Automatic Data Processing (ADP) Tax Rate (2009 - 2026)
Automatic Data Processing (ADP) posted quarterly Tax Rate of 23.68% for Q1 2026, up 72.0% year-over-year from 13.77% in Q1 2025, and up 1.99% quarter-over-quarter from 23.22% in Q4 2025.
Automatic Data Processing (ADP) Tax Rate (2009 - 2026) Analysis & Trends
Automatic Data Processing (ADP) has reported Tax Rate for 18 consecutive years, with 23.68% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 72.0% year-over-year to 23.68%; the TTM figure through Mar 2026 stood at 23.27% (up 3.0% YoY), while the FY2025 annual figure was 23.17%, up 18.0% from the prior year.
- Tax Rate grew to 23.68% in Q1 2026 per ADP's latest filing, from 23.22% in the prior quarter.
- Across five years, Tax Rate topped out at 23.87% in Q2 2024 and bottomed at 21.36% in Q3 2023.
- Historically, Tax Rate has averaged 22.97% across 5 years, with a median of 23.15% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 200 bps — and 2023, when it surged 156 bps.
- Automatic Data Processing's Tax Rate stood at 23.15% in 2022, then gained by 0 bps to 23.2% in 2023, then gained by 2 bps to 23.63% in 2024, then retreated by 2 bps to 23.22% in 2025, then grew by 2 bps to 23.68% in 2026.
- Business Quant data shows ADP's Tax Rate at 23.68% in Q1 2026, 23.22% in Q4 2025, and 22.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 13.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.20% |
| Jun 30, 2026 | 22.20% |
| Jun 30, 2026 | 22.20% |
| Mar 31, 2026 | 23.68% |
| Mar 31, 2026 | 23.68% |
| Mar 31, 2026 | 23.68% |
| Dec 31, 2025 | 23.22% |
| Dec 31, 2025 | 23.22% |
| Dec 31, 2025 | 23.22% |
| Sep 30, 2025 | 22.52% |
| Sep 30, 2025 | 22.52% |
| Sep 30, 2025 | 22.52% |
| Jun 30, 2025 | 23.52% |
| Jun 30, 2025 | 23.52% |
| Jun 30, 2025 | 23.52% |
| Mar 31, 2025 | 22.96% |
| Mar 31, 2025 | 22.96% |
| Mar 31, 2025 | 22.96% |
| Dec 31, 2024 | 23.63% |
| Dec 31, 2024 | 23.63% |