Growth Metrics

ManpowerGroup (MAN) Other Working Capital Changes (2009 - 2026)

ManpowerGroup's quarterly Other Working Capital Changes came in at $73.5 million in Q1 2026, up 110.6% year-on-year from $34.9 million in Q1 2025, and up 451.67% quarter-over-quarter from -$20.9 million in Q4 2025.

ManpowerGroup has reported Other Working Capital Changes for 18 years, with the latest figure at $73.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes rose 110.6% year-over-year to $73.5 million; the trailing twelve-month figure through Mar 2026 stood at $113.1 million (up 8.54% YoY), and the FY2025 full-year result was $74.5 million, down 43.47% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $73.5 million, up from -$20.9 million in the prior quarter.
  • The five-year high for Other Working Capital Changes was $73.5 million in Q1 2026, with the low at -$42.2 million in Q4 2022.
  • Average Other Working Capital Changes over 5 years is $16.3 million, with a median of $17.1 million recorded in 2022.
  • Year-over-year, Other Working Capital Changes surged 2777.78% in 2023 and tumbled 190.48% in 2025.
  • Tracing MAN's Other Working Capital Changes over 5 years: stood at -$42.2 million in 2022, then jumped by 85.55% to -$6.1 million in 2023, then jumped by 478.69% to $23.1 million in 2024, then plunged by 190.48% to -$20.9 million in 2025, then jumped by 451.67% to $73.5 million in 2026.
  • The last three Other Working Capital Changes figures came in at $73.5 million (Q1 2026), -$20.9 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn
10 HireQuest 182.43 Mn 181.41 Mn -

Historic Data

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DateValue
Mar 31, 2026 73.50 Mn
Mar 31, 2026 73.50 Mn
Dec 31, 2025 -20.90 Mn
Dec 31, 2025 -20.90 Mn
Sep 30, 2025 3.00 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 57.50 Mn
Jun 30, 2025 57.50 Mn
Mar 31, 2025 34.90 Mn
Mar 31, 2025 34.90 Mn
Dec 31, 2024 23.10 Mn
Dec 31, 2024 23.10 Mn
Sep 30, 2024 38.60 Mn
Sep 30, 2024 38.60 Mn
Jun 30, 2024 7.60 Mn
Jun 30, 2024 7.60 Mn
Mar 31, 2024 62.50 Mn
Mar 31, 2024 62.50 Mn
Dec 31, 2023 -6.10 Mn
Dec 31, 2023 -6.10 Mn
Sep 30, 2023 -11.90 Mn
Sep 30, 2023 -11.90 Mn
Jun 30, 2023 25.90 Mn
Jun 30, 2023 25.90 Mn
Mar 31, 2023 37.30 Mn
Mar 31, 2023 37.30 Mn
Dec 31, 2022 -42.20 Mn
Dec 31, 2022 -42.20 Mn
Sep 30, 2022 -23.30 Mn
Sep 30, 2022 -23.30 Mn
Jun 30, 2022 900,000.00
Jun 30, 2022 900,000.00
Mar 31, 2022 17.10 Mn
Mar 31, 2022 17.10 Mn
Dec 31, 2021 -69.30 Mn
Dec 31, 2021 -69.30 Mn
Sep 30, 2021 -16.00 Mn
Sep 30, 2021 -16.00 Mn
Jun 30, 2021 -33.20 Mn
Jun 30, 2021 -33.20 Mn
Mar 31, 2021 39.50 Mn
Mar 31, 2021 39.50 Mn
Dec 31, 2020 -45.00 Mn
Dec 31, 2020 -45.00 Mn
Sep 30, 2020 -12.10 Mn
Sep 30, 2020 -12.10 Mn
Dec 31, 2019 -18.60 Mn
Dec 31, 2019 -18.60 Mn
Sep 30, 2019 -22.40 Mn
Sep 30, 2019 -22.40 Mn
Jun 30, 2019 -100.70 Mn
Jun 30, 2019 -100.70 Mn
Mar 31, 2019 19.40 Mn
Mar 31, 2019 19.40 Mn
Dec 31, 2018 -26.90 Mn
Dec 31, 2018 -26.90 Mn
Sep 30, 2018 54.10 Mn
Sep 30, 2018 54.10 Mn
Jun 30, 2018 -158.50 Mn
Jun 30, 2018 -158.50 Mn
Mar 31, 2018 72.60 Mn
Mar 31, 2018 72.60 Mn
Dec 31, 2017 61.10 Mn
Dec 31, 2017 61.10 Mn
Sep 30, 2017 43.50 Mn
Sep 30, 2017 43.50 Mn
Jun 30, 2017 29.10 Mn
Jun 30, 2017 29.10 Mn
Mar 31, 2017 -65.10 Mn
Mar 31, 2017 -65.10 Mn
Dec 31, 2016 21.20 Mn
Dec 31, 2016 21.20 Mn
Sep 30, 2016 117.00 Mn
Sep 30, 2016 117.00 Mn
Jun 30, 2016 27.10 Mn
Jun 30, 2016 27.10 Mn
Mar 31, 2016 -90.00 Mn
Mar 31, 2016 -90.00 Mn
Dec 31, 2015 49.40 Mn
Dec 31, 2015 49.40 Mn
Sep 30, 2015 -83.70 Mn
Sep 30, 2015 -83.70 Mn
Jun 30, 2015 25.80 Mn
Jun 30, 2015 25.80 Mn
Mar 31, 2015 68.20 Mn
Mar 31, 2015 68.20 Mn
Dec 31, 2014 62.00 Mn
Dec 31, 2014 62.00 Mn
Sep 30, 2014 37.60 Mn
Sep 30, 2014 37.60 Mn
Jun 30, 2014 43.30 Mn
Jun 30, 2014 43.30 Mn
Mar 31, 2014 55.80 Mn
Mar 31, 2014 55.80 Mn
Dec 31, 2013 -65.20 Mn
Dec 31, 2013 -65.20 Mn
Sep 30, 2013 40.00 Mn
Sep 30, 2013 40.00 Mn
Jun 30, 2013 44.00 Mn
Jun 30, 2013 44.00 Mn
Mar 31, 2013 17.10 Mn
Mar 31, 2013 17.10 Mn
Dec 31, 2012 300,000.00
Dec 31, 2012 300,000.00
Sep 30, 2012 -8.20 Mn
Sep 30, 2012 -8.20 Mn
Jun 30, 2012 400,000.00
Jun 30, 2012 400,000.00
Mar 31, 2012 16.70 Mn
Mar 31, 2012 16.70 Mn
Dec 31, 2011 16.70 Mn
Dec 31, 2011 16.70 Mn
Sep 30, 2011 82.90 Mn
Sep 30, 2011 82.90 Mn
Jun 30, 2011 -45.10 Mn
Jun 30, 2011 -45.10 Mn
Mar 31, 2011 -6.30 Mn
Mar 31, 2011 -6.30 Mn
Dec 31, 2010 -27.80 Mn
Dec 31, 2010 -27.80 Mn
Sep 30, 2010 44.20 Mn
Sep 30, 2010 44.20 Mn
Jun 30, 2010 9.30 Mn
Jun 30, 2010 9.30 Mn
Mar 31, 2010 -35.60 Mn
Mar 31, 2010 -35.60 Mn
Dec 31, 2009 -2.00 Mn
Dec 31, 2009 -2.00 Mn
Sep 30, 2009 -28.80 Mn
Sep 30, 2009 -28.80 Mn