Create a free account

US · USD

ADP

Automatic Data Processing Inc

US$264.47+2.48% (US$6.41)
Day's range
US$261.86 – US$266.46
Day's volume
US$206.2m
52-week range
US$186.18 – US$285.65

Follow ADP on Fuolio

See how ADP weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

ADP in numbers

Market cap
US$104.9bn
P/E
23.81
P/B
17.42
Dividend yield (12m)
2.57%

The 12-month dividend yield of ADP is 2.57%, above its 5-year average of 1.94%.

ADP price history

01/10/202501/10/2026
Compare with

ADP risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+4.45%+30.10%+31.59%
Volatility (annualised)28.10%20.73%23.17%
Largest drawdown-20.79%-36.02%-36.02%
Positive months7/1222/3634/60

How much did investing in ADP return?

US$1,000.00 invested on 01/10/2021 would be worth US$1,317.16 today.

Value today in ADP
US$1,317.16
Return over the period
+31.72%
Return per year
+5.67%
In the S&P 500
US$1,666.60

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

ADP fundamentals

Valuation

  • P/E
    23.81
  • P/B
    17.42
  • EV/EBITDA
    —
  • EV/EBIT
    —
  • EV/Revenue
    4.81
  • P/EBIT
    —
  • P/S
    4.78
  • P/OCF
    19.27
  • P/FCF
    —
  • Earnings yield
    —
  • PEG ratio
    —
  • Earnings per share
    US$11.11
  • Book value per share
    US$15.18

Debt

  • Net debt
    US$734m
  • Net debt/EBITDA
    —
  • Net debt/Equity
    0.12
  • Debt/Equity
    0.82
  • Current ratio
    1.05
  • Quick ratio
    —
  • Cash ratio
    0.08

Efficiency

  • Gross margin
    46.42%
  • EBITDA margin
    —
  • Operating margin
    —
  • Net margin
    20.11%
  • Asset turnover
    0.35

Profitability

  • ROE
    73.18%
  • ROA
    6.98%
  • ROIC
    —
  • Payout
    61.21%

Growth

  • Revenue CAGR (5 years)
    7.90%
  • Earnings CAGR (5 years)
    11.18%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is ADP's fair price?

Two classic value formulas, with today's numbers. The current price is US$264.47.

Graham's fair price
US$61.60
76.71% below the price

√(22.50 × US$11.11 × US$15.18)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$82.13
68.94% below the price

US$4.93 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

ADP indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20262025202420232022202120202019
P/E23.7825.5431.8228.1333.6640.1530.7232.27
P/B17.4016.8426.2527.3530.7718.4013.1713.70
Dividend yield2.58%2.39%1.91%2.15%1.74%1.51%2.07%1.85%
Earnings per shareUS$11.11US$10.07US$9.20US$8.28US$7.10US$6.14US$5.74US$5.28
Book value per shareUS$15.18US$15.28US$11.15US$8.52US$7.76US$13.40US$13.38US$12.44
ROE73.18%65.93%82.51%97.23%91.43%45.83%42.88%42.46%
Gross margin46.42%46.03%45.44%44.74%42.65%42.42%42.12%43.15%
Net margin20.11%19.84%19.54%18.94%17.87%17.32%16.91%16.25%

ADP financial statements

Line202620252024202320222021
Net revenueUS$21.9bnUS$20.6bnUS$19.2bnUS$18bnUS$16.5bnUS$15bn
Cost of sales-US$11.8bn-US$11.1bn-US$10.5bn-US$10bn-US$9.5bn-US$8.6bn
Gross profitUS$10.2bnUS$9.5bnUS$8.7bnUS$8.1bnUS$7bnUS$6.4bn
EBITDA——————
EBIT——————
Net finance resultUS$410.6mUS$354.1mUS$286.7mUS$183.5mUS$82.8mUS$96.3m
Profit before taxUS$5.7bnUS$5.3bnUS$4.9bnUS$4.4bnUS$3.8bnUS$3.4bn
Income tax-US$1.3bn-US$1.2bn-US$1.1bn-US$1bn-US$855.2m-US$762.7m
Net incomeUS$4.4bnUS$4.1bnUS$3.8bnUS$3.4bnUS$2.9bnUS$2.6bn

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does ADP pay dividends?

Dividend yield per year

  • 1.95%2017
  • 2.01%2018
  • 1.85%2019
  • 2.07%2020
  • 1.51%2021
  • 1.74%2022
  • 2.15%2023
  • 1.91%2024
  • 2.39%2025
  • 2.58%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend10/09/202601/10/2026US$1.70
Dividend11/06/202601/07/2026US$1.70
Dividend12/03/202601/04/2026US$1.70
Dividend11/12/202501/01/2026US$1.70
Dividend11/09/202501/10/2025US$1.54
Dividend12/06/202501/07/2025US$1.54
Dividend13/03/202501/04/2025US$1.54
Dividend12/12/202401/01/2025US$1.54
Dividend12/09/202401/10/2024US$1.40
Dividend13/06/202401/07/2024US$1.40
Dividend06/03/202401/04/2024US$1.40
Dividend06/12/202301/01/2024US$1.40
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend06/09/202301/10/2023US$1.25
Dividend07/06/202301/07/2023US$1.25
Dividend08/03/202301/04/2023US$1.25
Dividend07/12/202201/01/2023US$1.25
Dividend07/09/202201/10/2022US$1.04
Dividend08/06/202201/07/2022US$1.04
Dividend09/03/202201/04/2022US$1.04
Dividend08/12/202101/01/2022US$1.04
Dividend08/09/202101/10/2021US$0.93
Dividend09/06/202101/07/2021US$0.93
Dividend10/03/202101/04/2021US$0.93
Dividend09/12/202001/01/2021US$0.93
Dividend09/09/202001/10/2020US$0.91
Dividend10/06/202001/07/2020US$0.91
Dividend11/03/202001/04/2020US$0.91
Dividend11/12/201901/01/2020US$0.91
Dividend11/09/201901/10/2019US$0.79
Dividend12/06/201901/07/2019US$0.79
Dividend06/03/201901/04/2019US$0.79
Dividend12/12/201801/01/2019US$0.79
Dividend12/09/201801/10/2018US$0.69
Dividend06/06/201801/07/2018US$0.69
Dividend07/03/201801/04/2018US$0.63
Dividend06/12/201701/01/2018US$0.63
Dividend06/09/201701/10/2017US$0.57
Dividend06/06/201701/07/2017US$0.57
Dividend07/03/201701/04/2017US$0.57
Dividend06/12/201601/01/2017US$0.57

About Automatic Data Processing

Sector
Services

Questions about ADP

How much is ADP today?

ADP is at US$264.47 (2.48% on the day), last traded on 01/10/2026.

How much did ADP pay in dividends in 2025?

ADP paid US$6.16 per share in 2025, a dividend yield of 2.39%.

What are the P/E and P/B of ADP?

ADP trades at a P/E of 23.81 and a P/B of 17.42.

How much did ADP return in 12 months?

ADP returned 4.45% in 12 months, with annualised volatility of 28.10% and a largest drawdown of -20.79%.