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Side-by-side financial comparison of Automatic Data Processing (ADP) and BJ's Wholesale Club Holdings, Inc. (BJ). Click either name above to swap in a different company.
Automatic Data Processing is the larger business by last-quarter revenue ($5.9B vs $5.3B, roughly 1.1× BJ's Wholesale Club Holdings, Inc.). Automatic Data Processing runs the higher net margin — 22.9% vs 2.8%, a 20.1% gap on every dollar of revenue. On growth, Automatic Data Processing posted the faster year-over-year revenue change (7.0% vs 4.9%). Over the past eight quarters, Automatic Data Processing's revenue compounded faster (11.6% CAGR vs -0.1%).
Automatic Data Processing, Inc. (ADP) is an American multinational provider of cloud-based human resources management, payroll processing, and professional employer organization (PEO) services, headquartered in Roseland, New Jersey.
BJ's Wholesale Club Holdings, Inc., commonly referred as BJ's, is an American regional membership-only warehouse club chain based in Marlborough, Massachusetts, operating in the eastern United States in addition to Ohio, Michigan, Louisville, Kentucky, Indiana, Tennessee, Florida and Alabama. Its major competitors are Costco Wholesale and Sam's Club.
ADP vs BJ — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.9B | $5.3B |
| Net Profit | $1.4B | $152.1M |
| Gross Margin | — | 19.0% |
| Operating Margin | — | 4.1% |
| Net Margin | 22.9% | 2.8% |
| Revenue YoY | 7.0% | 4.9% |
| Net Profit YoY | 8.4% | -2.4% |
| EPS (diluted) | $3.38 | $1.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.4B | $5.3B | ||
| Q3 25 | $5.2B | $5.4B | ||
| Q2 25 | $5.1B | $5.2B | ||
| Q1 25 | $5.6B | $5.3B | ||
| Q4 24 | $5.0B | $5.1B | ||
| Q3 24 | $4.8B | $5.2B | ||
| Q2 24 | $4.8B | $4.9B |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.1B | $152.1M | ||
| Q3 25 | $1.0B | $150.7M | ||
| Q2 25 | $910.7M | $149.8M | ||
| Q1 25 | $1.2B | $122.7M | ||
| Q4 24 | $963.2M | $155.7M | ||
| Q3 24 | $956.3M | $145.0M | ||
| Q2 24 | $829.3M | $111.0M |
| Q1 26 | — | — | ||
| Q4 25 | 46.1% | 19.0% | ||
| Q3 25 | 45.2% | 18.7% | ||
| Q2 25 | 45.1% | 18.8% | ||
| Q1 25 | 47.7% | 18.0% | ||
| Q4 24 | 45.7% | 19.1% | ||
| Q3 24 | 45.5% | 18.4% | ||
| Q2 24 | 44.8% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 25.8% | 4.1% | ||
| Q3 25 | 25.3% | 4.0% | ||
| Q2 25 | 23.2% | 4.0% | ||
| Q1 25 | 29.2% | 3.4% | ||
| Q4 24 | 25.0% | 4.5% | ||
| Q3 24 | 25.6% | 3.9% | ||
| Q2 24 | 22.8% | 3.3% |
| Q1 26 | 22.9% | — | ||
| Q4 25 | 19.8% | 2.8% | ||
| Q3 25 | 19.6% | 2.8% | ||
| Q2 25 | 17.8% | 2.9% | ||
| Q1 25 | 22.5% | 2.3% | ||
| Q4 24 | 19.1% | 3.1% | ||
| Q3 24 | 19.8% | 2.8% | ||
| Q2 24 | 17.4% | 2.3% |
| Q1 26 | $3.38 | — | ||
| Q4 25 | $2.62 | $1.15 | ||
| Q3 25 | $2.49 | $1.14 | ||
| Q2 25 | $2.23 | $1.13 | ||
| Q1 25 | $3.06 | $0.92 | ||
| Q4 24 | $2.35 | $1.17 | ||
| Q3 24 | $2.34 | $1.08 | ||
| Q2 24 | $2.01 | $0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.2B | $45.1M |
| Total DebtLower is stronger | $4.0B | $399.0M |
| Stockholders' EquityBook value | $6.4B | $2.2B |
| Total Assets | $64.5B | $7.5B |
| Debt / EquityLower = less leverage | 0.63× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | — | ||
| Q4 25 | $2.5B | $45.1M | ||
| Q3 25 | $7.9B | $47.3M | ||
| Q2 25 | $7.8B | $39.5M | ||
| Q1 25 | $2.7B | $28.3M | ||
| Q4 24 | $2.2B | $33.9M | ||
| Q3 24 | $7.3B | $38.1M | ||
| Q2 24 | $3.3B | $35.1M |
| Q1 26 | $4.0B | — | ||
| Q4 25 | — | $399.0M | ||
| Q3 25 | — | $399.0M | ||
| Q2 25 | — | $398.9M | ||
| Q1 25 | — | $398.8M | ||
| Q4 24 | — | $398.7M | ||
| Q3 24 | — | $398.6M | ||
| Q2 24 | — | $398.5M |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.4B | $2.2B | ||
| Q3 25 | $6.4B | $2.1B | ||
| Q2 25 | $6.2B | $2.0B | ||
| Q1 25 | $5.9B | $1.8B | ||
| Q4 24 | $5.1B | $1.8B | ||
| Q3 24 | $5.3B | $1.7B | ||
| Q2 24 | $4.5B | $1.5B |
| Q1 26 | $64.5B | — | ||
| Q4 25 | $84.6B | $7.5B | ||
| Q3 25 | $54.3B | $7.2B | ||
| Q2 25 | $53.4B | $7.2B | ||
| Q1 25 | $56.4B | $7.1B | ||
| Q4 24 | $64.1B | $7.2B | ||
| Q3 24 | $49.5B | $6.9B | ||
| Q2 24 | $54.4B | $6.8B |
| Q1 26 | 0.63× | — | ||
| Q4 25 | — | 0.18× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.23× | ||
| Q3 24 | — | 0.24× | ||
| Q2 24 | — | 0.26× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $181.1M |
| Free Cash FlowOCF − Capex | — | $-13.7M |
| FCF MarginFCF / Revenue | — | -0.3% |
| Capex IntensityCapex / Revenue | 2.1% | 3.6% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | $249.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $181.1M | ||
| Q3 25 | $642.3M | $249.9M | ||
| Q2 25 | $1.4B | $208.1M | ||
| Q1 25 | $1.5B | $271.9M | ||
| Q4 24 | $1.2B | $206.8M | ||
| Q3 24 | $824.4M | $221.4M | ||
| Q2 24 | $1.3B | $200.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-13.7M | ||
| Q3 25 | — | $84.3M | ||
| Q2 25 | — | $67.6M | ||
| Q1 25 | — | $111.5M | ||
| Q4 24 | — | $18.8M | ||
| Q3 24 | — | $87.5M | ||
| Q2 24 | — | $95.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.3% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.9% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.07× | 1.19× | ||
| Q3 25 | 0.63× | 1.66× | ||
| Q2 25 | 1.58× | 1.39× | ||
| Q1 25 | 1.22× | 2.22× | ||
| Q4 24 | 1.19× | 1.33× | ||
| Q3 24 | 0.86× | 1.53× | ||
| Q2 24 | 1.57× | 1.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADP
| Revenues, other than interest on funds held for clients and PEO revenues | $3.6B | 61% |
| PEO revenues (A) (B) (C) | $1.9B | 32% |
| Other | $403.9M | 7% |
BJ
| Products | $5.4B | 102% |
| Membership | $129.8M | 2% |
