Automatic Data Processing, Inc. (ADP) vs Honeywell International Inc. (HON)
ADP leads on 14 of 17 compared metrics.
A side-by-side comparison of Automatic Data Processing, Inc. and Honeywell International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ADP
Automatic Data Processing, Inc.
$226.21Industrials
HON
Honeywell International Inc.
$220.31Industrials
Total return — ADP vs HON
growth of $100 · last 30yADP +1446.2%HON +715.7%ADP compounded faster
ADP HON
ADP vs HON: by the numbers
- •HON is the larger company ($139.60B vs $90.42B market cap).
- •ADP trades at the lower earnings multiple (21.08 vs 31.21 P/E).
- •ADP converts more revenue to profit (20.12% vs 11.16% net margin).
- •ADP grew revenue faster over the past five years (8.08% vs 2.42% CAGR).
- •ADP pays the higher dividend yield (2.94% vs 2.13%).
Which is better, ADP or HON?
Metric tally: ADP 14 · HON 3It depends on what you're optimizing for:
ValueADP(lower P/E)
GrowthADP(faster 5Y revenue CAGR)
IncomeADP(higher dividend yield)
QualityADP(higher ROIC)
Valuation
| Metric | ADP | HON |
|---|---|---|
| P/E ratio | 21.08● | 31.21 |
| Forward P/E | 20.43 | 19.22● |
| P/S ratio | 4.21 | 3.83● |
| P/B ratio | 14.33 | 6.60● |
| PEG ratio | 3.20● | 17.93 |
| EV / EBITDA | 14.14● | 23.95 |
| FCF yield | 5.66%● | 2.92% |
Profitability
| Metric | ADP | HON |
|---|---|---|
| Gross margin | 47.48%● | 36.95% |
| Operating margin | 19.20%● | 14.87% |
| Net margin | 20.12%● | 11.16% |
| ROE | 68.43%● | 19.24% |
| ROIC | 24.66%● | 9.22% |
Dividends
| Metric | ADP | HON |
|---|---|---|
| Dividend yield | 2.94%● | 2.13% |
| Payout ratio | 66.27% | 63.51% |
Growth (annualized)
| Metric | ADP | HON |
|---|---|---|
| Revenue CAGR (5Y) | 8.08%● | 2.42% |
| EPS CAGR (5Y) | 11.83%● | 1.74% |
| FCF CAGR (5Y) | 14.52%● | -4.80% |
| Total return CAGR (5Y) | 4.80%● | 1.55% |
Frequently asked
- Which is better, ADP or HON?
- It depends on your goal. value: ADP (lower P/E); growth: ADP (faster 5Y revenue CAGR); income: ADP (higher dividend yield); quality: ADP (higher ROIC). Across all compared metrics, ADP leads 14 to 3.
- Is ADP or HON cheaper?
- On trailing earnings, ADP is cheaper: ADP trades at a 21.08 P/E and HON at 31.21.
- Which has grown faster, ADP or HON?
- Over the past five years, ADP grew revenue faster — ADP at a 8.08% CAGR versus HON at 2.42%.
- Does ADP or HON pay a bigger dividend?
- ADP yields 2.94% and HON yields 2.13% based on trailing dividends and the latest price.
- Is ADP or HON more profitable?
- ADP runs the higher net margin — ADP at 20.12% versus HON at 11.16%.
- Which has been the better investment, ADP or HON?
- Over the past 10-year, ADP delivered the higher annualized total return — ADP at 12.45% versus HON at 9.42%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Automatic Data Processing P/E ratioHoneywell International P/E ratioAutomatic Data Processing dividend yieldHoneywell International dividend yieldAutomatic Data Processing ROEHoneywell International ROEAutomatic Data Processing operating marginHoneywell International operating marginAutomatic Data Processing revenue growthHoneywell International revenue growthAutomatic Data Processing free cash flowHoneywell International free cash flow
Automatic Data Processing & Honeywell International appear in these rankings
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 14, 2026.