ManpowerGroup (NYSE:MAN) Announces Quarterly Earnings Results

ManpowerGroup (NYSE:MAN) released its quarterly earnings results on Thursday. The business services provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.09, FiscalAI reports. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.63 billion. During the same period in the previous year, the company posted $1.02 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis.

Here are the key takeaways from ManpowerGroup’s conference call:

• ManpowerGroup reported Q4 stabilization with $4.7B revenues (organic constant-currency growth of 2%), an adjusted EBITDA margin of 2.1%, and Q1 EPS guidance of $0.45–$0.55 with midpoint revenue growth of ~+1% CC.
• Management emphasized sustained cost discipline—SG&A fell ~4% CC in Q4 and structural actions drove Northern Europe to a positive operating profit for the first time in five quarters.
• The company is scaling its PowerSuite/AI capabilities (now across ~90% of the business) and commercialized tools like the AI Recruiter Toolkit (in >12 markets), which management says raised placement rates by 7% and supports the path back toward a 4.5%–5% EBITDA margin over time.
• Demand headwinds remain in higher‑margin areas—Experis fell ~6% and Talent Solutions ~4% in Q4, permanent recruitment is soft, and full‑year adjusted EPS declined ~38% YoY to $2.97, pressuring gross margin.
• Balance sheet and tax pressures: FY free cash flow was an outflow of $161M (despite a strong Q4), net debt stood at ~$806M (gross debt/EBITDA ~2.7x), and 2026 guidance assumes a material tax rate of ~45% (WOTC not assumed), all of which could weigh on near‑term EPS.

ManpowerGroup Trading Up 12.1%

Shares of NYSE:MAN traded up $3.51 during trading hours on Thursday, hitting $32.47. 800,711 shares of the company’s stock traded hands, compared to its average volume of 917,714. The firm has a market capitalization of $1.50 billion, a P/E ratio of -68.18 and a beta of 0.88. The business has a fifty day moving average price of $29.43 and a 200-day moving average price of $34.91. ManpowerGroup has a 1 year low of $26.14 and a 1 year high of $63.35. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 1.00.

ManpowerGroup Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.72 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 505.0%. ManpowerGroup’s dividend payout ratio (DPR) is presently -306.38%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MAN. BMO Capital Markets upgraded shares of ManpowerGroup from a “market perform” rating to an “outperform” rating and set a $44.00 target price on the stock in a research note on Thursday, December 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research note on Monday, December 29th. UBS Group lowered their price target on shares of ManpowerGroup from $39.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday, January 16th. Barclays dropped their target price on shares of ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, October 17th. Finally, The Goldman Sachs Group lowered their price objective on ManpowerGroup from $33.00 to $29.00 and set a “sell” rating on the stock in a research report on Friday, November 21st. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $38.83.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MAN. AQR Capital Management LLC grew its stake in ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock worth $140,394,000 after acquiring an additional 1,393,622 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in ManpowerGroup by 696.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock worth $40,039,000 after purchasing an additional 866,693 shares during the period. Millennium Management LLC lifted its holdings in shares of ManpowerGroup by 200.3% in the 3rd quarter. Millennium Management LLC now owns 860,801 shares of the business services provider’s stock worth $32,624,000 after buying an additional 574,110 shares during the period. First Trust Advisors LP lifted its holdings in shares of ManpowerGroup by 101.0% in the 3rd quarter. First Trust Advisors LP now owns 494,309 shares of the business services provider’s stock worth $18,734,000 after buying an additional 248,354 shares during the period. Finally, Two Sigma Investments LP grew its position in shares of ManpowerGroup by 99.6% during the 3rd quarter. Two Sigma Investments LP now owns 421,674 shares of the business services provider’s stock worth $15,981,000 after buying an additional 210,459 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.