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Side-by-side financial comparison of Automatic Data Processing (ADP) and CBRE Group (CBRE). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($10.5B vs $5.9B, roughly 1.8× Automatic Data Processing). Automatic Data Processing runs the higher net margin — 22.9% vs 3.0%, a 19.9% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs 7.0%). Over the past eight quarters, CBRE Group's revenue compounded faster (13.0% CAGR vs 11.6%).
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.
CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers
ADP vs CBRE — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.9B | $10.5B |
| Net Profit | $1.4B | $318.0M |
| Gross Margin | — | 17.6% |
| Operating Margin | — | 4.9% |
| Net Margin | 22.9% | 3.0% |
| Revenue YoY | 7.0% | 22.0% |
| Net Profit YoY | 8.4% | 95.1% |
| EPS (diluted) | $3.38 | — |
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 | $10.5B | ||
| Q4 25 | $5.4B | $11.5B | ||
| Q3 25 | $5.2B | $10.1B | ||
| Q2 25 | $5.1B | $9.6B | ||
| Q1 25 | $5.6B | $8.8B | ||
| Q4 24 | $5.0B | $10.2B | ||
| Q3 24 | $4.8B | $8.8B | ||
| Q2 24 | $4.8B | $8.2B |
| Q1 26 | $1.4B | $318.0M | ||
| Q4 25 | $1.1B | $416.0M | ||
| Q3 25 | $1.0B | $363.0M | ||
| Q2 25 | $910.7M | $215.0M | ||
| Q1 25 | $1.2B | $163.0M | ||
| Q4 24 | $963.2M | $487.0M | ||
| Q3 24 | $956.3M | $225.0M | ||
| Q2 24 | $829.3M | $130.0M |
| Q1 26 | — | 17.6% | ||
| Q4 25 | 46.1% | 17.3% | ||
| Q3 25 | 45.2% | 17.7% | ||
| Q2 25 | 45.1% | 17.1% | ||
| Q1 25 | 47.7% | 17.1% | ||
| Q4 24 | 45.7% | 18.7% | ||
| Q3 24 | 45.5% | 18.1% | ||
| Q2 24 | 44.8% | 17.6% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 25.8% | 5.4% | ||
| Q3 25 | 25.3% | 4.8% | ||
| Q2 25 | 23.2% | 3.9% | ||
| Q1 25 | 29.2% | 3.1% | ||
| Q4 24 | 25.0% | 5.8% | ||
| Q3 24 | 25.6% | 4.2% | ||
| Q2 24 | 22.8% | 3.0% |
| Q1 26 | 22.9% | 3.0% | ||
| Q4 25 | 19.8% | 3.6% | ||
| Q3 25 | 19.6% | 3.6% | ||
| Q2 25 | 17.8% | 2.2% | ||
| Q1 25 | 22.5% | 1.9% | ||
| Q4 24 | 19.1% | 4.8% | ||
| Q3 24 | 19.8% | 2.5% | ||
| Q2 24 | 17.4% | 1.6% |
| Q1 26 | $3.38 | — | ||
| Q4 25 | $2.62 | $1.38 | ||
| Q3 25 | $2.49 | $1.21 | ||
| Q2 25 | $2.23 | $0.72 | ||
| Q1 25 | $3.06 | $0.54 | ||
| Q4 24 | $2.35 | $1.58 | ||
| Q3 24 | $2.34 | $0.73 | ||
| Q2 24 | $2.01 | $0.42 |
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 | $1.7B |
| Total DebtLower is stronger | $4.0B | $5.1B |
| Stockholders' EquityBook value | $6.4B | $8.9B |
| Total Assets | $64.5B | $30.2B |
| Debt / EquityLower = less leverage | 0.63× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | $1.7B | ||
| Q4 25 | $2.5B | $1.9B | ||
| Q3 25 | $7.9B | $1.7B | ||
| Q2 25 | $7.8B | $1.4B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $2.2B | $1.1B | ||
| Q3 24 | $7.3B | $1.0B | ||
| Q2 24 | $3.3B | $928.0M |
| Q1 26 | $4.0B | $5.1B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $6.4B | $8.9B | ||
| Q4 25 | $6.4B | $8.9B | ||
| Q3 25 | $6.4B | $8.5B | ||
| Q2 25 | $6.2B | $8.3B | ||
| Q1 25 | $5.9B | $8.3B | ||
| Q4 24 | $5.1B | $8.4B | ||
| Q3 24 | $5.3B | $8.7B | ||
| Q2 24 | $4.5B | $8.4B |
| Q1 26 | $64.5B | $30.2B | ||
| Q4 25 | $84.6B | $30.9B | ||
| Q3 25 | $54.3B | $28.6B | ||
| Q2 25 | $53.4B | $27.7B | ||
| Q1 25 | $56.4B | $26.4B | ||
| Q4 24 | $64.1B | $24.4B | ||
| Q3 24 | $49.5B | $24.8B | ||
| Q2 24 | $54.4B | $23.5B |
| Q1 26 | 0.63× | 0.57× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-825.0M |
| Free Cash FlowOCF − Capex | — | $-605.0M |
| FCF MarginFCF / Revenue | — | -5.7% |
| Capex IntensityCapex / Revenue | 2.1% | 0.8% |
| Cash ConversionOCF / Net Profit | — | -2.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-825.0M | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $642.3M | $827.0M | ||
| Q2 25 | $1.4B | $57.0M | ||
| Q1 25 | $1.5B | $-546.0M | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $824.4M | $573.0M | ||
| Q2 24 | $1.3B | $287.0M |
| Q1 26 | — | $-605.0M | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.0M | ||
| Q2 25 | — | $-17.0M | ||
| Q1 25 | — | $-610.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $494.0M | ||
| Q2 24 | — | $220.0M |
| Q1 26 | — | -5.7% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | -0.2% | ||
| Q1 25 | — | -7.0% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | — | 2.7% |
| Q1 26 | 2.1% | 0.8% | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.8% |
| Q1 26 | — | -2.59× | ||
| Q4 25 | 1.07× | 2.94× | ||
| Q3 25 | 0.63× | 2.28× | ||
| Q2 25 | 1.58× | 0.27× | ||
| Q1 25 | 1.22× | -3.35× | ||
| Q4 24 | 1.19× | 2.75× | ||
| Q3 24 | 0.86× | 2.55× | ||
| Q2 24 | 1.57× | 2.21× |
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% |
CBRE
Segment breakdown not available.
