AUTOMATIC DATA PROCESSING INC (ADP)

Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions in cloud-based human capital management. It operates through the following business segments: Employer Services, Professional Employer Organization Services, and Other. The Employer Services segment provides clients from single-employee small businesses to large enterprises offering human resources outsourcing and technology-based human capital management solutions and cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resource outsourcing solution through a co-employment mode. The Other segment includes the certain corporate overhead charges and expenses that have not been allocated to the reportable segments. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.

Address

ONE ADP BOULVARD
ROSELAND, NJ 07068

Founded

1949

Number of Employees

64,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$801,567 $1,473,923 $1,178,905 $952,888 $1,179,117 $1,004,488 $903,885 $1,959,107 $1,537,753 $1,167,788 $730,791 $1,171,838
Average Price $82.07 $83.95 $87.39 $104.58 $129.45 $157.82 $150.87 $198.24 $220.98 $228.80 $245.84 $133.84
# Shares Purchased 9,767,369 17,557,539 13,490,517 9,111,742 9,108,803 6,364,787 5,991,063 9,882,254 6,958,760 5,103,982 2,972,587 8,755,400
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 237.5% 230.0% 217.0% 164.9% 114.0% 75.5% 83.6% 39.7% 25.4% 21.1% 12.7% 107.0%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 55.7% 57.0% 48.4% 35.2% 9.1% -17.6% 8.8% 8.1% -11.9% -10.3% 5.3% 13.0%
Quartile Rank
Percentile Rank 80% 79% 79% 80% 76% 69% 68% 74% 67% 62% 67% 85%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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