$MAN
ManpowerGroup Inc.
CIK:0000871763|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|||||||
| Income Statement [Abstract] | ||||||||||
| Revenues from services | $ 4,860.2 | $ 4,519.3 | $ 9,370.6 | $ 8,609.6 | ||||||
| Cost of services | 4,079.9 | 3,755.6 | 7,867.3 | 7,147.6 | ||||||
| Gross profit | 780.3 | 763.7 | 1,503.3 | 1,462.0 | ||||||
| Selling and administrative expenses, excluding impairment charges | 668.3 | 700.3 | 1,363.0 | 1,370.4 | ||||||
| Impairment charges | 0.0 | 88.7 | [1] | 0.0 | 88.7 | [2] | ||||
| Selling and administrative expenses | 668.3 | 789.0 | 1,363.0 | 1,459.1 | ||||||
| Operating profit (loss) | 112.0 | (25.3) | 140.3 | 2.9 | ||||||
| Interest and other expenses, net | 19.6 | 16.5 | 32.5 | 28.0 | ||||||
| Earnings (loss) before income taxes | 92.4 | (41.8) | 107.8 | (25.1) | ||||||
| Provision for income taxes | 38.9 | 25.3 | 51.8 | 36.4 | ||||||
| Net earnings (loss) | $ 53.5 | $ (67.1) | $ 56.0 | $ (61.5) | ||||||
| Net earnings (loss) per share - basic | $ 1.14 | $ (1.44) | $ 1.2 | $ (1.32) | ||||||
| Net earnings (loss) per share - diluted | $ 1.13 | $ (1.44) | $ 1.19 | $ (1.32) | ||||||
| Weighted average shares - basic | 46.9 | 46.5 | 46.8 | 46.7 | ||||||
| Weighted average shares - diluted | 47.4 | 46.5 | 47.2 | 46.7 | ||||||
| ||||||||||
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
||
|---|---|---|---|---|
| Statement of Financial Position [Abstract] | ||||
| Cash and cash equivalents | $ 180.6 | $ 871.0 | ||
| Accounts receivable, less allowance for expected credit losses of $76.3 and $74.1, respectively | 4,733.8 | 4,770.3 | ||
| Prepaid expenses and other assets | 217.0 | 149.1 | ||
| Total current assets | 5,131.4 | 5,790.4 | ||
| Other Assets: | ||||
| Goodwill | [1] | 1,483.4 | 1,544.6 | |
| Intangible assets, less accumulated amortization of $588.8 and $579.1, respectively | 415.7 | 430.1 | ||
| Operating lease right-of-use assets | 360.8 | 392.7 | ||
| Other assets | 868.5 | 879.1 | ||
| Total other assets | 3,128.4 | 3,246.5 | ||
| Property and Equipment: | ||||
| Land, buildings, leasehold improvements and equipment | 522.0 | 526.9 | ||
| Less: accumulated depreciation and amortization | 406.9 | 403.7 | ||
| Net property and equipment | 115.1 | 123.2 | ||
| Total assets | 8,374.9 | 9,160.1 | ||
| Current Liabilities: | ||||
| Accounts payable | 2,593.7 | 2,721.1 | ||
| Employee compensation payable | 216.3 | 232.3 | ||
| Accrued payroll taxes and insurance | 668.8 | 672.1 | ||
| Accrued liabilities | 452.1 | 457.6 | ||
| Value added taxes payable | 410.1 | 418.1 | ||
| Short-term operating lease liability | 102.2 | 107.4 | ||
| Short-term borrowings and current maturities of long-term debt | 476.2 | 625.0 | ||
| Total current liabilities | 4,919.4 | 5,233.6 | ||
| Other Liabilities: | ||||
| Long-term debt | 567.3 | 1,052.1 | ||
| Long-term operating lease liability | 274.3 | 304.3 | ||
| Other long-term liabilities | 507.5 | 509.8 | ||
| Total other liabilities | 1,349.1 | 1,866.2 | ||
| Shareholders' Equity: | ||||
| Preferred stock, $.01 par value, authorized 25,000,000 shares, none issued | 0.0 | 0.0 | ||
| Common stock, $.01 par value, authorized 125,000,000 shares, issued 119,444,600 and 119,161,780 shares, respectively | 1.2 | 1.2 | ||
| Capital in excess of par value | 3,585.8 | 3,572.5 | ||
| Retained earnings | 3,754.8 | 3,732.3 | ||
| Accumulated other comprehensive loss | (399.1) | (412.1) | ||
| Treasury stock at cost, 72,939,030 and 72,864,513 shares, respectively | (4,836.4) | (4,834.3) | ||
| Total ManpowerGroup shareholders’ equity | 2,106.3 | 2,059.6 | ||
| Noncontrolling interests | 0.1 | 0.7 | ||
| Total shareholders’ equity | 2,106.4 | 2,060.3 | ||
| Total liabilities and shareholders’ equity | $ 8,374.9 | $ 9,160.1 | ||
| ||||