Adecco Group Vergangene Ertragsentwicklung
Vergangenheit Kriterienprüfungen 4/6
Adecco GroupDie Gewinne des Unternehmens sind mit einer durchschnittlichen jährlichen Rate von -14.1% zurückgegangen, während in der Branche Professional Services die Gewinne wachsen. Die Umsatzerlöse sind gewachsen mit einer durchschnittlichen Rate von 2.5% pro Jahr. Adecco Group Die Eigenkapitalrendite des Unternehmens beträgt 8.6%, und die Nettomargen liegen bei 1.3%.
Wichtige Informationen
-14.07%
Wachstumsrate der Gewinne
-15.00%
EPS-Wachstumsrate
| Professional Services Wachstum der Industrie | 12.14% |
| Wachstumsrate der Einnahmen | 2.46% |
| Eigenkapitalrendite | 8.63% |
| Netto-Marge | 1.31% |
| Nächste Ertragsaktualisierung | 06 Aug 2026 |
Jüngste Aktualisierungen vergangener Leistungen
Analyseartikel • May 21
We Think Adecco Group's (VTX:ADEN) Healthy Earnings Might Be Conservative
Despite posting healthy earnings, Adecco Group AG's ( VTX:ADEN ) stock has been quite weak. Our analysis suggests that...Analyseartikel • Nov 15
Investors Can Find Comfort In Adecco Group's (VTX:ADEN) Earnings Quality
The market was pleased with the recent earnings report from Adecco Group AG ( VTX:ADEN ), despite the profit numbers...Recent updates
Narrative-Update • Jul 23
ADEN: Cyclical And Structural Profit Risks Will Constrain Medium Term Recovery
Adecco Group's updated analyst price target now reflects a modest uplift in fair value, supported by a lower discount rate, slightly higher revenue growth and profit margin assumptions, and a marginally adjusted future P/E, in line with recent shifts in Street research views that range from CHF 13 on the cautious side to CHF 25 at the more constructive end. Analyst Commentary Recent research on Adecco Group shows a split view, with some firms turning more positive while bearish analysts highlight risks around earnings recovery, growth visibility, and the sustainability of any upturn in staffing demand.
Narrative-Update • Jul 01
ADEN: AI Execution And Earnings Stabilization May Support Future Repricing
Adecco Group's updated analyst price target has been reduced from about CHF 36.50 to around CHF 32.10. This reflects a lower implied fair value as analysts factor in trimmed future P/E assumptions, slightly softer revenue growth expectations, and recent downgrades that highlight concerns about medium term profit recovery.Analyseartikel • Jun 18
Adecco Group (SWX:ADEN) Stock Could Be 21.5% Overvalued After Its AI Recruitment Milestone
Adecco Group (SWX:ADEN) is in focus after reporting more than one million AI powered candidate interactions across ten countries, with its AI agents now supporting seven stages of the recruitment lifecycle. See our latest analysis for Adecco Group. The AI milestone comes after a challenging period for Adecco Group shares, with the 1-year total shareholder return down 30.12% and the year to date share price return down 32.61%, while the more recent 30-day share price return of 2.26% hints at...
Narrative-Update • Jun 17
ADEN: Stabilizing Earnings And AI Execution Will Support Future Share Price Rebound
The analyst price target for Adecco Group has been trimmed slightly to CHF 21.29 from CHF 21.53 as analysts factor in reduced fair value and P/E assumptions, along with recent cuts to Street targets, including downgrades to Sell and lower CHF 13 to CHF 25 targets. Analyst Commentary Recent research on Adecco Group highlights a mix of concerns around profit visibility and valuation, set against more constructive views on longer term execution potential.Narrative-Update • Jun 03
ADEN: Renewed Downgrades And Cyclical Risks Will Pressure Medium Term Profit Recovery
Adecco Group's updated analyst price target has been reduced to CHF 13 from CHF 21, as analysts factor in lower fair value estimates of CHF 13.01, softer revenue growth and profit margin assumptions, and a reduced future P/E of 8.04x amid concerns about medium term profit recovery and renewed cyclical risks. Analyst Commentary Recent research updates point to a more cautious stance on Adecco Group, with several bearish analysts revisiting their profit expectations and valuation frameworks.Analyseartikel • May 21
We Think Adecco Group's (VTX:ADEN) Healthy Earnings Might Be Conservative
Despite posting healthy earnings, Adecco Group AG's ( VTX:ADEN ) stock has been quite weak. Our analysis suggests that...Narrative-Update • May 19
ADEN: Earnings Stabilization And Lower P E Assumptions Will Support Future Upside
Narrative Update: Adecco Group Analyst Price Target Revision The updated analyst fair value estimate for Adecco Group has moved lower from CHF 25.61 to CHF 21.53. This change reflects a series of reduced price targets, higher assumed risk, and more cautious assumptions on revenue growth, profit margins, and future P/E multiples as analysts factor in concerns about profit recovery and new cyclical and structural risks.Narrative-Update • May 02
ADEN: Repeated Downgrades And Index Removal Will Restrain Future Share Rerating
Narrative Update: Adecco Group The updated analyst work supports a slightly higher price target of CHF 15.92 from CHF 15.91, as analysts factor in modest adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions following recent target cuts from Citi and Morgan Stanley and a rating move to Neutral at UBS. Analyst Commentary Recent Street research on Adecco Group points to a more cautious tone, with several price targets adjusted lower and at least one downgrade that shifts the balance of opinion toward a wait and see stance.Narrative-Update • Apr 18
ADEN: Repeated Price Target Cuts Will Pressure Shares As Margin Outlook Weakens
Adecco Group's updated analyst price target has been trimmed by roughly CHF 3, with analysts pointing to a lower fair value estimate, a higher discount rate, slightly different revenue growth assumptions, and a reduced profit margin outlook, despite a modestly higher future P/E multiple. Analyst Commentary Recent Street research points to a cautious tone around Adecco Group, with several price target cuts and only a limited improvement in ratings.Narrative-Update • Apr 03
ADEN: Earnings Stabilization And Lower P E Assumptions May Support Repricing
Analysts have trimmed their average price targets for Adecco, with several recent updates lowering estimates into the CHF 20 to CHF 25 range. This has contributed to a slightly adjusted fair value view, supported by modest tweaks to discount rate, revenue growth, profit margin and future P/E assumptions.Narrative-Update • Mar 20
ADEN: Earnings Stabilization And Lower P E Expectations Will Support Medium-Term Upside
Adecco Group's updated analyst price target has been revised to CHF 25, down from CHF 27, as analysts incorporate a higher discount rate and a lower assumed future P/E multiple, partly offset by updated assumptions for revenue growth and profit margins. Analyst Commentary Recent research on Adecco Group shows a split view, with some analysts seeing more balanced risk and reward, while others remain cautious on the share price and the company’s ability to execute through sector headwinds.Narrative-Update • Mar 06
ADEN: Lower P E Assumptions May Set Stage For Future Repricing
Narrative Update Adecco Group's updated analyst price target has shifted lower to CHF 21.00 from CHF 22.50, as analysts factor in a lower assumed future P/E multiple and concerns that cyclical headwinds, combined with structural challenges, could keep earnings subdued for longer. Analyst Commentary Recent Street research on Adecco highlights a cautious tone, with price targets moving into a tighter range around CHF 20 to CHF 21 and ratings reflecting concerns about both cyclical and structural pressures on earnings.Narrative-Update • Feb 19
ADEN: Cyclical And Structural Earnings Reset May Set Up Future Repricing Potential
Narrative Update: Adecco Group The analyst price target for Adecco Group has been revised down by CHF 4 to CHF 20, as analysts point to ongoing cyclical headwinds combined with structural challenges that they expect could keep earnings lower for longer. Analyst Commentary Recent research has turned more cautious on Adecco Group, with a downgrade to an Underperform rating and a price target set at CHF 20, down from CHF 24.Narrative-Update • Feb 04
ADEN: Earnings Reset And Structural Pressures Could Support Future Upside Repricing
Adecco Group's analyst fair value estimate has edged down slightly to about CHF 39.35 from CHF 39.55, as analysts factor in Jefferies' downgrade and its view that cyclical and structural pressures could keep earnings "lower for longer". Analyst Commentary The recent downgrade and reduced price target to CHF 20 reflect how some analysts are resetting expectations for Adecco Group, with concerns that a mix of cyclical and structural pressures could keep earnings subdued for an extended period.Narrative-Update • Jan 21
ADEN: Higher Fair Value Suggests Undervalued Shares Despite Sector Headwinds
Analysts have inched their fair value estimate for Adecco Group to about CHF 39.55 from roughly CHF 39.24. This reflects a slightly higher assumed discount rate, more cautious views on revenue growth and profit margins, and a higher future P/E multiple, while Street research highlights ongoing cyclical and structural challenges for the sector.Analyseartikel • Jan 21
Adecco Group AG's (VTX:ADEN) Subdued P/E Might Signal An Opportunity
With a price-to-earnings (or "P/E") ratio of 14.2x Adecco Group AG ( VTX:ADEN ) may be sending bullish signals at the...Narrative-Update • Jan 06
ADEN: Upcoming CFO Transition And Investor Day Will Support Bullish Outlook
Analysts have raised their price target for Adecco Group slightly to about €39.24 from roughly €39.14, citing updated assumptions around discount rates, revenue growth, profit margins and a higher future P/E multiple. What's in the News Adecco Group plans to hold an Analyst/Investor Day, giving you a chance to hear management discuss the business and medium term priorities directly (Key Developments).Narrative-Update • Dec 14
ADEN: Cautious Outlook Will Pressure Shares Despite Modest Margin Improvement
Analysts have raised their price target on Adecco Group modestly to approximately €19.03 from about €18.56. This reflects slightly improved profit margin expectations and a marginally lower discount rate, partly offset by more tempered revenue growth assumptions.Narrative-Update • Nov 26
ADEN: Improving Temp Volumes And Ratings Upgrades Will Influence Medium-Term Prospects
Adecco Group's analyst price target saw a modest increase from €26.89 to €26.96, as analysts note improving industry volumes and a reassessment of outlook among European staffing firms. Analyst Commentary Recent upgrades in Adecco Group’s analyst coverage reflect a changing sentiment within the staffing sector.Analyseartikel • Nov 15
Investors Can Find Comfort In Adecco Group's (VTX:ADEN) Earnings Quality
The market was pleased with the recent earnings report from Adecco Group AG ( VTX:ADEN ), despite the profit numbers...Analyseartikel • Nov 10
Results: Adecco Group AG Exceeded Expectations And The Consensus Has Updated Its Estimates
Investors in Adecco Group AG ( VTX:ADEN ) had a good week, as its shares rose 7.9% to close at CHF24.20 following the...Narrative-Update • Nov 07
ADEN: Improving Staffing Volumes And Leadership Changes Will Shape Medium-Term Outlook
Adecco Group’s analyst price target has edged slightly higher to CHF 26.89 from CHF 26.74. Analysts cite recent sector upgrades and improving industry trends as key drivers of the revision.Analyseartikel • Oct 28
Adecco Group (VTX:ADEN) Is Reinvesting At Lower Rates Of Return
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Narrative-Update • Oct 03
AI, Flexible Staffing And Upskilling Will Redefine Global Workforce
Adecco Group's analyst price target has increased from €26.24 to €26.74, with analysts citing upgraded industry outlooks and signs of improving market volumes as key drivers for the adjustment. Analyst Commentary Recent analyst coverage of Adecco Group reflects a shift in sentiment, with several firms revising their ratings upward and introducing higher price targets.Narrative-Update • Sep 05
AI, Flexible Staffing And Upskilling Will Redefine Global Workforce
Adecco Group’s lower Future P/E ratio, indicating reduced earnings growth expectations, contrasts with an unchanged discount rate, resulting in the consensus price target staying flat at CHF26.24. What's in the News Adecco Group expects improved profitability in the second half of 2025 compared to the first half, signaling anticipated progress during H2.Analyseartikel • Jul 29
Adecco Group (VTX:ADEN) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Neues Narrative • Mar 02
Salesforce And Microsoft Partnerships Will Boost Operational Efficiency Through AI Solutions
Adecco's strategic partnerships and AI solutions are set to improve operational efficiency, drive revenue growth, and boost net margins.Aufschlüsselung der Einnahmen und Ausgaben
Aufschlüsselung der Einnahmen und Ausgaben
Wie Adecco Group Geld verdient und ausgibt. Basierend auf den neuesten gemeldeten Einnahmen der letzten zwölf Monate.
Gewinn- und Umsatzhistorie
| Datum | Einnahmen | Gewinn | Allgemeine und Verwaltungskosten | F&E-Ausgaben |
|---|---|---|---|---|
| 31 Mar 26 | 23,167 | 304 | 3,713 | 0 |
| 31 Dec 25 | 23,082 | 295 | 3,752 | 0 |
| 30 Sep 25 | 22,997 | 280 | 3,762 | 0 |
| 30 Jun 25 | 22,925 | 290 | 3,733 | 0 |
| 31 Mar 25 | 22,994 | 290 | 3,809 | 0 |
| 31 Dec 24 | 23,138 | 303 | 3,813 | 0 |
| 30 Sep 24 | 23,374 | 298 | 3,783 | 0 |
| 30 Jun 24 | 23,628 | 302 | 3,914 | 0 |
| 31 Mar 24 | 23,782 | 306 | 4,044 | 0 |
| 31 Dec 23 | 23,957 | 325 | 3,990 | 0 |
| 30 Sep 23 | 24,060 | 322 | 4,133 | 0 |
| 30 Jun 23 | 24,146 | 327 | 4,164 | 0 |
| 31 Mar 23 | 24,086 | 342 | 4,281 | 0 |
| 31 Dec 22 | 23,640 | 342 | 4,164 | 0 |
| 30 Sep 22 | 22,923 | 461 | 4,029 | 0 |
| 30 Jun 22 | 22,099 | 486 | 3,788 | 0 |
| 31 Mar 22 | 21,424 | 554 | 3,516 | 0 |
| 31 Dec 21 | 20,949 | 586 | 3,346 | 0 |
| 30 Sep 21 | 20,860 | 551 | 3,136 | 0 |
| 30 Jun 21 | 20,475 | 498 | 3,152 | 0 |
| 31 Mar 21 | 19,393 | 374 | 3,028 | 0 |
| 31 Dec 20 | 19,561 | -98 | 3,217 | 0 |
| 30 Sep 20 | 20,116 | 9 | 3,248 | 0 |
| 30 Jun 20 | 21,179 | 108 | 3,283 | 0 |
| 31 Mar 20 | 22,921 | 246 | 3,433 | 0 |
| 31 Dec 19 | 23,427 | 727 | 3,519 | 0 |
| 30 Sep 19 | 23,593 | 359 | 3,457 | 0 |
| 30 Jun 19 | 23,691 | 450 | 3,411 | 0 |
| 31 Mar 19 | 23,820 | 461 | 3,383 | 0 |
| 31 Dec 18 | 23,867 | 458 | 3,442 | 0 |
| 30 Sep 18 | 23,797 | 867 | 3,320 | 0 |
| 30 Jun 18 | 23,702 | 720 | 3,232 | 0 |
| 31 Mar 18 | 23,622 | 742 | 3,200 | 0 |
| 31 Dec 17 | 23,660 | 788 | 3,193 | 0 |
| 30 Sep 17 | 23,472 | 707 | 3,184 | 0 |
| 30 Jun 17 | 23,382 | 757 | 3,183 | 0 |
| 31 Mar 17 | 23,106 | 755 | 3,167 | 0 |
| 31 Dec 16 | 22,708 | 723 | 3,180 | 0 |
| 30 Sep 16 | 22,511 | 691 | 3,129 | 0 |
| 30 Jun 16 | 22,373 | 5 | 3,097 | 0 |
| 31 Mar 16 | 22,259 | -8 | 3,079 | 0 |
| 31 Dec 15 | 22,010 | 8 | 3,098 | 0 |
| 30 Sep 15 | 21,510 | 9 | 2,959 | 0 |
Qualität der Erträge: ADEN hat hohe Qualitätseinkünfte.
Wachsende Gewinnspanne: ADENDie aktuellen Gewinnspannen (1.3%) sind höher als im letzten Jahr (1.3%).
Analyse von freiem Cashflow und Gewinn
Analyse des Gewinnwachstums in der Vergangenheit
Ergebnisentwicklung: ADENDie Erträge des Unternehmens sind in den letzten 5 Jahren um 14.1% pro Jahr zurückgegangen.
Beschleunigtes Wachstum: ADENDas Gewinnwachstum des Unternehmens im letzten Jahr (4.8%) übertrifft seinen 5-Jahres-Durchschnitt (-14.1% pro Jahr).
Erträge im Vergleich zur Industrie: ADEN Das Gewinnwachstum im vergangenen Jahr (4.8%) übertraf das der Branche Professional Services 3.3% .
Eigenkapitalrendite
Hohe Eigenkapitalrendite: ADENDie Eigenkapitalrendite des Unternehmens (8.6%) wird als niedrig angesehen.
Kapitalrendite
Rendite auf das eingesetzte Kapital
Entdecken Sie starke Unternehmen, die in der Vergangenheit erfolgreich waren
Unternehmensanalyse und Finanzdaten Status
| Daten | Zuletzt aktualisiert (UTC-Zeit) |
|---|---|
| Unternehmensanalyse | 2026/07/27 13:57 |
| Aktienkurs zum Tagesende | 2026/07/27 00:00 |
| Gewinne | 2026/03/31 |
| Jährliche Einnahmen | 2025/12/31 |
Datenquellen
Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.
| Paket | Daten | Zeitrahmen | Beispiel US-Quelle * |
|---|---|---|---|
| Finanzdaten des Unternehmens | 10 Jahre |
| |
| Konsensschätzungen der Analysten | +3 Jahre |
|
|
| Marktpreise | 30 Jahre |
| |
| Eigentümerschaft | 10 Jahre |
| |
| Verwaltung | 10 Jahre |
| |
| Wichtige Entwicklungen | 10 Jahre |
|
* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.
Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.
Analysemodell und Schneeflocke
Details zum Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite; außerdem bieten wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf Youtube an.
Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.
Metriken für Industrie und Sektor
Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.
Analysten-Quellen
Adecco Group AG wird von 33 Analysten beobachtet. 16 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.
| Analyst | Einrichtung |
|---|---|
| Gerhard Schwarz | Baader Helvea Equity Research |
| Paul Daniel Sullivan | Barclays |
| Afonso Osorio | Barclays |