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Side-by-side financial comparison of Automatic Data Processing (ADP) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $5.4B, roughly 1.1× Automatic Data Processing). Automatic Data Processing runs the higher net margin — 19.8% vs 2.6%, a 17.2% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (10.3% vs 6.2%). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (6.5% 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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
ADP vs WCC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $6.1B |
| Net Profit | $1.1B | $159.8M |
| Gross Margin | 46.1% | 21.2% |
| Operating Margin | 25.8% | 5.3% |
| Net Margin | 19.8% | 2.6% |
| Revenue YoY | 6.2% | 10.3% |
| Net Profit YoY | 10.3% | -3.4% |
| EPS (diluted) | $2.62 | $3.33 |
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 | $6.1B | ||
| Q3 25 | $5.2B | $6.2B | ||
| Q2 25 | $5.1B | $5.9B | ||
| Q1 25 | $5.6B | $5.3B | ||
| Q4 24 | $5.0B | $5.5B | ||
| Q3 24 | $4.8B | $5.5B | ||
| Q2 24 | $4.8B | $5.5B | ||
| Q1 24 | $5.3B | $5.3B |
| Q4 25 | $1.1B | $159.8M | ||
| Q3 25 | $1.0B | $187.5M | ||
| Q2 25 | $910.7M | $174.5M | ||
| Q1 25 | $1.2B | $118.4M | ||
| Q4 24 | $963.2M | $165.4M | ||
| Q3 24 | $956.3M | $204.3M | ||
| Q2 24 | $829.3M | $232.1M | ||
| Q1 24 | $1.2B | $115.8M |
| Q4 25 | 46.1% | 21.2% | ||
| Q3 25 | 45.2% | 21.3% | ||
| Q2 25 | 45.1% | 21.1% | ||
| Q1 25 | 47.7% | 21.1% | ||
| Q4 24 | 45.7% | 21.2% | ||
| Q3 24 | 45.5% | 22.1% | ||
| Q2 24 | 44.8% | 21.9% | ||
| Q1 24 | 47.3% | 21.3% |
| Q4 25 | 25.8% | 5.3% | ||
| Q3 25 | 25.3% | 5.6% | ||
| Q2 25 | 23.2% | 5.5% | ||
| Q1 25 | 29.2% | 4.5% | ||
| Q4 24 | 25.0% | 5.5% | ||
| Q3 24 | 25.6% | 6.1% | ||
| Q2 24 | 22.8% | 5.9% | ||
| Q1 24 | 29.4% | 4.9% |
| Q4 25 | 19.8% | 2.6% | ||
| Q3 25 | 19.6% | 3.0% | ||
| Q2 25 | 17.8% | 3.0% | ||
| Q1 25 | 22.5% | 2.2% | ||
| Q4 24 | 19.1% | 3.0% | ||
| Q3 24 | 19.8% | 3.7% | ||
| Q2 24 | 17.4% | 4.2% | ||
| Q1 24 | 22.6% | 2.2% |
| Q4 25 | $2.62 | $3.33 | ||
| Q3 25 | $2.49 | $3.79 | ||
| Q2 25 | $2.23 | $3.83 | ||
| Q1 25 | $3.06 | $2.10 | ||
| Q4 24 | $2.35 | $3.01 | ||
| Q3 24 | $2.34 | $3.81 | ||
| Q2 24 | $2.01 | $4.28 | ||
| Q1 24 | $2.88 | $1.95 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $6.4B | $5.0B |
| Total Assets | $84.6B | $16.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $3.3B | — | ||
| Q1 24 | $3.3B | — |
| Q4 25 | $6.4B | $5.0B | ||
| Q3 25 | $6.4B | $4.8B | ||
| Q2 25 | $6.2B | $4.8B | ||
| Q1 25 | $5.9B | $5.0B | ||
| Q4 24 | $5.1B | $5.0B | ||
| Q3 24 | $5.3B | $5.0B | ||
| Q2 24 | $4.5B | $4.9B | ||
| Q1 24 | $4.6B | $5.0B |
| Q4 25 | $84.6B | $16.5B | ||
| Q3 25 | $54.3B | $16.6B | ||
| Q2 25 | $53.4B | $16.2B | ||
| Q1 25 | $56.4B | $15.5B | ||
| Q4 24 | $64.1B | $15.1B | ||
| Q3 24 | $49.5B | $15.3B | ||
| Q2 24 | $54.4B | $15.1B | ||
| Q1 24 | $64.2B | $15.5B |
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 | $71.9M |
| Free Cash FlowOCF − Capex | — | $27.5M |
| FCF MarginFCF / Revenue | — | 0.5% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 1.07× | 0.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $71.9M | ||
| Q3 25 | $642.3M | $-82.7M | ||
| Q2 25 | $1.4B | $107.8M | ||
| Q1 25 | $1.5B | $28.0M | ||
| Q4 24 | $1.2B | $276.6M | ||
| Q3 24 | $824.4M | $302.1M | ||
| Q2 24 | $1.3B | $-223.8M | ||
| Q1 24 | $1.5B | $746.3M |
| Q4 25 | — | $27.5M | ||
| Q3 25 | — | $-95.9M | ||
| Q2 25 | — | $86.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $252.3M | ||
| Q3 24 | — | $272.9M | ||
| Q2 24 | — | $-244.6M | ||
| Q1 24 | — | $725.9M |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | -4.5% | ||
| Q1 24 | — | 13.6% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | 1.07× | 0.45× | ||
| Q3 25 | 0.63× | -0.44× | ||
| Q2 25 | 1.58× | 0.62× | ||
| Q1 25 | 1.22× | 0.24× | ||
| Q4 24 | 1.19× | 1.67× | ||
| Q3 24 | 0.86× | 1.48× | ||
| Q2 24 | 1.57× | -0.96× | ||
| Q1 24 | 1.26× | 6.44× |
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% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
