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Automatic Data Processing（ADP）与GEO GROUP INC（GEO）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GEO GROUP INC的7.6倍（$5.4B vs $708.4M）。Automatic Data Processing净利率更高（19.8% vs 4.5%，领先15.3%）。GEO GROUP INC同比增速更快（16.6% vs 6.2%）。过去两年GEO GROUP INC的营收复合增速更高（8.1% 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。
GEO集团是一家总部位于美国佛罗里达州博卡拉顿的上市企业，核心业务为投资及运营私营监狱、心理健康相关机构，业务覆盖美国、澳大利亚、南非、英国等市场，运营设施包含移民拘留中心、低安保级别拘留中心、心理健康及 residential 治疗机构，同时也承接政府所有设施的委托管理服务。
ADP vs GEO — 直观对比
营收规模更大
ADP
是对方的7.6倍
$708.4M
营收增速更快
GEO
高出10.4%
6.2%
净利率更高
ADP
高出15.3%
4.5%
两年增速更快
GEO
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $708.4M |
| 净利润 | $1.1B | $31.8M |
| 毛利率 | 46.1% | — |
| 营业利润率 | 25.8% | 11.8% |
| 净利率 | 19.8% | 4.5% |
| 营收同比 | 6.2% | 16.6% |
| 净利润同比 | 10.3% | 105.1% |
| 每股收益（稀释后） | $2.62 | $0.16 |
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ADPGEO
| Q4 25 | $5.4B | $708.4M | ||
| Q3 25 | $5.2B | $682.3M | ||
| Q2 25 | $5.1B | $636.2M | ||
| Q1 25 | $5.6B | $604.6M | ||
| Q4 24 | $5.0B | $607.7M | ||
| Q3 24 | $4.8B | $603.1M | ||
| Q2 24 | $4.8B | $607.2M | ||
| Q1 24 | $5.3B | $605.7M |
净利润ADPGEO
| Q4 25 | $1.1B | $31.8M | ||
| Q3 25 | $1.0B | $173.9M | ||
| Q2 25 | $910.7M | $29.1M | ||
| Q1 25 | $1.2B | $19.6M | ||
| Q4 24 | $963.2M | $15.5M | ||
| Q3 24 | $956.3M | $26.3M | ||
| Q2 24 | $829.3M | $-32.5M | ||
| Q1 24 | $1.2B | $22.7M |
毛利率ADPGEO
| 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ADPGEO
| Q4 25 | 25.8% | 11.8% | ||
| Q3 25 | 25.3% | 6.0% | ||
| Q2 25 | 23.2% | 11.3% | ||
| Q1 25 | 29.2% | 10.1% | ||
| Q4 24 | 25.0% | 11.2% | ||
| Q3 24 | 25.6% | 13.7% | ||
| Q2 24 | 22.8% | 13.2% | ||
| Q1 24 | 29.4% | 13.1% |
净利率ADPGEO
| Q4 25 | 19.8% | 4.5% | ||
| Q3 25 | 19.6% | 25.5% | ||
| Q2 25 | 17.8% | 4.6% | ||
| Q1 25 | 22.5% | 3.2% | ||
| Q4 24 | 19.1% | 2.5% | ||
| Q3 24 | 19.8% | 4.4% | ||
| Q2 24 | 17.4% | -5.4% | ||
| Q1 24 | 22.6% | 3.7% |
每股收益（稀释后）ADPGEO
| Q4 25 | $2.62 | $0.16 | ||
| Q3 25 | $2.49 | $1.24 | ||
| Q2 25 | $2.23 | $0.21 | ||
| Q1 25 | $3.06 | $0.21 | ||
| Q4 24 | $2.35 | $0.14 | ||
| Q3 24 | $2.34 | $0.19 | ||
| Q2 24 | $2.01 | $-0.25 | ||
| 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 | $69.0M |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $6.4B | $1.5B |
| 总资产 | $84.6B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ADPGEO
| Q4 25 | $2.5B | $69.0M | ||
| Q3 25 | $7.9B | $183.9M | ||
| Q2 25 | $7.8B | $67.9M | ||
| Q1 25 | $2.7B | $64.8M | ||
| Q4 24 | $2.2B | $76.9M | ||
| Q3 24 | $7.3B | $70.6M | ||
| Q2 24 | $3.3B | $46.3M | ||
| Q1 24 | $3.3B | $126.5M |
总债务ADPGEO
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADPGEO
| Q4 25 | $6.4B | $1.5B | ||
| Q3 25 | $6.4B | $1.5B | ||
| Q2 25 | $6.2B | $1.4B | ||
| Q1 25 | $5.9B | $1.3B | ||
| Q4 24 | $5.1B | $1.3B | ||
| Q3 24 | $5.3B | $1.3B | ||
| Q2 24 | $4.5B | $1.3B | ||
| Q1 24 | $4.6B | $1.3B |
总资产ADPGEO
| Q4 25 | $84.6B | $3.8B | ||
| Q3 25 | $54.3B | $3.8B | ||
| Q2 25 | $53.4B | $3.7B | ||
| Q1 25 | $56.4B | $3.6B | ||
| Q4 24 | $64.1B | $3.6B | ||
| Q3 24 | $49.5B | $3.6B | ||
| Q2 24 | $54.4B | $3.6B | ||
| Q1 24 | $64.2B | $3.7B |
负债/权益比ADPGEO
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-117.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-153.6M |
| 自由现金流率自由现金流/营收 | — | -21.7% |
| 资本支出强度资本支出/营收 | — | 5.1% |
| 现金转化率经营现金流/净利润 | 1.07× | -3.69× |
| 过去12个月自由现金流最近4个季度 | — | $-124.9M |
8季度趋势，按日历期对齐
经营现金流ADPGEO
| Q4 25 | $1.1B | $-117.3M | ||
| Q3 25 | $642.3M | $79.6M | ||
| Q2 25 | $1.4B | $39.2M | ||
| Q1 25 | $1.5B | $71.2M | ||
| Q4 24 | $1.2B | $18.5M | ||
| Q3 24 | $824.4M | $109.3M | ||
| Q2 24 | $1.3B | $31.2M | ||
| Q1 24 | $1.5B | $83.3M |
自由现金流ADPGEO
| Q4 25 | — | $-153.6M | ||
| Q3 25 | — | $-14.1M | ||
| Q2 25 | — | $2.4M | ||
| Q1 25 | — | $40.5M | ||
| Q4 24 | — | $-2.3M | ||
| Q3 24 | — | $90.5M | ||
| Q2 24 | — | $6.8M | ||
| Q1 24 | — | $68.5M |
自由现金流率ADPGEO
| Q4 25 | — | -21.7% | ||
| Q3 25 | — | -2.1% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | -0.4% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 11.3% |
资本支出强度ADPGEO
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 2.4% |
现金转化率ADPGEO
| Q4 25 | 1.07× | -3.69× | ||
| Q3 25 | 0.63× | 0.46× | ||
| Q2 25 | 1.58× | 1.35× | ||
| Q1 25 | 1.22× | 3.64× | ||
| Q4 24 | 1.19× | 1.19× | ||
| Q3 24 | 0.86× | 4.15× | ||
| Q2 24 | 1.57× | — | ||
| Q1 24 | 1.26× | 3.67× |
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% |
GEO
| Us Corrections And Detention | $498.0M | 70% |
| Electronic Monitoring And Supervision Services | $83.7M | 12% |
| Reentry Services | $72.2M | 10% |
| AU | $49.1M | 7% |
| ZA | $5.4M | 1% |
