ManpowerGroup (MAN) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
ManpowerGroup Inc provides workforce solutions and services, including recruitment and assessment, upskilling, reskilling, training and development, career management, outsourcing, and workforce co...
ManpowerGroup's revenue increased 0.6% year over year, from $17.85B to $17.96B.
Net income decreased 109.2% over the same period, from $145.1M to $-13.3M.
Over the 9-year period from FY2016 to FY2025, revenue declined by 9% in total.
Total debt increased by 76.0% to $1.68B.
The debt-to-equity ratio stands at 0.81, indicating a moderate leverage profile.
Operating cash flow declined 133.7% to $-104.1M.
ManpowerGroup maintains a negative net profit margin of -0.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $4.53B+0.2% | $22.8M | $782.1M | $70.8M | $83.5M | $8.48B | $1.02B | $2.18B |
| Q4 FY2024 | $4.40B-2.9% | $22.5M | $755.1M | $68.2M | $247.6M | $8.20B | $952.8M | $2.13B |
| Q1 FY2025 | $4.09B-7.0% | $5.6M | $698.3M | $28.2M | $-153.2M | $8.04B | $1.07B | $2.10B |
| Q2 FY2025 | $4.52B+10.5% | $-67.1M | $763.7M | $93.6M | $-189.6M | $8.51B | $1.29B | $1.99B |
| Q3 FY2025 | $4.63B+2.5% | $18.0M | $768.9M | $88.0M | $59.8M | $8.45B | $1.22B | $2.01B |
| Q4 FY2025 | $4.71B+1.7% | $30.2M | $766.7M | $95.6M | $178.9M | $9.16B | $1.68B | $2.06B |
| Q1 FY2026 | $4.51B-4.3% | $2.5M | $723.0M | $28.3M | $-126.3M | $8.39B | $1.54B | $2.07B |
| Q2 FY2026 | $4.86B+7.8% | $53.5M | $780.3M | $112.0M | $-2.7M | $8.37B | $1.42B | $2.11B |
Balance Sheet Summary (Q2 FY2026)
ManpowerGroup (MAN) Financial Statements & Revenue History
ManpowerGroup (MAN) is a US-listed stock operating in the Industrials sector, specifically the Services-Help Supply Services industry trading at $40.67 with a market capitalization of $2. This page provides 42 historical financial statements for ManpowerGroup, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, ManpowerGroup reported revenue of $18.0 billion, representing 0.6% year-over-year growth. The net profit margin of -0.1% indicates the company is currently unprofitable. The debt-to-equity ratio of 0.81 reflects moderate leverage.
MAN Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows ManpowerGroup's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MAN is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MAN's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently ManpowerGroup converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MAN's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MAN Financial Data
Investors use ManpowerGroup's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MAN's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MAN's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MAN's financial health score, earnings, and pre-market pricing.
Financial data is sourced from ManpowerGroup's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MAN trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.