Adecco Group AG
SIX:ADEN
Income Statement
Earnings Waterfall
Adecco Group AG
Revenue
|
23.1B
EUR
|
Cost of Revenue
|
-18.6B
EUR
|
Gross Profit
|
4.5B
EUR
|
Operating Expenses
|
-3.9B
EUR
|
Operating Income
|
583m
EUR
|
Other Expenses
|
-280m
EUR
|
Net Income
|
303m
EUR
|
Income Statement
Adecco Group AG
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
20 000
N/A
|
20 427
+2%
|
21 022
+3%
|
21 510
+2%
|
22 010
+2%
|
22 259
+1%
|
22 373
+1%
|
22 511
+1%
|
22 708
+1%
|
23 106
+2%
|
23 382
+1%
|
23 472
+0%
|
23 660
+1%
|
23 622
0%
|
23 702
+0%
|
23 797
+0%
|
23 867
+0%
|
23 820
0%
|
23 691
-1%
|
23 593
0%
|
23 427
-1%
|
22 921
-2%
|
21 179
-8%
|
20 116
-5%
|
19 561
-3%
|
19 393
-1%
|
20 475
+6%
|
20 860
+2%
|
20 949
+0%
|
21 424
+2%
|
22 099
+3%
|
22 923
+4%
|
23 640
+3%
|
24 086
+2%
|
24 146
+0%
|
24 060
0%
|
23 957
0%
|
23 782
-1%
|
23 628
-1%
|
23 374
-1%
|
23 138
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(16 297)
|
(16 620)
|
(17 079)
|
(17 446)
|
(17 831)
|
(18 041)
|
(18 125)
|
(18 250)
|
(18 432)
|
(18 763)
|
(19 019)
|
(19 106)
|
(19 314)
|
(19 321)
|
(19 385)
|
(19 447)
|
(19 434)
|
(19 340)
|
(19 190)
|
(19 070)
|
(18 923)
|
(18 503)
|
(17 103)
|
(16 237)
|
(15 772)
|
(15 600)
|
(16 411)
|
(16 659)
|
(16 668)
|
(16 990)
|
(17 468)
|
(18 111)
|
(18 666)
|
(19 009)
|
(19 083)
|
(19 022)
|
(18 988)
|
(18 937)
|
(18 891)
|
(18 774)
|
(18 642)
|
|
Gross Profit |
3 703
N/A
|
3 807
+3%
|
3 943
+4%
|
4 064
+3%
|
4 179
+3%
|
4 218
+1%
|
4 248
+1%
|
4 261
+0%
|
4 276
+0%
|
4 343
+2%
|
4 363
+0%
|
4 366
+0%
|
4 346
0%
|
4 301
-1%
|
4 317
+0%
|
4 350
+1%
|
4 433
+2%
|
4 480
+1%
|
4 501
+0%
|
4 523
+0%
|
4 504
0%
|
4 418
-2%
|
4 076
-8%
|
3 879
-5%
|
3 789
-2%
|
3 793
+0%
|
4 064
+7%
|
4 201
+3%
|
4 281
+2%
|
4 434
+4%
|
4 631
+4%
|
4 812
+4%
|
4 974
+3%
|
5 077
+2%
|
5 063
0%
|
5 038
0%
|
4 969
-1%
|
4 845
-2%
|
4 737
-2%
|
4 600
-3%
|
4 496
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 775)
|
(2 827)
|
(2 926)
|
(3 000)
|
(3 073)
|
(3 121)
|
(3 132)
|
(3 152)
|
(3 178)
|
(3 200)
|
(3 213)
|
(3 214)
|
(3 218)
|
(3 233)
|
(3 271)
|
(3 333)
|
(3 405)
|
(3 444)
|
(3 468)
|
(3 500)
|
(3 499)
|
(3 501)
|
(3 367)
|
(3 247)
|
(3 181)
|
(3 130)
|
(3 235)
|
(3 337)
|
(3 419)
|
(3 592)
|
(3 850)
|
(4 083)
|
(4 300)
|
(4 355)
|
(4 344)
|
(4 292)
|
(4 228)
|
(4 114)
|
(4 015)
|
(3 926)
|
(3 913)
|
|
Selling, General & Administrative |
(2 738)
|
(2 791)
|
(2 889)
|
(2 961)
|
(3 032)
|
(3 079)
|
(3 091)
|
(3 113)
|
(3 144)
|
(3 168)
|
(3 182)
|
(3 184)
|
(3 186)
|
(3 199)
|
(3 234)
|
(3 288)
|
(3 353)
|
(3 387)
|
(3 409)
|
(3 443)
|
(3 438)
|
(3 433)
|
(3 291)
|
(3 166)
|
(3 100)
|
(3 051)
|
(3 160)
|
(3 267)
|
(3 349)
|
(3 521)
|
(3 756)
|
(3 975)
|
(4 170)
|
(4 217)
|
(4 218)
|
(4 170)
|
(4 126)
|
(4 018)
|
(3 926)
|
(3 840)
|
(3 832)
|
|
Depreciation & Amortization |
(37)
|
(36)
|
(37)
|
(39)
|
(41)
|
(42)
|
(41)
|
(39)
|
(34)
|
(32)
|
(31)
|
(30)
|
(32)
|
(34)
|
(37)
|
(45)
|
(52)
|
(57)
|
(59)
|
(57)
|
(64)
|
(71)
|
(79)
|
(84)
|
(81)
|
(79)
|
(75)
|
(70)
|
(70)
|
(71)
|
(94)
|
(108)
|
(130)
|
(138)
|
(126)
|
(122)
|
(102)
|
(96)
|
(89)
|
(86)
|
(81)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
928
N/A
|
980
+6%
|
1 017
+4%
|
1 064
+5%
|
1 106
+4%
|
1 097
-1%
|
1 116
+2%
|
1 109
-1%
|
1 098
-1%
|
1 143
+4%
|
1 150
+1%
|
1 152
+0%
|
1 128
-2%
|
1 068
-5%
|
1 046
-2%
|
1 017
-3%
|
1 028
+1%
|
1 036
+1%
|
1 033
0%
|
1 023
-1%
|
1 005
-2%
|
917
-9%
|
709
-23%
|
632
-11%
|
608
-4%
|
663
+9%
|
829
+25%
|
864
+4%
|
862
0%
|
842
-2%
|
781
-7%
|
729
-7%
|
674
-8%
|
722
+7%
|
719
0%
|
746
+4%
|
741
-1%
|
731
-1%
|
722
-1%
|
674
-7%
|
583
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(69)
|
(63)
|
(63)
|
(64)
|
(49)
|
(68)
|
(64)
|
(62)
|
(36)
|
(57)
|
(54)
|
(52)
|
(41)
|
(51)
|
(47)
|
(45)
|
(28)
|
(34)
|
(35)
|
(33)
|
(16)
|
(26)
|
(18)
|
(14)
|
(13)
|
(10)
|
(9)
|
(10)
|
(12)
|
(17)
|
(14)
|
(14)
|
(17)
|
(18)
|
(35)
|
(43)
|
(57)
|
(83)
|
(75)
|
(74)
|
(37)
|
|
Non-Reccuring Items |
(37)
|
(32)
|
(37)
|
(775)
|
(806)
|
(806)
|
(799)
|
(82)
|
(36)
|
(37)
|
(37)
|
(140)
|
(148)
|
(154)
|
(163)
|
(36)
|
(363)
|
(349)
|
(367)
|
(381)
|
(101)
|
(476)
|
(472)
|
(545)
|
(510)
|
(135)
|
(119)
|
(70)
|
(105)
|
(116)
|
(148)
|
(131)
|
(156)
|
(216)
|
(214)
|
(217)
|
(133)
|
(133)
|
(139)
|
(116)
|
(76)
|
|
Total Other Income |
5
|
5
|
10
|
15
|
(5)
|
12
|
8
|
(21)
|
9
|
32
|
29
|
54
|
0
|
12
|
4
|
91
|
90
|
86
|
89
|
5
|
188
|
208
|
206
|
201
|
(17)
|
(19)
|
(16)
|
(16)
|
8
|
(4)
|
(16)
|
(25)
|
(50)
|
(39)
|
(34)
|
(33)
|
(44)
|
(28)
|
(23)
|
(24)
|
(27)
|
|
Pre-Tax Income |
827
N/A
|
890
+8%
|
927
+4%
|
240
-74%
|
246
+3%
|
235
-4%
|
261
+11%
|
944
+262%
|
1 035
+10%
|
1 081
+4%
|
1 088
+1%
|
1 014
-7%
|
939
-7%
|
875
-7%
|
840
-4%
|
1 027
+22%
|
727
-29%
|
739
+2%
|
720
-3%
|
614
-15%
|
1 076
+75%
|
623
-42%
|
425
-32%
|
274
-36%
|
68
-75%
|
499
+634%
|
685
+37%
|
768
+12%
|
753
-2%
|
705
-6%
|
603
-14%
|
559
-7%
|
451
-19%
|
449
0%
|
436
-3%
|
453
+4%
|
507
+12%
|
487
-4%
|
485
0%
|
460
-5%
|
443
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(187)
|
(200)
|
(204)
|
(229)
|
(236)
|
(241)
|
(255)
|
(251)
|
(310)
|
(324)
|
(329)
|
(305)
|
(165)
|
(147)
|
(134)
|
(175)
|
(267)
|
(277)
|
(269)
|
(253)
|
(348)
|
(376)
|
(315)
|
(264)
|
(165)
|
(124)
|
(186)
|
(215)
|
(165)
|
(147)
|
(115)
|
(95)
|
(106)
|
(106)
|
(106)
|
(129)
|
(180)
|
(179)
|
(182)
|
(162)
|
(140)
|
|
Income from Continuing Operations |
640
|
690
|
723
|
11
|
10
|
(6)
|
6
|
693
|
725
|
757
|
759
|
709
|
774
|
728
|
706
|
852
|
460
|
462
|
451
|
361
|
728
|
247
|
110
|
10
|
(97)
|
375
|
499
|
553
|
588
|
558
|
488
|
464
|
345
|
343
|
330
|
324
|
327
|
308
|
303
|
298
|
303
|
|
Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
0
|
(1)
|
(1)
|
0
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
|
Net Income (Common) |
638
N/A
|
688
+8%
|
720
+5%
|
9
-99%
|
8
-11%
|
(8)
N/A
|
5
N/A
|
691
+13 720%
|
723
+5%
|
755
+4%
|
757
+0%
|
707
-7%
|
788
+11%
|
742
-6%
|
720
-3%
|
867
+20%
|
458
-47%
|
461
+1%
|
450
-2%
|
359
-20%
|
727
+103%
|
246
-66%
|
108
-56%
|
9
-92%
|
(98)
N/A
|
374
N/A
|
498
+33%
|
551
+11%
|
586
+6%
|
554
-5%
|
486
-12%
|
461
-5%
|
342
-26%
|
342
N/A
|
327
-4%
|
322
-2%
|
325
+1%
|
306
-6%
|
302
-1%
|
298
-1%
|
303
+2%
|
|
EPS (Diluted) |
3.66
N/A
|
3.96
+8%
|
4.14
+5%
|
0.05
-99%
|
0.05
N/A
|
-0.03
N/A
|
0.02
N/A
|
4.04
+20 100%
|
4.24
+5%
|
4.42
+4%
|
4.44
+0%
|
4.19
-6%
|
4.65
+11%
|
4.46
-4%
|
4.33
-3%
|
5.22
+21%
|
2.76
-47%
|
2.83
+3%
|
2.77
-2%
|
2.22
-20%
|
4.47
+101%
|
1.5
-66%
|
0.65
-57%
|
0.05
-92%
|
-0.61
N/A
|
2.32
N/A
|
3.08
+33%
|
3.41
+11%
|
3.6
+6%
|
3.32
-8%
|
2.9
-13%
|
2.77
-4%
|
2.05
-26%
|
2.04
0%
|
1.95
-4%
|
1.92
-2%
|
1.93
+1%
|
1.82
-6%
|
1.79
-2%
|
1.77
-1%
|
1.8
+2%
|