ManpowerGroup (MAN) Goodwill (2009 - 2026)
ManpowerGroup's Goodwill was $1.48 billion in Q2 2026, down 4.2% from $1.55 billion a year earlier and down 3.6% from the prior quarter.
Analysis
ManpowerGroup (MAN) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Goodwill at ManpowerGroup came in at $1.54 billion, down 1.2% from FY2024.
- Goodwill has now declined for four consecutive years, though with a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- In earlier years, Goodwill was $1.56 billion in FY2024 (-1.5%), $1.59 billion in FY2023 (-2.5%), $1.63 billion in FY2022 (-5.5%) and $1.72 billion in FY2021 (+40.5%).
- The Q2 2026 figure marks the lowest quarterly Goodwill since Q3 2021.
- Compared with a year earlier, Goodwill has declined for five straight quarters, with an average decline of 1.9% over the last eight quarters.
- The best year-over-year quarter for Goodwill over five years was Q1 2022 (growth of 40.7%); the worst was Q4 2022 (a decline of 5.5%).
- Per Business Quant data, MAN's Goodwill in the three quarters before Q2 2026 was $1.54 billion (Q1 2026), $1.54 billion (Q4 2025) and $1.54 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - |
| 10 | ManpowerGroup | 2.66 Bn | 1.10 Bn | 780.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.54 Bn |
| Dec 31, 2025 | 1.54 Bn |
| Sep 30, 2025 | 1.54 Bn |
| Jun 30, 2025 | 1.55 Bn |
| Mar 31, 2025 | 1.58 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.59 Bn |
| Jun 30, 2024 | 1.57 Bn |
| Mar 31, 2024 | 1.57 Bn |
| Dec 31, 2023 | 1.59 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 1.63 Bn |
| Dec 31, 2022 | 1.63 Bn |
| Sep 30, 2022 | 1.64 Bn |
| Jun 30, 2022 | 1.67 Bn |
| Mar 31, 2022 | 1.71 Bn |
| Dec 31, 2021 | 1.72 Bn |
| Sep 30, 2021 | 1.21 Bn |
API Access
ManpowerGroup Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=MAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "MAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=MAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();