ADT (ADT) FY2024 results: revenue $4.9 billion, up 5.3% on the year
ADT Inc. (ADT) reported revenue of $4.9 billion for fiscal 2024, the year ended 31 December 2024, up 5.3% on the year before. Net income was $501 million, up 8.2%, and diluted earnings per share $0.52. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$4.9 billion
+5.3% on the year
FY2017FY2024
Operating margin
24.7%
25.3% a year earlier
FY2017FY2024
Net income
$501 million
+8.2% on the year
FY2017FY2024
Diluted EPS
$0.52
+2.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,885
1,658
1,888
+13.7%
Capital expenditure
164
176
177
-7.1%
Free cash flow
1,721
1,481
1,711
+16.2%
Free cash flow margin
35.1%
31.8%
39.1%
Cash from investing
-1,295
242
-1,533
Cash from financing
-515
-2,144
-14.8
Depreciation and amortisation
1,343
1,335
1,600
+0.5%
Share-based compensation
48.6
51.1
66.6
-4.9%
Buybacks
241
0.0
1,200
Dividends paid
182
129
127
+41.7%
Dividend per share
$0.22
$0.14
$0.14
+57.1%
Diluted shares, weighted
n/a
n/a
915m
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
3,801
3,789
3,393
+0.3%
Debt
7,792
7,937
9,937
-1.8%
Operating lease liabilities
77.9
80.2
85.2
-2.9%
Finance lease liabilities
43.8
43.7
36.4
+0.3%
Other liabilities
4,337
4,114
4,369
+5.4%
Total liabilities and equity
16,051
15,964
17,821
+0.5%
Fixed assets
247
254
376
-2.6%
Goodwill
4,904
4,904
5,430
0.0%
Intangible assets
4,854
4,877
4,927
-0.5%
Cash and equivalents
96.2
14.6
257
+558.0%
Receivables
394
370
335
+6.3%
Other assets
5,556
5,544
6,496
+0.2%
Total assets
16,051
15,964
17,821
+0.5%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.