Adecco Group AG (SWX:ADEN)
Switzerland · Delayed Price · Currency is CHF 23.32
+0.82 (3.64%)
Aug 3, 2026, 10:15 AM CET
Adecco Group AG Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Net Income | 303 | 294 | 303 | 327 | 345 | 588 |
Depreciation & Amortization | 211 | 214 | 244 | 257 | 270 | 186 |
Stock-Based Compensation | - | 24 | 19 | 19 | 21 | 21 |
Other Adjustments | 57 | 38 | -34 | 23 | -74 | 7 |
Change in Receivables | -376 | -249 | 340 | 184 | -389 | -170 |
Changes in Accounts Payable | 430 | 368 | -94 | -235 | 142 | 119 |
Changes in Other Operating Activities | -46 | -76 | -71 | -12 | 228 | -29 |
Operating Cash Flow | 579 | 613 | 707 | 563 | 543 | 722 |
Operating Cash Flow Growth | -8.09% | -13.30% | 25.58% | 3.68% | -24.79% | 0.28% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Capital Expenditures | -131 | -130 | -144 | -216 | -215 | -132 |
Sale of Property, Plant & Equipment | - | 9 | 15 | 54 | 3 | 2 |
Cash Acquisitions | - | -30 | - | - | -1,245 | -143 |
Proceeds from Business Divestments | - | - | - | - | - | 122 |
Other Investing Activities | -10 | -5 | -28 | -47 | 11 | -55 |
Investing Cash Flow | -141 | -156 | -157 | -209 | -1,446 | -206 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Short-Term Debt Issued | 31 | -42 | -35 | -83 | -345 | -16 |
Net Short-Term Debt Issued (Repaid) | 31 | -42 | -35 | -83 | -345 | -16 |
Long-Term Debt Issued | - | - | 296 | - | 350 | 1,484 |
Long-Term Debt Repaid | - | -243 | -433 | -103 | -928 | -261 |
Net Long-Term Debt Issued (Repaid) | - | -243 | -137 | -103 | -578 | 1,223 |
Issuance of Common Stock | - | - | - | - | - | 229 |
Repurchase of Common Stock | - | -20 | - | - | -5 | -93 |
Net Common Stock Issued (Repurchased) | - | -20 | - | - | -5 | 136 |
Common Dividends Paid | - | -176 | -432 | -422 | -409 | -365 |
Other Financing Activities | - | -1 | -10 | -12 | -46 | 2 |
Financing Cash Flow | -403 | -462 | -634 | -620 | -1,383 | 980 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Foreign Exchange Rate Adjustments | -65 | -109 | 31 | 3 | 40 | 91 |
Net Cash Flow | -30 | -114 | -53 | -263 | -2,246 | 1,587 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | 448 | 483 | 563 | 347 | 328 | 590 |
Free Cash Flow Growth | -8.76% | -14.21% | 62.25% | 5.79% | -44.41% | 4.80% |
FCF Margin | 1.93% | 2.09% | 2.43% | 1.45% | 1.39% | 2.82% |
Free Cash Flow Per Share | 2.65 | 2.87 | 3.34 | 2.07 | 1.96 | 3.63 |
Levered Free Cash Flow | 799 | 386 | 66 | -67 | -156 | 1,937 |
Unlevered Free Cash Flow | 850.47 | 763.48 | 305.03 | 201.62 | 843.44 | 753.08 |