ADP Q2 2022 Earnings — Automatic Data Processing, Inc. Revenue & Financial Results | Market Cap Arena

ADPAutomatic Data Processing, Inc.

$86B

Q2 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$4.0B+8.9% YoY

Gross Profit

$1.9B46.2% margin

Operating Income

$902M22.4% margin

Net Income

$694M17.3% margin

EPS (Diluted)

$1.65

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$966M

Stock-Based Comp.

$56M

Balance Sheet

Total Assets

$59.1B

Total Liabilities

$54.1B

Stockholders' Equity

$5.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$3.7B	+8.9%
Gross Profit	$1.9B	$1.7B	+8.0%
Operating Income	$902M	$818M	+10.3%
Net Income	$694M	$648M	+7.2%

Revenue Segments

HCM

$1.7B43%

Professional Employee Organization Services Segment

$864M21%

HRO

$759M19%

Global

$553M14%

Interest on Funds Held for Clients

$106M3%