PAYX vs. ADP
Compare and contrast key facts about Paychex, Inc. (PAYX) and Automatic Data Processing, Inc. (ADP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAYX or ADP.
Correlation
The correlation between PAYX and ADP is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PAYX vs. ADP - Performance Comparison
Key characteristics
PAYX:
0.52
ADP:
1.80
PAYX:
0.84
ADP:
2.51
PAYX:
1.12
ADP:
1.33
PAYX:
0.79
ADP:
2.14
PAYX:
2.56
ADP:
10.07
PAYX:
4.02%
ADP:
2.72%
PAYX:
19.68%
ADP:
15.25%
PAYX:
-64.85%
ADP:
-59.50%
PAYX:
-7.34%
ADP:
-4.91%
Fundamentals
PAYX:
$50.49B
ADP:
$120.94B
PAYX:
$4.69
ADP:
$9.35
PAYX:
4.20
ADP:
2.69
PAYX:
$4.05B
ADP:
$19.52B
PAYX:
$2.92B
ADP:
$9.15B
PAYX:
$1.83B
ADP:
$5.98B
Returns By Period
In the year-to-date period, PAYX achieves a 19.22% return, which is significantly lower than ADP's 27.80% return. Both investments have delivered pretty close results over the past 10 years, with PAYX having a 14.82% annualized return and ADP not far ahead at 15.53%.
PAYX
19.22%
-2.03%
11.80%
11.06%
13.25%
14.82%
ADP
27.80%
-1.58%
19.61%
28.20%
13.65%
15.53%
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Risk-Adjusted Performance
PAYX vs. ADP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paychex, Inc. (PAYX) and Automatic Data Processing, Inc. (ADP). 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.
Dividends
PAYX vs. ADP - Dividend Comparison
PAYX's dividend yield for the trailing twelve months is around 2.78%, more than ADP's 1.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAYX Paychex, Inc. | 2.78% | 2.90% | 2.62% | 1.90% | 2.66% | 2.85% | 3.35% | 2.82% | 2.89% | 3.03% | 3.16% | 1.54% |
ADP Automatic Data Processing, Inc. | 1.97% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% | 2.10% | 2.21% |
Drawdowns
PAYX vs. ADP - Drawdown Comparison
The maximum PAYX drawdown since its inception was -64.85%, which is greater than ADP's maximum drawdown of -59.50%. Use the drawdown chart below to compare losses from any high point for PAYX and ADP. For additional features, visit the drawdowns tool.
Volatility
PAYX vs. ADP - Volatility Comparison
Paychex, Inc. (PAYX) and Automatic Data Processing, Inc. (ADP) have volatilities of 4.86% and 4.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PAYX vs. ADP - Financials Comparison
This section allows you to compare key financial metrics between Paychex, Inc. and Automatic Data Processing, 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