Automatic Data Processing
ADP
#155
Rank
$89.44 B
Marketcap
$216.52
Share price
2.22%
Change (1 day)
-3.21%
Change (1 year)

Automatic Data Processing, Inc., also known as ADP, is a provider of human resources management software and services. With around 620,000 customers, ADP is one of the world's largest independent IT service companies and is considered a leading provider of HR services such as payroll, time recording and travel expense management.

Operating Margin for Automatic Data Processing (ADP)

Operating Margin as of June 2023 (TTM): 24.97%

According to Automatic Data Processing's latest financial reports and stock price the company's current Operating Margin is 24.97%. At the end of 2022 the company had an Operating Margin of 23.71%.

Operating Margin history for Automatic Data Processing from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202223.71%2.85%
202123.05%1.71%
202022.66%2.64%
201922.08%30.77%
201816.88%-20.07%
201721.12%6.72%
201619.79%0.95%
201519.61%2%
201419.22%0.43%
201319.14%-8.25%
201220.86%0.81%
201120.69%-0.84%
201020.87%-2.84%
200921.48%4.04%
200820.65%-0.81%
200720.81%6.06%
200619.63%-0.59%
200519.74%2.43%
200419.27%-16.28%
200323.02%-9.77%
200225.51%17.4%
200121.73%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.49% 22.13%๐Ÿ‡บ๐Ÿ‡ธ USA
15.37%-38.45%๐Ÿ‡บ๐Ÿ‡ธ USA
19.73%-20.99%๐Ÿ‡บ๐Ÿ‡ธ USA
14.00%-43.93%๐Ÿ‡บ๐Ÿ‡ธ USA
39.56% 58.43%๐Ÿ‡บ๐Ÿ‡ธ USA
14.77%-40.85%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
5.69%-77.21%๐Ÿ‡บ๐Ÿ‡ธ USA
10.23%-59.03%๐Ÿ‡บ๐Ÿ‡ธ USA
3.38%-86.46%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.