Gross Profit Analysis: Comparing Automatic Data Processing, Inc. and Thomson Reuters Corporation

ADP vs. Thomson Reuters: A Decade of Profit Growth

__timestampAutomatic Data Processing, Inc.Thomson Reuters Corporation
Wednesday, January 1, 201446114000003398000000
Thursday, January 1, 201541332000003399000000
Friday, January 1, 201644502000002934000000
Sunday, January 1, 201747126000003254000000
Monday, January 1, 201850167000001370000000
Tuesday, January 1, 201955267000003475000000
Wednesday, January 1, 202061447000003715000000
Friday, January 1, 202163651000003870000000
Saturday, January 1, 202270364000004219000000
Sunday, January 1, 202380588000002699000000
Monday, January 1, 20248725900000
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Unleashing insights

Gross Profit Trends: A Tale of Two Giants

In the ever-evolving landscape of global business, Automatic Data Processing, Inc. (ADP) and Thomson Reuters Corporation stand as titans in their respective fields. From 2014 to 2023, ADP's gross profit surged by approximately 89%, showcasing its robust growth trajectory. In contrast, Thomson Reuters experienced a more modest increase of around 24% over the same period, reflecting its steady yet slower expansion.

ADP's gross profit consistently outpaced that of Thomson Reuters, peaking in 2023 with a remarkable 8.7 billion, while Thomson Reuters faced a dip to 2.7 billion. This divergence highlights ADP's strategic prowess in capitalizing on market opportunities. Notably, 2024 data for Thomson Reuters is missing, leaving room for speculation on its future performance.

These insights underscore the dynamic nature of the business world, where adaptability and strategic foresight are key to sustained success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025