ManpowerGroup (NYSE:MAN) Issues Earnings Results

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

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%

ManpowerGroup stock traded up $3.51 during trading on Thursday, reaching $32.47. 800,711 shares of the company were exchanged, compared to its average volume of 917,714. ManpowerGroup has a 52-week low of $26.14 and a 52-week high of $63.35. The company has a market capitalization of $1.50 billion, a P/E ratio of -68.18 and a beta of 0.88. The stock’s 50 day simple moving average is $29.43 and its two-hundred day simple moving average is $34.91. 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 Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a dividend yield of 505.0%. ManpowerGroup’s dividend payout ratio is presently -306.38%.

Institutional Investors Weigh In On ManpowerGroup

Large investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its position in ManpowerGroup by 60.3% during the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock worth $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of 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 valued at $40,039,000 after acquiring an additional 866,693 shares in the last quarter. Millennium Management LLC boosted its stake in shares of ManpowerGroup by 200.3% in the third quarter. Millennium Management LLC now owns 860,801 shares of the business services provider’s stock valued at $32,624,000 after purchasing an additional 574,110 shares during the period. First Trust Advisors LP grew its holdings in ManpowerGroup by 101.0% during the 3rd quarter. First Trust Advisors LP now owns 494,309 shares of the business services provider’s stock worth $18,734,000 after acquiring an additional 248,354 shares in the last quarter. Finally, Quantinno Capital Management LP increased its holdings in shares of ManpowerGroup by 272.8% in the 2nd quarter. Quantinno Capital Management LP now owns 322,479 shares of the business services provider’s stock valued at $13,028,000 after acquiring an additional 235,987 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. BMO Capital Markets raised ManpowerGroup from a “market perform” rating to an “outperform” rating and set a $44.00 price objective on the stock in a research report on Thursday, December 18th. UBS Group decreased their target price on shares of ManpowerGroup from $39.00 to $32.00 and set a “neutral” rating for the company in a research report on Friday, January 16th. Barclays reduced their price target on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Friday, October 17th. JPMorgan Chase & Co. reduced their target price on ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating on the stock in a research report on Monday, October 20th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, ManpowerGroup presently has an average rating of “Reduce” and a consensus target price of $38.83.

About ManpowerGroup

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.