How has ADP's operating profit trended in the past year?

ADP's operating profit has shown a general upward trend over the past year, with some fluctuations. Here's a detailed analysis:

1. **Growth Trend**: ADP's operating income for the quarter ending December 31, 2024, was $1.300 billion, a 9.79% increase year-over-year. For the twelve months ending December 31, 2024, the operating income was $5.219 billion, a 10.99% increase year-over-year. The annual operating income for 2024 was $4.947 billion, a 9.75% increase from 2023.
2. **Quarterly Variations**: Operating income has varied slightly across different quarters. For instance, the operating income for Q2 2024 was $1.102 billion, while Q1 2024 had a higher operating income of $1.545 billion. Q3 2024 saw a decrease to $1.272 billion, but Q4 2024 recovered to $1.300 billion.
3. **Comparison with Previous Years**: ADP's operating income for 2023 was $4.507 billion, an 18.52% increase from 2022. This indicates a strong performance in 2023, which contributed to the growth in 2024.
4. **Projections and Estimates**: Analysts had estimated an EPS of $2.10 for Q2 2024, which ADP surpassed with an EPS of $2.13. This suggests that ADP has been performing well relative to market expectations.

In summary, ADP's operating profit has demonstrated a positive trend over the past year, with strong performances in key quarters and a general upward trajectory in annual figures.