Adecco Group AG (ADEN.SW) stock analysis

In our weekly check, Adecco Group AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 9, red flags: 4.

About Adecco Group AG

Adecco Group AG is an Industrials company (Staffing & Employment Services) based in Switzerland, listed on SIX as ADEN.SW.

What our checks show for ADEN.SW

Red flags

• The net margin fell by 1.5 points over 5 years, to 1.3%: the company keeps less of each sale as profit.
• Revenue fell 0.4% a year over the last 3 years.
• The net margin is only 1.3%: little room if costs rise.
• The stock has fallen as much as 85% from a peak. Would you have held through that?

Warning signs

• Net debt is 4x a year of EBITDA (debt/equity 1.03). That limits room in a downturn and raises refinancing risk.
• The gross margin fell by 1.7 points, to 18.7%: costs are rising faster than prices.
• Analysts expect only about 2.9% a year of growth in revenue.
• Earnings per share fell 5.1% a year over the last 3 years.
• Net profit fell 5.1% a year over the last 3 years.
• Free cash flow is only 1.7% of revenue.
• The price swings a lot: 44.3% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 7.4%.

Strengths

• Operating cash flow is 1.79x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 22.7% a year over the next years.
• The dividend takes 29% of profit: there is a cushion.
• Pay in shares is only 0% of free cash flow.

Next earnings report: 2026-11-12

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Questions

What grade does Adecco Group AG (ADEN.SW) have?

In our weekly check, Adecco Group AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 9, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ADEN.SW stock?

This week's biggest flags for Adecco Group AG: Margins falling, Weak revenue growth, Thin margins. In total 13 of 25 checks show a warning or a red flag.

What does Adecco Group AG do?

Adecco Group AG is an Industrials company (Staffing & Employment Services) based in Switzerland, listed on SIX as ADEN.SW.

When does Adecco Group AG report earnings next?

The next earnings report is expected on 2026-11-12. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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