Adecco Group AG Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	23,082	23,138	23,957	23,640	20,949
Revenue Growth (YoY)	-0.24%	-3.42%	1.34%	12.85%	7.10%
Cost of Revenue	18,660	18,642	19,117	18,666	16,668
Gross Profit	4,422	4,496	4,840	4,974	4,281
Selling, General & Admin	3,752	3,813	3,990	4,164	3,346
Amortization of Goodwill & Intangibles	61	81	102	130	70
Operating Expenses	3,813	3,894	4,092	4,294	3,416
Operating Income	609	602	748	680	865
Interest Expense	-68	-73	-77	-49	-32
Interest & Investment Income	13	14	16	9	5
Earnings From Equity Investments	29	35	23	30	23
Currency Exchange Gain (Loss)	-28	-8	-9	-4	-6
Other Non Operating Income (Expenses)	-44	-35	-51	-49	-8
EBT Excluding Unusual Items	511	535	650	617	847
Merger & Restructuring Charges	-60	-87	-133	-155	-70
Gain (Loss) on Sale of Assets	-17	-	-	-	11
Asset Writedown	-	-	-	-	-31
Other Unusual Items	-	-5	-10	-11	-4
Pretax Income	434	443	507	451	753
Income Tax Expense	140	140	180	106	165
Earnings From Continuing Operations	294	303	327	345	588
Minority Interest in Earnings	1	-	-2	-3	-2
Net Income	295	303	325	342	586
Net Income to Common	295	303	325	342	586
Net Income Growth	-2.64%	-6.77%	-4.97%	-41.64%	-
Shares Outstanding (Basic)	168	168	167	167	162
Shares Outstanding (Diluted)	169	168	168	167	163
Shares Change (YoY)	0.13%	0.19%	0.57%	2.67%	0.44%
EPS (Basic)	1.76	1.81	1.94	2.05	3.62
EPS (Diluted)	1.75	1.80	1.94	2.04	3.60
EPS Growth	-2.78%	-7.22%	-4.90%	-43.33%	-
Free Cash Flow	483	563	347	328	590
Free Cash Flow Per Share	2.87	3.34	2.06	1.96	3.63
Dividend Per Share	1.074	1.066	2.686	1.872	1.206
Dividend Growth	0.77%	-60.32%	43.48%	55.27%	-47.80%
Gross Margin	19.16%	19.43%	20.20%	21.04%	20.43%
Operating Margin	2.64%	2.60%	3.12%	2.88%	4.13%
Profit Margin	1.28%	1.31%	1.36%	1.45%	2.80%
Free Cash Flow Margin	2.09%	2.43%	1.45%	1.39%	2.82%
EBITDA	725	748	916	875	984
EBITDA Margin	3.14%	3.23%	3.82%	3.70%	4.70%
D&A For EBITDA	116	146	168	195	119
EBIT	609	602	748	680	865
EBIT Margin	2.64%	2.60%	3.12%	2.88%	4.13%
Effective Tax Rate	32.26%	31.60%	35.50%	23.50%	21.91%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.