Gross Profit Analysis: Comparing Automatic Data Processing, Inc. and U-Haul Holding Company

ADP vs. U-Haul: A Decade of Profit Shifts

__timestampAutomatic Data Processing, Inc.U-Haul Holding Company
Wednesday, January 1, 201446114000002707982000
Thursday, January 1, 201541332000002928459000
Friday, January 1, 201644502000003130666000
Sunday, January 1, 201747126000003269282000
Monday, January 1, 201850167000003440625000
Tuesday, January 1, 201955267000003606565000
Wednesday, January 1, 202061447000003814850000
Friday, January 1, 202163651000004327926000
Saturday, January 1, 202270364000005480162000
Sunday, January 1, 202380588000005019797000
Monday, January 1, 202487259000001649634000
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Data in motion

Gross Profit Trends: A Tale of Two Companies

In the ever-evolving landscape of American business, Automatic Data Processing, Inc. (ADP) and U-Haul Holding Company stand as titans in their respective fields. Over the past decade, ADP has consistently demonstrated robust growth in gross profit, with a remarkable increase of approximately 89% from 2014 to 2023. This growth trajectory underscores ADP's strategic prowess in the payroll and human resources sector.

Conversely, U-Haul, a leader in the moving and storage industry, has experienced a more volatile journey. While it saw a significant 102% rise in gross profit from 2014 to 2022, 2023 marked a dramatic downturn, with profits plummeting by nearly 70%. This stark contrast highlights the challenges and opportunities faced by companies in different sectors. As we look to the future, these trends offer valuable insights into the resilience and adaptability of these industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025