ADP's Flat Payroll Growth: A Reasonable Entry Point?
ByAinvest
Sunday, Jan 4, 2026 11:13 am ET1min read
ADP--
Automatic Data Processing (ADP) is a software-as-a-service company that provides payroll and human resources services. Despite steady growth, its core volume trend has cooled, with U.S. pays per control flat year over year in Q1 fiscal 2026. ADP's revenue rose 7% to $5.2 billion, and EPS climbed 6% to $2.49. The company is focusing on becoming a broader human capital management platform, with newer initiatives like ADP Workforce Now NextGen and ADP Lyric HCM.
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