ManpowerGroup Inc. (MAN) Financial Statements
Industry: Help Supply Services (Services)
In fiscal 2025, ManpowerGroup reported revenue of $17.96B, up 0.6% from $17.85B the year before. Net income was -$13.3M (a -0.1% net margin), or -$0.29 per diluted share. Gross margin was 16.7% and operating margin was 0.8%. Operating activities generated -$104.1M of cash, leaving -$161.4M of free cash flow. At fiscal year end, ManpowerGroup held $9.16B in total assets against $7.10B in total liabilities, including $871.0M of cash and equivalents.
Open the full interactive ManpowerGroup financials → Quarterly statements, key ratios, valuation history and price charts.
ManpowerGroup Key Stats
| Share Price | $51.64 |
|---|---|
| Market Cap | $2.45B |
| Dividend Yield | 2.72% |
| Revenue YoY Growth | +0.6% |
| 52-Week Range | $25.16 – $62.95 |
| Shares Outstanding | 46.9 million (basic, 2026 Q2) |
ManpowerGroup Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $18.00B | $20.72B | $19.83B | $18.91B | $17.85B | $17.96B |
| Cost of Goods Sold | $15.18B | $17.32B | $16.26B | $15.56B | $14.77B | $14.96B |
| Gross Profit | $2.82B | $3.41B | $3.57B | $3.36B | $3.09B | $3.00B |
| Operating Income | $187.6M | $585.4M | $581.7M | $255.8M | $306.0M | $150.1M |
| Pre-Tax Income | $147.7M | $568.1M | $557.1M | $205.9M | $256.8M | $93.4M |
| Income Tax | $123.9M | $185.7M | $183.3M | $117.1M | $111.7M | $106.7M |
| Net Income | $23.8M | $382.4M | $373.8M | $88.8M | $145.1M | -$13.3M |
| Diluted EPS | $0.41 | $6.91 | $7.08 | $1.76 | $3.01 | -$0.29 |
ManpowerGroup Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.63B | $4.71B | $4.51B | $4.86B |
| Net Income | $18.0M | $30.2M | $2.5M | $53.5M |
| Diluted EPS | $0.38 | $0.65 | $0.05 | $1.13 |
ManpowerGroup Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.57B | $847.8M | $639.0M | $581.3M | $509.4M | $871.0M |
| Current Assets | $6.67B | $6.42B | $5.93B | $5.57B | $4.97B | $5.79B |
| Total Assets | $9.33B | $9.83B | $9.13B | $8.83B | $8.20B | $9.16B |
| Current Liabilities | $4.68B | $5.78B | $4.91B | $4.80B | $4.44B | $5.23B |
| Total Long-Term Debt | $1.10B | $1.10B | $965.0M | $993.6M | $931.8M | $1.64B |
| Total Liabilities | $6.89B | $7.31B | $6.68B | $6.61B | $6.08B | $7.10B |
| Shareholders' Equity | $2.44B | $2.52B | $2.45B | $2.22B | $2.13B | $2.06B |
ManpowerGroup Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $936.4M | $644.8M | $423.3M | $348.2M | $309.2M | -$104.1M |
| Cash From Investing | -$42.4M | -$987.0M | -$85.3M | -$74.1M | -$68.2M | -$59.2M |
| Cash From Financing | -$435.2M | -$283.7M | -$482.1M | -$349.5M | -$282.4M | $485.5M |
| Free Cash Flow | $885.7M | $580.6M | $347.7M | $270.0M | $258.1M | -$161.4M |
| Dividends Paid | — | $136.6M | $139.9M | $144.3M | $145.8M | $66.7M |
Figures from ManpowerGroup's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ManpowerGroup financials page for every line item.
ManpowerGroup Company Profile
| Ticker | MAN |
|---|---|
| Exchange | NYSE |
| Industry | Help Supply Services (Services) |
| Headquarters | Milwaukee, Wisconsin |
| Incorporated in | Wisconsin |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000871763 |
Frequently Asked Questions
What was ManpowerGroup's revenue in fiscal 2025?
ManpowerGroup (MAN) reported revenue of $17.96B for fiscal 2025.
What is ManpowerGroup's annual revenue history?
ManpowerGroup's annual revenue by fiscal year: 2020: $18.00B; 2021: $20.72B; 2022: $19.83B; 2023: $18.91B; 2024: $17.85B; 2025: $17.96B.
What was ManpowerGroup's net income in fiscal 2025?
ManpowerGroup reported net income of -$13.3M for fiscal 2025.
What was ManpowerGroup's earnings per share (EPS) in fiscal 2025?
ManpowerGroup's diluted EPS was -$0.29 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did ManpowerGroup generate in fiscal 2025?
ManpowerGroup generated -$161.4M of free cash flow in fiscal 2025.
What was ManpowerGroup's revenue last quarter?
In its most recent reported quarter (2026 Q2), ManpowerGroup reported revenue of $4.86B.
How much debt does ManpowerGroup have?
ManpowerGroup reported $1.64B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ManpowerGroup are outstanding?
ManpowerGroup reported a weighted average of 46.9 million basic shares outstanding in 2026 Q2.
What is ManpowerGroup's market cap?
Based on its latest closing price, ManpowerGroup (MAN) has a market capitalization of about $2.45B.
When does ManpowerGroup's fiscal year end?
ManpowerGroup's fiscal year end, as registered with the SEC, is December 31.
Where is ManpowerGroup headquartered?
ManpowerGroup lists its business address in Milwaukee, Wisconsin in its SEC filings.