Automatic Data Processing (ADP)

World Rank (Jan-05-2024)

148

Market Cap (Jan-05-2024)

96.106 Billion USD

World Rank (Jul-30-2023)

138

Market Cap (Jul-30-2023)

103.530 Billion USD

World Rank (Jan-07-2022)

154

Market Cap (Jan-07-2022)

100.640 Billion USD

World Rank (Jan-01-2021)

191

Market Cap (Jan-01-2021)

75.557 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 80

Headquarters Country

USA

Nasdaq / NYSE Code

ADP

Market Cap (Mar-08-2026)

91.09

CEO

Chairman

Founders

Employee Count

60,000

Employee Count as of Date

As on Jun-2022

Headquarters City/State

New Jersey

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

17,198 Million USD

Annual Operating Income in USD

3,694 Million USD

Annual Net Income in USD

3,412 Million USD

Annual Results for Period Ending

Jun-2023 ending year

Total Assets in USD

50,971 Million USD

Total Liabilities in USD

47,461 Million USD

Total Equity in USD

3,509 Million USD

Balance Sheet for Period Ending

Jun-2023 ending year

Business Sector

Software Products

Software and IT

Technology

Outsourcing and Staffing

Company Website

AUTOMATIC DATA PROCESSING INC (ADP) - HR Software Solutions Provider

Wikipedia

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Company Profile

Automatic Data Processing Inc (ADP) is USA based HR, Payroll and Tax Services related software solutions.

ADP has more than 700,000 clients and this company providing services in 113 countries.

As of June 30, 2022, their global team of associates consisted of approximately 60,000 persons.

ADP is global provider of cloud-based Human Capital Management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance expertise. Headquarters is in USA.

As on 2022, ADP has more than 990,000 clients and this company providing services in 140 countries.

Strategic Cloud-based Products and Solutions:

HCM Solutions.
HRO Solutions.
Global Solutions.

Highlights from the year ended June 30, 2022 include:

Revenue Growth: 10%
Organic Constant Currency Revenue Growth: 10%.
Employer Services New Business Bookings Growth: 15%.
Diluted EPS Growth: 15%.
Adjusted Diluted EPS Growth: 16%.

Facts About Company

As on 2022, Automatic Data Processing Inc has 60,000 employees.

Automatic Data Processing Inc annual revenue generated for period ending Dec-2022 was 16,046 million USD.

Automatic Data Processing Inc annual net loss generated for period ending Dec-2022 was 2,948 million USD.

ADP had 56,000 employees as on 2021.

As on 2022, ADP has more than 990,000 clients and this company providing services in 140 countries.

Automatic Data Processing Inc annual revenue generated for period ending Jun-2022 was 16,046 million USD.

Split of Annual Revenue by business segment for period ending Oct-2021:

Revenues, other than interest on funds held for clients and PEO revenues: 10,505 million USD.
Interest on funds held for clients: 451 million USD.
PEO revenues: 5,541 million USD.

Automatic Data Processing Inc annual net income generated for period ending Jun-2022 was 6,437 million USD.

Annual Results Summary

Automatic Data Processing (ADP) - Annual Results - Revenue and Net Income - in Million USD:

Year - Ending	Revenue	Net Profit
Jun-2024	19,202	3,752
Jun-2023	17,198	3,412
Jun-2022	16,046	2,948
Jun-2021	15,005	2,598
Jun-2020	14,589	2,466
Jun-2019	14,175	2,292
Jun-2018	13,326	1,621
Jun-2017	12,379	1,733
Jun-2016	11,668	1,492

Balance Sheet Summary

AUTOMATIC DATA PROCESSING (ADP) - Balance Sheet Summary - in Million USD:

Year Ending:	Total Assets	Total Liabilities	Total Equity
Jun-2024	54,362	49,815	4,547
Jun-2023	50,971	47,461	3,509
Jun-2022	63,068	59,842	3,225
Jun-2021	48,772	43,102	5,670
Jun-2020	39,166	33,413	5,752
Jun-2019	41,888	36,488	5,400
Jun-2018	38,849	34,113	4,736
Jun-2017	37,180	33,203	3,977

Founded Year

1961

Institutional Investors

Top 30 Institutional Holder Names in AUTOMATIC DATA PROCESSING (ADP) as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	09/30/2023	3,91,83,708	12,145	0.03%	$9,030,277
2	BLACKROCK INC.	09/30/2023	3,34,31,260	-4,45,997	-1.32%	$7,704,568
3	STATE STREET CORP	09/30/2023	1,79,90,318	9,589	0.05%	$4,146,049
4	MORGAN STANLEY	09/30/2023	1,08,02,211	7,848	0.07%	$2,489,478
5	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	95,31,381	2,12,752	2.28%	$2,196,602
6	BANK OF NEW YORK MELLON CORP	09/30/2023	90,18,257	-1,80,126	-1.96%	$2,078,348
7	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	86,70,083	1,98,008	2.34%	$1,998,107
8	ALLIANCEBERNSTEIN L.P.	09/30/2023	85,77,917	-55,316	-0.64%	$1,976,867
9	WELLS FARGO & COMPANY/MN	09/30/2023	80,84,668	-1,08,927	-1.33%	$1,863,193
10	BANK OF AMERICA CORP /DE/	09/30/2023	59,37,248	-1,59,626	-2.62%	$1,368,298
11	NORTHERN TRUST CORP	09/30/2023	59,02,520	2,88,234	5.13%	$1,360,295
12	FUNDSMITH LLP	09/30/2023	55,20,512	-5,856	-0.11%	$1,272,257
13	WELLINGTON MANAGEMENT GROUP LLP	09/30/2023	52,42,859	77,187	1.49%	$1,208,269
14	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	09/30/2023	39,28,673	0	0%	$905,402
15	AMERIPRISE FINANCIAL INC	09/30/2023	35,76,575	5,53,946	18.33%	$824,257
16	AMUNDI	09/30/2023	32,29,763	3,73,354	13.07%	$744,331
17	INVESCO LTD.	09/30/2023	31,28,701	9,05,043	40.70%	$721,040
18	FMR LLC	09/30/2023	29,92,054	-28,276	-0.94%	$689,549
19	LEGAL & GENERAL GROUP PLC	09/30/2023	29,06,765	-1,33,580	-4.39%	$669,893
20	CAPITAL RESEARCH GLOBAL INVESTORS	09/30/2023	28,93,526	11,416	0.40%	$666,842
21	GOLDMAN SACHS GROUP INC	09/30/2023	26,67,895	2,76,601	11.57%	$614,843
22	UBS ASSET MANAGEMENT AMERICAS INC	09/30/2023	25,63,346	-4,87,715	-15.99%	$590,749
23	NINETY ONE UK LTD	09/30/2023	25,28,411	-79,407	-3.05%	$582,698
24	BLS CAPITAL FONDSMAEGLERSELSKAB A/S	09/30/2023	23,91,489	-25,775	-1.07%	$551,143
25	NORGES BANK	12/31/2022	22,24,800	4,32,930	24.16%	$512,727
26	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	09/30/2023	20,56,118	19,914	0.98%	$473,853
27	JENSEN INVESTMENT MANAGEMENT INC	09/30/2023	20,27,440	-50,805	-2.45%	$467,244
28	NORDEA INVESTMENT MANAGEMENT AB	09/30/2023	20,25,820	-5,432	-0.27%	$466,870
29	UBS GROUP AG	09/30/2023	19,58,023	21,291	1.10%	$451,246
30	DIMENSIONAL FUND ADVISORS LP	09/30/2023	19,15,649	31,756	1.69%	$441,480