Automatic Data Processing, Inc.

What does ADP own?

ADP operates under a single masterbrand, owning product lines including RUN Powered by ADP, ADP Workforce Now, ADP Vantage, ADP GlobalView, ADP TotalSource, and the ADP Assist AI layer. It previously owned Broadridge Financial Solutions and CDK Global, both spun off as independent public companies.

Is ADP publicly traded?

Yes. ADP trades on the Nasdaq under ticker ADP and is an S&P 500 component and Dividend Aristocrat, having increased its dividend for 50 consecutive years through fiscal 2025.

Who founded ADP?

Henry Taub founded the company as Automatic Payrolls in Paterson, New Jersey, in 1949. His brother Joe Taub and salesman Frank Lautenberg, who later became a U.S. Senator for 30 years, built it into the country's dominant payroll processor.

Where is ADP headquartered?

ADP is headquartered in Roseland, New Jersey, with major service centers across the United States and international operations in more than 140 countries.

How many brands does ADP own?

ADP operates a single masterbrand with named product lines rather than separate brands: RUN, Workforce Now, Vantage, GlobalView, TotalSource, and ADP Assist among them. The corporate portfolio is consolidated after the spinoffs of Broadridge in 2007 and CDK Global in 2014.

Who owns ADP?

ADP is publicly owned, with shares held by institutional investors and index funds led by Vanguard, BlackRock, and State Street. No founder or family controls the company.

What were ADP's fiscal 2025 results?

For the year ended June 30, 2025, ADP reported revenue of $20.6 billion, up 7 percent, net earnings of $4.1 billion, adjusted EBIT margin of 26.0 percent, and diluted EPS of $9.98, with $2.1 billion in Employer Services bookings and 92.1 percent client retention.

Henry Taub, a New Jersey accountant, founded Automatic Payrolls in 1949 in Paterson, New Jersey, processing payroll manually for a handful of local businesses. His brother Joe Taub joined, and Frank Lautenberg, who would later spend 30 years as a U.S. Senator from New Jersey, joined as a salesman in 1952 and led the company's expansion for three decades.

The company adopted keypunch machines in the late 1950s and changed its name to Automatic Data Processing in 1958, scaling its payroll bureau service regionally. ADP went public in 1961 and spent the following decades expanding geographically and into adjacent services: tax filing, time and attendance, benefits administration, and brokerage back-office processing, the last of which grew into the separate brokerage services business ADP spun off as Broadridge Financial Solutions in 2007.

The 1990s and 2000s added HR outsourcing and the PEO business, and the 2010s rebuilt the product line on cloud platforms: RUN for small business, Workforce Now for mid-market, and Vantage and GlobalView for large and multinational employers. The company also spun off its dealer services business, CDK Global, in 2014, completing the portfolio simplification that left payroll and HCM as its sole focus.

Maria Black, a 20-year ADP veteran, became CEO in January 2023, succeeding Carlos Rodriguez. Under her leadership the company pushed AI features across its platforms, including the ADP Assist conversational interface, and crossed $20 billion in annual revenue. Fiscal 2025, ended June 30, 2025, produced revenue of $20.6 billion, up 7 percent, net earnings of $4.1 billion, adjusted EBIT margin of 26.0 percent, and the company's 50th consecutive annual dividend increase, the rare Dividend Aristocrat milestone.

ADP publishes an annual ESG report covering emissions targets, workforce diversity, and responsible AI governance through its AI and Data Ethics Council, a standing body that sets compliance principles for AI features deployed across client products. The company is not B Corp certified, typical for large public HCM providers.

Its most material ethics exposure is data stewardship: as processor of payroll data for tens of millions of workers, ADP's privacy and security posture is its primary trust asset, and it maintains extensive compliance certifications including SOC reporting and ISO 27001 across its platforms.

ADP's public record is relatively clean for a company of its scale and data sensitivity. It has faced periodic wage-and-hour and privacy litigation common to HR service providers, and in 2016 disclosed a security incident in which client data was accessed through a compromised third-party connection, one of the few material breach events in its history.

The company draws recurring scrutiny over the PEO industry's co-employment structure and over H-1B visa usage at its India delivery centers, the standard critiques of its sector. No fraud finding, accounting restatement, or major regulatory enforcement action is on record as of November 2026.