Automatic Data Processing, Inc.

ADPNASDAQIndustrials● Active

$229.33

$-2.63(-1.13%)

Market Cap$91.7B

P/E Ratio—

52W High$329.93

52W Low$188.16

Avg Volume3.3M

Open$231.07

Beta0.84

Overview

Automatic Data Processing, Inc. (ADP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ADP · free cash flow · updated Jun 8, 2026

Core FCF metrics

ADP · FCF · TTM · margin & CAGR

Free cash flow was $4.77B for FY2025 (fiscal year ending 2025-06-30), up 32.7% year-over-year The FCF margin was 23.2%. Five-year CAGR stands at +14.6%.

FY2025 Free Cash Flow$4.77B▲ +32.7% YoY

Trailing 12M (TTM)$5.15Btrailing 4 quarters sum

FCF Margin23.2%$4.77B ÷ revenue

3-Year CAGR+23.3%FY2022 → FY2025

5-Year CAGR+14.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ADP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$4.94B(169M)$4.77B▲ +32.7%23.2%

FY2024$4.16B(563M)$3.59B▼ 1.1%18.7%

FY2023$4.21B(572M)$3.64B▲ +42.8%20.2%

FY2022$3.10B(553M)$2.55B▼ 1.6%15.4%

FY2021$3.09B(506M)$2.59B▲ +7.4%17.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ADP · P/FCF · FCF yield · FCF per share

Automatic Data Processing, Inc. (ADP) trades at a FCF yield of 5.59% and a price-to-free-cash-flow ratio of 18.1x. FCF per share stands at $12.65, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.59%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$12.65

TTM FCF ÷ Shares Outstanding

Price / FCF

x18.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30

Cash flow statement summary

ADP · cash flow statement · operating / investing / financing

For FY2025, Automatic Data Processing, Inc. generated $4.94B in operating cash flow and spent 169M in capital expenditures, yielding $4.77B in free cash flow.

Operating Activities

+$4.94B

Cash from core business operations

2025-06-30

Investing Activities

−$3.04B

CapEx, acquisitions & investments

2025-06-30

Financing Activities

−$6.97B

Buybacks, dividends & debt

2025-06-30

FCF FormulaOperating CF ($4.94B) − |CapEx| (169M) = FCF ($4.77B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ADP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Automatic Data Processing, Inc.YOU

ADP

$4.77B+32.7%23.2%

46%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Automatic Data Processing, Inc. (ADP) reported free cash flow of $4.77B for FY2025 (fiscal year ending 2025-06-30), up 32.7% year-over-year. The FCF margin was 23.2%.

Based on available data, Automatic Data Processing, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $4.77B in FY2025. The 5-year CAGR stands at +14.6%.

Automatic Data Processing, Inc.'s FCF yield is 5.59% and price-to-FCF ratio is 18.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ADP free cash flow · 8 questions

Automatic Data Processing, Inc. free cash flow was $4.77B for FY2025, up 32.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $5.15B.

ADP free cash flowADP FCFADP FCF 2025ADP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Automatic Data Processing, Inc. · Automatic Data Processing, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026