Cost of Revenue: Key Insights for Automatic Data Processing, Inc. and Snap-on Incorporated

Explore cost of revenue trends for ADP and Snap-on.

__timestampAutomatic Data Processing, Inc.Snap-on Incorporated
Wednesday, January 1, 201472214000001693400000
Thursday, January 1, 201564276000001704500000
Friday, January 1, 201668403000001720800000
Sunday, January 1, 201772698000001862000000
Monday, January 1, 201878426000001870700000
Tuesday, January 1, 201980866000001886000000
Wednesday, January 1, 202084451000001844000000
Friday, January 1, 202186403000002141200000
Saturday, January 1, 202294619000002311700000
Sunday, January 1, 202399534000002488500000
Monday, January 1, 2024104767000002329500000
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Data in motion

Cost of Revenue Trends: A Comparative Analysis

In the ever-evolving landscape of corporate finance, understanding the cost of revenue is crucial for evaluating a company's operational efficiency. This analysis focuses on Automatic Data Processing, Inc. (ADP) and Snap-on Incorporated, two giants in their respective industries. Over the past decade, ADP has seen a steady increase in its cost of revenue, rising approximately 45% from 2014 to 2023. This growth reflects ADP's expanding operations and market reach. In contrast, Snap-on Incorporated has experienced a more modest increase of around 47% over the same period, indicating a stable yet consistent growth trajectory. Notably, the data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. These insights provide a window into the strategic decisions and market conditions influencing these companies, offering valuable lessons for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025