Is Automatic Data Processing (ADP) Halal?

NYSE Technology United States $81.4B
✓ HALAL
Confidence: 95/100
Automatic Data Processing (ADP) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 9.9% against the AAOIFI threshold of 30%, Automatic Data Processing comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 9.9%
/ 30%
8.6%
/ 30%
3.9%
/ 30%
1.55%
/ 5%
✓ HALAL
DJIM 9.9%
/ 33%
8.6%
/ 33%
3.9%
/ 33%
1.55%
/ 5%
✓ HALAL
MSCI 17.0%
/ 33%
14.7%
/ 33%
6.7%
/ 33%
1.55%
/ 5%
✓ HALAL
S&P 9.9%
/ 33%
8.6%
/ 33%
3.9%
/ 33%
1.55%
/ 5%
✓ HALAL
FTSE 17.0%
/ 33%
14.7%
/ 33%
6.7%
/ 50%
1.55%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
19.4
Forward: 16.8
EPS
$10.40
Dividend Yield
338.0%
Payout: 60.7%
P/B Ratio
12.7
EV/EBITDA
13.4
EV: $83.1B
Revenue
$20.6B
Growth: 6.2%
Beta
0.9
Average volatility
Current Ratio
1.0

Profitability

Gross Margin 48.4%
Operating Margin 26.3%
Net Margin 20.0%
Return on Equity (ROE) 73.8%
Return on Assets (ROA) 4.7%

Cash Flow & Balance Sheet

Operating Cash Flow$4.9B
Free Cash Flow$4.4B
Total Debt$9.1B
Debt-to-Equity70.0
Current Ratio1.0
Total Assets$53.4B

Price & Trading

Last Close$204.51
50-Day MA$224.72
200-Day MA$269.35
Avg Volume3.4M
Beta0.9
52-Week Range
$198.59
$329.93

About Automatic Data Processing (ADP)

CEO
Ms. Maria Black
Employees
67,000
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap
$81.4B
Currency
USD

Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR, and compliance; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Lyric HCM, a solution for HR management, payroll, workforce management, talent, and data analytics. The PEO Services segment provides HR and employment administration outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. The segment also provides guidance, user-friendly technology, comprehensive employee benefits, and a risk management, safety, and workers' compensation program. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Purification Calculator

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Frequently Asked Questions

Is Automatic Data Processing (ADP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Automatic Data Processing is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Automatic Data Processing's debt ratio?

Automatic Data Processing's debt ratio is 9.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 17.0%.

Does Automatic Data Processing require dividend purification?

Yes, Automatic Data Processing has an impermissible income ratio of 1.55%, which means 1.55% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Automatic Data Processing's key financial metrics?

Automatic Data Processing has a market capitalization of $81.4B, trailing P/E ratio of 19.4, and revenue of $20.6B. The company maintains a gross margin of 48.4% and a net margin of 20.0%. Return on equity stands at 73.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.