ADP Q4 2022 Earnings — Automatic Data Processing, Inc. Revenue & Financial Results | Market Cap Arena

ADPAutomatic Data Processing, Inc.

$88B

Q4 2022 Earnings

Industrials Staffing & Employment Services

Income Statement

Revenue

$4.1B+10.5% YoY

Gross Profit

$1.9B46.7% margin

Operating Income

$828M20.0% margin

Net Income

$625M15.2% margin

EPS (Diluted)

$1.50

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$913M

Free Cash Flow

$769M

Stock-Based Comp.

$56M

Balance Sheet

Total Assets

$63.1B

Total Liabilities

$59.8B

Stockholders' Equity

$3.2B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$3.7B	+10.5%
Gross Profit	$1.9B	$1.7B	+13.5%
Operating Income	$828M	$691M	+19.8%
Net Income	$625M	$538M	+16.2%

Revenue Segments

HCM

$1.8B42%

Professional Employee Organization Services Segment

$914M22%

HRO

$772M19%

Global

$565M14%

Interest on Funds Held for Clients

$127M3%