ADPAutomatic Data Processing
In 1949, our founders established ADP with a simple, innovative idea: help clients focus on their business by solving their payroll challenges. 10-K, Item 1
- Headquarters
- Roseland, NJ
- CEO
- Maria Black
- Next results
- around Jan 27, 2027
The biggest changes in the 10-K filed 2026-08-05, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
+10.2% Big change FY to 2026-06-30 vs 2025-06-30The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Net income
+8.2% FY to 2026-06-30 vs 2025-06-30“The decrease in the effective tax rate is primarily due to a decrease in uncertain tax positions and an increase in tax credits, partially offset by a lower benefit for adjustments to prior year tax liabilities and a lower excess tax benefit on stock-based compensation for fiscal 2026 as compared to fiscal 2025.”
Read it in the 10-K ↗
“In addition to the increase in net earnings, diluted EPS increased in fiscal 2026 as a result of the impact of fewer shares outstanding resulting from share repurchases under our authorized share repurchase program, partially offset by the issuances of shares under our employee benefit plans.”
Read it in the 10-K ↗
Revenue
+6.7% FY to 2026-06-30 vs 2025-06-30“Total revenues increased in fiscal 2026 due to new business started from new business bookings, strong client revenue retention, an increase in zero-margin benefits pass-throughs of $318.3 million, an increase in pricing, a 1% year-over-year growth impact of foreign currency, and an increase in interest on funds held for clients of $165.7 million.”
Read it in the 10-K ↗
“Employer Services' revenues increased in fiscal 2026 due to new business started from new business bookings, strong client revenue retention, an increase in pricing, a 1% year-over-year growth impact of foreign currency, an increase in interest earned on funds held for clients of $164.1 million, and an increase in our pays per control when measured on a same-store-sales basis of 1%.”
Read it in the 10-K ↗
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on ADP in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/ADP/export.csv") into a cell.