Automatic Data Processing Inc vs Cadence Design Systems Inc — how do they compare? Automatic Data Processing Inc trades at $269.5 (market cap $108.72B), while Cadence Design Systems Inc trades at $326.36 (market cap $91.41B). The key difference: Automatic Data Processing Inc is the larger of the two by market cap, and Automatic Data Processing Inc pays a 2.48% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| ADP | CDNS | |
|---|---|---|
Market Cap | $108.72B | $91.41B |
Sector | Industrials | Technology |
52-Week High | $309.03 | $416.39 |
52-Week Low | $188.79 | $265.66 |
Enterprise Value | $109.76B | $92.62B |
Dividend Yield | 2.48% | — |
Trailing returns across standard periods
Latest headlines on both assets
ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 990,000 clients primarily in the United States. ADP's employer services segment offers payroll, HCM solutions, HR outsourcing, insurance and retirement services. The smaller but faster-growing PEO segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
Read more on ADP →Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →