ManpowerGroup
MAN
52.87
+1.00
+1.93%
ManpowerGroup
US · MAN
#2624 by market cap
Listed 1970
52.87
+1.00
+1.93%
Live - 5344 symbols - heartbeat 73s ago
· 2026-10-08 04:03
Pre-market
52.38
-0.93%
After-hours
52.87
0.00%
- Market cap
- 2.46B
- P/E (TTM)i
- 23.82
- P/Bi
- 1.17
- EPSi
- -0.29
- Div yieldi
- 2.72%
- 52W posi
- 72%
Reader sentiment
Are you bullish or bearish on MAN?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.90, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +0.58% YoY
Margins
- Gross margin
- 16.69%
- Operating margin
- 1.33%
- Net margin
- -0.07%
Key ratios & quality
- Enterprise valuei
- 3.37B
- Altman Z-Scorei
- 2.90
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.99B | 20.86B | 18.00B | 20.72B | 19.83B | 18.91B | 17.85B | 17.96B |
| Gross profit | 3.58B | 3.38B | 2.82B | 3.41B | 3.57B | 3.36B | 3.09B | 3.00B |
| Selling & admin expenses | 2.78B | 2.67B | 2.57B | 2.82B | 2.94B | 3.05B | 2.78B | 2.76B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 796.70M | 708.90M | 254.40M | 585.40M | 631.70M | 310.90M | 306.00M | 238.80M |
| Pretax profit | 754.70M | 685.50M | 147.70M | 568.10M | 557.10M | 205.90M | 256.80M | 93.40M |
| Tax | 198.00M | 219.80M | 123.90M | 185.70M | 183.30M | 117.10M | 111.70M | 106.70M |
| Net profit | 556.70M | 465.70M | 23.80M | 382.40M | 373.80M | 88.80M | 145.10M | -13.30M |
| Basic EPS | 9 | 8 | 0 | 7 | 7 | 2 | 3 | 0 |
| Diluted EPS | 8.56 | 7.72 | 0.41 | 6.91 | 7.08 | 1.76 | 3.01 | -0.29 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 4.09B | 4.52B | 4.63B | 4.71B | 4.51B | 4.86B |
| Gross profit | 698.30M | 763.70M | 768.90M | 766.70M | 723.00M | 780.30M |
| Selling & admin expenses | 670.10M | 700.30M | 702.30M | 686.10M | 694.70M | 668.30M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 28.20M | 63.40M | 66.60M | 80.60M | 28.30M | 112.00M |
| Pretax profit | 16.70M | -41.80M | 52.90M | 65.60M | 15.40M | 92.40M |
| Tax | 11.10M | 25.30M | 34.90M | 35.40M | 12.90M | 38.90M |
| Net profit | 5.60M | -67.10M | 18.00M | 30.20M | 2.50M | 53.50M |
| Basic EPS | 0 | -1 | 0 | 1 | 0 | 1 |
| Diluted EPS | 0.12 | -1.44 | 0.38 | 0.64 | 0.05 | 1.13 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 6.00B | 6.48B | 6.67B | 6.42B | 5.93B | 5.57B | 4.97B | 5.79B |
| Cash & ST investments | 591.90M | 1.03B | 1.57B | 847.80M | 639.00M | 581.30M | 509.40M | 871.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 8.52B | 9.22B | 9.33B | 9.83B | 9.13B | 8.83B | 8.20B | 9.16B |
| Total current liabilities | 4.18B | 4.44B | 4.68B | 5.78B | 4.91B | 4.80B | 4.44B | 5.23B |
| Short-term debt | 50.10M | 61.00M | 20.40M | 552.60M | 26.60M | 12.10M | 122.00M | 732.40M |
| Long-term debt | 1.03B | 1.01B | 1.10B | 565.70M | 959.90M | 990.50M | 929.40M | 1.05B |
| Total liabilities | 5,821,300,000.00 | 6,462,300,000.00 | 6,874,600,000.00 | 7,297,200,000.00 | 6,672,300,000.00 | 6,596,100,000.00 | 6,074,100,000.00 | 7,099,800,000.00 |
| Total equity | 2.70B | 2.76B | 2.45B | 2.53B | 2.46B | 2.23B | 2.13B | 2.06B |
| Retained earnings | 3.16B | 3.49B | 3.39B | 3.63B | 3.87B | 3.81B | 3.81B | 3.73B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 4.75B | 5.14B | 5.10B | 5.79B | 5.06B | 5.13B |
| Cash & ST investments | 395.00M | 289.80M | 274.60M | 871.00M | 224.90M | 180.60M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 8.04B | 8.51B | 8.45B | 9.16B | 8.39B | 8.37B |
| Total current liabilities | 4.24B | 5.27B | 5.12B | 5.23B | 4.50B | 4.92B |
| Short-term debt | 203.10M | 924.10M | 854.70M | 732.40M | 217.00M | 578.40M |
| Long-term debt | 971.40M | 470.30M | 468.30M | 1.05B | 1.03B | 567.30M |
| Total liabilities | 5,932,300,000.00 | 6,510,100,000.00 | 6,435,500,000.00 | 7,099,800,000.00 | 6,325,800,000.00 | 6,268,500,000.00 |
| Total equity | 2.10B | 2.00B | 2.01B | 2.06B | 2.07B | 2.11B |
| Retained earnings | 3.82B | 3.72B | 3.74B | 3.73B | 3.73B | 3.75B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 483.10M | 814.40M | 936.40M | 644.80M | 423.30M | 348.20M | 309.20M | -104.10M |
| Depreciation & amortization | 85.80M | 77.20M | 76.30M | 73.40M | 84.60M | 88.60M | 86.60M | 86.00M |
| Free cash flow | 418.40M | 761.50M | 885.70M | 580.60M | 347.70M | 270.00M | 258.10M | -161.40M |
| Dividends paid | -127.30M | -129.30M | -129.10M | -136.60M | -139.90M | -144.30M | -145.80M | -66.70M |
| Stock buybacks / issuance | -500.70M | -203.00M | -264.70M | -210.00M | -270.00M | -179.80M | -140.00M | -38.20M |
| Ending cash balance | 591.90M | 1.03B | 1.57B | 847.80M | 639.00M | 581.30M | 509.40M | 871.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -153.20M | -189.60M | 59.80M | 178.90M | -126.30M | -2.70M |
| Depreciation & amortization | 21.20M | 22.20M | 22.10M | 20.50M | 20.20M | 21.50M |
| Free cash flow | -166.90M | -207.20M | 44.70M | 168.00M | -135.30M | -8.50M |
| Dividends paid | -- | -- | 0 | -33.40M | -- | -- |
| Stock buybacks / issuance | -25.00M | -13.20M | 0 | 0 | -300.00K | 0 |
| Ending cash balance | 395.00M | 289.80M | 274.60M | 871.00M | 224.90M | 180.60M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 20.62 | 17.35 | 0.92 | 15.41 | 15.05 | 3.80 | 6.67 | -0.64 |
| ROA %i | 6.40 | 5.25 | 0.26 | 3.99 | 3.94 | 0.99 | 1.70 | -0.15 |
| ROIC %i | 15.82 | 12.52 | 1.14 | 10.29 | 10.33 | 3.44 | 5.50 | 1.07 |
| 5-year avg ROE %i | 17.86 | 18.41 | 15.58 | 15.11 | 13.87 | 10.51 | 8.37 | 8.06 |
| EBIT margin %i | 3.65 | 3.50 | 1.06 | 2.93 | 3.05 | 1.51 | 1.94 | 1.05 |
| FCF / sales %i | 1.90 | 3.65 | 4.92 | 2.80 | 1.75 | 1.43 | 1.45 | -- |
| Current ratioi | 1.44 | 1.46 | 1.42 | 1.11 | 1.21 | 1.16 | 1.12 | 1.11 |
| Quick ratioi | 1.41 | 1.42 | 1.38 | 1.09 | 1.18 | 1.13 | 1.08 | 1.08 |
| Debt / assetsi | 12.62 | 15.29 | 15.32 | 14.18 | 13.72 | 15.01 | 16.22 | 22.80 |
| LT debt / equityi | 39.06 | 49.18 | 57.71 | 33.37 | 50.12 | 59.09 | 56.86 | 65.86 |
| Interest coveragei | 17.06 | 16.44 | 4.41 | 15.64 | 12.88 | 3.58 | 3.85 | 1.98 |
| Revenue CAGR (3Y) %i | 4.39 | 2.01 | -5.06 | -1.96 | -1.68 | 1.66 | -4.85 | -3.25 |
| Net income CAGR (3Y) %i | 9.92 | 1.63 | -64.79 | -11.77 | -7.07 | 55.10 | -27.60 | -- |
| FCF CAGR (3Y) %i | -3.05 | 11.93 | 36.77 | 11.54 | -23.00 | -32.70 | -23.68 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.19 | -0.78 | -1.00 | -0.64 | -0.79 | 5.08 |
| ROA %i | 1.34 | -0.19 | -0.25 | -0.15 | -0.20 | 1.23 |
| ROIC %i | 4.49 | 0.96 | 0.84 | 1.07 | 0.74 | 4.08 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 1.76 | 1.01 | 0.97 | 1.05 | 1.04 | 1.72 |
| FCF / sales %i | -- | -- | -- | -- | -- | 0.37 |
| Current ratioi | 1.12 | 0.98 | 1.00 | 1.11 | 1.12 | 1.04 |
| Quick ratioi | 1.08 | 0.94 | 0.96 | 1.08 | 1.08 | 1.00 |
| Debt / assetsi | 18.28 | 20.25 | 19.38 | 22.80 | 18.34 | 16.96 |
| LT debt / equityi | 60.22 | 40.04 | 38.91 | 65.86 | 64.01 | 39.96 |
| Interest coveragei | 3.35 | 1.85 | 1.79 | 1.98 | 1.93 | 3.35 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Staffing and Interim is the largest reported line at 88.78% of revenue, across 5 reported segments.
- The next-largest line, Outcome-Based Solutions and Consulting, is a distant second at 6.30% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Staffing and Interim88.78%
Outcome-Based Solutions and Consulting6.30%
Other2.54%
Permanent Recruitment2.48%
Quote time 2026-10-08 04:03:22 · For reference only, not investment advice and not tailored to your situation.