Automatic Data Processing
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Automatic Data Processing's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $19,202,600,000. The net income raised on $3,752,000,000 and profit margin reached 20%. Total operating expenses were $4,204,399,999.
Profit Margin
| 2015 | 10.56B | 1.45B | 13.75% |
|---|---|---|---|
| 2016 | 11.29B | 1.49B | 13.22% |
| 2017 | 11.98B | 1.73B | 14.47% |
| 2018 | 12.85B | 1.62B | 12.6% |
| 2019 | 13.61B | 2.29B | 16.84% |
| 2020 | 14.58B | 2.46B | 16.91% |
| 2021 | 14.58B | 2.59B | 17.82% |
| 2022 | 16.04B | 2.94B | 18.38% |
| 2023 | 18.01B | 3.41B | 18.94% |
| 2024 | 19.20B | 3.75B | 19.54% |
ADP Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 19.20B | 18.01B | 16.04B | 14.58B | 14.58B | 13.61B | 12.85B | 11.98B | 11.29B | 10.56B |
Cost of revenue | 10.47B | 9.95B | 9.46B | 8.64B | 8.44B | 8.08B | 7.84B | 7.26B | 6.84B | 6.42B |
Gross profit | 8.72B | 8.05B | 6.58B | 5.94B | 6.14B | 5.52B | 5.01B | 4.71B | 4.45B | 4.13B |
Operating exp. | ||||||||||
Research and development | 955.7M | 844.8M | 798.6M | 716.6M | 674.1M | 636.3M | 635.4M | 627.5M | 603.7M | 0 |
Selling and marketing | 0 | 50.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 4.20B | 3.55B | 3.23B | 3.04B | 3.00B | 3.06B | 2.97B | 2.78B | 2.63B | 2.49B |
Operating income | 4.97B | 4.50B | 3.90B | 3.41B | 3.14B | 3.12B | 2.04B | 1.92B | 1.81B | 1.63B |
Other income (expenses), net | -104.9M | -69.8M | -101.8M | -58.5M | 40.9M | -123.1M | 125.9M | 177.4M | 38M | 56.69M |
Income before tax | 4.87B | 4.43B | 3.80B | 3.36B | 3.18B | 3.00B | 2.17B | 2.53B | 2.23B | 2.07B |
Income tax expense | 1.12B | 1.02B | 855.2M | 762.7M | 716.1M | 712.8M | 550.3M | 797.7M | 741.3M | 694.2M |
Net income | 3.75B | 3.41B | 2.94B | 2.59B | 2.46B | 2.29B | 1.62B | 1.73B | 1.49B | 1.45B |
Earnings per share | ||||||||||
Basic EPS | 9.14 | 8.25 | 7.04 | 6.1 | 5.73 | 5.27 | 3.68 | 3.87 | 3.27 | 3.07 |
Diluted EPS | 9.1 | 8.21 | 7 | 6.07 | 5.7 | 5.24 | 3.66 | 3.85 | 3.25 | 3.05 |
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