Buyback yield (TTM)
2.19%
Shareholder yield (TTM)
5.35%
5Y share count change
-5.5%
Buyback spend (TTM)
$1.79B
Cumulative buybacks
$28.29B
Key takeaways
- Automatic Data Processing (ADP) repurchased about $1.79B of stock over the trailing twelve months.
- Diluted share count is down 5.5% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 9.77× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +4.9% per year over the latest 5-year window.
- TTM repurchases used about 69% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Automatic Data Processing (ADP)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Automatic Data Processing (ADP)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Automatic Data Processing (ADP)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Automatic Data Processing (ADP)
Latest: $1.28B
Overview
Automatic Data Processing (ADP) most recent annual buyback spend stands at $1.28B (2025) – edged up 4.0% year-over-year.
Across 2020–2025 (5 years), Automatic Data Processing buyback spend produced a CAGR of +4.9% – sustaining 2 straight years of year-over-year growth.
Automatic Data Processing buyback spend peaked at $1.97B in 2022; the latest annual figure is $1.28B in 2025 (35.0% below peak).
The record annual buyback spend stands at $1.97B, reached in 2022; the historical low of $12.30M was recorded in 1992.
Automatic Data Processing Buyback Spend 2025: $1.28B
2025's buyback spend for Automatic Data Processing came in at $1.28B, edged up 4.0% from 2024.
Automatic Data Processing Buyback Spend 2024: $1.23B
Automatic Data Processing posted buyback spend of $1.23B in 2024, grew 9.8% from 2023.
Automatic Data Processing Buyback Spend 2023: $1.12B
In 2023, Automatic Data Processing reported buyback spend of $1.12B, plunged 43.1% below 2022.
Automatic Data Processing Buyback Spend 2022: $1.97B
Automatic Data Processing buyback spend in 2022 was $1.97B, surged 43.5% from 2021. This figure represents the highest annual value in the available history.
Automatic Data Processing Buyback Spend 2021: $1.37B
Automatic Data Processing buyback spend in 2021 was $1.37B.
See more financial history for Automatic Data Processing (ADP).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.28B | $266.10M | $1.01B | 1.02% | 0.41B | -0.8% | |
| 2024 | $1.23B | $243.50M | $988.20M | 1.28% | 0.41B | -0.8% | |
| 2023 | $1.12B | $220.40M | $901.00M | 1.24% | 0.42B | -1.3% | |
| 2022 | $1.97B | $201.70M | $1.77B | 2.25% | 0.42B | -1.6% | |
| 2021 | $1.37B | $175.30M | $1.20B | 1.63% | 0.43B | -1.1% | |
| 2020 | $1.01B | $130.80M | $875.50M | 1.58% | 0.43B | -1.1% | |
| 2019 | $937.70M | $167.30M | $770.40M | 1.30% | 0.44B | -1.3% | |
| 2018 | $989.30M | $175.40M | $813.90M | 1.68% | 0.44B | -1.6% | |
| 2017 | $1.26B | $138.90M | $1.12B | 2.77% | 0.45B | -1.9% | |
| 2016 | $1.16B | $137.60M | $1.02B | 2.77% | 0.46B | -3.5% | |
| 2015 | $1.56B | $143.20M | $1.41B | 4.17% | 0.48B | -1.5% | |
| 2014 | $667.30M | $138.40M | $528.90M | 2.01% | 0.48B | -0.8% | |
| 2013 | $647.30M | $96.40M | $550.90M | 2.20% | 0.49B | -1.0% | |
| 2012 | $741.30M | $78.70M | $662.60M | 3.12% | 0.49B | -1.2% | |
| 2011 | $732.80M | $76.30M | $656.50M | 3.25% | 0.50B | -1.1% | |
| 2010 | $766.40M | $67.60M | $698.80M | 4.42% | 0.50B | -0.4% | |
| 2009 | $580.40M | $96.00M | $484.40M | 3.72% | 0.51B | -4.1% | |
| 2008 | $1.50B | $0.00 | $1.50B | 8.07% | 0.53B | -5.5% | |
| 2007 | $1.90B | $0.00 | $1.90B | 8.44% | 0.56B | -3.9% | |
| 2006 | $1.30B | $0.00 | $1.30B | 6.56% | 0.58B | -1.6% | |
| 2005 | $584.40M | $0.00 | $584.40M | 3.06% | 0.59B | -1.5% | |
| 2004 | $629.93M | $0.00 | $629.93M | 3.27% | 0.60B | -1.2% | |
| 2003 | $938.54M | $0.00 | $938.54M | 5.91% | 0.61B | -3.9% | |
| 2002 | $875.45M | $0.00 | $875.45M | 4.38% | 0.63B | -2.4% | |
| 2001 | $935.06M | $0.00 | $935.06M | 3.87% | 0.65B | -0.0% | |
| 2000 | $201.01M | $0.00 | $201.01M | — | 0.65B | +1.4% | |
| 1999 | $85.40M | $0.00 | $85.40M | — | 0.64B | +1.4% | |
| 1998 | $40.90M | $0.00 | $40.90M | — | 0.63B | +3.6% | |
| 1997 | $127.70M | $0.00 | $127.70M | — | 0.61B | +2.6% | |
| 1996 | $245.20M | $0.00 | $245.20M | — | 0.59B | — | |
| 1995 | $13.10M | $0.00 | $13.10M | — | — | — | |
| 1994 | $129.40M | $0.00 | $129.40M | — | — | — | |
| 1993 | $82.50M | $0.00 | $82.50M | — | — | — | |
| 1992 | $12.30M | $0.00 | $12.30M | — | — | — | |
| 1991 | $294.60M | $0.00 | $294.60M | — | — | — | |
| 1990 | $166.40M | $0.00 | $166.40M | — | — | — | |
| 1989 | $206.60M | $0.00 | $206.60M | — | — | — |
- 2025$1.28B
- 2024$1.23B
- 2023$1.12B
- 2022$1.97B
- 2021$1.37B
- 2020$1.01B
- 2019$937.70M
- 2018$989.30M
- 2017$1.26B
- 2016$1.16B
- 2015$1.56B
- 2014$667.30M
- 2013$647.30M
- 2012$741.30M
- 2011$732.80M
- 2010$766.40M
- 2009$580.40M
- 2008$1.50B
- 2007$1.90B
- 2006$1.30B
- 2005$584.40M
- 2004$629.93M
- 2003$938.54M
- 2002$875.45M
- 2001$935.06M
- 2000$201.01M
- 1999$85.40M
- 1998$40.90M
- 1997$127.70M
- 1996$245.20M
- 1995$13.10M
- 1994$129.40M
- 1993$82.50M
- 1992$12.30M
- 1991$294.60M
- 1990$166.40M
- 1989$206.60M
Buybacks vs stock-based compensation for Automatic Data Processing (ADP)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.77×.
Buybacks vs dividends (share of cash returned) for Automatic Data Processing (ADP)
How Automatic Data Processing splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Automatic Data Processing, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.58B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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