Adecco Group AG (XSWX:ADEN) Tax Rate %: 38.94% (As of Mar. 2026)

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XSWX:ADEN Adecco Group AG XSWX:ADEN
54 GF Score
Price CHF18.40
GF Value CHF25.92
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Adecco Group AG Tax Rate %?

Adecco Group AG XSWX:ADEN +5.93% 54 Tax Rate % is 38.94% as of Mar. 2026. GuruFocus rates XSWX:ADEN with a GF Score™ of 54/100 and a GF Value™ of CHF25.92 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Adecco Group AG's Tax Expense for the three months ended in Mar. 2026 was CHF40 Mil. Adecco Group AG's Pre-Tax Income for the three months ended in Mar. 2026 was CHF103 Mil. Therefore, Adecco Group AG's Tax Rate % for the quarter that ended in Mar. 2026 was 38.94%.

Adecco Group AG Tax Rate % Related Terms

Adecco Group AG Tax Rate % Historical Data

* Premium members only.

The historical data trend for Adecco Group AG's Tax Rate % 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 Tax Rate % Chart

Adecco Group AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.91 23.50 35.50 31.60 32.26

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
Tax Rate % 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 30.23 35.23 33.58 30.16 38.94
XSWX:ADEN
54GF Score
Adecco Group AG XSWX:ADEN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adecco Group AG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Adecco Group AG's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=130.639/404.982
=32.26 %

Adecco Group AG's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=40.048/102.85
=38.94 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 38.94% mean?
Adecco Group AG (XSWX:ADEN) has a Tax Rate % of 38.94% as of Mar. 2026.
Is Adecco Group AG's Tax Rate % too high?
Adecco Group AG's current Tax Rate % is 38.94%. Overall, Adecco Group AG has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Tax Rate % compare to KFY and RHI?
Adecco Group AG's Tax Rate % of 38.94% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Business Services company?
A good Tax Rate % depends on the Business Services industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Adecco Group AG's current Tax Rate % is 38.94%. 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 Modestly Undervalued. The stock's GF Value™ is CHF25.92, compared to a current price of CHF18.40 — trading 29% below its estimated fair value. The current Tax Rate % is 38.94%. Adecco Group AG's overall GF Score™ is 54/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Adecco Group AG (XSWX:ADEN), the current Tax Rate % is 38.94% 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 CHF18.40 is trading 29% below its estimated GF Value™ of CHF25.92. GuruFocus considers Adecco Group AG to be Modestly Undervalued.

Key valuation signals for XSWX:ADEN:

  • Tax Rate %: 38.94%
  • GF Value™: CHF25.92 vs. price of CHF18.40 (29% below fair value)
  • GF Score™: 54/100 with 3 warning signs

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.
54GF Score

Get the complete analysis for XSWX:ADEN

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF18.40
Price
CHF25.92
GF Value