Automatic Data Processing, Inc. (ADP)

NASDAQ: ADP · IEX Real-Time Price · USD

232.97

+0.48 (0.21%)

At close: Dec 29, 2023, 4:00 PM

229.28

-3.69 (-1.58%)

After-hours: Dec 29, 2023, 4:52 PM EST

Income Statement (Annual)

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1995
Revenue	18,012	16,498	15,005	14,590	14,110	13,274	12,372	11,668	10,939	10,226	Upgrade
Revenue Growth (YoY)	9.18%	9.95%	2.85%	3.40%	6.30%	7.29%	6.04%	6.67%	6.96%	8.31%	Upgrade
Cost of Revenue	9,953	9,462	8,640	8,445	8,022	7,757	7,245	6,840	6,428	6,041	Upgrade
Gross Profit	8,059	7,036	6,365	6,145	6,089	5,517	5,128	4,828	4,511	4,185	Upgrade
Selling, General & Admin	3,551	3,233	3,041	3,003	3,064	2,959	2,774	2,637	2,497	2,370	Upgrade
Operating Expenses	3,551	3,233	3,041	3,003	3,064	2,959	2,774	2,637	2,497	2,370	Upgrade
Operating Income	4,507	3,803	3,325	3,142	3,024	2,557	2,354	2,191	2,014	1,815	Upgrade
Interest Expense / Income	253.3	81.9	59.7	107.1	129.9	102.7	80	56.2	6.5	6.1	Upgrade
Other Expense / Income	-183.5	-82.8	-96.3	-148	-111.1	172.1	-343.2	-100	-234.7	-485.1	Upgrade
Pretax Income	4,438	3,804	3,361	3,183	3,006	2,283	2,617	2,234	2,242	2,294	Upgrade
Income Tax	1,026	855.2	762.7	716.1	712.8	397.7	829.1	741.8	789.7	778.2	Upgrade
Net Income	3,412	2,949	2,599	2,467	2,293	1,885	1,788	1,493	1,453	1,516	Upgrade
Net Income Growth	15.70%	13.48%	5.35%	7.58%	21.64%	5.43%	19.79%	2.75%	-4.18%	7.83%	Upgrade
Shares Outstanding (Basic)	414	419	426	431	435	441	448	457	473	479	Upgrade
Shares Outstanding (Diluted)	416	421	428	433	438	443	450	459	476	483	Upgrade
Shares Change	-1.28%	-1.64%	-1.06%	-1.12%	-1.29%	-1.55%	-1.92%	-3.51%	-1.51%	-0.82%	Upgrade
EPS (Basic)	8.25	7.04	6.10	5.73	5.27	4.28	3.99	3.27	3.07	3.17	Upgrade
EPS (Diluted)	8.21	7.00	6.07	5.70	5.24	4.25	3.97	3.25	3.05	3.14	Upgrade
EPS Growth	17.29%	15.32%	6.49%	8.78%	23.29%	7.05%	22.15%	6.56%	-2.87%	8.65%	Upgrade
Free Cash Flow	3,636	2,580	2,606	2,439	2,130	2,045	1,655	1,527	1,662	1,518	Upgrade
Free Cash Flow Per Share	8.79	6.16	6.11	5.66	4.90	4.64	3.70	3.34	3.52	3.17	Upgrade
Dividend Per Share	4.790	4.050	3.700	3.520	3.060	2.520	2.240	2.080	1.950	1.875	Upgrade
Dividend Growth	18.27%	9.46%	5.11%	15.03%	21.43%	12.50%	7.69%	6.67%	4.00%	10.29%	Upgrade
Gross Margin	44.74%	42.65%	42.42%	42.12%	43.15%	41.56%	41.44%	41.37%	41.24%	40.93%	Upgrade
Operating Margin	25.02%	23.05%	22.16%	21.53%	21.43%	19.27%	19.02%	18.77%	18.41%	17.75%	Upgrade
Profit Margin	18.94%	17.87%	17.32%	16.91%	16.25%	14.20%	14.45%	12.79%	13.28%	14.82%	Upgrade
Free Cash Flow Margin	20.19%	15.64%	17.37%	16.72%	15.09%	15.40%	13.38%	13.09%	15.19%	14.85%	Upgrade
Effective Tax Rate	23.11%	22.48%	22.69%	22.50%	23.72%	17.42%	31.68%	33.20%	35.22%	33.92%	Upgrade
EBITDA	5,240	4,401	3,932	3,770	3,545	2,763	3,013	2,579	2,527	2,567	Upgrade
EBITDA Margin	29.09%	26.68%	26.20%	25.84%	25.12%	20.81%	24.35%	22.10%	23.10%	25.10%	Upgrade
Depreciation & Amortization	549.3	515.1	510.7	480	409	377.6	316.1	288.6	277.9	266.6	Upgrade
EBIT	4,691	3,886	3,421	3,290	3,136	2,385	2,697	2,291	2,249	2,300	Upgrade
EBIT Margin	26.04%	23.55%	22.80%	22.55%	22.22%	17.97%	21.80%	19.63%	20.56%	22.49%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).