Automatic Data Processing Inc
NASDAQ: ADP · TECHNOLOGY · SOFTWARE - APPLICATION
Updated 2026-09-11
Automatic Data Processing Inc (ADP) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $26.65B | $23.73B | $25.35B | $26.86B | $34.24B | $30.82B | $32.27B | $32.05B | $33.11B | $43.67B | $37.18B | $37.09B | $41.89B | $39.17B | $48.77B | $63.07B | $50.97B | $54.36B | $53.37B | $63.19B |
| Cash & equivalents | $1.75B | $917.50M | $2.27B | $1.64B | $1.39B | $1.55B | $1.70B | $1.58B | $1.67B | $3.21B | $2.78B | $2.17B | $1.95B | $1.91B | $2.58B | $1.44B | $2.08B | $2.91B | $3.35B | $4.23B |
| Current assets | $3.36B | $18.81B | $20.70B | $22.32B | $28.58B | $25.16B | $26.20B | $27.49B | $28.81B | $39.50B | $32.66B | $32.05B | $34.34B | $31.56B | $40.74B | $54.80B | $42.17B | $45.54B | $43.25B | $8.60B |
| Total liabilities | $21.50B | $18.65B | $20.03B | $21.38B | $28.23B | $24.70B | $26.08B | $25.38B | $28.30B | $39.19B | $33.20B | $33.63B | $36.49B | $33.41B | $43.10B | $59.84B | $47.46B | $49.82B | $47.18B | $57.16B |
| Current liabilities | $1.79B | $17.34B | $18.76B | $20.05B | $26.79B | $23.24B | $24.73B | $24.17B | $27.11B | $35.85B | $29.82B | $30.41B | $32.63B | $30.13B | $38.09B | $55.16B | $42.77B | $45.08B | $41.28B | $50.02B |
| Long-term debt | $43.50M | $52.10M | $42.70M | $39.80M | $34.20M | $16.80M | $14.70M | $11.50M | $9.20M | $2.01B | $2.00B | $2.00B | $2.00B | $1.00B | $2.98B | $2.99B | $2.99B | $2.99B | $3.97B | $4.96B |
| Shareholder equity | $5.15B | $5.09B | $5.32B | $5.48B | $6.01B | $6.11B | $6.19B | $6.67B | $4.81B | $4.48B | $3.98B | $3.46B | $5.40B | $5.75B | $5.67B | $3.23B | $3.51B | $4.55B | $6.19B | $6.03B |
| Retained earnings | $9.38B | $10.03B | $10.72B | $11.25B | $11.80B | $12.44B | $13.02B | $13.63B | $13.46B | $14.00B | $14.73B | $15.27B | $17.50B | $18.44B | $19.45B | $20.70B | $22.12B | $23.62B | $25.24B | $26.97B |
| Accounts receivable | $1.04B | $1.03B | $1.06B | $1.13B | $1.36B | $1.39B | $1.60B | $1.50B | $1.55B | $1.74B | $1.70B | $1.98B | $2.44B | $2.44B | $2.73B | $3.17B | $3.01B | $3.43B | $3.58B | $3.52B |
| Inventory | — | — | — | $0.00 | $25.14B | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $25.59B | $27.14B | $29.43B | $26.71B | $34.91B | $49.57B | $1.00 | — | — | — |
| Goodwill | $2.35B | $2.43B | $2.38B | $2.38B | $3.07B | $3.16B | $3.05B | $1.88B | $1.79B | $1.68B | $1.74B | $2.24B | $2.32B | $2.31B | $2.34B | $2.30B | $2.34B | $2.35B | $3.27B | $3.28B |
Frequently asked questions
What is Automatic Data Processing Inc's revenue?
Automatic Data Processing Inc's trailing twelve-month revenue is $21.95B, and consensus projects about $27.07B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ADP?
In its most recent fiscal year, ADP ran a gross margin of 48.19%, an operating margin of 18.58%, and a net margin of 20.11%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ADP generate?
ADP produced $5.24B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ADP's balance sheet healthy?
ADP holds $4.23B in cash and equivalents against $4.96B in long-term debt, on $6.03B of shareholder equity. That debt is best read against the cash flow the business throws off each year.