Switch to:

Automatic Data Processing Net Income

: $2,293 Mil (TTM As of Jun. 2019)
View and export this data going back to 1968. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Automatic Data Processing's net income for the three months ended in Jun. 2019 was $475 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2019 was $2,293 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Automatic Data Processing's Earnings per Share (Diluted) for the three months ended in Jun. 2019 was $1.09.


Automatic Data Processing Net Income Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Automatic Data Processing Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,452.50 1,492.50 1,787.80 1,884.90 2,292.80

Automatic Data Processing Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.90 505.40 558.20 753.70 475.40

Automatic Data Processing Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Automatic Data Processing's Net Income for the fiscal year that ended in Jun. 2019 is calculated as

Net Income(A: Jun. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3005.6+-712.8+0+0
=2,293

Automatic Data Processing's Net Income for the quarter that ended in Jun. 2019 is calculated as

Net Income(Q: Jun. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=633.3+-157.9+0+0
=475

Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was 505.4 (Sep. 2018 ) + 558.2 (Dec. 2018 ) + 753.7 (Mar. 2019 ) + 475.4 (Jun. 2019 ) = $2,293 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Automatic Data Processing  (NAS:ADP) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Automatic Data Processing's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2019 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Automatic Data Processing Net Income Related Terms


Automatic Data Processing Net Income Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)