vs
Automatic Data Processing（ADP）与固瑞克（GGG）财务数据对比。点击上方公司名可切换其他公司
Automatic Data Processing的季度营收约是固瑞克的9.0倍（$5.4B vs $593.2M）。固瑞克净利率更高（22.3% vs 19.8%，领先2.5%）。固瑞克同比增速更快（8.1% vs 6.2%）。过去两年固瑞克的营收复合增速更高（9.8% 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。
固瑞克（Graco Inc.）是总部位于美国明尼苏达州明尼阿波利斯的工业企业，专注于流体处理系统及相关产品的研发与制造，旗下产品销往全球各地，广泛应用于多个工业领域。
ADP vs GGG — 直观对比
营收规模更大
ADP
是对方的9.0倍
$593.2M
营收增速更快
GGG
高出1.9%
6.2%
净利率更高
GGG
高出2.5%
19.8%
两年增速更快
GGG
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $593.2M |
| 净利润 | $1.1B | $132.5M |
| 毛利率 | 46.1% | 51.7% |
| 营业利润率 | 25.8% | 26.7% |
| 净利率 | 19.8% | 22.3% |
| 营收同比 | 6.2% | 8.1% |
| 净利润同比 | 10.3% | 21.9% |
| 每股收益（稀释后） | $2.62 | $0.78 |
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ADPGGG
| Q4 25 | $5.4B | $593.2M | ||
| Q3 25 | $5.2B | $543.4M | ||
| Q2 25 | $5.1B | $571.8M | ||
| Q1 25 | $5.6B | $528.3M | ||
| Q4 24 | $5.0B | $548.7M | ||
| Q3 24 | $4.8B | $519.2M | ||
| Q2 24 | $4.8B | $553.2M | ||
| Q1 24 | $5.3B | $492.2M |
净利润ADPGGG
| Q4 25 | $1.1B | $132.5M | ||
| Q3 25 | $1.0B | $137.6M | ||
| Q2 25 | $910.7M | $127.6M | ||
| Q1 25 | $1.2B | $124.1M | ||
| Q4 24 | $963.2M | $108.7M | ||
| Q3 24 | $956.3M | $122.2M | ||
| Q2 24 | $829.3M | $133.0M | ||
| Q1 24 | $1.2B | $122.2M |
毛利率ADPGGG
| Q4 25 | 46.1% | 51.7% | ||
| Q3 25 | 45.2% | 53.2% | ||
| Q2 25 | 45.1% | 52.4% | ||
| Q1 25 | 47.7% | 52.6% | ||
| Q4 24 | 45.7% | 50.9% | ||
| Q3 24 | 45.5% | 53.2% | ||
| Q2 24 | 44.8% | 54.4% | ||
| Q1 24 | 47.3% | 54.1% |
营业利润率ADPGGG
| Q4 25 | 25.8% | 26.7% | ||
| Q3 25 | 25.3% | 30.3% | ||
| Q2 25 | 23.2% | 27.5% | ||
| Q1 25 | 29.2% | 27.3% | ||
| Q4 24 | 25.0% | 23.7% | ||
| Q3 24 | 25.6% | 28.1% | ||
| Q2 24 | 22.8% | 29.2% | ||
| Q1 24 | 29.4% | 27.0% |
净利率ADPGGG
| Q4 25 | 19.8% | 22.3% | ||
| Q3 25 | 19.6% | 25.3% | ||
| Q2 25 | 17.8% | 22.3% | ||
| Q1 25 | 22.5% | 23.5% | ||
| Q4 24 | 19.1% | 19.8% | ||
| Q3 24 | 19.8% | 23.5% | ||
| Q2 24 | 17.4% | 24.0% | ||
| Q1 24 | 22.6% | 24.8% |
每股收益（稀释后）ADPGGG
| Q4 25 | $2.62 | $0.78 | ||
| Q3 25 | $2.49 | $0.82 | ||
| Q2 25 | $2.23 | $0.76 | ||
| Q1 25 | $3.06 | $0.72 | ||
| Q4 24 | $2.35 | $0.63 | ||
| Q3 24 | $2.34 | $0.71 | ||
| Q2 24 | $2.01 | $0.77 | ||
| Q1 24 | $2.88 | $0.71 |
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 | $624.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $2.7B |
| 总资产 | $84.6B | $3.3B |
| 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ADPGGG
| Q4 25 | $2.5B | $624.1M | ||
| Q3 25 | $7.9B | $618.7M | ||
| Q2 25 | $7.8B | $534.9M | ||
| Q1 25 | $2.7B | $536.1M | ||
| Q4 24 | $2.2B | $675.3M | ||
| Q3 24 | $7.3B | $764.5M | ||
| Q2 24 | $3.3B | $666.0M | ||
| Q1 24 | $3.3B | $622.7M |
股东权益ADPGGG
| Q4 25 | $6.4B | $2.7B | ||
| Q3 25 | $6.4B | $2.6B | ||
| Q2 25 | $6.2B | $2.5B | ||
| Q1 25 | $5.9B | $2.5B | ||
| Q4 24 | $5.1B | $2.6B | ||
| Q3 24 | $5.3B | $2.5B | ||
| Q2 24 | $4.5B | $2.4B | ||
| Q1 24 | $4.6B | $2.3B |
总资产ADPGGG
| Q4 25 | $84.6B | $3.3B | ||
| Q3 25 | $54.3B | $3.2B | ||
| Q2 25 | $53.4B | $3.0B | ||
| Q1 25 | $56.4B | $3.0B | ||
| Q4 24 | $64.1B | $3.1B | ||
| Q3 24 | $49.5B | $3.0B | ||
| Q2 24 | $54.4B | $2.9B | ||
| Q1 24 | $64.2B | $2.8B |
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 | $196.3M |
| 自由现金流经营现金流 - 资本支出 | — | $184.3M |
| 自由现金流率自由现金流/营收 | — | 31.1% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | 1.07× | 1.48× |
| 过去12个月自由现金流最近4个季度 | — | $637.9M |
8季度趋势，按日历期对齐
经营现金流ADPGGG
| Q4 25 | $1.1B | $196.3M | ||
| Q3 25 | $642.3M | $179.2M | ||
| Q2 25 | $1.4B | $182.7M | ||
| Q1 25 | $1.5B | $125.4M | ||
| Q4 24 | $1.2B | $185.2M | ||
| Q3 24 | $824.4M | $178.6M | ||
| Q2 24 | $1.3B | $139.0M | ||
| Q1 24 | $1.5B | $118.9M |
自由现金流ADPGGG
| Q4 25 | — | $184.3M | ||
| Q3 25 | — | $175.7M | ||
| Q2 25 | — | $163.1M | ||
| Q1 25 | — | $114.8M | ||
| Q4 24 | — | $171.3M | ||
| Q3 24 | — | $159.2M | ||
| Q2 24 | — | $102.7M | ||
| Q1 24 | — | $81.7M |
自由现金流率ADPGGG
| Q4 25 | — | 31.1% | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | — | 31.2% | ||
| Q3 24 | — | 30.7% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | — | 16.6% |
资本支出强度ADPGGG
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 7.6% |
现金转化率ADPGGG
| Q4 25 | 1.07× | 1.48× | ||
| Q3 25 | 0.63× | 1.30× | ||
| Q2 25 | 1.58× | 1.43× | ||
| Q1 25 | 1.22× | 1.01× | ||
| Q4 24 | 1.19× | 1.70× | ||
| Q3 24 | 0.86× | 1.46× | ||
| Q2 24 | 1.57× | 1.05× | ||
| Q1 24 | 1.26× | 0.97× |
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% |
GGG
| Industrial | $284.3M | 48% |
| Contractor | $265.5M | 45% |
| Other | $43.4M | 7% |
