AUTOMATIC DATA PROCESSING INC (ADP) Form 10-K — Aug 5, 2026

$ADPForm 10-KFiled Aug 5, 2026, 4:01 PM ET0000008670-26-000030Original filing

ADP filed its fiscal 2026 annual report showing revenue of $21,947.4 million, up 7% (6% organic constant currency), with net earnings of $4,413.5 million, up 8%. Diluted EPS grew 10% to $10.94 and adjusted diluted EPS rose 11% to $11.12, supported by 80 basis points of adjusted EBIT margin expansion to 26.8%. Employer Services revenue rose 7% to $14,831.4 million with a 36.7% margin, while PEO Services revenue grew 7% to $7,128.1 million but its margin contracted 110 basis points to 13.1%. Employer Services client revenue retention held at 92.1% and new business bookings grew 6%.

Key figures

Eps: 10.94
Revenue: $21,947.4 million
Guidance: Fiscal 2027 capital expenditures expected between $200.0 million and $225.0 million
Net Income: $4,413.5 million
Total Debt: $5.0 billion senior unsecured notes (maturities 2028-2036)
Revenue Yoy: 7% (6% organic constant currency)
Cash Position: $4.2 billion
Shares Outstanding: 397262737
Ebit: $5,730.3 million (+8%)
Ebit margin: 26.1% (+30 bps)
Adjusted ebit: $5,874.6 million (+10%)
Rd investment: $1.405 billion
Dividends paid: $2.6 billion
Share repurchases: $2.1 billion (8.6 million shares at avg $242.92)
Client funds moved: $3.5 trillion
Effective tax rate: 23.0%
Operating cash flow: $5,441.2 million
Peo services margin: 13.1% (-110 bps)
Adjusted diluted eps: $11.12 (+11%)
Adjusted ebit margin: 26.8% (+80 bps)
Capital expenditures: $195.7 million
Peo services revenue: $7,128.1 million (+7%)
Buyback authorization: $6 billion approved January 2026; $4,864,027,161 remaining at June 30, 2026
Pays per control growth: 1%
Employer services margin: 36.7% (+60 bps)
Business alignment charge: $91.1 million (Q4 FY2026, incl. $89.1 million severance)
Chubb reinsurance premium: $327.8 million paid July 2026 for FY2027
Employer services revenue: $14,831.4 million (+7%)
Committed credit facilities: $11.7 billion
Es client revenue retention: 92.1%
Average client funds balances: $40.4 billion (+7.4%)
Es new business bookings growth: 6%
Market value non affiliate equity: $103,569,897,016
Interest on funds held for clients: $1,354.8 million
Peo average worksite employees growth: 2%

Price after filing

1 day: +1.3%7 days: -0.3%30 days: +5.0%

Close on the filing date to close N calendar days later (from $270.09). Historical, not a forecast.

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