ManpowerGroup (MAN) Tax Rate (2009 - 2026)
ManpowerGroup's Tax Rate came in at 42.10% for Q2 2026, up 102.63 percentage points from -60.53% a year earlier but down 41.67 percentage points from the prior quarter.
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Analysis
ManpowerGroup (MAN) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ManpowerGroup reported Tax Rate of 53.95%, down 65.85 percentage points year-over-year; for FY2025, it was 114.24%, up 70.74 percentage points from FY2024.
- Tax Rate carries a five-year change of +30.35 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 43.50% in FY2024 (-13.38 pp), 56.87% in FY2023 (+23.97 pp), 32.90% in FY2022 (+0.21 pp) and 32.69% in FY2021 (-51.20 pp).
- The five-year range for quarterly Tax Rate is -60.53% (Q2 2025) to 83.77% (Q1 2026).
- Year-over-year, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +23.61 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 106.47 percentage points), and the weakest in Q4 2023 (a drop of 99.71 percentage points).
- Business Quant data shows MAN's Tax Rate at 83.77% (Q1 2026), 53.96% (Q4 2025) and 65.97% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 24.19% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 21.20% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 12.24% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 28.26% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 24.16% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 24.85% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 22.31% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | ManpowerGroup | 2.66 Bn | 1.10 Bn | 780.30 Mn | 42.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.10% |
| Mar 31, 2026 | 83.77% |
| Dec 31, 2025 | 53.96% |
| Sep 30, 2025 | 65.97% |
| Mar 31, 2025 | 66.47% |
| Dec 31, 2024 | 52.83% |
| Sep 30, 2024 | 61.49% |
| Jun 30, 2024 | 34.96% |
| Mar 31, 2024 | 30.96% |
| Sep 30, 2023 | 44.61% |
| Jun 30, 2023 | 31.94% |
| Dec 31, 2022 | 46.07% |
| Sep 30, 2022 | 29.02% |
| Jun 30, 2022 | 29.77% |
| Mar 31, 2022 | 32.65% |
| Dec 31, 2021 | 31.59% |
| Sep 30, 2021 | 32.90% |
| Jun 30, 2021 | 33.21% |
| Mar 31, 2021 | 33.33% |
| Dec 31, 2020 | 41.70% |
API Access
ManpowerGroup Tax Rate 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=tax-rate&ticker=MAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();