ADT Inc.ADT
NYSE•Industrials•Security & Protection Services
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.
ADT Inc. (ADT) reported trailing twelve months revenue of $5.14B as of March 2026, a 3.7% increase year-over-year. Quarterly revenue reached $1.28B, reflecting continued top-line momentum.
ADT Inc. generated $624.08M in TTM net income, with quarterly EBITDA of $670.90M. The operating margin expanded from 25.2% to 25.5%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (25.5%) and net margin (13.2%) indicates moderate non-operating costs. Net margin has improved from 11.1% a year ago, signaling stronger bottom-line efficiency.
ADT trades at a P/E of 7.9x (below the broader market average) and a P/S of 1.0x. The price-to-book ratio of 1.3x reflects a moderate premium to book value.
The company generated $589.16M in free cash flow over the trailing twelve months, a 39.9% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $15.91B in total assets with $7.36B in long-term debt against $3.80B in stockholders equity for a debt-to-equity ratio of 1.9. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~26.2% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE averages 16.8% but has fluctuated — the competitive advantage may be cyclical or emerging.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~22.6% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~25.6% — no sign of cost or pricing stress.
FCF covers net income by 3.3x on average — earnings are well-supported by cash generation.
D/E ratio is 1.9 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 10.4% — net buybacks are reducing shares outstanding and boosting per-share value.