NASDAQ · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · LARGE CAP
Automatic Data Processing Inc. ADP
18 fiscal years on record · USD · FY2024 reported
SEC FILINGS ONLY17 YEARS OF DIVIDEND GROWTH
Revenue · FY2024
$20.6B
▲ 7.1% vs FY2023
Dividend streak
17 yrs
Raised every year since 2008
EPS · FY24
$9.98
Dividend / sh · FY24
$6.02
Payout · FY24
59%
ROE · FY24
76.0%
Net margin · FY24
19.8%
Dividend coverage
1.7×
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Result
USD 20.6B
Revenue, FY2024 · full 18-year series below
Revenue
Net income
20 cents of every revenue dollar became profit this year.
Per share
USD 9.98
Diluted EPS, FY2024
EPS
Dividend
Earnings covered the dividend 1.7 times — the rest stayed in the company.
Profitability
76.0%
Return on equity, FY2024
ROE
Operating margin25.8%
Net margin19.8%
Return on assets7.6%
Each USD of equity produced 76 cents of profit this year.
Returned to shareholders
USD 3.7B
returned in FY2024 · dividends + net buybacks
Dividends paidUSD 2.4B
Net buybacksUSD 1.3B
Share of profit90.2%
Consecutive raises17 years
USD 2.4B in dividends and USD 1.3B in buybacks — 90% of the year's profit went back to shareholders.
Growth
+7.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+7.6%
+7.1%
+6.5%
+5.7%
Net income
+11.4%
+10.6%
+10.9%
+8.4%
EPS, diluted
+12.5%
+11.9%
+12.6%
+10.0%
Dividend / share
+14.1%
+11.3%
+11.9%
+10.5%
Returned to shareholders
+0.5%
+8.2%
+4.0%
+6.5%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
0.41B
Shares outstanding, FY2024
Change, 5 years−5.7%
Change, 10 years−13.1%
The share count shrank 6% in five years — the same company, cut into fewer, larger slices.
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Balance sheet
USD 53.4B
total assets, end of FY2024
Total assetsUSD 53.4B
EquityUSD 6.2B
CashUSD 3.3B
Gross debtUSD 4.0B
Net debtUSD 627.9M
Current ratio1.05×
Net debt stands at 10% of equity.
History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
20.6
19.2
18.0
16.5
15.0
14.6
14.1
13.3
12.4
11.7
10.9
10.2
9.4
10.6
9.8
8.9
8.8
8.7
Operating income $B
5.3
4.9
4.4
3.8
3.4
3.2
·
·
·
·
·
·
·
·
·
·
·
·
EBITDA $B
5.9
5.4
5.0
4.3
3.9
3.7
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
1.2
1.1
1.0
0.9
0.8
0.7
0.7
0.4
0.8
0.7
0.7
0.6
0.6
0.7
0.7
0.7
0.6
0.6
Net income $B
4.1
3.8
3.4
2.9
2.6
2.5
2.3
1.9
1.8
1.5
1.5
1.5
1.4
1.4
1.3
1.2
1.3
1.2
EPS, diluted $
9.98
9.10
8.21
7.00
6.07
5.70
5.24
4.25
3.97
3.25
3.05
3.14
2.89
2.82
2.52
2.40
2.63
2.34
Dividend / sh $
6.02
5.45
4.79
4.05
3.70
3.52
3.06
2.52
2.24
2.08
1.95
1.88
1.70
1.55
1.42
1.35
1.28
1.10
Payout %
59
58
56
56
61
60
56
56
56
63
64
58
57
53
55
56
47
44
ROE %
76.0
93.1
101.3
66.3
45.5
44.2
45.2
43.3
42.3
32.1
25.3
23.6
22.9
22.9
21.8
22.4
25.0
·
Shares out B
0.41
0.41
0.41
0.42
0.42
0.43
0.43
0.44
0.45
0.46
0.47
0.48
0.48
0.48
0.49
0.49
0.50
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
52 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed