Automatic Data Processing, Inc. (ADP), headquartered in Roseland, New Jersey, is a global provider of cloud-based human capital management solutions. With a market capitalization of $113.7 billion, the company helps businesses manage payroll, HR, talent, employee time, taxes, and benefits, while also providing outsourcing, analytics, compliance, and related technology services.
Companies worth $10 billion to $200 billion are generally described as “large-cap stocks,” and Automatic Data Processing definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance within the Technology sector. Its market leadership stems from its large global client base, serving over 1.1 million clients and managing payroll for more than 42 million workers across 140 countries.
