ADP Q3 2022 Earnings — Automatic Data Processing, Inc. Revenue & Financial Results | Market Cap Arena

ADPAutomatic Data Processing, Inc.

$86B

Q3 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$4.5B+10.0% YoY

Gross Profit

$2.2B48.1% margin

Operating Income

$1.2B26.2% margin

Net Income

$929M20.6% margin

EPS (Diluted)

$2.21

QoQ Revenue Growth

+12.1%

Cash Flow

Operating Cash Flow

$971M

Free Cash Flow

$818M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$72.1B

Total Liabilities

$67.9B

Stockholders' Equity

$4.2B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.1B	+10.0%
Gross Profit	$2.2B	$2.0B	+9.9%
Operating Income	$1.2B	$1.1B	+11.5%
Net Income	$929M	$811M	+14.5%

Revenue Segments

HCM

$2.0B45%

HRO

$906M20%

Professional Employee Organization Services Segment

$897M20%

Global

$577M13%

Interest on Funds Held for Clients

$118M3%