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Automatic Data Processing（ADP）与Arlo Technologies, Inc.（ARLO）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Arlo Technologies, Inc.的37.9倍（$5.4B vs $141.3M）。Automatic Data Processing净利率更高（19.8% vs 4.1%，领先15.7%）。Arlo Technologies, Inc.同比增速更快（16.2% vs 6.2%）。过去两年Arlo Technologies, Inc.的营收复合增速更高（6.7% vs 1.0%）
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。
Arlo Technologies是一家专注于无线监控摄像头研发生产的美国企业。在2018年8月于纽交所完成首次公开募股之前，Arlo一直是网件（Netgear）旗下的监控产品品牌，IPO之后网件仍持有该公司多数控制权。
ADP vs ARLO — 直观对比
营收规模更大
ADP
是对方的37.9倍
$141.3M
营收增速更快
ARLO
高出10.1%
6.2%
净利率更高
ADP
高出15.7%
4.1%
两年增速更快
ARLO
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $141.3M |
| 净利润 | $1.1B | $5.8M |
| 毛利率 | 46.1% | 46.4% |
| 营业利润率 | 25.8% | 3.3% |
| 净利率 | 19.8% | 4.1% |
| 营收同比 | 6.2% | 16.2% |
| 净利润同比 | 10.3% | 218.6% |
| 每股收益（稀释后） | $2.62 | $0.06 |
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ADPARLO
| Q4 25 | $5.4B | $141.3M | ||
| Q3 25 | $5.2B | $139.5M | ||
| Q2 25 | $5.1B | $129.4M | ||
| Q1 25 | $5.6B | $119.1M | ||
| Q4 24 | $5.0B | $121.6M | ||
| Q3 24 | $4.8B | $137.7M | ||
| Q2 24 | $4.8B | $127.4M | ||
| Q1 24 | $5.3B | $124.2M |
净利润ADPARLO
| Q4 25 | $1.1B | $5.8M | ||
| Q3 25 | $1.0B | $6.9M | ||
| Q2 25 | $910.7M | $3.1M | ||
| Q1 25 | $1.2B | $-835.0K | ||
| Q4 24 | $963.2M | $-4.9M | ||
| Q3 24 | $956.3M | $-4.4M | ||
| Q2 24 | $829.3M | $-11.6M | ||
| Q1 24 | $1.2B | $-9.6M |
毛利率ADPARLO
| Q4 25 | 46.1% | 46.4% | ||
| Q3 25 | 45.2% | 40.5% | ||
| Q2 25 | 45.1% | 44.9% | ||
| Q1 25 | 47.7% | 44.3% | ||
| Q4 24 | 45.7% | 36.9% | ||
| Q3 24 | 45.5% | 35.2% | ||
| Q2 24 | 44.8% | 36.8% | ||
| Q1 24 | 47.3% | 38.1% |
营业利润率ADPARLO
| Q4 25 | 25.8% | 3.3% | ||
| Q3 25 | 25.3% | 0.6% | ||
| Q2 25 | 23.2% | 1.5% | ||
| Q1 25 | 29.2% | -1.2% | ||
| Q4 24 | 25.0% | -5.0% | ||
| Q3 24 | 25.6% | -4.0% | ||
| Q2 24 | 22.8% | -10.0% | ||
| Q1 24 | 29.4% | -8.5% |
净利率ADPARLO
| Q4 25 | 19.8% | 4.1% | ||
| Q3 25 | 19.6% | 4.9% | ||
| Q2 25 | 17.8% | 2.4% | ||
| Q1 25 | 22.5% | -0.7% | ||
| Q4 24 | 19.1% | -4.0% | ||
| Q3 24 | 19.8% | -3.2% | ||
| Q2 24 | 17.4% | -9.1% | ||
| Q1 24 | 22.6% | -7.8% |
每股收益（稀释后）ADPARLO
| Q4 25 | $2.62 | $0.06 | ||
| Q3 25 | $2.49 | $0.06 | ||
| Q2 25 | $2.23 | $0.03 | ||
| Q1 25 | $3.06 | $-0.01 | ||
| Q4 24 | $2.35 | $-0.05 | ||
| Q3 24 | $2.34 | $-0.04 | ||
| Q2 24 | $2.01 | $-0.12 | ||
| Q1 24 | $2.88 | $-0.10 |
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 | $146.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $127.8M |
| 总资产 | $84.6B | $310.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ADPARLO
| Q4 25 | $2.5B | $146.4M | ||
| Q3 25 | $7.9B | $86.0M | ||
| Q2 25 | $7.8B | $71.2M | ||
| Q1 25 | $2.7B | $84.0M | ||
| Q4 24 | $2.2B | $82.0M | ||
| Q3 24 | $7.3B | $77.0M | ||
| Q2 24 | $3.3B | $62.9M | ||
| Q1 24 | $3.3B | $62.1M |
股东权益ADPARLO
| Q4 25 | $6.4B | $127.8M | ||
| Q3 25 | $6.4B | $129.2M | ||
| Q2 25 | $6.2B | $118.3M | ||
| Q1 25 | $5.9B | $103.4M | ||
| Q4 24 | $5.1B | $100.9M | ||
| Q3 24 | $5.3B | $96.9M | ||
| Q2 24 | $4.5B | $99.3M | ||
| Q1 24 | $4.6B | $99.9M |
总资产ADPARLO
| Q4 25 | $84.6B | $310.5M | ||
| Q3 25 | $54.3B | $350.9M | ||
| Q2 25 | $53.4B | $319.7M | ||
| Q1 25 | $56.4B | $296.6M | ||
| Q4 24 | $64.1B | $298.4M | ||
| Q3 24 | $49.5B | $312.4M | ||
| Q2 24 | $54.4B | $295.8M | ||
| Q1 24 | $64.2B | $289.8M |
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 | $19.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.07× | 3.43× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ADPARLO
| Q4 25 | $1.1B | $19.8M | ||
| Q3 25 | $642.3M | $19.2M | ||
| Q2 25 | $1.4B | $8.8M | ||
| Q1 25 | $1.5B | $30.9M | ||
| Q4 24 | $1.2B | $6.7M | ||
| Q3 24 | $824.4M | $18.4M | ||
| Q2 24 | $1.3B | $6.5M | ||
| Q1 24 | $1.5B | $19.8M |
自由现金流ADPARLO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $28.1M | ||
| Q4 24 | — | $5.6M | ||
| Q3 24 | — | $17.4M | ||
| Q2 24 | — | $6.2M | ||
| Q1 24 | — | $19.4M |
自由现金流率ADPARLO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 23.6% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 4.8% | ||
| Q1 24 | — | 15.7% |
资本支出强度ADPARLO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
现金转化率ADPARLO
| Q4 25 | 1.07× | 3.43× | ||
| Q3 25 | 0.63× | 2.79× | ||
| Q2 25 | 1.58× | 2.83× | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 1.19× | — | ||
| Q3 24 | 0.86× | — | ||
| Q2 24 | 1.57× | — | ||
| 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% |
ARLO
| Subscriptions And Services | $89.4M | 63% |
| Products | $51.9M | 37% |
