Adecco Group AG (XSWX:ADEN) Debt-to-EBITDA : 4.63 (As of Mar. 2026) — 17% Above Median

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XSWX:ADEN Adecco Group AG XSWX:ADEN
56 GF Score
Price CHF17.77
GF Value CHF25.89
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Adecco Group AG Debt-to-EBITDA?

Adecco Group AG XSWX:ADEN -0.11% 56 Debt-to-EBITDA is 4.63 as of Mar. 2026, which is 17% above its 10-year median of 3.97. GuruFocus rates XSWX:ADEN with a GF Score™ of 56/100 and a GF Value™ of CHF25.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 838 Business Services companies, Adecco Group AG ranks worse than 80.91% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Adecco Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF426 Mil. Adecco Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF2,607 Mil. Adecco Group AG's annualized EBITDA for the quarter that ended in Mar. 2026 was CHF655 Mil. Adecco Group AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.63.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Adecco Group AG's Debt-to-EBITDA or its related term are showing as below:

XSWX:ADEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.66   Med: 3.97   Max: 7.46
Current: 4.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Adecco Group AG was 7.46. The lowest was 1.66. And the median was 3.97.

XSWX:ADEN's Debt-to-EBITDA is ranked worse than
80.91% of 838 companies
in the Business Services industry
Industry Median: 1.61 vs XSWX:ADEN: 4.42

Adecco Group AG  (XSWX:ADEN) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Adecco Group AG Debt-to-EBITDA Related Terms


Adecco Group AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Adecco Group AG's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adecco Group AG Debt-to-EBITDA Chart

Adecco Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 4.81 4.37 4.58 4.44

Adecco Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.63 5.85 4.29 4.05 4.63

XSWX:ADEN vs KFY, RHI, TNET: Debt-to-EBITDA Comparison

For the Staffing & Employment Services subindustry, Adecco Group AG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adecco Group AG Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Adecco Group AG's Debt-to-EBITDA falls into.


XSWX:ADEN
56GF Score
Adecco Group AG XSWX:ADEN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adecco Group AG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Adecco Group AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(285.54 + 2679.973) / 668.127
=4.44

Adecco Group AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(425.961 + 2606.737) / 655.324
=4.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.63 mean?
Adecco Group AG (XSWX:ADEN) has a Debt-to-EBITDA of 4.63 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Adecco Group AG. This is 17% above median its historical median of 3.97. Over the past decade, Adecco Group AG's Debt-to-EBITDA has ranged from 1.66 to 7.46. According to the industry distribution chart, Adecco Group AG ranks #678 out of 838 companies in the Business Services industry, placing it in the top 80.9%.
Is Adecco Group AG's Debt-to-EBITDA too high?
Adecco Group AG's current Debt-to-EBITDA of 4.63 is 17% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 7.46. The Business Services industry median Debt-to-EBITDA is 1.61. Adecco Group AG's value of 4.63 is 187.6% above this industry median. Based on the distribution chart, Adecco Group AG ranks #678 out of 838 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Adecco Group AG has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Debt-to-EBITDA compare to KFY and RHI?
According to the Business Services industry distribution chart, Adecco Group AG ranks #678 out of 838 companies for Debt-to-EBITDA. This places Adecco Group AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.61. Adecco Group AG's value of 4.63 is 187.6% above this benchmark. Historically, Adecco Group AG's own Debt-to-EBITDA has ranged from 1.66 to 7.46 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 1.61, Adecco Group AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.61, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adecco Group AG's current Debt-to-EBITDA of 4.63 is 187.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Adecco Group AG. For the Business Services industry, the median Debt-to-EBITDA is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adecco Group AG's current Debt-to-EBITDA is 4.63, which is 17% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (XSWX:ADEN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF25.89, compared to a current price of CHF17.77 — trading 31.4% below its estimated fair value. The current Debt-to-EBITDA is 4.63, which is 17% above median its 10-year median of 3.97 and 187.6% above the Business Services industry median of 1.61. Adecco Group AG's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Adecco Group AG (XSWX:ADEN), the current Debt-to-EBITDA is 4.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adecco Group AG (XSWX:ADEN) Overvalued in 2026?

Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued. The current stock price of CHF17.77 is trading 31.4% below its estimated GF Value™ of CHF25.89. GuruFocus considers Adecco Group AG to be Significantly Undervalued.

Key valuation signals for XSWX:ADEN:

  • Debt-to-EBITDA: 4.63 (17% above median its 10-year median of 3.97)
  • GF Value™: CHF25.89 vs. price of CHF17.77 (31.4% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 187.6% above the Business Services median (#678 of 838)

No single metric tells the full story. See the XSWX:ADEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adecco Group AG Business Description

Address Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
56GF Score

Get the complete analysis for XSWX:ADEN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF17.77
Price
CHF25.89
GF Value