ManpowerGroup annual operating margin
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2025
ManpowerGroup Operating Margin Growth & History (MAN)
ManpowerGroup's operating margin was 0.84% for fiscal 2025.
View full ManpowerGroup company overviewManpowerGroup annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 0.84% | −0.88 pp |
| 2024 | 2024-12-31 | 1.71% | +0.36 pp |
| 2023 | 2023-12-31 | 1.35% | −1.58 pp |
| 2022 | 2022-12-31 | 2.93% | +0.11 pp |
| 2021 | 2021-12-31 | 2.82% | +1.78 pp |
| 2020 | 2020-12-31 | 1.04% | −2.05 pp |
| 2019 | 2019-12-31 | 3.09% | −0.53 pp |
| 2018 | 2018-12-31 | 3.62% | −0.13 pp |
| 2017 | 2017-12-31 | 3.75% | −0.04 pp |
| 2016 | 2016-12-31 | 3.79% | +0.23 pp |
| 2015 | 2015-12-31 | 3.56% | +0.10 pp |
| 2014 | 2014-12-31 | 3.47% | +0.94 pp |
| 2013 | 2013-12-31 | 2.53% | +0.54 pp |
| 2012 | 2012-12-31 | 1.99% | −0.39 pp |
| 2011 | 2011-12-31 | 2.38% | +3.03 pp |
| 2010 | 2010-12-31 | −0.65% | −0.91 pp |
| 2009 | 2009-12-31 | 0.26% | −2.03 pp |
| 2008 | 2008-12-31 | 2.29% | — |
ManpowerGroup quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.30% | +2.86 pp |
| Q1 2026 | 2026-03-31 | 0.63% | −0.06 pp |
| Q4 2025 | 2025-12-31 | 1.71% | +0.16 pp |
| Q3 2025 | 2025-09-30 | 1.44% | −0.13 pp |
| Q2 2025 | 2025-06-30 | −0.56% | −2.80 pp |
| Q1 2025 | 2025-03-31 | 0.69% | −0.81 pp |
| Q4 2024 | 2024-12-31 | 1.55% | +2.40 pp |
| Q3 2024 | 2024-09-30 | 1.56% | +0.07 pp |
| Q2 2024 | 2024-06-30 | 2.24% | +0.02 pp |
| Q1 2024 | 2024-03-31 | 1.50% | −0.98 pp |
| Q4 2023 | 2023-12-31 | −0.85% | −2.95 pp |
| Q3 2023 | 2023-09-30 | 1.49% | −1.87 pp |
| Q2 2023 | 2023-06-30 | 2.22% | −1.35 pp |
| Q1 2023 | 2023-03-31 | 2.48% | −0.22 pp |
| Q4 2022 | 2022-12-31 | 2.10% | −1.00 pp |
| Q3 2022 | 2022-09-30 | 3.36% | +0.44 pp |
| Q2 2022 | 2022-06-30 | 3.56% | +0.34 pp |
| Q1 2022 | 2022-03-31 | 2.70% | +0.70 pp |
| Q4 2021 | 2021-12-31 | 3.10% | +0.36 pp |
| Q3 2021 | 2021-09-30 | 2.93% | +1.58 pp |
| Q2 2021 | 2021-06-30 | 3.22% | +4.56 pp |
| Q1 2021 | 2021-03-31 | 2.00% | +1.18 pp |
| Q4 2020 | 2020-12-31 | 2.74% | −0.95 pp |
| Q3 2020 | 2020-09-30 | 1.34% | −2.79 pp |
| Q2 2020 | 2020-06-30 | −1.34% | −3.77 pp |
| Q1 2020 | 2020-03-31 | 0.82% | −1.28 pp |
| Q4 2019 | 2019-12-31 | 3.69% | −0.35 pp |
| Q3 2019 | 2019-09-30 | 4.13% | +0.14 pp |
| Q2 2019 | 2019-06-30 | 2.43% | −1.25 pp |
| Q1 2019 | 2019-03-31 | 2.09% | −0.69 pp |
| Q4 2018 | 2018-12-31 | 4.04% | −0.17 pp |
| Q3 2018 | 2018-09-30 | 4.00% | −0.19 pp |
| Q2 2018 | 2018-06-30 | 3.68% | −0.09 pp |
| Q1 2018 | 2018-03-31 | 2.79% | +0.10 pp |
| Q4 2017 | 2017-12-31 | 4.21% | −0.07 pp |
| Q3 2017 | 2017-09-30 | 4.18% | +0.04 pp |
| Q2 2017 | 2017-06-30 | 3.77% | −0.13 pp |
| Q1 2017 | 2017-03-31 | 2.69% | −0.18 pp |
| Q4 2016 | 2016-12-31 | 4.28% | +0.62 pp |
| Q3 2016 | 2016-09-30 | 4.15% | −0.00 pp |
| Q2 2016 | 2016-06-30 | 3.90% | +0.23 pp |
| Q1 2016 | 2016-03-31 | 2.87% | +0.17 pp |
| Q4 2015 | 2015-12-31 | 3.66% | −0.12 pp |
| Q3 2015 | 2015-09-30 | 4.15% | +0.23 pp |
| Q2 2015 | 2015-06-30 | 3.68% | +0.15 pp |
| Q1 2015 | 2015-03-31 | 2.70% | +0.12 pp |
| Q4 2014 | 2014-12-31 | 3.77% | +0.59 pp |
| Q3 2014 | 2014-09-30 | 3.92% | +0.79 pp |
| Q2 2014 | 2014-06-30 | 3.52% | +0.98 pp |
| Q1 2014 | 2014-03-31 | 2.59% | +1.45 pp |
| Q4 2013 | 2013-12-31 | 3.18% | +1.16 pp |
| Q3 2013 | 2013-09-30 | 3.13% | +0.84 pp |
| Q2 2013 | 2013-06-30 | 2.54% | +0.73 pp |
| Q1 2013 | 2013-03-31 | 1.14% | −0.70 pp |
| Q4 2012 | 2012-12-31 | 2.02% | −0.35 pp |
| Q3 2012 | 2012-09-30 | 2.29% | −0.44 pp |
| Q2 2012 | 2012-06-30 | 1.81% | −0.85 pp |
| Q1 2012 | 2012-03-31 | 1.84% | +0.15 pp |
| Q4 2011 | 2011-12-31 | 2.37% | +8.94 pp |
| Q3 2011 | 2011-09-30 | 2.73% | +0.54 pp |
| Q2 2011 | 2011-06-30 | 2.66% | +0.94 pp |
| Q1 2011 | 2011-03-31 | 1.69% | +0.89 pp |
| Q4 2010 | 2010-12-31 | −6.58% | — |
| Q3 2010 | 2010-09-30 | 2.19% | +2.70 pp |
| Q2 2010 | 2010-06-30 | 1.72% | +1.22 pp |
| Q1 2010 | 2010-03-31 | 0.80% | — |
| Q3 2009 | 2009-09-30 | −0.51% | — |
| Q2 2009 | 2009-06-30 | 0.50% | — |
ManpowerGroup operating margin trends
Over the last five fiscal years, ManpowerGroup's operating margin decreased from 1.04% to 0.84%, a change of −0.21 percentage points. The latest reported quarter, Q2 2026, shows 2.30%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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