Which has the lower trailing P/E, ADP or APP?

ADP has the lower trailing P/E: ADP trades at 24.56 and APP at 24.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ADP or APP?

Over the past five years, APP grew revenue faster — ADP at a 7.90% CAGR versus APP at 25.84%.

Does ADP or APP pay a bigger dividend?

ADP pays a dividend (2.53% yield), while APP has no payments in the available dividend history.

Is ADP or APP more profitable?

APP runs the higher net margin — ADP at 20.11% versus APP at 64.58%.

How have ADP and APP total returns compared?

Over the past 5 years, ADP delivered 8.34% and APP delivered 33.14% annualized total return. Past performance doesn't predict future results.

Automatic Data Processing, Inc. (ADP) vs AppLovin Corporation (APP)

A side-by-side comparison of Automatic Data Processing, Inc. and AppLovin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

ADP

Automatic Data Processing, Inc.

$107.50B

$268.94TechnologyDelayed quote: Sep 21, 2026, 10:15 AM EDT

APP

AppLovin Corporation

$107.77B

$320.79TechnologyDelayed quote: Sep 21, 2026, 10:15 AM EDT

Total return — ADP vs APP

growth of $100 · dividends reinvested · last 5y

ADP +62.9% (+10.2%/yr)APP +396.9% (+37.8%/yr)APP compounded faster over this window

ADP APP

ADP vs APP: by the numbers

•APP is the larger company ($107.77B vs $107.50B market cap).
•ADP trades at the lower trailing earnings multiple (24.56 vs 24.66 P/E), one valuation lens rather than an overall verdict.
•APP converts more revenue to profit (64.58% vs 20.11% net margin).
•APP grew revenue faster over the past five years (25.84% vs 7.90% CAGR).
•ADP pays a dividend (2.53% yield), while APP has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ADP	APP
P/E ratio	24.56	24.66
Forward P/E	21.94	20.33
P/S ratio	4.90	15.78
P/B ratio	17.82	34.07
EV / EBITDA	23.76	19.96
FCF yield	4.63%	4.18%

Profitability

Metric	ADP	APP
Gross margin	48.19%	88.46%
Operating margin	18.58%	77.44%
Net margin	20.11%	64.58%
ROE	73.18%	139.42%
ROIC	23.85%	63.79%

Dividends

Metric	ADP	APP
Dividend yield	2.53%	N/A
Payout ratio	62.10%	N/A

Growth (annualized)

Metric	ADP	APP
Revenue CAGR (5Y)	7.90%	25.84%
EPS CAGR (5Y)	12.46%	73.54%
FCF CAGR (5Y)	13.99%	73.58%
Total return CAGR (5Y)	8.34%	33.14%

Frequently asked

Which has the lower trailing P/E, ADP or APP?: ADP has the lower trailing P/E: ADP trades at 24.56 and APP at 24.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ADP or APP?: Over the past five years, APP grew revenue faster — ADP at a 7.90% CAGR versus APP at 25.84%.
Does ADP or APP pay a bigger dividend?: ADP pays a dividend (2.53% yield), while APP has no payments in the available dividend history.
Is ADP or APP more profitable?: APP runs the higher net margin — ADP at 20.11% versus APP at 64.58%.
How have ADP and APP total returns compared?: Over the past 5 years, ADP delivered 8.34% and APP delivered 33.14% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ADP analysis Full APP analysis Interactive comparison tool

Dig into the metrics

Automatic Data Processing P/E ratio AppLovin P/E ratio Automatic Data Processing dividend yield Automatic Data Processing ROE AppLovin ROE Automatic Data Processing operating margin AppLovin operating margin Automatic Data Processing revenue growth AppLovin revenue growth Automatic Data Processing free cash flow AppLovin free cash flow

Automatic Data Processing & AppLovin appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Fastest Revenue Growth Stocks Highest ROE Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.