ADP is OVERVALUED SecDiverAI
Median Fair Price 196.47
Confidence: MEDIUM

Fair Price Range 132.99 - 228.27
3 Year Price target: $ 233.93 - $ 279.59

Current Market Price: 279.26 as of 2024-09-10
Investment Value of 100 $ invested in ADP as compared to Market Index: SPY across historical periods[*does not include dividends]
Investment Period $ Value Today(ADP) $ Value Today(SPY) CAGR vs Market
9 years before $ 409.58 $ 208.39 16.96% vs SPY:8.5%
5 years before $ 237.83 $ 150.37 18.92% vs SPY:8.5%
3 years before $ 169.2 $ 127.73 19.16% vs SPY:8.5%

Automatic Data Processing Inc. Summary [ ADP ]

ADP's business segments encompass a wide range of HCM solutions and payroll services, catering to businesses of all sizes and industries. The company's geographical revenue distribution reflects its global reach and commitment to serving clients worldwide. With a strong presence in the United States and expanding operations in international markets, ADP continues to be a trusted partner for businesses seeking efficient and comprehensive HCM solutions. As ADP focuses on innovation and global expansion, its diverse business segments and geographical revenue distribution will play a pivotal role in shaping its future growth and maintaining its position as a leading provider of human capital management services.


1. Showing REVENUE report for ADP [ permalink ] [ csv download ] [show/hide charts] Current Market Price: 279.26 as of 2024-09-10

T means Trillions, B means Billions, M means Millions, all values are in USD(or company filed currency) if not specified as percent/number in the Entry column
Disclaimer: Data is provided as is, please do your due diligence before making any investments, Markets can be very volatile!
Ticker Entry 2023 2022 2021
ADP contract liability, july 1, 2021 0.00 516.100M 522.700M
ADP contract liability, july 1, 2022 468.200M 0.00 0.00
ADP contract liability, june 30, 2022 0.00 468.200M 516.100M
ADP contract liability, june 30, 2023 464.800M 0.00 0.00
ADP contract liability, net of revenue recognized on contracts during the period 0.00 133.000M 130.000M
ADP contract liability, net of revenue recognized on contracts during the year 31.000M 0.00 0.00
ADP currency translation adjustments -4.800M -33.300M 26.000M
ADP recognition of revenue included in beginning of period contract liability -30.300M -147.600M -163.300M


Automatic Data Processing Inc.'s Business Segments Summary

  • 1. Employer Services:
  • The Employer Services segment represents ADP's core business, providing a wide range of HCM solutions to businesses of all sizes. This segment includes services such as payroll processing, tax and compliance management, benefits administration, and talent management solutions. ADP's Employer Services help companies effectively manage their workforce, automate HR processes, and optimize employee engagement.

  • 2. Small Business Services:
  • The Small Business Services segment focuses on delivering tailored HCM solutions to small and medium-sized businesses (SMBs). ADP offers comprehensive payroll services, HR management tools, and tax and compliance solutions specifically designed to address the unique needs of SMBs. This segment plays a critical role in ADP's efforts to serve a diverse range of businesses and support their growth and success.

  • 3. National Account Services:
  • The National Account Services segment caters to large businesses and multinational organizations with complex HR requirements. ADP offers scalable solutions that encompass payroll processing, time and attendance management, benefits administration, and other advanced HCM capabilities. This segment focuses on delivering customized services and dedicated support to meet the specific needs of national and global clients.

  • 4.

2. Showing SEGMENT:REVENUE report for ADP [ permalink ] [ csv download ] [show/hide charts] Current Market Price: 279.26 as of 2024-09-10

T means Trillions, B means Billions, M means Millions, all values are in USD(or company filed currency) if not specified as percent/number in the Entry column
Disclaimer: Data is provided as is, please do your due diligence before making any investments, Markets can be very volatile!
Ticker Entry 2023 2022 2021
ADP total revenues 18.012B 16.498B 15.005B
ADP capital expenditures 0.206B 0.177B 0.178B
ADP depreciation and amortization 0.549B 0.515B 0.510B
ADP earnings before income tax 4.437B 3.804B 3.361B
ADP employer services::capital expenditures 0.161B 0.125B 0.116B
ADP employer services::depreciation and amortization 0.467B 0.428B 0.421B
ADP employer services::earnings before income tax 3.974B 3.406B 3.052B
ADP employer services::revenue 12.042B 10.967B 10.195B
ADP other::capital expenditures 0.044B 0.051B 0.061B
ADP other::depreciation and amortization 0.074B 0.078B 0.081B
ADP other::earnings before income tax -0.514B -0.473B -0.410B
ADP other::revenue -0.015B -0.015B -0.008B
ADP peo services::depreciation and amortization 0.007B 0.008B 0.007B
ADP peo services::earnings before income tax 0.977B 0.871B 0.718B
ADP peo services::revenue 5.984B 5.545B 4.818B


3. Showing SEGMENT:REVENUE:ASSETS report for ADP [ permalink ] [ csv download ] [show/hide charts] Current Market Price: 279.26 as of 2024-09-10

T means Trillions, B means Billions, M means Millions, all values are in USD(or company filed currency) if not specified as percent/number in the Entry column
Disclaimer: Data is provided as is, please do your due diligence before making any investments, Markets can be very volatile!
Ticker Entry 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
ADP total revenues 16.498B 15.005B 14.590B 14.175B 13.328B 12.380B 11.668B 10.938B 12.207B 11.288B 10.595B
ADP assets 0.00 48.772B 39.165B 41.887B 38.849B 38.886B 0.00 0.00 0.00 0.00 0.00
ADP capital expenditures 0.177B 0.178B 0.168B 0.162B 0.191B 0.249B 0.165B 0.171B 0.218B 0.174B 0.146B
ADP depreciation and amortization 0.515B 0.510B 0.480B 0.409B 0.378B 0.316B 0.289B 0.278B 0.336B 0.316B 0.319B
ADP assets from continuing operations 0.00 0.00 0.00 0.00 37.088B 37.180B 43.670B 33.110B 32.051B 32.251B 30.673B
ADP earnings before income tax 3.804B 3.361B 3.182B 3.005B 2.282B 2.616B 2.234B 2.070B 2.274B 2.076B 2.101B
ADP client fund interest::earnings from continuing operations before income tax 0.00 0.00 0.00 0.00 -0.619B -0.314B -0.310B -0.594B -0.550B -0.432B -0.307B
ADP client fund interest::revenue 0.00 0.00 0.00 0.00 0.00 -0.628B -0.619B -0.594B -0.550B -0.432B -0.307B
ADP employer services::assets 0.00 50.279B 37.071B 34.606B 31.984B 31.724B 0.00 0.00 0.00 0.00 0.00
ADP employer services::assets from continuing operations 0.00 0.00 0.00 0.00 30.250B 30.107B 36.637B 27.554B 21.736B 24.462B 23.308B
ADP employer services::capital expenditures 0.125B 0.116B 0.115B 0.098B 0.113B 0.083B 0.071B 0.095B 0.090B 0.076B 0.039B
ADP employer services::depreciation and amortization 0.428B 0.421B 0.388B 0.321B 0.291B 0.247B 0.230B 0.226B 0.216B 0.190B 0.127B
ADP employer services::earnings before income tax 3.406B 3.052B 3.058B 2.954B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP employer services::earnings from continuing operations before income tax 0.00 0.00 3.063B 2.960B 3.087B 2.921B 2.867B 2.694B 2.521B 2.216B 2.054B
ADP employer services::revenue 10.967B 10.195B 10.086B 9.942B 9.942B 9.535B 9.212B 8.897B 8.535B 7.924B 7.449B
ADP other::assets 0.00 -3.050B 0.650B 5.697B 5.535B 6.002B 0.00 0.00 0.00 0.00 0.00
ADP other::assets from continuing operations 0.00 0.00 0.00 0.00 6.077B 6.485B 6.497B 5.225B 9.463B 6.985B 6.303B
ADP other::capital expenditures 0.051B 0.061B 0.052B 0.064B 0.078B 0.165B 0.093B 0.075B 0.114B 0.081B 0.065B
ADP other::depreciation and amortization 0.078B 0.081B 0.089B 0.085B 0.083B 0.068B 0.056B 0.055B 0.117B 0.122B 0.133B
ADP other::earnings before income tax -0.473B -0.410B -0.485B -0.562B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP other::earnings from continuing operations before income tax 0.00 0.00 -0.486B -0.572B -0.801B -0.104B -0.158B -0.233B -0.323B -0.273B -0.139B
ADP other::revenue -0.015B -0.008B -0.008B -0.010B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP other::total revenues 0.00 0.00 0.008B 0.010B -0.009B -0.011B 0.001B 0.069B 0.067B 0.001B 0.005B
ADP peo services::assets 0.00 1.543B 1.443B 1.584B 1.329B 1.160B 0.00 0.00 0.00 0.00 0.00
ADP peo services::assets from continuing operations 0.00 0.00 0.00 0.00 0.760B 0.586B 0.534B 0.377B 0.472B 0.411B 0.376B
ADP peo services::depreciation and amortization 0.008B 0.007B 0.003B 0.004B 0.003B 0.001B 0.001B 0.001B 0.001B 0.001B 0.001B
ADP peo services::earnings before income tax 0.871B 0.718B 0.609B 0.613B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP peo services::earnings from continuing operations before income tax 0.00 0.00 0.605B 0.620B 0.544B 0.463B 0.371B 0.303B 0.234B 0.199B 0.171B
ADP peo services::revenue 5.545B 4.818B 4.511B 4.242B 3.896B 3.483B 3.073B 2.647B 2.270B 1.973B 1.771B


Automatic Data Processing Inc.'s Geographical Summary

United States: The United States represents ADP's largest market, generating a significant portion of the company's revenue. ADP has a strong presence in the U.S. market, providing comprehensive HCM solutions to businesses across industries. The company's payroll services and HR solutions are widely adopted by organizations of all sizes, reflecting ADP's reputation and market leadership in the United States. International Markets: ADP has expanded its operations into international markets, serving clients across different regions. The company has a significant presence in countries such as Canada, the United Kingdom, France, Germany, Australia, and Brazil, among others. ADP tailors its HCM solutions to meet local compliance requirements and cultural nuances, allowing it to effectively serve clients in diverse global markets. International revenue contributes a substantial portion to ADP's overall revenue. Global Expansion Efforts: ADP continues to focus on global expansion initiatives, seeking growth opportunities in emerging markets. The company recognizes the increasing demand for HCM solutions and payroll services worldwide. ADP has been actively expanding its presence in regions like Asia-Pacific, Latin America, and the Middle East, leveraging partnerships and strategic acquisitions to penetrate new markets and establish long-term relationships with clients.

4. Showing SEGMENT:REVENUE:GEOGRAPHY:ASSETS report for ADP [ permalink ] [ csv download ] [show/hide charts] Current Market Price: 279.26 as of 2024-09-10

T means Trillions, B means Billions, M means Millions, all values are in USD(or company filed currency) if not specified as percent/number in the Entry column
Disclaimer: Data is provided as is, please do your due diligence before making any investments, Markets can be very volatile!
Ticker Entry 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
ADP total revenues 18.012B 16.498B 15.005B 14.590B 14.110B 13.326B 12.380B 11.668B 10.938B 12.207B 11.288B 10.595B
ADP assets 50.971B 63.068B 48.772B 39.165B 41.887B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP assets from continuing operations 0.00 0.00 0.00 0.00 0.00 37.088B 37.180B 43.670B 33.110B 32.051B 32.251B 30.673B
ADP canada::assets 3.022B 2.987B 3.360B 2.435B 1.950B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP canada::assets from continuing operations 0.00 0.00 0.00 0.00 0.00 2.009B 2.018B 1.949B 2.488B 2.228B 2.166B 2.111B
ADP canada::revenue 0.427B 0.389B 0.337B 0.329B 0.326B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP canada::total revenues 0.00 0.00 0.00 0.00 0.00 0.322B 0.291B 0.284B 0.320B 0.437B 0.442B 0.426B
ADP europe::assets 2.602B 2.452B 2.425B 2.162B 2.807B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP europe::assets from continuing operations 0.00 0.00 0.00 0.00 0.00 2.325B 2.252B 2.064B 2.059B 2.724B 2.261B 1.969B
ADP europe::revenue 1.309B 1.304B 1.307B 1.236B 1.236B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP europe::total revenues 0.00 0.00 0.00 0.00 0.00 1.245B 1.086B 1.063B 1.086B 1.387B 1.279B 1.269B
ADP other::assets 0.781B 0.771B 0.850B 0.676B 0.621B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP other::assets from continuing operations 0.00 0.00 0.00 0.00 0.00 0.533B 0.509B 0.462B 0.424B 0.569B 0.497B 0.390B
ADP other::revenue 0.00 0.324B 0.301B 0.278B 0.283B 0.284B 0.465B 0.450B 0.429B 0.491B 0.451B 0.405B
ADP other::total revenues 0.00 0.00 0.00 0.00 0.00 0.271B 0.242B 0.209B 0.00 0.00 0.00 0.00
ADP united states::assets 44.565B 56.856B 42.137B 33.891B 36.508B 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ADP united states::assets from continuing operations 0.00 0.00 0.00 0.00 0.00 32.221B 32.401B 39.194B 28.138B 26.529B 27.327B 26.201B
ADP united states::total revenues 15.950B 14.503B 13.081B 12.740B 12.262B 11.486B 10.760B 10.110B 9.101B 9.890B 9.114B 8.493B


About - Automatic Data Processing Inc. [ ADP ]

Automatic Data Processing Inc., commonly known as ADP, is a global provider of human capital management (HCM) solutions and payroll services. With its comprehensive range of technology-based solutions, ADP helps businesses streamline their HR processes, payroll management, and workforce management. along with long term historical data.


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