ManpowerGroup (MAN) Return on Capital Employed [ROCE] (2010 - 2026)
ManpowerGroup (MAN) reported Return on Capital Employed [ROCE] of 8.30% for Q2 2026, up 3.58 percentage points from 4.72% a year earlier and up 4.79 percentage points from the prior quarter.
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Analysis
ManpowerGroup (MAN) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, ManpowerGroup posted Return on Capital Employed [ROCE] of 4.35%, down 3.15 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +0.27 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 7.50% in FY2024 (+1.38 pp), 6.12% in FY2023 (-6.62 pp), 12.73% in FY2022 (-2.68 pp) and 15.41% in FY2021 (+11.33 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- Year over year, Return on Capital Employed [ROCE] gained in three of the last eight quarters, with an average year-over-year change of -0.70 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2021 (a gain of 10.95 percentage points); the low point was Q4 2023 (a drop of 8.25 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.52% (Q1 2026), 4.20% (Q4 2025) and 4.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 22.86% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 33.88% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 7.54% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 8.75% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 7.98% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 31.56% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 25.89% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 29.65% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | ManpowerGroup | 2.52 Bn | 967.28 Mn | 780.30 Mn | 8.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.30% |
| Mar 31, 2026 | 3.52% |
| Dec 31, 2025 | 4.20% |
| Sep 30, 2025 | 4.11% |
| Jun 30, 2025 | 4.72% |
| Mar 31, 2025 | 6.91% |
| Dec 31, 2024 | 7.84% |
| Sep 30, 2024 | 5.03% |
| Jun 30, 2024 | 5.07% |
| Mar 31, 2024 | 4.90% |
| Dec 31, 2023 | 6.54% |
| Sep 30, 2023 | 9.21% |
| Jun 30, 2023 | 11.44% |
| Mar 31, 2023 | 12.66% |
| Dec 31, 2022 | 14.79% |
| Sep 30, 2022 | 13.96% |
| Jun 30, 2022 | 14.91% |
| Mar 31, 2022 | 15.34% |
| Dec 31, 2021 | 15.17% |
| Sep 30, 2021 | 13.56% |
API Access
ManpowerGroup Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();