MANPOWERGROUP INC (MAN) Stock Fundamental Analysis

NYSE:MAN • US56418H1005

30.075 USD
+1.72 (+6.05%)
Last: Feb 18, 2026, 11:09 AM
Fundamental Rating

4

Overall MAN gets a fundamental rating of 4 out of 10. We evaluated MAN against 88 industry peers in the Professional Services industry. MAN has a bad profitability rating. Also its financial health evaluation is rather negative. MAN may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • MAN had positive earnings in the past year.
  • In the past year MAN has reported a negative cash flow from operations.
  • MAN had positive earnings in 4 of the past 5 years.
  • Of the past 5 years MAN 4 years had a positive operating cash flow.
MAN Yearly Net Income VS EBIT VS OCF VS FCFMAN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

1.2 Ratios

  • MAN has a Return On Assets of -0.15%. This is comparable to the rest of the industry: MAN outperforms 43.18% of its industry peers.
  • MAN has a Return On Equity (-0.65%) which is in line with its industry peers.
  • The Return On Invested Capital of MAN (5.84%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for MAN is significantly below the industry average of 12.55%.
Industry RankSector Rank
ROA -0.15%
ROE -0.65%
ROIC 5.84%
ROA(3y)0.88%
ROA(5y)2.12%
ROE(3y)3.39%
ROE(5y)8.12%
ROIC(3y)7.07%
ROIC(5y)9.1%
MAN Yearly ROA, ROE, ROICMAN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • With a Operating Margin value of 1.62%, MAN perfoms like the industry average, outperforming 40.91% of the companies in the same industry.
  • MAN's Operating Margin has declined in the last couple of years.
  • The Gross Margin of MAN (16.69%) is worse than 77.27% of its industry peers.
  • In the last couple of years the Gross Margin of MAN has remained more or less at the same level.
Industry RankSector Rank
OM 1.62%
PM (TTM) N/A
GM 16.69%
OM growth 3Y-26.2%
OM growth 5Y-8.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.51%
GM growth 5Y1.24%
MAN Yearly Profit, Operating, Gross MarginsMAN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAN is destroying value.
  • Compared to 1 year ago, MAN has less shares outstanding
  • MAN has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, MAN has a worse debt to assets ratio.
MAN Yearly Shares OutstandingMAN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MAN Yearly Total Debt VS Total AssetsMAN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 2.82 indicates that MAN is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MAN has a Altman-Z score of 2.82. This is comparable to the rest of the industry: MAN outperforms 56.82% of its industry peers.
  • MAN has a Debt/Equity ratio of 0.51. This is a neutral value indicating MAN is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.51, MAN perfoms like the industry average, outperforming 43.18% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF N/A
Altman-Z 2.82
ROIC/WACC0.79
WACC7.42%
MAN Yearly LT Debt VS Equity VS FCFMAN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • MAN has a Current Ratio of 1.11. This is a normal value and indicates that MAN is financially healthy and should not expect problems in meeting its short term obligations.
  • MAN has a Current ratio of 1.11. This is in the lower half of the industry: MAN underperforms 69.32% of its industry peers.
  • A Quick Ratio of 1.11 indicates that MAN should not have too much problems paying its short term obligations.
  • MAN's Quick ratio of 1.11 is on the low side compared to the rest of the industry. MAN is outperformed by 69.32% of its industry peers.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.11
MAN Yearly Current Assets VS Current LiabilitesMAN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

4

3. Growth

3.1 Past

  • MAN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.73%.
  • The Earnings Per Share has been decreasing by -4.20% on average over the past years.
  • Looking at the last year, MAN shows a small growth in Revenue. The Revenue has grown by 0.58% in the last year.
  • Measured over the past years, MAN shows a decrease in Revenue. The Revenue has been decreasing by -0.05% on average per year.
EPS 1Y (TTM)-34.73%
EPS 3Y-29.57%
EPS 5Y-4.2%
EPS Q2Q%-9.8%
Revenue 1Y (TTM)0.58%
Revenue growth 3Y-3.25%
Revenue growth 5Y-0.05%
Sales Q2Q%7.12%

3.2 Future

  • The Earnings Per Share is expected to grow by 39.83% on average over the next years. This is a very strong growth
  • MAN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.13% yearly.
EPS Next Y27.01%
EPS Next 2Y30.28%
EPS Next 3Y21.16%
EPS Next 5Y39.83%
Revenue Next Year4.72%
Revenue Next 2Y4.12%
Revenue Next 3Y3.2%
Revenue Next 5Y3.13%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MAN Yearly Revenue VS EstimatesMAN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
MAN Yearly EPS VS EstimatesMAN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 10.13 indicates a reasonable valuation of MAN.
  • Compared to the rest of the industry, the Price/Earnings ratio of MAN indicates a rather cheap valuation: MAN is cheaper than 82.95% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.16, MAN is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 7.97, the valuation of MAN can be described as very cheap.
  • MAN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MAN is cheaper than 88.64% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.10. MAN is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.13
Fwd PE 7.97
MAN Price Earnings VS Forward Price EarningsMAN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MAN indicates a rather cheap valuation: MAN is cheaper than 89.77% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.63
MAN Per share dataMAN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MAN's earnings are expected to grow with 21.16% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y30.28%
EPS Next 3Y21.16%

6

5. Dividend

5.1 Amount

  • MAN has a Yearly Dividend Yield of 4.93%, which is a nice return.
  • Compared to an average industry Dividend Yield of 1.59, MAN pays a better dividend. On top of this MAN pays more dividend than 92.05% of the companies listed in the same industry.
  • MAN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.93%

5.2 History

  • The dividend of MAN decreases each year by -8.69%.
  • MAN has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MAN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-8.69%
Div Incr Years14
Div Non Decr Years30
MAN Yearly Dividends per shareMAN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • MAN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-501.5%
EPS Next 2Y30.28%
EPS Next 3Y21.16%
MAN Yearly Income VS Free CF VS DividendMAN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

MANPOWERGROUP INC

NYSE:MAN (2/18/2026, 11:09:51 AM)

30.075

+1.72 (+6.05%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)01-29
Earnings (Next)04-15
Inst Owners111.64%
Inst Owner Change-2.32%
Ins Owners1.53%
Ins Owner Change6.18%
Market Cap1.39B
Revenue(TTM)17.96B
Net Income(TTM)-13.30M
Analysts68.75
Price Target41.44 (37.79%)
Short Float %13.25%
Short Ratio5.2
Dividend
Industry RankSector Rank
Dividend Yield 4.93%
Yearly Dividend1.43
Dividend Growth(5Y)-8.69%
DP-501.5%
Div Incr Years14
Div Non Decr Years30
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.23%
Min EPS beat(2)1.14%
Max EPS beat(2)11.32%
EPS beat(4)3
Avg EPS beat(4)3.23%
Min EPS beat(4)-12.39%
Max EPS beat(4)12.86%
EPS beat(8)6
Avg EPS beat(8)2.23%
EPS beat(12)8
Avg EPS beat(12)2.82%
EPS beat(16)10
Avg EPS beat(16)3.05%
Revenue beat(2)1
Avg Revenue beat(2)0.25%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)0.75%
Revenue beat(4)3
Avg Revenue beat(4)1.32%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)2.55%
Revenue beat(8)3
Avg Revenue beat(8)0.08%
Revenue beat(12)4
Avg Revenue beat(12)-0.26%
Revenue beat(16)6
Avg Revenue beat(16)-0.7%
PT rev (1m)-3.27%
PT rev (3m)-4.29%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)-0.98%
EPS NY rev (1m)-0.76%
EPS NY rev (3m)-0.76%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)1.2%
Revenue NY rev (1m)1.07%
Revenue NY rev (3m)1.07%
Valuation
Industry RankSector Rank
PE 10.13
Fwd PE 7.97
P/S 0.08
P/FCF N/A
P/OCF N/A
P/B 0.68
P/tB 16.4
EV/EBITDA 5.63
EPS(TTM)2.97
EY9.88%
EPS(NY)3.77
Fwd EY12.54%
FCF(TTM)-3.49
FCFYN/A
OCF(TTM)-2.25
OCFYN/A
SpS387.84
BVpS44.48
TBVpS1.83
PEG (NY)0.37
PEG (5Y)N/A
Graham Number54.52
Profitability
Industry RankSector Rank
ROA -0.15%
ROE -0.65%
ROCE 7.4%
ROIC 5.84%
ROICexc 7.51%
ROICexgc 21.23%
OM 1.62%
PM (TTM) N/A
GM 16.69%
FCFM N/A
ROA(3y)0.88%
ROA(5y)2.12%
ROE(3y)3.39%
ROE(5y)8.12%
ROIC(3y)7.07%
ROIC(5y)9.1%
ROICexc(3y)8.41%
ROICexc(5y)10.97%
ROICexgc(3y)22.4%
ROICexgc(5y)31.47%
ROCE(3y)8.97%
ROCE(5y)11.56%
ROICexgc growth 3Y-21.73%
ROICexgc growth 5Y-0.69%
ROICexc growth 3Y-24.58%
ROICexc growth 5Y-8.19%
OM growth 3Y-26.2%
OM growth 5Y-8.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.51%
GM growth 5Y1.24%
F-Score1
Asset Turnover1.96
Health
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF N/A
Debt/EBITDA 2.8
Cap/Depr 66.63%
Cap/Sales 0.32%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.11
Quick Ratio 1.11
Altman-Z 2.82
F-Score1
WACC7.42%
ROIC/WACC0.79
Cap/Depr(3y)71.3%
Cap/Depr(5y)78.14%
Cap/Sales(3y)0.34%
Cap/Sales(5y)0.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.73%
EPS 3Y-29.57%
EPS 5Y-4.2%
EPS Q2Q%-9.8%
EPS Next Y27.01%
EPS Next 2Y30.28%
EPS Next 3Y21.16%
EPS Next 5Y39.83%
Revenue 1Y (TTM)0.58%
Revenue growth 3Y-3.25%
Revenue growth 5Y-0.05%
Sales Q2Q%7.12%
Revenue Next Year4.72%
Revenue Next 2Y4.12%
Revenue Next 3Y3.2%
Revenue Next 5Y3.13%
EBIT growth 1Y-5.1%
EBIT growth 3Y-28.6%
EBIT growth 5Y-8.43%
EBIT Next Year72.47%
EBIT Next 3Y53.58%
EBIT Next 5Y31.28%
FCF growth 1Y-162.53%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-133.67%
OCF growth 3YN/A
OCF growth 5YN/A

MANPOWERGROUP INC / MAN FAQ

What is the ChartMill fundamental rating of MANPOWERGROUP INC (MAN) stock?

ChartMill assigns a fundamental rating of 4 / 10 to MAN.


What is the valuation status of MANPOWERGROUP INC (MAN) stock?

ChartMill assigns a valuation rating of 7 / 10 to MANPOWERGROUP INC (MAN). This can be considered as Undervalued.


How profitable is MANPOWERGROUP INC (MAN) stock?

MANPOWERGROUP INC (MAN) has a profitability rating of 3 / 10.


What is the earnings growth outlook for MANPOWERGROUP INC?

The Earnings per Share (EPS) of MANPOWERGROUP INC (MAN) is expected to grow by 27.01% in the next year.


Can you provide the dividend sustainability for MAN stock?

The dividend rating of MANPOWERGROUP INC (MAN) is 6 / 10 and the dividend payout ratio is -501.5%.