Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEC |
Company Contact | |
Address: | One Adp Boulvard ROSELAND NJ 07068-1728 |
Tel: | N/A |
Website: | https://www.adp.com |
IR: | See website |
Key People | ||
Maria Black President, Chief Executive Officer, Director | Don Mcguire Chief Financial Officer | Sreeni Kutam President - Global Product and Innovation |
Paul Boland Chief Human Resource Officer | Joseph DeSilva Executive Vice President, North America and Chief of Operations | Michael A. Bonarti Chief Administrative Officer |
David Kwon Corporate Vice President, General Counsel, Chief Legal Officer | Jonathan Lehberger Corporate Controller, Principal Accounting Officer | Chris D'Ambrosio Chief Strategy Officer |
Business Overview |
Automatic Data Processing, Inc. (ADP) is a global technology company engaged in providing cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration. Its segments include Employer Services and Professional Employer Organization (PEO). Its Employer Services segment serves clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of technology-based HCM solutions, including its cloud-based platforms, and human resource outsourcing (HRO) solutions (other than PEO) solutions. Its offerings include Payroll Services, Benefits Administration, Talent Management, HR Management, Workforce Management, Compliance Services, Insurance Services and Retirement Services. Its PEO business, called ADP TotalSource, provides clients with employment administration outsourcing solutions. ADP serves over 1.1 million clients in 140 countries and territories. |
Financial Overview |
For the three months ended 30 September 2024, Automatic Data Processing Inc revenues increased 7% to $4.83B. Net income increased 11% to $956.3M. Revenues reflect Employer Services segment increase of 7% to $3.26B, PEO Service segment increase of 7% to $1.57B. Net income benefited from Interest income on corporate funds increase of 97% to $91.7M (income), Reclassification of net losses/(gains) o decrease of 89% to $200K (expense). |
Employees: | 64,000 as of Jun 30, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $119,254M as of Sep 30, 2024 |
Annual revenue (TTM): | $19,523M as of Sep 30, 2024 |
EBITDA (TTM): | $5,704M as of Sep 30, 2024 |
Net annual income (TTM): | $3,849M as of Sep 30, 2024 |
Free cash flow (TTM): | $1,839M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | $1,010M as of Sep 30, 2024 |
Shares outstanding: | 407,456,901 as of Oct 29, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |