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ManpowerGroup (MAN) Financials

MAN
Trailing 12 months to June 30, 2026
Revenue $18.7B +6.7% YoY
Net Income $104.2M +743.2% YoY
EPS (Diluted) $2.20 +694.6% YoY
Free Cash Flow $68.9M +197.9% YoY
Market Cap $2.5B as of Oct 3, 2026
Price / Sales 0.1x on $18.7B revenue, trailing 12 months to June 30, 2026
Price / Earnings 24.2x on $104.2M net income, trailing 12 months to June 30, 2026
Price / Book 1.2x on $2.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MAN SEC filings page.

ManpowerGroup (MAN) reported $18.7B in revenue over the twelve months to Jun 30, 2026, up 6.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MAN FY2025

ManpowerGroup’s revenue has stabilized, but thin margins and rising leverage leave 2025 cash generation materially weaker.

Revenue contracted across FY2021-FY2025 while gross margin stayed around 17%; the much thinner operating margin indicates overhead absorbed more of each revenue dollar, rather than weakness being confined to direct delivery costs.

In FY2025, operating cash flow turned negative at $104M after being positive in FY2024. Free cash flow also moved from $258M to -$161M, showing that cash consumption extended beyond capital spending and weakened earnings quality alongside the net loss.

At the same time, debt-to-equity rose from 0.2x in FY2021 to 0.5x in FY2025 while the current ratio stayed near 1.1x. The FY2025 asset rebound was funded disproportionately by liabilities, because total liabilities rose while equity fell, leaving a more leveraged balance-sheet posture with limited short-term cushion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 37 / 100
Financial Health Score 37/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of ManpowerGroup's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
44

ManpowerGroup has an operating margin of 0.8%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is down from 1.7% the prior year.

Growth
22

ManpowerGroup's revenue grew a modest 0.6% year-over-year to $18.0B. This slow but positive growth earns a score of 22/100.

Leverage
53

ManpowerGroup has a moderate D/E ratio of 0.51. This balance of debt and equity financing earns a leverage score of 53/100.

Liquidity
24

ManpowerGroup's current ratio of 1.11 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
26

ManpowerGroup's operations used $104.1M of cash, and capex of $57.3M added to the outflow, for a free cash flow shortfall of $161.4M. This results in a cash flow score of 26/100.

Returns
52

ManpowerGroup posts a -0.7% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 52/100. This is down from 6.8% the prior year.

Altman Z-Score Grey Zone
2.87

ManpowerGroup scores 2.87, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak
1/9

ManpowerGroup passes 1 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing
N/A

ManpowerGroup reported a net loss of $13.3M while operations used $104.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
1.57x

ManpowerGroup earns $1.57 in operating income for every $1 of interest expense ($150.1M vs $95.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.9B
YoY+7.5%
QoQ+7.8%
5Y CAGR-1.6%
10Y CAGR-0.3%

ManpowerGroup generated $4.9B in revenue in Q2 2026. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 7.8%.

EBITDA
$133.5M
YoY+4406.5%
QoQ+175.3%
5Y CAGR-6.5%
10Y CAGR-4.8%

ManpowerGroup's EBITDA was $133.5M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4406.5% from the same quarter a year earlier. Against the prior quarter it is up 175.3%.

Net Income
$53.5M
YoY+179.7%
QoQ+2040.0%
5Y CAGR-13.7%
10Y CAGR-7.4%

ManpowerGroup reported $53.5M in net income in Q2 2026. This represents an increase of 179.7% from the same quarter a year earlier. Against the prior quarter it is up 2040.0%.

EPS (Diluted)
$1.13
YoY+178.5%
QoQ+2160.0%
5Y CAGR-11.0%
10Y CAGR-3.4%

ManpowerGroup earned $1.13 per diluted share (EPS) in Q2 2026. This represents an increase of 178.5% from the same quarter a year earlier. Against the prior quarter it is up 2160.0%.

Cash & Balance Sheet

Free Cash Flow
-$8.5M
YoY+95.9%
QoQ+93.7%

ManpowerGroup recorded an outflow of $8.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 95.9% from the same quarter a year earlier. Against the prior quarter it is up 93.7%.

Cash & Debt
$180.6M
YoY-37.7%
QoQ-19.7%
5Y CAGR-34.2%
10Y CAGR-10.5%

ManpowerGroup held $180.6M in cash against $567.3M in long-term debt as of Q2 2026.

Shares Outstanding
47M
YoY+0.5%
QoQ0.0%
5Y CAGR-3.0%
10Y CAGR-3.8%

ManpowerGroup had 47M shares outstanding in Q2 2026. This represents an increase of 0.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
16.1%
YoY-0.9pp
QoQ0.0pp
5Y change-0.3pp
10Y change-1.1pp

ManpowerGroup's gross margin was 16.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.9 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Operating Margin
2.3%
YoY+2.9pp
QoQ+1.7pp
5Y change-0.9pp
10Y change-1.6pp

ManpowerGroup's operating margin was 2.3% in Q2 2026, reflecting core business profitability. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.

Net Margin
1.1%
YoY+2.6pp
QoQ+1.0pp
5Y change-1.0pp
10Y change-1.2pp

ManpowerGroup's net profit margin was 1.1% in Q2 2026, showing the share of revenue converted to profit. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.

Return on Equity
2.5%
YoY+5.9pp
QoQ+2.4pp
5Y change-2.1pp
10Y change-2.2pp

ManpowerGroup's ROE was 2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.4 percentage points.

Capital Allocation

Share Buybacks
$0
YoY-100.0%
QoQ-100.0%

ManpowerGroup repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures
$5.8M
YoY-67.0%
QoQ-35.6%
5Y CAGR-13.4%
10Y CAGR-8.6%

ManpowerGroup invested $5.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 67.0% from the same quarter a year earlier. Against the prior quarter it is down 35.6%.

R&D Spending

Not reported for Q2 2026.

MAN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAN quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$4.9B+7.5%$4.5B+10.3%$4.7B+7.1%$4.6B+2.3%$4.5B0.0%$4.1B-7.1%$4.4B-5.0%$4.5B-3.1%
Cost of Revenue$4.1B+8.6%$3.8B+11.7%$3.9B+8.3%$3.9B+3.1%$3.8B+0.6%$3.4B-6.8%$3.6B-4.6%$3.7B-2.7%
Gross Profit$780.3M+2.2%$723.0M+3.5%$766.7M+1.5%$768.9M-1.7%$763.7M-2.8%$698.3M-8.6%$755.1M-6.9%$782.1M-4.8%
SG&A Expenses$668.3M-15.3%$51.5M-92.3%$686.1M-0.1%$702.3M-1.3%$789.0M+15.2%$670.1M-4.0%$686.9M-19.2%$711.3M-5.4%
Operating Income$112.0M+542.7%$28.3M+0.4%$80.6M+18.2%$66.6M-5.9%-$25.3M-125.0%$28.2M-57.2%$68.2M+272.7%$70.8M+1.4%
EBITDA$133.5M+4406.5%$48.5M-1.8%$101.1M+12.3%$88.7M-4.2%-$3.1M-102.5%$49.4M-43.5%$90.0M+692.1%$92.6M+1.2%
Interest Expense$23.8M-8.5%$25.7M+14.2%-$167.9M-6.9%$24.0M-2.4%$26.0M+18.2%$22.5M+10.3%-$157.0M-12.6%$24.6M+17.1%
Income Tax$38.9M+53.8%$12.9M+16.2%$35.4M+40.5%$34.9M-4.1%$25.3M-21.7%$11.1M-37.6%$25.2M-73.4%$36.4M+49.2%
Net Income$53.5M+179.7%$2.5M-55.4%$30.2M+34.2%$18.0M-21.1%-$67.1M-211.6%$5.6M-85.9%$22.5M+126.6%$22.8M-24.8%
EPS (Basic)$1.14+179.2%$0.05-58.3%$0.64+33.3%$0.39-18.7%-$1.44-215.2%$0.12-85.4%$0.48+128.6%$0.48-21.3%
EPS (Diluted)$1.13+178.5%$0.05-58.3%$0.64+33.3%$0.38-19.1%-$1.44-216.1%$0.12-85.2%$0.48+128.9%$0.47-21.7%
Diluted Shares (Avg)47M+1.9%47M-0.4%N/A47M-2.5%47M-3.9%47M-3.3%N/A48M-4.0%

Not reported in any period shown, so not listed: R&D Expenses.

MAN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAN quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$8.4B-1.5%$8.4B+4.4%$9.2B+11.7%$8.4B-0.4%$8.5B+0.6%$8.0B-5.3%$8.2B-7.1%$8.5B-1.3%
Current Assets$5.1B-0.2%$5.1B+6.6%$5.8B+16.5%$5.1B-1.6%$5.1B-1.7%$4.7B-9.5%$5.0B-10.8%$5.2B-2.9%
Cash & Equivalents$180.6M-37.7%$224.9M-43.1%$871.0M+71.0%$274.6M-33.2%$289.8M-38.2%$395.0M-34.7%$509.4M-12.4%$410.9M-28.1%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$4.7B+2.0%$4.6B+11.0%$4.8B+11.0%$4.6B+0.9%$4.6B+1.0%$4.2B-6.5%$4.3B-11.0%$4.6B-0.2%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$1.5B-4.2%$1.5B-2.4%$1.5B-1.2%$1.5B-3.1%$1.5B-1.5%$1.6B+0.2%$1.6B-1.5%$1.6B-1.6%
Total Liabilities$6.3B-3.7%$6.3B+6.6%$7.1B+16.9%$6.4B+2.1%$6.5B+3.1%$5.9B-6.0%$6.1B-8.0%$6.3B+1.9%
Current Liabilities$4.9B-6.6%$4.5B+6.2%$5.2B+18.0%$5.1B+13.2%$5.3B+15.1%$4.2B-5.9%$4.4B-7.6%$4.5B+2.2%
Non-Current Liabilities$1.3B+8.5%$1.8B+7.7%$1.9B+14.0%$1.3B-26.1%$1.2B-28.1%$1.7B-5.7%$1.6B-8.9%$1.8B+1.6%
Long-Term Debt$567.3M+20.6%$1.0B+6.5%$1.1B+13.2%$468.3M-53.2%$470.3M-51.1%$971.4M+0.3%$929.4M-6.2%$999.7M+5.4%
Total Equity$2.1B+5.6%$2.1B-1.8%$2.1B-3.1%$2.0B-7.6%$2.0B-6.7%$2.1B-3.4%$2.1B-4.4%$2.2B-9.4%
Retained Earnings$3.8B+1.0%$3.7B-2.2%$3.7B-2.1%$3.7B-3.3%$3.7B-3.2%$3.8B-0.9%$3.8B0.0%$3.9B-2.7%

Not reported in any period shown, so not listed: Inventory.

MAN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAN quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$2.7M+98.6%-$126.3M+17.6%$178.9M-27.7%$59.8M-28.4%-$189.6M-37.5%-$153.2M-232.1%$247.6M+117.8%$83.5M-68.6%
Depreciation & Amortization$21.5M-3.2%$20.2M-4.7%$20.5M-6.0%$22.1M+1.4%$22.2M+3.7%$21.2M-1.9%$21.8M-10.3%$21.8M+0.5%
Stock-Based Compensation$7.6M-1.3%$6.0M-21.1%N/A$4.9M-30.0%$7.7M+2.7%$7.6M+1.3%N/A$7.0M
Capital Expenditures$5.8M-67.0%$9.0M-34.3%$10.9M-3.5%$15.1M-6.2%$17.6M+47.9%$13.7M+16.1%$11.3M-51.1%$16.1M-21.5%
Free Cash Flow-$8.5M+95.9%-$135.3M+18.9%$168.0M-28.9%$44.7M-33.7%-$207.2M-38.3%-$166.9M-260.2%$236.3M+160.8%$67.4M-72.5%
Investing Cash Flow$82.1M+523.2%-$8.7M+40.4%-$10.5M+60.1%-$14.7M+27.6%-$19.4M-63.0%-$14.6M-50.5%-$26.3M-21.8%-$20.3M-12.8%
Financing Cash Flow-$125.6M-260.4%-$511.2M-1218.6%$426.0M+511.2%-$64.5M+54.0%$78.3M+314.3%$45.7M+179.5%-$103.6M+16.3%-$140.2M-140.1%
Dividends PaidN/AN/A$33.4M-53.8%$0N/AN/A$72.3M+1.5%$0
Share Buybacks$0-100.0%$300K-98.8%$0-100.0%$0-100.0%$13.2M-51.1%$25.0M-50.0%$34.0M-32.0%$29.0M-41.9%

MAN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAN quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin16.1%-0.9pp16.0%-1.0pp16.3%-0.9pp16.6%-0.7pp16.9%-0.5pp17.1%-0.3pp17.2%-0.4pp17.3%-0.3pp
Operating Margin2.3%+2.9pp0.6%-0.1pp1.7%+0.2pp1.4%-0.1pp-0.6%-2.8pp0.7%-0.8pp1.6%+2.4pp1.6%+0.1pp
Net Margin1.1%+2.6pp0.1%-0.1pp0.6%+0.1pp0.4%-0.1pp-1.5%-2.8pp0.1%-0.8pp0.5%+2.3pp0.5%-0.1pp
Return on Equity2.5%+5.9pp0.1%-0.2pp1.5%+0.4pp0.9%-0.2pp-3.4%-6.2pp0.3%-1.6pp1.1%+4.9pp1.1%-0.2pp
Return on Assets0.6%+1.4pp0.0%0.0pp0.3%+0.1pp0.2%-0.1pp-0.8%-1.5pp0.1%-0.4pp0.3%+1.2pp0.3%-0.1pp
Current Ratio1.04+0.1x1.120.0x1.110.0x1.00-0.1x0.98-0.2x1.120.0x1.120.0x1.15-0.1x
Debt-to-Equity0.270.0x0.500.0x0.51+0.1x0.23-0.2x0.24-0.2x0.460.0x0.440.0x0.46+0.1x
Asset Turnover0.580.0x0.540.0x0.510.0x0.550.0x0.530.0x0.510.0x0.540.0x0.530.0x
FCF Margin-0.2%+4.4pp-3.0%+1.1pp3.6%-1.8pp1.0%-0.5pp-4.6%-1.3pp-4.1%-6.5pp5.4%+3.4pp1.5%-3.8pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
ManpowerGroup MAN FY2025 $18.0B -$13.3M -0.1% $2.5B 37/100
Barrett Business Services BBSI FY2025 $1.2B $54.4M 4.4% $739.4M 51/100
Heidrick & Struggles Inc HSII FY2024 $1.1B $8.7M 0.8% $1.2B 46/100
Insperity, Inc NSP FY2025 $6.8B -$7.0M -0.1% $1.8B 49/100
Kelly Services Inc KELYB FY2025 $4.3B -$600K 0.0% $778.0M 35/100
Kforce Inc. KFRC FY2025 $1.3B $34.8M 2.6% $946.7M 47/100

Frequently Asked Questions

What is ManpowerGroup's annual revenue?

ManpowerGroup (MAN) reported $18.0B in total revenue for fiscal year 2025. This represents a 0.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ManpowerGroup's revenue growing?

ManpowerGroup (MAN) revenue grew by 0.6% year-over-year, from $17.9B to $18.0B in fiscal year 2025.

Is ManpowerGroup profitable?

No, ManpowerGroup (MAN) reported a net income of -$13.3M in fiscal year 2025, with a net profit margin of -0.1%.

ManpowerGroup (MAN) reported diluted earnings per share of -$0.29 for fiscal year 2025. This represents a -109.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ManpowerGroup (MAN) had EBITDA of $236.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, ManpowerGroup (MAN) had $871.0M in cash and equivalents against $1.1B in long-term debt.

ManpowerGroup (MAN) had a gross margin of 16.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

ManpowerGroup (MAN) had an operating margin of 0.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

ManpowerGroup (MAN) had a net profit margin of -0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, ManpowerGroup (MAN) paid $1.44 per share in dividends during fiscal year 2025.

ManpowerGroup (MAN) has a return on equity of -0.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

ManpowerGroup (MAN) recorded an outflow of $161.4M in free cash flow during fiscal year 2025. This represents a -162.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

ManpowerGroup (MAN) recorded an outflow of $104.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

ManpowerGroup (MAN) had $9.2B in total assets as of fiscal year 2025, including both current and long-term assets.

ManpowerGroup (MAN) invested $57.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, ManpowerGroup (MAN) spent $38.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

ManpowerGroup (MAN) had 46M shares outstanding as of fiscal year 2025.

ManpowerGroup (MAN) had a current ratio of 1.11 as of fiscal year 2025, which is considered adequate.

ManpowerGroup (MAN) had a debt-to-equity ratio of 0.51 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

ManpowerGroup (MAN) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

ManpowerGroup (MAN) trades at 24.2x earnings, its market capitalization divided by net income of $104.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.5B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

ManpowerGroup (MAN) trades at 0.1x sales, its market capitalization divided by revenue of $18.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.5B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, ManpowerGroup (MAN) held $871.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $104.1M over that year. Dividing the one by the other, the reported balance equals about 100 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

ManpowerGroup (MAN) has an Altman Z-Score of 2.87, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

ManpowerGroup (MAN) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

ManpowerGroup (MAN) reported a net loss of $13.3M while operations used $104.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

ManpowerGroup (MAN) has an interest coverage ratio of 1.57x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

ManpowerGroup (MAN) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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