Automatic Data Processing Net income for fiscal 2012 was $1.39 billion, up from $1.25 billion for 2011. Revenue for the recently ended year was $10.67 billion, compared to $9.88 billion the prior year. Fourth quarter net income growth slowed to 8.7 percent, increasing to $258.4 million from $241.8 million in last year's corresponding period. Fourth quarter revenue was $2.64 billion, an increase of 5.1 percent from $2.51 billion a year earlier.
Payroll revenue rose by 7 percent for both the last quarter and for the year. Fourth quarter revenue was $1.89 billion, rising from $1.77 billion while the total for the year was $7.57 billion, compared to just over $7 billion the prior year.