ManpowerGroup (MAN) Gross Margin (2009 - 2026)
ManpowerGroup (MAN) posted Gross Margin of 16.05% for Q2 2026, little changed on a QoQ basis from 16.03% in Q1 2026, and down 84.0% year-over-year from 100.34% in Q2 2025.
Analysis
ManpowerGroup (MAN) Gross Margin (2009 - 2026) Analysis & Trends
ManpowerGroup has reported Gross Margin for 18 years, with the latest figure at 16.05% in Q2 2026.
- On a quarterly basis, Gross Margin fell 84.0% year-over-year to 16.05% in Q2 2026; TTM through Jun 2026 was 16.24%, a 86.0% decrease from a year earlier, with the FY2025 full-year figure at 16.69%, down 60.0% from the prior year.
- Gross Margin was 16.05% for Q2 2026 at ManpowerGroup, roughly flat from 16.03% in the prior quarter.
- The five-year high for Gross Margin was 18.3% in Q3 2022, with the low at 16.03% in Q1 2026.
- Average Gross Margin over 5 years is 17.29%, with a median of 17.36% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin jumped 186 bps in 2022, then slumped 104 bps in 2026.
- Over 5 years, Gross Margin stood at 18.21% in 2022, then slipped by 4 bps to 17.51% in 2023, then slipped by 2 bps to 17.16% in 2024, then retreated by 5 bps to 16.27% in 2025, then slipped by 1 bps to 16.05% in 2026.
- The last three Gross Margin figures came in at 16.05% (Q2 2026), 16.03% (Q1 2026), and 16.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 3.74 Bn | 3.41 Bn | 474.03 Mn | 35.47% |
| 2 | Trinet | 3.05 Bn | 1.18 Bn | - | - |
| 3 | ManpowerGroup | 2.67 Bn | 2.49 Bn | 780.30 Mn | 16.05% |
| 4 | Insperity | 1.90 Bn | 1.28 Bn | 217.00 Mn | 12.87% |
| 5 | Amn Healthcare Services | 1.29 Bn | 1.25 Bn | 205.88 Mn | 30.58% |
| 6 | Kforce | 860.11 Mn | 859.78 Mn | 99.45 Mn | 28.47% |
| 7 | Barrett Business Services | 800.56 Mn | 701.17 Mn | 64.85 Mn | 20.31% |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | 0.60% |
| 9 | Kelly Services | 552.25 Mn | 528.05 Mn | 212.00 Mn | 20.42% |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | 19.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.05% |
| Mar 31, 2026 | 16.03% |
| Dec 31, 2025 | 16.27% |
| Sep 30, 2025 | 16.59% |
| Jun 30, 2025 | 16.90% |
| Mar 31, 2025 | 17.07% |
| Dec 31, 2024 | 17.16% |
| Sep 30, 2024 | 17.26% |
| Jun 30, 2024 | 17.38% |
| Mar 31, 2024 | 17.34% |
| Dec 31, 2023 | 17.51% |
| Sep 30, 2023 | 17.58% |
| Jun 30, 2023 | 17.76% |
| Mar 31, 2023 | 18.16% |
| Dec 31, 2022 | 18.21% |
| Sep 30, 2022 | 18.30% |
| Jun 30, 2022 | 18.15% |
| Mar 31, 2022 | 17.44% |
| Dec 31, 2021 | 17.21% |
| Sep 30, 2021 | 16.59% |