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Statements of Consolidated Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
REVENUES:    
Revenues $ 5,175.2 $ 4,832.7
Costs of revenues:    
Operating expenses 2,461.6 2,285.8
Research and development 251.2 232.6
Depreciation and amortization 123.3 115.3
TOTAL COSTS OF REVENUES 2,836.1 2,633.7
Selling, general, and administrative expenses 1,006.3 926.7
Interest expense 135.4 137.8
TOTAL EXPENSES 3,977.8 3,698.2
Other income, net (110.1) (101.7)
EARNINGS BEFORE INCOME TAXES 1,307.5 1,236.2
Provision for income taxes 294.5 279.9
NET EARNINGS $ 1,013.0 $ 956.3
BASIC EARNINGS PER SHARE (in USD per share) $ 2.50 $ 2.34
DILUTED EARNINGS PER SHARE (in USD per share) $ 2.49 $ 2.34
Basic weighted average shares outstanding (in shares) 405.1 407.9
Diluted weighted average shares outstanding (in shares) 406.5 409.5
Revenues, other than interest on funds held for clients and PEO revenues    
REVENUES:    
Revenues $ 3,203.5 $ 3,007.2
Interest on funds held for clients    
REVENUES:    
Revenues 286.8 253.3
PEO Revenues    
REVENUES:    
Revenues [1] $ 1,684.9 $ 1,572.2
[1] Professional Employer Organization (“PEO”) revenues are net of direct pass-through costs, primarily consisting of payroll wages and payroll taxes of $18,534.4 million and $17,193.6 million for the three months ended September 30, 2025 and 2024, respectively.