Question 1

What is Automatic Data Processing's P/S ratio?

Accepted Answer

Automatic Data Processing (ADP) P/S ratio is 4.3× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Automatic Data Processing?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Automatic Data Processing specifically, the relevant sector benchmark is the current sector median of 3.1×.

Question 5

Is Automatic Data Processing's P/S ratio high or low?

Accepted Answer

Automatic Data Processing's P/S ratio of 4.3× is below its own 5-year average of 5.5× and above the sector median of 3.1×. That places the current reading at the 6th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Automatic Data Processing's historical P/S ratio range?

Accepted Answer

In the available daily series, Automatic Data Processing (ADP) P/S ratio has ranged from a low of 1.7× in 2009 to a high of 6.8× in 2021. The 5-year average is 5.5× and the 5-year median is 5.5×.

Question 7

What was Automatic Data Processing's P/S ratio in 2025?

Accepted Answer

Automatic Data Processing (ADP) P/S ratio at the end of 2025 was 6.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Automatic Data Processing's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$125.21B	$20.56B	6.1×	+1.1×	Jun 30, 2025
2024	$96.37B	$19.20B	5.0×	-0.0×	Jun 30, 2024
2023	$90.64B	$18.01B	5.0×	-0.3×	Jun 30, 2023
2022	$87.36B	$16.50B	5.3×	-0.3×	Jun 30, 2022
2021	$84.12B	$15.01B	5.6×	+1.2×	Jun 30, 2021
2020	$63.89B	$14.59B	4.4×	-0.7×	Jun 30, 2020
2019	$72.13B	$14.13B	5.1×	+0.7×	Jun 30, 2019
2018	$58.75B	$13.33B	4.4×	+0.7×	Jun 30, 2018
2017	$45.52B	$12.38B	3.7×	-0.0×	Jun 30, 2017
2016	$41.65B	$11.29B	3.7×	+0.2×	Jun 30, 2016
2015	$37.31B	$10.58B	3.5×	+0.7×	Jun 30, 2015
2014	$33.28B	$11.84B	2.8×	+0.1×	Jun 30, 2014
2013	$29.40B	$10.89B	2.7×	+0.4×	Jun 30, 2013
2012	$23.73B	$10.17B	2.3×	+0.0×	Jun 30, 2012
2011	$22.55B	$9.74B	2.3×	+0.4×	Jun 30, 2011
2010	$17.36B	$8.94B	1.9×	+0.2×	Jun 30, 2010
2009	$15.59B	$8.87B	1.8×	-0.4×	Jun 30, 2009
2008	$18.66B	$8.78B	2.1×	-0.5×	Jun 30, 2008
2007	$22.51B	$8.67B	2.6×	+0.4×	Jun 30, 2007
2006	$19.81B	$9.11B	2.2×	-0.1×	Jun 30, 2006
2005	$19.09B	$8.50B	2.2×	-0.2×	Jun 30, 2005
2004	$19.26B	$7.75B	2.5×	+0.3×	Jun 30, 2004
2003	$15.87B	$7.15B	2.2×	-0.6×	Jun 30, 2003
2002	$19.99B	$7.00B	2.9×	—	Jun 30, 2002


Boeing (BA)	1.8×
General Dynamics (GD)	1.8×
Expeditors International (EXPD)	1.7×
Gartner (IT)	1.7×
J.B. Hunt Transport Services (JBHT)	1.7×
Pool (POOL)	1.4×
C.H. Robinson Worldwide (CHRW)	1.2×
Alamo Group (ALG)	1.2×
Huntington Ingalls Industries (HII)	1.2×
Jacobs Solutions (J)	1.1×
Textron (TXT)	1.0×
Tennant (TNC)	1.0×
United Parcel Service (UPS)	0.9×
FedEx (FDX)	0.8×
AGCO (AGCO)	0.8×
Versant Media Group, Inc. Class A (VSNT)	0.8×
Stanley Black & Decker (SWK)	0.7×
Matthews International (MATW)	0.7×
Delta Air Lines (DAL)	0.7×
Southwest Airlines (LUV)	0.6×
Builders FirstSource (BLDR)	0.6×
United Airlines Holdings (UAL)	0.5×
Amentum Holdings (AMTM)	0.5×
Alaska Air Group (ALK)	0.3×
ABM Industries (ABM)	0.3×

P/S Ratio for Automatic Data Processing (ADP)

P/S Ratio daily chart for Automatic Data Processing (ADP)

Historical P/S Ratio for Automatic Data Processing (ADP) from 2002 to 2025

About P/S Ratio at Automatic Data Processing (ADP)

Automatic Data Processing P/S Ratio by Year

Automatic Data Processing P/S Ratio 2025: 6.1×

Automatic Data Processing P/S Ratio 2024: 5.0×

Automatic Data Processing P/S Ratio 2023: 5.0×

Automatic Data Processing P/S Ratio 2022: 5.3×

Automatic Data Processing P/S Ratio 2021: 5.6×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Automatic Data Processing (ADP) Key Financials

P/S Ratio daily chart for Automatic Data Processing (ADP)

Historical P/S Ratio for Automatic Data Processing (ADP) from 2002 to 2025

About P/S Ratio at Automatic Data Processing (ADP)

Automatic Data Processing P/S Ratio by Year

Automatic Data Processing P/S Ratio 2025: 6.1×

Automatic Data Processing P/S Ratio 2024: 5.0×

Automatic Data Processing P/S Ratio 2023: 5.0×

Automatic Data Processing P/S Ratio 2022: 5.3×

Automatic Data Processing P/S Ratio 2021: 5.6×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Automatic Data Processing's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Automatic Data Processing?

+Is Automatic Data Processing's P/S ratio high or low?

+What is Automatic Data Processing's historical P/S ratio range?

+What was Automatic Data Processing's P/S ratio in 2025?

+Why does Automatic Data Processing's P/S ratio change over time?

Automatic Data Processing (ADP) Key Financials