Company
Automatic Data Processing, Inc.
Headquarters: Roseland, NJ, United States
Founded: 1949
Employees: 56,000
CEO: Mr. Carlos A. Rodriguez
Market Cap
$96.41 Billion
USD as of July 1, 2024
Automatic Data Processing, Inc. Categories
United States Industrials Staffing & Employment ServicesUnited States Industrials United States Staffing & Employment Services
Top Competitors by Market Capitalization
Industry: Staffing & Employment Services
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|---|---|
| Recruit Holdings Co Ltd | $86.66 B |
| Ergo Science Corp | $55.23 B |
| Paychex, Inc. | $42.27 B |
| Randstad N.V. | $8.28 B |
| Kanzhun Ltd | $8.23 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| General Electric | $178.42 B |
| Caterpillar | $160.58 B |
| Siemens | $149.99 B |
| Schneider Electric | $138.86 B |
| Honeywell | $138.35 B |
Detailed Description
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
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Stocks & Indices
Automatic Data Processing, Inc. has the following listings and related stock indices.
Stock: NASDAQ: ADP wb_incandescent
Stock: FSX: ADP wb_incandescent
Product & Services
Human resource, payroll, tax and benefits administration solutions[buzzword] from a single source
Key People
Founder(s): Henry Taub
Carlos A. Rodriguez (CEO) Maria Black (President) John Ayala (COO) Gus Blanchard (CMO)
Financials
Revenue: US$14.59 billion (2020)
Operating income: US$3.29 billion (2020)
Net income: US$2.47 billion (2020)
Total assets: US$39.17 billion (2020)
Total equity: US$5.75 billion (2020)