Automatic Data Processing, Inc. (ADP) vs Lockheed Martin Corporation (LMT)
ADP leads on 13 of 16 compared metrics.
A side-by-side comparison of Automatic Data Processing, Inc. and Lockheed Martin Corporation 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
LMT
Lockheed Martin Corporation
$540.33Industrials
Total return — ADP vs LMT
growth of $100 · last 30yADP +1446.2%LMT +1190.2%ADP compounded faster
ADP LMT
ADP vs LMT: by the numbers
- •LMT is the larger company ($124.58B vs $90.42B market cap).
- •ADP trades at the lower earnings multiple (21.08 vs 26.17 P/E).
- •ADP converts more revenue to profit (20.12% vs 6.38% net margin).
- •ADP grew revenue faster over the past five years (8.08% vs 2.62% CAGR).
- •ADP pays the higher dividend yield (2.94% vs 2.53%).
Which is better, ADP or LMT?
Metric tally: ADP 13 · LMT 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 | LMT |
|---|---|---|
| P/E ratio | 21.08● | 26.17 |
| Forward P/E | 20.43 | 16.87● |
| P/S ratio | 4.21 | 1.66● |
| P/B ratio | 14.33● | 16.67 |
| PEG ratio | 3.20 | — |
| EV / EBITDA | 14.14● | 16.97 |
| FCF yield | 5.66%● | 4.54% |
Profitability
| Metric | ADP | LMT |
|---|---|---|
| Gross margin | 47.48%● | 9.82% |
| Operating margin | 19.20%● | 9.88% |
| Net margin | 20.12%● | 6.38% |
| ROE | 68.43%● | 64.00% |
| ROIC | 24.66%● | 17.39% |
Dividends
| Metric | ADP | LMT |
|---|---|---|
| Dividend yield | 2.94%● | 2.53% |
| Payout ratio | 66.27% | 63.31% |
Growth (annualized)
| Metric | ADP | LMT |
|---|---|---|
| Revenue CAGR (5Y) | 8.08%● | 2.62% |
| EPS CAGR (5Y) | 11.83%● | -2.44% |
| FCF CAGR (5Y) | 14.52%● | -0.69% |
| Total return CAGR (5Y) | 4.80% | 9.78%● |
Frequently asked
- Which is better, ADP or LMT?
- 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 13 to 3.
- Is ADP or LMT cheaper?
- On trailing earnings, ADP is cheaper: ADP trades at a 21.08 P/E and LMT at 26.17.
- Which has grown faster, ADP or LMT?
- Over the past five years, ADP grew revenue faster — ADP at a 8.08% CAGR versus LMT at 2.62%.
- Does ADP or LMT pay a bigger dividend?
- ADP yields 2.94% and LMT yields 2.53% based on trailing dividends and the latest price.
- Is ADP or LMT more profitable?
- ADP runs the higher net margin — ADP at 20.12% versus LMT at 6.38%.
- Which has been the better investment, ADP or LMT?
- Over the past 10-year, ADP delivered the higher annualized total return — ADP at 12.45% versus LMT at 11.34%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Automatic Data Processing P/E ratioLockheed Martin P/E ratioAutomatic Data Processing dividend yieldLockheed Martin dividend yieldAutomatic Data Processing ROELockheed Martin ROEAutomatic Data Processing operating marginLockheed Martin operating marginAutomatic Data Processing revenue growthLockheed Martin revenue growthAutomatic Data Processing free cash flowLockheed Martin free cash flow
Automatic Data Processing & Lockheed Martin 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.