Stock Analysis on Net
Stock Analysis on Net

Automatic Data Processing Inc. (NASDAQ:ADP)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Common-Size Income Statement
Quarterly Data

Automatic Data Processing Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015
Revenues, other than interest on funds held for clients and PEO revenues 63.87 63.64 64.39 64.83 65.12 65.08 65.39 64.60 65.52 65.36 65.97 65.47 66.20 66.17 66.76 66.97 67.50 67.65 67.59 67.66 68.31 69.54 69.85 70.29 70.30 70.69 71.06
Interest on funds held for clients 2.61 2.63 2.64 2.76 2.62 2.85 3.07 3.40 3.93 3.75 3.83 4.20 4.35 3.68 3.57 3.78 3.65 3.30 3.23 3.42 3.27 3.07 3.06 3.36 3.16 3.18 3.24
Professional Employer Organization (PEO) revenues 33.52 33.73 32.97 32.41 32.26 32.07 31.54 32.00 30.55 30.89 30.20 30.33 29.45 30.15 29.67 29.24 28.85 29.05 29.18 28.93 28.42 27.39 27.09 26.35 26.53 26.12 25.70
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Operating expenses -49.03 -50.70 -50.38 -51.15 -48.74 -50.00 -50.77 -53.49 -48.77 -50.03 -51.14 -50.75 -48.72 -50.94 -51.45 -52.04 -49.95 -53.14 -53.49 -52.95 -49.89 -52.23 -52.50 -51.56 -49.61 -52.70 -53.05
Systems development and programming costs -4.37 -4.96 -4.93 -5.21 -4.35 -4.72 -4.86 -4.89 -4.25 -4.60 -4.81 -4.63 -4.16 -4.45 -4.75 -4.60 -4.40 -4.89 -5.10 -5.44 -4.49 -5.10 -5.31 -5.20 -4.53 -5.33 -5.75
Depreciation and amortization -2.27 -2.50 -2.69 -2.66 -2.44 -2.71 -2.98 -2.83 -2.30 -2.44 -2.54 -2.37 -2.01 -2.05 -2.18 -2.18 -1.90 -2.14 -2.03 -1.89 -1.65 -1.84 -1.96 -1.85 -1.66 -1.91 -1.86
Costs of revenues -55.67% -58.16% -58.00% -59.02% -55.54% -57.43% -58.61% -61.21% -55.32% -57.07% -58.49% -57.75% -54.89% -57.44% -58.39% -58.82% -56.25% -60.17% -60.62% -60.28% -56.03% -59.18% -59.78% -58.61% -55.80% -59.94% -60.67%
Gross profit 44.33% 41.84% 42.00% 40.98% 44.46% 42.57% 41.39% 38.79% 44.68% 42.93% 41.51% 42.25% 45.11% 42.56% 41.61% 41.18% 43.75% 39.83% 39.38% 39.72% 43.97% 40.82% 40.22% 41.39% 44.20% 40.06% 39.33%
Selling, general, and administrative expenses -18.11 -19.43 -18.77 -22.50 -18.60 -20.45 -19.62 -22.67 -18.69 -20.56 -20.78 -24.43 -19.50 -21.26 -21.48 -25.22 -20.45 -22.17 -21.51 -27.07 -19.50 -21.45 -22.21 -26.57 -19.53 -22.34 -22.30
Operating income 26.22% 22.41% 23.24% 18.49% 25.86% 22.12% 21.77% 16.11% 25.99% 22.38% 20.72% 17.82% 25.61% 21.31% 20.13% 15.96% 23.30% 17.66% 17.86% 12.65% 24.48% 19.37% 18.02% 14.82% 24.67% 17.72% 17.03%
Interest expense -0.41 -0.46 -0.48 -0.46 -0.33 -0.38 -0.44 -0.46 -0.49 -0.86 -1.14 -0.96 -0.56 -1.10 -1.08 -0.86 -0.50 -0.85 -0.91 -0.74 -0.49 -0.69 -0.68 -0.63 -0.50 -0.60 -0.18
Other income (expense), net 0.55 0.66 0.75 0.63 0.46 0.78 0.72 0.08 1.10 1.25 1.56 1.25 0.55 0.93 0.42 -8.93 0.29 0.67 0.85 0.76 0.29 7.63 0.79 0.54 0.30 0.98 1.76
Earnings from continuing operations before income taxes 26.37% 22.61% 23.51% 18.66% 25.99% 22.53% 22.05% 15.73% 26.60% 22.77% 21.14% 18.10% 25.59% 21.14% 19.46% 6.17% 23.09% 17.48% 17.81% 12.67% 24.27% 26.32% 18.13% 14.73% 24.47% 18.09% 18.61%
Provision for income taxes -5.79 -5.36 -5.23 -4.25 -6.23 -5.01 -4.70 -3.54 -6.32 -5.01 -4.48 -4.51 -6.00 -5.21 -4.25 -2.89 -5.67 -3.04 -4.76 -3.99 -7.04 -9.22 -5.49 -5.00 -8.07 -5.93 -6.17
Net earnings from continuing operations 20.57% 17.25% 18.28% 14.40% 19.76% 17.52% 17.35% 12.19% 20.28% 17.76% 16.66% 13.59% 19.59% 15.92% 15.21% 3.28% 17.41% 14.45% 13.04% 8.68% 17.24% 17.10% 12.64% 9.73% 16.39% 12.16% 12.44%
Net loss from discontinued operations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.03
Net earnings 20.57% 17.25% 18.28% 14.40% 19.76% 17.52% 17.35% 12.19% 20.28% 17.76% 16.66% 13.59% 19.59% 15.92% 15.21% 3.28% 17.41% 14.45% 13.04% 8.68% 17.24% 17.10% 12.64% 9.73% 16.39% 12.16% 12.40%

Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Automatic Data Processing Inc. operating income as a percentage of revenues decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Earnings from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Automatic Data Processing Inc. earnings from continuing operations before income taxes as a percentage of revenues decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Automatic Data Processing Inc. net earnings as a percentage of revenues decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level.