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

ADP vs IDEX: A Decade of Revenue Growth

__timestampAutomatic Data Processing, Inc.IDEX Corporation
Wednesday, January 1, 2014118328000002147767000
Thursday, January 1, 2015105608000002020668000
Friday, January 1, 2016112905000002113043000
Sunday, January 1, 2017119824000002287312000
Monday, January 1, 2018128593000002483666000
Tuesday, January 1, 2019136133000002494573000
Wednesday, January 1, 2020145898000002351646000
Friday, January 1, 2021150054000002764800000
Saturday, January 1, 2022164983000003181900000
Sunday, January 1, 2023180122000003273900000
Monday, January 1, 2024192026000003268800000
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Unveiling the hidden dimensions of data

Revenue Growth: A Tale of Two Companies

In the competitive landscape of the U.S. stock market, Automatic Data Processing, Inc. (ADP) and IDEX Corporation have showcased intriguing revenue trends over the past decade. Since 2014, ADP has consistently demonstrated robust growth, with its revenue surging by approximately 62% by 2023. This growth trajectory highlights ADP's strategic prowess in adapting to market demands and expanding its service offerings.

Conversely, IDEX Corporation, while smaller in scale, has also shown commendable progress. From 2014 to 2023, IDEX's revenue increased by about 52%, reflecting its stronghold in niche markets and innovative product lines. However, data for 2024 remains elusive, leaving room for speculation on future performance.

These trends underscore the dynamic nature of the financial landscape, where strategic innovation and market adaptability are key to sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025