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

ManpowerGroup (MAN) recorded quarterly Debt to Equity of $0.56 in Q1 2026, down 31.78% quarter-over-quarter from $0.81 in Q4 2025, and up 9.04% on a YoY basis from $0.51 in Q1 2025.

ManpowerGroup (MAN) Debt to Equity (2009 - 2026) Analysis & Trends

ManpowerGroup's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.56 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 9.04% year-over-year to $0.56; the TTM figure through Mar 2026 stood at $0.56 (up 9.04% YoY), while the FY2025 annual figure was $0.81, up 85.8% from the prior year.
  • Debt to Equity was $0.56 for Q1 2026 at ManpowerGroup, down from $0.81 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.81 in Q4 2025 to a low of $0.37 in Q3 2022.
  • Historically, Debt to Equity has averaged $0.49 across 5 years, with a median of $0.45 in 2024.
  • The sharpest annual moves came in 2023 and 2025: Debt to Equity declined 29.8% in 2023, then soared 85.8% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.39 in 2022, then rose by 13.29% to $0.44 in 2023, then fell by 1.49% to $0.44 in 2024, then jumped by 85.8% to $0.81 in 2025, then slumped 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 3.69 Bn 2.72 Bn 724.93 Mn 0.20
2 Robert Half 3.13 Bn 2.85 Bn 479.91 Mn -
3 Trinet 2.12 Bn 660.05 Mn 1.16 Bn 10.80
4 ManpowerGroup 1.56 Bn 1.34 Bn 723.00 Mn 0.56
5 Insperity 1.38 Bn 825.54 Mn 302.00 Mn 5.51
6 Barrett Business Services 828.03 Mn 736.15 Mn 43.19 Mn -
7 Kforce 777.11 Mn 775.77 Mn 90.07 Mn 0.78
8 Kelly Services 391.13 Mn 365.53 Mn 196.40 Mn -
9 TrueBlue 205.89 Mn 181.76 Mn 79.02 Mn 0.29
10 HireQuest 172.03 Mn 171.01 Mn - -

Historic Data

Download Data
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