← AUTOMATIC DATA PROCESSING INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.2b |
$8.5b
+3.45%
|
$9.0b
+5.48%
|
$14.2b
+57.76%
|
$14.6b
+2.92%
|
$15.0b
+2.85%
|
$16.5b
+9.95%
|
$18.0b
+9.18%
|
$19.2b
+6.61%
|
$20.6b
+7.07%
|
$21.9b
+6.74%
|
|
| Cost of Revenue | $5.5b |
$5.5b
-0.84%
|
$6.3b
+14.70%
|
$8.1b
+29.35%
|
$8.4b
+4.43%
|
$8.6b
+2.31%
|
$9.5b
+9.51%
|
$10.0b
+5.19%
|
$10.5b
+5.26%
|
$11.1b
+5.92%
|
$11.8b
+5.97%
|
|
| TOTAL COSTS OF REVENUES | $6.8b |
$7.3b
+6.28%
|
$7.8b
+7.88%
|
$8.0b
+2.28%
|
$8.4b
+5.28%
|
$8.6b
+2.31%
|
$9.5b
+9.51%
|
$10.0b
+5.19%
|
$10.5b
+5.26%
|
|||
| Gross Profit (Calculated) | $2.7b |
$3.1b
+12.06%
|
$2.7b
-10.89%
|
$6.1b
+122.73%
|
$6.1b
+0.92%
|
$6.4b
+3.59%
|
$7.0b
+10.55%
|
$8.1b
+14.53%
|
$8.7b
+8.28%
|
$9.5b
+8.45%
|
— | |
| Research and Development Expense | — | — | — | — | — | — | $798.6m | $844.8m | $955.7m | $988.6m | — | |
| Selling, General and Administrative Expense | $2.6b | $2.8b | $3.0b | $3.1b | $3.0b | $3.0b | $3.2b | $3.6b | $3.8b | $4.1b | $4.4b | |
| Amortization of Intangible Assets | $153.0m | $168.8m | $204.5m | $228.4m | $287.2m | $327.4m | $344.1m | $372.8m | $371.6m | $380.6m | — | |
| Restructuring and Related Cost, Incurred Cost | — | — | $110.5m | $86.6m | — | — | — | — | — | — | — | |
| Operating expenses | $6.0b | $6.4b | $6.9b | $7.1b | $7.4b | $7.5b | $8.3b | $8.7b | $9.1b | $16.2b | ||
| Operating Costs and Expenses | $6.0b | $6.4b | $6.9b | $7.1b | $7.4b | $7.5b | $8.3b | $8.7b | $9.1b | $9.6b | — | |
| Interest Expense | $56.2m | $80.0m | $102.7m | $129.9m | $107.1m | $59.7m | $81.9m | $253.3m | $361.4m | $455.9m | $459.3m | |
| Investment Income, Interest | $62.4m | $76.7m | $83.5m | $97.6m | $84.5m | $36.5m | $41.0m | $149.5m | $241.3m | $319.5m | — | |
| Gain (Loss) on Investments | ($5.0m) | — | — | — | — | — | — | — | — | — | — | |
| Other income (expense): | ||||||||||||
| Nonoperating Income (Expense) | $100.4m | $284.3m | ($237.9m) | $111.1m | $148.0m | $96.3m | $82.8m | $183.5m | $286.7m | $354.1m | — | |
| EARNINGS BEFORE INCOME TAXES | $2.6b | $2.3b | $3.0b | $3.2b | $3.4b | $3.8b | $4.4b | $4.9b | $5.3b | |||
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $2.0b | $2.2b | $1.8b | $2.6b | $2.8b | $3.0b | $3.5b | $4.1b | $4.4b | $4.8b | $5.7b | |
| Current Income Tax Expense (Benefit) | $740.6m | $789.6m | $549.8m | $703.5m | $690.1m | $1.0b | $818.6m | $1.1b | $1.2b | $1.2b | $1.3b | |
| Provision for income taxes | ($500k) | $0 | $0 | $712.8m | $716.1m | $762.7m | $855.2m | $1.0b | $1.1b | — | — | |
| Income Tax Expense (Benefit) | $741.3m | $797.7m | $550.3m | $712.8m | $716.1m | $762.7m | $855.2m | $1.0b | $1.1b | $1.2b | $1.3b | |
| NET EARNINGS | $1.5b |
$1.7b
+16.14%
|
$1.6b
-6.50%
|
$2.3b
+41.46%
|
$2.5b
+7.58%
|
$2.6b
+5.35%
|
$2.9b
+13.48%
|
$3.4b
+15.70%
|
$3.8b
+9.96%
|
$4.1b
+8.73%
|
$4.4b
+8.18%
|
|
| Net Income (Loss) Attributable to Parent | $1.5b |
$1.7b
+16.14%
|
$1.6b
-6.50%
|
$2.3b
+41.46%
|
$2.5b
+7.58%
|
$2.6b
+5.35%
|
$2.9b
+13.48%
|
$3.4b
+15.70%
|
$3.8b
+9.96%
|
$4.1b
+8.73%
|
$4.4b
+8.18%
|
|
| Earnings Per Share, Basic | $3.27 | $3.87 | $3.68 | $5.27 | $5.73 | $6.10 | $7.04 | $8.25 | $9.14 | $10.02 | $10.97 | |
| Earnings Per Share, Diluted | $3.25 | $3.85 | $3.66 | $5.24 | $5.70 | $6.07 | $7.00 | $8.21 | $9.10 | $9.98 | $10.94 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | $4 | $4 | $5 | $6 | $6 | $7 | $8 | $9 | $10 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $3 | $4 | $4 | $5 | $6 | $6 | $7 | $8 | $9 | $10 | — | |
| Common Stock, Dividends, Per Share, Declared | $2.08 | $2.24 | $2.52 | $3.06 | $3.52 | $3.70 | $4.05 | $4.79 | $5.45 | $6.02 | — | |
| Basic weighted average shares outstanding (in shares) | 457.0m | 447.8m | 440.6m | 435.0m | 430.8m | 426.3m | 418.8m | 413.7m | 410.6m | 407.1m | — | |
| Diluted weighted average shares outstanding (in shares) | 459.1m | 450.3m | 443.3m | 437.6m | 432.7m | 428.1m | 421.1m | 415.7m | 412.2m | 408.7m | — | |
| Weighted Average Number of Shares Outstanding, Basic | 457.0m | 447.8m | 440.6m | 435.0m | 430.8m | 426.3m | 418.8m | 413.7m | 410.6m | 407.1m | 402.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 459.1m | 450.3m | 443.3m | 437.6m | 432.7m | 428.1m | 421.1m | 415.7m | 412.2m | 408.7m | 403.3m | |
| Additional Financial Items | ||||||||||||
| Cost, Depreciation and Amortization | $211.6m | $226.2m | $274.5m | $304.4m | $366.9m | $403.0m | $410.7m | $451.2m | $470.9m | $486.0m | — | |
| Other (income)/expense, net | ($100.4m) | ($284.3m) | $237.9m | ($111.1m) | ($148.0m) | ($96.3m) | ($82.8m) | ($183.5m) | ($286.7m) | — | $39.6m | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | — | $1.8m | ($26.9m) | ($18.7m) | ($10.4m) | ($4.7m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.5b | $1.7b | $1.6b | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($900k) | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | ($6.7m) | ($74.5m) | ($58.6m) | ($61.7m) | ($50.8m) | ($34.2m) | ($31.3m) | — | |
| TOTAL EXPENSES | $9.5b | $10.1b | $10.9b | $11.2b | $11.6b | $11.7b | $12.8b | $13.8b | $14.6b | $16.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.