Automatic Data Processing Inc

NASDAQ ADP

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Automatic Data Processing Inc Market Capitalization on June 03, 2024: USD 99.88 B

Automatic Data Processing Inc Market Capitalization is USD 99.88 B on June 03, 2024, a 12.16% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.

Automatic Data Processing Inc 52-week high Market Capitalization is USD 105.19 B on September 01, 2023, which is 5.32% above the current Market Capitalization.
Automatic Data Processing Inc 52-week low Market Capitalization is USD 86.53 B on November 01, 2023, which is -13.37% below the current Market Capitalization.
Automatic Data Processing Inc average Market Capitalization for the last 52 weeks is USD 98.44 B.

NASDAQ: ADP

Automatic Data Processing Inc

CEO	Mr. Carlos A. Rodriguez
IPO Date	April 6, 1983
Location	United States
Headquarters	One ADP Boulevard, Roseland, NJ, United States, 07068
Employees	63,000
Sector	Industrials
Industry	Staffing & employment services

Description

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

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