Comparing Revenue Performance: Automatic Data Processing, Inc. or TFI International Inc.?

ADP vs. TFI: A Decade of Revenue Growth

__timestampAutomatic Data Processing, Inc.TFI International Inc.
Wednesday, January 1, 2014118328000003199928501
Thursday, January 1, 2015105608000002904026835
Friday, January 1, 2016112905000002994723606
Sunday, January 1, 2017119824000003770194035
Monday, January 1, 2018128593000003761450188
Tuesday, January 1, 2019136133000003964619871
Wednesday, January 1, 2020145898000003781134000
Friday, January 1, 2021150054000007220429000
Saturday, January 1, 2022164983000008812491000
Sunday, January 1, 2023180122000007521167000
Monday, January 1, 202419202600000
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Unlocking the unknown

A Tale of Two Giants: Revenue Trends from 2014 to 2023

In the competitive landscape of business services and logistics, Automatic Data Processing, Inc. (ADP) and TFI International Inc. have showcased distinct revenue trajectories over the past decade. ADP, a leader in human resources management, has seen its revenue grow by approximately 62% from 2014 to 2023, reflecting its robust market position and consistent demand for its services. In contrast, TFI International, a key player in the transportation and logistics sector, experienced a remarkable surge in revenue, particularly between 2020 and 2022, where it nearly doubled its revenue, highlighting its strategic expansions and acquisitions.

While ADP's revenue growth has been steady, TFI's revenue trajectory has been more volatile, with a significant peak in 2022. The data for 2024 remains incomplete, leaving room for speculation on TFI's future performance. This comparison underscores the dynamic nature of these industries and the strategic maneuvers companies must undertake to thrive.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025