Automatic Data Processing, Inc. (ADP) vs Mastercard Incorporated (MA)

A side-by-side comparison of Automatic Data Processing, Inc. and Mastercard Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: ADP is classified in Technology; MA is classified in Financial Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnADP vs MA

growth of $100 · dividends reinvested · last 10y
ADP +268.0% (+13.9%/yr)MA +498.8% (+19.6%/yr)MA compounded faster over this window
200400600Start $10020182020202220242026$368$599
ADP MA

ADP vs MA: by the numbers

  • MA is the larger company ($499.20B vs $107.23B market cap).
  • ADP trades at the lower trailing earnings multiple (24.50 vs 31.31 P/E), one valuation lens rather than an overall verdict.
  • MA converts more revenue to profit (46.34% vs 20.11% net margin).
  • MA grew revenue faster over the past five years (16.09% vs 7.90% CAGR).
  • ADP pays the higher dividend yield (2.48% vs 0.60%).

Metrics side by side

Valuation

MetricADPMA
P/E ratio24.5031.31
Forward P/E21.8828.52
P/S ratio4.8914.23
P/B ratio17.7888.97
EV / EBITDA23.70N/A
FCF yield4.64%N/A

Profitability

MetricADPMA
Gross margin48.19%100.00%
Operating margin18.58%59.84%
Net margin20.11%46.34%
ROE73.18%289.73%
ROIC23.85%N/A

Dividends

MetricADPMA
Dividend yield2.48%0.60%
Payout ratio60.64%18.54%

Growth (annualized)

MetricADPMA
Revenue CAGR (5Y)7.90%16.09%
EPS CAGR (5Y)12.46%20.93%
FCF CAGR (5Y)13.99%N/A
Total return CAGR (5Y)8.14%10.88%

Frequently asked

Which has the lower trailing P/E, ADP or MA?
ADP has the lower trailing P/E: ADP trades at 24.50 and MA at 31.31. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ADP or MA?
Over the past five years, MA grew revenue faster — ADP at a 7.90% CAGR versus MA at 16.09%.
Does ADP or MA pay a bigger dividend?
ADP yields 2.48% and MA yields 0.60% based on trailing dividends and the latest price.
Is ADP or MA more profitable?
MA runs the higher net margin — ADP at 20.11% versus MA at 46.34%.
How have ADP and MA total returns compared?
Over the past 10 years, ADP delivered 14.35% and MA delivered 19.83% annualized total return. 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 September 10, 2026.