Automatic Data Processing, Inc. vs W.W. Grainger, Inc.: A Gross Profit Performance Breakdown

ADP vs. Grainger: A Decade of Profit Growth

__timestampAutomatic Data Processing, Inc.W.W. Grainger, Inc.
Wednesday, January 1, 201446114000004314242000
Thursday, January 1, 201541332000004231428000
Friday, January 1, 201644502000004114557000
Sunday, January 1, 201747126000004097557000
Monday, January 1, 201850167000004348000000
Tuesday, January 1, 201955267000004397000000
Wednesday, January 1, 202061447000004238000000
Friday, January 1, 202163651000004720000000
Saturday, January 1, 202270364000005849000000
Sunday, January 1, 202380588000006496000000
Monday, January 1, 202487259000006758000000
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Unleashing the power of data

A Tale of Two Giants: ADP vs. W.W. Grainger

In the competitive landscape of American business, Automatic Data Processing, Inc. (ADP) and W.W. Grainger, Inc. have showcased remarkable growth in gross profit over the past decade. From 2014 to 2023, ADP's gross profit surged by approximately 89%, reflecting its robust business model and strategic market positioning. In contrast, W.W. Grainger, Inc. experienced a 51% increase, highlighting its resilience in the industrial supply sector.

Key Insights

  • ADP's Growth: By 2023, ADP's gross profit reached a peak, nearly doubling since 2014, underscoring its dominance in the payroll and human resources industry.
  • W.W. Grainger's Performance: Despite a slower growth rate, W.W. Grainger's gross profit steadily climbed, with a notable 51% increase by 2023.

The data for 2024 is incomplete, leaving room for speculation on future trends. Stay tuned for more insights as these industry leaders continue to evolve.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025