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 34.9% as of March 2026. Working capital of $2.21 Billion (current assets of $54.23 Billion minus current liabilities of $52.02 Billion) is measured against net assets of $6.35 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Automatic Data Processing Inc (ADP) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Automatic Data Processing Inc Working Capital to Net Assets (1986–2025)
This chart shows how Automatic Data Processing Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 34.9%, reflecting working capital of $2.21 Billion against net assets of $6.35 Billion USD. Check ADP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Automatic Data Processing Inc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Automatic Data Processing Inc from 1986 to 2025, covering 40 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. For live market cap and the full company profile, see how much is Automatic Data Processing Inc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |