Valued at $103.3 billion by market cap, Automatic Data Processing, Inc. (ADP) is one of the world’s leading providers of human-capital management (HCM) services. Headquartered in Roseland, New Jersey, ADP offers cloud-based solutions that streamline payroll, HR, talent and time management, tax/benefits administration, compliance, and related outsourcing services for companies of all sizes.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and ADP perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the software - application industry. With over 75 years in the business, ADP serves more than a million clients globally. The company is known for its continuous investment in innovative technology to stay ahead of the competition. Operating in more than 140 countries, ADP has a strong global presence.
