MANNYSEServices-Help Supply ServicesFiscal year ends December 31
ManpowerGroup Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$41.48−0.01 (-0.02%)
Close on Oct 19, 2026
- Market cap
- $1.97B
- P/E (TTM)
- –
- Dividend yield
- 3.47%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
16.7%+1.0 pts over 5 years
Operating margin
0.8%−0.2 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.6% | -3.2% | -0.0% | -0.7% | |
| Gross profit | -2.9% | -5.7% | +1.2% | -0.9% | |
| Operating income | -50.9% | -36.3% | -4.4% | -14.1% | |
| Dividend per share | -53.2% | -19.1% | -8.6% | -1.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.8% | – | – | |
| Return on assets | 5.9% | – | – | |
| Current ratio | 1.40 | 1.42 | 1.11 | |
| Debt to equity | 0.35 | 0.46 | 0.81 | |
| Net debt to EBITDA | 0.27× | -1.68× | 3.41× | |
| Interest coverage | 15.1× | 4.3× | -1.6× | |
| Capex to revenue | 0.3% | 0.3% | 0.3% | |
| Diluted shares | 71M | 58M | 47M |
Where the cash went
Fiscal 2021 to 2025, five years combined
ManpowerGroup generated $1.83B from operations and spent $1.80B on capital expenditure, dividends and share buybacks. 18% of that went back into the business.
Generated
$1.83B
Used
$1.80B
Capital expenditure$326.40M18%Dividends$633.30M35%Share buybacks$838.00M47%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.5%
×Asset turnover2.53×
×Equity multiplier3.22×
=Return on equity, FY201820.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2018 | 2.5% | 2.53× | 3.22× | 20.6% |
| FY2017 | 2.6% | 2.56× | 3.20× | 21.2% |
| FY2016 | 2.3% | 2.60× | 3.03× | 17.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-$104.10M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-$104.10M vs –
- Less leverageLong-term debt to assets fell11.3% → 11.5%
- Better liquidityCurrent ratio rose1.12 → 1.11
- No dilutionShare count did not rise48M → 47M
- Gross margin improvedGross margin up on the prior year17.29% → 16.69%
- More efficientAsset turnover rose2.02 → 2.19