ADPNasdaqServices-Computer Processing & Data PreparationFiscal year ends June 30
AUTOMATIC DATA PROCESSING INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 5, 2026
$287.03−1.87 (-0.65%)
Close on Oct 19, 2026
- Market cap
- $114.73B
- P/E (TTM)
- 26.2
- Dividend yield
- 2.31%
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
46.4%+4.0 pts over 5 years
Net margin
20.1%+2.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.7% | +6.8% | +7.9% | +6.5% | |
| Gross profit | +7.6% | +8.1% | +9.9% | +7.8% | |
| Net income | +8.2% | +9.0% | +11.2% | +11.5% | |
| EPS, diluted | +9.6% | +10.0% | +12.5% | +12.9% | |
| Dividend per share | +10.3% | +11.5% | +12.4% | +12.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 42.3% | 45.5% | 72.2% | |
| Return on assets | 4.3% | 5.9% | 7.6% | |
| Current ratio | 1.10 | 1.07 | 1.05 | |
| Debt to equity | 0.51 | 0.53 | 0.82 | |
| Diluted shares | 450M | 428M | 403M |
Cash use needs five years of cash flow figures
Automatic Data Processing does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.1%
×Asset turnover0.38×
×Equity multiplier9.54×
=Return on equity, FY202672.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 20.1% | 0.38× | 9.54× | 72.2% |
| FY2025 | 19.8% | 0.38× | 10.04× | 76.0% |
| FY2024 | 19.5% | 0.36× | 13.07× | 93.1% |
| FY2023 | 18.9% | 0.32× | 16.93× | 101.3% |
| FY2022 | 17.9% | 0.30× | 12.57× | 66.3% |
| FY2021 | 17.3% | 0.34× | 7.70× | 45.5% |
| FY2020 | 16.9% | 0.36× | 7.27× | 44.2% |
| FY2019 | 16.2% | 0.35× | 7.97× | 45.2% |
| FY2018 | 14.2% | 0.34× | 8.92× | 43.3% |
| FY2017 | 14.5% | 0.30× | 9.76× | 42.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
8of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$4.41B
- Cash generatingOperating cash flow above zero$5.44B
- Return on assets improvedROA up on the prior year7.5% → 8.3%
- Earnings backed by cashOperating cash flow above net income$5.44B vs $4.41B
- Less leverageLong-term debt to assets fell7.4% → 7.9%
- Better liquidityCurrent ratio rose1.05 → 1.05
- No dilutionShare count did not rise409M → 403M
- Gross margin improvedGross margin up on the prior year46.03% → 46.42%
- More efficientAsset turnover rose0.38 → 0.41