Company: ADP
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000008670-25-000015
Chunk: 62

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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For the nine months ended March 31, 2025, in addition to the increase in net earnings, diluted EPS increased as a result of the impact of fewer shares outstanding resulting from the repurchase of approximately 3.4 million shares during the nine months ended March 31, 2025, and 3.3 million shares during the nine months ended March 31, 2024, partially offset by the issuances of shares under our employee benefit plans.

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ANALYSIS OF REPORTABLE SEGMENTS

RevenuesThree Months Ended% ChangeNine Months Ended% ChangeMarch 31,March 31, 20252024As ReportedOrganic constant currency20252024As ReportedOrganic constant currencyEmployer Services$3,767.9 $3,590.7 5 %5 %$10,417.4 $9,762.3 7 %6 %PEO Services1,788.5 1,665.6 7 %7 %5,026.3 4,681.2 7 %7 %Other(3.4)(2.5)n/mn/m(9.6)(9.4)n/mn/m$5,553.0 $5,253.8 6 %6 %$15,434.1 $14,434.1 7 %7 %

Earnings before Income TaxesThree Months Ended%ChangeNine Months Ended%ChangeMarch 31,March 31, 20252024As Reported20252024As ReportedEmployer Services$1,500.1 $1,421.7 6 %$3,847.3 $3,492.1 10 %PEO Services253.3 235.9 7 %730.6 713.8 2 %Other(131.5)(111.3)n/m(458.5)(422.9)n/m$1,621.9 $1,546.3 5 %$4,119.4 $3,783.0 9 %

MarginThree Months EndedNine Months EndedMarch 31,March 31, 20252024YoY Growth20252024YoY GrowthEmployer Services39.8 %39.6 %20 bps36.9 %35.8 %120 bpsPEO Services14.2 %14.2