Funds held for clients
Automatic Data Processing, Inc. Funds held for clients decreased by 31.3% to $46.41B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $39.38B to $46.41B. Over 5 years (FY 2020 to FY 2025), Funds held for clients shows an upward trend with a 12.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in this balance often correlates with growth in the client base or payroll volume, while declines may signal lower client activity.
Detailed definition
These are funds collected from clients in advance of payroll or tax payment obligations that the company holds in trust....
Peer comparison
Unique to payroll and financial services firms; represents a significant portion of the balance sheet for these entities.
current_assets_funds_held_clientsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $34.91B | $46.81B | $45.89B | $58.32B | $49.57B | $32.94B | $40.76B | $45.85B | $36.33B | $34.76B | $42.51B | $47.93B | $38B | $28.18B | $47.41B | $39.38B | $30.99B | $31.7B | $67.51B | $46.41B |
| QoQ Change | — | +34.1% | -2.0% | +27.1% | -15.0% | -33.6% | +23.7% | +12.5% | -20.8% | -4.3% | +22.3% | +12.8% | -20.7% | -25.8% | +68.3% | -16.9% | -21.3% | +2.3% | +113.0% | -31.3% |
| YoY Change | — | — | — | — | +42.0% | -29.6% | -11.2% | -21.4% | -26.7% | +5.5% | +4.3% | +4.5% | +4.6% | -18.9% | +11.5% | -17.8% | -18.5% | +12.5% | +42.4% | +17.9% |
Funds held for clients at Other Companies
Frequently Asked Questions
- What is Automatic Data Processing, Inc.'s funds held for clients?
- Automatic Data Processing, Inc. (ADP) reported funds held for clients of $46.41B in Q1 2026.
- How has Automatic Data Processing, Inc.'s funds held for clients changed year-over-year?
- Automatic Data Processing, Inc.'s funds held for clients increased by 17.9% year-over-year, from $39.38B to $46.41B.
- What is the long-term trend for Automatic Data Processing, Inc.'s funds held for clients?
- Over 5 years (2020 to 2025), Automatic Data Processing, Inc.'s funds held for clients has grown at a 12.9% compound annual growth rate (CAGR), from $36.87B to $67.51B.
- What does funds held for clients mean?
- Cash collected from clients to be paid out later for payroll and tax obligations.