Automatic Data Processing, Inc. provides business process outsourcing services worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers various human resources (HR) outsourcing and technology-based human capital management solutions. Its offerings include payroll, benefits administration, talent management, HR management, time and attendance management, insurance, retirement, and compliance services. This segment provides a range of solutions, which businesses of various types and sizes can use to activate talent, as well as recruit, pay, manage, and retain their workforce. It serves approximately 630,000 clients through its cloud-based strategic software as a service offering. The PEO Services segment provides HR outsourcing solutions through a co-employment model. This segment offers HR administration services, including employee recruitment, payroll and tax administration, time and attendance management, benefits administration, employee training and development, online HR management tools, and employee leave administration. It also provides employee benefits that enable eligible worksite employees with access to a 401(k) retirement savings plan, health savings accounts, flexible spending accounts, group term life and disability coverage, and an employee assistance program, as well as group health, dental, and vision coverage. In addition, this segment offers employer liability management services comprising workers' compensation program, unemployment claims management, safety compliance guidance and access to safety training, access to employment practices liability insurance, and guidance on compliance with the United States federal, state, and local employment laws and regulations. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNASDAQ:ADP
CUSIP05301510
Phone973-974-5000
Debt
Debt-to-Equity Ratio0.58
Current Ratio1.05
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio34.51
Forward P/E Ratio29.04
P/E Growth2.57
Sales & Book Value
Annual Sales$13.33 billion
Price / Sales4.94
Cash Flow$5.3872 per share
Price / Cash27.92
Book Value$7.85 per share
Price / Book19.16
Profitability
EPS (Most Recent Fiscal Year)$4.35
Net Income$1.62 billion
Net Margins12.16%
Return on Equity50.17%
Return on Assets4.78%
Miscellaneous
Employees57,000
Outstanding Shares437,440,000
Market Cap$65.91 billion
