Automatic Data Processing Inc (ADP)
246.61
-0.23
(-0.09%)
USD |
NASDAQ |
Apr 24, 16:00
248.99
+2.38
(+0.97%)
After-Hours: 20:00
Automatic Data Processing Gross Profit Margin (Quarterly): 42.34% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 42.34% |
| September 30, 2023 | 41.65% |
| June 30, 2023 | 41.41% |
| March 31, 2023 | 43.92% |
| December 31, 2022 | 41.70% |
| September 30, 2022 | 41.26% |
| June 30, 2022 | 40.37% |
| March 31, 2022 | 42.84% |
| December 31, 2021 | 40.27% |
| September 30, 2021 | 40.43% |
| June 30, 2021 | 39.31% |
| March 31, 2021 | 42.97% |
| December 31, 2020 | 40.89% |
| September 30, 2020 | 39.53% |
| June 30, 2020 | 36.63% |
| March 31, 2020 | 42.42% |
| December 31, 2019 | 40.71% |
| September 30, 2019 | 39.18% |
| June 30, 2019 | 39.95% |
| March 31, 2019 | 42.84% |
| December 31, 2018 | 40.53% |
| September 30, 2018 | 39.61% |
| June 30, 2018 | 39.79% |
| March 31, 2018 | 41.61% |
| December 31, 2017 | 38.12% |
| Date | Value |
|---|---|
| September 30, 2017 | 37.82% |
| June 30, 2017 | 38.28% |
| March 31, 2017 | 42.08% |
| December 31, 2016 | 38.95% |
| September 30, 2016 | 38.34% |
| June 30, 2016 | 39.36% |
| March 31, 2016 | 42.38% |
| December 31, 2015 | 38.09% |
| September 30, 2015 | 37.30% |
| June 30, 2015 | 38.37% |
| March 31, 2015 | 42.38% |
| December 31, 2014 | 38.22% |
| September 30, 2014 | 37.06% |
| June 30, 2014 | 37.33% |
| March 31, 2014 | 41.81% |
| December 31, 2013 | 38.51% |
| September 30, 2013 | 36.61% |
| June 30, 2013 | 27.03% |
| March 31, 2013 | 41.84% |
| December 31, 2012 | 38.62% |
| September 30, 2012 | 37.31% |
| June 30, 2012 | 36.70% |
| March 31, 2012 | 41.74% |
| December 31, 2011 | 38.29% |
| September 30, 2011 | 37.20% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
36.63%
Minimum
Jun 2020
43.92%
Maximum
Mar 2023
40.93%
Average
40.89%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| Paychex Inc | 73.61% |
| Cass Information Systems Inc | -- |
| Cintas Corp | 49.37% |
| Resources Connection Inc | 37.02% |
| SPAR Group Inc | 22.85% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 98.92% |
| Return on Assets | 6.55% |
| Return on Invested Capital | 54.02% |
| Profit Margin (Quarterly) | 19.77% |
| Operating Margin (Quarterly) | 21.58% |
| Return on Net Operating Assets | 45.12% |