ADP said it will present at its 2025 Investor Day in New York on June 12, 2025 at 9:00 a.m. ET. The company said it will furnish the slide presentation as Exhibit 99 and provide a webcast.

1. 01

   ADP said it will present at its 2025 Investor Day in New York on June 12, 2025 at 9:00 a.m. ET. The company said it will furnish the slide presentation as Exhibit 99 and provide a webcast.

2. 02

   The company set medium-term targets of 6 to 7% revenue growth on an organic constant currency basis, 8 to 10% Adjusted EBIT growth, and 9 to 11% Adjusted EPS growth. It said Adjusted EBIT growth assumes margin expansion of about 50 to 75 basis points per year, and assumes a 1% annual decline in diluted share count.

3. 03

   ADP said its Adj. EBIT margin expanded about 700 basis points, from FY15 18.9% to FY25E 26.0%. It said FY25E is based on the midpoint of guidance provided on April 30, 2025 and is not a reaffirmation of that guidance. It also said its extended investment strategy for client funds generated about $1.8B in incremental interest income over FY01 to FY24.

4. 04

   The company said PEO accounted for 32% of FY24 revenue of $19.2B, or $6.2B. Small Business revenue was $3.4B, Major Accounts revenue was $2.9B, and International revenue was $2.6B. PEO revenue includes zero-margin benefits pass-through revenue.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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