Automatic Data Processing, Inc. (ADP) vs Eaton Corporation plc (ETN)

ADP leads on 12 of 17 compared metrics.

A side-by-side comparison of Automatic Data Processing, Inc. and Eaton Corporation plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ADP vs ETN

growth of $100 · last 30y
ADP +1440.9%ETN +2981.8%ETN compounded faster
01k2k3kStart $100200120062011201620212026$1,541$3,082
ADP ETN

ADP vs ETN: by the numbers

  • ETN is the larger company ($151.98B vs $90.42B market cap).
  • ADP trades at the lower earnings multiple (21.08 vs 38.26 P/E).
  • ADP converts more revenue to profit (20.12% vs 13.99% net margin).
  • ETN grew revenue faster over the past five years (9.94% vs 8.08% CAGR).
  • ADP pays the higher dividend yield (2.94% vs 1.09%).

Which is better, ADP or ETN?

Metric tally: ADP 12 · ETN 5

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricADPETN
P/E ratio21.0838.26
Forward P/E20.4324.99
P/S ratio4.215.34
P/B ratio14.337.71
PEG ratio3.203.04
EV / EBITDA14.1427.86
FCF yield5.66%3.08%

Profitability

MetricADPETN
Gross margin47.48%36.89%
Operating margin19.20%18.13%
Net margin20.12%13.99%
ROE68.43%20.19%
ROIC24.66%13.14%

Dividends

MetricADPETN
Dividend yield2.94%1.09%
Payout ratio66.27%40.80%

Growth (annualized)

MetricADPETN
Revenue CAGR (5Y)8.08%9.94%
EPS CAGR (5Y)11.83%24.48%
FCF CAGR (5Y)14.52%13.57%
Total return CAGR (5Y)4.80%23.64%

Frequently asked

Which is better, ADP or ETN?
It depends on your goal. value: ADP (lower P/E); growth: ETN (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 ETN cheaper?
On trailing earnings, ADP is cheaper: ADP trades at a 21.08 P/E and ETN at 38.26.
Which has grown faster, ADP or ETN?
Over the past five years, ETN grew revenue faster — ADP at a 8.08% CAGR versus ETN at 9.94%.
Does ADP or ETN pay a bigger dividend?
ADP yields 2.94% and ETN yields 1.09% based on trailing dividends and the latest price.
Is ADP or ETN more profitable?
ADP runs the higher net margin — ADP at 20.12% versus ETN at 13.99%.
Which has been the better investment, ADP or ETN?
Over the past 10-year, ETN delivered the higher annualized total return — ADP at 12.45% versus ETN at 23.24%. 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 15, 2026.