v3.26.1
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Revenue:      
Total service revenue $ 6,301.1 $ 5,410.0 $ 5,132.0
Interest on funds held for clients 210.9 161.7 146.3
Total revenue 6,512.0 5,571.7 5,278.3
Expenses:      
Cost of service revenue 1,674.5 1,540.4 1,479.3
Selling, general and administrative expenses 2,327.0 1,823.6 1,624.9
Total expenses 4,001.5 3,364.0 3,104.2
Operating income 2,510.5 2,207.7 2,174.1
Interest expense (269.5) (105.4) (37.3)
Other income, net 69.9 73.6 81.2
Income before income taxes 2,310.9 2,175.9 2,218.0
Income taxes 550.8 518.6 [1] 527.6 [1]
Net income 1,760.1 1,657.3 1,690.4
Other comprehensive income/(loss), net of tax 3.8 91.4 14.8
Comprehensive income $ 1,763.9 $ 1,748.7 $ 1,705.2
Basic earnings per share $ 4.90 $ 4.60 $ 4.69
Diluted earnings per share $ 4.89 $ 4.58 $ 4.67
Weighted-average common shares outstanding 358.9 360.2 360.3
Weighted-average common shares outstanding, assuming dilution 360.0 362.0 362.1
Management Solutions [Member]      
Revenue:      
Total service revenue $ 4,867.9 $ 4,067.1 $ 3,866.4
PEO and Insurance Solutions [Member]      
Revenue:      
Total service revenue $ 1,433.2 $ 1,342.9 $ 1,265.6
[1] Disclosures for 2025 and 2024 were adjusted for retrospective application of ASU 2023-09. Refer to Note A for further information on the adoption of ASU 2023-09.