Automatic Data Processing Inc (ADP)

Net profit margin

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Net income (ttm)	US$ in thousands	4,079,600	3,998,300	3,933,700	3,848,900	3,752,000	3,699,400	3,557,600	3,492,300	3,411,900	3,260,600	3,146,000	3,027,300	2,948,800	2,861,600	2,743,800	2,696,900	2,598,500	2,471,800	2,482,000	2,486,100
Revenue (ttm)	US$ in thousands	20,560,900	20,202,600	19,903,400	19,523,000	19,202,700	18,912,000	18,586,000	18,309,000	18,012,200	17,662,000	17,247,200	16,881,600	16,498,300	16,107,600	15,696,600	15,366,900	15,005,300	14,645,200	14,591,000	14,564,800
Net profit margin		19.84%	19.79%	19.76%	19.71%	19.54%	19.56%	19.14%	19.07%	18.94%	18.46%	18.24%	17.93%	17.87%	17.77%	17.48%	17.55%	17.32%	16.88%	17.01%	17.07%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,079,600K ÷ $20,560,900K
= 19.84%

Automatic Data Processing Inc's net profit margin has demonstrated a consistent upward trend over the analyzed period from September 30, 2020, through June 30, 2025. Starting at 17.07% in September 2020, the margin experienced minor fluctuations but generally maintained a steady growth trajectory. By September 2023, the net profit margin increased to approximately 19.07%, and it continued to advance through December 2023 (19.14%) and into 2024, reaching 19.56% in March 2024. The margin sustained its upward momentum into 2025, culminating at 19.84% in June 2025.

This progression indicates an improvement in the company's profitability relative to its revenues over this period. The steady increase suggests effective management of costs, operational efficiencies, or an advantageous revenue mix contributing to higher net income margins. Overall, the data reflect a positive trend in the company's profitability profile, underscoring its ability to translate revenue into profit more effectively over time.