ADT Inc. provides security, interactive, and smart home solutions in the United States. The company offers burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems to detect intrusion; control access; sense movement, smoke, fire, carbon monoxide, leaks, temperature, and other environmental conditions and hazards; and address personal medical emergencies, such as injuries or unanticipated falls. It also provides routine maintenance and installation services for upgraded or additional equipment; and personal emergency response system products and services to sustain independent living, detect when a fall occurs, and provide protection while on the go with geolocation capability. In addition, the company offers ADT+ app, an interactive technology platform; Trusted Neighbor, which allows customers to grant access to their homes through homeowner-authorized credentials and the ADT+ app; automation and smart home solutions, which allow for the remote monitoring and managing of spaces through smartphone applications, customized web portals, and touchscreen panels; and professionally installed and DIY security and smart home solutions. Further, it operates monitoring centers that provide professional and outsourced monitoring services; and field and call centers. The company sells its products under the ADT, ADT Pulse, and ADT+ brands. It serves the residential and small business security and automation markets comprising owners and renters of single-family homes, apartments, and small businesses owners through customer referrals, door-to-door activities, lead generation partners, retail and e-commerce channels, network of field sales and service offices, third-party independent dealers, and authorized dealers. The company was formerly known as Prime Security Services Parent, Inc. and changed its name to ADT Inc. in September 2017. ADT Inc. was founded in 1874 and is headquartered in Boca Raton, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.1B | $2.7B | $596M | $1.3B | 15.8% | 4.7% | 18.9% |
| 2024 | $4.9B | $2.6B | $501M | $1.2B | 13.2% | 5.3% | 8.2% |
| 2023 | $4.7B | $2.6B | $463M | $851M | 12.2% | 6.2% | 249.0% |
| 2022 | $4.4B | $2.4B | $133M | $977M | 3.9% | - | - |
| 2021 | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,381.90 | 4,652.82 | 4,898.45 | 5,128.61 |
| Operating Revenue | - | 4,381.90 | 4,652.82 | 4,898.45 | 5,128.61 |
| Cost Of Revenue | - | 698.78 | 751.68 | 847.11 | 982.97 |
| Gross Profit | - | 3,683.12 | 3,901.14 | 4,051.33 | 4,145.64 |
| Operating Expense | - | 2,948.09 | 2,722.18 | 2,843.27 | 2,836.73 |
| Selling General And Administration | - | 1,348.28 | 1,386.70 | 1,500.47 | 1,469.52 |
| Total Expenses | - | 3,646.87 | 3,473.86 | 3,690.38 | 3,819.71 |
| Operating Income | - | 735.03 | 1,178.96 | 1,208.06 | 1,308.90 |
| Total Operating Income As Reported | - | 725.09 | 1,178.96 | 1,208.06 | 1,308.90 |
| EBITDA | - | 2,361.10 | 2,562.97 | 2,600.90 | 2,660.31 |
| Normalized EBITDA | - | 2,371.04 | 2,562.97 | 2,600.90 | 2,660.31 |
| EBIT | - | 667.53 | 1,174.30 | 1,256.20 | 1,293.08 |
| Interest Expense | - | 263.07 | 569.92 | 441.03 | 459.27 |
| Net Interest Income | - | -263.07 | -569.92 | -441.03 | -459.27 |
| Other Non Operating Income Expenses | - | -57.57 | -4.66 | 48.14 | -15.82 |
| Other Income Expense | - | -67.50 | -4.66 | 48.14 | -15.82 |
| Interest Expense Non Operating | - | 263.07 | 569.92 | 441.03 | 459.27 |
| Net Non Operating Interest Income Expense | - | -263.07 | -569.92 | -441.03 | -459.27 |
| Pretax Income | - | 404.46 | 604.38 | 815.17 | 833.81 |
| Tax Provision | - | 87.69 | 160.58 | 195.78 | 233.29 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -2.16 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 312.17 | 450.37 | 619.39 | 600.52 |
| Net Income From Continuing And Discontinued Operation | - | 132.66 | 463.01 | 501.05 | 595.95 |
| Net Income From Continuing Operation Net Minority Interest | - | 312.17 | 450.37 | 619.39 | 600.52 |
| Net Income | - | 132.66 | 463.01 | 501.05 | 595.95 |
| Net Income Common Stockholders | - | 132.66 | 463.01 | 501.05 | 595.95 |
| Net Income Including Noncontrolling Interests | - | 132.66 | 463.01 | 501.05 | 595.95 |
| Normalized Income | - | 319.95 | 450.37 | 619.39 | 600.52 |
| Diluted NI Availto Com Stockholders | - | 132.66 | 463.01 | 501.05 | 595.95 |
| Basic Average Shares | - | 848 | 911.59 | 902 | 832.57 |
| Diluted Average Shares | - | 970 | 973.89 | 964 | 895.92 |
| Reconciled Depreciation | - | 1,693.58 | 1,388.67 | 1,344.70 | 1,367.23 |
| Reconciled Cost Of Revenue | - | 605.02 | 698.50 | 845.22 | 982.95 |
| Total Unusual Items | -76.27 | -9.94 | -589.97 | -28.93 | - |
| Total Unusual Items Excluding Goodwill | -76.27 | -9.94 | -589.97 | -28.93 | - |
| Net Income Discontinuous Operations | - | -179.50 | 12.64 | -118.34 | -4.57 |
| Earnings From Equity Interest Net Of Tax | - | -4.60 | 6.57 | 0 | 0 |
| Special Income Charges | -76.27 | -9.94 | -589.97 | -28.93 | - |
| Gain On Sale Of Business | 0 | - | - | - | - |
| Other Special Charges | 37.11 | - | 16.62 | 4.80 | - |
| Impairment Of Capital Assets | 0 | 149.38 | 511.18 | - | - |
| Restructuring And Mergern Acquisition | 39.16 | 9.94 | 62.17 | 24.12 | - |
| Depreciation Amortization Depletion Income Statement | - | 1,599.81 | 1,335.48 | 1,342.80 | 1,367.22 |
| Depreciation And Amortization In Income Statement | - | 1,599.81 | 1,335.48 | 1,342.80 | 1,367.22 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ADT Inc.this co. | ADT | $5.1B | 8.60β discount | 1.36 | 15.8% | 4.79 |
| Amentum Holdings, Inc. | AMTM | $5.7B | 86.21 | 1.26 | 1.5% | 9.54 |
| Matson, Inc. | MATX | $5.7B | 12.74 | 2.05 | 16.1% | 7.44 |
| Casella Waste Systems, Inc. | CWST | $5.3B | 676.02 | 3.39 | 0.5% | 16.96 |
| VSE Corporation | VSEC | $5.2B | 440.96 | 3.59 |
| - |
| - |
| - |
| 0.8% |
| 41.96 |
| UniFirst Corporation | UNF | $4.9B | 33.11 | 2.26 | 6.8% | 14.69 |
| WillScot Holdings Corporation | WSC | $4.8B | -90.45 | 5.60 | -6.2% | 14.32 |
| AAR Corp. | AIR | $4.6B | 367.52 | 3.79 | 1.0% | 32.71 |
| Resideo Technologies, Inc. | REZI | $4.6B | - | 1.57 | -19.3% | - |
| Peer Median | - | 86.21 | 2.83 | 0.9% | 14.69 | |