Automatic Data Processing, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.41B | $4.08B | $3.75B | $3.41B | $2.95B | $2.60B | $2.47B | $2.29B |
| Depreciation & Amortization | $585.9M | $582.4M | $561.9M | $549.3M | $515.1M | $510.7M | $480.0M | $409.0M |
| Depreciation | $201.1M | $201.8M | $190.3M | $176.5M | $171.0M | $183.3M | $192.8M | $180.6M |
| Amortization | $384.8M | $380.6M | $371.6M | $372.8M | $344.1M | $327.4M | $287.2M | $228.4M |
| Stock-Based Compensation | $242.6M | $266.1M | $243.5M | $220.4M | $201.7M | $175.3M | $130.8M | $167.3M |
| Net Cash from Operating Activities | $5.44B | $4.94B | $4.16B | $4.21B | $3.10B | $3.09B | $3.03B | $2.69B |
| Investing Activities | ||||||||
| Capital Expenditures | $196.6M | $168.7M | $208.4M | $206.3M | $174.4M | $178.6M | $172.7M | $162.0M |
| Business Acquisitions | $22.8M | $1.17B | $33.6M | $32.4M | $11.7M | $0 | $0 | $125.5M |
| Net Cash from Investing Activities | $-4.71B | $-3.04B | $-1.39B | $-2.52B | $-7.01B | $-3.52B | $3.16B | $-2.20B |
| Financing Activities | ||||||||
| Dividends Paid | $2.63B | $2.40B | $2.18B | $1.90B | $1.66B | $1.58B | $1.47B | $1.29B |
| Stock Repurchases | $2.08B | $1.28B | $1.23B | $1.12B | $1.97B | $1.37B | $1.01B | $937.7M |
| Net Cash from Financing Activities | $4.88B | $-6.97B | $-1.43B | $-15.68B | $13.65B | $6.44B | $-5.89B | $-207.7M |
| Net Change in Cash | $5.57B | $-5.03B | $1.31B | $-14.01B | $9.64B | $6.09B | $257.4M | $254.1M |
| Free Cash Flow | $5.24B | $4.77B | $3.95B | $4.00B | $2.93B | $2.91B | $2.85B | $2.53B |