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Automatic Data Processing（ADP）与RADIANT LOGISTICS, INC（RLGT）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RADIANT LOGISTICS, INC的23.1倍（$5.4B vs $232.1M）。Automatic Data Processing净利率更高（19.8% vs 2.3%，领先17.5%）。Automatic Data Processing同比增速更快（6.2% vs -12.3%）。过去两年RADIANT LOGISTICS, INC的营收复合增速更高（12.1% 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。
Radiant Logistics, Inc.是一家知名第三方物流服务商，提供端到端供应链解决方案、国内外货运代理、仓储及末端配送服务，核心市场覆盖北美，客户涵盖零售、制造、电商、工业等多个领域，助力企业优化物流流程、降低运营成本。
ADP vs RLGT — 直观对比
营收规模更大
ADP
是对方的23.1倍
$232.1M
营收增速更快
ADP
高出18.4%
-12.3%
净利率更高
ADP
高出17.5%
2.3%
两年增速更快
RLGT
近两年复合增速
1.0%
损益表 — Q2 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $232.1M |
| 净利润 | $1.1B | $5.3M |
| 毛利率 | 46.1% | — |
| 营业利润率 | 25.8% | 3.2% |
| 净利率 | 19.8% | 2.3% |
| 营收同比 | 6.2% | -12.3% |
| 净利润同比 | 10.3% | -18.0% |
| 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ADPRLGT
| Q4 25 | $5.4B | $232.1M | ||
| Q3 25 | $5.2B | $226.7M | ||
| Q2 25 | $5.1B | $220.6M | ||
| Q1 25 | $5.6B | $214.0M | ||
| Q4 24 | $5.0B | $264.5M | ||
| Q3 24 | $4.8B | $203.6M | ||
| Q2 24 | $4.8B | $206.0M | ||
| Q1 24 | $5.3B | $184.6M |
净利润ADPRLGT
| Q4 25 | $1.1B | $5.3M | ||
| Q3 25 | $1.0B | $1.3M | ||
| Q2 25 | $910.7M | $4.9M | ||
| Q1 25 | $1.2B | $2.5M | ||
| Q4 24 | $963.2M | $6.5M | ||
| Q3 24 | $956.3M | $3.4M | ||
| Q2 24 | $829.3M | $4.8M | ||
| Q1 24 | $1.2B | $-703.0K |
毛利率ADPRLGT
| 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ADPRLGT
| Q4 25 | 25.8% | 3.2% | ||
| Q3 25 | 25.3% | 0.9% | ||
| Q2 25 | 23.2% | 2.4% | ||
| Q1 25 | 29.2% | 1.6% | ||
| Q4 24 | 25.0% | 3.3% | ||
| Q3 24 | 25.6% | 1.9% | ||
| Q2 24 | 22.8% | 2.4% | ||
| Q1 24 | 29.4% | -0.5% |
净利率ADPRLGT
| Q4 25 | 19.8% | 2.3% | ||
| Q3 25 | 19.6% | 0.6% | ||
| Q2 25 | 17.8% | 2.2% | ||
| Q1 25 | 22.5% | 1.2% | ||
| Q4 24 | 19.1% | 2.4% | ||
| Q3 24 | 19.8% | 1.7% | ||
| Q2 24 | 17.4% | 2.3% | ||
| Q1 24 | 22.6% | -0.4% |
每股收益（稀释后）ADPRLGT
| Q4 25 | $2.62 | $0.11 | ||
| Q3 25 | $2.49 | $0.03 | ||
| Q2 25 | $2.23 | $0.10 | ||
| Q1 25 | $3.06 | $0.05 | ||
| Q4 24 | $2.35 | $0.13 | ||
| Q3 24 | $2.34 | $0.07 | ||
| Q2 24 | $2.01 | $0.11 | ||
| Q1 24 | $2.88 | $-0.02 |
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 | $31.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $229.8M |
| 总资产 | $84.6B | $439.4M |
| 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ADPRLGT
| Q4 25 | $2.5B | $31.9M | ||
| Q3 25 | $7.9B | $28.1M | ||
| Q2 25 | $7.8B | $22.9M | ||
| Q1 25 | $2.7B | $19.0M | ||
| Q4 24 | $2.2B | $19.9M | ||
| Q3 24 | $7.3B | $10.4M | ||
| Q2 24 | $3.3B | $24.9M | ||
| Q1 24 | $3.3B | $31.2M |
股东权益ADPRLGT
| Q4 25 | $6.4B | $229.8M | ||
| Q3 25 | $6.4B | $225.7M | ||
| Q2 25 | $6.2B | $226.0M | ||
| Q1 25 | $5.9B | $218.2M | ||
| Q4 24 | $5.1B | $214.4M | ||
| Q3 24 | $5.3B | $212.4M | ||
| Q2 24 | $4.5B | $209.4M | ||
| Q1 24 | $4.6B | $206.0M |
总资产ADPRLGT
| Q4 25 | $84.6B | $439.4M | ||
| Q3 25 | $54.3B | $445.3M | ||
| Q2 25 | $53.4B | $426.8M | ||
| Q1 25 | $56.4B | $414.5M | ||
| Q4 24 | $64.1B | $386.8M | ||
| Q3 24 | $49.5B | $375.3M | ||
| Q2 24 | $54.4B | $371.2M | ||
| Q1 24 | $64.2B | $364.0M |
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 | $12.4M |
| 自由现金流经营现金流 - 资本支出 | — | $11.6M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | 1.07× | 2.33× |
| 过去12个月自由现金流最近4个季度 | — | $8.5M |
8季度趋势，按日历期对齐
经营现金流ADPRLGT
| Q4 25 | $1.1B | $12.4M | ||
| Q3 25 | $642.3M | $2.5M | ||
| Q2 25 | $1.4B | $3.1M | ||
| Q1 25 | $1.5B | $-5.7M | ||
| Q4 24 | $1.2B | $15.7M | ||
| Q3 24 | $824.4M | $205.0K | ||
| Q2 24 | $1.3B | $1.3M | ||
| Q1 24 | $1.5B | $3.9M |
自由现金流ADPRLGT
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $977.0K | ||
| Q2 25 | — | $2.2M | ||
| Q1 25 | — | $-6.4M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | — | $-1.9M | ||
| Q2 24 | — | $-185.0K | ||
| Q1 24 | — | $1.8M |
自由现金流率ADPRLGT
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | — | -0.1% | ||
| Q1 24 | — | 1.0% |
资本支出强度ADPRLGT
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 1.2% |
现金转化率ADPRLGT
| Q4 25 | 1.07× | 2.33× | ||
| Q3 25 | 0.63× | 1.90× | ||
| Q2 25 | 1.58× | 0.63× | ||
| Q1 25 | 1.22× | -2.26× | ||
| Q4 24 | 1.19× | 2.43× | ||
| Q3 24 | 0.86× | 0.06× | ||
| Q2 24 | 1.57× | 0.26× | ||
| 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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
