Automatic Data Processing Inc (ADP) — Working Capital to Net Assets Ratio
Automatic Data Processing Inc (ADP) has a Working Capital to Net Assets ratio of -686.8% as of June 2026. Working capital of $-41.42 Billion (current assets of $8.60 Billion minus current liabilities of $50.02 Billion) is measured against net assets of $6.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ADP defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Automatic Data Processing Inc Working Capital to Net Assets (1986–2026)
This chart shows how Automatic Data Processing Inc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of June 2026, the ratio stands at -686.8%, reflecting working capital of $-41.42 Billion against net assets of $6.03 Billion USD. For the complete balance sheet picture, see Automatic Data Processing Inc assets under control.
Annual Working Capital to Net Assets for Automatic Data Processing Inc (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Automatic Data Processing Inc from 1986 to 2026, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check ADP financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -686.8% | $-41.42 Billion | $6.03 Billion | $8.60 Billion | $50.02 Billion | ▼ -718.7 pp |
| 2025 | 31.9% | $1.97 Billion | $6.19 Billion | $43.25 Billion | $41.28 Billion | ▲ +21.7 pp |
| 2024 | 10.2% | $462.50 Million | $4.55 Billion | $45.54 Billion | $45.08 Billion | ▲ +27.2 pp |
| 2023 | -17.0% | $-597.00 Million | $3.51 Billion | $42.17 Billion | $42.77 Billion | ▼ -6.0 pp |
| 2022 | -11.0% | $-353.80 Million | $3.23 Billion | $54.80 Billion | $55.16 Billion | ▼ -57.7 pp |
| 2021 | 46.7% | $2.65 Billion | $5.67 Billion | $40.74 Billion | $38.09 Billion | ▲ +21.7 pp |
| 2020 | 25.0% | $1.44 Billion | $5.75 Billion | $31.56 Billion | $30.13 Billion | ▼ -6.8 pp |
| 2019 | 31.8% | $1.71 Billion | $5.40 Billion | $34.34 Billion | $32.63 Billion | ▼ -15.5 pp |
| 2018 | 47.3% | $1.64 Billion | $3.46 Billion | $32.05 Billion | $30.41 Billion | ▼ -24.2 pp |
| 2017 | 71.5% | $2.84 Billion | $3.98 Billion | $32.66 Billion | $29.82 Billion | ▼ -10.0 pp |
| 2016 | 81.5% | $3.65 Billion | $4.48 Billion | $39.50 Billion | $35.85 Billion | ▲ +46.3 pp |
| 2015 | 35.3% | $1.70 Billion | $4.81 Billion | $28.81 Billion | $27.11 Billion | ▼ -14.6 pp |
| 2014 | 49.9% | $3.33 Billion | $6.67 Billion | $27.49 Billion | $24.17 Billion | ▲ +26.1 pp |
| 2013 | 23.7% | $1.47 Billion | $6.19 Billion | $26.20 Billion | $24.73 Billion | ▼ -7.6 pp |
| 2012 | 31.3% | $1.92 Billion | $6.11 Billion | $25.16 Billion | $23.24 Billion | ▲ +1.4 pp |
| 2011 | 29.9% | $1.80 Billion | $6.01 Billion | $28.58 Billion | $26.79 Billion | ▼ -11.4 pp |
| 2010 | 41.3% | $2.26 Billion | $5.48 Billion | $22.32 Billion | $20.05 Billion | ▲ +4.9 pp |
| 2009 | 36.5% | $1.94 Billion | $5.32 Billion | $20.70 Billion | $18.76 Billion | ▲ +7.6 pp |
| 2008 | 28.8% | $1.47 Billion | $5.09 Billion | $18.81 Billion | $17.34 Billion | ▼ -1.7 pp |
| 2007 | 30.6% | $1.57 Billion | $5.15 Billion | $3.36 Billion | $1.79 Billion | ▼ -5.5 pp |
| 2006 | 36.1% | $2.17 Billion | $6.01 Billion | $4.76 Billion | $2.59 Billion | ▲ +7.7 pp |
| 2005 | 28.4% | $1.64 Billion | $5.78 Billion | $4.44 Billion | $2.80 Billion | ▲ +10.0 pp |
| 2004 | 18.3% | $993.16 Million | $5.42 Billion | $2.76 Billion | $1.77 Billion | ▼ -12.9 pp |
| 2003 | 31.2% | $1.68 Billion | $5.37 Billion | $3.68 Billion | $2.00 Billion | ▲ +3.7 pp |
| 2002 | 27.5% | $1.41 Billion | $5.11 Billion | $2.82 Billion | $1.41 Billion | ▼ -9.7 pp |
| 2001 | 37.2% | $1.75 Billion | $4.70 Billion | $3.08 Billion | $1.34 Billion | ▼ -1.4 pp |
| 2000 | 38.6% | $1.77 Billion | $4.58 Billion | $3.06 Billion | $1.30 Billion | ▲ +15.9 pp |
| 1999 | 22.7% | $907.90 Million | $4.01 Billion | $2.19 Billion | $1.29 Billion | ▲ +4.8 pp |
| 1998 | 17.9% | $608.30 Million | $3.41 Billion | $1.83 Billion | $1.22 Billion | ▼ -11.7 pp |
| 1997 | 29.5% | $785.40 Million | $2.66 Billion | $1.81 Billion | $1.02 Billion | ▲ +2.8 pp |
| 1996 | 26.7% | $618.70 Million | $2.32 Billion | $1.45 Billion | $835.60 Million | ▼ -5.1 pp |
| 1995 | 31.9% | $667.90 Million | $2.10 Billion | $1.21 Billion | $543.20 Million | ▲ +1.9 pp |
| 1994 | 30.0% | $507.20 Million | $1.69 Billion | $985.40 Million | $478.20 Million | ▲ +6.2 pp |
| 1993 | 23.8% | $355.00 Million | $1.49 Billion | $771.30 Million | $416.30 Million | ▼ -4.5 pp |
| 1992 | 28.3% | $366.70 Million | $1.30 Billion | $733.70 Million | $367.00 Million | ▲ +2.6 pp |
| 1991 | 25.7% | $270.10 Million | $1.05 Billion | $621.80 Million | $351.70 Million | ▼ -5.7 pp |
| 1990 | 31.3% | $352.90 Million | $1.13 Billion | $735.10 Million | $382.20 Million | ▼ -5.7 pp |
| 1989 | 37.1% | $351.80 Million | $949.50 Million | $728.40 Million | $376.60 Million | ▼ -13.2 pp |
| 1988 | 50.2% | $493.20 Million | $982.30 Million | $831.90 Million | $338.70 Million | ▼ -3.5 pp |
| 1987 | 53.7% | $470.00 Million | $875.10 Million | $754.90 Million | $284.90 Million | ▼ -20.9 pp |
| 1986 | 74.6% | $496.20 Million | $664.80 Million | $769.50 Million | $273.30 Million | — |