Revenue Showdown: Automatic Data Processing, Inc. vs Textron Inc.

ADP vs Textron: A Decade of Revenue Rivalry

__timestampAutomatic Data Processing, Inc.Textron Inc.
Wednesday, January 1, 20141183280000013878000000
Thursday, January 1, 20151056080000013423000000
Friday, January 1, 20161129050000013788000000
Sunday, January 1, 20171198240000014198000000
Monday, January 1, 20181285930000013972000000
Tuesday, January 1, 20191361330000013630000000
Wednesday, January 1, 20201458980000011651000000
Friday, January 1, 20211500540000012382000000
Saturday, January 1, 20221649830000012869000000
Sunday, January 1, 20231801220000013683000000
Monday, January 1, 20241920260000013702000000
Loading chart...

Data in motion

Revenue Showdown: A Decade of Growth and Competition

In the ever-evolving landscape of the American corporate world, Automatic Data Processing, Inc. (ADP) and Textron Inc. have been formidable players. Over the past decade, ADP has demonstrated a remarkable growth trajectory, with its revenue surging by approximately 62% from 2014 to 2024. This growth is a testament to ADP's strategic innovations and market adaptability. In contrast, Textron Inc. has experienced a more modest revenue increase of about 1% over the same period, reflecting its steady yet less aggressive expansion strategy.

A Closer Look at the Numbers

In 2023, ADP's revenue reached a peak, outpacing Textron by a significant margin. This trend highlights ADP's robust business model and its ability to capitalize on market opportunities. As we look to the future, the question remains: will Textron pivot to close the gap, or will ADP continue its upward trajectory?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025