ADP financial statements

The full income statement, balance sheet, and cash-flow statement for Automatic Data Processing Inc. (ADP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 407.8M2024-09 407.5M2024-12 406.9M2025-03 405.9M2025-06 405.0M2025-09 404.4M2025-12 402.6M2026-03 399.7M2026-06 397.3M-2.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
Revenue	21.9B YoY+6.7%	20.6B YoY+7.1%	19.2B YoY+6.6%	18.0B YoY+9.2%	16.5B YoY+9.9%
Cost of revenue	11.8B YoY+6.0%	11.1B YoY+5.9%	10.5B YoY+5.3%	9.95B YoY+5.2%	9.46B YoY+9.5%
Research & development	1.03B YoY+4.1%	989M YoY+3.4%	956M YoY+13.1%	845M YoY+5.8%	799M
Selling, general & administrative	4.41B YoY+8.8%	4.05B YoY+7.2%	3.78B YoY+6.4%	3.55B YoY+9.8%	3.23B YoY+6.3%
Amortization of intangibles	385M YoY+1.1%	381M YoY+2.4%	372M YoY-0.3%	373M YoY+8.3%	344M YoY+5.1%
Provision for credit losses	47.5M YoY-10.7%	53.2M YoY-2.6%	54.6M YoY+24.1%	44.0M YoY+1471.4%	2.80M
Interest expense	459M YoY+0.7%	456M YoY+26.1%	361M YoY+42.7%	253M YoY+209.3%	81.9M YoY+37.2%
Interest & investment income	371M YoY+16.1%	320M YoY+32.4%	241M YoY+61.4%	150M YoY+264.6%	41.0M YoY+12.3%
Other non-operating income	411M YoY+16.0%	354M YoY+23.5%	287M YoY+56.2%	184M YoY+121.6%	82.8M YoY-14.0%
Pre-tax income	5.73B YoY+7.9%	5.31B YoY+9.0%	4.87B YoY+9.8%	4.44B YoY+16.7%	3.80B YoY+13.2%
Income tax	1.32B YoY+7.0%	1.23B YoY+9.8%	1.12B YoY+9.2%	1.03B YoY+19.9%	855M YoY+12.1%
Net income	4.41B YoY+8.2%	4.08B YoY+8.7%	3.75B YoY+10.0%	3.41B YoY+15.7%	2.95B YoY+13.5%
	$10.94 YoY+9.6%	$9.98 YoY+9.7%	$9.10 YoY+10.8%	$8.21 YoY+17.3%	$7.00 YoY+15.3%
EPS (basic)	$10.97 YoY+9.5%	$10.02 YoY+9.6%	$9.14 YoY+10.8%	$8.25 YoY+17.2%	$7.04 YoY+15.4%
	402M YoY-1.2%	407M YoY-0.9%	411M YoY-0.7%	414M YoY-1.2%	419M YoY-1.8%
	403M YoY-1.3%	409M YoY-0.8%	412M YoY-0.8%	416M YoY-1.3%	421M YoY-1.6%
Dividends per share	$6.64 YoY+10.3%	$6.02 YoY+10.5%	$5.45 YoY+13.8%	$4.79 YoY+18.3%	$4.05 YoY+9.5%
Balance Sheet	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
	52.6B YoY+21.5%	43.3B YoY-5.0%	45.5B YoY+8.0%	42.2B YoY-23.1%	54.8B YoY+34.5%
Cash & equivalents	4.23B YoY+26.4%	3.35B YoY+14.9%	2.91B YoY+39.8%	2.08B YoY+45.1%	1.44B YoY-44.2%
Short-term investments	0.00 YoY-100.0%	4.50B YoY+1071.6%	384M YoY+2512.2%	14.7M YoY-68.7%	47.0M YoY+351.9%
Accounts receivable	3.52B YoY-1.6%	3.58B YoY+4.4%	3.43B YoY+13.9%	3.01B YoY-5.1%	3.17B YoY+16.2%
Other current assets	852M YoY+1.3%	841M YoY+2.4%	821M YoY+10.3%	744M YoY+18.3%	629M YoY+17.9%
	63.2B YoY+18.4%	53.4B YoY-1.8%	54.4B YoY+6.7%	51.0B YoY-19.2%	63.1B YoY+29.3%
Property, plant & equipment	641M YoY-2.2%	655M YoY-4.4%	686M YoY+0.6%	681M YoY+4.4%	653M YoY-4.7%
Operating lease right-of-use	389M YoY+3.9%	374M YoY+0.9%	371M YoY-7.9%	402M YoY-10.8%	451M YoY-2.4%
Goodwill	3.28B YoY+0.3%	3.27B YoY+39.1%	2.35B YoY+0.6%	2.34B YoY+1.7%	2.30B YoY-1.6%
Intangible assets	1.65B YoY+3.1%	1.60B YoY+20.0%	1.34B YoY-0.6%	1.34B YoY+0.8%	1.33B YoY+0.0%
Long-term investments	139M	0.00	0.00 YoY-100.0%	105M YoY-14.3%	122M YoY+419.6%
Other non-current assets	1.42B YoY+34.4%	1.06B YoY-4.1%	1.10B YoY-12.2%	1.26B YoY+33.9%	937M YoY+13.5%
	50.0B YoY+21.2%	41.3B YoY-8.4%	45.1B YoY+5.4%	42.8B YoY-22.5%	55.2B YoY+44.8%
Accounts payable	163M YoY-3.9%	169M YoY+68.1%	101M YoY+3.9%	96.8M YoY-12.2%	110M YoY-21.9%
Accrued liabilities	3.22B YoY+4.1%	3.09B YoY-7.7%	3.35B YoY+43.0%	2.34B YoY+11.1%	2.11B YoY+7.4%
Deferred revenue	268M YoY+1.8%	263M YoY+31.5%	200M YoY+5.9%	189M YoY+0.2%	188M YoY-7.7%
Short-term & current debt	1.00M YoY+0.0%	1.00M YoY-9.1%	1.10M YoY-8.3%	1.20M YoY+0.0%	1.20M YoY+0.0%
Current lease liability	104M YoY+2.8%	101M YoY+9.3%	92.2M YoY-3.5%	95.5M YoY+0.4%	95.1M YoY+0.4%
	57.2B YoY+21.2%	47.2B YoY-5.3%	49.8B YoY+5.0%	47.5B YoY-20.7%	59.8B YoY+38.8%
Long-term debt	4.96B YoY+24.9%	3.97B YoY+32.9%	2.99B YoY+0.1%	2.99B YoY+0.1%	2.99B YoY+0.1%
Deferred revenue (non-current)	386M YoY+0.2%	385M YoY+7.0%	360M YoY+3.4%	348M YoY+3.9%	335M YoY-7.6%
Non-current lease liability	307M YoY-4.5%	321M YoY-2.3%	329M YoY-6.1%	350M YoY-5.7%	371M YoY+8.1%
Operating lease liability (total)	410M YoY-2.8%	422M YoY+0.3%	421M YoY-5.5%	445M YoY-4.4%	466M YoY+6.4%
Deferred tax liabilities	339M YoY+107.3%	164M YoY+154.4%	64.3M YoY-12.6%	73.6M YoY+9.9%	67.0M YoY-86.1%
Other non-current liabilities	1.14B YoY+7.9%	1.06B YoY+6.8%	991M YoY+6.1%	934M YoY+1.0%	924M YoY+10.8%
	6.03B YoY-2.5%	6.19B YoY+36.1%	4.55B YoY+29.6%	3.51B YoY+8.8%	3.23B YoY-43.1%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	63.9M YoY+0.0%	63.9M YoY+0.0%	63.9M YoY+0.0%	63.9M YoY+0.0%	63.9M YoY+0.0%
Additional paid-in capital	3.07B YoY+10.0%	2.79B YoY+15.8%	2.41B YoY+14.5%	2.10B YoY+17.2%	1.79B YoY+17.2%
Retained earnings	27.0B YoY+6.8%	25.2B YoY+6.9%	23.6B YoY+6.8%	22.1B YoY+6.9%	20.7B YoY+6.4%
Treasury stock	23.2B YoY+10.2%	21.0B YoY+6.5%	19.7B YoY+6.9%	18.5B YoY+6.5%	17.3B YoY+12.7%
Accumulated other comprehensive income	-902M YoY-2.1%	-883M YoY+51.1%	-1.81B YoY+21.6%	-2.31B YoY-15.7%	-1.99B YoY-18908.5%
Total liabilities & equity	63.2B YoY+18.4%	53.4B YoY-1.8%	54.4B YoY+6.7%	51.0B YoY-19.2%	63.1B YoY+29.3%
	639M YoY+0.0%	639M YoY+0.0%	639M YoY+0.0%	639M YoY+0.0%	639M YoY+0.0%
	398M YoY-1.9%	405M YoY-0.7%	408M YoY-1.0%	412M YoY-1.0%	416M YoY-1.8%
	397M YoY-1.9%	405M YoY-0.7%	408M YoY-1.0%	412M YoY-0.8%	416M YoY-1.8%
Cash Flow	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
	5.44B YoY+10.2%	4.94B YoY+18.8%	4.16B YoY-1.2%	4.21B YoY+35.8%	3.10B YoY+0.2%
Depreciation & amortization	586M YoY+0.6%	582M YoY+3.6%	562M YoY+2.3%	549M YoY+6.6%	515M YoY+0.9%
Intangible amortization	385M YoY+1.1%	381M YoY+2.4%	372M YoY-0.3%	373M YoY+8.3%	344M YoY+5.1%
Share-based compensation	243M YoY-8.8%	266M YoY+9.3%	244M YoY+10.5%	220M YoY+9.3%	202M YoY+15.1%
Deferred income taxes	156M YoY+322.4%	37.0M YoY+198.9%	-37.4M YoY+53.3%	-80.1M YoY-318.9%	36.6M YoY+114.6%
	-4.71B YoY-55.3%	-3.04B YoY-118.5%	-1.39B YoY+44.8%	-2.52B YoY+64.1%	-7.01B YoY-99.6%
Acquisitions	22.8M YoY-98.0%	1.17B YoY+3367.6%	33.6M YoY+3.7%	32.4M YoY+176.9%	11.7M
Proceeds from sale of PP&E	0.00 YoY-100.0%	10.8M YoY-61.8%	28.3M	0.00 YoY-100.0%	34.2M YoY+81.9%
Other investing activities	10.9M YoY-26.8%	14.9M YoY-39.2%	24.5M	0.00	0.00
	4.88B YoY+170.0%	-6.97B YoY-387.1%	-1.43B YoY+90.9%	-15.7B YoY-214.8%	13.7B YoY+112.1%
Long-term debt issued	986M YoY-50.2%	1.98B	0.00	0.00	0.00 YoY-100.0%
Long-term debt repaid	1.10M YoY-99.9%	1.00B YoY+111144.4%	900K YoY-10.0%	1.00M YoY+11.1%	900K YoY-99.9%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	2.08B YoY+62.7%	1.28B YoY+4.0%	1.23B YoY+9.8%	1.12B YoY-43.1%	1.97B YoY+43.5%
Dividends paid	2.63B YoY+9.5%	2.40B YoY+9.9%	2.18B YoY+14.7%	1.90B YoY+14.7%	1.66B YoY+5.3%
FX effect on cash	-37.8M YoY-201.3%	37.3M YoY+266.5%	-22.4M YoY-6.2%	-21.1M YoY+78.6%	-98.7M YoY-233.7%
Net change in cash	5.57B YoY+210.7%	-5.03B YoY-482.8%	1.31B YoY+109.4%	-14.0B YoY-245.4%	9.64B YoY+58.3%
Interest paid	440M YoY+3.0%	427M YoY+20.6%	354M YoY+43.6%	247M YoY+229.5%	74.8M YoY+40.9%
Income taxes paid	1.01B YoY-16.0%	1.20B YoY+1.1%	1.19B YoY+9.7%	1.08B YoY+26.1%	857M YoY-12.0%
Valuation Ratios	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
Market cap	89.1B YoY-28.7%	125B YoY+27.9%	97.7B YoY+7.9%	90.6B YoY+3.8%	87.3B YoY+3.9%
P/E	20.2× YoY-34.1%	30.6× YoY+15.9%	26.4× YoY-0.5%	26.5× YoY-10.3%	29.6× YoY-8.5%
P/S	4.1× YoY-33.2%	6.1× YoY+17.6%	5.2× YoY+2.8%	5.0× YoY-5.0%	5.3× YoY-5.5%
P/B	14.8× YoY-26.9%	20.2× YoY-4.4%	21.1× YoY-18.2%	25.8× YoY-4.6%	27.1× YoY+82.6%
	5.0% YoY+51.7%	3.3% YoY-13.8%	3.8% YoY+0.5%	3.8% YoY+11.5%	3.4% YoY+9.3%
	3.0% YoY+51.7%	2.0% YoY-14.5%	2.3% YoY+4.8%	2.2% YoY+13.0%	1.9% YoY+3.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: ADP's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ADP filings on SEC EDGAR → Not investment advice.