Automatic Data Processing Inc (ADP)
246.86
+1.72
(+0.70%)
USD |
NASDAQ |
May 10, 16:00
246.86
0.00 (0.00%)
After-Hours: 19:19
Automatic Data Processing Gross Profit Margin (Quarterly): 47.31% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 47.31% |
| December 31, 2023 | 45.12% |
| September 30, 2023 | 44.26% |
| June 30, 2023 | 44.50% |
| March 31, 2023 | 46.76% |
| December 31, 2022 | 44.19% |
| September 30, 2022 | 43.22% |
| June 30, 2022 | 42.20% |
| March 31, 2022 | 44.33% |
| December 31, 2021 | 41.84% |
| September 30, 2021 | 42.00% |
| June 30, 2021 | 40.98% |
| March 31, 2021 | 44.46% |
| December 31, 2020 | 42.57% |
| September 30, 2020 | 41.39% |
| June 30, 2020 | 38.79% |
| March 31, 2020 | 44.68% |
| December 31, 2019 | 42.93% |
| September 30, 2019 | 41.51% |
| June 30, 2019 | 42.49% |
| March 31, 2019 | 45.34% |
| December 31, 2018 | 42.73% |
| September 30, 2018 | 41.77% |
| June 30, 2018 | 42.11% |
| March 31, 2018 | 43.74% |
| Date | Value |
|---|---|
| December 31, 2017 | 40.16% |
| September 30, 2017 | 39.83% |
| June 30, 2017 | 40.40% |
| March 31, 2017 | 43.97% |
| December 31, 2016 | 40.82% |
| September 30, 2016 | 40.22% |
| June 30, 2016 | 41.39% |
| March 31, 2016 | 44.20% |
| December 31, 2015 | 40.06% |
| September 30, 2015 | 39.33% |
| June 30, 2015 | 40.56% |
| March 31, 2015 | 44.31% |
| December 31, 2014 | 40.33% |
| September 30, 2014 | 39.27% |
| June 30, 2014 | 39.66% |
| March 31, 2014 | 43.87% |
| December 31, 2013 | 40.71% |
| September 30, 2013 | 39.00% |
| June 30, 2013 | 34.65% |
| March 31, 2013 | 43.94% |
| December 31, 2012 | 40.89% |
| September 30, 2012 | 39.85% |
| June 30, 2012 | 39.62% |
| March 31, 2012 | 44.41% |
| December 31, 2011 | 41.12% |
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
38.79%
Minimum
Jun 2020
47.31%
Maximum
Mar 2024
43.28%
Average
43.08%
Median
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 | 94.27% |
| Return on Assets | 6.57% |
| Return on Invested Capital | 52.79% |
| Profit Margin (Quarterly) | 22.55% |
| Operating Margin (Quarterly) | 29.56% |
| Return on Net Operating Assets | 46.63% |