Automatic Data Processing, Inc. (ADP) vs Cummins Inc. (CMI)

ADP leads on 12 of 17 compared metrics.

A side-by-side comparison of Automatic Data Processing, Inc. and Cummins Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ADP vs CMI

growth of $100 · last 30y
ADP +1431.6%CMI +6316.1%CMI compounded faster
02k4k6kStart $100200120062011201620212026$1,532$6,416
ADP CMI

ADP vs CMI: by the numbers

  • CMI is the larger company ($91.01B vs $90.42B market cap).
  • ADP trades at the lower earnings multiple (21.08 vs 34.26 P/E).
  • ADP converts more revenue to profit (20.12% vs 7.89% net margin).
  • CMI grew revenue faster over the past five years (10.78% vs 8.08% CAGR).
  • ADP pays the higher dividend yield (2.94% vs 1.21%).

Which is better, ADP or CMI?

Metric tally: ADP 12 · CMI 5

It depends on what you're optimizing for:

ValueADP(lower P/E)
GrowthCMI(faster 5Y revenue CAGR)
IncomeADP(higher dividend yield)
QualityADP(higher ROIC)

Valuation

MetricADPCMI
P/E ratio21.0834.26
Forward P/E20.4322.72
P/S ratio4.212.70
P/B ratio14.337.41
PEG ratio3.203.03
EV / EBITDA14.0920.20
FCF yield5.66%2.92%

Profitability

MetricADPCMI
Gross margin47.48%25.39%
Operating margin19.20%11.24%
Net margin20.12%7.89%
ROE68.43%21.64%
ROIC24.66%11.41%

Dividends

MetricADPCMI
Dividend yield2.94%1.21%
Payout ratio66.27%38.80%

Growth (annualized)

MetricADPCMI
Revenue CAGR (5Y)8.08%10.78%
EPS CAGR (5Y)11.83%11.31%
FCF CAGR (5Y)14.52%4.25%
Total return CAGR (5Y)4.80%24.28%

Frequently asked

Which is better, ADP or CMI?
It depends on your goal. value: ADP (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: ADP (higher dividend yield); quality: ADP (higher ROIC). Across all compared metrics, ADP leads 12 to 5.
Is ADP or CMI cheaper?
On trailing earnings, ADP is cheaper: ADP trades at a 21.08 P/E and CMI at 34.26.
Which has grown faster, ADP or CMI?
Over the past five years, CMI grew revenue faster — ADP at a 8.08% CAGR versus CMI at 10.78%.
Does ADP or CMI pay a bigger dividend?
ADP yields 2.94% and CMI yields 1.21% based on trailing dividends and the latest price.
Is ADP or CMI more profitable?
ADP runs the higher net margin — ADP at 20.12% versus CMI at 7.89%.
Which has been the better investment, ADP or CMI?
Over the past 10-year, CMI delivered the higher annualized total return — ADP at 12.45% versus CMI at 22.09%. Past performance doesn't predict future results.

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 June 13, 2026.