What is the 13F Pro Quality Score for ADP?

13F Pro ranks AUTOMATIC DATA PROCESSING INC (ADP) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ADP's current score at https://13fpro.ai/company/ADP (free sign-up required for the full ranking).

Which hedge funds own the most ADP stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of ADP include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/ADP as soon as new 13F filings post.

Where does 13F Pro source ADP data?

All AUTOMATIC DATA PROCESSING INC fundamentals and ownership data come directly from SEC EDGAR. AUTOMATIC DATA PROCESSING INC files with the SEC under CIK 8670. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ADP in?

AUTOMATIC DATA PROCESSING INC (ADP) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives ADP's revenue?

Per AUTOMATIC DATA PROCESSING INC's latest 10-K filed with the SEC on 2026-08-05, the biggest revenue drivers are: Employer Services ($14,831.4M, +7% YoY); PEO Services ($7,128.1M, +7% YoY); PEO zero-margin benefits pass-throughs ($4,607.3M, +7% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/ADP.

What are ADP's largest expenses?

AUTOMATIC DATA PROCESSING INC's latest 10-K reports these as the largest expense items: Operating expenses ($10,240.6M, +6% YoY); Selling, general and administrative ($4,408.2M, +9% YoY); Research and development ($1,028.8M, +4% YoY). Sourced directly from SEC EDGAR filing text for FY2026 (year ended June 30, 2026).

How often is ADP research updated on 13F Pro?

ADP's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

AUTOMATIC DATA PROCESSING INC(ADP)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Technology →Nasdaqlarge

Institutional-grade research for retail investors

SEC EDGAR: CIK 8670 ADP stock profile & AI dashboard →

13F Pro Quality Score

69.8/100

Rank #242 of 2,961 stocksTOP 10%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

49.7/100

Profitability

79.5/100

Balance Sheet

78.4/100

Earnings Quality

47.4/100

Free Cash Flow

78.5/100

Institutional Flow

80.5/100

Revenue Scale

93.2/100

Dilution Risk

54.3/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why ADP Scores 70/100

exact factor attribution · 2026-09-11

ADP's composite is driven by scale and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+6.5 pts

93th pct

Profitability

+4.4 pts

80th pct

Free cash flow

+4.3 pts

79th pct

Capital efficiency

+2.8 pts

78th pct

Institutional flow

+1.5 pts

81th pct

Earnings growth

+0.4 pts

57th pct

Shareholder dilution

+0.2 pts

54th pct

Revenue growth

-0.1 pts

50th pct

Earnings quality

-0.3 pts

47th pct

Latest change (2026-08-06): 78 → 73 · ↓ Revenue growth 61→45; ↓ Earnings growth 58→47

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

ADP Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for AUTOMATIC DATA PROCESSING INC (ADP), a Technology sector company. 13F Pro's AI-powered ranking engine scores ADP at 69.8/100 on a 32-signal composite quality model, placing it at rank #242 of 2,961 stocks — the top 10% of the AI-ranked universe. ADP scores in the top quartile across revenue scale (93.2), institutional flow (80.5), profitability (79.5). Top institutional holders of ADP by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. ADP trades on the Nasdaq exchange and files with the SEC under CIK 8670. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ADP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AUTOMATIC DATA PROCESSING INC directly from SEC EDGAR. AUTOMATIC DATA PROCESSING INC's 13F Pro composite quality score has ranged between 64 and 78 since 2021, currently 69.8 — a declining long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about AUTOMATIC DATA PROCESSING INC

Quirks, history, and lore behind ADP — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. technology and services company · mega-cap · listed on Nasdaq · headquartered in New Jersey.
2
The Numbers
Serves roughly one million businesses worldwide and processes payroll for about one in six U.S. workers — that's a lot of direct deposits.
3
The History
Founded in 1949 in Paterson, NJ by a 22-year-old with a $10,000 loan from his employer, it was processing payroll before computers were even office furniture.
4
The Secret
Its float income — interest earned on billions of client funds held in transit — quietly acts as a second revenue engine that swells whenever interest rates rise.
5
The Lore
It's a member of the elite S&P 500 Dividend Aristocrats, having raised its dividend for nearly 50 consecutive years — Wall Street calls that kind of streak a superpower.
6
The Giveaway
Its three-letter ticker is practically a synonym for payday — because if your employer outsources payroll, HR, and benefits, there's a very good chance this company's software cut your last check.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving ADP's Business? Latest 10-K Breakdown

✓ 38/38 datapoints verified

AI-extracted from AUTOMATIC DATA PROCESSING INC's 10-K filed 2026-08-05 — FY2026 (year ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

ADP revenue rose 7% to $21,947.4 million with EBIT margin up 30 bps to 26.1% and diluted EPS up 10% to $10.94, while PEO Services margin fell 110 bps to 13.1%.

Biggest Revenue Drivers

Employer Services$14,831.4M+7% YoY

New business started from new business bookings, strong client revenue retention, increased pricing, and higher client funds interest

PEO Services$7,128.1M+7% YoY

Increase in zero-margin benefits pass-throughs of $318.3 million and 2% growth in average worksite employees

Biggest Revenue Drivers

Total revenue: $21.9B+7% YoY

Employer Services$14,831.4M+7% YoY

New business started from new business bookings, strong client revenue retention, increased pricing, and higher client funds interest

Within Employer Services

Interest on funds held for clients$1,354.8M+$165.7M YoY

Average client funds balances rose 7.4% to $40.4 billion and average interest rate earned rose to 3.4% from 3.2%

PEO Services$7,128.1M+7% YoY

Increase in zero-margin benefits pass-throughs of $318.3 million and 2% growth in average worksite employees

Within PEO Services

PEO zero-margin benefits pass-throughs$4,607.3M+7% YoY

Fees collected from worksite employers for benefits, offset by equal cost in operating expenses

Largest Expense Items

Operating expenses$10,240.6M+6% YoY

$318.3M higher PEO zero-margin pass-through costs, $188.9M higher service and implementation costs, $74.4M higher hosting and software costs

Selling, general and administrative$4,408.2M+9% YoY

Selling and marketing up $241.4M on sales investments, $67.2M company-wide initiatives, and an $18.0M net legal settlement

Research and development$1,028.8M+4% YoY

Increased costs to develop, support and maintain products, including WorkForce Software integration costs

Depreciation and amortization$490.8M+1% YoY

Amortization of internally developed software and WorkForce Software intangibles, offset by lower client contract amortization

Margins: EBIT margin expanded 30 bps to 26.1% on client funds interest, higher corporate interest income and lower client contract amortization, partly offset by selling/marketing and company-wide initiative costs. Employer Services margin rose 60 bps to 36.7% while PEO margin fell 110 bps to 13.1%.

Watch Items from the Filing

PEO Services earnings before income taxes fell 2% and segment margin declined 110 bps to 13.1% on pass-through costs, selling expenses and ADP Indemnity losses.
U.S. pays per control grew only 1% in fiscal 2026, and ES client revenue retention was 92.1% with new business bookings up 6%.
Q4 2026 business alignment charge of $91.1 million, including $89.1 million of severance, plus an $18.0 million net legal settlement.
Client funds obligations of $44,415.5 million against $43,957.8 million of funds held for clients; net unrealized pre-tax losses on available-for-sale securities were $459.2 million.
No single client or group of affiliated clients accounted for more than 2% of fiscal 2026 consolidated revenues.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-K on SEC EDGAR →Share on X

Net Income

Q2 2026

$978.6M

ROIC

Q2 2026

45.8%

D/E Ratio

Q2 2026

0.82

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+6.7% YoY

$21.95BFY 2026

FY23 $18.01BFY24 $19.20BFY25 $20.56BFY26 $21.95B

Net Income

+8.2% YoY

$4.41BFY 2026

FY23 $3.41BFY24 $3.75BFY25 $4.08BFY26 $4.41B

EPS (Diluted)

+9.6% YoY

$10.94FY 2026

FY23 $8.21FY24 $9.10FY25 $9.98FY26 $10.94

Total Assets

+18.4% YoY

$63.19BFY 2026

FY23 $50.97BFY24 $54.36BFY25 $53.37BFY26 $63.19B

Total Debt

+24.9% YoY

$4.97BFY 2026

FY23 $2.99BFY24 $2.99BFY25 $3.98BFY26 $4.97B

Op. Cash Flow

+10.2% YoY

$5.44BFY 2026

FY23 $4.21BFY24 $4.16BFY25 $4.94BFY26 $5.44B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$21.95B +6.7%	$20.56B +7.1%	$19.20B +6.6%	$18.01B +9.2%	$16.50B +9.9%	$15.01B
Net Income	$4.41B +8.2%	$4.08B +8.7%	$3.75B +10.0%	$3.41B +15.7%	$2.95B +13.5%	$2.60B
EPS (Diluted)	$10.94 +9.6%	$9.98 +9.7%	$9.10 +10.8%	$8.21 +17.3%	$7.00 +15.3%	$6.07
Total Assets	$63.19B +18.4%	$53.37B -1.8%	$54.36B +6.7%	$50.97B -19.2%	$63.07B +29.3%	$48.77B
Total Debt	$4.97B +24.9%	$3.98B +32.9%	$2.99B +0.1%	$2.99B +0.1%	$2.99B +0.1%	$2.99B
Operating Cash Flow	$5.44B +10.2%	$4.94B +18.8%	$4.16B -1.2%	$4.21B +35.8%	$3.10B +0.2%	$3.09B

Get alerted when ADP's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for AUTOMATIC DATA PROCESSING INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ADP

BlackRock, Inc.
$8.1B36,156,415 sh
VANGUARD CAPITAL MANAGEMENT LLC
$5.8B26,095,828 sh
STATE STREET CORP
$4.6B20,389,160 sh
Invesco Ltd.
$3.0B13,562,578 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$2.9B12,729,777 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.7B11,955,019 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.4B10,541,337 sh
WELLINGTON MANAGEMENT GROUP LLP
$2.2B10,029,229 sh
MORGAN STANLEY
$1.9B8,361,515 sh
Capital Research Global Investors
$1.9B8,277,905 sh

Fund	Value	Shares
BlackRock, Inc.	$8.1B	36,156,415
VANGUARD CAPITAL MANAGEMENT LLC	$5.8B	26,095,828
STATE STREET CORP	$4.6B	20,389,160
Invesco Ltd.	$3.0B	13,562,578
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$2.9B	12,729,777
GEODE CAPITAL MANAGEMENT, LLC	$2.7B	11,955,019
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.4B	10,541,337
WELLINGTON MANAGEMENT GROUP LLP	$2.2B	10,029,229
MORGAN STANLEY	$1.9B	8,361,515
Capital Research Global Investors	$1.9B	8,277,905

Companies Similar to ADP

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

EMR

EMERSON ELECTRIC CO

AI score

Highly similar · 36 shared holders

STATE FARM MUTUAL AUTOMOBILE INSURANCE CO National Pension Service Clearbridge Investments, LLC

TMO

THERMO FISHER SCIENTIFIC INC.

AI score

Very similar · 24 shared holders

Capital Research Global Investors Clearbridge Investments, LLC Ninety One UK Ltd

TXN

TEXAS INSTRUMENTS INC

AI score

Very similar · 39 shared holders

Capital Research Global Investors STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Fundsmith LLP

PAYX

PAYCHEX INC

AI score

Very similar · 33 shared holders

National Pension Service PFA Pension, Forsikringsaktieselskab WELCH & FORBES LLC

DHR

DANAHER CORP /DE/

AI score

Very similar · 21 shared holders

Capital Research Global Investors National Pension Service AVIVA PLC

AMAT

APPLIED MATERIALS INC /DE

AI score

Very similar · 36 shared holders

Capital Research Global Investors National Pension Service Robeco Institutional Asset Management B.V.

QCOM

QUALCOMM INC/DE

AI score

Very similar · 41 shared holders

National Pension Service Capital Research Global Investors AVIVA PLC

CSCO

CISCO SYSTEMS, INC.

AI score

Very similar · 42 shared holders

Capital Research Global Investors National Pension Service Robeco Institutional Asset Management B.V.

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Technology Companies

View all Technology →

AGILENT TECHNOLOGIES, INC.

AAOI

APPLIED OPTOELECTRONICS, INC.

AAPL

Apple Inc.

ABNB

Airbnb, Inc.

ACCL

Acco Group Holdings Ltd

ACCS

ACCESS Newswire Inc.

ACFN

ACORN ENERGY, INC.

ACIW

ACI WORLDWIDE, INC.

Put ADP on your watchlist

Track score changes the day AUTOMATIC DATA PROCESSING INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is ADP a good stock to buy?

13F Pro's AI-powered analysis of AUTOMATIC DATA PROCESSING INC (ADP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ADP are available on the ADP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ADP is classified as a large company.

Which hedge funds own ADP?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ADP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of AUTOMATIC DATA PROCESSING INC's investment landscape.