HaysLSE:HAS +1.57%40 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates LSE:HAS with a GF Score™ of 40/100 and a GF Value™ of £0.77 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,007 Business Services companies, Hays ranks worse than 86.1% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Hays's Gross Profit for the
six
months ended in Dec. 2025 was £3,253 Mil. Hays's Revenue for the
six
months ended in Dec. 2025 was £3,253 Mil. Therefore, Hays's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%.
If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.
Warning Sign:
Hays PLC gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The historical rank and industry rank for Hays's Gross Margin % or its related term are showing as below:
LSE:HAS'
s Gross Margin % Range Over the Past 10 Years
Min: 14.72 Med: 17.56 Max: 19.15
Current: 14.72
During the past 13 years, the highestGross Margin % of Hays was 19.15%. The lowest was 14.72%. And the median was 17.56%.
LSE:HAS's Gross Margin % is ranked worse than 86.1% of 1007
companies
in the Business Services industry
Industry Median: 34.46
vs LSE:HAS: 14.72
Hays had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hays was -2.10% per year.
Hays (LSE:HAS) 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
Hays had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.
Hays Gross Margin % Related Terms
Hays Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hays'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.
LSE:HAS vs KFY, RHI, TNET: Gross Margin % Comparison
For the Staffing & Employment Services subindustry, Hays'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.
Hays Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Hays's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hays'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.
Hays (LSE:HAS) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hays and its competitors. Over the past decade, Hays' Gross Margin % has ranged from 14.72 to 19.15. According to the industry distribution chart, Hays ranks #867 out of 1007 companies in the Business Services industry, placing it in the top 86.1%.
Is Hays' Gross Margin % too high?
Hays' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 14.72 to a high of 19.15. Based on the distribution chart, Hays ranks #867 out of 1007 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Hays has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hays' Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Hays ranks #867 out of 1007 companies for Gross Margin %. This places Hays in the lower half of its industry. The industry median Gross Margin % is 34.46. Historically, Hays' own Gross Margin % has ranged from 14.72 to 19.15 over the past decade. 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. 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 Hays 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. Hays's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hays stock overvalued right now?
Based on GuruFocus' analysis, Hays (LSE:HAS) is currently considered Possible Value Trap. The stock's GF Value™ is £0.77, compared to a current price of £0.34 — trading 56.4% below its estimated fair value. The current Gross Margin % is 0.00%. Hays' overall GF Score™ is 40/100 with 9 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 Hays (LSE:HAS), the current Gross Margin % is 0.00% as of Dec. 2025. 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 Hays (LSE:HAS) Overvalued in 2026?
Based on GuruFocus' analysis, Hays stock appears to be undervalued.
The current stock price of £0.34 is trading 56.4% below its estimated GF Value™ of £0.77.
GuruFocus considers Hays to be Possible Value Trap.
Key valuation signals for LSE:HAS:
Gross Margin %: 0.00%
GF Value™: £0.77 vs. price of £0.34 (56.4% below fair value)
No single metric tells the full story. See the LSE:HAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hays PLC is a recruitment company, providing staffing solutions across various sectors, including information technology, construction, finance, education, and healthcare. The company generates revenue prominently through fees for placing candidates in permanent, temporary, and contract roles. It also offers workforce solutions such as recruitment process outsourcing, managed service programs, and advisory services. Hays operates its business in four regions: Germany, the United Kingdom & Ireland, Australia & New Zealand, and the Rest of the World. Its business model focuses on matching skilled professionals with employer needs through a network of recruitment consultants and digital platforms, without owning physical labor assets.
40GF Score
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