market Cap

27.45

P/E

23.27

Forward P/E

37

Score

Price History