ManpowerGroup Reports 3rd Quarter 2026 Results

Lower selling and administrative expenses accompanied higher operating profit, despite a small quarterly gross-profit decline.

Rhea-AI Summary

ManpowerGroup (NYSE: MAN) reported third-quarter 2026 net earnings of $34.1 million, improving from the prior-year quarter as revenue and operating profit rose. Diluted earnings per share increased to $0.71 from $0.38. Revenue reached $4.8 billion, up 4% as reported and 5% excluding currency effects. Operating profit rose 23.7% to $82.3 million, while gross profit slipped 0.2% to $767.3 million.

Restructuring, transformation and other adjustments reduced quarterly earnings per share by $0.30; adjusted earnings were $1.01 per share, up 24% excluding currency effects. Northern Europe returned to an operating unit profit, while France's revenue and unit profit declined. Nine-month net earnings reached $90.1 million versus a $43.5 million loss. The company expects fourth-quarter diluted earnings of $1.03–$1.13 per share. Becky Frankiewicz becomes CEO January 1, 2027, with Jonas Prising moving to Executive Chair.

28 points · 0 major

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0 major · 11 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointThird-quarter revenue rose 4% to $4.8 billion; growth was 5% excluding currency effects and 6% organically excluding currency effects.
• Moderate pointThird-quarter net earnings increased to $34.1 million from $18.0 million a year earlier.
• Moderate pointThird-quarter diluted earnings rose to $0.71 per share from $0.38 a year earlier.
• Moderate pointAdjusted third-quarter earnings reached $1.01 per share, up 24% year over year excluding currency effects.
• Moderate pointThird-quarter operating profit increased 23.7% to $82.3 million year over year.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Fourth-quarter diluted earnings are expected at $1.03–$1.13 per share.

22 minor points

• Minor pointThird-quarter selling and administrative expenses fell 2.5% to $685.0 million year over year.
• Minor pointU.S. third-quarter revenue increased 5.5% to $728.8 million year over year.
• Minor pointOther Americas third-quarter revenue increased 27.0% to $517.9 million year over year.
• Minor pointItaly's third-quarter revenue increased 4.5% to $483.1 million year over year.
• Minor pointOther Southern Europe third-quarter revenue increased 7.5% to $611.9 million year over year.
• Minor pointNorthern Europe third-quarter revenue increased 5.4% to $860.6 million year over year.
• Minor pointAPME third-quarter revenue fell 1.1% to $514.9 million, but grew 4.3% excluding currency effects.
• Minor pointNorthern Europe posted third-quarter unit profit of $7.5 million, versus a $14.9 million year-earlier loss.
• Minor pointU.S. third-quarter operating unit profit increased 18.2% to $24.3 million year over year.
• Minor pointOther Americas third-quarter operating unit profit increased 33.1% to $23.1 million year over year.
• Minor pointItaly's third-quarter operating unit profit increased 3.2% to $27.4 million year over year.
• Minor pointOther Southern Europe third-quarter operating unit profit increased 74.1% to $14.8 million year over year.
• Minor pointU.S. Experis revenue crossed into growth during the quarter.
• Minor pointNine-month revenue increased 7.3% to $14,210.6 million; growth excluding currency effects was 4.7%.
• Minor pointNine-month net earnings reached $90.1 million, versus a $43.5 million year-earlier loss.
• Minor pointNine-month diluted earnings reached $1.89 per share, versus a $0.93 year-earlier loss.
• Minor pointAdjusted nine-month earnings reached $2.51 per share, up 21% year over year excluding currency effects.
• Minor pointNine-month operating profit increased 220.4% to $222.6 million year over year.
• Minor pointNine-month gross profit rose 1.8% to $2,270.6 million, but fell 0.5% excluding currency effects.
• Minor pointNine-month selling and administrative expenses excluding impairment fell 1.2% to $2,048.0 million year over year.
• Minor pointNine-month impairment charges were zero, versus $88.7 million a year earlier.
• Minor point. Forward-looking: it has not happened yet and may not happen.Transformation implementation is expanding beyond the U.S.; the company says its cost-savings target remains on track.

Negative

• Moderate pointThird-quarter adjustments reduced diluted earnings by $0.30 per share, including restructuring, transformation, business-sale and Argentina currency items.
• Minor pointThird-quarter gross profit fell 0.2% to $767.3 million, despite 0.4% growth excluding currency effects.
• Minor pointFrance's third-quarter revenue declined 3.5% to $1,132.9 million year over year.
• Minor pointFrance's third-quarter operating unit profit declined 26.9% to $22.4 million year over year.
• Minor pointAPME third-quarter operating unit profit declined 10.2% to $23.9 million year over year.

6 minor points

• Minor pointThird-quarter corporate expenses rose to $54.1 million from $40.9 million a year earlier.
• Minor pointThird-quarter net interest and other expenses increased 4.8% to $14.3 million year over year.
• Minor pointNine-month adjustments reduced diluted earnings by $0.62 per share, including restructuring, transformation, business-sale, liquidation and Argentina currency items.
• Minor pointNine-month net interest and other expenses increased 12.4% to $46.8 million year over year.
• Minor pointNine-month income-tax provision increased 20.2% to $85.7 million year over year.
• Minor point. Forward-looking: it has not happened yet and may not happen.Fourth-quarter guidance assumes an expected 44% effective tax rate.

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Market move: MAN -19.11% vs previous close. 3Q26 earnings report

$41.01 – $55.27 Day Range

$1.95B Market Cap

On Oct 15, the day this news came out, the latest delayed price for MAN is 19.11% below the previous close. Our momentum scanner has recorded 24 alerts for this stock so far that day. The latest delayed price is $42.03.

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Key Figures

Third-quarter revenue: $4.8 billion; +4% reported Diluted EPS: $0.71 per diluted share (vs. $0.38) Earnings impact of specified items: $0.30 per diluted share reduction +5 more

Third-quarter revenue

$4.8 billion; +4% reported

Third quarter 2026, year over year

Diluted EPS

$0.71 per diluted share (vs. $0.38)

Third quarter 2026, year over year

Earnings impact of specified items

$0.30 per diluted share reduction

Third quarter 2026

Adjusted EPS

$1.01 per diluted share; +24% in constant currency

Third quarter 2026, excluding specified items

Fourth-quarter EPS outlook

$1.03–$1.13 per diluted share

Fourth quarter 2026

Nine-month net earnings

$90.1 million (vs. net loss of $43.5 million)

Nine months ended September 30, 2026, year-over-year comparison

Nine-month adjusted EPS

$2.51 per diluted share; +21% in constant currency

Nine months ended September 30, 2026, excluding specified charges

Nine-month revenue

$14.2 billion; +7% reported

Nine months ended September 30, 2026, year over year

Key Terms

constant currency, sg&a, hyperinflationary

3 terms

constant currency financial

"increase of 24% in constant currency in the third quarter of 2026"

Constant currency is a way of measuring financial results that removes the effects of changes in currency exchange rates. It allows for a clearer comparison of a company's performance over time by showing what the numbers would look like if exchange rates had stayed the same. This helps investors understand whether growth comes from actual business improvements or just currency fluctuations.

sg&a financial

"SG&A improved trend reflects continued cost actions"

SG&A stands for Selling, General, and Administrative expenses. It includes the costs a company spends on selling products, running the business day-to-day, and managing staff, like advertising, rent, and salaries. These expenses matter because they affect how much profit a company can make from its sales.

hyperinflationary financial

"Argentina hyperinflationary related non-cash currency translation losses"

An economy described as hyperinflationary is one where prices and the cost of goods and services are rising extremely fast and unpredictably, eroding the value of the local currency like water rapidly leaking from a bucket. For investors it matters because hyperinflation can wipe out real returns, distort company revenues and expenses, force large currency or accounting adjustments, and make planning and valuing assets much more uncertain.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Revenues of $4.8 billion (+4% as reported, +5% constant currency, +6% organic constant currency)
• Continued top-line growth driven by strength in Manpower, particularly in the United States
• Improving global Experis trends with U.S. Experis crossing over to growth during the quarter
• Strong year-over-year revenue growth and Operating Unit Profit improvement in Northern Europe
• SG&A improved trend reflects continued cost actions
• Becky Frankiewicz will become CEO January 1, 2027, with Jonas Prising transitioning to Executive Chair. More details in a separate press release issued this morning

MILWAUKEE, Oct. 15, 2026 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $0.71 per diluted share for the three months ended September 30, 2026 compared to net earnings of $0.38 per diluted share in the prior year period. Net earnings in the quarter were $34.1 million compared to net earnings of $18.0 million a year earlier. Revenues for the third quarter were $4.8 billion, a 4% increase from the prior year period.

The current year quarter included restructuring costs, strategic transformation program costs, a business sale adjustment, and Argentina hyperinflationary related non-cash currency translation losses, which negatively impacted earnings per share by $0.30 in the third quarter. Excluding these items, earnings per share was $1.01 per diluted share in the quarter representing an increase of 24% in constant currency in the third quarter of 2026.¹

Financial results in the quarter were also impacted by the U.S. dollar relative to foreign currencies compared to the prior year period. On a constant currency basis, revenues increased 5% compared to the prior year period.

Jonas Prising, ManpowerGroup Chair & CEO, said, "We delivered another quarter of consistent performance and strong execution as momentum continues across the organization. Our Manpower brand continues to lead the way, with notable share gains in the U.S. Our Experis and Talent Solutions brands experienced sequential revenue trend improvement which is encouraging. Our performance to date reinforces our confidence that 2026 is an inflection point for the business. At the same time, we continue to advance our transformation, expanding implementation beyond the U.S. and driving growth across our brands and regions while remaining on track to deliver on our cost savings target. Looking ahead, the combination of improving demand, strong execution, and continued progress on our transformation positions ManpowerGroup to drive sustainable, profitable growth."

We anticipate diluted earnings per share in the fourth quarter will be between $1.03 and $1.13 and a 44% effective tax rate."

Net earnings for the nine months ended September 30, 2026 were $90.1 million, or net earnings of $1.89 per diluted share compared to net losses of $43.5 million, or net losses of $0.93 per diluted share in the prior year, respectively. The current year-to-date period included restructuring costs, strategic transformation program costs, the sale of our Jefferson Wells U.S. business, a discontinued business liquidation charge, and Argentina hyperinflationary related non-cash currency translation losses which, in aggregate, reduced earnings per share by $0.62. Excluding the net impact of these charges, earnings per share for the nine-month period was $2.51 per diluted share representing an increase of 21%² in constant currency. Revenues for the nine-month period were $14.2 billion, representing an increase of 7% compared to the prior year or 5% in constant currency.

In conjunction with its third quarter earnings release, ManpowerGroup will broadcast its conference call live over the internet on October 15, 2026 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Prepared remarks for the conference call, webcast details, presentation and recordings are included within the Investor Relations section of manpowergroup.com.

Supplemental financial information referenced in the conference call can be found at http://investor.manpowergroup.com/.

_____________________________

1 The prior year period included various adjustments which reduced earnings per share by $0.45 in the third quarter, which are also excluded when determining the year over year adjusted trend.

2 The prior year period included restructuring costs, net losses from the sale of businesses, a non-cash goodwill and intangible asset impairment charge, and Argentina hyperinflationary related non-cash currency translation losses which reduced earnings per share by $2.98 which are also excluded when determining the year over year trend.

About ManpowerGroup
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com. 

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, including statements regarding trends in labor demand and the future strengthening of such demand, the Company's financial outlook, and the Company's strategic initiatives and technology investments, including our ability to increase market share and the acceleration of transformation initiatives to remove structural costs from the organization to drive efficiencies, which are subject to risks and uncertainties. The Company's actual results may differ materially from those described or contemplated in the forward-looking statements due to numerous factors. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, which information is incorporated herein by reference.

We caution that any forward-looking statement reflects only our belief at the time the statement is made. The Company assumes no obligation to update or revise any forward-looking statements. We reference certain non-GAAP financial measures, which we believe provide useful information for investors. We include a reconciliation of these measures, where appropriate, to GAAP on the Investor Relations section of our website at manpowergroup.com. 

ManpowerGroup Results of Operations (In millions, except per share data)
		Three Months Ended September 30
										% Variance
										Amount				Constant
		2026				2025				Reported				Currency
		(Unaudited)
Revenues from services (a)		$	4,840.0			$	4,634.4				4.4	%			5.2		%
Cost of services			4,072.7				3,865.5				5.4	%			6.1		%
Gross profit			767.3				768.9				-0.2	%			0.4		%
Selling and administrative expenses			685.0				702.3				-2.5	%			-2.0		%
Operating profit			82.3				66.6				23.7	%			26.2		%
Interest and other expenses, net			14.3				13.7				4.8	%
Earnings before income taxes			68.0				52.9				28.5	%			31.0		%
Provision for income taxes			33.9				34.9				-2.8	%
Net earnings		$	34.1			$	18.0				89.3	%			92.9		%
Net earnings per share - basic		$	0.73			$	0.39				87.7	%
Net earnings per share - diluted		$	0.71			$	0.38				84.4	%			87.9		%
Weighted average shares - basic			46.9				46.5				0.8	%
Weighted average shares - diluted			48.1				46.9				2.7	%

(a)	Revenues from services include fees received from our franchise offices of $4.2 million and $4.3 million for the three months ended September 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $481.1 million and $300.3 million for the three months ended September 30, 2026 and 2025, respectively.

 

ManpowerGroup Operating Unit Results (In millions)
		Three Months Ended September 30
										% Variance
										Amount				Constant
		2026				2025				Reported				Currency
		(Unaudited)
Revenues from Services:
Americas:
United States (a)		$	728.8			$	690.8				5.5	%			5.5	%
Other Americas			517.9				407.9				27.0	%			21.7	%
			1,246.7				1,098.7				13.5	%			11.5	%
Southern Europe:
France			1,132.9				1,173.5				-3.5	%			-1.9	%
Italy			483.1				462.5				4.5	%			6.2	%
Other Southern Europe			611.9				569.5				7.5	%			7.0	%
			2,227.9				2,205.5				1.0	%			2.1	%
Northern Europe			860.6				816.8				5.4	%			5.9	%
APME			514.9				520.5				-1.1	%			4.3	%
			4,850.1				4,641.5
Intercompany Eliminations			(10.1)				(7.1)
		$	4,840.0			$	4,634.4				4.4	%			5.2	%
Operating Unit Profit (Loss):
Americas:
United States		$	24.3			$	20.6				18.2	%			18.2	%
Other Americas			23.1				17.3				33.1	%			27.9	%
			47.4				37.9				25.0	%			22.6	%
Southern Europe:
France			22.4				30.6				-26.9	%			-25.3	%
Italy			27.4				26.6				3.2	%			5.1	%
Other Southern Europe			14.8				8.4				74.1	%			68.2	%
			64.6				65.6				-1.7	%			-1.0	%
Northern Europe			7.5				(14.9)			N/A				N/A
APME			23.9				26.8				-10.2	%			-3.7	%
			143.4				115.4
Corporate expenses			(54.1)				(40.9)
Intangible asset amortization expense			(7.0)				(7.9)
Operating profit			82.3				66.6				23.7	%			26.2	%
Interest and other expenses, net (b)			(14.3)				(13.7)
Earnings before income taxes		$	68.0			$	52.9

(a)	In the United States, revenues from services include fees received from our franchise offices of $2.4 million and $2.7 million for the three months ended September 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $94.5 million and $83.5 million for the three months ended September 30, 2026 and 2025, respectively.
(b)	The components of interest and other expenses, net were:

		2026				2025
Interest expense		$	28.0			$	24.0
Interest income			(7.8)				(6.9)
Foreign exchange loss			1.3				2.4
Miscellaneous income, net			(7.2)				(5.8)
		$	14.3			$	13.7

 

ManpowerGroup Results of Operations (In millions, except per share data)
		Nine Months Ended September 30
										% Variance
										Amount				Constant
		2026				2025				Reported				Currency
		(Unaudited)
Revenues from services (a)		$	14,210.6			$	13,244.0				7.3	%			4.7	%
Cost of services			11,940.0				11,013.1				8.4	%			5.7	%
Gross profit			2,270.6				2,230.9				1.8	%			-0.5	%
Selling and administrative expenses,    excluding impairment charges			2,048.0				2,072.7				-1.2	%			-3.4	%
Impairment charges (b)			—				88.7			N/A				N/A
Selling and administrative expenses			2,048.0				2,161.4				-5.3	%			-7.4	%
Operating profit			222.6				69.5				220.4	%			213.8	%
Interest and other expenses, net			46.8				41.7				12.4	%
Earnings before income taxes			175.8				27.8				531.5	%			525.5	%
Provision for income taxes			85.7				71.3				20.2	%
Net earnings (loss)		$	90.1			$	(43.5)			N/A				N/A
Net earnings (loss) per share - basic		$	1.93			$	(0.93)			N/A
Net earnings (loss) per share - diluted		$	1.89			$	(0.93)			N/A				N/A
Weighted average shares - basic			46.8				46.6				0.4	%
Weighted average shares - diluted			47.6				46.6				2.2	%

(a)	Revenues from services include fees received from our franchise offices of $12.5 million for both the nine months ended September 30, 2026 and 2025. These fees are primarily based on revenues generated by the franchise offices, which were $1,406.8 million and $1,147.4 million for the nine months ended September 30, 2026 and 2025, respectively.
(b)	Impairment charges for the nine months ended September 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business.

 

ManpowerGroup Operating Unit Results (In millions)
		Nine Months Ended September 30
										% Variance
										Amount				Constant
		2026				2025				Reported				Currency
		(Unaudited)
Revenues from Services:
Americas:
United States (a)		$	2,098.0			$	2,053.7				2.2	%			2.2	%
Other Americas			1,476.6				1,161.7				27.1	%			21.7	%
			3,574.6				3,215.4				11.2	%			9.2	%
Southern Europe:
France			3,379.1				3,288.5				2.8	%			-0.8	%
Italy			1,479.7				1,336.2				10.7	%			6.9	%
Other Southern Europe			1,779.1				1,564.1				13.8	%			7.7	%
			6,637.9				6,188.8				7.3	%			3.0	%
Northern Europe			2,476.2				2,342.0				5.7	%			2.0	%
APME			1,544.1				1,522.2				1.4	%			5.7	%
			14,232.8				13,268.4
Intercompany Eliminations			(22.2)				(24.4)
			14,210.6				13,244.0				7.3	%			4.7	%
Operating Unit Profit (Loss):
Americas:
United States		$	79.2			$	51.6				53.6	%			53.6	%
Other Americas			59.2				47.9				23.4	%			18.4	%
			138.4				99.5				39.1	%			36.6	%
Southern Europe:
France			67.9				83.9				-19.1	%			-20.9	%
Italy			90.2				83.0				8.6	%			5.0	%
Other Southern Europe			35.8				22.2				61.1	%			49.5	%
			193.9				189.1				2.5	%			-1.3	%
Northern Europe			1.3				(42.2)			N/A				N/A
APME			69.5				73.2				-4.8	%			1.9	%
			403.1				319.6
Corporate expenses			(159.5)				(137.1)
Impairment charges (b)			—				(88.7)
Intangible asset amortization expense			(21.0)				(24.3)
Operating profit			222.6				69.5				220.4	%			213.8	%
Interest and other expenses, net (c)			(46.8)				(41.7)
Earnings before income taxes		$	175.8			$	27.8

(a)	In the United States, revenues from services include fees received from our franchise offices of $7.5 million for both the nine months ended September 30, 2026 and 2025. These fees are primarily based on revenues generated by the franchise offices, which were $266.4 million and $247.5 million for the nine months ended September 30, 2026 and 2025, respectively.
(b)	Impairment charges for the nine months ended September 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business.
(c)	The components of interest and other expenses, net were:

		2026				2025
Interest expense		$	77.5			$	72.5
Interest income			(18.7)				(22.0)
Foreign exchange loss			3.6				4.6
Miscellaneous income, net			(15.6)				(13.4)
		$	46.8			$	41.7

 

ManpowerGroup Consolidated Balance Sheets (In millions)
		September 30,				December 31,
		2026				2025
		(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents		$	233.1			$	871.0
Accounts receivable, net			4,619.4				4,770.3
Prepaid expenses and other assets			204.3				149.1
Total current assets			5,056.8				5,790.4
Other assets:
Goodwill			1,481.7				1,544.6
Intangible assets, net			408.3				430.1
Operating lease right-of-use assets			345.5				392.7
Other assets			856.5				879.1
Total other assets			3,092.0				3,246.5
Property and equipment:
Land, buildings, leasehold improvements and equipment			522.8				526.9
Less: accumulated depreciation and amortization			411.7				403.7
Net property and equipment			111.1				123.2
Total assets		$	8,259.9			$	9,160.1
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable		$	2,432.6			$	2,721.1
Employee compensation payable			232.7				232.3
Accrued payroll taxes and insurance			633.0				672.1
Accrued liabilities			461.0				457.6
Value added taxes payable			406.5				418.1
Short-term operating lease liability			99.2				107.4
Short-term borrowings and current maturities of long-term debt			540.6				625.0
Total current liabilities			4,805.6				5,233.6
Other liabilities:
Long-term debt			562.8				1,052.1
Long-term operating lease liability			259.8				304.3
Other long-term liabilities			491.1				509.8
Total other liabilities			1,313.7				1,866.2
Shareholders' equity:
ManpowerGroup shareholders' equity
Common stock			1.2				1.2
Capital in excess of par value			3,592.8				3,572.5
Retained earnings			3,788.9				3,732.3
Accumulated other comprehensive loss			(406.1)				(412.1)
Treasury stock, at cost			(4,836.4)				(4,834.3)
Total ManpowerGroup shareholders' equity			2,140.4				2,059.6
Noncontrolling interests			0.2				0.7
Total shareholders' equity			2,140.6				2,060.3
Total liabilities and shareholders' equity		$	8,259.9			$	9,160.1

 

ManpowerGroup Consolidated Statements of Cash Flows (In millions)
		Nine Months Ended
		September 30,
		2026				2025
		(Unaudited)
Cash Flows from Operating Activities:
Net earnings (Loss)		$	90.1			$	(43.5)
Adjustments to reconcile net earnings to net cash used in operating activities:
Depreciation and amortization			62.1				65.5
(Gain) Loss on sales of subsidiaries, net			(22.8)				6.2
Non-cash impairment of goodwill and other intangible assets			—				88.7
Deferred income taxes			7.1				(16.1)
Provision for credit losses			9.1				4.3
Share-based compensation			20.9				20.2
Changes in operating assets and liabilities:
Accounts receivable			36.4				(8.8)
Other assets			(74.7)				(95.4)
Accounts payable			(255.8)				(182.9)
Other liabilities			(9.4)				(121.2)
Cash used in operating activities			(137.0)				(283.0)
Cash Flows from Investing Activities:
Capital expenditures			(23.6)				(46.4)
Acquisition of businesses, net of cash acquired			—				(1.0)
Impact to cash resulting from sales of subsidiaries			87.5				(2.1)
Proceeds from the sale of property and equipment			1.4				0.8
Cash provided by (used in) investing activities			65.3				(48.7)
Cash Flows from Financing Activities:
Net change in short-term borrowings			1.5				65.7
Net proceeds from revolving debt facility			50.0				73.0
Proceeds from long-term debt			3.2				0.2
Repayments of long-term debt			(585.9)				(0.6)
Payments of contingent consideration for acquisition			(0.8)				(1.3)
Taxes paid related to net share settlement			(2.8)				(6.0)
Repurchases of common stock and excise tax			(0.3)				(38.2)
Dividends paid			(33.5)				(33.3)
Cash (used in) provided by financing activities			(568.6)				59.5
Effect of exchange rate changes on cash			2.4				37.4
Change in cash and cash equivalents			(637.9)				(234.8)
Cash and cash equivalents, beginning of period			871.0				509.4
Cash and cash equivalents, end of period		$	233.1			$	274.6

 

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SOURCE ManpowerGroup

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were ManpowerGroup's third-quarter 2026 earnings?

ManpowerGroup earned $34.1 million, or $0.71 per diluted share, compared with $18.0 million, or $0.38 per diluted share, a year earlier. Excluding restructuring, transformation, a business-sale adjustment and Argentina currency losses, earnings were $1.01 per diluted share, up 24% excluding currency effects.

What is ManpowerGroup's fourth-quarter 2026 earnings outlook?

ManpowerGroup expects fourth-quarter diluted earnings of $1.03 to $1.13 per share and an effective tax rate of 44%.