Automatic Data Processing Inc (ADP)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,411,500 | 5,302,400 | 5,214,100 | 5,098,200 | 4,942,900 | 4,883,100 | 4,455,000 | 4,168,500 | 4,114,800 | 3,904,500 | 3,994,600 | 3,999,100 | 3,826,600 | 3,689,800 | 3,544,000 | 3,459,600 | 3,324,500 | 3,177,800 | 3,169,000 | 3,170,300 |
| Total assets | US$ in thousands | 53,369,300 | 56,448,600 | 64,096,700 | 49,511,400 | 54,362,700 | 64,181,600 | 57,069,400 | 49,323,600 | 50,971,000 | 59,881,800 | 54,453,000 | 46,364,700 | 63,068,200 | 72,068,100 | 59,102,600 | 59,987,200 | 48,772,500 | 54,407,700 | 49,325,900 | 42,390,100 |
| Operating ROA | 10.14% | 9.39% | 8.13% | 10.30% | 9.09% | 7.61% | 7.81% | 8.45% | 8.07% | 6.52% | 7.34% | 8.63% | 6.07% | 5.12% | 6.00% | 5.77% | 6.82% | 5.84% | 6.42% | 7.48% |
June 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,411,500K ÷ $53,369,300K
= 10.14%
The operating return on assets (ROA) for Automatic Data Processing Inc. has exhibited notable fluctuations over the observed periods, reflecting variations in operational efficiency relative to asset utilization.
From September 30, 2020, to March 31, 2021, the operating ROA declined from 7.48% to 5.84%, indicating a decrease in operational profitability relative to the company's assets during that interval. This downward trend continued through the period ending June 30, 2021, with a slight uptick to 6.82% by June 30, 2021, suggesting some recovery in operational effectiveness.
Subsequently, the operating ROA experienced fluctuations, reaching a low of 5.77% at September 30, 2021, before a modest increase to 6.00% at December 31, 2021. The first quarter of 2022 saw a decline to 5.12%, followed by recovery to 6.07% at June 30, 2022, indicating variability in asset efficiency. The most significant upward movement occurred between September 30, 2022, and June 30, 2023, where the operating ROA increased from 8.63% to 8.07%, eventually reaching a peak of 10.30% on September 30, 2024.
Throughout the latter period, the operating ROA demonstrated an overall upward trend, signaling improved operational performance relative to assets. The data suggests that the company has been able to enhance its efficiency, as evidenced by the increase toward the latest period, with a value of 10.14% reported on June 30, 2025.
In summary, after experiencing periods of decline and volatility in the early phases, Automatic Data Processing Inc. has increasingly improved its operating ROA, reflecting better operational efficiency and asset management in recent periods.
Peer comparison
Jun 30, 2025