XML 76 R44.htm IDEA: XBRL DOCUMENT v3.25.2
Financial Data By Segment And Geographic Area (Tables)
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables present the Company's revenues, significant segment expenses, and earnings before income taxes by reportable segment:

Year ended June 30, 2025Employer ServicesPEO ServicesTotal
Revenues from external customers$12,692.2 $6,679.6 $19,371.8 
Interest on funds held for clients1,178.3 10.8 1,189.1 
Intercompany revenues 12.6 — 12.6 
Total segment revenues13,883.1 6,690.4 20,573.5 
Reconciliation of revenues:
Intercompany eliminations(12.6)
Total consolidated revenues$20,560.9 
Less segment expenses: (a)
Selling and marketing2,177.1 362.8 
Zero-margin benefits pass-through costs— 4,289.0 
Worker's compensation coverage and state unemployment taxes— 681.3 
Other segment expenses (b)6,697.5 406.8 
Total segment earnings before income taxes5,008.5 950.5 5,959.0 
Reconciliation of earnings before income taxes:
Other (c)(648.9)
Total consolidated earnings before income taxes$5,310.1 

Year ended June 30, 2024Employer ServicesPEO ServicesTotal
Revenues from external customers$11,953.6 $6,224.3 $18,177.9 
Interest on funds held for clients1,015.4 9.3 1,024.7 
Intercompany revenues 11.8 — 11.8 
Total segment revenues12,980.8 6,233.6 19,214.4 
Reconciliation of revenues:
Intercompany eliminations(11.8)
Total consolidated revenues$19,202.6 
Less segment expenses: (a)
Selling and marketing2,025.0 330.5 
Zero-margin benefits pass-through costs— 3,975.9 
Worker's compensation coverage and state unemployment taxes— 613.4 
Other segment expenses (b)6,400.3 392.3 
Total segment earnings before income taxes4,555.5 921.5 5,477.0 
Reconciliation of earnings before income taxes:
Other (c)(604.7)
Total consolidated earnings before income taxes$4,872.3 
Year ended June 30, 2023Employer ServicesPEO ServicesTotal
Revenues from external customers$11,222.0 $5,976.8 $17,198.8 
Interest on funds held for clients806.0 7.4 813.4 
Intercompany revenues 14.6 — 14.6 
Total segment revenues12,042.6 5,984.2 18,026.8 
Reconciliation of revenues:
Intercompany eliminations(14.6)
Total consolidated revenues$18,012.2 
Less segment expenses: (a)
Selling and marketing1,885.3 307.4 
Zero-margin benefits pass-through costs— 3,800.9 
Worker's compensation coverage and state unemployment taxes— 606.3 
Other segment expenses (b)6,183.1 292.3 
Total segment earnings before income taxes3,974.2 977.3 4,951.5 
Reconciliation of earnings before income taxes:
Other (c)(513.9)
Total consolidated earnings before income taxes$4,437.6 
(a) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intercompany expenses are included in the amounts shown.
(b) Other segment expenses for both reportable segments include operating, research and development, depreciation and amortization, and other general and administrative expenses.
(c) Other represents certain corporate overhead charges and expenses that have not been allocated to the reportable segments, including corporate functions, legal settlements, severance costs, non-recurring gains and losses, the elimination of intercompany transactions, and interest income and expense.

The following table presents the Company's depreciation and amortization included in earnings before income taxes for each reportable segment:

Years ended June 30,202520242023
Employer Services$512.4 $486.6 $467.6 
PEO Services6.7 6.8 7.5 
Other63.3 68.5 74.2 
Total depreciation and amortization$582.4 $561.9 $549.3 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table presents the Company's revenues and assets by geographic area:
United StatesEuropeCanadaOtherTotal
Year ended June 30, 2025
Revenues$18,179.2 $1,533.5 $489.3 $358.9 $20,560.9 
Assets$46,763.0 $3,025.5 $2,750.7 $830.1 $53,369.3 
Year ended June 30, 2024
Revenues$16,934.2 $1,451.4 $473.7 $343.3 $19,202.6 
Assets$47,989.9 $2,800.8 $2,796.6 $775.4 $54,362.7 
Year ended June 30, 2023
Revenues$15,950.9 $1,309.2 $427.5 $324.6 $18,012.2 
Assets$44,565.9 $2,602.2 $3,022.0 $780.9 $50,971.0