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Home›MAN›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

ManpowerGroup Inc. (MAN) financials

Income statement

ManpowerGroup Inc. (MAN) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$19.7B$21.0B$22.0B$20.9B$18.0B$20.7B$19.8B$18.9B$17.9B$18.0B
Revenue growth—7.0%4.5%-5.1%-13.7%15.1%-4.3%-4.6%-5.6%0.6%
Gross profit$3.33B$3.48B$3.58B$3.38B$2.82B$3.41B$3.57B$3.36B$3.09B$3.00B
Gross margin17.0%16.6%16.3%16.2%15.7%16.4%18.0%17.8%17.3%16.7%
Operating income$746M$789M$797M$645M$188M$585M$582M$256M$306M$150M
Operating margin3.8%3.8%3.6%3.1%1.0%2.8%2.9%1.4%1.7%0.8%
Net income$444M$545M$557M$466M$23.8M$382M$374M$88.8M$145M-$13.3M
Net margin2.3%2.6%2.5%2.2%0.1%1.8%1.9%0.5%0.8%-0.1%
EPS (diluted)$6.27$8.04$8.56$7.72$0.41$6.91$7.08$1.76$3.01-$0.29

Cash flow

ManpowerGroup Inc. (MAN) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$600M$401M$483M$814M$936M$645M$423M$348M$309M-$104M
Capital expenditures$56.9M$54.7M$64.7M$52.9M$50.7M$64.2M$75.6M$78.2M$51.1M$57.3M
Free cash flow$543M$346M$418M$762M$886M$581M$348M$270M$258M-$161M
Share buybacks$482M$204M$501M$203M$265M$210M$270M$180M$140M$38.2M
Dividends paid$118M$124M$127M$129M$129M$137M$140M$144M$146M$66.7M

Balance sheet

ManpowerGroup Inc. (MAN) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$599M$689M$592M$1.03B$1.57B$848M$639M$581M$509M$871M
Total assets$7.57B$8.88B$8.52B$9.22B$9.33B$9.83B$9.13B$8.83B$8.20B$9.16B
Long-term debt$786M$478M$1.03B$1.01B$1.10B$566M$960M$991M$929M$1.05B
Shareholders' equity$2.36B$2.77B$2.62B$2.74B$2.44B$2.52B$2.45B$2.22B$2.13B$2.06B
Retained earnings$2.29B$2.71B$3.16B$3.49B$3.39B$3.63B$3.87B$3.81B$3.81B$3.73B
Shares (wtd avg diluted)70.8M67.9M65.1M60.3M58.3M55.4M52.8M50.4M48.3M46.6M

Every figure is extracted from ManpowerGroup Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is ManpowerGroup Inc.'s annual revenue?
ManpowerGroup Inc. (MAN) reported $18.0B of revenue for fiscal year 2025 — up 0.6% from $17.9B in FY2024, per its annual report filed with the SEC.
Is ManpowerGroup Inc. profitable?
Not in FY2025 — MAN reported a net loss of $13.3M, per SEC filings.
What is ManpowerGroup Inc.'s free cash flow?
-$161M in FY2025 (operating cash flow -$104M minus $57.3M of capital expenditures), from the SEC cash-flow statement.
Does MAN pay a dividend?
Yes — ManpowerGroup Inc. paid $66.7M in cash dividends during FY2025, per its SEC cash-flow statement.
Full MAN analysis — verdict, score & filings →Is MAN a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.