Current Liabilities
Client funds obligations
Automatic Data Processing, Inc. Client funds obligations decreased by 30.8% to $46.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $40.06B to $46.77B. Over 4 years (FY 2021 to FY 2025), Client funds obligations shows relatively stable performance with a -2.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryOther
SignalContext dependent
VolatilityVolatile
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026
How to read this metric
An increase indicates higher client payment volumes and processing activity, while a decrease suggests lower volume or timing differences in disbursements.
Detailed definition
This represents the liability for funds collected from clients for payroll and tax processing that have not yet been dis...
Peer comparison
Specific to payroll processors and financial intermediaries; peers show this as a direct offset to client fund assets.
Metric ID:
current_liabilities_client_funds_obligationsHistorical Data
20 periods
| 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 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $34.4B | $46.44B | $45.77B | $59.39B | $51.29B | $35.47B | $43.06B | $47.76B | $38.54B | $37.1B | $44B | $49.51B | $39.5B | $28.72B | $48.48B | $40.06B | $31.34B | $31.85B | $67.61B | $46.77B |
| QoQ Change | — | +35.0% | -1.4% | +29.8% | -13.6% | -30.8% | +21.4% | +10.9% | -19.3% | -3.7% | +18.6% | +12.5% | -20.2% | -27.3% | +68.8% | -17.4% | -21.8% | +1.6% | +112.3% | -30.8% |
| YoY Change | — | — | — | — | +49.1% | -23.6% | -5.9% | -19.6% | -24.9% | +4.6% | +2.2% | +3.7% | +2.5% | -22.6% | +10.2% | -19.1% | -20.7% | +10.9% | +39.5% | +16.8% |
Range$28.72B – $67.61B
CAGR+6.7%
Avg YoY Growth+0.2%
Median YoY Growth+2.3%
Client funds obligations at Other Companies
Frequently Asked Questions
- What is Automatic Data Processing, Inc.'s client funds obligations?
- Automatic Data Processing, Inc. (ADP) reported client funds obligations of $46.77B in Q1 2026.
- How has Automatic Data Processing, Inc.'s client funds obligations changed year-over-year?
- Automatic Data Processing, Inc.'s client funds obligations increased by 16.8% year-over-year, from $40.06B to $46.77B.
- What is the long-term trend for Automatic Data Processing, Inc.'s client funds obligations?
- Over 4 years (2021 to 2025), Automatic Data Processing, Inc.'s client funds obligations has grown at a -2.3% compound annual growth rate (CAGR), from $34.4B to $31.34B.
- What does client funds obligations mean?
- Funds held on behalf of clients for upcoming payroll and tax payments.