Automatic Data Processing, Inc. (ADP) Stock Price & Analysis
Automatic Data Processing, Inc. (ADP) closed at USD 307.94 on Thursday, October 22, 2026, up 4.56% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 294.5; the Oct 22, 2026 session ranged USD 296.86–308.63 on volume of 3,270,531 shares. Market capitalization is $122.02B, with a 52-week range of USD 188.16–308.63 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ADP.md
Key facts (ADP)
- Last four reported quarters (through Jun 30, 2026): revenue $21.9B, net income $4.41B (20.1% margin) (SEC filings).
- Valuation: P/E 27.6x (avg 25.9x at the last 3 fiscal year-ends), net debt $735M.
- 6 of 80 tracked superinvestors hold ADP (13F, Q2 2026 (1 investor on Q3 2026, filed early)): 0 new, 3 added, 3 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 10 Form 4 filings, $12.5M; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 5 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $746K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.06 on a 1–5 scale) (18 analysts), mean target USD 289.07 (range 225–340).
- Total return with dividends: 1Y +12.6% vs S&P 500 +14.9%; 5Y +58.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 2.77, revenue estimate $5.47B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ADP)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $16.5B | $18.0B | $19.2B | $20.6B | $21.9B | $21.9B |
| Gross profit | $7.04B | $8.06B | $8.73B | $9.46B | $10.2B | — |
| Net income | $2.95B | $3.41B | $3.75B | $4.08B | $4.41B | $4.41B |
| EPS (diluted) | $7.00 | $8.21 | $9.10 | $9.98 | $10.94 | — |
| Gross margin | 42.6% | 44.7% | 45.4% | 46.0% | 46.4% | — |
| Net margin | 17.9% | 18.9% | 19.5% | 19.8% | 20.1% | 20.1% |
| Revenue growth | +9.9% | +9.2% | +6.6% | +7.1% | +6.7% | — |
| Cash + short-term investments | $1.48B | $2.10B | $3.30B | $7.85B | $4.23B | — |
| Total debt | $2.99B | $2.99B | $2.99B | $3.98B | $4.97B | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ADP)
P/E 27.6x · P/S 5.6x · EV/Sales 5.6x · P/B 20.2x · Earnings yield 3.62% · Dividend yield (paid, TTM) 2.15% · Buyback yield (TTM) 1.71% · Net debt $735M · EV $123B
P/E at fiscal year-ends: Jun 2026 20.5x, Jun 2025 30.9x, Jun 2024 26.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (ADP)
6 of 80 tracked investors hold ADP (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change | Quarter |
|---|---|---|---|---|---|
| Francois Rochon | Giverny Capital | 4.93% | $147M | Added +56.2% | Q2 2026 |
| Terry Smith | Fundsmith | 4.27% | $583M | Reduced -32.5% | Q2 2026 |
| First Eagle Investment | First Eagle Investment Management | 1.93% | $1.16B | Added +81.6% | Q2 2026 |
| David Katz | Matrix Asset Advisors | 1.15% | $14.0M | Reduced -3.0% | Q3 2026 |
| Jensen Investment Management | 0.45% | $18.5M | Reduced -21.4% | Q2 2026 | |
| Mairs & Power | Mairs & Power Funds | 0.26% | $28.5M | Added +2.2% | Q2 2026 |
Insider sales (SEC Form 4, open-market, last ~7 months) (ADP)
10 of 10 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Desilva Joseph | Executive VP | 631 | $178K | 3.2% | Yes | Routine (sold in Sep each year 2023–2025) |
| 2026-09-02 | Foskett David | Corp. VP | 1,529 | $433K | 9.8% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-09-02 | Desilva Joseph | Executive VP | 6,512 | $1.8M | 25.1% | Yes | Routine (sold in Sep each year 2023–2025) |
| 2026-09-02 | D'Ambrosio Christopher | Corp. VP | 1,872 | $530K | 15.9% | Yes | Routine (sold in Sep each year 2023–2025) |
| 2026-09-02 | Black Maria | President & CEO | 29,810 | $8.4M | 27% | Yes | Routine (sold in Sep each year 2023–2025) |
| 2026-08-21 | Michaud Brian L. | Executive VP | 120 | $34K | 0.6% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-20 | Kwon David | Corp VP | 798 | $223K | 5.7% | Yes | Too little history (no open-market trades in 2023) |
| 2026-07-30 | Kwon David | Corp VP | 2,414 | $641K | 20% | Yes | Too little history (no open-market trades in 2023) |
| 2026-05-08 | Michaud Brian L. | Executive VP | 848 | $180K | 5.5% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-14 | D'Ambrosio Christopher | Corp. VP | 543 | $106K | 6.1% | Yes | Routine (sold in Sep each year 2023–2025; this trade is outside those months) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ADP)
1 purchase, $746K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-07 | Swan Robert Holmes | Director | 3,619 | $746K | 206.05 | Too little history (no open-market trades in 2023–2025) |
Analysts (ADP)
Consensus Hold (mean 3.06 on a 1–5 scale), 18 analysts; mean target USD 289.07 (low 225, high 340).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | Cantor Fitzgerald | Reiterated | Overweight | $310 |
| 2026-08-03 | Cantor Fitzgerald | Target raised | Overweight | $295 → $310 |
| 2026-07-30 | Citigroup | Target raised | Neutral | $230 → $287 |
| 2026-07-30 | Morgan Stanley | Target raised | Equal-Weight | $240 → $286 |
| 2026-07-30 | Stifel | Target raised | Hold | $260 → $285 |
| 2026-07-30 | Wells Fargo | Target raised | Equal-Weight | $248 → $283 |
| 2026-07-30 | Guggenheim | Target raised | Buy | $270 → $300 |
| 2026-07-22 | UBS | Target raised | Neutral | $260 → $270 |
| 2026-07-22 | Cantor Fitzgerald | Target raised | Overweight | $244 → $295 |
| 2026-07-21 | Guggenheim | Reiterated | Buy | $270 |
| 2026-07-09 | Wells Fargo | Target raised | Equal-Weight | $214 → $248 |
| 2026-07-08 | Stifel | Target raised | Hold | $240 → $260 |
Total return (dividends reinvested) (ADP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +12.6% | +58.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +12.6% | +9.6% |
| Volatility (annualized) | 28.3% | 23.0% |
| Max drawdown | -32.0% (Oct 2025→Apr 2026) | -40.8% (Jun 2025→Apr 2026) |
ADP revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Employer Services | $3.70B | 67.5% | +6.7% |
| PEO Services | $1.78B | 32.5% | +6.9% |
| Total revenue | $5.47B | 100% | — |
ADP revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Revenues from external customers | $3.34B | 61.1% | +5.8% |
| Revenues, other than interest on funds held for clients and PEO revenues | $3.34B | 61.1% | +5.8% |
| HCM | $2.23B | 40.7% | +4.8% |
| PEO Revenues | $1.78B | 32.5% | +6.9% |
| PEO zero-margin benefits pass-throughs | $1.18B | 21.6% | +7.8% |
| HRO, excluding PEO zero-margin benefits pass-throughs | $962.0M | 17.6% | +5.7% |
| Global | $749.7M | 13.7% | +8.8% |
| Interest on funds held for clients | $355.5M | 6.5% | +15.5% |
| Total revenue | $5.47B | 100% | — |
ADP revenue by region (fiscal year ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $19.28B | 87.8% | +6.1% |
| EMEA | $1.73B | 7.9% | +13.0% |
| Canada | $523.7M | 2.4% | +7.0% |
| Other Geographical Places | $410.6M | 1.9% | +14.4% |
| Total revenue | $21.95B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ADP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Chubb Ltd (CB) | “ADP Indemnity paid a premium of $327.8 million in July 2026, to enter into a reinsurance agreement with Chubb to cover substantially all losses incurred by ADP Indemnity for fiscal 2027 policy year on terms substantially similar to the fiscal 2026 reinsurance policy.” |
Quoted from the company's 10-K filed Aug 5, 2026.
Companies that name ADP in their SEC reports
| Relationship to ADP | Company | Filing | Sentence |
|---|---|---|---|
| partner | Workday, Inc. (WDAY) | 10-K Mar 6, 2026 | “Our global partnerships with payroll providers, including Automatic Data Processing, Inc. ("ADP"), Remote Technology, Inc., and Strada, enable integrated and streamlined payroll solutions across the world.” |
ADP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.77 | $2.76 | +0.3% | $5.47B | 15 |
| Next quarter (ends Dec 2026) | $2.91 | $2.92 | -0.3% | $5.67B | 15 |
| Current fiscal year (ends Jun 2027) | $12.26 | $12.20 | +0.5% | $23.23B | 18 |
| Next fiscal year (ends Jun 2028) | $13.40 | $13.35 | +0.4% | $24.56B | 18 |
ADP options: expected move
Options price a move of about ±5.1% (±$15.70) by Oct 30, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±2.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 43.1% | ±5.1% |
| Nov 6, 2026 | 14 | 36.5% | ±5.9% |
| Nov 13, 2026 | 21 | 33.7% | ±6.6% |
| Nov 20, 2026 | 28 | 33.9% | ±7.6% |
| Nov 27, 2026 | 35 | 31.8% | ±8.0% |
| Dec 4, 2026 | 42 | 30.2% | ±8.3% |
| Dec 18, 2026 | 56 | 28.8% | ±9.2% |
| Jan 15, 2027 | 84 | 28.4% | ±11.0% |
30-day implied volatility 32.3% vs 23.9% realized over the last 30 trading days. Put/call ratio (volume) 0.17. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 307.94 |
|---|---|
| Change | ▲ 4.56% (up) |
| Previous Close | USD 294.5 |
| Open | USD 296.86 |
| Day Range | USD 296.86 – 308.63 |
| 52-Week Range | USD 188.16 – 308.63 |
| Volume | 3,270,531 shares |
| Market Cap | $122.02B |
| Exchange | NMS |
Technical Analysis (ADP)
Nexqual's technical model rates ADP "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 78.42 (overbought) |
| vs SMA50 | Above (USD 274.8) |
| MACD | 7.52 (positive) |
Analyst Ratings (ADP)
Wall Street analysts rate ADP "Hold" based on 18 analysts, with a mean price target of USD 289.07 (range USD 225–340), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 18 |
| Mean Target | USD 289.07 |
| High Target | USD 340 |
| Low Target | USD 225 |
| Buy / Hold / Sell | 4 / 11 / 3 |
Earnings (ADP)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 2.77 |
| Revenue Estimate | $5.47B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.64 vs est 2.6 ▲ beat |
| 2026-03-31 | USD 3.37 vs est 3.3 ▲ beat |
| 2025-12-31 | USD 2.62 vs est 2.57 ▲ beat |
| 2025-09-30 | USD 2.49 vs est 2.44 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (ADP)
| Total Revenue | $21.95B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.80% |
| Gross Margin | +48.65% |
| Operating Margin | +23.46% |
| Profit Margin | +20.11% |
| ROE | +72.24% |
| Debt / Equity | 0.91 |
| Current Ratio | 1.05 |
| Total Cash | $4.23B |
| Total Debt | $5.51B |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (ADP)
Nexqual rates Automatic Data Processing, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 49%, operating 23% (last 12 months) |
| Balance Sheet | Mixed — $4.23B cash and investments vs $4.97B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $5.44B (FY ended Jun 2026, 10-K) |
| Efficiency | Strong — ROE 72%, ROA 6.2% |
Ownership (ADP)
| Insider Ownership | +0.14% |
|---|---|
| Institutional Ownership | +91.40% |
| Shares Outstanding | 396.25M |
| Float | 396.31M |
| Short % of Float | +2.77% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (ADP)
Automatic Data Processing, Inc. is led by Maria Black, President, CEO & DIrector, per Nexqual as of October 23, 2026 at 09:23 UTC.
| President, CEO & DIrector | Maria Black |
|---|---|
| Chief Financial Officer | Peter J. Hadley |
| President of Global Product & Innovation | Sreenivasa Kutam |
| Vice President of Investor Relations | Matthew John Keating C.F.A. |
| President of Global Sales | David Foskett |
Major Backers & Investors (ADP)
Notable institutional backers of Automatic Data Processing, Inc. include Invesco, Charles Schwab Investment Management, Inc., Wellington Management, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Invesco | 3.42% |
| Charles Schwab Investment Management, Inc. | 3.21% |
| Wellington Management | 2.53% |
| Charles Schwab | 2.43% |
| Morgan Stanley | 2.11% |
| Capital Group | 2.09% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.25% |
| BlackRock | 9.12% |
| State Street | 5.15% |
| Geode Capital | 3.02% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Automatic Data Processing, Inc.'s Latest SEC 10-K Filing (filed 2026-08-05)
Key Strengths & Strategy (as disclosed to the SEC)
- To help clients manage the workforce infrastructure that makes business possible, whether they're a Fortune 500 company or a small local business, we provide a unified ecosystem of HCM solutions rooted in our industry-leading data and deep domain expertise.
- ADP Comprehensive Services combines personalized, high-touch support with our market-leading ADP Workforce Now platform to offer a one-stop suite of managed services tailored to the specific needs of businesses of all sizes.
- Our HCM solutions are offered in over 140 countries and territories across North America, Latin America, Europe, Asia and Africa.
- Our industry-leading data, global scale and reach, and deep domain expertise shape our trusted service model and are at the core of our relationship with each one of our clients, which span over 140 countries and territories.
Partnerships
- ADP Retirement Services provides recordkeeping and administrative services, combined with an investment platform that gives our clients access to a wide range of non-proprietary investment options and online tools to easily manage their plan.
Legal & Regulatory Risks (Item 1A, quoted)
- Trade, including the imposition of tariffs or other trade restrictions, monetary and fiscal policies, and political and economic conditions may substantially change, and credit markets may experience periods of constriction and volatility.
- We invest our funds held for clients in liquid, investment-grade marketable securities, money market securities, and other cash equivalents. Nevertheless, such investments are subject to general market, interest rate, credit and liquidity risks. These risks may be exacerbated, individually or together, during periods of unusual financial market volatility.
- We derive a significant portion of our revenues and operating income outside of the United States and, as a result, we are exposed to market risk from changes in foreign currency exchange rates that could impact our results of operations, financial position and cash flows.
- The investment community, clients, regulators, and other stakeholders may have evolving and varied expectations regarding our business, culture, and values.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt