The ADT Corporation – Company Overview

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The ADT Corporation is a multinational provider of electronic security, interactive home and business automation and alarm monitoring services. It is based in Boca Raton, Florida, USA.

With over six million residential and small business customers and over 400 authorized dealers, The ADT Corporation is the largest company of its kind in the US and Canada.

The business has been operating for over 140 years, it was originally founded in 1874 as “American District Telegraph”.

It is a publicly traded company on the New York Stock Exchange under the ticker symbol ‘ADT’.

The ADT Corporation provides the following products/services:

Residential Security: Burglar Alarm Monitoring, Fire & Smoke Monitoring, Carbon Monoxide Monitoring, Flood & Temperature Monitoring, Panic Button, and Video.

Small Business Solutions: Intrusion Detection and Monitoring, Access Control Systems and Management, Video Surveillance, and Automated Business Control Tools.

ADT Pulse: 24/7 Life Safety Monitoring, Remote System Arm/Disarm, Lighting and Climate Control, Remote Video Monitoring & Video Clips, and Custom Notifications & Scheduled Events.

Home Health: ADR Personal Emergency Response System.

Overview

ADT Corporation logo


The ADT Corporation Financial Results

Operating data (in $ millions) 2014 2013
Total revenue $3,408 $3,309
Total cost of revenue $1,457 $1,378
Selling, general and administrative expenses $1,231 $1,173
Operating income $659 $735
Income before income taxes $432 $642
Income tax expense $(128) $(221)
Net income $304 $421
Balance sheet data (in $ millions)
Total assets $10549 $9,913
Total liabilities $7,421 $5,591
Total stockholders’ equity $3,128 $4,322
Common share data (in $)
Basic earnings per share $1.67 $1.90
Diluted earnings per share $1.66 $1.88
Cash flow data (in $ millions)
Net cash provided by operating activities $1,519 $1,666
Net cash used for investing activities $(1,792) $(1,394)
Net cash used for financing activities $202 $(366)
Cash and cash equivalents at end of year $66 $138

Source: “The ADT Corporation Form 10-K 2014”


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