Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Automatic Data Processing Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Automatic Data Processing Inc. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Automatic Data Processing Inc. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Automatic Data Processing Inc. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Automatic Data Processing Inc. ROE improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Automatic Data Processing Inc. ROA improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |
Gross Profit Margin
Automatic Data Processing Inc., gross profit margin calculation (quarterly data)
| Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
| Gross profit | 2,000,800) | 1,684,200) | 1,609,700) | 1,531,500) | 1,823,900) | 1,573,300) | 1,436,400) | 1,309,700) | 1,808,700) | 1,575,400) | 1,450,900) | 1,478,100) | 1,735,600) | 1,492,200) | 1,382,700) | 1,366,500) | 1,615,600) | 1,288,700) | 1,212,400) | 1,217,400) | 1,499,800) | 1,219,500) | 1,173,300) | 1,199,600) | 1,435,900) | 1,124,500) | 1,067,500) | ||||||||
| Revenues | 4,513,000) | 4,025,400) | 3,832,300) | 3,737,000) | 4,102,000) | 3,695,700) | 3,470,700) | 3,376,800) | 4,047,800) | 3,669,500) | 3,495,700) | 3,498,700) | 3,847,400) | 3,505,900) | 3,323,200) | 3,318,600) | 3,693,000) | 3,235,400) | 3,078,800) | 3,064,800) | 3,410,800) | 2,987,300) | 2,916,900) | 2,898,200) | 3,248,600) | 2,807,000) | 2,714,000) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Gross profit margin1 | 42.38% | 42.36% | 42.55% | 42.42% | 41.95% | 42.00% | 42.09% | 42.12% | 42.91% | 43.00% | 42.91% | 42.95% | 42.71% | 42.32% | 41.66% | 41.15% | 40.81% | 40.80% | 41.06% | 41.28% | 41.69% | 41.73% | 41.56% | 41.37% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Accenture PLC | 32.26% | 32.30% | 32.35% | 32.38% | 31.99% | 31.66% | 31.81% | 31.53% | 31.36% | 31.28% | 31.08% | 30.81% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 87.76% | 87.87% | 88.04% | 88.18% | 88.17% | 87.87% | 87.45% | 86.62% | 85.96% | 85.60% | 85.19% | 85.03% | 85.16% | 85.55% | 86.04% | 86.77% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 90.61% | 90.78% | 91.06% | 91.11% | 90.97% | 90.81% | 90.54% | 90.08% | 89.76% | 89.37% | 89.01% | 88.87% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 89.87% | 89.74% | 89.83% | 89.73% | 89.55% | 89.05% | 88.75% | 88.61% | 87.90% | 88.34% | 88.63% | 88.60% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | 73.76% | 73.88% | 73.86% | 73.75% | 72.92% | 72.17% | 71.73% | 70.58% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 53.78% | 54.01% | 54.48% | 54.90% | 53.27% | 51.79% | 50.09% | 48.32% | 48.18% | 47.76% | 47.52% | 47.30% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 82.36% | 82.11% | 82.13% | 82.53% | 82.67% | 82.23% | 82.85% | 82.05% | 80.50% | 82.25% | 82.55% | 82.80% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 68.73% | 68.83% | 68.86% | 68.93% | 68.38% | 68.35% | 68.27% | 67.78% | 68.17% | 67.71% | 66.56% | 65.90% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 79.44% | 79.96% | 80.22% | 80.59% | 80.59% | 80.33% | 79.96% | 79.68% | 79.80% | 79.67% | 79.77% | 79.76% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | 69.34% | 69.63% | 69.77% | 70.05% | 69.74% | 70.02% | 70.42% | 70.68% | 71.61% | 72.02% | 72.06% | 72.12% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 74.02% | 74.34% | 74.32% | 74.41% | 74.47% | 74.62% | 74.90% | 75.23% | 75.01% | 74.77% | 74.32% | 74.02% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 77.85% | 77.53% | 77.26% | 77.05% | 77.27% | 77.59% | 78.01% | 78.16% | 78.22% | 78.04% | 77.57% | 76.98% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 79.48% | 80.05% | 79.78% | 79.50% | 79.11% | 78.93% | 78.81% | 78.44% | 78.56% | 78.04% | 77.69% | 77.60% | 76.98% | 76.50% | 76.43% | 76.42% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
1 Q3 2022 Calculation
Gross profit margin = 100
× (Gross profitQ3 2022
+ Gross profitQ2 2022
+ Gross profitQ1 2022
+ Gross profitQ4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (2,000,800 + 1,684,200 + 1,609,700 + 1,531,500)
÷ (4,513,000 + 4,025,400 + 3,832,300 + 3,737,000)
= 42.38%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Automatic Data Processing Inc. gross profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then slightly improved from Q2 2022 to Q3 2022. |
Operating Profit Margin
Automatic Data Processing Inc., operating profit margin calculation (quarterly data)
| Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
| Operating income | 1,183,300) | 901,900) | 890,500) | 690,800) | 1,060,900) | 817,500) | 755,400) | 544,100) | 1,052,100) | 821,100) | 724,400) | 623,400) | 985,200) | 747,000) | 668,800) | 529,700) | 860,500) | 571,500) | 550,000) | 387,700) | 834,800) | 578,700) | 525,600) | 429,500) | 801,500) | 497,300) | 462,200) | ||||||||
| Revenues | 4,513,000) | 4,025,400) | 3,832,300) | 3,737,000) | 4,102,000) | 3,695,700) | 3,470,700) | 3,376,800) | 4,047,800) | 3,669,500) | 3,495,700) | 3,498,700) | 3,847,400) | 3,505,900) | 3,323,200) | 3,318,600) | 3,693,000) | 3,235,400) | 3,078,800) | 3,064,800) | 3,410,800) | 2,987,300) | 2,916,900) | 2,898,200) | 3,248,600) | 2,807,000) | 2,714,000) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Operating profit margin1 | 22.76% | 22.58% | 22.51% | 22.16% | 21.70% | 21.72% | 21.78% | 21.53% | 21.89% | 21.74% | 21.47% | 21.34% | 20.94% | 20.27% | 19.38% | 18.85% | 18.13% | 18.33% | 18.75% | 18.80% | 19.39% | 19.38% | 18.99% | 18.77% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Accenture PLC | 15.20% | 15.12% | 15.19% | 15.08% | 15.03% | 14.89% | 14.84% | 14.69% | 14.68% | 14.66% | 14.65% | 14.59% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 35.45% | 36.25% | 36.72% | 36.76% | 36.53% | 35.75% | 34.75% | 32.93% | 32.10% | 31.36% | 30.10% | 29.25% | 28.36% | 28.55% | 29.65% | 31.45% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 15.65% | 15.70% | 16.24% | 16.60% | 15.85% | 14.72% | 13.11% | 10.48% | 8.02% | 5.24% | 2.01% | -0.97% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 30.81% | 30.20% | 28.35% | 26.07% | 25.83% | 25.72% | 25.35% | 24.06% | 22.58% | 21.39% | 21.15% | 21.05% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -10.49% | -10.43% | -10.14% | -10.58% | -14.16% | -18.68% | -25.36% | -30.34% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 12.92% | 12.77% | 12.30% | 11.97% | 9.12% | 10.13% | 10.39% | 9.22% | 12.21% | 11.50% | 11.73% | 13.67% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 23.68% | 22.49% | 24.10% | 25.95% | 29.04% | 26.95% | 30.30% | 28.34% | 22.46% | 26.81% | 27.03% | 27.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 42.56% | 42.52% | 42.14% | 41.59% | 40.15% | 39.24% | 38.17% | 37.03% | 37.46% | 36.74% | 35.20% | 34.14% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 26.22% | 26.62% | 37.78% | 37.58% | 37.74% | 37.13% | 36.29% | 35.57% | 34.82% | 34.65% | 34.49% | 34.26% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | -5.12% | -6.74% | -7.51% | -7.15% | -6.56% | -5.49% | -4.79% | -5.25% | -5.24% | -4.27% | -2.45% | -1.87% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 3.67% | 4.69% | 4.25% | 2.14% | 1.11% | 0.35% | -0.29% | 1.74% | 2.97% | 3.37% | 3.95% | 4.03% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 3.40% | 3.30% | 3.95% | 4.36% | 4.34% | 4.55% | 5.10% | 4.40% | 4.96% | 4.97% | 2.88% | 1.22% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 22.93% | 23.18% | 20.72% | 17.48% | 18.17% | 18.81% | 17.82% | 16.83% | 15.77% | 13.85% | 13.64% | 15.48% | 13.68% | 12.02% | 12.61% | 11.54% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
1 Q3 2022 Calculation
Operating profit margin = 100
× (Operating incomeQ3 2022
+ Operating incomeQ2 2022
+ Operating incomeQ1 2022
+ Operating incomeQ4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (1,183,300 + 901,900 + 890,500 + 690,800)
÷ (4,513,000 + 4,025,400 + 3,832,300 + 3,737,000)
= 22.76%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Automatic Data Processing Inc. operating profit margin ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
Net Profit Margin
Automatic Data Processing Inc., net profit margin calculation (quarterly data)
| Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
| Net earnings | 928,500) | 694,400) | 700,500) | 538,200) | 810,700) | 647,500) | 602,100) | 411,600) | 820,900) | 651,600) | 582,400) | 475,500) | 753,700) | 558,200) | 505,400) | 108,700) | 643,100) | 467,500) | 401,500) | 265,900) | 587,900) | 510,900) | 368,700) | 282,000) | 532,500) | 341,400) | 336,600) | ||||||||
| Revenues | 4,513,000) | 4,025,400) | 3,832,300) | 3,737,000) | 4,102,000) | 3,695,700) | 3,470,700) | 3,376,800) | 4,047,800) | 3,669,500) | 3,495,700) | 3,498,700) | 3,847,400) | 3,505,900) | 3,323,200) | 3,318,600) | 3,693,000) | 3,235,400) | 3,078,800) | 3,064,800) | 3,410,800) | 2,987,300) | 2,916,900) | 2,898,200) | 3,248,600) | 2,807,000) | 2,714,000) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| Net profit margin1 | 17.77% | 17.48% | 17.55% | 17.32% | 16.88% | 17.01% | 17.07% | 16.91% | 17.20% | 16.97% | 16.52% | 16.17% | 13.76% | 13.12% | 12.71% | 12.16% | 13.60% | 13.47% | 14.08% | 14.00% | 14.32% | 14.06% | 12.84% | 12.79% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||||
| Accenture PLC | 11.12% | 11.27% | 11.53% | 11.69% | 12.05% | 11.95% | 11.74% | 11.52% | 11.11% | 11.13% | 11.06% | 11.06% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 28.00% | 29.29% | 29.90% | 30.55% | 38.67% | 38.79% | 40.68% | 40.88% | 31.05% | 30.71% | 27.72% | 26.42% | 26.10% | 26.25% | 28.08% | 28.69% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 31.31% | 32.54% | 33.32% | 31.88% | 11.74% | 10.26% | 8.91% | 6.55% | 4.74% | 1.95% | -0.82% | -3.14% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 22.86% | 23.61% | 23.59% | 23.29% | 23.30% | 23.47% | 23.34% | 22.02% | 42.68% | 41.73% | 41.74% | 42.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -16.48% | -16.34% | -15.86% | -10.59% | -13.40% | -17.27% | -23.97% | -29.45% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 2.08% | 9.36% | 9.46% | 10.01% | 7.81% | 8.16% | 7.76% | 7.59% | 10.53% | 10.43% | 11.78% | 12.22% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 19.44% | 19.03% | 20.28% | 21.41% | 23.93% | 22.64% | 25.10% | 23.78% | 19.50% | 22.88% | 22.79% | 22.95% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 37.63% | 38.50% | 38.51% | 36.45% | 35.02% | 33.47% | 32.29% | 30.96% | 33.36% | 33.02% | 31.66% | 31.18% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 18.08% | 24.79% | 34.16% | 33.96% | 32.32% | 26.34% | 26.13% | 25.94% | 27.06% | 27.62% | 27.71% | 28.05% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | -7.54% | -9.50% | -11.20% | -11.72% | -11.00% | -9.73% | -8.36% | -7.83% | -7.01% | -5.58% | -3.42% | -2.82% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 6.96% | 9.99% | 19.87% | 19.16% | 17.53% | 12.21% | -0.92% | 0.74% | 4.64% | 6.45% | 8.26% | 8.36% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 2.90% | 2.79% | 3.56% | 3.90% | 3.99% | 3.30% | 3.15% | 2.62% | 16.60% | 18.42% | 18.20% | 18.11% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 20.86% | 21.19% | 20.18% | 18.02% | 18.48% | 20.27% | 18.91% | 18.03% | 17.88% | 13.96% | 14.31% | 15.84% | 18.94% | 18.74% | 18.59% | 13.86% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
1 Q3 2022 Calculation
Net profit margin = 100
× (Net earningsQ3 2022
+ Net earningsQ2 2022
+ Net earningsQ1 2022
+ Net earningsQ4 2021)
÷ (RevenuesQ3 2022
+ RevenuesQ2 2022
+ RevenuesQ1 2022
+ RevenuesQ4 2021)
= 100 × (928,500 + 694,400 + 700,500 + 538,200)
÷ (4,513,000 + 4,025,400 + 3,832,300 + 3,737,000)
= 17.77%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Automatic Data Processing Inc. net profit margin ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
Return on Equity (ROE)
Automatic Data Processing Inc., ROE calculation (quarterly data)
| Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
| Net earnings | 928,500) | 694,400) | 700,500) | 538,200) | 810,700) | 647,500) | 602,100) | 411,600) | 820,900) | 651,600) | 582,400) | 475,500) | 753,700) | 558,200) | 505,400) | 108,700) | 643,100) | 467,500) | 401,500) | 265,900) | 587,900) | 510,900) | 368,700) | 282,000) | 532,500) | 341,400) | 336,600) | ||||||||
| Stockholders’ equity | 4,192,900) | 5,049,600) | 5,350,700) | 5,670,100) | 5,673,900) | 5,900,000) | 5,808,900) | 5,752,200) | 5,490,700) | 5,364,400) | 5,360,700) | 5,399,900) | 5,246,200) | 4,763,900) | 4,678,800) | 3,459,600) | 4,029,200) | 3,931,200) | 3,953,400) | 3,977,000) | 4,103,100) | 3,815,100) | 4,250,100) | 4,481,600) | 4,503,200) | 4,206,200) | 4,630,200) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROE1 | 68.25% | 54.34% | 50.40% | 45.83% | 43.57% | 42.07% | 42.80% | 42.88% | 46.09% | 45.92% | 44.21% | 42.46% | 36.71% | 38.11% | 36.86% | 46.85% | 44.13% | 43.82% | 44.68% | 43.59% | 42.64% | 44.41% | 35.87% | 33.30% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||||
| Accenture PLC | 30.99% | 31.09% | 30.45% | 30.25% | 29.87% | 29.81% | 29.33% | 30.05% | 30.91% | 32.13% | 32.05% | 33.17% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 33.49% | 34.96% | 35.04% | 32.59% | 40.51% | 40.30% | 41.09% | 39.66% | 32.97% | 34.00% | 30.89% | 28.03% | 27.12% | 26.70% | 27.17% | 27.67% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 103.07% | 99.01% | 114.97% | 125.14% | 618.61% | 539.67% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 28.99% | 29.53% | 26.96% | 25.39% | 26.34% | 26.96% | 25.72% | 23.69% | 44.94% | 45.04% | 45.99% | 47.03% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -22.34% | -20.56% | -18.66% | -10.64% | -12.54% | -14.29% | -17.95% | -19.10% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 6.29% | 28.79% | 28.98% | 30.38% | 21.44% | 24.31% | 25.11% | 27.14% | 37.27% | 38.33% | 45.08% | 45.25% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 14.75% | 13.93% | 21.49% | 20.89% | 21.37% | 19.70% | 37.50% | 35.76% | 28.21% | 43.76% | 43.49% | 41.53% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 44.47% | 44.49% | 44.67% | 43.15% | 41.65% | 39.40% | 38.49% | 37.43% | 40.41% | 40.25% | 38.75% | 38.35% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | — | — | — | 262.43% | 144.16% | 131.11% | 107.99% | 83.94% | 75.58% | 70.25% | 59.43% | 50.87% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | -115.40% | -391.77% | -98.34% | -78.63% | -43.97% | -35.50% | -40.11% | -24.23% | -30.74% | -10.84% | -6.81% | -5.16% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 3.05% | 4.24% | 10.44% | 9.81% | 8.82% | 6.16% | -0.48% | 0.37% | 2.21% | 5.53% | 7.04% | 7.11% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 4.44% | 4.39% | 5.58% | 6.22% | 6.24% | 5.21% | 5.01% | 4.18% | 26.20% | 29.38% | 29.85% | 29.45% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 18.42% | 18.13% | 16.87% | 14.31% | 14.63% | 15.88% | 14.80% | 13.54% | 13.66% | 11.10% | 11.64% | 13.04% | 15.91% | 15.49% | 15.61% | 12.43% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
1 Q3 2022 Calculation
ROE = 100
× (Net earningsQ3 2022
+ Net earningsQ2 2022
+ Net earningsQ1 2022
+ Net earningsQ4 2021)
÷ Stockholders’ equity
= 100 × (928,500 + 694,400 + 700,500 + 538,200)
÷ 4,192,900 = 68.25%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Automatic Data Processing Inc. ROE improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022. |
Return on Assets (ROA)
Automatic Data Processing Inc., ROA calculation (quarterly data)
| Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||||
| Net earnings | 928,500) | 694,400) | 700,500) | 538,200) | 810,700) | 647,500) | 602,100) | 411,600) | 820,900) | 651,600) | 582,400) | 475,500) | 753,700) | 558,200) | 505,400) | 108,700) | 643,100) | 467,500) | 401,500) | 265,900) | 587,900) | 510,900) | 368,700) | 282,000) | 532,500) | 341,400) | 336,600) | ||||||||
| Total assets | 72,068,100) | 59,102,600) | 59,987,200) | 48,772,500) | 54,407,700) | 49,325,900) | 42,390,100) | 39,165,500) | 43,383,400) | 49,059,400) | 37,714,700) | 41,887,700) | 48,196,300) | 38,806,300) | 37,416,700) | 37,088,700) | 44,065,500) | 44,545,500) | 35,661,100) | 37,180,000) | 43,855,900) | 39,999,400) | 34,337,400) | 43,670,000) | 51,125,600) | 39,899,500) | 34,380,300) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||||
| ROA1 | 3.97% | 4.64% | 4.50% | 5.33% | 4.54% | 5.03% | 5.87% | 6.30% | 5.83% | 5.02% | 6.28% | 5.47% | 4.00% | 4.68% | 4.61% | 4.37% | 4.03% | 3.87% | 4.95% | 4.66% | 3.99% | 4.24% | 4.44% | 3.42% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||||
| Accenture PLC | 14.38% | 14.42% | 14.19% | 13.68% | 13.72% | 13.65% | 13.72% | 13.78% | 14.12% | 14.84% | 14.66% | 16.04% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Adobe Inc. | 18.00% | 18.57% | 18.58% | 17.70% | 22.33% | 21.82% | 22.28% | 21.66% | 17.23% | 17.13% | 15.24% | 14.22% | 13.85% | 13.48% | 13.75% | 13.80% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Autodesk Inc. | 15.46% | 17.72% | 17.78% | 16.60% | 7.21% | 6.32% | 5.51% | 3.47% | 2.93% | 1.17% | -0.47% | -1.71% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Cadence Design Systems Inc. | 15.80% | 17.77% | 16.93% | 15.87% | 16.45% | 16.46% | 16.35% | 14.95% | 26.00% | 25.41% | 26.34% | 29.46% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| CrowdStrike Holdings Inc. | -6.42% | -5.93% | -5.50% | -3.39% | -5.83% | -6.99% | -8.89% | -10.09% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| International Business Machines Corp. | 1.00% | 4.38% | 4.14% | 4.35% | 3.30% | 3.63% | 3.61% | 3.58% | 5.13% | 5.11% | 5.88% | 6.20% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 8.77% | 8.26% | 14.07% | 13.29% | 13.50% | 11.97% | 20.26% | 16.70% | 17.22% | 24.34% | 25.55% | 24.78% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Microsoft Corp. | 21.03% | 20.91% | 20.24% | 18.36% | 18.13% | 16.87% | 15.78% | 14.70% | 16.21% | 15.67% | 14.73% | 13.69% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Oracle Corp. | 6.96% | 9.60% | 11.35% | 10.48% | 10.86% | 9.44% | 9.03% | 8.78% | 11.13% | 11.11% | 10.31% | 10.20% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Palo Alto Networks Inc. | -3.51% | -4.44% | -4.89% | -4.87% | -4.59% | -3.88% | -3.43% | -2.95% | -3.52% | -2.43% | -1.51% | -1.24% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Salesforce Inc. | 1.99% | 2.65% | 6.85% | 6.14% | 6.01% | 4.10% | -0.31% | 0.23% | 1.47% | 2.85% | 3.49% | 3.61% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | 1.81% | 1.66% | 2.03% | 2.13% | 2.33% | 1.86% | 1.73% | 1.36% | 9.09% | 11.17% | 10.92% | 10.41% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | 11.07% | 10.95% | 10.21% | 8.66% | 8.88% | 9.69% | 9.02% | 8.27% | 8.19% | 6.48% | 6.70% | 8.31% | 10.17% | 9.77% | 9.30% | 7.04% | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30).
1 Q3 2022 Calculation
ROA = 100
× (Net earningsQ3 2022
+ Net earningsQ2 2022
+ Net earningsQ1 2022
+ Net earningsQ4 2021)
÷ Total assets
= 100 × (928,500 + 694,400 + 700,500 + 538,200)
÷ 72,068,100 = 3.97%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Automatic Data Processing Inc. ROA improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022. |