Automatic Data Processing, Inc. (ADP)
Automatic Data Processing, Inc. operates in the Software - Application industry of the Technology sector, headquartered in Roseland, NJ, US. The stock last traded at $271.35, up 0.05% on the session, giving a market capitalisation of $108.47B. On trailing twelve-month figures it carries a trailing P/E of 24.74, a net margin of 20.1%. Its beta of 0.83 implies it has historically moved less than the broad market.
Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a wide array of services such as payroll processing, benefits administration, talent acquisition and management, general HR and workforce management, insurance, retirement planning, and regulatory compliance, often integrated into holistic HCM solutions. Conversely, the Professional Employer Organization (PEO) segment specializes in offering HR outsourcing to small and mid-sized businesses, leveraging a co-employment framework. This segment's offerings span robust benefits packages, regulatory protection and compliance, talent engagement strategies, specialized HR expertise, all-encompassing outsourcing, and even recruitment process outsourcing. Established in 1949, ADP maintains its corporate headquarters in Roseland, New Jersey.
Automatic Data Processing, Inc. is most often compared with the following Technology names: