Breaking Down Revenue Trends: Automatic Data Processing, Inc. vs AMETEK, Inc.

ADP vs. AMETEK: Revenue Growth Showdown

__timestampAMETEK, Inc.Automatic Data Processing, Inc.
Wednesday, January 1, 2014402196400011832800000
Thursday, January 1, 2015397429500010560800000
Friday, January 1, 2016384008700011290500000
Sunday, January 1, 2017430017000011982400000
Monday, January 1, 2018484587200012859300000
Tuesday, January 1, 2019515855700013613300000
Wednesday, January 1, 2020454002900014589800000
Friday, January 1, 2021554651400015005400000
Saturday, January 1, 2022615053000016498300000
Sunday, January 1, 2023659695000018012200000
Monday, January 1, 2024694118000019202600000
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In pursuit of knowledge

Revenue Trends: A Tale of Two Giants

In the ever-evolving landscape of the corporate world, understanding revenue trends is crucial. This analysis focuses on two industry titans: Automatic Data Processing, Inc. (ADP) and AMETEK, Inc. Over the past decade, ADP has consistently outperformed AMETEK, showcasing a robust growth trajectory. From 2014 to 2023, ADP's revenue surged by approximately 52%, reaching a peak of $18 billion in 2023. In contrast, AMETEK's revenue grew by about 64% during the same period, albeit from a smaller base, culminating in $6.6 billion in 2023.

While ADP's revenue growth reflects its dominance in the data processing sector, AMETEK's steady rise highlights its resilience and adaptability in the electronic instruments industry. Notably, the data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their revenue trajectories will be pivotal in shaping their respective industries.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025