Growth Metrics

ManpowerGroup (MAN) Debt to Equity (2009 - 2026)

ManpowerGroup's quarterly Debt to Equity came in at $0.56 in Q1 2026, up 9.04% year-on-year from $0.51 in Q1 2025, and down 31.78% quarter-over-quarter from $0.81 in Q4 2025.

ManpowerGroup has reported Debt to Equity for 18 years, with the latest figure at $0.56 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 9.04% year-over-year to $0.56; the trailing twelve-month figure through Mar 2026 stood at $0.56 (up 9.04% YoY), and the FY2025 full-year result was $0.81, up 85.8% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.56, down from $0.81 in the prior quarter.
  • The five-year high for Debt to Equity was $0.81 in Q4 2025, with the low at $0.37 in Q3 2022.
  • Average Debt to Equity over 5 years is $0.49, with a median of $0.45 recorded in 2024.
  • Year-over-year, Debt to Equity retreated 29.8% in 2023 and surged 85.8% in 2025.
  • Tracing MAN's Debt to Equity over 5 years: stood at $0.39 in 2022, then gained by 13.29% to $0.44 in 2023, then retreated by 1.49% to $0.44 in 2024, then surged by 85.8% to $0.81 in 2025, then sank by 31.78% to $0.56 in 2026.
  • The last three Debt to Equity figures came in at $0.56 (Q1 2026), $0.81 (Q4 2025), and $0.6 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn 0.20
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn -
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn 10.80
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn 0.56
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn 5.51
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn -
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn 0.78
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn -
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn 0.29
10 HireQuest 182.43 Mn 181.41 Mn - -

Historic Data

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DateValue
Mar 31, 2026 0.56
Dec 31, 2025 0.81
Sep 30, 2025 0.60
Jun 30, 2025 0.64
Mar 31, 2025 0.51
Dec 31, 2024 0.44
Sep 30, 2024 0.47
Jun 30, 2024 0.51
Mar 31, 2024 0.45
Dec 31, 2023 0.44
Sep 30, 2023 0.40
Jun 30, 2023 0.41
Mar 31, 2023 0.39
Dec 31, 2022 0.39
Sep 30, 2022 0.37
Jun 30, 2022 0.58
Mar 31, 2022 0.42
Dec 31, 2021 0.44
Sep 30, 2021 0.43
Jun 30, 2021 0.46
Mar 31, 2021 0.46
Dec 31, 2020 0.46
Sep 30, 2020 0.42
Jun 30, 2020 0.41
Mar 31, 2020 0.40
Dec 31, 2019 0.39
Sep 30, 2019 0.38
Jun 30, 2019 0.40
Mar 31, 2019 0.40
Dec 31, 2018 0.40
Sep 30, 2018 0.38
Jun 30, 2018 0.38
Mar 31, 2018 0.33
Dec 31, 2017 0.33
Sep 30, 2017 0.34
Jun 30, 2017 0.34
Mar 31, 2017 0.34
Dec 31, 2016 0.34
Sep 30, 2016 0.37
Jun 30, 2016 0.34
Mar 31, 2016 0.34
Dec 31, 2015 0.32
Sep 30, 2015 0.33
Jun 30, 2015 0.15
Mar 31, 2015 0.15
Dec 31, 2014 0.16
Sep 30, 2014 0.16
Jun 30, 2014 0.17
Mar 31, 2014 0.18
Dec 31, 2013 0.18
Sep 30, 2013 0.18
Jun 30, 2013 0.21
Mar 31, 2013 0.30
Dec 31, 2012 0.31
Sep 30, 2012 0.29
Jun 30, 2012 0.30
Mar 31, 2012 0.28
Dec 31, 2011 0.28
Sep 30, 2011 0.28
Jun 30, 2011 0.30
Mar 31, 2011 0.30
Dec 31, 2010 0.28
Sep 30, 2010 0.26
Jun 30, 2010 0.25
Dec 31, 2009 0.30