ManpowerGroup Financial Statements From 2010 to 2024

MAN Stock  USD 64.56  0.42  0.65%   
ManpowerGroup financial statements provide useful quarterly and yearly information to potential ManpowerGroup investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ManpowerGroup financial statements helps investors assess ManpowerGroup's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ManpowerGroup's valuation are summarized below:
Gross Profit
3.6 B
Profit Margin
0.0021
Market Capitalization
B
Enterprise Value Revenue
0.2186
Revenue
18.1 B
We have found one hundred twenty available fundamental ratios for ManpowerGroup, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check ManpowerGroup's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 28th of November 2024, Market Cap is likely to grow to about 6.1 B. Also, Enterprise Value is likely to grow to about 6.2 B

ManpowerGroup Total Revenue

15.78 Billion

Check ManpowerGroup financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ManpowerGroup's main balance sheet or income statement drivers, such as Depreciation And Amortization of 89.3 M, Interest Expense of 78.9 M or Total Revenue of 15.8 B, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0383 or PTB Ratio of 1.69. ManpowerGroup financial statements analysis is a perfect complement when working with ManpowerGroup Valuation or Volatility modules.
  
Check out the analysis of ManpowerGroup Correlation against competitors.
To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.

ManpowerGroup Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.9 B8.8 B7.6 B
Slightly volatile
Short and Long Term Debt Total784.3 M1.4 B946.5 M
Slightly volatile
Other Current Liabilities1.1 B835.9 M1.4 B
Slightly volatile
Total Current Liabilities2.9 B4.8 B3.9 B
Slightly volatile
Total Stockholder Equity1.9 B2.2 B2.4 B
Pretty Stable
Property Plant And Equipment Net571.1 M543.9 M308.2 M
Slightly volatile
Accounts Payable2.9 B2.7 BB
Slightly volatile
Cash553.7 M581.3 M701.9 M
Slightly volatile
Non Current Assets Total1.7 B3.3 B2.4 B
Slightly volatile
Non Currrent Assets Other392.3 M460.9 M510.1 M
Slightly volatile
Cash And Short Term Investments553.7 M581.3 M701.9 M
Slightly volatile
Net Receivables3.4 B4.8 B4.4 B
Slightly volatile
Common Stock Shares Outstanding60.6 M50.4 M67.8 M
Slightly volatile
Liabilities And Stockholders Equity5.9 B8.8 B7.6 B
Slightly volatile
Non Current Liabilities Total1.1 B1.8 B1.3 B
Slightly volatile
Other Current Assets158.8 M160.8 M148.3 M
Pretty Stable
Total LiabilitiesB6.6 B5.2 B
Slightly volatile
Total Current Assets4.2 B5.6 B5.2 B
Slightly volatile
Short Term Debt121.9 M112.3 M168.5 M
Very volatile
Intangible Assets434.8 M564.3 M356.1 M
Slightly volatile
Property Plant And Equipment Gross987.5 M940.5 M375.7 M
Slightly volatile
Common Stock Total Equity1.2 M1.4 M1.2 M
Slightly volatile
Common Stock1.2 M1.4 M1.2 M
Slightly volatile
Other Liabilities512.4 M614.2 M545.8 M
Slightly volatile
Other Assets465.3 M621.6 M542.4 M
Slightly volatile
Long Term Debt794.6 M990.5 M710.1 M
Slightly volatile
Property Plant Equipment577.1 M549.6 M256.3 M
Slightly volatile
Current Deferred Revenue30.3 M31.9 M54.8 M
Slightly volatile
Good Will1.2 B1.6 B1.2 B
Slightly volatile
Net Tangible Assets1.6 B2.2 B1.9 B
Pretty Stable
Retained Earnings Total Equity2.6 B4.4 B2.5 B
Slightly volatile
Long Term Debt Total765.3 M1.1 B727.6 M
Slightly volatile
Capital Surpluse3.5 BB3.3 B
Slightly volatile
Non Current Liabilities Other655.2 M482.7 M599.6 M
Slightly volatile
Long Term Investments111.2 M88 M123.7 M
Slightly volatile
Short and Long Term Debt11.5 M12.1 M83.9 M
Pretty Stable
Cash And Equivalents936.4 M734.9 M748.1 M
Slightly volatile
Net Invested Capital2.9 B3.2 B3.6 B
Slightly volatile
Net Working Capital1.1 B772.4 M1.4 B
Pretty Stable
Capital Stock960 K1.1 M1.2 M
Slightly volatile
Capital Lease Obligations244.1 M323.2 M320 M
Slightly volatile

ManpowerGroup Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization89.3 M88.6 M92.9 M
Pretty Stable
Interest Expense78.9 M49.9 M53.1 M
Pretty Stable
Total Revenue15.8 B18.9 B18.9 B
Pretty Stable
Gross Profit2.8 B3.4 B3.2 B
Pretty Stable
Other Operating Expenses15.3 B18.6 B18.3 B
Pretty Stable
Operating Income407.4 M255.8 M537.5 M
Very volatile
EBIT428.5 M255.8 M545.6 M
Very volatile
EBITDA243 M255.8 M614.3 M
Pretty Stable
Cost Of Revenue13 B15.6 B15.7 B
Pretty Stable
Total Operating Expenses2.3 BB2.6 B
Pretty Stable
Income Tax Expense143.7 M117.1 M182.7 M
Very volatile
Selling General Administrative2.7 BB2.7 B
Slightly volatile
Net Income Applicable To Common Shares308.7 M429.9 M352.4 M
Pretty Stable
Selling And Marketing Expenses3.1 BB2.5 B
Slightly volatile
Minority Interest10.8 M11.3 M48.4 M
Slightly volatile
Tax Provision153.9 M129.2 M206.2 M
Slightly volatile
Interest Income23.2 M32.4 M23.8 M
Very volatile
Reconciled Depreciation64.8 M85 M81.5 M
Slightly volatile
Extraordinary Items2.7 M2.9 M57.1 M
Slightly volatile

ManpowerGroup Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow268 M270 M386.4 M
Slightly volatile
Begin Period Cash Flow536.8 M639 M715 M
Slightly volatile
Depreciation84.2 M88.6 M82.2 M
Very volatile
Other Non Cash Items54.7 M64 M45.4 M
Pretty Stable
Capital Expenditures69.7 M78.2 M59.6 M
Slightly volatile
Total Cash From Operating Activities337.7 M348.2 M446 M
Slightly volatile
End Period Cash Flow553.7 M581.3 M701.9 M
Slightly volatile
Stock Based Compensation22.9 M28.7 M32.4 M
Slightly volatile
Dividends Paid151.5 M144.3 M107.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.320.20920.2642
Pretty Stable
Dividend Yield0.03830.03650.0222
Slightly volatile
PTB Ratio1.691.78012.0597
Pretty Stable
Days Sales Outstanding61.2593.206382.6725
Slightly volatile
Book Value Per Share47.144.861437.8799
Slightly volatile
Free Cash Flow Yield0.04580.06820.0758
Slightly volatile
Operating Cash Flow Per Share3.566.9926.9347
Slightly volatile
Stock Based Compensation To Revenue0.00120.00150.0015
Pretty Stable
Capex To Depreciation1.020.88260.765
Pretty Stable
PB Ratio1.691.78012.0597
Pretty Stable
EV To Sales0.340.25390.2821
Pretty Stable
Free Cash Flow Per Share2.875.42176.0391
Slightly volatile
ROIC0.03250.03420.1189
Slightly volatile
Inventory Turnover88.5999.67109
Slightly volatile
Payables Turnover5.435.7139.4279
Slightly volatile
Sales General And Administrative To Revenue0.170.150.1376
Very volatile
Average Inventory0.40.450.49
Slightly volatile
Capex To Revenue0.00620.00410.0039
Pretty Stable
Cash Per Share12.2611.672711.1591
Slightly volatile
POCF Ratio11.9311.365913.5606
Slightly volatile
Interest Coverage3.053.209512.4767
Pretty Stable
Payout Ratio1.711.6250.7939
Slightly volatile
Capex To Operating Cash Flow0.210.22460.2145
Slightly volatile
PFCF Ratio13.9214.657858.2143
Slightly volatile
Days Payables Outstanding67.0863.889445.5254
Slightly volatile
EV To Operating Cash Flow14.4813.791814.4925
Slightly volatile
EV To Free Cash Flow33.3217.786362.3046
Slightly volatile
Intangibles To Total Assets0.140.24360.198
Pretty Stable
Current Ratio1.641.16091.3732
Pretty Stable
Tangible Book Value Per Share1.581.666712.1072
Slightly volatile
Receivables Turnover5.343.9164.4688
Slightly volatile
Graham Number31.7942.322159.0427
Pretty Stable
Shareholders Equity Per Share46.8844.644637.4923
Slightly volatile
Debt To Equity0.610.4510.419
Very volatile
Capex Per Share1.651.57030.9596
Slightly volatile
Average Receivables4.7 B4.8 B4.3 B
Slightly volatile
Revenue Per Share399380298
Slightly volatile
Interest Debt Per Share22.8221.732914.6575
Slightly volatile
Debt To Assets0.150.11350.1215
Pretty Stable
Enterprise Value Over EBITDA13.4812.83359.0496
Slightly volatile
Short Term Coverage Ratios30.2228.776912.8242
Slightly volatile
Operating Cycle61.3293.206382.6772
Slightly volatile
Price Book Value Ratio1.691.78012.0597
Pretty Stable
Days Of Payables Outstanding67.0863.889445.5254
Slightly volatile
Dividend Payout Ratio1.711.6250.7939
Slightly volatile
Price To Operating Cash Flows Ratio11.9311.365913.5606
Slightly volatile
Price To Free Cash Flows Ratio13.9214.657858.2143
Slightly volatile
Operating Profit Margin0.01970.01350.0287
Slightly volatile
Company Equity Multiplier3.923.97173.3131
Slightly volatile
Long Term Debt To Capitalization0.310.30820.2363
Slightly volatile
Total Debt To Capitalization0.350.31080.279
Pretty Stable
Return On Capital Employed0.06030.06350.1449
Slightly volatile
Debt Equity Ratio0.610.4510.419
Very volatile
Ebit Per Revenue0.01970.01350.0287
Slightly volatile
Quick Ratio1.641.16091.3732
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.981.56492.6859
Pretty Stable
Net Income Per E B T0.410.43130.6588
Slightly volatile
Cash Ratio0.140.12110.1726
Very volatile
Cash Conversion Cycle51.9629.316940.9998
Slightly volatile
Operating Cash Flow Sales Ratio0.01620.01840.0239
Slightly volatile
Days Of Sales Outstanding61.2593.206382.6725
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.460.77540.7635
Slightly volatile
Cash Flow Coverage Ratios0.380.34730.516
Pretty Stable
Price To Book Ratio1.691.78012.0597
Pretty Stable
Fixed Asset Turnover59.3934.775787.5776
Slightly volatile
Capital Expenditure Coverage Ratio4.214.45277.7237
Slightly volatile
Price Cash Flow Ratio11.9311.365913.5606
Slightly volatile
Enterprise Value Multiple13.4812.83359.0496
Slightly volatile
Debt Ratio0.150.11350.1215
Pretty Stable
Cash Flow To Debt Ratio0.380.34730.516
Pretty Stable
Price Sales Ratio0.320.20920.2642
Pretty Stable
Asset Turnover3.22.1422.5707
Slightly volatile
Gross Profit Margin0.20.17750.1752
Pretty Stable
Price Fair Value1.691.78012.0597
Pretty Stable

ManpowerGroup Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.1 B5.8 BB
Slightly volatile
Enterprise Value6.2 B5.9 B6.2 B
Slightly volatile

ManpowerGroup Fundamental Market Drivers

Forward Price Earnings12.2699
Cash And Short Term Investments581.3 M

ManpowerGroup Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ManpowerGroup Financial Statements

ManpowerGroup investors utilize fundamental indicators, such as revenue or net income, to predict how ManpowerGroup Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue31.9 M30.3 M
Total Revenue18.9 B15.8 B
Cost Of Revenue15.6 B13 B
Sales General And Administrative To Revenue 0.15  0.17 
Capex To Revenue 0.00  0.01 
Revenue Per Share 379.81  398.80 
Ebit Per Revenue 0.01  0.02 

Pair Trading with ManpowerGroup

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ManpowerGroup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ManpowerGroup will appreciate offsetting losses from the drop in the long position's value.

Moving together with ManpowerGroup Stock

  0.67MG Mistras GroupPairCorr

Moving against ManpowerGroup Stock

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  0.69PYCR Paycor HCMPairCorr
  0.69CTAS CintasPairCorr
The ability to find closely correlated positions to ManpowerGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ManpowerGroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ManpowerGroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ManpowerGroup to buy it.
The correlation of ManpowerGroup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ManpowerGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ManpowerGroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ManpowerGroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ManpowerGroup offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ManpowerGroup's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manpowergroup Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manpowergroup Stock:
Check out the analysis of ManpowerGroup Correlation against competitors.
To learn how to invest in ManpowerGroup Stock, please use our How to Invest in ManpowerGroup guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ManpowerGroup. If investors know ManpowerGroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ManpowerGroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
3.01
Earnings Share
0.87
Revenue Per Share
375.591
Quarterly Revenue Growth
(0.03)
The market value of ManpowerGroup is measured differently than its book value, which is the value of ManpowerGroup that is recorded on the company's balance sheet. Investors also form their own opinion of ManpowerGroup's value that differs from its market value or its book value, called intrinsic value, which is ManpowerGroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ManpowerGroup's market value can be influenced by many factors that don't directly affect ManpowerGroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ManpowerGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if ManpowerGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ManpowerGroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.