Automatic Data Processing Inc (ADP) — Tangible Net Worth Ratio

Latest as of June 2026: 72.6%

Automatic Data Processing Inc (ADP) has a Tangible Net Worth Ratio of 72.6% as of June 2026. This metric is calculated by deducting intangible assets ($1.65 Billion) from net assets ($6.03 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Automatic Data Processing Inc equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

72.6%
Tangible equity / total equity

Net Assets (Equity)

$6.03 Billion
USD

Intangible Assets

$1.65 Billion
Goodwill, patents, brand value

Total Assets

$63.19 Billion
USD

Automatic Data Processing Inc Tangible Net Worth Ratio (1986–2026)

This chart shows how Automatic Data Processing Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of June 2026, the ratio stands at 72.6%, reflecting net assets of $6.03 Billion with intangible assets of $1.65 Billion USD. For live market cap and overall valuation, see ADP market cap overview.

Annual Tangible Net Worth Ratio for Automatic Data Processing Inc (1986–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Automatic Data Processing Inc from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore ADP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 72.6% $6.03 Billion $1.65 Billion $63.19 Billion ▼ -1.5 pp
2025 74.1% $6.19 Billion $1.60 Billion $53.37 Billion ▲ +3.5 pp
2024 70.6% $4.55 Billion $1.34 Billion $54.36 Billion ▲ +8.9 pp
2023 61.7% $3.51 Billion $1.34 Billion $50.97 Billion ▲ +3.0 pp
2022 58.7% $3.23 Billion $1.33 Billion $63.07 Billion ▼ -20.0 pp
2021 78.7% $5.67 Billion $1.21 Billion $48.77 Billion ▼ -0.2 pp
2020 78.9% $5.75 Billion $1.22 Billion $39.17 Billion ▼ -1.3 pp
2019 80.2% $5.40 Billion $1.07 Billion $41.89 Billion ▲ +5.8 pp
2018 74.4% $3.46 Billion $886.40 Million $37.09 Billion ▼ -10.0 pp
2017 84.4% $3.98 Billion $620.20 Million $37.18 Billion ▼ -3.7 pp
2016 88.1% $4.48 Billion $534.20 Million $43.67 Billion ▼ -1.5 pp
2015 89.5% $4.81 Billion $503.20 Million $33.11 Billion ▼ -3.1 pp
2014 92.6% $6.67 Billion $491.00 Million $32.05 Billion ▲ +3.0 pp
2013 89.6% $6.19 Billion $643.20 Million $32.27 Billion ▲ +1.2 pp
2012 88.4% $6.11 Billion $711.20 Million $30.82 Billion ▲ +0.3 pp
2011 88.1% $6.01 Billion $715.70 Million $34.24 Billion ▼ -2.0 pp
2010 90.1% $5.48 Billion $542.40 Million $26.86 Billion ▲ +1.0 pp
2009 89.1% $5.32 Billion $580.10 Million $25.35 Billion ▲ +1.6 pp
2008 87.5% $5.09 Billion $637.10 Million $23.73 Billion ▲ +0.8 pp
2007 86.6% $5.15 Billion $688.00 Million $26.65 Billion ▼ -3.1 pp
2006 89.7% $6.01 Billion $618.00 Million $27.49 Billion ▲ +44.1 pp
2005 45.7% $5.78 Billion $3.14 Billion $27.62 Billion ▼ -0.2 pp
2004 45.9% $5.42 Billion $2.93 Billion $21.12 Billion ▼ -4.8 pp
2003 50.6% $5.37 Billion $2.65 Billion $19.83 Billion ▼ -12.6 pp
2002 63.3% $5.11 Billion $1.88 Billion $18.28 Billion ▼ -2.6 pp
2001 65.9% $4.70 Billion $1.60 Billion $17.89 Billion ▲ +1.4 pp
2000 64.6% $4.58 Billion $1.62 Billion $16.85 Billion ▲ +2.8 pp
1999 61.8% $4.01 Billion $1.53 Billion $5.82 Billion ▲ +10.3 pp
1998 51.5% $3.41 Billion $1.65 Billion $5.18 Billion ▲ +0.9 pp
1997 50.6% $2.66 Billion $1.31 Billion $4.38 Billion ▲ +4.4 pp
1996 46.1% $2.32 Billion $1.25 Billion $3.84 Billion ▼ -20.2 pp
1995 66.3% $2.10 Billion $705.70 Million $3.20 Billion ▲ +2.3 pp
1994 64.0% $1.69 Billion $609.00 Million $2.71 Billion ▲ +2.5 pp
1993 61.5% $1.49 Billion $575.20 Million $2.44 Billion ▲ +4.4 pp
1992 57.1% $1.30 Billion $555.80 Million $2.17 Billion ▼ -18.4 pp
1991 75.6% $1.05 Billion $257.30 Million $1.56 Billion ▼ -6.6 pp
1990 82.1% $1.13 Billion $201.60 Million $1.69 Billion ▲ +4.7 pp
1989 77.5% $949.50 Million $214.10 Million $1.68 Billion ▼ -0.5 pp
1988 78.0% $982.30 Million $216.10 Million $1.65 Billion ▲ +1.0 pp
1987 77.0% $875.10 Million $201.50 Million $1.44 Billion ▼ -2.8 pp
1986 79.8% $664.80 Million $134.50 Million $1.31 Billion
pp = percentage points