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Automatic Data Processing, Inc. ADP Employer Services — Revenue

Other segment segments

PEO Services
$1.78B+6.9%
Other
-$2.9M+14.7%

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Other financials

Income statement

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Revenue$5.5B+6.8%
Gross profit$2.5B+8.7%
Net income$978.6M+7.5%
EPS (diluted)$2.45+9.9%

Balance sheet

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Cash & equivalents$4.2B+26.4%
Total debt$5.4B-41.4%
Total equity$6.0B-2.5%
Total assets$63.2B+18.4%

Cash flow

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Operating cash flow$1.4B-0.8%
CapEx$72.8M+113%
Free cash flow$1.4B-3.6%

Valuation

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Market cap$108.66B-11.1%
Enterprise value$109.8B-14.3%
P/E24.6×-5.3×
P/S-1.0×

Profitability

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Gross margin46.4%+0.4pp
Net margin20.1%+0.3pp
FCF margin23.9%+0.7pp

Returns & leverage

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Return on equity72.2%-3.8pp
Debt / equity0.9×-0.6×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Automatic Data Processing, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Automatic Data Processing, Inc.’s 10-K, filed August 5, 2026.

Filed
Aug 5, 2026, 4:01 PM EDT
Fiscal year
FY2026
Accession
0000008670-26-000030
Types of RevenuesEmployer ServicesPEOTotal
HCM$9,120.4$9,120.4
HRO, excluding PEO zero-margin benefits pass-throughs1,467.42,508.43,975.8
PEO zero-margin benefits pass-throughs4,607.34,607.3
Global2,901.22,901.2
Interest on funds held for clients1,342.412.41,354.8
Total segment revenues14,831.47,128.121,959.5
Intercompany eliminations(12.1)
Total consolidated revenues$21,947.4

Item 8. Financial Statements and Supplementary Data

FAQ

What is Automatic Data Processing, Inc.'s employer services — revenue?
Automatic Data Processing, Inc. (ADP) reported employer services — revenue of $3.7B in Q2 2026.
How has Automatic Data Processing, Inc.'s employer services — revenue changed year-over-year?
Automatic Data Processing, Inc.'s employer services — revenue increased by 6.7% year-over-year, from $3.47B to $3.7B.
What is the long-term trend for Automatic Data Processing, Inc.'s employer services — revenue?
Over 4 years (2022 to 2026), Automatic Data Processing, Inc.'s employer services — revenue has grown at a 7.8% compound annual growth rate (CAGR), from $10.97B to $14.83B.
What does employer services — revenue mean?
This represents the total revenue generated by the Employer Services business segment, which provides payroll, human capital management, and HR outsourcing solutions. It serves as a primary indicator of the segment's market penetration and demand for core business services.

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