ADT Inc. ADT
ADT Inc., together with its wholly-owned subsidiaries (collectively, the "Company," "we," "our," "us," and "ADT"), is a leading provider of security, interactive, and smart home solutions serving residential and small business customers in the United States ("U.S.").
Our mission is to empower people to protect and connect what matters most through innovative offerings, unrivaled safety, and a premium experience because we believe that everyone deserves to feel safe.
We are strategically evolving toward a platform-centric model focused on integrated home intelligence. Our efforts are increasingly centered on our proprietary ADT+ application, which is designed to serve as a foundational ecosystem for both professionally installed and self-installed solutions, integrating human expertise with ambient sensing capabilities.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.13B | $4.90B | $4.65B | $4.38B | $4.20B | $5.31B | $5.13B | $4.58B | $4.32B | $2.95B |
| SG&A | $1.47B | $1.50B | $1.39B | $1.35B | $1.54B | $1.72B | $1.41B | $1.25B | $1.21B | $858.9M |
| Operating income | $1.31B | $1.21B | $1.18B | $725.1M | $9.8M | $40.6M | $196.4M | $277.8M | $282.4M | -$229.3M |
| Pre-tax income | $833.8M | $815.2M | $604.4M | $404.5M | -$475.8M | -$778.9M | -$522.2M | -$632.6M | -$421.7M | -$802.7M |
| Income tax | $233.3M | $195.8M | $160.6M | $87.7M | $131.7M | $146.7M | $98.0M | $23.5M | $764.3M | $266.2M |
| Net income | $596.0M | $501.1M | $463.0M | $132.7M | -$340.8M | -$632.2M | -$424.1M | -$609.2M | $342.6M | -$536.6M |
| EPS, basic | — | — | — | — | — | — | -0.57 | -0.81 | 0.53 | -0.84 |
| EPS, diluted | — | — | — | — | — | — | -0.57 | -0.81 | 0.53 | -0.84 |
| Shares, diluted (wtd. avg.) | — | — | — | — | — | — | $747.2M | $747.7M | $641.1M | $640.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $80.8M | $96.2M | $14.6M | $373.6M | $33.3M | $207.7M | $48.7M | $367.2M | $126.8M | $90.9M |
| Receivables | $384.9M | $393.5M | $370.2M | $334.6M | $442.2M | $336.0M | $287.2M | $245.7M | $148.8M | — |
| Total current assets | $945.6M | $1.00B | $1.00B | $1.72B | $992.5M | $967.4M | $625.5M | $854.0M | $455.9M | — |
| Property, plant and equipment | $243.4M | $247.2M | $253.7M | — | $364.1M | $325.7M | $328.7M | $326.6M | $332.4M | — |
| Goodwill | $4.89B | $4.90B | $4.90B | $5.43B | $5.60B | $5.24B | $4.96B | $5.08B | $5.07B | $5.01B |
| Other intangibles | $4.82B | $4.85B | $4.88B | $4.93B | $5.41B | $5.91B | $6.67B | $7.49B | $7.86B | — |
| Total assets | $15.82B | $16.05B | $15.96B | $17.82B | $16.89B | $16.12B | $16.08B | $17.21B | $17.01B | — |
| Accounts payable | $107.0M | $153.5M | $277.2M | $417.9M | $475.0M | $321.6M | $242.0M | $221.3M | $187.7M | — |
| Short-term debt | $310.2M | $195.8M | $312.1M | $857.6M | $117.6M | $44.8M | $58.0M | $58.2M | $48.1M | — |
| Total current liabilities | $1.01B | $1.26B | $1.48B | $2.66B | $1.70B | $1.30B | $1.12B | $1.01B | $896.3M | — |
| Long-term debt | $7.38B | $7.51B | $7.51B | $8.95B | $9.58B | $9.45B | $9.63B | $9.94B | $10.12B | — |
| Total liabilities | $12.04B | $12.25B | $12.18B | $14.43B | $13.65B | $13.08B | $12.90B | $12.98B | $13.58B | — |
| Retained earnings | -$2.91B | -$3.32B | -$3.62B | -$3.95B | -$3.95B | -$3.49B | -$2.74B | -$1.68B | -$998.2M | — |
| Total equity | $3.78B | $3.80B | $3.79B | $3.39B | $3.25B | $3.04B | $3.18B | $4.22B | $3.43B | $3.80B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.88B | $1.88B | $1.66B | $1.89B | $1.65B | $1.37B | $1.87B | $1.79B | $1.59B | $617.5M |
| Depreciation and amortisation | $1.37B | $1.34B | $1.34B | $1.60B | $1.84B | $1.91B | $1.99B | $1.93B | $1.86B | $1.23B |
| Capital expenditure | $175.7M | $163.8M | $176.4M | $176.7M | $168.2M | $157.2M | $158.8M | $126.8M | $130.6M | $78.5M |
| Investing cash flow | -$1.12B | -$1.30B | $242.5M | -$1.53B | -$1.70B | -$1.14B | -$978.2M | -$1.74B | -$1.41B | -$9.41B |
| Financing cash flow | -$861.9M | -$515.4M | -$2.14B | -$14.8M | -$128.4M | -$70.3M | -$1.21B | $193.0M | -$143.1M | $8.83B |
| Dividends paid | $186.8M | $182.3M | $128.6M | $127.1M | $116.3M | $109.3M | $564.8M | $79.4M | $750.0M | $0 |
| Buybacks | $606.8M | $240.6M | $0 | $1.20B | $0 | $4.0K | $149.9M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001703056-26-000032.
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