ADP Q1 2022 Earnings — Automatic Data Processing, Inc. Revenue & Financial Results | Market Cap Arena

ADPAutomatic Data Processing, Inc.

$86B

Q1 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$3.8B+10.4% YoY

Gross Profit

$1.8B46.2% margin

Operating Income

$891M23.2% margin

Net Income

$701M18.3% margin

EPS (Diluted)

$1.65

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$122M

Free Cash Flow

-$7M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$60.0B

Total Liabilities

$54.6B

Stockholders' Equity

$5.4B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.5B	+10.4%
Gross Profit	$1.8B	$1.6B	+12.4%
Operating Income	$891M	$755M	+17.9%
Net Income	$701M	$602M	+16.3%

Revenue Segments

HCM

$1.7B43%

Professional Employee Organization Services Segment

$840M22%

HRO

$679M18%

Global

$546M14%

Interest on Funds Held for Clients

$101M3%