Adecco Group AGAHEXF 65 Gross Margin % is 18.79% as of Mar. 2026, which is 3% below its 10-year median of 19.30. GuruFocus rates AHEXF with a GF Score™ of 65/100 and a GF Value™ of $32.70 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Adecco Group AG ranks worse than 78.85% on this metric.
The historical rank and industry rank for Adecco Group AG's Gross Margin % or its related term are showing as below:
AHEXF'
s Gross Margin % Range Over the Past 10 Years
Min: 18.37 Med: 19.3 Max: 21.04
Current: 19
During the past 13 years, the highestGross Margin % of Adecco Group AG was 21.04%. The lowest was 18.37%. And the median was 19.30%.
AHEXF's Gross Margin % is ranked worse than 78.85% of 1007
companies
in the Business Services industry
Industry Median: 34.46
vs AHEXF: 19.00
Adecco Group AG had a gross margin of 18.79% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Adecco Group AG was -0.70% per year.
Adecco Group AG (OTCPK:AHEXF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Adecco Group AG had a gross margin of 18.79% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Adecco Group AG Gross Margin % Related Terms
Adecco Group AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Adecco Group AG's Gross Margin % 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.
AHEXF vs KFY, RHI, TNET: Gross Margin % Comparison
For the Staffing & Employment Services subindustry, Adecco Group AG's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Adecco Group AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Adecco Group AG's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Adecco Group AG (AHEXF) has a Gross Margin % of 18.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Adecco Group AG and its competitors. This is near median its historical median of 19.30. Over the past decade, Adecco Group AG's Gross Margin % has ranged from 18.37 to 21.04. According to the industry distribution chart, Adecco Group AG ranks #794 out of 1007 companies in the Business Services industry, placing it in the top 78.8%.
Is Adecco Group AG's Gross Margin % too high?
Adecco Group AG's current Gross Margin % of 18.79% is near median its 10-year median of 19.30. Over the past 10 years, this metric has ranged from a low of 18.37 to a high of 21.04. The Business Services industry median Gross Margin % is 34.46. Adecco Group AG's value of 18.79% is 45.5% below this industry median. Based on the distribution chart, Adecco Group AG ranks #794 out of 1007 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Adecco Group AG has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Adecco Group AG ranks #794 out of 1007 companies for Gross Margin %. This places Adecco Group AG in the lower half of its industry. The industry median Gross Margin % is 34.46. Adecco Group AG's value of 18.79% is 45.5% below this benchmark. Historically, Adecco Group AG's own Gross Margin % has ranged from 18.37 to 21.04 over the past decade. While the company's 10-year median is 19.30 vs. the industry median of 34.46, Adecco Group AG has consistently been below 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 Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adecco Group AG's current Gross Margin % of 18.79% is 45.5% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Adecco Group AG and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adecco Group AG's current Gross Margin % is 18.79%, which is near median its own 10-year median of 19.30. 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 (AHEXF) is currently considered Significantly Undervalued. The stock's GF Value™ is $32.70, compared to a current price of $21.71 — trading 33.6% below its estimated fair value. The current Gross Margin % is 18.79%, which is near median its 10-year median of 19.30 and 45.5% below the Business Services industry median of 34.46. Adecco Group AG's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Adecco Group AG (AHEXF), the current Gross Margin % is 18.79% 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 (AHEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued.
The current stock price of $21.71 is trading 33.6% below its estimated GF Value™ of $32.70.
GuruFocus considers Adecco Group AG to be Significantly Undervalued.
Key valuation signals for AHEXF:
Gross Margin %: 18.79% (near median its 10-year median of 19.30)
GF Value™: $32.70 vs. price of $21.71 (33.6% below fair value)
Industry Position: 45.5% below the Business Services median (#794 of 1007)
No single metric tells the full story. See the AHEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
Get the complete analysis for AHEXF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AHEXF has been successfully added to your 
