ManpowerGroup Inc.

MAN Industrials Staffing & Employment Services

ManpowerGroup Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.0 billion, up 0.58% from fiscal 2024.

Revenue
+4.44%
EPS
+87.2%
Free cash flow
−135.7%
Total debt
+20.2%

Quarter to September 2026, against a year earlier

45.29 0.98 −2.12%
Market cap
$2.2B
P/E
17.9×
Fwd P/E
16.0×
Dividend yield
3.13%
F-score
1/9
Altman Z
2.77
Beneish M
−2.35
Dividend safety
16/100

ManpowerGroup Inc. (MAN) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, ManpowerGroup Inc. (MAN) trades at a EV/EBITDA of 6.4×. Over the past ten years it has ranged from 4.3× (March 2020) to 21.1× (March 2021); the current reading is higher than 15% of that period. That is below the Staffing & Employment Services industry median of 11.4× and below the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 6.6× (18.06%)
FY2024 8.1× (35.88%)
FY2023 12.6× 78.34%
FY2022 7.1× (7.11%)
FY2021 7.6× (57.80%)
FY2020 18.1× 124.77%
FY2019 8.0× 53.52%
FY2018 5.2× (44.87%)
FY2017 9.5× 20.14%
FY2016 7.9× (7.56%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.6× 43.61%
Jun 2026 5.3× (42.96%)
Mar 2026 9.3× 40.03%
Dec 2025 6.6× (23.68%)
43 more quarters

Against its own ten years

Low 4.3× High 21.1×
Ten-year median 7.9×
Current reading's percentile 15

EV/EBITDA against peers

Company EV/EBITDA
MAN ManpowerGroup Inc. 6.4×
TNET TriNet Group, Inc. compare 6.9×
KFY Korn/Ferry International compare 7.2×
KELYA Kelly Services, Inc. compare 9.5×
BBSI Barrett Business Services, Inc. compare 13.0×
KELYB Kelly Services, Inc. compare 16.1×
KFRC Kforce, Inc. compare 17.0×
NSP Insperity, Inc. compare 26.3×
RHI Robert Half Inc. compare 27.2×
Staffing & Employment Services industry median 11.4×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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