earnings
confidence high
sentiment positive
materiality 0.75
ADP reports FY2024 revenue $19.2B (+7%), diluted EPS $9.10 (+11%); guides FY2025 growth 5-6%
AUTOMATIC DATA PROCESSING INC
2024-FY EPS reported
$9.10
revenue$19,202,600,000
- FY2024 revenues $19.2B (+7%); Q4 revenues $4.8B (+6%). Organic constant currency grew 6% for the year.
- FY2024 net earnings $3.8B (+10%); adjusted diluted EPS $9.18 (+12%), aided by share buybacks.
- Employer Services new business bookings hit $2.0B (+7%) in FY2024; client satisfaction reached all-time high.
- Adjusted EBIT margin expanded 70 bps to 25.5% in FY2024; Q4 margin was 23.3% (+80 bps).
- FY2025 outlook: revenue growth 5-6%, adjusted EBIT margin expansion 60-80 bps, adjusted EPS growth 8-10%.