Automatic Data Processing Inc (ADP)

Debt-to-equity ratio

		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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	6,188,000	5,855,300	5,078,100	5,348,600	4,547,600	4,626,700	4,319,600	3,472,800	3,509,100	3,693,800	2,986,700	2,576,500	3,225,300	4,192,900	5,049,600	5,350,700	5,670,100	5,673,900	5,900,000	5,808,900
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,188,000K
= 0.00

The debt-to-equity ratio of Automatic Data Processing Inc. consistently reflects a value of zero across the listed reporting periods, spanning from September 30, 2020, through June 30, 2025. This indicates that the company has not reported any debt in relation to its equity during this entire timeframe. The persistent zero ratio suggests that the company operates solely with an equity-financed capital structure without leveraging debt obligations. Such a profile points toward a conservative financial approach, emphasizing the use of internal funds and retained earnings for operational and capital needs rather than external borrowing. This financial stance likely contributes to a robust equity position with minimal or no debt-related liabilities, enhancing the company's financial stability and reducing leverage risk.