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View All NewsPEO revenue at ADP rises 19% in fiscal Q4
July 31, 2014
Professional employer organization revenue at Automatic Data Processing Inc. (NASD: ADP) rose 19 percent to $580.6 million in its fiscal fourth quarter ended June 30. PEO revenue rose 15 percent for the full fiscal year.
ADP expects PEO revenue to grow 13 percent to 15 percent in fiscal year 2015.
PEO and total company revenue
Q4 2014 ($000s) | Q4 2013 ($000s) | % growth | |
PEO revenue | $580,600 | $486,900 | 19% |
Total company revenue (including non PEO) | $3,073,700 | $2,802,800 | 10% |
FY 2014 ($000s) | FY 2013 ($000s) | % growth | |
PEO revenue | $2,257,600 | $1,960,700 | 15% |
Total company revenue (including non PEO) | $12,206,500 | $11,287,600 | 8% |
Share price and market cap
Shares in ADP fell 1.25 percent in early morning trading to $81.12. The company had a market cap of $39.11 billion.