ADP vs. SKX

Last updated Jun 13, 2026

ADP (Automatic Data Processing, Inc.) and SKX (Skechers U.S.A., Inc.) are both stocks. ADP operates in Staffing & Employment Services (Industrials), while SKX operates in Footwear & Accessories (Consumer Cyclical). At a 0.29 correlation, their price movements are largely independent.

Performance

ADP vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Automatic Data Processing, Inc. (ADP) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ADP

• 1D: 0.96%
• 1M: 6.27%
• YTD: -10.66%
• 6M: -13.64%
• 1Y: -24.22%
• 3Y*: 3.25%
• 5Y*: 4.80%
• 10Y*: 12.40%

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADP vs. SKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADP Automatic Data Processing, Inc.	-10.66%	-10.18%	28.41%	-0.25%	-1.29%	42.60%	5.86%	32.71%	14.25%	16.54%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between ADP and SKX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.29

Over the past year, the correlation between ADP and SKX has dropped to 0.08 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ADP : $91.00B SKX : $9.55B
EPS ADP : $10.72 SKX : $4.40
PE Ratio ADP : 21.10 SKX : 14.35
PEG Ratio ADP : 1.59 SKX : 0.09
PS Ratio ADP : 4.25 SKX : 1.01
PB Ratio ADP : 14.33 SKX : 2.00
Total Revenue (TTM) ADP : $21.60B SKX : $9.41B
Gross Profit (TTM) ADP : $10.26B SKX : $4.96B
EBITDA (TTM) ADP : $6.51B SKX : $1.07B

Return for Risk

ADP vs. SKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADP

ADP Risk / Return Rank: 11
ADP Sharpe Ratio Rank: 5
ADP Sortino Ratio Rank: 7
ADP Omega Ratio Rank: 8
ADP Calmar Ratio Rank: 19
ADP Martin Ratio Rank: 16

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADP vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Automatic Data Processing, Inc. (ADP) and Skechers U.S.A., Inc. (SKX). 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	SKX	Difference
Sharpe ratio: Return per unit of total volatility	-1.02	—	—
Sortino ratio: Return per unit of downside risk	-1.41	—	—
Omega ratio: Gain probability vs. loss probability	0.83	—	—
Calmar ratio: Return relative to maximum drawdown	-0.65	—	—
Martin ratio: Return relative to average drawdown	-1.21	—	—

Drawdowns

Drawdown Indicators

	ADP	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-59.51%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-38.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.78%	—	—
Current Drawdown Current decline from peak	-28.50%	—	—
Average Drawdown Average peak-to-trough decline	-12.59%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	20.40%	—	—

Volatility

Volatility by Period

	ADP	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	—	—

Dividends

ADP vs. SKX - Dividend Comparison

ADP's dividend yield for the trailing twelve months is around 3.62%, while SKX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADP Automatic Data Processing, Inc.	2.94%	2.46%	1.96%	2.21%	1.83%	1.55%	2.08%	1.92%	2.14%	2.00%	2.10%	2.36%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ADP vs. SKX - Profitability Comparison

The chart below illustrates the profitability comparison between Automatic Data Processing, Inc. and Skechers U.S.A., Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ADP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported a gross profit of 2.87B and revenue of 5.94B. Therefore, the gross margin over that period was 48.3%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

ADP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported an operating income of 1.79B and revenue of 5.94B, resulting in an operating margin of 30.1%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

ADP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported a net income of 1.36B and revenue of 5.94B, resulting in a net margin of 22.9%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both ADP and SKX in my portfolio?

ADP and SKX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.