Gross Profit Trends Compared: Automatic Data Processing, Inc. vs Nordson Corporation

ADP vs. Nordson: A Decade of Gross Profit Growth

__timestampAutomatic Data Processing, Inc.Nordson Corporation
Wednesday, January 1, 20144611400000945098000
Thursday, January 1, 20154133200000913964000
Friday, January 1, 20164450200000993499000
Sunday, January 1, 201747126000001139001000
Monday, January 1, 201850167000001235965000
Tuesday, January 1, 201955267000001192103000
Wednesday, January 1, 202061447000001130468000
Friday, January 1, 202163651000001324080000
Saturday, January 1, 202270364000001426536000
Sunday, January 1, 202380588000001425405000
Monday, January 1, 202487259000001486129000
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In pursuit of knowledge

Gross Profit Trends: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding the trajectory of gross profits is crucial for investors and analysts alike. This chart offers a comparative analysis of Automatic Data Processing, Inc. (ADP) and Nordson Corporation over the past decade, from 2014 to 2024.

Automatic Data Processing, Inc.

ADP has demonstrated a robust growth trajectory, with its gross profit increasing by approximately 89% over the ten-year period. Starting at around $4.6 billion in 2014, ADP's gross profit surged to nearly $8.7 billion by 2024, reflecting its strong market position and strategic growth initiatives.

Nordson Corporation

In contrast, Nordson Corporation's gross profit grew by about 57% during the same period. From just under $945 million in 2014, it reached approximately $1.5 billion in 2024. This steady growth underscores Nordson's resilience and adaptability in a competitive market.

Both companies have shown impressive growth, but ADP's more aggressive upward trend highlights its dynamic approach to capturing market share.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025