ADP vs. SAP
ADP (Automatic Data Processing, Inc.) and SAP (SAP SE) are both stocks. ADP operates in Staffing & Employment Services (Industrials), while SAP operates in Software - Application (Technology). Over the past 10 years, ADP returned 14.19%/yr vs 9.41%/yr for SAP. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
ADP vs. SAP - Performance Comparison
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Returns By Period
In the year-to-date period, ADP achieves a 5.24% return, which is significantly higher than SAP's -23.09% return. Over the past 10 years, ADP has outperformed SAP with an annualized return of 14.19%, while SAP has yielded a comparatively lower 9.41% annualized return.
ADP
- 1D
- 0.98%
- 1M
- 9.98%
- 6M
- 9.68%
- YTD
- 5.24%
- 1Y
- -8.85%
- 3Y*
- 4.81%
- 5Y*
- 7.24%
- 10Y*
- 14.19%
- ALL TIME*
- 14.17%
SAP
- 1D
- 1.51%
- 1M
- 12.93%
- 6M
- -7.08%
- YTD
- -23.09%
- 1Y
- -33.99%
- 3Y*
- 11.84%
- 5Y*
- 6.67%
- 10Y*
- 9.41%
- ALL TIME*
- 5.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $692.52M | $605.05M | $636.26M | |
SAP SAP SE | $713.62M | $558.71M | $550.62M |
ADP vs. SAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADP Automatic Data Processing, Inc. | 5.24% | -10.18% | 28.41% | -0.25% | -1.29% | 42.60% | 5.86% | 32.71% | 14.25% | 16.54% |
SAP SAP SE | -23.09% | -0.48% | 61.27% | 52.30% | -24.64% | 9.22% | -1.28% | 36.43% | -10.04% | 31.25% |
Correlation
The correlation between ADP and SAP is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 1998 | 0.43 |
The correlation between ADP and SAP shifts across timeframes, from 0.38 (3 years) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ADP:
$106.51B
SAP:
$213.96B
ADP:
$10.94
SAP:
€6.67
ADP:
24.35
SAP:
23.90
ADP:
2.07
SAP:
0.51
ADP:
4.90
SAP:
4.88
ADP:
17.65
SAP:
4.13
ADP:
$21.95B
SAP:
€38.19B
ADP:
$10.58B
SAP:
€27.79B
ADP:
$6.35B
SAP:
€12.89B
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Return for Risk
ADP vs. SAP — Risk / Return Rank
ADP
SAP
ADP vs. SAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Automatic Data Processing, Inc. (ADP) and SAP SE (SAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADP | SAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.84 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.70 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.54 | -1.16 | +0.62 |
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Drawdowns
ADP vs. SAP - Drawdown Comparison
The maximum ADP drawdown since its inception was -59.51%, smaller than the maximum SAP drawdown of -87.91%. Use the drawdown chart below to compare losses from any high point for ADP and SAP.
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Drawdown Indicators
| ADP | SAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.51% | -87.91% | +28.40% |
Max Drawdown (1Y)Largest decline over 1 year | -37.68% | -49.60% | +11.92% |
Max Drawdown (3Y)Largest decline over 3 years | -40.78% | -52.26% | +11.48% |
Max Drawdown (5Y)Largest decline over 5 years | -40.78% | -52.26% | +11.48% |
Max Drawdown (10Y)Largest decline over 10 years | -40.78% | -52.26% | +11.48% |
Current DrawdownCurrent decline from peak | -15.78% | -40.11% | +24.33% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -28.33% | +15.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.40% | 30.00% | -8.60% |
Volatility
ADP vs. SAP - Volatility Comparison
The current volatility for Automatic Data Processing, Inc. (ADP) is 10.56%, while SAP SE (SAP) has a volatility of 15.58%. This indicates that ADP experiences smaller price fluctuations and is considered to be less risky than SAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADP | SAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.56% | 15.58% | -5.02% |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | 30.42% | -7.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.92% | 37.92% | -11.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.72% | 29.70% | -6.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.71% | 28.68% | -3.97% |
Dividends
ADP vs. SAP - Dividend Comparison
ADP's dividend yield for the trailing twelve months is around 2.49%, more than SAP's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADP Automatic Data Processing, Inc. | 2.49% | 2.46% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% |
SAP SAP SE | 1.60% | 1.05% | 0.97% | 1.41% | 2.05% | 1.56% | 1.31% | 1.27% | 1.73% | 0.87% | 1.08% | 1.11% |
Financials
ADP vs. SAP - Financials Comparison
This section allows you to compare key financial metrics between Automatic Data Processing, Inc. and SAP SE. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ADP vs. SAP - Profitability Comparison
ADP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported a gross profit of 2.90B and revenue of 5.47B. Therefore, the gross margin over that period was 53.0%.
SAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SAP SE reported a gross profit of 7.23B and revenue of 9.88B. Therefore, the gross margin over that period was 73.2%.
ADP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported an operating income of 1.14B and revenue of 5.47B, resulting in an operating margin of 20.8%.
SAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SAP SE reported an operating income of 2.65B and revenue of 9.88B, resulting in an operating margin of 26.8%.
ADP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported a net income of 978.60M and revenue of 5.47B, resulting in a net margin of 17.9%.
SAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SAP SE reported a net income of 2.18B and revenue of 9.88B, resulting in a net margin of 22.1%.
Frequently Asked Questions
ADP and SAP have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAP has higher volatility (15.58%) compared to ADP (10.56%). In terms of maximum drawdown, ADP dropped -59.51% vs SAP's -87.91%.
ADP currently has the higher Sharpe Ratio (-0.43 vs -0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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