AUTOMATIC DATA PROCESSING INC (ADP)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014
Total Revenue5,175,200,000$5,126,800,000$5,553,000,000$5,048,400,000$4,832,700,000$4,768,500,000$5,253,800,000$4,668,000,000$4,512,400,000$4,477,800,000$4,927,800,000$4,391,000,000$4,215,600,000$4,127,700,000$4,513,000,000$4,025,400,000$3,832,300,000$3,737,000,000$4,102,000,000$3,695,700,000$3,470,700,000$3,376,800,000$4,047,800,000$3,669,500,000$3,495,700,000$3,479,300,000$3,828,200,000$3,492,400,000$3,310,300,000$3,316,200,000$3,696,000,000$3,238,300,000$3,077,200,000$3,064,800,000$3,410,800,000$2,987,300,000$2,916,900,000$2,898,200,000$3,248,600,000$2,807,000,000$2,714,000,000$2,694,500,000$3,024,400,000$2,653,500,000$2,566,100,000$2,566,600,000$2,817,800,000$2,486,600,000$
QoQ%.94%(7.68%)10.00%4.46%1.35%(9.24%)12.55%3.45%.77%(9.13%)12.23%4.16%2.13%(8.54%)12.11%5.04%2.55%(8.90%)10.99%6.48%2.78%(16.58%)10.31%4.97%.47%(9.11%)9.62%5.50%(.18%)(10.28%)14.13%5.24%.41%(10.14%)14.18%2.41%.65%(10.79%)15.73%3.43%.72%(10.91%)13.98%3.41%(.02%)(8.92%)13.32%5.57%
YoY%7.09%7.51%5.70%8.15%7.10%6.49%6.62%6.31%7.04%8.48%9.19%9.08%10.00%10.46%10.02%8.92%10.42%10.67%1.34%.71%(.72%)(2.95%)5.74%5.07%5.60%4.92%3.58%7.85%7.58%8.20%8.36%8.40%5.50%5.75%4.99%6.42%7.48%7.56%7.41%5.79%5.76%4.98%7.33%6.71%8.95%(8.43%)(9.38%)(9.34%)
Cost Of Revenue2,836,100,000$2,816,900,000$2,904,200,000$2,742,500,000$2,633,700,000$2,631,600,000$2,768,200,000$2,561,600,000$2,515,400,000$2,485,300,000$2,623,800,000$2,450,700,000$2,393,600,000$2,385,900,000$2,512,200,000$2,341,200,000$2,222,600,000$2,205,500,000$2,278,100,000$2,122,400,000$2,034,300,000$2,067,200,000$2,239,100,000$2,094,100,000$2,044,800,000$2,001,100,000$2,111,800,000$2,013,700,000$1,940,500,000$1,974,000,000$2,079,300,000$1,937,900,000$1,851,500,000$1,847,400,000$1,911,000,000$1,767,800,000$1,743,600,000$1,698,600,000$1,812,700,000$1,682,500,000$1,646,500,000$1,601,700,000$1,684,300,000$1,583,300,000$1,558,300,000$1,845,600,000$1,585,700,000$1,478,600,000$
Gross Profit2,339,100,000$2,309,900,000$2,648,800,000$2,305,900,000$2,199,000,000$2,136,900,000$2,485,600,000$2,106,400,000$1,997,000,000$1,992,500,000$2,304,000,000$1,940,300,000$1,822,000,000$1,741,800,000$2,000,800,000$1,684,200,000$1,609,700,000$1,531,500,000$1,823,900,000$1,573,300,000$1,436,400,000$1,309,600,000$1,808,700,000$1,575,400,000$1,450,900,000$1,478,200,000$1,735,600,000$1,492,200,000$1,382,700,000$1,373,800,000$1,616,700,000$1,300,400,000$1,225,700,000$1,217,600,000$1,499,800,000$1,219,500,000$1,173,300,000$1,199,700,000$1,435,900,000$1,124,500,000$1,067,500,000$1,092,700,000$1,340,000,000$1,070,300,000$1,007,800,000$1,020,700,000$1,235,600,000$1,011,500,000$
Gross Margin45.20%45.06%47.70%45.68%45.50%44.81%47.31%45.12%44.26%44.50%46.76%44.19%43.22%42.20%44.33%41.84%42.00%40.98%44.46%42.57%41.39%38.78%44.68%42.93%41.51%42.49%45.34%42.73%41.77%41.43%43.74%40.16%39.83%39.73%43.97%40.82%40.22%41.40%44.20%40.06%39.33%40.55%44.31%40.34%39.27%39.77%43.85%40.68%
Operating Expenses3,467,900,000$3,529,200,000$3,550,500,000$3,382,200,000$3,212,500,000$3,308,000,000$3,347,400,000$3,135,800,000$3,037,900,000$3,105,900,000$3,237,800,000$2,990,200,000$2,874,700,000$2,982,800,000$3,030,000,000$2,823,000,000$2,650,000,000$2,751,900,000$2,762,500,000$2,603,600,000$2,443,100,000$2,571,900,000$2,730,700,000$2,590,300,000$2,514,200,000$2,610,900,000$2,605,700,000$2,517,600,000$2,410,900,000$2,472,900,000$2,595,300,000$2,432,800,000$2,306,100,000$2,413,000,000$2,366,500,000$2,201,200,000$2,179,200,000$2,264,400,000$2,246,000,000$2,106,600,000$2,045,100,000$2,122,900,000$2,089,800,000$1,972,300,000$2,141,800,000$2,638,200,000$2,558,500,000$2,450,000,000$
Operating Income
Operating Margin
Interest Income101,500,000$88,000,000$55,900,000$83,900,000$91,700,000$82,000,000$55,900,000$56,900,000$46,500,000$66,700,000$24,100,000$28,900,000$29,700,000$17,200,000$5,600,000$8,500,000$9,700,000$7,600,000$4,700,000$10,400,000$13,800,000$14,400,000$12,100,000$25,700,000$32,300,000$26,000,000$15,000,000$28,100,000$28,500,000$24,100,000$11,000,000$22,700,000$25,800,000$22,200,000$10,100,000$21,300,000$22,900,000$16,800,000$9,700,000$17,300,000$18,600,000$13,000,000$7,200,000$18,300,000$18,300,000$13,000,000$6,100,000$16,100,000$
Interest Expenses135,400,000$113,700,000$74,800,000$129,600,000$137,800,000$102,200,000$62,700,000$104,900,000$91,600,000$106,900,000$38,300,000$57,000,000$51,200,000$26,600,000$18,400,000$18,400,000$18,500,000$17,300,000$13,500,000$13,900,000$15,100,000$15,600,000$20,000,000$31,600,000$39,900,000$33,700,000$21,700,000$38,600,000$35,900,000$28,600,000$18,600,000$27,500,000$28,000,000$22,800,000$16,800,000$20,500,000$19,900,000$18,100,000$16,300,000$16,800,000$4,900,000$1,600,000$800,000$2,200,000$1,900,000$1,400,000$900,000$2,000,000$
Income Before Tax1,307,500,000$1,190,700,000$1,621,900,000$1,261,300,000$1,236,200,000$1,089,300,000$1,546,300,000$1,143,800,000$1,092,800,000$1,005,600,000$1,364,000,000$1,058,100,000$1,010,000,000$803,400,000$1,189,900,000$910,100,000$900,800,000$697,100,000$1,066,200,000$832,600,000$765,200,000$531,300,000$1,076,700,000$835,500,000$739,100,000$633,300,000$984,500,000$741,000,000$646,800,000$254,900,000$875,200,000$587,500,000$564,900,000$388,400,000$827,900,000$786,200,000$528,700,000$427,000,000$794,800,000$507,900,000$505,000,000$381,600,000$739,900,000$498,800,000$450,400,000$357,000,000$659,200,000$460,500,000$
Tax Expenses294,500,000$280,000,000$372,400,000$298,100,000$279,900,000$260,000,000$361,400,000$265,400,000$233,400,000$228,900,000$320,900,000$245,000,000$231,000,000$177,900,000$261,400,000$215,700,000$200,300,000$158,900,000$255,500,000$185,100,000$163,100,000$119,700,000$255,800,000$183,900,000$156,700,000$157,900,000$230,800,000$182,800,000$141,400,000$114,000,000$214,200,000$(82,900,000$)152,300,000$154,000,000$240,000,000$275,300,000$160,000,000$145,000,000$262,300,000$166,500,000$167,500,000$124,600,000$249,600,000$166,300,000$153,800,000$122,500,000$227,600,000$147,800,000$
Net Income1,013,000,000$910,700,000$1,249,500,000$963,200,000$956,300,000$829,300,000$1,184,900,000$878,400,000$859,400,000$776,700,000$1,043,100,000$813,100,000$779,000,000$625,500,000$928,500,000$694,400,000$700,500,000$538,200,000$810,700,000$647,500,000$602,100,000$411,500,000$820,900,000$651,600,000$582,400,000$475,500,000$753,700,000$558,200,000$505,400,000$140,900,000$661,000,000$670,400,000$412,600,000$265,800,000$587,900,000$510,900,000$368,700,000$282,000,000$532,500,000$341,400,000$336,600,000$336,200,000$489,600,000$331,500,000$295,200,000$288,700,000$521,600,000$377,000,000$
Profit Margin19.57%17.76%22.50%19.08%19.79%17.39%22.55%18.82%19.05%17.35%21.17%18.52%18.48%15.15%20.57%17.25%18.28%14.40%19.76%17.52%17.35%12.19%20.28%17.76%16.66%13.67%19.69%15.98%15.27%4.25%17.88%20.70%13.41%8.67%17.24%17.10%12.64%9.73%16.39%12.16%12.40%12.48%16.19%12.49%11.50%11.25%18.51%15.16%
TTM19.79%19.84%19.79%19.76%19.72%19.54%19.56%19.14%19.07%18.94%18.46%18.24%17.93%17.87%17.77%17.48%17.55%17.32%16.88%17.01%17.07%16.91%17.22%17.02%16.58%16.25%14.04%13.50%14.58%14.14%15.37%15.14%14.17%14.00%14.33%14.06%12.84%12.79%13.49%13.38%13.48%13.28%13.00%13.55%14.20%14.82%13.90%13.16%
Earnings to Minority
Earnings to Common Shareholders1,013,000,000$910,700,000$1,249,500,000$963,200,000$956,300,000$829,300,000$1,184,900,000$878,400,000$859,400,000$776,700,000$1,043,100,000$813,100,000$779,000,000$625,500,000$928,500,000$694,400,000$700,500,000$538,200,000$810,700,000$647,500,000$602,100,000$411,500,000$820,900,000$651,600,000$582,400,000$475,500,000$753,700,000$558,200,000$505,400,000$140,900,000$661,000,000$670,400,000$412,600,000$265,800,000$587,900,000$510,900,000$368,700,000$282,000,000$532,500,000$341,400,000$336,600,000$336,200,000$489,600,000$331,500,000$295,200,000$288,700,000$521,600,000$377,000,000$
QoQ%11.23%(27.12%)29.72%.72%15.31%(30.01%)34.89%2.21%10.65%(25.54%)28.29%4.38%24.54%(32.63%)33.71%(.87%)30.16%(33.61%)25.21%7.54%46.32%(49.87%)25.98%11.88%22.48%(36.91%)35.02%10.45%258.69%(78.68%)(1.40%)62.48%55.23%(54.79%)15.07%38.57%30.75%(47.04%)55.98%1.43%.12%(31.33%)47.69%12.30%2.25%(44.65%)38.36%14.73%
YoY%5.93%9.82%5.45%9.65%11.28%6.77%13.59%8.03%10.32%24.17%12.34%17.09%11.21%16.22%14.53%7.24%16.34%30.79%(1.24%)(.63%)3.38%(13.46%)8.92%16.73%15.24%237.47%14.02%(16.74%)22.49%(46.99%)12.43%31.22%11.91%(5.75%)10.40%49.65%9.54%(16.12%)8.76%2.99%14.02%16.45%(6.14%)(12.07%)(10.16%)27.18%8.06%(3.56%)
Earnings Per Share, Basic2.50$2.24$3.07$2.36$2.34$2.03$2.89$2.14$2.09$1.88$2.52$1.96$1.88$1.50$2.22$1.65$1.66$1.27$1.90$1.51$1.40$0.96$1.91$1.51$1.35$1.10$1.74$1.28$1.16$0.32$1.50$1.52$0.93$0.60$1.32$1.14$0.82$0.62$1.17$0.75$0.73$0.72$1.04$0.70$0.62$0.60$1.09$0.79$
Earnings Per Share, Diluted2.49$2.23$3.06$2.36$2.34$2.02$2.88$2.13$2.08$1.88$2.51$1.95$1.87$1.49$2.21$1.65$1.65$1.26$1.90$1.51$1.40$0.96$1.90$1.50$1.34$1.09$1.73$1.27$1.15$0.32$1.49$1.51$0.93$0.60$1.31$1.13$0.81$0.62$1.17$0.74$0.72$0.72$1.03$0.69$0.61$0.60$1.08$0.78$
Unlevered FCF Per Share, Basic1.59$3.54$3.75$2.82$2.02$3.18$3.65$2.51$0.79$2.88$3.39$2.17$1.73$2.20$2.32$2.61$0.29$1.54$2.94$1.65$1.12$1.81$2.60$1.62$1.00$1.69$2.36$1.80$0.34$1.61$2.57$0.98$0.55$1.03$1.85$1.14$0.73$1.46$1.58$0.89$0.24$1.10$1.82$0.48$0.79$1.26$1.55$0.82$
Unlevered FCF Per Share, Diluted1.58$3.53$3.74$2.81$2.01$3.17$3.64$2.50$0.79$2.86$3.38$2.16$1.72$2.18$2.31$2.59$0.29$1.53$2.93$1.65$1.12$1.80$2.59$1.61$0.99$1.68$2.35$1.79$0.34$1.60$2.56$0.97$0.55$1.02$1.84$1.14$0.72$1.46$1.57$0.88$0.23$1.09$1.81$0.48$0.79$1.25$1.54$0.81$
Average Shares, Basic405,100,000406,000,000406,900,000407,600,000407,900,000409,100,000410,500,000411,100,000411,700,000412,200,000413,700,000414,300,000414,600,000415,900,000418,100,000419,800,000421,400,000423,400,000425,800,000427,400,000428,600,000429,000,000430,000,000431,500,000432,700,000433,400,000434,100,000435,700,000436,800,000437,900,000441,000,000441,300,000442,200,000444,500,000446,500,000447,900,000452,300,000453,600,000454,400,000457,600,000462,400,000465,100,000470,300,000476,600,000478,400,000478,200,000478,900,000478,400,000
Average Shares, Diluted406,500,000407,800,000408,500,000409,000,000409,500,000410,600,000412,100,000412,500,000413,600,000414,200,000415,500,000416,200,000416,900,000418,400,000420,200,000422,000,000423,800,000425,700,000427,700,000429,000,000430,000,000430,300,000431,800,000433,300,000435,400,000435,900,000436,600,000438,000,000439,900,000441,100,000443,400,000443,700,000445,000,000446,400,000449,200,000450,300,000455,300,000453,500,000456,900,000460,300,000465,700,000467,200,000474,000,000480,300,000481,700,000482,300,000483,000,000482,800,000
EBIT1,442,900,000$1,304,400,000$1,696,700,000$1,390,900,000$1,374,000,000$1,191,500,000$1,609,000,000$1,248,700,000$1,184,400,000$1,112,500,000$1,402,300,000$1,115,100,000$1,061,200,000$830,000,000$1,208,300,000$928,500,000$919,300,000$714,400,000$1,079,700,000$846,500,000$780,300,000$546,900,000$1,096,700,000$867,100,000$779,000,000$667,000,000$1,006,200,000$779,600,000$682,700,000$283,500,000$893,800,000$615,000,000$592,900,000$411,200,000$844,700,000$806,700,000$548,600,000$445,100,000$811,100,000$524,700,000$509,900,000$383,200,000$740,700,000$501,000,000$452,300,000$358,400,000$660,100,000$462,500,000$
EBITDA1,589,600,000$1,450,100,000$1,843,700,000$1,542,000,000$1,512,600,000$1,327,200,000$1,753,600,000$1,388,800,000$1,325,900,000$1,252,900,000$1,539,300,000$1,251,900,000$1,196,300,000$960,500,000$1,337,300,000$1,055,000,000$1,048,400,000$840,400,000$1,206,600,000$973,200,000$911,400,000$671,400,000$1,217,300,000$984,700,000$896,300,000$776,400,000$1,109,300,000$877,100,000$781,700,000$382,800,000$990,100,000$709,800,000$680,100,000$493,700,000$922,300,000$885,100,000$626,200,000$519,000,000$884,400,000$597,300,000$578,700,000$454,000,000$810,700,000$570,400,000$520,000,000$429,100,000$725,000,000$529,500,000$