Company profile

Ticker
ADP
Exchange
Website
CEO
Carlos A. Rodriguez
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
221467904

ADP stock data

(
)

Calendar

4 Nov 19
9 Dec 19
30 Jun 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 3.5B 3.5B 3.85B 3.51B
Net income 582.4M 475.5M 753.7M 558.2M
Diluted EPS 1.34 1.09 1.73 1.27
Net profit margin 16.66% 13.59% 19.59% 15.92%
Net change in cash -545.3M 123M -959.4M 1.3B
Cash on hand 1.4B 1.95B 1.83B 2.79B
Cost of revenue 2.04B 2.02B 2.11B 2.01B
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 14.11B 13.33B 12.37B 11.67B
Net income 2.29B 1.88B 1.79B 1.49B
Diluted EPS 5.24 4.25 3.97 3.25
Net profit margin 16.25% 14.14% 14.45% 12.79%
Net change in cash -220.8M -610.4M -410.7M 1.55B
Cash on hand 1.95B 2.17B 2.78B 3.19B
Cost of revenue 8.09B 7.81B 7.24B 6.84B

Financial data from company earnings reports

Financial report summary

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Risks
  • Failure to comply with, or changes in, laws and regulations applicable to our businesses could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
  • Failure to comply with anti-corruption laws and regulations, economic and trade sanctions, anti-money laundering laws and regulations, and similar laws could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
  • Failure to comply with privacy, data protection and cyber security laws and regulations could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
  • Our businesses collect, host, store, transfer, process, disclose, use, secure and dispose of personal and business information, and collect, hold and transmit client funds, and a security or privacy breach may damage or disrupt our businesses, result in the disclosure of confidential information, damage our reputation, increase our costs, cause losses and adversely affect our results of operations
  • Our systems, applications, solutions and services may be subject to disruptions that could have a materially adverse effect on our business and reputation
  • A disruption of our data centers could have a materially adverse effect on our business
  • If we fail to protect our intellectual property rights, it could materially adversely affect our business and our brand
  • We may be sued by third parties for infringement of their proprietary rights, which could have a materially adverse effect on our business, financial condition or results of operations
  • If we fail to upgrade, enhance and expand our technology and services to meet client needs and preferences, the demand for our solutions and services may diminish
  • We may not realize or sustain the expected benefits from our business transformation initiatives, and these efforts could have a materially adverse effect on our business, operations, financial condition, results of operations and competitive position
  • Political and economic factors may adversely affect our business and financial results
  • Our business could be negatively impacted as a result of actions by activist stockholders or others
  • Change in our credit ratings could adversely impact our operations and lower our profitability
  • We may be unable to attract and retain qualified personnel
Management Discussion
  • Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
  • This document and other written or oral statements made from time to time by ADP may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature and which may be identified by the use of words like “expects,” “assumes,” “projects,” “anticipates,” “estimates,” “we believe,” “could” “is designed to” and other words of similar meaning, are forward-looking statements. These statements are based on management’s expectations and assumptions and depend upon or refer to future events or conditions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements or that could contribute to such difference include: ADP's success in obtaining, and retaining clients, and selling additional services to clients; the pricing of products and services; the success of our new solutions; compliance with existing or new legislation or regulations; changes in, or interpretations of, existing legislation or regulations; overall market, political and economic conditions, including interest rate and foreign currency trends; competitive conditions; our ability to maintain our current credit ratings and the impact on our funding costs and profitability; security or cyber breaches, fraudulent acts, and system interruptions and failures; employment and wage levels; changes in technology; availability of skilled technical associates; the impact of new acquisitions and divestitures; and the adequacy, effectiveness and success of our business transformation initiatives. ADP disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. These risks and uncertainties, along with the risk factors discussed under “Item 1A. Risk Factors,” and in other written or oral statements made from time to time by ADP, should be considered in evaluating any forward-looking statements contained herein.
  • We are a leading global provider of cloud-based Human Capital Management (“HCM”) technology solutions - including payroll, talent management, Human Resources management, benefits administration, and workforce management - to employers around the world. As a leader in this industry, we deliver on our global HCM strategy and invest in highly strategic
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