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Automatic Data Processing, Inc. ADP PEO Services — Revenue

Other segment segments

Employer Services
$3.7B+6.7%
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 PEO services — revenue?
Automatic Data Processing, Inc. (ADP) reported PEO services — revenue of $1.78B in Q2 2026.
How has Automatic Data Processing, Inc.'s PEO services — revenue changed year-over-year?
Automatic Data Processing, Inc.'s PEO services — revenue increased by 6.9% year-over-year, from $1.66B to $1.78B.
What is the long-term trend for Automatic Data Processing, Inc.'s PEO services — revenue?
Over 4 years (2022 to 2026), Automatic Data Processing, Inc.'s PEO services — revenue has grown at a 6.5% compound annual growth rate (CAGR), from $5.55B to $7.13B.
What does PEO services — revenue mean?
This represents the total revenue generated by the Professional Employer Organization (PEO) segment, which provides comprehensive HR outsourcing solutions. It includes service fees and administrative charges for managing payroll, benefits, and compliance for client employees. This metric is a primary indicator of the segment's market penetration and client demand for outsourced HR services.

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