ADPAUTOMATIC DATA PROCESSING INC
Services-Computer Processing & Data Preparation
- Revenue
- $21.9B
- 6.7% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$3.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear123% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear87% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $16.5B | $18.0B | $19.2B | $20.6B | $21.9B | 6.7% |
| Net income | $2.9B | $3.4B | $3.8B | $4.1B | $4.4B | 8.2% |
| Operating cash flow | $3.1B | $4.2B | $4.2B | $4.9B | $5.4B | 10% |
| Stock-based comp | $202M | $220M | $244M | $266M | $243M | 8.8% |
| Buybacks | $2.0B | $1.1B | $1.2B | $1.3B | $2.1B | 63% |
| Dividends | $1.7B | $1.9B | $2.2B | $2.4B | $2.6B | 9.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $178K · 1
- Net
- −$178K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 126 | 167 |
| FY2025 | — | — | 169 | 146 |
| FY2024 | — | — | 128 | 126 |
| FY2023 | — | — | 115 | 109 |
| FY2022 | — | — | 108 | 94 |