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Automatic Data Processing, Inc. ADP Revenues from external customers — Revenue

Other product segments

HCM
$2.49B+4.2%
PEO zero-margin benefits pass-throughs
$1.17B+7.3%
HRO, excluding PEO zero-margin benefits pass-throughs
$1.12B+5.4%
Global
$751.9M+15.3%
Interest on funds held for clients
$403.9M

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Other financials

Income statement

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Revenue$5.9B+7.0%
Gross profit$2.9B+8.2%
Net income$1.4B+8.8%
EPS (diluted)$3.38+10.5%

Balance sheet

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Cash & equivalents$3.2B+20.4%
Total debt$4.4B+30.6%
Total equity$6.4B+8.5%
Total assets$64.5B+14.2%

Cash flow

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Operating cash flow$2.2B+46.7%
CapEx$50.6M+39.0%
Free cash flow$2.2B+46.9%

Valuation

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Market cap$87.31B-34.2%
Enterprise value$88.47B-33.6%
P/E20.1×-13.1×
P/S-2.5×

Profitability

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Gross margin46.2%+0.2pp
Net margin20.1%+0.3pp
FCF margin24.5%+1.7pp

Returns & leverage

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Return on equity71.2%-5.1pp
Debt / equity0.7×+0.1×
Current ratio0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Automatic Data Processing, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Automatic Data Processing, Inc.'s revenues from external customers — revenue?
Automatic Data Processing, Inc. (ADP) reported revenues from external customers — revenue of $5.54B in Q1 2026.
How has Automatic Data Processing, Inc.'s revenues from external customers — revenue changed year-over-year?
Automatic Data Processing, Inc.'s revenues from external customers — revenue increased by 6.5% year-over-year, from $5.2B to $5.54B.
What is the long-term trend for Automatic Data Processing, Inc.'s revenues from external customers — revenue?
Over 2 years (2023 to 2025), Automatic Data Processing, Inc.'s revenues from external customers — revenue has grown at a 6.1% compound annual growth rate (CAGR), from $17.2B to $19.37B.
What does revenues from external customers — revenue mean?
This metric represents the total revenue generated from core business operations, excluding interest income earned on funds held on behalf of clients. It reflects the primary top-line performance of the company's service offerings, such as payroll processing, human capital management, and HR outsourcing. By isolating these revenues, investors can assess the organic growth and market demand for the company's professional services independent of fluctuations in interest rate environments.