ADP · News · 20261003N

Revenue Performance and Mix

AUTOMATIC DATA PROCESSING INC · 2026-10-03 · Importance 41 · Surprise 32 · In source text

ADP’s pays-per-control metric grew 1% in fiscal 2026, indicating limited underlying volume growth because the company charges customers per employee paid. ADP projects pays-per-control growth of 0–1% in fiscal 2027, signaling continued pressure on payroll-linked revenue. The company reported quarterly revenue of $5.47 billion, while new business bookings, client float income, and workforce-management complexity provided partial offsets to slower employment growth.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobable—ADP's "pays-per-control" metric is projected at 0-1% for 2027.
revenuepositiverealized—The company reported USD 5.47 billion in revenue for the quarter.