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

ADP vs. TransUnion: A Decade of Revenue Growth

__timestampAutomatic Data Processing, Inc.TransUnion
Wednesday, January 1, 2014118328000001304700000
Thursday, January 1, 2015105608000001506800000
Friday, January 1, 2016112905000001704900000
Sunday, January 1, 2017119824000001933800000
Monday, January 1, 2018128593000002317200000
Tuesday, January 1, 2019136133000002656100000
Wednesday, January 1, 2020145898000002716600000
Friday, January 1, 2021150054000002960200000
Saturday, January 1, 2022164983000003709900000
Sunday, January 1, 2023180122000003831200000
Monday, January 1, 2024192026000004183800000
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Data in motion

Revenue Growth: A Tale of Two Companies

In the competitive landscape of financial services, Automatic Data Processing, Inc. (ADP) and TransUnion have showcased distinct revenue trajectories over the past decade. Since 2014, ADP has consistently outperformed TransUnion, with its revenue growing by approximately 62% from 2014 to 2023. In contrast, TransUnion's revenue increased by nearly 194% during the same period, albeit from a much smaller base.

ADP's revenue growth reflects its robust market position and strategic expansions, while TransUnion's impressive percentage growth highlights its aggressive market penetration and innovation in credit reporting services. Notably, ADP's revenue in 2023 was nearly five times that of TransUnion, underscoring its dominance in the sector. However, the absence of data for TransUnion in 2024 leaves room for speculation about its future performance.

As these giants continue to evolve, investors and analysts alike will be keenly observing their strategies and market adaptations.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025