ADP Cost of Goods Sold 2010-2024 | ADP

ADP annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • ADP cost of goods sold for the quarter ending September 30, 2024 was $2.634B, a 4.7% increase year-over-year.
  • ADP cost of goods sold for the twelve months ending September 30, 2024 was $10.595B, a 5.16% increase year-over-year.
  • ADP annual cost of goods sold for 2024 was $10.477B, a 5.26% increase from 2023.
  • ADP annual cost of goods sold for 2023 was $9.953B, a 5.19% increase from 2022.
  • ADP annual cost of goods sold for 2022 was $9.462B, a 9.51% increase from 2021.
ADP Annual Cost of Goods Sold
(Millions of US $)
2024 $10,477
2023 $9,953
2022 $9,462
2021 $8,640
2020 $8,445
2019 $8,022
2018 $7,757
2017 $7,245
2016 $6,840
2015 $6,428
2014 $6,041
2013 $5,574
2012 $6,204
2011 $5,708
2010 $5,030
2009 $4,823
ADP Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $2,634
2024-06-30 $2,632
2024-03-31 $2,768
2023-12-31 $2,562
2023-09-30 $2,515
2023-06-30 $2,485
2023-03-31 $2,624
2022-12-31 $2,451
2022-09-30 $2,394
2022-06-30 $2,386
2022-03-31 $2,512
2021-12-31 $2,341
2021-09-30 $2,223
2021-06-30 $2,206
2021-03-31 $2,278
2020-12-31 $2,122
2020-09-30 $2,034
2020-06-30 $2,067
2020-03-31 $2,239
2019-12-31 $2,094
2019-09-30 $2,045
2019-06-30 $2,001
2019-03-31 $2,093
2018-12-31 $2,000
2018-09-30 $1,928
2018-06-30 $1,889
2018-03-31 $2,079
2017-12-31 $1,938
2017-09-30 $1,852
2017-06-30 $1,822
2017-03-31 $1,911
2016-12-31 $1,768
2016-09-30 $1,744
2016-06-30 $1,699
2016-03-31 $1,813
2015-12-31 $1,683
2015-09-30 $1,647
2015-06-30 $1,602
2015-03-31 $1,684
2014-12-31 $1,583
2014-09-30 $1,558
2014-06-30 $1,536
2014-03-31 $1,586
2013-12-31 $1,479
2013-09-30 $1,441
2013-06-30 $620
2013-03-31 $1,743
2012-12-31 $1,624
2012-09-30 $1,587
2012-06-30 $1,572
2012-03-31 $1,618
2011-12-31 $1,514
2011-09-30 $1,500
2011-06-30 $1,496
2011-03-31 $1,521
2010-12-31 $1,380
2010-09-30 $1,312
2010-06-30 $1,282
2010-03-31 $1,331
2009-12-31 $1,227
2009-09-30 $1,190
2009-06-30 $1,184
2009-03-31 $1,215
Sector Industry Market Cap Revenue
Business Services Outsourcing Services $124.099B $19.203B
Automatic Data Processing, Inc. is one of the leading providers of cloud-based Human Capital Management (HCM) technology solutions - including payroll, talent management, Human Resources and benefits administration, and time and attendance management - to employers around the world. The company delivers it's global HCM strategy and make investments in highly strategic areas and technology in order to strengthen its underlying business model and prospects for continued growth. ADP has two reportable business segments: Employer Services and Professional Employer Organization Services. The Employer Services segment offers a comprehensive suite of HRO and technology-based HCM solutions. The Professional Employer Organization Services segment provides small and medium-sized businesses with employment administration outsourcing solutions.
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