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Automatic Data Processing（ADP）与Babcock & Wilcox Enterprises, Inc.（BW）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Babcock & Wilcox Enterprises, Inc.的47.3倍（$5.4B vs $113.4M）。Automatic Data Processing同比增速更快（6.2% vs 0.6%）。过去两年Automatic Data Processing的营收复合增速更高（1.0% vs -16.9%）
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。
巴布科克威尔科克斯企业有限公司是总部位于美国俄亥俄州阿克伦市的能源技术与服务供应商，业务遍布全球多个国际市场。从发展历史来看，该公司最广为人知的产品是蒸汽锅炉，在能源领域拥有悠久的运营经验和行业影响力。
ADP vs BW — 直观对比
营收规模更大
ADP
是对方的47.3倍
$113.4M
营收增速更快
ADP
高出5.5%
0.6%
两年增速更快
ADP
近两年复合增速
-16.9%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $113.4M |
| 净利润 | $1.1B | — |
| 毛利率 | 46.1% | 20.6% |
| 营业利润率 | 25.8% | 0.2% |
| 净利率 | 19.8% | — |
| 营收同比 | 6.2% | 0.6% |
| 净利润同比 | 10.3% | — |
| 每股收益（稀释后） | $2.62 | $0.11 |
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ADPBW
| Q4 25 | $5.4B | $113.4M | ||
| Q3 25 | $5.2B | $149.0M | ||
| Q2 25 | $5.1B | $144.1M | ||
| Q1 25 | $5.6B | $181.2M | ||
| Q4 24 | $5.0B | $112.7M | ||
| Q3 24 | $4.8B | $152.6M | ||
| Q2 24 | $4.8B | $151.4M | ||
| Q1 24 | $5.3B | $164.3M |
净利润ADPBW
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | $35.1M | ||
| Q2 25 | $910.7M | $-58.5M | ||
| Q1 25 | $1.2B | $-22.0M | ||
| Q4 24 | $963.2M | $-63.1M | ||
| Q3 24 | $956.3M | $-5.3M | ||
| Q2 24 | $829.3M | $25.4M | ||
| Q1 24 | $1.2B | $-16.8M |
毛利率ADPBW
| Q4 25 | 46.1% | 20.6% | ||
| Q3 25 | 45.2% | 24.9% | ||
| Q2 25 | 45.1% | 30.0% | ||
| Q1 25 | 47.7% | 22.1% | ||
| Q4 24 | 45.7% | 16.7% | ||
| Q3 24 | 45.5% | 23.7% | ||
| Q2 24 | 44.8% | 21.8% | ||
| Q1 24 | 47.3% | 23.6% |
营业利润率ADPBW
| Q4 25 | 25.8% | 0.2% | ||
| Q3 25 | 25.3% | 4.4% | ||
| Q2 25 | 23.2% | 5.6% | ||
| Q1 25 | 29.2% | 3.2% | ||
| Q4 24 | 25.0% | -8.1% | ||
| Q3 24 | 25.6% | 1.0% | ||
| Q2 24 | 22.8% | -2.9% | ||
| Q1 24 | 29.4% | 3.5% |
净利率ADPBW
| Q4 25 | 19.8% | — | ||
| Q3 25 | 19.6% | 23.5% | ||
| Q2 25 | 17.8% | -40.6% | ||
| Q1 25 | 22.5% | -12.1% | ||
| Q4 24 | 19.1% | -56.0% | ||
| Q3 24 | 19.8% | -3.5% | ||
| Q2 24 | 17.4% | 16.8% | ||
| Q1 24 | 22.6% | -10.2% |
每股收益（稀释后）ADPBW
| Q4 25 | $2.62 | $0.11 | ||
| Q3 25 | $2.49 | $0.30 | ||
| Q2 25 | $2.23 | $-0.63 | ||
| Q1 25 | $3.06 | $-0.26 | ||
| Q4 24 | $2.35 | $-0.73 | ||
| Q3 24 | $2.34 | $-0.10 | ||
| Q2 24 | $2.01 | $0.24 | ||
| Q1 24 | $2.88 | $-0.23 |
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 | $89.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $-131.5M |
| 总资产 | $84.6B | $662.9M |
| 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ADPBW
| Q4 25 | $2.5B | $89.5M | ||
| Q3 25 | $7.9B | $25.2M | ||
| Q2 25 | $7.8B | $23.4M | ||
| Q1 25 | $2.7B | $23.5M | ||
| Q4 24 | $2.2B | $26.9M | ||
| Q3 24 | $7.3B | $30.6M | ||
| Q2 24 | $3.3B | $95.5M | ||
| Q1 24 | $3.3B | $43.9M |
股东权益ADPBW
| Q4 25 | $6.4B | $-131.5M | ||
| Q3 25 | $6.4B | $-232.2M | ||
| Q2 25 | $6.2B | $-309.2M | ||
| Q1 25 | $5.9B | $-303.0M | ||
| Q4 24 | $5.1B | $-283.8M | ||
| Q3 24 | $5.3B | $-203.7M | ||
| Q2 24 | $4.5B | $-198.9M | ||
| Q1 24 | $4.6B | $-223.0M |
总资产ADPBW
| Q4 25 | $84.6B | $662.9M | ||
| Q3 25 | $54.3B | $657.9M | ||
| Q2 25 | $53.4B | $703.5M | ||
| Q1 25 | $56.4B | $719.7M | ||
| Q4 24 | $64.1B | $727.0M | ||
| Q3 24 | $49.5B | $804.6M | ||
| Q2 24 | $54.4B | $849.1M | ||
| Q1 24 | $64.2B | $795.5M |
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 | $-3.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-7.2M |
| 自由现金流率自由现金流/营收 | — | -6.3% |
| 资本支出强度资本支出/营收 | — | 3.7% |
| 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 | — | $-85.7M |
8季度趋势，按日历期对齐
经营现金流ADPBW
| Q4 25 | $1.1B | $-3.0M | ||
| Q3 25 | $642.3M | $-32.1M | ||
| Q2 25 | $1.4B | $-25.3M | ||
| Q1 25 | $1.5B | $-8.5M | ||
| Q4 24 | $1.2B | $-22.5M | ||
| Q3 24 | $824.4M | $-69.5M | ||
| Q2 24 | $1.3B | $-11.8M | ||
| Q1 24 | $1.5B | $-14.9M |
自由现金流ADPBW
| Q4 25 | — | $-7.2M | ||
| Q3 25 | — | $-37.6M | ||
| Q2 25 | — | $-28.1M | ||
| Q1 25 | — | $-12.8M | ||
| Q4 24 | — | $-23.6M | ||
| Q3 24 | — | $-71.6M | ||
| Q2 24 | — | $-16.4M | ||
| Q1 24 | — | $-18.3M |
自由现金流率ADPBW
| Q4 25 | — | -6.3% | ||
| Q3 25 | — | -25.3% | ||
| Q2 25 | — | -19.5% | ||
| Q1 25 | — | -7.1% | ||
| Q4 24 | — | -20.9% | ||
| Q3 24 | — | -46.9% | ||
| Q2 24 | — | -10.8% | ||
| Q1 24 | — | -11.2% |
资本支出强度ADPBW
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 2.1% |
现金转化率ADPBW
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.63× | -0.92× | ||
| Q2 25 | 1.58× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 1.19× | — | ||
| Q3 24 | 0.86× | — | ||
| Q2 24 | 1.57× | -0.46× | ||
| 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% |
BW
暂无分部数据
