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Automatic Data Processing Inc
F:ADP

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Automatic Data Processing Inc
F:ADP
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Price: 200 EUR 5.93% Market Closed
Market Cap: €81.6B

Automatic Data Processing Inc
Investor Relations

Automatic Data Processing, or ADP, helps businesses pay their workers and manage core human-resources tasks. It sells payroll processing, tax filing, benefits administration, time and attendance tools, and related HR software and services. Its customers range from small businesses to large multinational employers that want a reliable outside provider to handle these back-office jobs. ADP makes money mainly by charging recurring fees for processing payroll and delivering HR services through its software platforms. Many customers use ADP as a long-term service partner because payroll has to be done accurately, on time, and in line with changing tax and labor rules. That makes the business more like a critical utility for employers than a one-time software sale. What sets ADP apart is its role in the middle of the employment system: it sits between companies, workers, tax authorities, and benefit providers and moves money and data among them. That gives it a sticky business model, because once a company connects its payroll and employee records to ADP, switching to another provider can be disruptive and risky.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Apr 29, 2026
AI Summary
Q3 2026

Beat: ADP said third-quarter revenue grew 7%, adjusted EBIT margin expanded 80 basis points, and adjusted EPS rose 10%, all ahead of expectations.

Guidance up: The company raised full-year consolidated revenue growth to 6% to 7% and adjusted EPS growth to 10% to 11%, while margin expansion guidance moved to 70 to 80 basis points.

Retention strength: Employer Services retention hit a new third-quarter record, and management said the improvement was broad-based across international, compliance, enterprise, small business, and retirement.

AI impact: ADP said its AI tools are already cutting work for clients and employees, including 30 minutes saved per payroll, about 80% fewer clicks for common HR actions, and an 8% year-over-year drop in client contacts in RUN.

Bookings steady: Management kept its full-year Employer Services bookings guide at 4% to 7%, saying fourth-quarter bookings still carry uncertainty even though demand, pipelines, and competitive conditions look healthy.

Price and balance tailwinds: Higher client funds balances, stronger pricing, and solid retention were key drivers of the improved outlook, while FX is expected to be less helpful in the fourth quarter.

Key Financials
Revenue
7% growth
Adjusted EBIT margin
80 basis points expansion
Adjusted EPS
10% growth
Employer Services revenue
7% reported growth
Employer Services retention
record high for a third quarter
Employer Services pays per control growth
1%
Client funds balances growth
9% growth in average client funds balances
Client funds interest revenue
$1.34 billion to $1.35 billion
Average yield
approximately 3.4%
PEO revenue
7% growth
PEO revenue excluding zero-margin pass-throughs
5% growth
Average worksite employee growth
2%
PEO margins
down 120 basis points
ES margins
up 130 basis points
Tax rate
around 23%
ADP Assist payroll agents
30 minutes saved per payroll
Smart Actions search
around 80% reduction in clicks and time for common HR actions
RUN client contacts
8% year-over-year reduction in client contacts
India year-end process
35% reduction in call volumes and 35% reduction in labor
The Zone adoption
20% of the total service population
Workforce data scale
1 in 6 workers in the U.S.; $3.3 trillion moved in fiscal 2025; more than 1.1 million clients; 42 million workers globally
Earnings Call Recording
Other Earnings Calls

Management

Ms. Maria Black
President, CEO & DIrector

Maria Black is a notable figure in the corporate world, particularly within Automatic Data Processing, Inc. (ADP), where she has held several key leadership roles. She has played an essential role in steering the company's strategic initiatives and driving growth. Maria Black has been recognized for her contributions to human capital management and her ability to lead complex organizations effectively. Her career at ADP has been marked by a focus on innovation and enhancing client experiences through advanced technological solutions. As a leader, she is known for her commitment to fostering an inclusive and dynamic workplace culture, reflecting ADP's values and mission.

Mr. Don Edward McGuire
Chief Financial Officer

Don McGuire is a prominent figure in the business and technology sectors, known for his role at Automatic Data Processing, Inc. (ADP), a leading provider of human capital management solutions. As Chief Marketing Officer (CMO) of ADP, McGuire plays a critical role in shaping the company's marketing strategies and enhancing its brand presence globally. He is instrumental in guiding ADP’s marketing efforts, focusing on customer-centric approaches and leveraging data-driven insights to drive business growth. With a keen understanding of the digital landscape and experience in leading marketing teams, McGuire is committed to fostering innovation and aligning marketing operations with business objectives. Throughout his career, Don McGuire has amassed extensive experience in marketing and leadership roles across various industries, contributing to his reputation as a strategic thinker and visionary leader. Before joining ADP, he held significant positions in renowned companies, where he developed and executed successful marketing campaigns and initiatives. His expertise spans digital marketing, brand management, and customer engagement, which he uses to elevate ADP’s market standing. McGuire’s leadership is also characterized by his ability to inspire teams and cultivate a culture of creativity and performance. His focus on integrating technology with marketing strategies ensures that ADP remains at the forefront of innovation while delivering exceptional value to its clients. Under his leadership, ADP continues to expand its reach and influence, adapting to changing market dynamics and meeting the evolving needs of businesses worldwide.

Mr. John C. Ayala
Chief Operating Officer

John C. Ayala is a prominent executive known for his significant contributions to Automatic Data Processing, Inc. (ADP), a leading global provider of human resources management software and services. Ayala serves as the Chief Operating Officer at ADP. In this capacity, he oversees the company's global operations, focusing on enhancing the efficiency and effectiveness of service delivery and operational processes. With a career at ADP spanning several years, Ayala has held various leadership positions, where he has been instrumental in driving transformative change and fostering innovation across the organization. He is recognized for his strategic acumen and ability to lead large-scale initiatives that enhance customer experience and operational performance. Ayala's leadership is characterized by his deep commitment to empowering employees and fostering a culture of inclusivity and collaboration. His efforts have contributed to ADP's reputation as a leader in the human capital management sector. Prior to his tenure at ADP, Ayala gained valuable experience in other industries, which have enriched his perspective and approach to leadership at ADP.

Mr. Michael Anthony Bonarti J.D.
Chief Administrative Officer

Michael Anthony Bonarti J.D. is a well-regarded executive known for his significant contributions to Automatic Data Processing, Inc. (ADP). Holding the position of Corporate Vice President, General Counsel, and Secretary, he has played a crucial role in overseeing legal, compliance, and regulatory functions at the company. Bonarti is responsible for guiding ADP's legal strategy, ensuring compliance with various laws and regulations, and managing the company's corporate governance matters. With a Juris Doctor degree, Bonarti combines his legal expertise with strategic business acumen to support ADP’s global operations. His leadership in the company extends to risk management and advising on matters that impact ADP's business practices and policies. Bonarti's tenure at ADP is marked by a commitment to ethical standards and fostering a culture of integrity within the organization. His contributions have been instrumental in navigating the complex legal landscape of a multinational organization, helping ADP maintain its reputation as a leader in human capital management solutions.

Mr. Joseph DeSilva Jr.
President of Global Sales

Joseph DeSilva Jr. is a prominent executive associated with Automatic Data Processing, Inc. (ADP). At ADP, he has held significant leadership roles, contributing notably to the company's success. DeSilva has served in positions focused on sales strategy and global business development. Throughout his tenure at ADP, DeSilva has driven efforts in enhancing client experience and fostering innovative solutions, particularly in human capital management services. His leadership has been instrumental in expanding the company’s reach and ensuring sustained growth. Known for his strategic insight, DeSilva continues to play a key role in steering ADP's initiatives and long-term objectives within the competitive landscape of HR and payroll services.

Mr. Jonathan Lehberger
Corporate Controller & Principal Accounting Officer

Jonathan Lehberger serves as a principal executive in Sales Operations and Data Analytics at Automatic Data Processing Inc. (ADP). In his role, he is responsible for leading and optimizing sales operations processes and leveraging data analytics to drive business insights and performance improvements. His work typically involves strategic planning, process enhancement, team leadership, and the integration of data-driven decision-making into the sales strategy. His efforts contribute to ADP’s overall effectiveness in offering human resources management software and services.

Mr. David Kwon J.D.
Corporate VP, Chief Legal Officer & General Counsel

David Kwon J.D. is a notable executive associated with Automatic Data Processing, Inc. (ADP), a leading global provider of human capital management solutions. As an executive at ADP, David Kwon has played a significant role in overseeing and guiding various operational, legal, or strategic aspects of the organization, depending on his specific role at the company. His legal background, as indicated by the J.D. (Juris Doctor) degree, suggests that he has a strong foundation in law, which is integral in navigating the complexities of corporate structures and compliance issues within a multinational company like ADP. Kwon's contributions to ADP have been aligned with the company's mission to power organizations with insightful solutions that drive business success. His experience likely encompasses working with diverse teams, influencing corporate governance, and contributing to ADP's reputation as a leader in the HCM industry. His leadership and expertise are vital to maintaining the company's growth and ensuring its services meet the evolving needs of clients across the globe. Additionally, executives like David Kwon are essential in fostering innovative practices and upholding ethical standards that contribute to the company's overall success and sustainability. (Note: Specific details about his career trajectory or accomplishments within ADP may not be widely published, and further information would require access to ADP's corporate releases or specific announcements.)

Ms. Allyce Hackmann
Vice President of External Communications
No Bio Available
Mr. Gus Blanchard
Chief Marketing Officer

As of the latest available information, Mr. Gus Blanchard does not appear to be a notable executive or officer at Automatic Data Processing, Inc. (ADP). It is possible that there may not be publicly available information on an individual by that name associated with ADP, or that he holds a position that does not typically garner public attention or records. If you have additional context or need information on another executive from ADP, please let me know.

Mr. Paul Boland
Chief Human Resources Officer
No Bio Available

Contacts

Address
NEW JERSEY
Roseland
1 Adp Blvd
Contacts
+19739745000.0
www.adp.com
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