vs
Automatic Data Processing（ADP）与骏利亨德森（JBI）财务数据对比。点击上方公司名可切换其他公司
Automatic Data Processing的季度营收约是骏利亨德森的24.4倍（$5.4B vs $219.3M）。Automatic Data Processing净利率更高（19.8% vs 6.9%，领先12.9%）。Automatic Data Processing同比增速更快（6.2% vs -4.7%）。过去两年Automatic Data Processing的营收复合增速更高（1.0% vs -8.8%）
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。
骏利亨德森是一家英美合资的全球资产管理集团，总部位于英国伦敦市。旗下以骏利亨德森投资者为品牌，面向全球个人投资者、中介顾问及机构投资者提供丰富多样的金融产品。
ADP vs JBI — 直观对比
营收规模更大
ADP
是对方的24.4倍
$219.3M
营收增速更快
ADP
高出10.9%
-4.7%
净利率更高
ADP
高出12.9%
6.9%
两年增速更快
ADP
近两年复合增速
-8.8%
损益表 — Q2 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $219.3M |
| 净利润 | $1.1B | $15.2M |
| 毛利率 | 46.1% | 39.1% |
| 营业利润率 | 25.8% | 13.4% |
| 净利率 | 19.8% | 6.9% |
| 营收同比 | 6.2% | -4.7% |
| 净利润同比 | 10.3% | 28.8% |
| 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ADPJBI
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.2B | $219.3M | ||
| Q2 25 | $5.1B | $228.1M | ||
| Q1 25 | $5.6B | $210.5M | ||
| Q4 24 | $5.0B | $230.8M | ||
| Q3 24 | $4.8B | $230.1M | ||
| Q2 24 | $4.8B | $248.4M | ||
| Q1 24 | $5.3B | $254.5M |
净利润ADPJBI
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | $15.2M | ||
| Q2 25 | $910.7M | $20.7M | ||
| Q1 25 | $1.2B | $10.8M | ||
| Q4 24 | $963.2M | $300.0K | ||
| Q3 24 | $956.3M | $11.8M | ||
| Q2 24 | $829.3M | $27.6M | ||
| Q1 24 | $1.2B | $30.7M |
毛利率ADPJBI
| Q4 25 | 46.1% | — | ||
| Q3 25 | 45.2% | 39.1% | ||
| Q2 25 | 45.1% | 40.9% | ||
| Q1 25 | 47.7% | 38.9% | ||
| Q4 24 | 45.7% | 37.8% | ||
| Q3 24 | 45.5% | 39.6% | ||
| Q2 24 | 44.8% | 43.9% | ||
| Q1 24 | 47.3% | 43.4% |
营业利润率ADPJBI
| Q4 25 | 25.8% | — | ||
| Q3 25 | 25.3% | 13.4% | ||
| Q2 25 | 23.2% | 15.8% | ||
| Q1 25 | 29.2% | 12.0% | ||
| Q4 24 | 25.0% | 5.5% | ||
| Q3 24 | 25.6% | 11.6% | ||
| Q2 24 | 22.8% | 20.8% | ||
| Q1 24 | 29.4% | 21.8% |
净利率ADPJBI
| Q4 25 | 19.8% | — | ||
| Q3 25 | 19.6% | 6.9% | ||
| Q2 25 | 17.8% | 9.1% | ||
| Q1 25 | 22.5% | 5.1% | ||
| Q4 24 | 19.1% | 0.1% | ||
| Q3 24 | 19.8% | 5.1% | ||
| Q2 24 | 17.4% | 11.1% | ||
| Q1 24 | 22.6% | 12.1% |
每股收益（稀释后）ADPJBI
| Q4 25 | $2.62 | — | ||
| Q3 25 | $2.49 | $0.11 | ||
| Q2 25 | $2.23 | $0.15 | ||
| Q1 25 | $3.06 | $0.08 | ||
| Q4 24 | $2.35 | $0.01 | ||
| Q3 24 | $2.34 | $0.08 | ||
| Q2 24 | $2.01 | $0.19 | ||
| Q1 24 | $2.88 | $0.21 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $560.8M |
| 总资产 | $84.6B | $1.3B |
| 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ADPJBI
| Q4 25 | $2.5B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $7.3B | $102.1M | ||
| Q2 24 | $3.3B | $110.1M | ||
| Q1 24 | $3.3B | — |
股东权益ADPJBI
| Q4 25 | $6.4B | — | ||
| Q3 25 | $6.4B | $560.8M | ||
| Q2 25 | $6.2B | $543.8M | ||
| Q1 25 | $5.9B | $526.8M | ||
| Q4 24 | $5.1B | $518.8M | ||
| Q3 24 | $5.3B | $526.6M | ||
| Q2 24 | $4.5B | $556.3M | ||
| Q1 24 | $4.6B | $535.4M |
总资产ADPJBI
| Q4 25 | $84.6B | — | ||
| Q3 25 | $54.3B | $1.3B | ||
| Q2 25 | $53.4B | $1.3B | ||
| Q1 25 | $56.4B | $1.3B | ||
| Q4 24 | $64.1B | $1.3B | ||
| Q3 24 | $49.5B | $1.3B | ||
| Q2 24 | $54.4B | $1.3B | ||
| Q1 24 | $64.2B | $1.4B |
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 | $15.0M |
| 自由现金流经营现金流 - 资本支出 | — | $8.3M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 1.07× | 0.99× |
| 过去12个月自由现金流最近4个季度 | — | $140.1M |
8季度趋势，按日历期对齐
经营现金流ADPJBI
| Q4 25 | $1.1B | — | ||
| Q3 25 | $642.3M | $15.0M | ||
| Q2 25 | $1.4B | $51.4M | ||
| Q1 25 | $1.5B | $48.3M | ||
| Q4 24 | $1.2B | $51.4M | ||
| Q3 24 | $824.4M | $43.0M | ||
| Q2 24 | $1.3B | $31.0M | ||
| Q1 24 | $1.5B | $28.6M |
自由现金流ADPJBI
| Q4 25 | — | — | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $44.6M | ||
| Q1 25 | — | $41.9M | ||
| Q4 24 | — | $45.3M | ||
| Q3 24 | — | $39.3M | ||
| Q2 24 | — | $25.3M | ||
| Q1 24 | — | $24.0M |
自由现金流率ADPJBI
| Q4 25 | — | — | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 19.6% | ||
| Q1 25 | — | 19.9% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 10.2% | ||
| Q1 24 | — | 9.4% |
资本支出强度ADPJBI
| Q4 25 | — | — | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.8% |
现金转化率ADPJBI
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.63× | 0.99× | ||
| Q2 25 | 1.58× | 2.48× | ||
| Q1 25 | 1.22× | 4.47× | ||
| Q4 24 | 1.19× | 171.33× | ||
| Q3 24 | 0.86× | 3.64× | ||
| Q2 24 | 1.57× | 1.12× | ||
| Q1 24 | 1.26× | 0.93× |
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% |
JBI
| Self Storage New Construction | $72.3M | 33% |
| Commercial And Others | $65.5M | 30% |
| Self Storage R3 | $54.0M | 25% |
| Transferred At Point In Time | $15.5M | 7% |
| Transferred Over Time | $12.8M | 6% |
