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 Headquarters in Roseland, New Jersey | |
| ADP | |
| Formerly | Automatic Payrolls, Inc. |
| Company type | Public |
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| Industry | |
| Founded | 1949; 77 years ago (1949) (as Automatic Payrolls, Inc.)[1] Paterson, New Jersey, U.S. |
| Founder | Henry Taub |
| Headquarters | Roseland, New Jersey, U.S. |
Key people | |
| Services | Human resource, payroll, tax and benefits administration tools |
| Revenue |  US$20.6 billion (2025) |
| US$5.41 billion (2025) | |
| US$4.08 billion (2025) | |
| Total assets |  US$53.4 billion (2025) |
| Total equity | US$6.19 billion (2025) |
Number of employees | c. 67,000 (2025) |
| Website | adp.com |
| Footnotes / references Financials as of June 30, 2025[update].[2] | |
Automatic Data Processing, Inc. (ADP) is an American multinational provider of cloud-basedhuman resources management, payroll processing, and professional employer organization (PEO) services, headquartered inRoseland, New Jersey.
In 1949,Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business with his brother Joe Taub. The idea came to him when Taub had visited a company where employees had not been paid on time because of one employee's illness.[3] Automatic Payrolls, Inc. started with one client and an initial investment of $6,000.[3]Frank Lautenberg joined the brothers in the company's infancy. In 1957, Lautenberg, after successfully serving in sales and marketing, became a full-fledged partner with the two brothers.
In August 1961, the company changed its name to Automatic Data Processing, Inc. (ADP),[4] and began usingpunched cardmachines, check printing machines, andmainframe computers. ADPwent public in September 1961[5] with 300 clients, 125 employees, and revenues of approximatelyUS$400,000.[6][7] It also transcribed and printed thereport cards for students inEssex County, New Jersey.[7] The company established asubsidiary in the United Kingdom in 1965. In 1970, Lautenberg was noted as being thepresident of the company.[8] Also in 1970, the company's stock transitioned from trading onAmerican Stock Exchange to trading on theNew York Stock Exchange.[8] Lautenberg continued in his roles as chairman and CEO until elected to theUnited States Senate from New Jersey in 1982.[9]
From 1985 onward, ADP's annual revenues exceeded the $1 billion mark, with paychecks processed for about 20% of the U.S. workforce. In August 1996, ADP began acting as aprofessional employer organization (PEO) after acquiring Staff Management Systems ofTampa, Florida.[10]
On October 21, 2008, ADP switched its stock listing to theNASDAQ Global Select Market.[11]
In 2020, ADP was ranked 227 on theFortune 500 list of the largest United States corporations by revenue.[12] ADP has also been included on Fortune Magazine's "World's Most Admired Companies" List for 14 consecutive years[13] and has earned recognition from DiversityInc as one of the top companies for diversity and inclusion in the United States for 11 consecutive years.[14]
ADP has about 67,000 employees worldwide and itsfiscal year 2025 revenues were $20.6 billion.[2]
ADP acquired the pioneering online computer services companyTime Sharing Limited (TSL) in 1974[citation needed] andCyphernetics in 1975.[15]
As ADP became a professional employer organization, it made several acquisitions. In 1995, the company acquired the German company Autonom and the payroll and human resource services company GSI, among others.[16][17][18][19] In September 1998, ADP acquired UK-basedChessington Computer Centre that supplied administration services to theUK Government.[20]
In 2006, ADP acquired Kerridge Computer Co. Ltd., a dealer management systems (DMS) provider to auto dealers, primarily in the UK.[21] In 2007, the ADP Brokerage Service Group was spun off to formBroadridge Financial Solutions, Inc.[22]
In January 2017, ADP acquiredThe Marcus Buckingham Company (TMBC).[23][24] In October 2017, ADP acquired Global Cash Card, a digital payments facilitator.[25][non-primary source needed]
In January 2018, ADP acquiredWorkMarket, aNew York City–based software platform company that helps businesses manage freelancers, contractors, and consultants.[26][27] Later that same year, the company announced the acquisition of Celergo, a global payroll management service company.[28][29]
In 2023, ADP acquired workflow automation tool Sora.[30][31][32]
In October 2024, ADP acquired WorkForce Software, a management services provider.[33]
In 2007, the ADP Brokerage Service Group was spun off to formBroadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue.[22] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.[34] ADP had originally bought Brokerage Service Group in 1965.[35]
Formerly called ADP Dealer Services,CDK Global was formed October 1, 2014, and provides technology services to automotive dealerships, as well as vehicle manufacturers.[36][37][38]In 2010, ADP acquired the automotive marketing company Cobalt.[39]
BZ Results, winner ofAutoSuccess magazine's 2005 "Innovative Company of the Year" award,[40] was purchased by ADP in 2006.[41] At the time, BZ Results was valued at $125 million. On April 7, 2014, ADP laid off several Dealer Services associates in a reorganization and 3 days later announced plans to spin off the Dealer Services division as a standalone company.[42] On August 19, 2014, ADP Dealer Services announced that the name of the new company, post-spinoff, would be CDK Global (an acronym for Cobalt, Dealer Services, Kerridge).[43]
BothS&P andMoody's downgraded ADP to AA in April 2014, after the dealer services unit was spun off.[44]
ADP has been used as a source of private-sector employment data in addition to or in place of United StatesBureau of Labor Statistics reports.[45][46][47] ADP's National Employment Report launches the day before BLS reports.[48] In 2022, it was redesigned in collaboration with Stanford's Digital Economy Lab.[49][non-primary source needed]
As early as 2018, ADP employment and earnings data were used by theFederal Reserve. In mid-2025, ADP stopped providing data to the Federal Reserve.[50]
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