Automatic Data Processing, Inc.ADPNASDAQ
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R&D Expenses Over TimeStrong
Percentile Rank100
3Y CAGR+7.4%
5Y CAGR+8.0%
Year-over-Year Change

Research and development spending

3Y CAGR
+7.4%/yr
vs +5.9%/yr prior
5Y CAGR
+8.0%/yr
Consistent
Acceleration
+1.5pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.5x
Solid growth
Streak
9 yr
Consecutive growthStrong
PeriodValueYoY Change
2025$988.60M+3.4%
2024$955.70M+13.1%
2023$844.80M+5.8%
2022$798.60M+11.4%
2021$716.60M+6.3%
2020$674.10M+5.9%
2019$636.30M+0.1%
2018$635.40M+1.3%
2017$627.50M+3.9%
2016$603.70M-