ADP

About ADP

Financials

Dated, source-cited figures. Estimates are marked.

Products by ADP

All products by ADP reviewed by our AI panel of experts.

ADP Workforce NowAI Workforce Management

HR, payroll, and workforce management in one platform

Free7.4/10

How Our Review Panel Scores ADP

Six independent reviewer personalities assessed ADP's product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who ADP competes with, and how they differ.

Workday

Cloud-native HCM/financials suite that competes with ADP for large-enterprise workforce deals; Workday sells a single unified platform where ADP layers modular products (payroll, PEO, benefits) that clients can mix and match.

U

UKG Inc.7.4/10

Formed from the Ultimate Software/Kronos merger, UKG competes directly in mid-market and enterprise payroll plus time-and-attendance, ADP's core segment.

1 product reviewed on TopReviewed

SAP

SAP SuccessFactors competes for large multinational HCM contracts as part of a broader ERP bundle, versus ADP's HR/payroll-only focus.

P

Paychex

Direct payroll and HR outsourcing rival concentrated in the small-and-mid-size business segment where ADP also competes heavily on price and service bundles.

Gusto

Modern, software-first payroll and benefits platform undercutting ADP on price and self-serve UX for small businesses, though it lacks ADP's PEO and global payroll scale.

Company Timeline

Key milestones in ADP's history, with sources.

1. Jan 28, 2026Launch

   Launches ADP Assist persona-based AI agents

   The agents automate payroll-variance detection, tax-registration guidance, policy Q&A and analytics across ADP's base of 1.1 million clients in 140+ countries.

   stocktitan.net
2. Oct 29, 2025Acquisition

   Acquires Pequity, an AI-enhanced compensation management software provider

   Pequity, founded in 2019, adds budgeting, scenario-planning and pay-equity tooling for ADP's mid-size and enterprise clients.

   prnewswire.com
3. Sep 3, 2025Launch

   Unveils generative AI features across Workforce Now, Global Payroll and Lyric HCM at Innovation Day

   The enhancements target payroll-anomaly detection, faster analytics requests, and automated routine compliance tasks.

   cpapracticeadvisor.com
4. Jul 30, 2025Milestone

   Reports fiscal 2025 results: revenue up 7% to $20.6 billion

   Full fiscal year 2025 net earnings rose 9% to $4.1 billion and adjusted EBIT margin expanded 50 basis points to 26.0%.

   prnewswire.com
5. Oct 15, 2024Acquisition

   Acquires WorkForce Software for approximately $1.2 billion

   The cash deal added WorkForce Software's time-and-attendance, scheduling and labor-compliance tools for large global enterprises to ADP's workforce management suite.

   accountingtoday.com
6. May 1992Acquisition

   Acquires Bank of America's payroll services division

   The deal brought over 17,000 client accounts generating $110 million in annual revenue, called ADP's largest single acquisition to date.

   fundinguniverse.com
7. September 1961Milestone

   ADP offers its first 100,000 shares to the public at $3 each

   Ahead of its public offering, ADP reported $419,000 in revenue and $25,000 in net profit for the year ended June 1961.

   fundinguniverse.com
8. 1949Founded

   Henry Taub founds Automatic Payrolls in Paterson, New Jersey

   Henry Taub borrowed $2,000 to start a manual payroll-processing service for small New Jersey employers; the company later renamed itself ADP.

   fundinguniverse.com