ManpowerGroup annual gross margin
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2025
ManpowerGroup Gross Margin Growth & History (MAN)
ManpowerGroup's gross margin was 16.69% for fiscal 2025.
View full ManpowerGroup company overviewManpowerGroup annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.69% | −0.60 pp |
| 2024 | 2024-12-31 | 17.29% | −0.46 pp |
| 2023 | 2023-12-31 | 17.75% | −0.26 pp |
| 2022 | 2022-12-31 | 18.02% | +1.58 pp |
| 2021 | 2021-12-31 | 16.44% | +0.75 pp |
| 2020 | 2020-12-31 | 15.69% | −0.49 pp |
| 2019 | 2019-12-31 | 16.18% | −0.10 pp |
| 2018 | 2018-12-31 | 16.27% | −0.29 pp |
| 2017 | 2017-12-31 | 16.57% | −0.40 pp |
| 2016 | 2016-12-31 | 16.96% | −0.09 pp |
| 2015 | 2015-12-31 | 17.05% | +0.25 pp |
| 2014 | 2014-12-31 | 16.80% | +0.17 pp |
| 2013 | 2013-12-31 | 16.63% | −0.02 pp |
| 2012 | 2012-12-31 | 16.65% | −0.20 pp |
| 2011 | 2011-12-31 | 16.84% | −0.36 pp |
| 2010 | 2010-12-31 | 17.20% | −0.37 pp |
| 2009 | 2009-12-31 | 17.57% | −1.40 pp |
| 2008 | 2008-12-31 | 18.98% | — |
ManpowerGroup quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 16.05% | −0.84 pp |
| Q1 2026 | 2026-03-31 | 16.03% | −1.04 pp |
| Q4 2025 | 2025-12-31 | 16.27% | −0.90 pp |
| Q3 2025 | 2025-09-30 | 16.59% | −0.67 pp |
| Q2 2025 | 2025-06-30 | 16.90% | −0.49 pp |
| Q1 2025 | 2025-03-31 | 17.07% | −0.27 pp |
| Q4 2024 | 2024-12-31 | 17.16% | −0.35 pp |
| Q3 2024 | 2024-09-30 | 17.26% | −0.31 pp |
| Q2 2024 | 2024-06-30 | 17.38% | −0.37 pp |
| Q1 2024 | 2024-03-31 | 17.34% | −0.82 pp |
| Q4 2023 | 2023-12-31 | 17.51% | −0.70 pp |
| Q3 2023 | 2023-09-30 | 17.58% | −0.72 pp |
| Q2 2023 | 2023-06-30 | 17.76% | −0.40 pp |
| Q1 2023 | 2023-03-31 | 18.16% | +0.72 pp |
| Q4 2022 | 2022-12-31 | 18.21% | +1.00 pp |
| Q3 2022 | 2022-09-30 | 18.30% | +1.71 pp |
| Q2 2022 | 2022-06-30 | 18.15% | +1.86 pp |
| Q1 2022 | 2022-03-31 | 17.44% | +1.84 pp |
| Q4 2021 | 2021-12-31 | 17.21% | +1.41 pp |
| Q3 2021 | 2021-09-30 | 16.59% | +0.78 pp |
| Q2 2021 | 2021-06-30 | 16.30% | +0.89 pp |
| Q1 2021 | 2021-03-31 | 15.60% | −0.08 pp |
| Q4 2020 | 2020-12-31 | 15.80% | −0.74 pp |
| Q3 2020 | 2020-09-30 | 15.82% | −0.19 pp |
| Q2 2020 | 2020-06-30 | 15.41% | −0.79 pp |
| Q1 2020 | 2020-03-31 | 15.67% | −0.28 pp |
| Q4 2019 | 2019-12-31 | 16.54% | +0.22 pp |
| Q3 2019 | 2019-09-30 | 16.01% | −0.43 pp |
| Q2 2019 | 2019-06-30 | 16.20% | −0.11 pp |
| Q1 2019 | 2019-03-31 | 15.95% | −0.08 pp |
| Q4 2018 | 2018-12-31 | 16.32% | −0.25 pp |
| Q3 2018 | 2018-09-30 | 16.44% | −0.04 pp |
| Q2 2018 | 2018-06-30 | 16.31% | −0.34 pp |
| Q1 2018 | 2018-03-31 | 16.03% | −0.53 pp |
| Q4 2017 | 2017-12-31 | 16.58% | −0.39 pp |
| Q3 2017 | 2017-09-30 | 16.48% | −0.39 pp |
| Q2 2017 | 2017-06-30 | 16.65% | −0.49 pp |
| Q1 2017 | 2017-03-31 | 16.56% | −0.31 pp |
| Q4 2016 | 2016-12-31 | 16.97% | −0.21 pp |
| Q3 2016 | 2016-09-30 | 16.87% | −0.27 pp |
| Q2 2016 | 2016-06-30 | 17.14% | +0.05 pp |
| Q1 2016 | 2016-03-31 | 16.87% | +0.09 pp |
| Q4 2015 | 2015-12-31 | 17.18% | +0.22 pp |
| Q3 2015 | 2015-09-30 | 17.14% | +0.42 pp |
| Q2 2015 | 2015-06-30 | 17.09% | +0.22 pp |
| Q1 2015 | 2015-03-31 | 16.78% | +0.13 pp |
| Q4 2014 | 2014-12-31 | 16.97% | +0.08 pp |
| Q3 2014 | 2014-09-30 | 16.72% | +0.27 pp |
| Q2 2014 | 2014-06-30 | 16.86% | +0.27 pp |
| Q1 2014 | 2014-03-31 | 16.65% | +0.08 pp |
| Q4 2013 | 2013-12-31 | 16.88% | +0.03 pp |
| Q3 2013 | 2013-09-30 | 16.45% | −0.10 pp |
| Q2 2013 | 2013-06-30 | 16.59% | +0.04 pp |
| Q1 2013 | 2013-03-31 | 16.57% | −0.06 pp |
| Q4 2012 | 2012-12-31 | 16.85% | −0.20 pp |
| Q3 2012 | 2012-09-30 | 16.55% | +0.10 pp |
| Q2 2012 | 2012-06-30 | 16.55% | −0.43 pp |
| Q1 2012 | 2012-03-31 | 16.63% | −0.28 pp |
| Q4 2011 | 2011-12-31 | 17.05% | −0.33 pp |
| Q3 2011 | 2011-09-30 | 16.45% | −0.47 pp |
| Q2 2011 | 2011-06-30 | 16.98% | −0.40 pp |
| Q1 2011 | 2011-03-31 | 16.91% | −0.21 pp |
| Q4 2010 | 2010-12-31 | 17.39% | — |
| Q3 2010 | 2010-09-30 | 16.92% | +0.11 pp |
| Q2 2010 | 2010-06-30 | 17.38% | −0.87 pp |
| Q1 2010 | 2010-03-31 | 17.11% | — |
| Q3 2009 | 2009-09-30 | 16.81% | — |
| Q2 2009 | 2009-06-30 | 18.25% | — |
ManpowerGroup gross margin trends
Over the last five fiscal years, ManpowerGroup's gross margin increased from 15.69% to 16.69%, a change of +1.00 percentage points. The latest reported quarter, Q2 2026, shows 16.05%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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