ManpowerGroup (MAN) Other Working Capital Changes (2009 - 2026)
ManpowerGroup's Other Working Capital Changes came in at $18.4 million for Q2 2026, down 68.0% from $57.5 million a year earlier and down 75.0% from the prior quarter.
ManpowerGroup (MAN) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ManpowerGroup reported Other Working Capital Changes of $74 million, down 52.0% year-over-year; for FY2025, it came in at $74.5 million, down 43.5% from FY2024.
- Going back by year, Other Working Capital Changes was $131.8 million in FY2024 (+191.6%), $45.2 million in FY2023, -$47.5 million in FY2022 and -$79 million in FY2021.
- The five-year range for quarterly Other Working Capital Changes is -$69.3 million (Q4 2021) to $73.5 million (Q1 2026).
- Year-over-year, Other Working Capital Changes increased in two of the last five quarters, with growth averaging 112.6%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in Q2 2025 (growth of 656.6%), and the weakest in Q3 2025 (a decline of 92.2%).
- Business Quant data shows MAN's Other Working Capital Changes at $73.5 million (Q1 2026), -$20.9 million (Q4 2025) and $3 million (Q3 2025) in the three quarters before Q2 2026.
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.40 Mn |
| Mar 31, 2026 | 73.50 Mn |
| Dec 31, 2025 | -20.90 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | 57.50 Mn |
| Mar 31, 2025 | 34.90 Mn |
| Dec 31, 2024 | 23.10 Mn |
| Sep 30, 2024 | 38.60 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Mar 31, 2024 | 62.50 Mn |
| Dec 31, 2023 | -6.10 Mn |
| Sep 30, 2023 | -11.90 Mn |
| Jun 30, 2023 | 25.90 Mn |
| Mar 31, 2023 | 37.30 Mn |
| Dec 31, 2022 | -42.20 Mn |
| Sep 30, 2022 | -23.30 Mn |
| Jun 30, 2022 | 900,000.00 |
| Mar 31, 2022 | 17.10 Mn |
| Dec 31, 2021 | -69.30 Mn |
| Sep 30, 2021 | -16.00 Mn |
ManpowerGroup Other Working Capital Changes 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=other-working-capital-changes&ticker=MAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=MAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();