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CNH Q2 Earnings Beat Expectations, Revenues Decline Y/Y
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Mon 28 Apr 25, 10:53 AM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 834.00M | 815.17M | 610.96M | 237.40M | -471.00000M |
| Minority interest | - | - | - | - | - |
| Net income | 596.00M | 501.05M | -166.97100M | 300.00M | -341.00000M |
| Selling general administrative | 1469.52M | 1371.35M | 1374.58M | 1930.00M | 1789.01M |
| Selling and marketing expenses | - | 105.00M | 131.00M | - | - |
| Gross profit | 4146.00M | 2483.89M | 2377.44M | 3504.21M | 3757.00M |
| Reconciled depreciation | 1367.23M | 1344.70M | 1470.50M | 1694.00M | 1914.78M |
| Ebit | 1293.00M | 1236.96M | 1169.42M | 753.15M | 62.00M |
| Ebitda | 2660.00M | 2804.40M | 2693.12M | 2446.73M | 1977.00M |
| Depreciation and amortization | 1367.00M | 1567.44M | 1523.71M | 1693.58M | 1915.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 1309.00M | 1232.19M | 1217.92M | 560.25M | 62.00M |
| Other operating expenses | 3820.00M | 3666.26M | 3434.90M | 4887.92M | 5254.00M |
| Interest expense | 459.00M | 441.03M | 569.91M | 265.00M | 458.00M |
| Tax provision | 233.29M | 195.78M | 9.94M | 60.00M | -130.36900M |
| Interest income | 459.27M | 441.03M | 569.91M | 265.00M | 457.67M |
| Net interest income | -459.26600M | -441.03100M | -550.33500M | -265.00000M | -457.66700M |
| Extraordinary items | -4.56700M | -118.33700M | 12.64M | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 233.00M | 195.78M | 160.59M | 60.18M | -130.00000M |
| Total revenue | 5129.00M | 4898.45M | 4652.82M | 6395.31M | 5307.00M |
| Total operating expenses | 2837.00M | 1251.70M | 1159.52M | 1930.02M | 3704.00M |
| Cost of revenue | 983.00M | 2414.56M | 2275.39M | 2957.90M | 1550.00M |
| Total other income expense net | -475.00000M | -417.01800M | -606.96500M | 6243.98M | -533.00000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 600.52M | 619.39M | 58.17M | 172.00M | -340.82000M |
| Net income applicable to common shares | 595.95M | 501.05M | 463.01M | 173.00M | -340.82000M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 15819.00M | 16050.96M | 15964.09M | 17873.00M | 16894.00M |
| Intangible assets | 4818.00M | 4854.10M | 4877.49M | 5092.00M | 5413.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 278.00M | 191.45M | 325.29M | 342.00M | 1.00M |
| Total liab | 12040.00M | 12250.16M | 12175.45M | 14440.00M | 13645.00M |
| Total stockholder equity | 3779.00M | 3800.80M | 3788.65M | 3433.00M | 3249.00M |
| Deferred long term liab | - | - | - | 1079.64M | 850.49M |
| Other current liab | 352.00M | 646.39M | 619.75M | 899.00M | 736.00M |
| Common stock | 8.20M | 8.91M | 9.22M | 9.17M | 9.02M |
| Capital stock | 8.20M | 8.91M | 9.22M | 9.17M | 9.02M |
| Retained earnings | -2907.25500M | -3318.17400M | -3617.71800M | -3909.62400M | -3952.59000M |
| Other liab | - | - | - | 2705.12M | 2199.48M |
| Good will | 4886.00M | 4903.90M | 4903.90M | 5819.00M | 5943.00M |
| Other assets | 1988.29M | 1938.12M | -1.00000M | -1.00000M | 1151.43M |
| Cash | 81.00M | 204.06M | 14.62M | 257.00M | 24.00M |
| Cash and equivalents | 80.82M | 96.21M | 14.62M | 257.00M | 24.45M |
| Total current liabilities | 1013.00M | 1263.78M | 1480.21M | 2661.00M | 1703.00M |
| Current deferred revenue | 244.00M | 247.78M | 255.22M | 403.00M | 374.00M |
| Net debt | 7608.00M | 7610.86M | 7826.88M | 9572.00M | 9669.00M |
| Short term debt | 310.00M | 216.07M | 328.04M | 872.00M | 118.00M |
| Short long term debt | 310.20M | 195.79M | 320.61M | 872.00M | 117.59M |
| Short long term debt total | 7689.00M | 7805.44M | 7841.50M | 9829.00M | 9693.00M |
| Other stockholder equity | 6679.22M | 7117.10M | 7413.31M | 7380.66M | 7261.55M |
| Property plant equipment | 3118.19M | 3309.11M | 3345.24M | 3437.00M | 3357.58M |
| Total current assets | 946.00M | 1004.92M | 1004.69M | 1722.00M | 993.00M |
| Long term investments | - | - | - | - | - |
| Net tangible assets | - | - | - | -7477.24900M | -8108.03500M |
| Short term investments | - | - | -115.32900M | - | - |
| Net receivables | 385.00M | 412.68M | 434.67M | 597.00M | 442.00M |
| Long term debt | 7379.43M | 7511.28M | 7523.35M | 8957.00M | 9575.10M |
| Inventory | 202.00M | 196.73M | 230.11M | 410.00M | 348.00M |
| Accounts payable | 107.00M | 153.54M | 277.20M | 487.00M | 475.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -1.55600M | -7.03600M | -16.16200M | -47.20000M | -68.97300M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 4926.00M | 4556.01M | 1705.45M | 1804.00M | 1313.00M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 14873.00M | 15046.04M | 14959.40M | 16152.00M | 15901.00M |
| Capital lease obligations | - | - | 15.98M | 28.70M | 37.36M |
| Long term debt total | 7379.43M | 7511.28M | 7513.46M | 8957.00M | 9575.10M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -2.36300M | -1295.42800M | -1312.07500M | -1533.00000M | -1695.74500M |
| Change to liabilities | - | - | - | 337.88M | 374.96M |
| Total cashflows from investing activities | -1118.00000M | -1295.42800M | 242.49M | -1533.00000M | -1695.74500M |
| Net borrowings | -55.35600M | -174.26400M | -2057.09100M | 156.56M | 67.74M |
| Total cash from financing activities | -862.00000M | -515.35600M | -2143.84900M | -15.00000M | -128.00000M |
| Change to operating activities | - | - | - | -278.33900M | -173.54500M |
| Net income | 601.00M | 501.05M | 463.01M | 173.00M | -341.00000M |
| Change in cash | -95.06500M | 74.11M | -243.63000M | 341.00M | -175.00000M |
| Begin period cash flow | 204.06M | 129.95M | 373.58M | 33.00M | 208.00M |
| End period cash flow | 109.00M | 204.06M | 129.95M | 374.00M | 33.00M |
| Total cash from operating activities | 1885.00M | 1884.90M | 1657.73M | 1888.00M | 1650.00M |
| Issuance of capital stock | - | 0.00000M | 0.00000M | 1180.00M | 0.00000M |
| Depreciation | 1367.00M | 1344.70M | 1388.67M | 1694.00M | 1915.00M |
| Other cashflows from investing activities | -1.00000M | -1131.62300M | 28.67M | 1.00M | -157.70500M |
| Dividends paid | 187.00M | 182.27M | 128.59M | -127.00000M | -116.00000M |
| Change to inventory | - | 25.07M | 24.73M | -67.39100M | -84.02000M |
| Change to account receivables | -143.66800M | -146.13400M | -107.46400M | -178.25800M | -50.21400M |
| Sale purchase of stock | -607.00000M | -240.55600M | -1200.00000M | -1200.00000M | 0.00000M |
| Other cashflows from financing activities | 22.00M | 81.73M | 41.83M | 903.00M | 1369.00M |
| Change to netincome | - | - | - | 8.05M | -164.29800M |
| Capital expenditures | 572.00M | 163.81M | 806.89M | 912.00M | 863.00M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -550.00000M | -292.02900M | -443.24700M | -150.00000M | 114.00M |
| Stock based compensation | 55.00M | 48.61M | 51.14M | 67.00M | 61.00M |
| Other non cash items | 270.00M | 142.98M | 72.92M | 73.00M | 40.00M |
| Free cash flow | 1313.00M | 1721.09M | 850.84M | 976.00M | 787.00M |
Sector: Industrials Industry: Security & Protection Services
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ADT ADT Inc |
0.09 1.27% | 6.75 | 10.71 | 8.18 | 1.16 | 1.55 | 2.63 | 5.07 |
| ASAZY Assa Abloy AB |
0.03 0.18% | 17.10 | 28.39 | 22.62 | 2.76 | 4.14 | 3.19 | 16.63 |
| ASAZF ASSA ABLOY AB (publ) |
-0.3 0.89% | 33.50 | 27.08 | 22.68 | 2.76 | 4.14 | 3.14 | 16.38 |
| SOMLY Secom Co Ltd ADR |
0.16 1.63% | 9.96 | 21.35 | - | 0.01 | 1.79 | 0.0097 | 0.05 |
| SOMLF SECOM CO. LTD |
- -% | 40.05 | 20.94 | - | 0.01 | 1.80 | 0.0076 | 0.05 |
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.
1501 Yamato Road, Boca Raton, FL, United States, 33431
| Name | Title | Year Born |
|---|---|---|
| Mr. James David DeVries | CEO, President & Chairman | 1964 |
| Mr. Jeffrey A. Likosar | CFO and President of Corporate Development & Transformation | 1971 |
| Mr. Fawad Khalil Ahmad | Executive VP and Chief Operating & Customer Officer | 1977 |
| Mr. David W. Smail Esq. | Executive VP, Chief Legal Officer & Secretary | 1966 |
| Mr. Omar Sharif Khan | Executive VP & Chief Business Officer | 1974 |
| Mr. Steven Burzo | VP, Chief Accounting Officer & Controller | 1983 |
| Mr. David A. Scott | Executive VP and Chief People & Administration Officer | 1974 |
| Ms. Kimberly Miller | Executive VP and Chief Marketing & Communications Officer | 1974 |
| Mr. Robert M. Dale | Senior Vice President of National Account Sales | 1958 |
| Mr. Derrick Dicoi | Senior VP & Chief Strategy Officer | NA |
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