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Commanding a market cap of $100.7 billion, Automatic Data Processing, Inc. (ADP) is a leading provider of cloud-based human capital management (HCM) solutions across payroll, HR, and benefits administration. Based in Roseland, New Jersey, the company operates globally in the software and technology sector through its Employer Services and Professional Employer Organization (PEO) segments.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and ADP fits this criterion perfectly. ADP stands out in the market for its innovative integration of HCM technology with extensive business outsourcing and analytics services, leveraging over 75 years of expertise to transform HR from a traditional support role into a strategic business driver.
