Aon Plc reported its second-quarter 2025 earnings with adjusted earnings per share (EPS) of $3.49, surpassing the estimated $3.40. The company's adjusted operating margin was 28.2%, in line with expectations. Revenue totaled $4.16 billion, matching estimates, while organic revenue growth reached 6%, exceeding the forecast of 4.98%. Operating expenses were $3.30 billion, slightly above the estimated $3.23 billion. Net income stood at $579 million, supported by strong free cash flow growth of 59% and ongoing execution of the Aon United strategy. Meanwhile, Automatic Data Processing Inc (ADP) released its fourth-quarter 2025 results, reporting adjusted EPS of $2.26 versus an estimate of $2.23 and reported EPS of $2.23. Adjusted EBIT was $1.20 billion, above the estimated $1.183 billion, with an adjusted EBIT margin of 23.7%. ADP's revenues increased 7% to $5.13 billion for the quarter and $20.6 billion for the year, with organic constant currency growth also at 7%. Net income for the quarter was $1.21 billion, driven by client funds interest and record sales in the Professional Employer Organization (PEO) segment. For the full year, diluted EPS rose 10% to $9.98, and adjusted diluted EPS increased 9% to $10.01, with net earnings up 9% to $4.1 billion.