Adecco Group AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	22,997	23,138	23,957	23,640	20,949	19,561
Revenue Growth (YoY)	-1.61%	-3.42%	1.34%	12.85%	7.10%	-16.50%
Cost of Revenue	18,587	18,642	19,117	18,666	16,668	15,772
Gross Profit	4,410	4,496	4,840	4,974	4,281	3,789
Selling, General & Admin	3,762	3,813	3,990	4,164	3,346	3,217
Amortization of Goodwill & Intangibles	63	81	102	130	70	81
Operating Expenses	3,825	3,894	4,092	4,294	3,416	3,298
Operating Income	585	602	748	680	865	491
Interest Expense	-71	-73	-77	-49	-32	-30
Interest & Investment Income	14	14	16	9	5	11
Earnings From Equity Investments	41	35	23	30	23	20
Currency Exchange Gain (Loss)	-8	-8	-9	-4	-6	-10
Other Non Operating Income (Expenses)	-42	-35	-51	-49	-8	-4
EBT Excluding Unusual Items	519	535	650	617	847	478
Merger & Restructuring Charges	-87	-87	-133	-155	-70	-
Impairment of Goodwill	-	-	-	-	-	-362
Gain (Loss) on Sale of Assets	-	-	-	-	11	-17
Asset Writedown	-	-	-	-	-31	-27
Other Unusual Items	-10	-5	-10	-11	-4	-4
Pretax Income	422	443	507	451	753	68
Income Tax Expense	143	140	180	106	165	165
Earnings From Continuing Operations	279	303	327	345	588	-97
Minority Interest in Earnings	1	-	-2	-3	-2	-1
Net Income	280	303	325	342	586	-98
Net Income to Common	280	303	325	342	586	-98
Net Income Growth	-6.04%	-6.77%	-4.97%	-41.64%	-	-
Shares Outstanding (Basic)	168	168	167	167	162	161
Shares Outstanding (Diluted)	168	168	168	167	163	162
Shares Change (YoY)	-0.07%	0.19%	0.57%	2.67%	0.44%	-0.33%
EPS (Basic)	1.67	1.81	1.94	2.05	3.62	-0.61
EPS (Diluted)	1.66	1.80	1.94	2.04	3.60	-0.61
EPS Growth	-6.57%	-7.22%	-4.90%	-43.33%	-	-
Free Cash Flow	503	563	347	328	590	563
Free Cash Flow Per Share	2.99	3.34	2.06	1.96	3.63	3.48
Dividend Per Share	1.066	1.066	2.686	1.872	1.206	2.310
Dividend Growth	-60.32%	-60.32%	43.48%	55.27%	-47.80%	0.42%
Gross Margin	19.18%	19.43%	20.20%	21.04%	20.43%	19.37%
Operating Margin	2.54%	2.60%	3.12%	2.88%	4.13%	2.51%
Profit Margin	1.22%	1.31%	1.36%	1.45%	2.80%	-0.50%
Free Cash Flow Margin	2.19%	2.43%	1.45%	1.39%	2.82%	2.88%
EBITDA	702	748	916	875	984	627
EBITDA Margin	3.05%	3.23%	3.82%	3.70%	4.70%	3.21%
D&A For EBITDA	117	146	168	195	119	136
EBIT	585	602	748	680	865	491
EBIT Margin	2.54%	2.60%	3.12%	2.88%	4.13%	2.51%
Effective Tax Rate	33.89%	31.60%	35.50%	23.50%	21.91%	242.65%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.