Roseland, New Jersey-based Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management (HCM) solutions worldwide. The company has a market capitalization of $91.1 billion and operates through its Employer Services and Professional Employer Organization (PEO) segments, which offer strategic, cloud-based platforms, human resources (HR) outsourcing solutions, and more.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." ADP fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the software application industry.
