ADP vs. WDAY
ADP (Automatic Data Processing, Inc.) and WDAY (Workday, Inc.) are both stocks. ADP operates in Staffing & Employment Services (Industrials), while WDAY operates in Software - Application (Technology). Over the past 10 years, ADP returned 14.19%/yr vs 7.15%/yr for WDAY. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
ADP vs. WDAY - 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 WDAY's -25.35% return. Over the past 10 years, ADP has outperformed WDAY with an annualized return of 14.19%, while WDAY has yielded a comparatively lower 7.15% 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%
WDAY
- 1D
- 1.41%
- 1M
- 18.42%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -27.85%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $692.52M | $605.05M | $636.26M | |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
ADP vs. WDAY - 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% |
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 53.94% |
Correlation
The correlation between ADP and WDAY is 0.60, 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. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2012 | 0.41 |
The correlation between ADP and WDAY shifts across timeframes, from 0.41 (all time) to 0.60 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ADP:
$106.51B
WDAY:
$42.00B
ADP:
$10.94
WDAY:
$3.23
ADP:
24.35
WDAY:
49.69
ADP:
2.07
WDAY:
0.03
ADP:
4.90
WDAY:
4.27
ADP:
17.65
WDAY:
6.10
ADP:
$21.95B
WDAY:
$9.85B
ADP:
$10.58B
WDAY:
$7.66B
ADP:
$6.35B
WDAY:
$1.57B
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Return for Risk
ADP vs. WDAY — Risk / Return Rank
ADP
WDAY
ADP vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Automatic Data Processing, Inc. (ADP) and Workday, Inc. (WDAY). 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 | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.92 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.55 | +0.25 |
| Martin ratioReturn relative to average drawdown | -0.54 | -0.90 | +0.36 |
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Drawdowns
ADP vs. WDAY - Drawdown Comparison
The maximum ADP drawdown since its inception was -59.51%, smaller than the maximum WDAY drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for ADP and WDAY.
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Drawdown Indicators
| ADP | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.51% | -63.38% | +3.87% |
Max Drawdown (1Y)Largest decline over 1 year | -37.68% | -54.58% | +16.90% |
Max Drawdown (3Y)Largest decline over 3 years | -40.78% | -63.38% | +22.60% |
Max Drawdown (5Y)Largest decline over 5 years | -40.78% | -63.38% | +22.60% |
Max Drawdown (10Y)Largest decline over 10 years | -40.78% | -63.38% | +22.60% |
Current DrawdownCurrent decline from peak | -15.78% | -47.81% | +32.03% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -21.29% | +8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.40% | 33.34% | -11.94% |
Volatility
ADP vs. WDAY - Volatility Comparison
The current volatility for Automatic Data Processing, Inc. (ADP) is 10.56%, while Workday, Inc. (WDAY) has a volatility of 19.91%. This indicates that ADP experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADP | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.56% | 19.91% | -9.35% |
Volatility (6M)Calculated over the trailing 6-month period | 23.32% | 43.24% | -19.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.92% | 49.57% | -22.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.72% | 40.40% | -17.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.71% | 39.45% | -14.74% |
Dividends
ADP vs. WDAY - Dividend Comparison
ADP's dividend yield for the trailing twelve months is around 2.49%, while WDAY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADP Automatic Data Processing, Inc. | 2.49% | 2.46% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% |
WDAY Workday, 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. WDAY - Financials Comparison
This section allows you to compare key financial metrics between Automatic Data Processing, Inc. and Workday, Inc.. 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. WDAY - 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%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
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%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
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%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
ADP and WDAY have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to ADP (10.56%). In terms of maximum drawdown, ADP dropped -59.51% vs WDAY's -63.38%.
ADP currently has the higher Sharpe Ratio (-0.43 vs -0.61), 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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