ManpowerGroup (NYSE:MAN) Releases Earnings Results, Beats Estimates By $0.09 EPS

ManpowerGroup (NYSE:MAN) issued its earnings results on Thursday. The business services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.83 by $0.09, FiscalAI reports. ManpowerGroup had a positive return on equity of 6.81% and a negative net margin of 0.07%.The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.63 billion. During the same period last year, the business earned $1.02 earnings per share. ManpowerGroup’s quarterly revenue was up 6.8% compared to the same quarter last year.

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 Stock Performance

ManpowerGroup stock opened at $36.22 on Friday. The business has a 50 day moving average of $29.72 and a 200-day moving average of $34.85. ManpowerGroup has a 1 year low of $26.14 and a 1 year high of $63.35. The company has a market capitalization of $1.68 billion, a P/E ratio of -120.74 and a beta of 0.88. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.11 and a quick ratio of 1.00.

ManpowerGroup Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have commented on MAN shares. Truist Financial reduced their price target on shares of ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a report on Monday, December 29th. Barclays reduced their price objective on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Friday, October 17th. JPMorgan Chase & Co. lowered their target price on ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating for the company in a research note on Monday, October 20th. Finally, UBS Group set a $35.00 price target on shares of ManpowerGroup in a research report on Friday. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, ManpowerGroup currently has a consensus rating of “Reduce” and a consensus price target of $40.86.

ManpowerGroup News Roundup

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: Q4 beat on both EPS and revenue — ManpowerGroup reported $0.92 EPS vs. $0.83 expected and $4.71B revenue vs. $4.63B expected; revenue rose ~7% YoY and operating profit improved, which is driving the rally. ManpowerGroup Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Regional stabilization and pockets of strength — management cited sequential improvement in France, market-leading growth in Italy and continued strong demand in Latin America & Asia Pacific, suggesting recovery beyond the trough. ManpowerGroup Reports 4th Quarter 2025 Results
• Positive Sentiment: Cost actions and cash flow support margin recovery — SG&A reductions, additional restructuring and strong operating cash flow were highlighted as helping sequential margin improvement. Q4 Results (press release)
• Neutral Sentiment: Q1 guidance is conservative/inline — ManpowerGroup set Q1 2026 EPS guidance of $0.45–$0.55 vs. a consensus of $0.48, a range that overlaps estimates but signals caution into the first quarter.
• Neutral Sentiment: Analyst views mixed — recent coverage notes conflicting analyst sentiment across industrial/service names, which can produce volatile reactions as investors parse differing forecasts. Analysts Have Conflicting Sentiments
• Negative Sentiment: EPS still down YoY and margins pressured — Q4 EPS of $0.92 compares to $1.02 a year ago and the company reported a small negative net margin (-0.12%), leaving questions about sustainable profitability. Earnings Snapshot / Transcript
• Negative Sentiment: Hiring remains cautious — management said hiring shows signs of improvement but caution persists, which could limit upside if demand recovery stalls. ManpowerGroup Sees Hiring Past the Trough

Institutional Trading of ManpowerGroup

Hedge funds have recently modified their holdings of the stock. Treasurer of the State of North Carolina increased its stake in ManpowerGroup by 1.4% in the second quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock valued at $869,000 after purchasing an additional 296 shares in the last quarter. Cetera Investment Advisers increased its position in ManpowerGroup by 3.6% in the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock valued at $408,000 after buying an additional 348 shares in the last quarter. Empowered Funds LLC raised its stake in ManpowerGroup by 3.2% during the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after buying an additional 414 shares during the period. State of Wyoming boosted its holdings in ManpowerGroup by 7.6% in the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock worth $250,000 after acquiring an additional 440 shares in the last quarter. Finally, Quarry LP acquired a new stake in ManpowerGroup in the third quarter valued at approximately $25,000. Institutional investors own 98.03% of the company’s stock.

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.