---
schema_version: "secwatch.filing_event.v1"
accession: "0000008670-23-000033"
form_type: "8-K"
ticker: "ADP"
cik: "0000008670"
company_name: "AUTOMATIC DATA PROCESSING INC"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:42:14.111408+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ADP Q1 FY2024 revenue $4.5B (+7% YoY), adjusted EPS $2.08 (+12%), maintains full-year guidance

## Summary
- Revenue $4.5B, up 7% YoY; organic constant currency growth 7%.
- Net earnings $859M (+10% YoY); adjusted net earnings $860M (+11%).
- Adjusted diluted EPS $2.08, up 12% YoY.
- Fiscal 2024 outlook: revenue growth 6-7%, adjusted diluted EPS growth 10-12%, EBIT margin expansion 60-80 bps.
- Adjusted EBIT margin 24.2%, up 10 bps; strong client retention and new business bookings.

## SEC filing metadata
- accession: 0000008670-23-000033
- form_type: 8-K
- ticker: ADP
- cik: 0000008670
- company_name: AUTOMATIC DATA PROCESSING INC
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8670/000000867023000033/0000008670-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8670/000000867023000033/adp-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008670-23-000033
- JSON: https://secwatch.observer/filing/0000008670-23-000033.json
- Plain text: https://secwatch.observer/filing/0000008670-23-000033.txt

## Key facts
- Earnings Releases
  AUTOMATIC DATA PROCESSING INC reported first quarter ended September 30, 2023 results: revenue $4.5 billion, net income $859 million, EPS $2.08. Guidance reaffirmed.
  - Period: first quarter ended September 30, 2023
  - Revenue: $4.5 billion
  - Net income: $859 million
  - EPS: $2.08
  - Guidance: reaffirmed
  - Result: reported results
  source text: ADP Reports First Quarter Fiscal 2024 Results • Revenues increased 7% compared to last year's first quarter to $4.5 billion; 7% organic constant currency • Net earnings increased 10% to $859 million, and adjusted net earnings increased 11% to $860 million • Adjusted EBIT increased 7% to $1.1 billion, and adjusted EBIT margin increased 10 basis points to 24.2% • Diluted earnings per share ("EPS") increased 11% to $2.08; adjusted diluted EPS increased 12% to $2.08 • Maintaining fiscal 2024 consolidated outlook for revenue growth of 6% to 7%, adjusted EBIT margin expansion of 60 to 80 basis points, and adjusted diluted EPS growth of 10% to 12%
  evidence_url: https://www.sec.gov/Archives/edgar/data/8670/000000867023000033/0000008670-23-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.