ManpowerGroup (MAN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

ManpowerGroup

NYSE•Industrials•Staffing & Employment Services

$57.93-0.52(-0.01%)After hours

Market Cap

$2.70B

P/E

26.0x

P/S

0.1x

P/B

1.3x

ManpowerGroup Inc. provides workforce solutions and services under the Manpower, the Experis, and the Talent Solutions brands in the Americas, Southern Europe, Northern Europe, and the Asia Pacific/the Middle East. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative, industrial, and information technology professional positions; assessment, upskilling, reskilling, training and development, career management, and workforce consulting services; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. It also offers contingent staffing and permanent recruitment services; information technology professional resourcing and project services; and recruitment process outsourcing solutions; and right management services, as well as TAPFIN, a managed service provider solution. ManpowerGroup Inc. was incorporated in 1948 and is headquartered in Milwaukee, Wisconsin.

How this company scores

GoodMetricSide Score: 66/100

Strongest: Growth (20/25); weakest: Profitability (12/25).

Profitability12/25

Growth20/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality19/25

Strengths

Rising earningsLow leverageCash-backed earningsImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.0x5y range 7.7x – 91.9x

Currently above its 16-quarter median.

P/S · 0.1x5y range 0.1x – 0.3x

Currently near its 20-quarter median.

P/B · 1.3x5y range 0.7x – 2.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $2.70B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $18.72B
Q. Revenue: $4.86B
TTM EBITDA: $371.80M
TTM Op. Income: $287.50M
Q. Op. Income: $112.00M
TTM Net Income: $104.20M
Q. Net Income: $53.50M
EPS: $1.14
Shares Out.: $46.90M

$18.72B in TTM revenue grew 6.7% YoY, reaching $4.86B last quarter. TTM EBITDA of $371.80M and TTM operating income of $287.50M show growth is flowing through to the bottom line. TTM net income of $104.20M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 16.1%
EBITDA Margin: 2.7%
Op. Margin: 2.3%
Net Margin: 1.1%

Op. margin of 2.3% is up 2.9% YoY — cost efficiency is improving. Net margin at 1.1% and gross margin of 16.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 512% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.0x
P/S Ratio: 0.1x
P/B Ratio: 1.3x

At 26.0x P/E, the stock trades within typical market levels. P/S of 0.1x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 4 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $8.37B
Cash: $180.60M
Long-Term Debt: $567.30M
Book Value: $2.11B
D/E Ratio: 0.3
Debt/EBITDA: 4.2

With $8.37B in assets and $567.30M in long-term debt, D/E is 0.3and book value is $2.11B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-2.70M
TTM Free Cash Flow: $68.90M
FCF Margin: 0.4%
FCF / Net Income: 0.7

TTM FCF of $68.90M on $-2.70M in operating cash flow. The FCF / Net Income ratio of 0.7x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.