ADT Inc Financials
ADT Inc (ADT) reported $5.1B in revenue for fiscal year 2025, up 4.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
ADT’s cash engine comes from large non-cash amortization and modest upkeep spending, leaving room to shrink debt.
From FY2023 to FY2025, operating cash flow stayed near$1.9B even though net income remained far lower, because annual depreciation and amortization stayed above$1.3B . With capital spending still under$176M , that cash gap was not being reinvested away; it funded deleveraging and capital returns.
ADT is not cash-rich in a traditional sense: year-end cash was only
The rise in operating margin from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of ADT Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
ADT Inc has an operating margin of 25.5%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 80/100, reflecting efficient cost management and pricing power. This is up from 24.7% the prior year.
ADT Inc's revenue grew a modest 4.7% year-over-year to $5.1B. This slow but positive growth earns a score of 50/100.
ADT Inc has elevated debt relative to equity (D/E of 1.95), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 23/100, reflecting increased financial risk.
ADT Inc's current ratio of 0.93 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.
ADT Inc converts 33.3% of revenue into free cash flow ($1.7B). This strong cash generation earns a score of 96/100.
ADT Inc's ROE of 15.8% shows moderate profitability relative to equity, earning a score of 59/100. This is up from 13.2% the prior year.
ADT Inc scores 0.60, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ADT Inc passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, ADT Inc generates $3.16 in operating cash flow ($1.9B OCF vs $596.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
ADT Inc earns $2.78 in operating income for every $1 of interest expense ($1.3B vs $470.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
ADT Inc generated $5.1B in revenue in fiscal year 2025. This represents an increase of 4.7% from the prior year.
ADT Inc's EBITDA was $2.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.9% from the prior year.
ADT Inc reported $596.0M in net income in fiscal year 2025. This represents an increase of 18.9% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
ADT Inc generated $1.7B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 0.7% from the prior year.
ADT Inc held $80.8M in cash against $7.4B in long-term debt as of fiscal year 2025.
ADT Inc paid $0.22 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
ADT Inc's operating margin was 25.5% in fiscal year 2025, reflecting core business profitability. This is up 0.9 percentage points from the prior year.
ADT Inc's net profit margin was 11.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.4 percentage points from the prior year.
ADT Inc's ROE was 15.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
ADT Inc spent $606.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 152.2% from the prior year.
ADT Inc invested $175.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.3% from the prior year.
Not reported for fiscal year 2025.
ADT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.2B | $5.1B+4.7% | $4.9B+5.3% | $4.7B+6.2% | $4.4B+4.3% | $4.2B-20.9% | $5.3B+3.7% | $5.1B+11.9% | $4.6B+6.2% | $4.3B+46.3% | $2.9B |
| SG&A Expenses | $1.5B | $1.5B-2.1% | $1.5B+8.2% | $1.4B+2.8% | $1.3B-12.5% | $1.5B-10.6% | $1.7B+22.5% | $1.4B+12.8% | $1.2B+3.1% | $1.2B+40.8% | $858.9M |
| Operating Income | $1.3B | $1.3B+8.3% | $1.2B+2.5% | $1.2B+62.6% | $725.1M+7305.7% | $9.8M-75.9% | $40.6M-79.3% | $196.4M-29.3% | $277.8M-1.6% | $282.4M+223.2% | -$229.3M |
| Interest Expense | N/A | $470.0M+4.2% | $451.0M-23.0% | $586.0M+111.6% | $277.0M-39.4% | $457.0M-35.6% | $710.0M+14.0% | $623.0M+0.5% | $620.0M-3.9% | $645.0M+37.8% | $468.0M |
| Income Tax | $242.4M | $233.3M+19.2% | $195.8M+21.9% | $160.6M+83.1% | $87.7M+166.6% | -$131.7M+10.3% | -$146.7M-49.7% | -$98.0M-517.9% | $23.5M-96.9% | $764.3M+387.2% | -$266.2M |
| Net Income | $612.8M | $596.0M+18.9% | $501.1M+8.2% | $463.0M+249.0% | $132.7M+138.9% | -$340.8M+46.1% | -$632.2M-49.0% | -$424.1M+30.4% | -$609.2M-277.8% | $342.6M+163.9% | -$536.6M |
| EPS (Diluted) | — | N/A | N/A | N/A | N/A | N/A | N/A | -$0.57+29.6% | -$0.81-252.8% | $0.53+163.1% | -$0.84 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ADT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $15.8B-1.4% | $16.1B+0.5% | $16.0B-10.4% | $17.8B+5.5% | $16.9B+4.8% | $16.1B+0.2% | $16.1B-6.5% | $17.2B+1.1% | $17.0B | N/A |
| Current Assets | $945.6M-5.9% | $1.0B0.0% | $1.0B-41.7% | $1.7B+73.5% | $992.5M+2.6% | $967.4M+54.7% | $625.5M-26.8% | $854.0M+87.3% | $455.9M | N/A |
| Cash & Equivalents | $80.8M-16.0% | $96.2M+558.0% | $14.6M-94.3% | $257.2M+951.9% | $24.5M-88.1% | $205.0M+320.6% | $48.7M-86.6% | $363.2M+195.5% | $122.9M+61.9% | $75.9M |
| Accounts Receivable | $384.9M-2.2% | $393.5M+6.3% | $370.2M+10.7% | $334.6M-24.3% | $442.2M+31.6% | $336.0M+17.0% | $287.2M+16.9% | $245.7M+65.1% | $148.8M | N/A |
| Goodwill | $4.9B-0.4% | $4.9B0.0% | $4.9B-9.7% | $5.4B-3.1% | $5.6B+7.0% | $5.2B+5.6% | $5.0B-2.4% | $5.1B+0.2% | $5.1B+1.1% | $5.0B |
| Total Liabilities | $12.0B-1.7% | $12.3B+0.6% | $12.2B-15.6% | $14.4B+5.7% | $13.6B+4.3% | $13.1B+1.4% | $12.9B-0.7% | $13.0B-4.4% | $13.6B | N/A |
| Current Liabilities | $1.0B-19.8% | $1.3B-14.6% | $1.5B-44.4% | $2.7B+56.2% | $1.7B+31.4% | $1.3B+15.8% | $1.1B+10.6% | $1.0B+13.0% | $896.3M | N/A |
| Long-Term Debt | $7.4B-1.8% | $7.5B0.0% | $7.5B-16.0% | $8.9B-6.6% | $9.6B+1.3% | $9.4B-1.9% | $9.6B-3.1% | $9.9B-1.7% | $10.1B | N/A |
| Total Equity | $3.8B-0.6% | $3.8B+0.3% | $3.8B+11.7% | $3.4B+4.4% | $3.2B+6.9% | $3.0B-4.6% | $3.2B-24.6% | $4.2B+23.1% | $3.4B-9.8% | $3.8B |
| Retained Earnings | -$2.9B+12.4% | -$3.3B+8.3% | -$3.6B+8.4% | -$3.9B+0.1% | -$4.0B-13.2% | -$3.5B-27.3% | -$2.7B-63.2% | -$1.7B-68.3% | -$998.2M | N/A |
Not reported in any period shown, so not listed: Inventory.
ADT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.2B | $1.9B0.0% | $1.9B+13.7% | $1.7B-12.2% | $1.9B+14.4% | $1.6B+20.7% | $1.4B-27.0% | $1.9B+4.8% | $1.8B+12.3% | $1.6B+157.8% | $617.5M |
| Capital Expenditures | $187.9M | $175.7M+7.3% | $163.8M-7.1% | $176.4M-0.2% | $176.7M+5.0% | $168.2M+7.0% | $157.2M-1.0% | $158.8M+25.3% | $126.8M-2.9% | $130.6M+66.4% | $78.5M |
| Free Cash Flow | $2.0B | $1.7B-0.7% | $1.7B+16.2% | $1.5B-13.4% | $1.7B+15.5% | $1.5B+22.5% | $1.2B-29.4% | $1.7B+3.2% | $1.7B+13.7% | $1.5B+171.1% | $539.0M |
| Investing Cash Flow | -$1.2B | -$1.1B+13.7% | -$1.3B-634.2% | $242.5M+115.8% | -$1.5B+9.6% | -$1.7B-49.1% | -$1.1B-16.3% | -$978.2M+43.7% | -$1.7B-23.0% | -$1.4B+85.0% | -$9.4B |
| Financing Cash Flow | -$1.1B | -$861.9M-67.2% | -$515.4M+76.0% | -$2.1B-14353.2% | -$14.8M+88.5% | -$128.4M-82.8% | -$70.3M+94.2% | -$1.2B-729.1% | $193.0M+234.9% | -$143.1M-101.6% | $8.8B |
| Dividends Paid | $180.7M | $186.8M+2.5% | $182.3M+41.7% | $128.6M+1.2% | $127.1M+9.3% | $116.3M+6.4% | $109.3M-80.6% | $564.8M+610.9% | $79.4M-89.4% | $750.0M | $0 |
| Share Buybacks | $711.7M | $606.8M+152.2% | $240.6M | $0-100.0% | $1.2B | $0-100.0% | $4K-100.0% | $149.9M | $0 | $0 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ADT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 25.5%+0.9pp | 24.7%-0.7pp | 25.3%+8.8pp | 16.6%+16.3pp | 0.2%-0.5pp | 0.8%-3.1pp | 3.8%-2.2pp | 6.1%-0.5pp | 6.5%+14.3pp | -7.8% |
| Net Margin | 11.6%+1.4pp | 10.2%+0.3pp | 10.0%+6.9pp | 3.0%+11.1pp | -8.1%+3.8pp | -11.9%-3.6pp | -8.3%+5.0pp | -13.3%-21.2pp | 7.9%+26.1pp | -18.2% |
| Return on Equity | 15.8%+2.6pp | 13.2%+1.0pp | 12.2%+8.3pp | 3.9%+14.4pp | -10.5%+10.3pp | -20.8%-7.5pp | -13.3%+1.1pp | -14.4%-24.4pp | 10.0%+24.1pp | -14.1% |
| Return on Assets | 3.8%+0.6pp | 3.1%+0.2pp | 2.9%+2.2pp | 0.7%+2.8pp | -2.0%+1.9pp | -3.9%-1.3pp | -2.6%+0.9pp | -3.5%-5.5pp | 2.0% | N/A |
| Current Ratio | 0.93+0.1x | 0.80+0.1x | 0.680.0x | 0.65+0.1x | 0.58-0.2x | 0.75+0.2x | 0.56-0.3x | 0.84+0.3x | 0.51 | N/A |
| Debt-to-Equity | 1.950.0x | 1.980.0x | 1.98-0.7x | 2.64-0.3x | 2.95-0.2x | 3.11+0.1x | 3.03+0.7x | 2.35-0.6x | 2.95 | N/A |
| FCF Margin | 33.3%-1.8pp | 35.1%+3.3pp | 31.8%-7.2pp | 39.1%+3.8pp | 35.3%+12.5pp | 22.8%-10.7pp | 33.4%-2.8pp | 36.3%+2.4pp | 33.9%+15.6pp | 18.3% |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.93), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where ADT Inc Ranks
Frequently Asked Questions
What is ADT Inc's annual revenue?
ADT Inc (ADT) reported $5.1B in total revenue for fiscal year 2025. This represents a 4.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ADT Inc's revenue growing?
ADT Inc (ADT) revenue grew by 4.7% year-over-year, from $4.9B to $5.1B in fiscal year 2025.
Is ADT Inc profitable?
Yes, ADT Inc (ADT) reported a net income of $596.0M in fiscal year 2025, with a net profit margin of 11.6%.
What is ADT Inc's EBITDA?
ADT Inc (ADT) had EBITDA of $2.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does ADT Inc have?
As of fiscal year 2025, ADT Inc (ADT) had $80.8M in cash and equivalents against $7.4B in long-term debt.
What is ADT Inc's operating margin?
ADT Inc (ADT) had an operating margin of 25.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ADT Inc's net profit margin?
ADT Inc (ADT) had a net profit margin of 11.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does ADT Inc pay dividends?
Yes, ADT Inc (ADT) paid $0.22 per share in dividends during fiscal year 2025.
What is ADT Inc's return on equity (ROE)?
ADT Inc (ADT) has a return on equity of 15.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ADT Inc's free cash flow?
ADT Inc (ADT) generated $1.7B in free cash flow during fiscal year 2025. This represents a -0.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ADT Inc's operating cash flow?
ADT Inc (ADT) generated $1.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are ADT Inc's total assets?
ADT Inc (ADT) had $15.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are ADT Inc's capital expenditures?
ADT Inc (ADT) invested $175.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is ADT Inc's current ratio?
ADT Inc (ADT) had a current ratio of 0.93 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is ADT Inc's debt-to-equity ratio?
ADT Inc (ADT) had a debt-to-equity ratio of 1.95 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ADT Inc's return on assets (ROA)?
ADT Inc (ADT) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ADT Inc's Altman Z-Score?
ADT Inc (ADT) has an Altman Z-Score of 0.60, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is ADT Inc's Piotroski F-Score?
ADT Inc (ADT) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ADT Inc's earnings high quality?
ADT Inc (ADT) has an earnings quality ratio of 3.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can ADT Inc cover its interest payments?
ADT Inc (ADT) has an interest coverage ratio of 2.78x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is ADT Inc?
ADT Inc (ADT) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.