VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Automatic Data Processing, Inc. vs Teleperformance SE

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Automatic Data Processing, Inc.

ADP · NASDAQ

Market cap (USD)$80.3B
Gross margin (TTM)48.4%
Operating margin (TTM)18.8%
Net margin (TTM)20%
SectorTechnology
IndustryStaffing & Employment Services
CountryUS
Data as of2025-12-30
Moat score
71/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Automatic Data Processing, Inc.'s moat claims, evidence, and risks.

View ADP analysis

Teleperformance SE

TEP · Euronext Paris

Market cap (USD)$3.7B
Gross margin (TTM)21.7%
Operating margin (TTM)10.9%
Net margin (TTM)5%
SectorIndustrials
IndustrySpecialty Business Services
CountryFR
Data as of2026-04-25
Moat score
61/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Teleperformance SE's moat claims, evidence, and risks.

View TEP analysis

Comparison highlights

  • Moat score gap: Automatic Data Processing, Inc. leads (71 / 100 vs 61 / 100 for Teleperformance SE).
  • Segment focus: Automatic Data Processing, Inc. has 2 segments (67.5% in Employer Services); Teleperformance SE has 2 segments (85.5% in Core Services).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Weak.
  • Moat breadth: Automatic Data Processing, Inc. has 7 moat types across 4 domains; Teleperformance SE has 7 across 3.

Primary market context

Automatic Data Processing, Inc.

Employer Services

Market

Payroll processing and cloud HCM (HR, time, talent, tax, benefits) software and outsourcing

Geography

Global

Customer

Businesses (SMB to large enterprise)

Role

SaaS and managed services provider

Revenue share

67.5%

Teleperformance SE

Core Services

Market

Global outsourced customer experience management and digital integrated business process services

Geography

Global, serving around 170 markets from nearly 100 countries

Customer

Multinationals, digital platforms, public-sector agencies and large enterprises outsourcing customer operations

Role

Omnichannel CX, trust and safety, sales, technical support, back-office, AI data services and process transformation operator

Revenue share

85.5%

Side-by-side metrics

Automatic Data Processing, Inc.
Teleperformance SE
Ticker / Exchange
ADP - NASDAQ
TEP - Euronext Paris
Market cap (USD)
$80.3B
$3.7B
Gross margin (TTM)
48.4%
21.7%
Operating margin (TTM)
18.8%
10.9%
Net margin (TTM)
20%
5%
Sector
Technology
Industrials
Industry
Staffing & Employment Services
Specialty Business Services
HQ country
US
FR
Primary segment
Employer Services
Core Services
Market structure
Oligopoly
Competitive
Market share
16.7% (reported)
10% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
71 / 100
61 / 100
Moat domains
Demand, Legal, Supply, Financial
Supply, Demand, Legal
Last update
2025-12-30
2026-04-25

Moat coverage

Shared moat types

Compliance AdvantageScale Economies Unit Cost

Automatic Data Processing, Inc. strengths

Switching Costs GeneralFloat PrepaymentRegulated Standards PipeSuite BundlingUnderwriting Risk Pooling

Teleperformance SE strengths

Procurement InertiaScope EconomiesOperational ExcellenceBrand TrustLong Term Contracts

Segment mix

Automatic Data Processing, Inc. segments

Full profile >

Employer Services

Oligopoly

67.5%

Professional Employer Organization (PEO) Services

Competitive

32.5%

Teleperformance SE segments

Full profile >

Core Services

Competitive

85.5%

Specialized Services

Oligopoly

14.5%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.