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PEO zero-margin benefits pass-throughs
$1.18B+7.8%
HRO, excluding PEO zero-margin benefits pass-throughs
$964.3M+5.6%
Global
$749.8M+8.8%
Interest on funds held for clients
$355.4M+15.5%

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CSLCCM — Revenue
$758.1M-5.1%
HRO
HROWOther Revenues — Revenue
$73K-15.1%
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ORCLCloud Revenues — Revenue
$9.91B+47.1%
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ORCLSoftware Revenues — Revenue
$6.82B-2.1%
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OWLPerformance revenues — Revenue
$6.07M-3.9%
EAT
EATFranchise revenues — Revenue
$14.7M+21.5%

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$107.44B-12.1%
Enterprise value$108.59B-15.2%
P/E24.3×-5.6×
P/S4.9×-1.1×

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 HCM — revenue?
Automatic Data Processing, Inc. (ADP) reported HCM — revenue of $2.24B in Q2 2026.
How has Automatic Data Processing, Inc.'s HCM — revenue changed year-over-year?
Automatic Data Processing, Inc.'s HCM — revenue increased by 4.7% year-over-year, from $2.13B to $2.24B.
What is the long-term trend for Automatic Data Processing, Inc.'s HCM — revenue?
Over 4 years (2022 to 2026), Automatic Data Processing, Inc.'s HCM — revenue has grown at a 6.2% compound annual growth rate (CAGR), from $7.17B to $9.12B.
What does HCM — revenue mean?
This metric represents the total revenue generated from Human Capital Management (HCM) solutions, which include payroll processing, talent management, time and attendance, and benefits administration. It reflects the core business performance of the employer services segment by capturing income derived from recurring service fees and platform usage. This revenue stream is a primary indicator of the company's ability to retain clients and expand its footprint in the human resources technology market.

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