Roseland, New Jersey-based Automatic Data Processing, Inc. (ADP) engages in the provision of cloud-based human capital management (HCM) solutions worldwide. With a market cap of $112.8 billion, Automatic Data Processing operates through Employer Services and Professional Employer Organization (PEO) segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Automatic Data Processing fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the software application industry. It offers a wide range of human resource, payroll, tax, and benefits administration solutions.
