Automatic Data Processing (ADP) Tax Rate (2009 - 2026)
Automatic Data Processing's (ADP) quarterly Tax Rate came in at 23.68% in Q1 2026, up 72.0% year-on-year from 13.77% in Q1 2025, and up 1.99% on a QoQ basis from 23.22% in Q4 2025.
Automatic Data Processing (ADP) Tax Rate (2009 - 2026) Analysis & Trends
Automatic Data Processing (ADP) has 18 years of Tax Rate data on file, last reported at 23.68% in Q1 2026.
- On a quarterly basis, Tax Rate rose 72.0% year-over-year to 23.68% in Q1 2026; TTM through Mar 2026 was 23.27%, a 3.0% increase from a year earlier, with the FY2025 full-year figure at 23.17%, up 18.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.68%, up from 23.22% in the prior quarter.
- Over the last five years, Tax Rate for ADP reached as high as 23.87% in Q2 2024 and fell as low as 21.36% in Q3 2023.
- Historically, Tax Rate has averaged 22.97% across 5 years, with a median of 23.15% in 2022.
- Across the five-year window, Tax Rate slumped 200 bps in 2022 and soared 156 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 23.15% in 2022, then climbed by 0 bps to 23.2% in 2023, then climbed by 2 bps to 23.63% in 2024, then slipped by 2 bps to 23.22% in 2025, then rose by 2 bps to 23.68% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | 10.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 23.63% |
| Sep 30, 2024 | 22.64% |
| Sep 30, 2024 | 22.64% |