Should We Be Delighted With Automatic Data Processing, Inc.'s (NASDAQ:ADP) ROE Of 72%? [Yahoo! Finance]
Automatic Data Processing, Inc. (ADP)
Last automatic data processing, inc. earnings: 4/29 06:56 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.adp.com
Company Research
Source: Yahoo! Finance
It shows the profit each dollar generates with respect to its shareholder investments. ROE is important because it helps investors understand how well a company is using its capital to generate profits. Return on Equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity. For example, Automatic Data Processing's ROE is 72% = US$3.8b ÷ US$5.3b (Based on the trailing twelve months to September 2024). Yes, Automatic Data Processing has a higher ROE (72%) than the average (20%) in the Professional Services industry, which is a good sign. However, a high ROE doesn't always indicate high profitability, as it can also be the outcome of high debt relative to equity, which indicates risk. Companies usually need to invest money to grow their profits, and debt can be used to boost returns, but it also increases risk. A high debt-to-equity ratio, like Automatic Data Processing's 1.69, can boost ROE, but it's worth noting
Show less
Read more
Impact Snapshot
Event Time:
ADP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADP alerts
High impacting Automatic Data Processing, Inc. news events
Weekly update
A roundup of the hottest topics
ADP
News
- ADP to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025 [Yahoo! Finance]Yahoo! Finance
- ADP to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025PR Newswire
- Here's Why We Think Automatic Data Processing (NASDAQ:ADP) Is Well Worth Watching [Yahoo! Finance]Yahoo! Finance
- Automatic Data Processing (NASDAQ:ADP) shareholders have earned a 15% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Workforce Analytics Market Size to Reach USD 7.26 Billion by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
ADP
Earnings
- 10/31/24 - Beat
ADP
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- ADP's page on the SEC website