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Side-by-side financial comparison of Automatic Data Processing (ADP) and MATERION Corp (MTRN). Click either name above to swap in a different company.
Automatic Data Processing is the larger business by last-quarter revenue ($5.4B vs $489.8M, roughly 10.9× MATERION Corp). Automatic Data Processing runs the higher net margin — 19.8% vs 1.3%, a 18.5% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (12.1% vs 6.2%). Over the past eight quarters, MATERION Corp's revenue compounded faster (12.7% CAGR vs 1.0%).
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.
Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are advanced beryllium metals, thin film deposition materials, high-performance alloys and composites, specialty engineered beryllium, engineered metals, technical ceramics, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, and specialty coatings.
ADP vs MTRN — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $489.8M |
| Net Profit | $1.1B | $6.6M |
| Gross Margin | 46.1% | 13.0% |
| Operating Margin | 25.8% | 2.2% |
| Net Margin | 19.8% | 1.3% |
| Revenue YoY | 6.2% | 12.1% |
| Net Profit YoY | 10.3% | 113.5% |
| EPS (diluted) | $2.62 | $0.30 |
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.
| Q4 25 | $5.4B | $489.8M | ||
| Q3 25 | $5.2B | $444.8M | ||
| Q2 25 | $5.1B | $431.7M | ||
| Q1 25 | $5.6B | $420.3M | ||
| Q4 24 | $5.0B | $436.9M | ||
| Q3 24 | $4.8B | $436.7M | ||
| Q2 24 | $4.8B | $425.9M | ||
| Q1 24 | $5.3B | $385.3M |
| Q4 25 | $1.1B | $6.6M | ||
| Q3 25 | $1.0B | $25.4M | ||
| Q2 25 | $910.7M | $25.1M | ||
| Q1 25 | $1.2B | $17.7M | ||
| Q4 24 | $963.2M | $-48.9M | ||
| Q3 24 | $956.3M | $22.3M | ||
| Q2 24 | $829.3M | $19.0M | ||
| Q1 24 | $1.2B | $13.4M |
| Q4 25 | 46.1% | 13.0% | ||
| Q3 25 | 45.2% | 19.4% | ||
| Q2 25 | 45.1% | 19.1% | ||
| Q1 25 | 47.7% | 18.1% | ||
| Q4 24 | 45.7% | 21.3% | ||
| Q3 24 | 45.5% | 18.5% | ||
| Q2 24 | 44.8% | 19.0% | ||
| Q1 24 | 47.3% | 18.5% |
| Q4 25 | 25.8% | 2.2% | ||
| Q3 25 | 25.3% | 7.9% | ||
| Q2 25 | 23.2% | 8.5% | ||
| Q1 25 | 29.2% | 6.5% | ||
| Q4 24 | 25.0% | -8.8% | ||
| Q3 24 | 25.6% | 7.2% | ||
| Q2 24 | 22.8% | 7.5% | ||
| Q1 24 | 29.4% | 5.8% |
| Q4 25 | 19.8% | 1.3% | ||
| Q3 25 | 19.6% | 5.7% | ||
| Q2 25 | 17.8% | 5.8% | ||
| Q1 25 | 22.5% | 4.2% | ||
| Q4 24 | 19.1% | -11.2% | ||
| Q3 24 | 19.8% | 5.1% | ||
| Q2 24 | 17.4% | 4.5% | ||
| Q1 24 | 22.6% | 3.5% |
| Q4 25 | $2.62 | $0.30 | ||
| Q3 25 | $2.49 | $1.22 | ||
| Q2 25 | $2.23 | $1.21 | ||
| Q1 25 | $3.06 | $0.85 | ||
| Q4 24 | $2.35 | $-2.34 | ||
| Q3 24 | $2.34 | $1.07 | ||
| Q2 24 | $2.01 | $0.91 | ||
| Q1 24 | $2.88 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.5B | $13.7M |
| Total DebtLower is stronger | — | $460.6M |
| Stockholders' EquityBook value | $6.4B | $943.3M |
| Total Assets | $84.6B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5B | $13.7M | ||
| Q3 25 | $7.9B | $16.4M | ||
| Q2 25 | $7.8B | $12.6M | ||
| Q1 25 | $2.7B | $15.6M | ||
| Q4 24 | $2.2B | $16.7M | ||
| Q3 24 | $7.3B | $17.9M | ||
| Q2 24 | $3.3B | $17.1M | ||
| Q1 24 | $3.3B | $13.1M |
| Q4 25 | — | $460.6M | ||
| Q3 25 | — | $458.9M | ||
| Q2 25 | — | $427.6M | ||
| Q1 25 | — | $453.0M | ||
| Q4 24 | — | $443.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $477.9M |
| Q4 25 | $6.4B | $943.3M | ||
| Q3 25 | $6.4B | $934.6M | ||
| Q2 25 | $6.2B | $910.6M | ||
| Q1 25 | $5.9B | $887.9M | ||
| Q4 24 | $5.1B | $868.9M | ||
| Q3 24 | $5.3B | $931.9M | ||
| Q2 24 | $4.5B | $907.1M | ||
| Q1 24 | $4.6B | $889.9M |
| Q4 25 | $84.6B | $1.8B | ||
| Q3 25 | $54.3B | $1.8B | ||
| Q2 25 | $53.4B | $1.7B | ||
| Q1 25 | $56.4B | $1.8B | ||
| Q4 24 | $64.1B | $1.7B | ||
| Q3 24 | $49.5B | $1.9B | ||
| Q2 24 | $54.4B | $1.8B | ||
| Q1 24 | $64.2B | $1.8B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.54× |
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 | $1.1B | $19.5M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.07× | 2.97× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $19.5M | ||
| Q3 25 | $642.3M | $18.3M | ||
| Q2 25 | $1.4B | $49.9M | ||
| Q1 25 | $1.5B | $15.5M | ||
| Q4 24 | $1.2B | $76.3M | ||
| Q3 24 | $824.4M | $5.1M | ||
| Q2 24 | $1.3B | $20.3M | ||
| Q1 24 | $1.5B | $-13.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $3.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-24.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-35.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -5.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -9.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 5.5% |
| Q4 25 | 1.07× | 2.97× | ||
| Q3 25 | 0.63× | 0.72× | ||
| Q2 25 | 1.58× | 1.99× | ||
| Q1 25 | 1.22× | 0.88× | ||
| Q4 24 | 1.19× | — | ||
| Q3 24 | 0.86× | 0.23× | ||
| Q2 24 | 1.57× | 1.07× | ||
| Q1 24 | 1.26× | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADP
| HCM | $2.2B | 42% |
| PEO Zero Margin Benefits Pass Throughs | $1.1B | 21% |
| HRO | $979.3M | 18% |
| Global | $709.3M | 13% |
| Interest On Funds Held For Clients | $308.6M | 6% |
MTRN
| Electronic Materials | $313.9M | 64% |
| Aerospaceand Defense | $48.4M | 10% |
| Industrial Components | $34.3M | 7% |
| Precision Optics | $27.5M | 6% |
| Other End Market | $22.3M | 5% |
| Energy | $18.8M | 4% |
| Automotive Electronics | $18.5M | 4% |
| Semiconductor | $3.6M | 1% |
| Consumer Electronics | $362.0K | 0% |
