Inside the research
Automatic Data Processing, Inc.
ADP Research profile · latest available data
Price overview
$263.67
▲ +0.56 (+0.2%)
| 52w hi | $285.65 |
|---|---|
| 52w lo | $186.18 |
| Vol | 1.21M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.63
| Short | +0.39 |
|---|---|
| Medium | +0.85 |
| Long | +0.65 |
computed 2026-09-27
Key fundamentals
Automatic Data Processing, Inc.
Technology · Software - Application
| Market cap | $104.48B |
|---|---|
| Enterprise value | $106.03B |
| Trailing P/E | 24.10x |
| Forward P/E | 19.68x |
| EV / EBITDA | 16.54x |
| P / S (ttm) | 4.76x |
| Profit margin | 20.1% |
| Return on equity | 72.2% |
| Revenue growth | +6.8% |
| Earnings growth | +9.8% |
| Debt / equity | 91.44 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.26 | |
| Sector | +0.15 | |
| Technical | +0.37 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR, and compliance; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Lyric HCM, a solution for HR management, payroll, workforce management, talent, and data analytics. Its PEO Services segment provides HR outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. This segment also provides guidance, user-friendly technology, comprehensive employee benefits, and a risk management, safety, and workers' compensation program. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Risk Metrics
| Beta vs SPX | 0.43 |
|---|---|
| Corr SPX | 0.29 |
| Annual vol | 23.6% |
| Annual ret | +0.4% |
| Sharpe | 0.02 |
| Max DD | -42.2% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $244.47 |
|---|---|
| High / Low | $305.00 / $190.00 |
| Median | $240.00 |
| Analysts | 15 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 4 | |
| Hold | 11 | |
| Sell | 2 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-05-05 | Argus Research | → Buy |
| 2026-04-30 | UBS | → Neutral |
| 2026-04-30 | TD Cowen | → Hold |
| 2026-04-30 | Citigroup | → Neutral |
| 2026-04-21 | Cantor Fitzgerald | → Overweight |
| 2026-04-13 | UBS | → Neutral |
Officers & Board
| CEO | Maria Black since 2023 |
|---|---|
| Founder | Henry Taub current |
| CEO | Carlos Rodriguez 2011–2022 |
| CEO | Gary C. Butler 2006–2011 |
| CEO | Art Weinbach 1996–2006 |
| CEO | Josh S. Weston 1982–1996 |
| CEO | Frank Lautenberg 1975–1982 |
| CEO | Henry Taub 1949–1975 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-06-26 | Material Agreement, Material Obligation… | read |
| 2026-05-07 | Material Agreement, Other Material Event… | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-01-28 | Earnings Release, Exhibits | read |
| 2025-11-17 | Shareholder Vote | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-07-30 | Earnings Release, Exhibits | read |
| 2025-06-27 | Material Agreement, Material Obligation… | read |
| 2025-06-12 | Reg FD Disclosure, Exhibits | read |
| 2025-05-08 | Material Agreement, Other Material Event… | read |
| 2025-04-30 | Earnings Release, Exhibits | read |
Dividends
| Yield (TTM) | 1.29% |
|---|---|
| $ / share (TTM) | $3.40 |
| 5y CAGR | +11.5% |
Annual dividend per share
| 2021 | $3.83 |
|---|---|
| 2022 | $4.37 |
| 2023 | $5.15 |
| 2024 | $5.74 |
| 2025 | $6.32 |
| 2026 | $1.70 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $11.36K | Smithsonian Institution | FY25 UNEMPLOYMENT CLAIMS PROCESSING |
| $10.73K | Smithsonian Institution | FY24 UNEMPLOYMENT CLAIMS PROCESSING |
| $10.02K | Smithsonian Institution | FY23 UNEMPLOYMENT CLAIMS PROCESSING |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $18.01B | +14.2% | |
| Gross profit | $1.74B | +4.5% | |
| Net income | $3.41B | +7.1% | |
| Cash from ops | $4.21B | +5.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $261.89 | $265.06 | $261.38 | $263.67 | 1.21M |
| Sep 24 | $264.85 | $267.92 | $261.31 | $263.11 | 1.99M |
| Sep 23 | $268.54 | $269.72 | $262.47 | $263.68 | 2.73M |
| Sep 22 | $271.18 | $273.00 | $266.30 | $269.64 | 1.95M |
| Sep 21 | $269.16 | $271.91 | $267.90 | $269.94 | 2.31M |
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