Automatic Data Processing, Inc. (ADP) Tax Rate: 23.17%
Is Automatic Data Processing, Inc.’s tax rate high or low?
Automatic Data Processing, Inc.'s tax rate of 23.17% is in line with its 5-year average of 22.82%, near the high end of its 5-year range (22.48%–23.17%).
0.39% above its 12-month average of 23.08%.
ADP Tax Rate Chart
ADP Average Tax Rate Chart
ADP Current vs Average Tax Rate Chart
ADP Tax Rate Metrics
TAX RATE
23.17%
TAX RATE AVG TTM
23.08%
TAX RATE AVG 3Y
22.94%
TAX RATE AVG 5Y
22.82%
TAX RATE AVG 10Y
25.84%
TAX RATE AVG 15Y
28.60%
TAX RATE AVG 20Y
30.31%
CURRENT VS TTM AVG
+0.39%
CURRENT VS 3Y AVG
+1.01%
CURRENT VS 5Y AVG
+1.52%
CURRENT VS 10Y AVG
-10.33%
CURRENT VS 15Y AVG
-18.98%
CURRENT VS 20Y AVG
-23.55%
Automatic Data Processing, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Automatic Data Processing, Inc. Tax Rate FAQ
- What is the tax rate for Automatic Data Processing, Inc. (ADP)?
- The tax rate for ADP stock is 23.17%.
- Is Automatic Data Processing, Inc.'s tax rate high or low?
- Automatic Data Processing, Inc.'s tax rate of 23.17% is in line with its 5-year average of 22.82%, near the high end of its 5-year range (22.48%–23.17%).
- What is the TTM average tax rate for Automatic Data Processing, Inc. (ADP)?
- The TTM average tax rate for ADP stock is 23.08%.
- What is the 3Y average tax rate for Automatic Data Processing, Inc. (ADP)?
- The 3Y average tax rate for ADP stock is 22.94%.
- What is the 5Y average tax rate for Automatic Data Processing, Inc. (ADP)?
- The 5Y average tax rate for ADP stock is 22.82%.
- What is the 10Y average tax rate for Automatic Data Processing, Inc. (ADP)?
- The 10Y average tax rate for ADP stock is 25.84%.
- What is the 15Y average tax rate for Automatic Data Processing, Inc. (ADP)?
- The 15Y average tax rate for ADP stock is 28.60%.
- What is the 20Y average tax rate for Automatic Data Processing, Inc. (ADP)?
- The 20Y average tax rate for ADP stock is 30.31%.
Automatic Data Processing, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-06-30 | 23.17% |
| 2024-06-30 | 22.99% |
| 2023-06-30 | 23.11% |
| 2022-06-30 | 22.48% |
| 2021-06-30 | 22.69% |
| 2020-06-30 | 22.50% |
| 2019-06-30 | 23.72% |
| 2018-06-30 | 25.35% |
| 2017-06-30 | 31.52% |
| 2016-06-30 | 33.17% |
| 2015-06-30 | 33.52% |
| 2014-06-30 | 33.94% |
| 2013-06-30 | 34.55% |
| 2012-06-30 | 34.57% |
| 2011-06-30 | 35.11% |
| 2010-06-30 | 35.20% |
| 2009-06-30 | 30.27% |
| 2008-06-30 | 35.89% |
| 2007-06-30 | 37.10% |
| 2006-06-30 | 38.47% |
| 2005-06-30 | 37.10% |
| 2004-06-30 | 37.40% |
| 2003-06-30 | 38.11% |
| 2002-06-30 | 38.40% |
| 2001-06-30 | 39.36% |
| 2000-06-30 | 34.80% |
| 1999-06-30 | 35.75% |
| 1998-06-30 | 31.54% |
| 1997-06-30 | 29.07% |
| 1996-06-30 | 28.44% |
Related Metrics
About Automatic Data Processing, Inc.
Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a wide array of services such as payroll processing, benefits administration, talent acquisition and management, general HR and workforce management, insurance, retirement planning, and regulatory compliance, often integrated into holistic HCM solutions. Conversely, the Professional Employer Organization (PEO) segment specializes in offering HR outsourcing to small and mid-sized businesses, leveraging a co-employment framework. This segment's offerings span robust benefits packages, regulatory protection and compliance, talent engagement strategies, specialized HR expertise, all-encompassing outsourcing, and even recruitment process outsourcing. Established in 1949, ADP maintains its corporate headquarters in Roseland, New Jersey.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Maria Black