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Side-by-side financial comparison of Automatic Data Processing (ADP) and TRIMAS CORP (TRS). Click either name above to swap in a different company.
Automatic Data Processing runs the higher net margin — 19.8% vs -58.4%, a 78.2% gap on every dollar of revenue. On growth, Automatic Data Processing posted the faster year-over-year revenue change (6.2% vs -111.6%). Over the past eight quarters, TRIMAS CORP's revenue compounded faster (NaN% CAGR vs NaN%).
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.
Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.
ADP vs TRS — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $-140.0M |
| Net Profit | $1.1B | $81.7M |
| Gross Margin | 46.1% | — |
| Operating Margin | 25.8% | — |
| Net Margin | 19.8% | -58.4% |
| Revenue YoY | 6.2% | -111.6% |
| Net Profit YoY | 10.3% | 1348.6% |
| EPS (diluted) | $2.62 | $2.01 |
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 | $-140.0M | ||
| Q3 25 | $5.2B | $269.3M | ||
| Q2 25 | $5.1B | $274.8M | ||
| Q1 25 | $5.6B | $241.7M | ||
| Q4 24 | $5.0B | $-66.2M | ||
| Q3 24 | $4.8B | $229.4M | ||
| Q2 24 | $4.8B | $240.5M | ||
| Q1 24 | $5.3B | $227.1M |
| Q4 25 | $1.1B | $81.7M | ||
| Q3 25 | $1.0B | $9.3M | ||
| Q2 25 | $910.7M | $16.7M | ||
| Q1 25 | $1.2B | $12.4M | ||
| Q4 24 | $963.2M | $5.6M | ||
| Q3 24 | $956.3M | $2.5M | ||
| Q2 24 | $829.3M | $10.9M | ||
| Q1 24 | $1.2B | $5.1M |
| Q4 25 | 46.1% | — | ||
| Q3 25 | 45.2% | 12.8% | ||
| Q2 25 | 45.1% | 13.8% | ||
| Q1 25 | 47.7% | 13.6% | ||
| Q4 24 | 45.7% | — | ||
| Q3 24 | 45.5% | 15.4% | ||
| Q2 24 | 44.8% | 14.4% | ||
| Q1 24 | 47.3% | 16.4% |
| Q4 25 | 25.8% | — | ||
| Q3 25 | 25.3% | 6.2% | ||
| Q2 25 | 23.2% | 9.9% | ||
| Q1 25 | 29.2% | 9.0% | ||
| Q4 24 | 25.0% | — | ||
| Q3 24 | 25.6% | 3.6% | ||
| Q2 24 | 22.8% | 7.4% | ||
| Q1 24 | 29.4% | 5.5% |
| Q4 25 | 19.8% | -58.4% | ||
| Q3 25 | 19.6% | 3.5% | ||
| Q2 25 | 17.8% | 6.1% | ||
| Q1 25 | 22.5% | 5.1% | ||
| Q4 24 | 19.1% | -8.5% | ||
| Q3 24 | 19.8% | 1.1% | ||
| Q2 24 | 17.4% | 4.5% | ||
| Q1 24 | 22.6% | 2.3% |
| Q4 25 | $2.62 | $2.01 | ||
| Q3 25 | $2.49 | $0.23 | ||
| Q2 25 | $2.23 | $0.41 | ||
| Q1 25 | $3.06 | $0.30 | ||
| Q4 24 | $2.35 | $0.14 | ||
| Q3 24 | $2.34 | $0.06 | ||
| Q2 24 | $2.01 | $0.27 | ||
| Q1 24 | $2.88 | $0.13 |
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 | $30.0M |
| Total DebtLower is stronger | — | $469.2M |
| Stockholders' EquityBook value | $6.4B | $705.6M |
| Total Assets | $84.6B | $1.5B |
| Debt / EquityLower = less leverage | — | 0.66× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5B | $30.0M | ||
| Q3 25 | $7.9B | $33.6M | ||
| Q2 25 | $7.8B | $30.3M | ||
| Q1 25 | $2.7B | $32.7M | ||
| Q4 24 | $2.2B | $23.1M | ||
| Q3 24 | $7.3B | $26.9M | ||
| Q2 24 | $3.3B | $35.0M | ||
| Q1 24 | $3.3B | $30.5M |
| Q4 25 | — | $469.2M | ||
| Q3 25 | — | $407.1M | ||
| Q2 25 | — | $424.5M | ||
| Q1 25 | — | $434.2M | ||
| Q4 24 | — | $398.1M | ||
| Q3 24 | — | $409.9M | ||
| Q2 24 | — | $427.4M | ||
| Q1 24 | — | $424.9M |
| Q4 25 | $6.4B | $705.6M | ||
| Q3 25 | $6.4B | $725.0M | ||
| Q2 25 | $6.2B | $715.3M | ||
| Q1 25 | $5.9B | $686.6M | ||
| Q4 24 | $5.1B | $667.3M | ||
| Q3 24 | $5.3B | $682.8M | ||
| Q2 24 | $4.5B | $675.9M | ||
| Q1 24 | $4.6B | $673.2M |
| Q4 25 | $84.6B | $1.5B | ||
| Q3 25 | $54.3B | $1.4B | ||
| Q2 25 | $53.4B | $1.4B | ||
| Q1 25 | $56.4B | $1.4B | ||
| Q4 24 | $64.1B | $1.3B | ||
| Q3 24 | $49.5B | $1.4B | ||
| Q2 24 | $54.4B | $1.4B | ||
| Q1 24 | $64.2B | $1.4B |
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.63× |
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 | $41.5M |
| Free Cash FlowOCF − Capex | — | $36.8M |
| FCF MarginFCF / Revenue | — | -26.3% |
| Capex IntensityCapex / Revenue | — | -3.4% |
| Cash ConversionOCF / Net Profit | 1.07× | 0.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $69.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $41.5M | ||
| Q3 25 | $642.3M | $36.5M | ||
| Q2 25 | $1.4B | $30.3M | ||
| Q1 25 | $1.5B | $9.2M | ||
| Q4 24 | $1.2B | $27.1M | ||
| Q3 24 | $824.4M | $22.0M | ||
| Q2 24 | $1.3B | $18.4M | ||
| Q1 24 | $1.5B | $-3.7M |
| Q4 25 | — | $36.8M | ||
| Q3 25 | — | $22.8M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $-3.8M | ||
| Q4 24 | — | $12.1M | ||
| Q3 24 | — | $10.2M | ||
| Q2 24 | — | $7.5M | ||
| Q1 24 | — | $-16.9M |
| Q4 25 | — | -26.3% | ||
| Q3 25 | — | 8.5% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -1.6% | ||
| Q4 24 | — | -18.3% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | -7.5% |
| Q4 25 | — | -3.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | -22.6% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | 1.07× | 0.51× | ||
| Q3 25 | 0.63× | 3.92× | ||
| Q2 25 | 1.58× | 1.81× | ||
| Q1 25 | 1.22× | 0.74× | ||
| Q4 24 | 1.19× | 4.80× | ||
| Q3 24 | 0.86× | 8.71× | ||
| Q2 24 | 1.57× | 1.68× | ||
| Q1 24 | 1.26× | -0.72× |
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% |
TRS
Segment breakdown not available.
