Automatic Data Processing Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $8.93B | $8.84B | $8.73B |
| Employer Services | — | — | — |
| PEO Services | — | — | — |
| Other/Eliminations | — | — | — |
| Cost of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Gross Margin | — | — | — |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $2.13B | $2.19B | $2.36B |
| Operating Income | $1.87B | $1.93B | $1.88B |
| Operating Margin | 21.0% | 21.9% | 21.6% |
| Interest Expense | $8.6M | $33.3M | $80.5M |
| Pretax Income | $1.86B | $1.90B | $1.80B |
| Income Tax Expense | $655.9M | $575.0M | $647.7M |
| Net Income | $1.21B | $1.33B | $1.24B |
| Net Margin | 13.6% | 15.1% | 14.1% |
| EPS (Basic) | $2.42 | $2.65 | $2.37 |
| EPS (Diluted) | $2.40 | $2.63 | $2.34 |
| Shares Outstanding (Basic) | 500.5M | 503.2M | 521.5M |
| Shares Outstanding (Diluted) | 503.7M | 505.8M | 527.2M |
| Dividends Per Share | $1.35 | $1.28 | $1.10 |