Adt Inc. (ADT) intrinsic value & 10-year financials
Adt Inc. (ADT) has a Graham intrinsic value of $9.68 per share. At $6.87 on Oct 17, 2026, the stock trades 29% below that value. Over the last 10 fiscal years revenue grew 6.3% a year to $5.1B, with an average return on invested capital of 2.4%.
- Graham intrinsic value
- $9.68
- Share price (Oct 17, 2026)
- $6.87
- Price vs Graham value
- 29% below
- Market cap
- $7.7B
- Revenue (FY2025)
- $5.1B
- Revenue growth (10-yr CAGR)
- 6.3%
- ROIC (10-yr avg)
- 2.4%
- Free cash flow (FY2025)
- $1.7B
ADT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $5.1B | $596.0M | — | $1.7B | 25.5% | 8.3% |
| FY2024 | $4.9B | $501.1M | — | $1.7B | 24.7% | 7.5% |
| FY2023 | $5.0B | $463.0M | — | $1.5B | 10.2% | 4.1% |
| FY2022 | $6.4B | $172.6M | — | $1.7B | 8.8% | 3.2% |
| FY2021 | $5.3B | -$340.8M | — | $1.5B | 0.3% | 0.1% |
| FY2020 | $5.3B | -$632.2M | — | $1.2B | 0.8% | 0.3% |
| FY2019 | $5.1B | -$424.1M | -$0.57 | $1.7B | 3.8% | 1.5% |
| FY2018 | $4.6B | -$609.2M | -$0.81 | $1.7B | 6.1% | 2.0% |
| FY2017 | $4.3B | $342.6M | $0.53 | $1.5B | 6.5% | 1.0% |
| FY2016 | $2.9B | -$536.6M | -$0.84 | $539.0M | -7.8% | -4.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ADT Inc. has demonstrated mature, steady growth, with revenue compounding at 6.3% annually over the past decade.
ADT Inc. has historically struggled to out-earn its cost of capital, averaging just 3.1% ROIC.
ADT Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ADT Inc. is modeled at 6.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.68 per share.