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Automatic Data Processing（ADP）与AMPCO PITTSBURGH CORP（AP）财务数据对比。点击上方公司名可切换其他公司
Automatic Data Processing的季度营收约是AMPCO PITTSBURGH CORP的51.3倍（$5.4B vs $104.4M）。Automatic Data Processing净利率更高（19.8% vs -55.2%，领先75.1%）。AMPCO PITTSBURGH CORP同比增速更快（11.5% vs 6.2%）。过去两年Automatic Data Processing的营收复合增速更高（1.0% vs -2.6%）
ADP是总部位于美国新泽西州罗斯兰的跨国企业，为全球各行业客户提供云基人力资源管理、薪资核算处理、专业雇主组织（PEO）等领域的专业服务，是全球人力资源服务领域的知名头部供应商。
安普科匹兹堡公司是一家特种钢材制造商，总部位于宾夕法尼亚州匹兹堡市中心，1929年由多家此前已成立的小型钢铁企业合并组建而成。需要注意区分它和其他同样带有Ampco名称的企业，比如位于密尔沃基的铜基合金生产商、迈阿密的橱柜企业等。
ADP vs AP — 直观对比
营收规模更大
ADP
是对方的51.3倍
$104.4M
营收增速更快
AP
高出5.3%
6.2%
净利率更高
ADP
高出75.1%
-55.2%
两年增速更快
ADP
近两年复合增速
-2.6%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $104.4M |
| 净利润 | $1.1B | $-57.7M |
| 毛利率 | 46.1% | — |
| 营业利润率 | 25.8% | -54.0% |
| 净利率 | 19.8% | -55.2% |
| 营收同比 | 6.2% | 11.5% |
| 净利润同比 | 10.3% | -1958.9% |
| 每股收益（稀释后） | $2.62 | $-2.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ADPAP
| Q4 25 | $5.4B | $104.4M | ||
| Q3 25 | $5.2B | $103.7M | ||
| Q2 25 | $5.1B | $108.9M | ||
| Q1 25 | $5.6B | $99.2M | ||
| Q4 24 | $5.0B | $93.6M | ||
| Q3 24 | $4.8B | $92.1M | ||
| Q2 24 | $4.8B | $107.1M | ||
| Q1 24 | $5.3B | $110.0M |
净利润ADPAP
| Q4 25 | $1.1B | $-57.7M | ||
| Q3 25 | $1.0B | $-2.2M | ||
| Q2 25 | $910.7M | $-7.3M | ||
| Q1 25 | $1.2B | $1.1M | ||
| Q4 24 | $963.2M | $3.1M | ||
| Q3 24 | $956.3M | $-2.0M | ||
| Q2 24 | $829.3M | $2.0M | ||
| Q1 24 | $1.2B | $-2.7M |
毛利率ADPAP
| Q4 25 | 46.1% | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | 45.1% | — | ||
| Q1 25 | 47.7% | — | ||
| Q4 24 | 45.7% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 44.8% | — | ||
| Q1 24 | 47.3% | — |
营业利润率ADPAP
| Q4 25 | 25.8% | -54.0% | ||
| Q3 25 | 25.3% | 1.1% | ||
| Q2 25 | 23.2% | -2.8% | ||
| Q1 25 | 29.2% | 3.9% | ||
| Q4 24 | 25.0% | 5.5% | ||
| Q3 24 | 25.6% | 2.0% | ||
| Q2 24 | 22.8% | 4.7% | ||
| Q1 24 | 29.4% | 0.1% |
净利率ADPAP
| Q4 25 | 19.8% | -55.2% | ||
| Q3 25 | 19.6% | -2.1% | ||
| Q2 25 | 17.8% | -6.7% | ||
| Q1 25 | 22.5% | 1.2% | ||
| Q4 24 | 19.1% | 3.3% | ||
| Q3 24 | 19.8% | -2.1% | ||
| Q2 24 | 17.4% | 1.9% | ||
| Q1 24 | 22.6% | -2.5% |
每股收益（稀释后）ADPAP
| Q4 25 | $2.62 | $-2.87 | ||
| Q3 25 | $2.49 | $-0.11 | ||
| Q2 25 | $2.23 | $-0.36 | ||
| Q1 25 | $3.06 | $0.06 | ||
| Q4 24 | $2.35 | $0.16 | ||
| Q3 24 | $2.34 | $-0.10 | ||
| Q2 24 | $2.01 | $0.10 | ||
| Q1 24 | $2.88 | $-0.14 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.5B | $10.7M |
| 总债务越低越好 | — | $117.9M |
| 股东权益账面价值 | $6.4B | $32.6M |
| 总资产 | $84.6B | $495.4M |
| 负债/权益比越低杠杆越低 | — | 3.61× |
8季度趋势，按日历期对齐
现金及短期投资ADPAP
| Q4 25 | $2.5B | $10.7M | ||
| Q3 25 | $7.9B | $15.0M | ||
| Q2 25 | $7.8B | $9.9M | ||
| Q1 25 | $2.7B | $7.1M | ||
| Q4 24 | $2.2B | $15.4M | ||
| Q3 24 | $7.3B | $11.8M | ||
| Q2 24 | $3.3B | $7.9M | ||
| Q1 24 | $3.3B | $10.8M |
总债务ADPAP
| Q4 25 | — | $117.9M | ||
| Q3 25 | — | $119.0M | ||
| Q2 25 | — | $115.9M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $116.0M | ||
| Q2 24 | — | $119.4M | ||
| Q1 24 | — | $116.2M |
股东权益ADPAP
| Q4 25 | $6.4B | $32.6M | ||
| Q3 25 | $6.4B | $60.1M | ||
| Q2 25 | $6.2B | $62.7M | ||
| Q1 25 | $5.9B | $64.6M | ||
| Q4 24 | $5.1B | $58.9M | ||
| Q3 24 | $5.3B | $61.3M | ||
| Q2 24 | $4.5B | $58.0M | ||
| Q1 24 | $4.6B | $56.3M |
总资产ADPAP
| Q4 25 | $84.6B | $495.4M | ||
| Q3 25 | $54.3B | $524.4M | ||
| Q2 25 | $53.4B | $537.2M | ||
| Q1 25 | $56.4B | $536.2M | ||
| Q4 24 | $64.1B | $530.9M | ||
| Q3 24 | $49.5B | $547.4M | ||
| Q2 24 | $54.4B | $560.8M | ||
| Q1 24 | $64.2B | $565.8M |
负债/权益比ADPAP
| Q4 25 | — | 3.61× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | — | 2.06× | ||
| Q1 24 | — | 2.06× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.1B | $2.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-64.0K |
| 自由现金流率自由现金流/营收 | — | -0.1% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | 1.07× | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.1M |
8季度趋势，按日历期对齐
经营现金流ADPAP
| Q4 25 | $1.1B | $2.7M | ||
| Q3 25 | $642.3M | $6.3M | ||
| Q2 25 | $1.4B | $-2.3M | ||
| Q1 25 | $1.5B | $-5.3M | ||
| Q4 24 | $1.2B | $7.5M | ||
| Q3 24 | $824.4M | $11.4M | ||
| Q2 24 | $1.3B | $-5.3M | ||
| Q1 24 | $1.5B | $4.5M |
自由现金流ADPAP
| Q4 25 | — | $-64.0K | ||
| Q3 25 | — | $3.3M | ||
| Q2 25 | — | $-3.8M | ||
| Q1 25 | — | $-7.5M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | — | $8.4M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $1.7M |
自由现金流率ADPAP
| Q4 25 | — | -0.1% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | -7.5% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | -7.5% | ||
| Q1 24 | — | 1.5% |
资本支出强度ADPAP
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 2.6% |
现金转化率ADPAP
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 1.58× | — | ||
| Q1 25 | 1.22× | -4.62× | ||
| Q4 24 | 1.19× | 2.40× | ||
| Q3 24 | 0.86× | — | ||
| Q2 24 | 1.57× | -2.64× | ||
| Q1 24 | 1.26× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
