Company Analysis

ADT Inc. (ADT)

NYSE: ADT · Services-Detective, Guard & Armored Car Services · Boca Raton, FL · filing with the SEC since 2017
Grade5.0
◀ Past 4.0● Present 5.1▶ Future 5.7
1 est.

The grade of ADT Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past4.025% of the headline
● Present5.135% of the headline
▶ Future5.740% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.0/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.3/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-07-10.

weight 22% of this tense · 23rd percentile among 35 sector filers · read for itself

From the record

ADT Inc.'s filings since 2017 show 1 warning event: a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-07-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+0% a year over 7 filed years; profitable in 4 of 7.

weight 45% of this tense · 44th percentile among 34 sector filers · read for its customers

From the record

ADT Inc.'s 7 filed years say what it did: revenue went from $5.1 billion in fiscal 2019 to $5.1 billion in fiscal 2025, up 0% a year; it rose in 5 of 6 years; the deepest fall was 21% from fiscal 2020 to fiscal 2021; net income was positive in 4 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span0.0%bottom 34% of its family
  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profittop 49% of its family
  • the deepest fall from a revenue peak20.9%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
4.4/10

How has it treated the people who own it?

SI estimate 4.4/10, confidence 35 of 100 (one part).

weight 33% of this tense · 44th percentile among 35 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 44% of 35 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 35 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: ADT Inc.'s shareholder treatment is put at 4.4 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 44% of 35 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.1/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 76%: owes 76¢ per asset dollar.

weight 33% of this tense · 54th percentile among 35 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, ADT Inc. earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 76 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 27% of its family
  • return on equitytop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 35 in its family; net margin 11.6%.

weight 45% of this tense · 65th percentile among 35 sector filers · read for its customers

From the record

ADT Inc.'s standing among 35 graded names in its industry family: revenue of $5.1 billion in fiscal 2025 ranks in the top 24% by size; a net margin of 11.6% ranks in the top 24%; revenue growth of 5.4% a year over the last 3 filed years ranks in the bottom 43% (its annual reports).

What it rests on

  • revenue against the family$5.13Btop 24% of its family
  • net margin11.6%top 24% of its family
  • three-year revenue growth5.4%bottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.0/10

What are the people in charge doing?

bottom 20% of 20 in its family for leadership; chief executive since 2019.

weight 22% of this tense · 20th percentile among 20 sector filers · read for its shareholders

From the record

ADT Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Devries, James David (Chairman, President & CEO, as filed), filing under that title since 2019-01-07, 7.8 years (top 50% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 3.1 years (bottom 3%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (bottom 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge12 in three years among 17 peoplebottom 7% of its family
  • the median years the people in charge have filed3.1 yearsbottom 3% of its family
  • the chief executive's years on the record7.8 yearstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.7/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.3/10

How much room does it have to grow?

top 47% of 35 in its family for room to expand.

weight 33% of this tense · 53rd percentile among 35 sector filers · read for itself

From the record

ADT Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $109 million against debt of $7.4 billion leaves -46% of its assets as net cash, bottom 16% of its family; cash from operations less capital spending is 33.3% of revenue (top 10%) (its annual report).

What it rests on

  • cash less debt against assets-46.0%bottom 16% of its family
  • cash from operations less capital spending against revenue33.3%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 34 in its family for growth drivers.

weight 45% of this tense · 58th percentile among 34 sector filers · read for its customers

From the record

ADT Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 5.4% a year over the last three filed years against 0% over all 7, speeding up (top 13% of its family); the newest year grew 4.7% (bottom 34%); capital spending grew -0.2% a year (top 47%) (its annual reports). ADT Inc. reported 4 product lines in fiscal 2025: Recurring Monthly Revenue at $4.2 billion (82%), Installation Revenue at $416 million (8%), Amortization of Deferred Subscriber Acquisition Revenue at $358 million (7%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+5.4 points a yeartop 13% of its family
  • the newest year's revenue growth4.7%bottom 34% of its family
  • three-year growth of capital spending-0.2%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.9/10

Did its newest year beat what its own record pointed to?

top 41% of 29 in its family for expectations against reality.

weight 22% of this tense · 59th percentile among 29 sector filers · read for its shareholders

From the record

ADT Inc.'s newest year against its own record: revenue of $5.1 billion in fiscal 2025 came in 1% below the $5.2 billion its prior three years' pace pointed to (bottom 36% of its family); net income of $596 million against a prior three-year average of $366 million (top 29%); a net margin of 11.6% against 7.7% before (top 29%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-1.0%bottom 36% of its family
  • net income against the prior three years' average+63%top 29% of its family
  • net margin against its prior average+3.9 pointstop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ADT · research, not advice