Automatic Data Processing, Inc. (ADP)
Automatic Data Processing provides payroll processing and human-capital management software.
ADP vs VRSK: how the two businesses compare
- Bigger business: ADP, with $20.6B of yearly revenue, about 6.7× VRSK's $3.1B.
- More profitable: VRSK keeps 30 cents of each sales dollar as profit, against 20 cents at ADP.
- More cash from each sale: VRSK turns 47 cents of each sales dollar into operating cash flow, against 24 cents at ADP.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Automatic Data Processing (ADP) is the larger business by reported revenue: $20.6B in its fiscal year ended Jun 2025, about 6.7× VRSK's $3.1B (fiscal year ended Dec 2025). ADP's net margin was 19.8% and VRSK's 29.6%. Both file with the SEC under the same industry code, SIC 7374 (Services-Computer Processing & Data Preparation).
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Industrials
- Computer Processing & Data Preparation
- Same classification
- Different
- ADP June 30 · VRSK December 31
- Aug 5, 2026
ADP vs VRSK: quick comparison
| Company fact | ADP | VRSK |
|---|---|---|
| Company | Automatic Data Processing, Inc. | Verisk Analytics, Inc. |
| Exchange | NASDAQ | NASDAQ |
| SEC industry | Services-Computer Processing & Data Preparation | Services-Computer Processing & Data Preparation |
| Fiscal year-end | June 30 | December 31 |
| Latest annual filing | 10-K · 2026-08-05 | 10-K · 2026-02-18 |
ADP vs VRSK: audited financials
- Scale: ADP's $20.6B of revenue is about 6.7× VRSK's $3.1B.
- Net margin: VRSK kept 29.6% of revenue as net income versus 19.8% at ADP.
- Cash conversion: operating cash flow equalled ADP 24.0% of revenue, or 1.21× net income; VRSK 46.7% of revenue, or 1.58× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 6 months apart (2025-06-30 for ADP, 2025-12-31 for VRSK), so each figure reflects somewhat different demand and cost conditions.
| Metric | ADP | VRSK |
|---|---|---|
| Revenue | $20.6B2024-07-01 to 2025-06-30 · SEC filing | $3.1B2025-01-01 to 2025-12-31 · SEC filing |
| Net income | $4.1B2024-07-01 to 2025-06-30 · SEC filing | $908M2025-01-01 to 2025-12-31 · SEC filing |
| Operating cash flow | $4.9B2024-07-01 to 2025-06-30 · SEC filing | $1.4B2025-01-01 to 2025-12-31 · SEC filing |
| Diluted EPS | $9.982024-07-01 to 2025-06-30 · SEC filing | $6.482025-01-01 to 2025-12-31 · SEC filing |
| Net margin | 19.8%2024-07-01 to 2025-06-30 · SEC filing | 29.6%2025-01-01 to 2025-12-31 · SEC filing |
ADP: FY ending 2025-06-30 · VRSK: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where ADP and VRSK overlap, and where they don't
Overlap
- Same SEC industry: both report under SIC 7374, Services-Computer Processing & Data Preparation.
Differences
- Offset fiscal calendars: ADP's year ends June 30 and VRSK's December 31, about 6 months apart.
- Only ADP maps to Economic trends.
- Scale: ADP reported about 6.7× the annual revenue of VRSK.
- Profitability: net margin of 19.8% for ADP versus 29.6% for VRSK.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Verisk Analytics, Inc. (VRSK)
Verisk Analytics provides data analytics and risk assessment for the insurance industry.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves ADP
We have not yet published a company-specific driver list for ADP. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-08-05.
What moves VRSK
We have not yet published a company-specific driver list for VRSK. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-18.
The investment question
You now know ADP reports about 6.7× VRSK's revenue, and VRSK keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about the services-computer processing & data preparation cycle, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. ADP's fiscal year ends June 30, while VRSK's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 17 matched transaction rows for ADP and 19 matched transaction rows for VRSK. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
ADP primary filings
VRSK primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving ADP or VRSK
ADP vs VRSK FAQs
Are ADP and VRSK direct competitors?
Automatic Data Processing and Verisk Analytics share the SEC industry classification “Services-Computer Processing & Data Preparation.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Is ADP or VRSK the bigger company by revenue?
Automatic Data Processing (ADP) is the larger business by reported revenue: $20.6B in its fiscal year ended Jun 2025, about 6.7× VRSK's $3.1B (fiscal year ended Dec 2025). ADP's net margin was 19.8% and VRSK's 29.6%. Both file with the SEC under the same industry code, SIC 7374 (Services-Computer Processing & Data Preparation). Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, ADP or VRSK?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this ADP vs VRSK comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Automatic Data Processing, Inc. and Verisk Analytics, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
ADP vs VRSK compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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