Automatic Data Processing, Inc. (ADP) vs Illinois Tool Works Inc. (ITW)

ADP leads on 13 of 16 compared metrics.

A side-by-side comparison of Automatic Data Processing, Inc. and Illinois Tool Works 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).

Total return — ADP vs ITW

growth of $100 · last 30y
ADP +1446.2%ITW +1460.2%ITW compounded faster
05001k2k2kStart $100200120062011201620212026$1,546$1,560
ADP ITW

ADP vs ITW: by the numbers

  • ADP is the larger company ($90.42B vs $74.06B market cap).
  • ADP trades at the lower earnings multiple (21.08 vs 23.90 P/E).
  • ADP converts more revenue to profit (20.12% vs 19.32% net margin).
  • ADP grew revenue faster over the past five years (8.08% vs 4.71% CAGR).
  • ADP pays the higher dividend yield (2.94% vs 2.46%).

Which is better, ADP or ITW?

Metric tally: ADP 13 · ITW 3

It depends on what you're optimizing for:

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

Valuation

MetricADPITW
P/E ratio21.0823.90
Forward P/E20.4322.78
P/S ratio4.214.59
P/B ratio14.3323.05
PEG ratio3.202.50
EV / EBITDA14.1417.79
FCF yield5.66%3.68%

Profitability

MetricADPITW
Gross margin47.48%44.12%
Operating margin19.20%26.42%
Net margin20.12%19.32%
ROE68.43%97.06%
ROIC24.66%24.49%

Dividends

MetricADPITW
Dividend yield2.94%2.46%
Payout ratio66.27%60.17%

Growth (annualized)

MetricADPITW
Revenue CAGR (5Y)8.08%4.71%
EPS CAGR (5Y)11.83%9.58%
FCF CAGR (5Y)14.52%1.38%
Total return CAGR (5Y)4.80%4.45%

Frequently asked

Which is better, ADP or ITW?
It depends on your goal. value: ADP (lower P/E); growth: ADP (faster 5Y revenue CAGR); income: ADP (higher dividend yield). Across all compared metrics, ADP leads 13 to 3.
Is ADP or ITW cheaper?
On trailing earnings, ADP is cheaper: ADP trades at a 21.08 P/E and ITW at 23.90.
Which has grown faster, ADP or ITW?
Over the past five years, ADP grew revenue faster — ADP at a 8.08% CAGR versus ITW at 4.71%.
Does ADP or ITW pay a bigger dividend?
ADP yields 2.94% and ITW yields 2.46% based on trailing dividends and the latest price.
Is ADP or ITW more profitable?
ADP runs the higher net margin — ADP at 20.12% versus ITW at 19.32%.
Which has been the better investment, ADP or ITW?
Over the past 10-year, ADP delivered the higher annualized total return — ADP at 12.45% versus ITW at 11.65%. 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 14, 2026.