ADP cash margin 25.5% or more, September quarter?
cash margin
Operating cash flow / revenue.7 voices · 7 claims2 sides2 machines
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The two sides
Labor-intensive IT services revenue turns negative
Clients capture AI productivity gains and reset prices at renewal or in-source routine build and run work, so each booked dollar converts into less revenue…
Labor-intensive IT services revenue holds up
Even transformational technologies face resistance from existing networks, switching costs and organizational habits, so companies and individuals continue…
Divide the net cash from operating activities by the revenue that ADP reports for the quarter ended September 30, 2026 in its 10-Q or 10-K filing on SEC EDGAR. SEC EDGAR, XBRL company facts of ADP (Forms 10-Q and 10-K)
The exact question and the full rule
Did the net cash from operating activities of ADP for the quarter ended September 30, 2026 come to at or above 25.5% of its revenue?
Divide the net cash from operating activities by the revenue that ADP reports for the quarter ended September 30, 2026 in its 10-Q or 10-K filing on SEC EDGAR. The answer is yes if the ratio is at or above 25.5%; no if it is below 25.5%.
If the source is late or silent: If ADP has not filed by November 16, 2026, or a filing restates a period the rule reads, the test is inconclusive, and the Result says what was read and what was missing.