Comprehensive EBITDA Comparison: Automatic Data Processing, Inc. vs Paychex, Inc.

A Decade of EBITDA Growth: ADP vs. Paychex

In the competitive landscape of payroll and human resources services, Automatic Data Processing, Inc. (ADP) and Paychex, Inc. have been industry stalwarts. Over the past decade, from 2014 to 2024, both companies have demonstrated significant growth in their Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), a key indicator of financial performance.

ADP has shown a remarkable upward trajectory, with its EBITDA increasing by approximately 122% over this period. Starting at around $2.6 billion in 2014, it reached an impressive $5.8 billion by 2024. In contrast, Paychex, while smaller in scale, has also experienced robust growth, with its EBITDA rising by about 117%, from $1.1 billion to $2.4 billion.

This consistent growth underscores the resilience and strategic prowess of both companies in navigating economic challenges and capitalizing on market opportunities.