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 | Jonathan Lehberger Controller, Principal Accounting Officer | Don Mcguire Chief Financial Officer |
Joseph DeSilva President - Global Sales | Sreeni Kutam President - Global Product and Innovation | John C. Ayala Chief Operating Officer |
Paul Boland Chief Human Resource Officer | Brock Albinson Corporate Controller, Principal Accounting Officer | Michael A. Bonarti Chief Administrative Officer | David Kwon Corporate Vice President, General Counsel, Chief Legal 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 one million clients in 140 countries and territories. |
Financial Overview |
For the nine months ended 31 March 2024, Automatic Data Processing Inc revenues increased 7% to $14.43B. Net income increased 11% to $2.92B. Revenues reflect Employer Services segment increase of 8% to $9.76B, PEO Service segment increase of 3% to $4.68B. Net income benefited from Interest income on corporate funds increase of 93% to $159.3M (income), Gain on sale of assets increase from $0K to $17.2M (income). |
Employees: | 63,000 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $100,738M as of Mar 31, 2024 |
Annual revenue (TTM): | $18,912M as of Mar 31, 2024 |
EBITDA (TTM): | $5,458M as of Mar 31, 2024 |
Net annual income (TTM): | $3,699M as of Mar 31, 2024 |
Free cash flow (TTM): | $1,359M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 410,790,567 as of Apr 30, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |