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Automatic Data Processing（ADP）与LINDSAY CORP（LNN）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LINDSAY CORP的35.6倍（$5.4B vs $150.7M）。Automatic Data Processing净利率更高（19.8% vs 11.0%，领先8.8%）。Automatic Data Processing同比增速更快（6.2% vs -6.1%）。过去两年LINDSAY CORP的营收复合增速更高（1.3% 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。
林赛公司总部位于美国内布拉斯加州奥马哈市，原名林赛制造公司，核心产品为旗下Zimmatic品牌中心枢轴灌溉系统，此外还生产农业机械、工程机械，以及公路与铁路基础设施设备。
ADP vs LNN — 直观对比
营收规模更大
ADP
是对方的35.6倍
$150.7M
营收增速更快
ADP
高出12.3%
-6.1%
净利率更高
ADP
高出8.8%
11.0%
两年增速更快
LNN
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $150.7M |
| 净利润 | $1.1B | $16.5M |
| 毛利率 | 46.1% | 33.3% |
| 营业利润率 | 25.8% | 13.0% |
| 净利率 | 19.8% | 11.0% |
| 营收同比 | 6.2% | -6.1% |
| 净利润同比 | 10.3% | -3.7% |
| 每股收益（稀释后） | $2.62 | $1.54 |
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ADPLNN
| Q4 25 | $5.4B | $150.7M | ||
| Q3 25 | $5.2B | $149.0M | ||
| Q2 25 | $5.1B | $165.7M | ||
| Q1 25 | $5.6B | $183.8M | ||
| Q4 24 | $5.0B | $160.5M | ||
| Q3 24 | $4.8B | $149.4M | ||
| Q2 24 | $4.8B | $133.7M | ||
| Q1 24 | $5.3B | $146.8M |
净利润ADPLNN
| Q4 25 | $1.1B | $16.5M | ||
| Q3 25 | $1.0B | $10.8M | ||
| Q2 25 | $910.7M | $19.5M | ||
| Q1 25 | $1.2B | $26.6M | ||
| Q4 24 | $963.2M | $17.2M | ||
| Q3 24 | $956.3M | $12.7M | ||
| Q2 24 | $829.3M | $20.4M | ||
| Q1 24 | $1.2B | $18.1M |
毛利率ADPLNN
| Q4 25 | 46.1% | 33.3% | ||
| Q3 25 | 45.2% | 30.0% | ||
| Q2 25 | 45.1% | 32.4% | ||
| Q1 25 | 47.7% | 34.0% | ||
| Q4 24 | 45.7% | 31.1% | ||
| Q3 24 | 45.5% | 30.6% | ||
| Q2 24 | 44.8% | 34.8% | ||
| Q1 24 | 47.3% | 33.3% |
营业利润率ADPLNN
| Q4 25 | 25.8% | 13.0% | ||
| Q3 25 | 25.3% | 7.6% | ||
| Q2 25 | 23.2% | 14.4% | ||
| Q1 25 | 29.2% | 17.5% | ||
| Q4 24 | 25.0% | 13.0% | ||
| Q3 24 | 25.6% | 9.0% | ||
| Q2 24 | 22.8% | 14.9% | ||
| Q1 24 | 29.4% | 15.1% |
净利率ADPLNN
| Q4 25 | 19.8% | 11.0% | ||
| Q3 25 | 19.6% | 7.3% | ||
| Q2 25 | 17.8% | 11.8% | ||
| Q1 25 | 22.5% | 14.5% | ||
| Q4 24 | 19.1% | 10.7% | ||
| Q3 24 | 19.8% | 8.5% | ||
| Q2 24 | 17.4% | 15.2% | ||
| Q1 24 | 22.6% | 12.3% |
每股收益（稀释后）ADPLNN
| Q4 25 | $2.62 | $1.54 | ||
| Q3 25 | $2.49 | $0.99 | ||
| Q2 25 | $2.23 | $1.78 | ||
| Q1 25 | $3.06 | $2.44 | ||
| Q4 24 | $2.35 | $1.57 | ||
| Q3 24 | $2.34 | $1.16 | ||
| Q2 24 | $2.01 | $1.85 | ||
| Q1 24 | $2.88 | $1.64 |
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 | $199.6M |
| 总债务越低越好 | — | $115.2M |
| 股东权益账面价值 | $6.4B | $518.2M |
| 总资产 | $84.6B | $828.4M |
| 负债/权益比越低杠杆越低 | — | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资ADPLNN
| Q4 25 | $2.5B | $199.6M | ||
| Q3 25 | $7.9B | $250.6M | ||
| Q2 25 | $7.8B | $210.8M | ||
| Q1 25 | $2.7B | $186.7M | ||
| Q4 24 | $2.2B | $194.1M | ||
| Q3 24 | $7.3B | $190.9M | ||
| Q2 24 | $3.3B | $152.7M | ||
| Q1 24 | $3.3B | $150.6M |
总债务ADPLNN
| Q4 25 | — | $115.2M | ||
| Q3 25 | — | $115.3M | ||
| Q2 25 | — | $115.3M | ||
| Q1 25 | — | $115.4M | ||
| Q4 24 | — | $115.4M | ||
| Q3 24 | — | $115.5M | ||
| Q2 24 | — | $115.5M | ||
| Q1 24 | — | $115.6M |
股东权益ADPLNN
| Q4 25 | $6.4B | $518.2M | ||
| Q3 25 | $6.4B | $532.9M | ||
| Q2 25 | $6.2B | $528.8M | ||
| Q1 25 | $5.9B | $516.4M | ||
| Q4 24 | $5.1B | $488.5M | ||
| Q3 24 | $5.3B | $480.9M | ||
| Q2 24 | $4.5B | $480.0M | ||
| Q1 24 | $4.6B | $483.0M |
总资产ADPLNN
| Q4 25 | $84.6B | $828.4M | ||
| Q3 25 | $54.3B | $840.8M | ||
| Q2 25 | $53.4B | $840.9M | ||
| Q1 25 | $56.4B | $814.2M | ||
| Q4 24 | $64.1B | $771.0M | ||
| Q3 24 | $49.5B | $760.2M | ||
| Q2 24 | $54.4B | $758.1M | ||
| Q1 24 | $64.2B | $765.3M |
负债/权益比ADPLNN
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.22× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | 0.24× | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | 0.24× |
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 | $-597.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-15.1M |
| 自由现金流率自由现金流/营收 | — | -10.0% |
| 资本支出强度资本支出/营收 | — | 9.6% |
| 现金转化率经营现金流/净利润 | 1.07× | -0.04× |
| 过去12个月自由现金流最近4个季度 | — | $62.9M |
8季度趋势，按日历期对齐
经营现金流ADPLNN
| Q4 25 | $1.1B | $-597.0K | ||
| Q3 25 | $642.3M | $64.0M | ||
| Q2 25 | $1.4B | $35.0M | ||
| Q1 25 | $1.5B | $12.3M | ||
| Q4 24 | $1.2B | $21.6M | ||
| Q3 24 | $824.4M | $53.1M | ||
| Q2 24 | $1.3B | $30.5M | ||
| Q1 24 | $1.5B | $-9.7M |
自由现金流ADPLNN
| Q4 25 | — | $-15.1M | ||
| Q3 25 | — | $49.8M | ||
| Q2 25 | — | $25.7M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | — | $47.7M | ||
| Q2 24 | — | $25.8M | ||
| Q1 24 | — | $-21.6M |
自由现金流率ADPLNN
| Q4 25 | — | -10.0% | ||
| Q3 25 | — | 33.4% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 19.3% | ||
| Q1 24 | — | -14.7% |
资本支出强度ADPLNN
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 9.6% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 8.1% |
现金转化率ADPLNN
| Q4 25 | 1.07× | -0.04× | ||
| Q3 25 | 0.63× | 5.92× | ||
| Q2 25 | 1.58× | 1.79× | ||
| Q1 25 | 1.22× | 0.46× | ||
| Q4 24 | 1.19× | 1.26× | ||
| Q3 24 | 0.86× | 4.17× | ||
| Q2 24 | 1.57× | 1.50× | ||
| Q1 24 | 1.26× | -0.54× |
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% |
LNN
| Transferred At Point In Time | $133.2M | 88% |
| Infrastructure | $13.4M | 9% |
| Transferred Over Time | $8.0M | 5% |
