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Side-by-side financial comparison of Automatic Data Processing (ADP) and Coca-Cola Company (The) (KO). Click either name above to swap in a different company.
Coca-Cola Company (The) is the larger business by last-quarter revenue ($11.8B vs $5.9B, roughly 2.0× Automatic Data Processing). Automatic Data Processing runs the higher net margin — 22.9% vs 19.2%, a 3.7% gap on every dollar of revenue. On growth, Automatic Data Processing posted the faster year-over-year revenue change (7.0% vs 2.4%). Over the past eight quarters, Automatic Data Processing's revenue compounded faster (11.6% CAGR vs 2.3%).
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.
The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock is listed on the New York Stock Exchange and is a component of the DJIA and the S&P 500 and S&P 100 indices.
ADP vs KO — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.9B | $11.8B |
| Net Profit | $1.4B | $2.3B |
| Gross Margin | — | 60.0% |
| Operating Margin | — | 15.6% |
| Net Margin | 22.9% | 19.2% |
| Revenue YoY | 7.0% | 2.4% |
| Net Profit YoY | 8.4% | 3.5% |
| EPS (diluted) | $3.38 | $0.53 |
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 | $11.8B | ||
| Q3 25 | $5.2B | $12.5B | ||
| Q2 25 | $5.1B | $12.5B | ||
| Q1 25 | $5.6B | $11.1B | ||
| Q4 24 | $5.0B | $11.5B | ||
| Q3 24 | $4.8B | $11.9B | ||
| Q2 24 | $4.8B | $12.4B |
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.0B | $3.7B | ||
| Q2 25 | $910.7M | $3.8B | ||
| Q1 25 | $1.2B | $3.3B | ||
| Q4 24 | $963.2M | $2.2B | ||
| Q3 24 | $956.3M | $2.8B | ||
| Q2 24 | $829.3M | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | 46.1% | 60.0% | ||
| Q3 25 | 45.2% | 61.5% | ||
| Q2 25 | 45.1% | 62.4% | ||
| Q1 25 | 47.7% | 62.6% | ||
| Q4 24 | 45.7% | 60.0% | ||
| Q3 24 | 45.5% | 60.7% | ||
| Q2 24 | 44.8% | 61.1% |
| Q1 26 | — | — | ||
| Q4 25 | 25.8% | 15.6% | ||
| Q3 25 | 25.3% | 32.0% | ||
| Q2 25 | 23.2% | 34.1% | ||
| Q1 25 | 29.2% | 32.9% | ||
| Q4 24 | 25.0% | 23.5% | ||
| Q3 24 | 25.6% | 21.2% | ||
| Q2 24 | 22.8% | 21.3% |
| Q1 26 | 22.9% | — | ||
| Q4 25 | 19.8% | 19.2% | ||
| Q3 25 | 19.6% | 29.7% | ||
| Q2 25 | 17.8% | 30.4% | ||
| Q1 25 | 22.5% | 29.9% | ||
| Q4 24 | 19.1% | 19.0% | ||
| Q3 24 | 19.8% | 24.0% | ||
| Q2 24 | 17.4% | 19.5% |
| Q1 26 | $3.38 | — | ||
| Q4 25 | $2.62 | $0.53 | ||
| Q3 25 | $2.49 | $0.86 | ||
| Q2 25 | $2.23 | $0.88 | ||
| Q1 25 | $3.06 | $0.77 | ||
| Q4 24 | $2.35 | $0.50 | ||
| Q3 24 | $2.34 | $0.66 | ||
| Q2 24 | $2.01 | $0.56 |
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 | $10.3B |
| Total DebtLower is stronger | $4.0B | $42.1B |
| Stockholders' EquityBook value | $6.4B | $32.2B |
| Total Assets | $64.5B | $104.8B |
| Debt / EquityLower = less leverage | 0.63× | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | — | ||
| Q4 25 | $2.5B | $10.3B | ||
| Q3 25 | $7.9B | $12.7B | ||
| Q2 25 | $7.8B | $9.6B | ||
| Q1 25 | $2.7B | $8.4B | ||
| Q4 24 | $2.2B | $10.8B | ||
| Q3 24 | $7.3B | $13.9B | ||
| Q2 24 | $3.3B | $13.7B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | — | $42.1B | ||
| Q3 25 | — | $43.2B | ||
| Q2 25 | — | $45.0B | ||
| Q1 25 | — | $43.5B | ||
| Q4 24 | — | $42.4B | ||
| Q3 24 | — | $43.0B | ||
| Q2 24 | — | $38.1B |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.4B | $32.2B | ||
| Q3 25 | $6.4B | $31.2B | ||
| Q2 25 | $6.2B | $28.6B | ||
| Q1 25 | $5.9B | $26.2B | ||
| Q4 24 | $5.1B | $24.9B | ||
| Q3 24 | $5.3B | $26.5B | ||
| Q2 24 | $4.5B | $25.9B |
| Q1 26 | $64.5B | — | ||
| Q4 25 | $84.6B | $104.8B | ||
| Q3 25 | $54.3B | $106.0B | ||
| Q2 25 | $53.4B | $104.3B | ||
| Q1 25 | $56.4B | $101.7B | ||
| Q4 24 | $64.1B | $100.5B | ||
| Q3 24 | $49.5B | $106.3B | ||
| Q2 24 | $54.4B | $101.2B |
| Q1 26 | 0.63× | — | ||
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.47× |
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 | — | $3.8B |
| Free Cash FlowOCF − Capex | — | $2.9B |
| FCF MarginFCF / Revenue | — | 24.3% |
| Capex IntensityCapex / Revenue | 2.1% | 7.5% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $5.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $3.8B | ||
| Q3 25 | $642.3M | $5.0B | ||
| Q2 25 | $1.4B | $3.8B | ||
| Q1 25 | $1.5B | $-5.2B | ||
| Q4 24 | $1.2B | $4.0B | ||
| Q3 24 | $824.4M | $-1.3B | ||
| Q2 24 | $1.3B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $4.6B | ||
| Q2 25 | — | $3.4B | ||
| Q1 25 | — | $-5.5B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $-1.7B | ||
| Q2 24 | — | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | -49.5% | ||
| Q4 24 | — | 27.3% | ||
| Q3 24 | — | -14.6% | ||
| Q2 24 | — | 25.6% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 7.0% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.07× | 1.65× | ||
| Q3 25 | 0.63× | 1.36× | ||
| Q2 25 | 1.58× | 1.00× | ||
| Q1 25 | 1.22× | -1.56× | ||
| Q4 24 | 1.19× | 1.80× | ||
| Q3 24 | 0.86× | -0.44× | ||
| Q2 24 | 1.57× | 1.49× |
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% |
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
