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Automatic Data Processing vs Manpowergroup

Automatic Data Processing is the larger business, with $21.95bn of revenue in fiscal 2026 against $17.96bn for Manpowergroup (1.2 times as much). Automatic Data Processing grew faster (6.7% against 0.6%). Automatic Data Processing kept more of each dollar of sales as profit: a net margin of 20.1% against -0.1%. Manpowergroup carries less debt relative to equity (81.4% against 82.3%).

Latest fiscal yearAutomatic Data ProcessingADP, 2026ManpowergroupMAN, 2025
Revenue $21.95bn $17.96bn
Revenue growth 6.7% 0.6%
Net income $4.41bn −$13.3m
Operating margin — 0.8%
Net margin 20.1% -0.1%
Return on equity 72.2% -0.6%
Free cash flow $5.24bn −$161m
Cash $4.23bn $871m
Total debt $4.97bn $1.68bn
Debt to equity 82.3% 81.4%
Dividend per share $6.64 $1.44
Dividend yield 2.3% —
Share buybacks $2.08bn $38.2m
Employees — 25,400
Market value $117.41bn $2.18bn
Price vs our value range Within our value range —
Moat score 64 (Moderate) 30 (Weak)
Insider trades, 12 months 1 buys, 39 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.