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Side-by-side financial comparison of Automatic Data Processing (ADP) and PPG Industries (PPG). Click either name above to swap in a different company.
Automatic Data Processing is the larger business by last-quarter revenue ($5.9B vs $3.9B, roughly 1.5× PPG Industries). Automatic Data Processing runs the higher net margin — 22.9% vs 9.8%, a 13.1% gap on every dollar of revenue. On growth, Automatic Data Processing posted the faster year-over-year revenue change (7.0% vs 6.7%). Over the past eight quarters, Automatic Data Processing's revenue compounded faster (11.6% CAGR vs -9.5%).
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.
PPG Industries, Inc. is an American supplier of paints, coatings, and specialty materials based in Pittsburgh, Pennsylvania. It operates in more than 70 countries globally. A member of the Fortune 500, PPG is the second largest coatings company in the world by revenue, behind Sherwin-Williams. It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Postmodern architect Philip Johnson.
ADP vs PPG — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.9B | $3.9B |
| Net Profit | $1.4B | $385.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 22.9% | 9.8% |
| Revenue YoY | 7.0% | 6.7% |
| Net Profit YoY | 8.4% | 1.9% |
| 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 | $3.9B | ||
| Q4 25 | $5.4B | $3.9B | ||
| Q3 25 | $5.2B | $4.1B | ||
| Q2 25 | $5.1B | $4.2B | ||
| Q1 25 | $5.6B | $3.7B | ||
| Q4 24 | $5.0B | $2.2B | ||
| Q3 24 | $4.8B | $4.6B | ||
| Q2 24 | $4.8B | $4.8B |
| Q1 26 | $1.4B | $385.0M | ||
| Q4 25 | $1.1B | $300.0M | ||
| Q3 25 | $1.0B | $453.0M | ||
| Q2 25 | $910.7M | $450.0M | ||
| Q1 25 | $1.2B | $373.0M | ||
| Q4 24 | $963.2M | $-280.0M | ||
| Q3 24 | $956.3M | $468.0M | ||
| Q2 24 | $829.3M | $528.0M |
| Q1 26 | — | — | ||
| Q4 25 | 46.1% | 40.8% | ||
| Q3 25 | 45.2% | 40.6% | ||
| Q2 25 | 45.1% | 42.0% | ||
| Q1 25 | 47.7% | 41.9% | ||
| Q4 24 | 45.7% | 34.9% | ||
| Q3 24 | 45.5% | 41.8% | ||
| Q2 24 | 44.8% | 43.0% |
| Q1 26 | — | — | ||
| Q4 25 | 25.8% | 9.9% | ||
| Q3 25 | 25.3% | 16.9% | ||
| Q2 25 | 23.2% | 17.7% | ||
| Q1 25 | 29.2% | 16.5% | ||
| Q4 24 | 25.0% | 0.5% | ||
| Q3 24 | 25.6% | 15.6% | ||
| Q2 24 | 22.8% | 17.3% |
| Q1 26 | 22.9% | 9.8% | ||
| Q4 25 | 19.8% | 7.7% | ||
| Q3 25 | 19.6% | 11.1% | ||
| Q2 25 | 17.8% | 10.7% | ||
| Q1 25 | 22.5% | 10.1% | ||
| Q4 24 | 19.1% | -12.9% | ||
| Q3 24 | 19.8% | 10.2% | ||
| Q2 24 | 17.4% | 11.0% |
| Q1 26 | $3.38 | — | ||
| Q4 25 | $2.62 | $1.33 | ||
| Q3 25 | $2.49 | $2.00 | ||
| Q2 25 | $2.23 | $1.98 | ||
| Q1 25 | $3.06 | $1.63 | ||
| Q4 24 | $2.35 | $-1.18 | ||
| Q3 24 | $2.34 | $2.00 | ||
| Q2 24 | $2.01 | $2.24 |
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 | $1.6B |
| Total DebtLower is stronger | $4.0B | $6.4B |
| Stockholders' EquityBook value | $6.4B | — |
| Total Assets | $64.5B | — |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | $1.6B | ||
| Q4 25 | $2.5B | $2.2B | ||
| Q3 25 | $7.9B | $1.9B | ||
| Q2 25 | $7.8B | $1.6B | ||
| Q1 25 | $2.7B | $1.9B | ||
| Q4 24 | $2.2B | $1.4B | ||
| Q3 24 | $7.3B | $1.3B | ||
| Q2 24 | $3.3B | $1.2B |
| Q1 26 | $4.0B | $6.4B | ||
| Q4 25 | — | $7.3B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.4B |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.4B | $7.9B | ||
| Q3 25 | $6.4B | $7.8B | ||
| Q2 25 | $6.2B | $7.6B | ||
| Q1 25 | $5.9B | $6.9B | ||
| Q4 24 | $5.1B | $6.8B | ||
| Q3 24 | $5.3B | $7.8B | ||
| Q2 24 | $4.5B | $7.8B |
| Q1 26 | $64.5B | — | ||
| Q4 25 | $84.6B | $22.1B | ||
| Q3 25 | $54.3B | $22.1B | ||
| Q2 25 | $53.4B | $22.1B | ||
| Q1 25 | $56.4B | $21.1B | ||
| Q4 24 | $64.1B | $19.4B | ||
| Q3 24 | $49.5B | $21.9B | ||
| Q2 24 | $54.4B | $21.7B |
| Q1 26 | 0.63× | — | ||
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.94× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 0.82× |
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% |
PPG
Segment breakdown not available.
