ManpowerGroup (MAN) Free Cash Flow (2009 - 2026)
ManpowerGroup (MAN) recorded quarterly Free Cash Flow of -$135.3 million in Q1 2026, down 180.54% quarter-over-quarter from $168.0 million in Q4 2025, and up 18.93% on a YoY basis from -$113.8 million in Q1 2025.
ManpowerGroup (MAN) Free Cash Flow (2009 - 2026) Analysis & Trends
ManpowerGroup's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$135.3 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 18.93% year-over-year to -$135.3 million; the TTM figure through Mar 2026 stood at -$129.8 million (down 898.46% YoY), while the FY2025 annual figure was -$161.4 million, down 162.53% from the prior year.
- Free Cash Flow was -$135.3 million for Q1 2026 at ManpowerGroup, down from $168.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $253.7 million in Q3 2022 to a low of -$207.2 million in Q2 2025.
- Historically, Free Cash Flow has averaged $34.1 million across 5 years, with a median of $67.4 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow sank 268.08% in 2022, then soared 160.82% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $114.4 million in 2022, then fell by 20.8% to $90.6 million in 2023, then surged by 160.82% to $236.3 million in 2024, then retreated by 28.9% to $168.0 million in 2025, then slumped by 180.54% to -$135.3 million in 2026.
- The last three Free Cash Flow figures came in at -$135.3 million (Q1 2026), $168.0 million (Q4 2025), and $44.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.69 Bn | 2.72 Bn | 724.93 Mn | 211.73 Mn |
| 2 | Robert Half | 3.13 Bn | 2.85 Bn | 479.91 Mn | -120.83 Mn |
| 3 | Trinet | 2.12 Bn | 660.05 Mn | 1.16 Bn | 123.00 Mn |
| 4 | ManpowerGroup | 1.56 Bn | 1.34 Bn | 723.00 Mn | -135.30 Mn |
| 5 | Insperity | 1.38 Bn | 825.54 Mn | 302.00 Mn | -73.00 Mn |
| 6 | Barrett Business Services | 828.03 Mn | 736.15 Mn | 43.19 Mn | -27.81 Mn |
| 7 | Kforce | 777.11 Mn | 775.77 Mn | 90.07 Mn | -7.40 Mn |
| 8 | Kelly Services | 391.13 Mn | 365.53 Mn | 196.40 Mn | -26.50 Mn |
| 9 | TrueBlue | 205.89 Mn | 181.76 Mn | 79.02 Mn | -12.61 Mn |
| 10 | HireQuest | 172.03 Mn | 171.01 Mn | - | 259,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -135.30 Mn |
| Mar 31, 2026 | -135.30 Mn |
| Dec 31, 2025 | 168.00 Mn |
| Dec 31, 2025 | 168.00 Mn |
| Sep 30, 2025 | 44.70 Mn |
| Sep 30, 2025 | 44.70 Mn |
| Jun 30, 2025 | -207.20 Mn |
| Jun 30, 2025 | -207.20 Mn |
| Mar 31, 2025 | -166.90 Mn |
| Mar 31, 2025 | -166.90 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Dec 31, 2024 | 236.30 Mn |
| Sep 30, 2024 | 67.40 Mn |
| Sep 30, 2024 | 67.40 Mn |
| Jun 30, 2024 | -149.80 Mn |
| Jun 30, 2024 | -149.80 Mn |
| Mar 31, 2024 | 104.20 Mn |
| Mar 31, 2024 | 104.20 Mn |
| Dec 31, 2023 | 90.60 Mn |
| Dec 31, 2023 | 90.60 Mn |