ManpowerGroup (MAN) Operating Margin (2009 - 2026)
ManpowerGroup (MAN) posted Operating Margin of 2.3% for Q2 2026, up 267.28% on a QoQ basis from 0.63% in Q1 2026, and up 286.0% year-over-year from 0.6% in Q2 2025.
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ManpowerGroup (MAN) Operating Margin (2009 - 2026) Analysis & Trends
ManpowerGroup has reported Operating Margin for 18 years, with the latest figure at 2.3% in Q2 2026.
- On a quarterly basis, Operating Margin rose 286.0% year-over-year to 2.3% in Q2 2026; TTM through Jun 2026 was 1.54%, a 73.0% increase from a year earlier, with the FY2025 full-year figure at 0.84%, down 88.0% from the prior year.
- Operating Margin was 2.3% for Q2 2026 at ManpowerGroup, up from 0.63% in the prior quarter.
- The five-year high for Operating Margin was 3.56% in Q2 2022, with the low at 0.85% in Q4 2023.
- Average Operating Margin over 5 years is 1.67%, with a median of 1.64% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Margin plunged 295 bps in 2023, then surged 286 bps in 2026.
- Over 5 years, Operating Margin stood at 2.1% in 2022, then tumbled by 141 bps to 0.85% in 2023, then surged by 282 bps to 1.55% in 2024, then grew by 10 bps to 1.71% in 2025, then surged by 35 bps to 2.3% in 2026.
- The last three Operating Margin figures came in at 2.3% (Q2 2026), 0.63% (Q1 2026), and 1.71% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 3.86 Bn | 3.54 Bn | 474.03 Mn | -4.66% |
| 2 | Trinet | 3.06 Bn | 1.18 Bn | - | - |
| 3 | ManpowerGroup | 2.67 Bn | 2.49 Bn | 780.30 Mn | 2.30% |
| 4 | Insperity | 1.91 Bn | 1.29 Bn | 217.00 Mn | 0.36% |
| 5 | Amn Healthcare Services | 1.34 Bn | 1.31 Bn | 205.88 Mn | 4.00% |
| 6 | Kforce | 861.70 Mn | 861.37 Mn | 99.45 Mn | 5.37% |
| 7 | Barrett Business Services | 790.34 Mn | 690.95 Mn | 64.85 Mn | 4.82% |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | -7.74% |
| 9 | Kelly Services | 552.42 Mn | 528.22 Mn | 212.00 Mn | 1.55% |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | -1.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.30% |
| Mar 31, 2026 | 0.63% |
| Dec 31, 2025 | 1.71% |
| 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 | 2.10% |
| 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% |