ManpowerGroup (MAN) Operating Margin (2009 - 2026)
ManpowerGroup (MAN) posted quarterly Operating Margin of 0.63% for Q1 2026, down 6.0% year-over-year from 0.67% in Q1 2025, and down 63.31% quarter-over-quarter from 1.71% in Q4 2025.
ManpowerGroup (MAN) Operating Margin (2009 - 2026) Analysis & Trends
ManpowerGroup's Operating Margin history runs 18 years deep, the most recent figure standing at 0.63% for Q1 2026.
- In Q1 2026, Operating Margin fell 6.0% year-over-year to 0.63%; the TTM figure through Mar 2026 stood at 0.82% (down 71.0% YoY), while the FY2025 annual figure was 0.84%, down 88.0% from the prior year.
- Operating Margin for Q1 2026 stood at 0.63%, down from 1.71% 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.
- The 5-year median for Operating Margin is 1.56% (2024), against an average of 1.64%.
- The sharpest annual moves came in 2022 and 2024: Operating Margin plunged 339041 bps in 2022, then soared 240 bps in 2024.
- ManpowerGroup's Operating Margin stood at 2.1% in 2022, then tumbled by 141 bps to 0.85% in 2023, then soared by 282 bps to 1.55% in 2024, then advanced by 10 bps to 1.71% in 2025, then plunged by 63 bps to 0.63% in 2026.
- Business Quant data shows MAN's Operating Margin at 0.63% in Q1 2026, 1.71% in Q4 2025, and 1.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | -4.66% |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 13.21% |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | - |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 2.30% |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 0.36% |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 5.37% |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 4.82% |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 1.55% |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | -0.26% |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | 41.28% |
Historic Data
Download 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% |