Capital Allocation and Market Strategy
We are the Pioneer and Global Leader of HCM
Company Overview
Leader in Human Capital Management software and solutions
■ 1M+ Clients | 140 Countries | 60,000+ Global ADP Associates
Deliver payroll for over 41 million workers globally
■ 25M+ in the US (1 in 6 US workers); 15M+ outside the US
■ Moved $3.1 trillion of US payroll and taxes on behalf of our
clients and their employees in FY23
Category leader in most of the markets in which we participate
Financial Overview
Unrivaled HCM Footprint
Small
Business
Client Size
Payroll
Client Need
Large
Enterprise
PEO² and HR
Outsourcing
Single-State
Client Location
Strategic Priorities
Global and
Multinational
FY23 Revenue
$18.0B
FY23 Adjusted EBIT¹
$4.5B
S&P Rating
AA-
FY23 Client Revenue
Retention
92.2%
Moody's Rating
Aa3
Fitch Rating
AA-
September 30, 2023
Market Cap
$99B
Years of Consecutive
Dividend Increases
48
Lead with
Best-in-Class
HCM Technology
Provide unmatched
Expertise &
Outsourcing
Benefit our
Clients with our
1. Adjusted EBIT is a non-GAAP metric. For a reconciliation of these non-GAAP financial metrics to their closest comparable GAAP metrics see our Q1 2024 earnings release available at investors.adp.com
2. Human Resource Outsourcing (HRO), Professional Employer Organization (PEO)
Global Scale
Copyright 2023 ADP, Inc.
3
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