Discontinued — last reported Q1 '25
Automatic Data Processing, Inc. Clientfundinterest — TOTAL REVENUES increased by 30.2% to $355.20M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $320.80M to $355.20M. Over 2 years (FY 2021 to FY 2023), Clientfundinterest — TOTAL REVENUES shows an upward trend with a 38.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher interest rates or a larger volume of client funds held, while a decrease suggests lower interest rates or reduced client fund balances.
This metric represents the interest income generated from the investment of client funds held by the company between the...
Comparable to 'Interest income on client funds' or 'Float revenue' reported by other payroll processors, payment service providers, or escrow-based financial service firms.
adp_segment_interest_on_funds_held_for_clients_total_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $103.10M | $101.10M | $106.00M | $118.00M | $126.70M | $141.00M | $187.20M | $249.40M | $235.80M | $201.70M | $225.30M | $320.80M | $253.30M | $272.80M | $355.20M |
| QoQ Change | — | -1.9% | +4.8% | +11.3% | +7.4% | +11.3% | +32.8% | +33.2% | -5.5% | -14.5% | +11.7% | +42.4% | -21.0% | +7.7% | +30.2% |
| YoY Change | — | — | — | — | +22.9% | +39.5% | +76.6% | +111.4% | +86.1% | +43.0% | +20.4% | +28.6% | +25.6% | +21.1% | +10.7% |