ManpowerGroup (MAN) Operating Margin (2009 - 2026)
ManpowerGroup's quarterly Operating Margin came in at 0.63% in Q1 2026, down 6.0% year-on-year from 0.67% in Q1 2025, and up 159.26% quarter-over-quarter from 1.06% in Q4 2025.
ManpowerGroup has reported Operating Margin for 18 years, with the latest figure at 0.63% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 6.0% year-over-year to 0.63%; the trailing twelve-month figure through Mar 2026 stood at 0.11% (down 142.0% YoY), and the FY2025 full-year result was 0.11%, down 160.0% from the prior year.
- Operating Margin for Q1 2026 stood at 0.63%, up from 1.06% in the prior quarter.
- The five-year high for Operating Margin was 3.56% in Q2 2022, with the low at 7.57% in Q4 2022.
- Average Operating Margin over 5 years is 0.9%, with a median of 1.5% recorded in 2024.
- Year-over-year, Operating Margin sank 339041 bps in 2022 and surged 671 bps in 2023.
- Tracing MAN's Operating Margin over 5 years: stood at 7.57% in 2022, then jumped by 89 bps to 0.85% in 2023, then surged by 282 bps to 1.55% in 2024, then plunged by 168 bps to 1.06% in 2025, then surged by 159 bps to 0.63% in 2026.
- The last three Operating Margin figures came in at 0.63% (Q1 2026), 1.06% (Q4 2025), and 1.44% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Korn Ferry | 3.61 Bn | 2.64 Bn | 724.93 Mn | 12.55% |
| 2 | Robert Half | 2.93 Bn | 2.65 Bn | 479.91 Mn | 2.84% |
| 3 | Trinet | 2.15 Bn | 684.96 Mn | 1.16 Bn | 4.40% |
| 4 | ManpowerGroup | 1.48 Bn | 1.25 Bn | 723.00 Mn | 0.63% |
| 5 | Insperity | 1.31 Bn | 754.86 Mn | 302.00 Mn | 3.27% |
| 6 | Barrett Business Services | 814.51 Mn | 722.64 Mn | 43.19 Mn | -2.11% |
| 7 | Kforce | 805.03 Mn | 803.69 Mn | 90.07 Mn | 3.63% |
| 8 | Kelly Services | 399.73 Mn | 374.13 Mn | 196.40 Mn | -0.49% |
| 9 | TrueBlue | 187.20 Mn | 163.07 Mn | 79.02 Mn | -4.48% |
| 10 | HireQuest | 182.43 Mn | 181.41 Mn | - | 22.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.63% |
| Dec 31, 2025 | -1.06% |
| Sep 30, 2025 | 1.44% |
| Jun 30, 2025 | -0.56% |
| Mar 31, 2025 | 0.69% |
| Dec 31, 2024 | 1.55% |
| Sep 30, 2024 | 1.56% |
| Jun 30, 2024 | 2.24% |
| Mar 31, 2024 | 1.50% |
| Dec 31, 2023 | -0.85% |
| Sep 30, 2023 | 1.49% |
| Jun 30, 2023 | 2.22% |
| Mar 31, 2023 | 2.48% |
| Dec 31, 2022 | -7.57% |
| Sep 30, 2022 | 3.36% |
| Jun 30, 2022 | 3.56% |
| Mar 31, 2022 | 2.70% |
| Dec 31, 2021 | 3.10% |
| Sep 30, 2021 | 2.93% |
| Jun 30, 2021 | 3.22% |
| Mar 31, 2021 | 3,393.10% |
| Dec 31, 2020 | 2.74% |
| Sep 30, 2020 | 1.34% |
| Jun 30, 2020 | -1.34% |
| Mar 31, 2020 | 0.82% |
| Dec 31, 2019 | 3.69% |
| Sep 30, 2019 | 4.13% |
| Jun 30, 2019 | 2.43% |
| Mar 31, 2019 | 2.09% |
| Dec 31, 2018 | 4.04% |
| Sep 30, 2018 | 4.00% |
| Jun 30, 2018 | 3.68% |
| Mar 31, 2018 | 2.79% |
| Dec 31, 2017 | 4.21% |
| Sep 30, 2017 | 4.18% |
| Jun 30, 2017 | 3.77% |
| Mar 31, 2017 | 2.69% |
| Dec 31, 2016 | 4.28% |
| Sep 30, 2016 | 4.15% |
| Jun 30, 2016 | 3.90% |
| Mar 31, 2016 | 2.87% |
| Dec 31, 2015 | 3.66% |
| Sep 30, 2015 | 4.15% |
| Jun 30, 2015 | 3.68% |
| Mar 31, 2015 | 2.70% |
| Dec 31, 2014 | 3.77% |
| Sep 30, 2014 | 3.92% |
| Jun 30, 2014 | 3.52% |
| Mar 31, 2014 | 2.59% |
| Dec 31, 2013 | 3.18% |
| Sep 30, 2013 | 3.13% |
| Jun 30, 2013 | 2.54% |
| Mar 31, 2013 | 1.14% |
| Dec 31, 2012 | 2.02% |
| Sep 30, 2012 | 2.29% |
| Jun 30, 2012 | 1.81% |
| Mar 31, 2012 | 1.84% |
| Dec 31, 2011 | 2.37% |
| Sep 30, 2011 | 2.73% |
| Jun 30, 2011 | 2.66% |
| Mar 31, 2011 | 1.69% |
| Dec 31, 2010 | -6.58% |
| Sep 30, 2010 | 2.19% |
| Jun 30, 2010 | 1.72% |
| Mar 31, 2010 | 0.80% |
| Dec 31, 2009 | -0.16% |
| Sep 30, 2009 | -0.51% |
| Jun 30, 2009 | 0.50% |