ManpowerGroup Inc. (MAN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does ManpowerGroup Inc. Do?
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives. In addition, the company provides workforce consulting services; contingent staffing and permanent recruitment services; professional resourcing and project-based solutions in information technology, engineering, and finance fields; solutions in the areas of organizational efficiency, individual development, and career mobility; and recruitment process outsourcing, TAPFIN managed, and talent based outsourcing services, as well as Proservia services in the areas of digital services market and IT infrastructure sector. It operates through a network of approximately 2,200 offices in 75 countries and territories. The company was incorporated in 1948 and is based in Milwaukee, Wisconsin. ManpowerGroup Inc. (MAN) is classified as a small-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Jonas Prising and employs approximately 30,900 people, headquartered in Milwaukee, Wisconsin. With a market capitalization of $1.3B, MAN is one of the notable companies in the Industrials sector.
ManpowerGroup Inc. (MAN) Stock Rating — Reduce (April 2026)
As of April 2026, ManpowerGroup Inc. receives a Reduce rating with a composite score of 44.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MAN ranks #2,059 out of 4,446 stocks in our coverage universe. Within the Industrials sector, ManpowerGroup Inc. ranks #325 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MAN Stock Price and 52-Week Range
ManpowerGroup Inc. (MAN) currently trades at $26.93. The stock lost $1.79 (6.2%) in the most recent trading session. The 52-week high for MAN is $60.45, which means the stock is currently trading -55.5% from its annual peak. The 52-week low is $25.15, putting the stock 7.1% above its annual trough. Recent trading volume was 1.5M shares, reflecting moderate market activity.
Is MAN Overvalued or Undervalued? — Valuation Analysis
ManpowerGroup Inc. (MAN) carries a value factor score of 57/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 73.64x, compared to the Industrials sector average of 28.33x — a premium of 160%. The price-to-book ratio stands at 0.65x, versus the sector average of 2.23x. The price-to-sales ratio is 0.07x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, MAN trades at 9.38x EV/EBITDA, versus 5.70x for the sector.
Overall, MAN's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
ManpowerGroup Inc. Profitability — ROE, Margins, and Quality Score
ManpowerGroup Inc. (MAN) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -1.0%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -0.3% versus the sector average of 3.3%.
On a margin basis, ManpowerGroup Inc. reports gross margins of 17.0%, compared to 35.8% for the sector. The operating margin is 0.8% (sector: 6.2%). Net profit margin stands at -0.1%, versus 3.9% for the average Industrials stock. Revenue growth is running at 2.5% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MAN Debt, Balance Sheet, and Financial Health
ManpowerGroup Inc. has a debt-to-equity ratio of 320.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.00x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $1.22B. Cash and equivalents stand at $275M.
MAN has a beta of 0.93, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for ManpowerGroup Inc. is 50/100, reflecting average volatility within the normal range for its sector.
ManpowerGroup Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, ManpowerGroup Inc. reported revenue of $17.77B and earnings per share (EPS) of $0.39. Net income for the quarter was $-21M. Gross margin was 17.0%. Operating income came in at $140M.
In Q3 2025, ManpowerGroup Inc. reported revenue of $4.63B and earnings per share (EPS) of $0.39. Net income for the quarter was $18M. Gross margin was 16.6%. Revenue grew 2.3% year-over-year compared to Q3 2024. Operating income came in at $67M.
In Q2 2025, ManpowerGroup Inc. reported revenue of $4.52B and earnings per share (EPS) of $-1.44. Net income for the quarter was $-67M. Gross margin was 16.9%. Revenue grew -0.0% year-over-year compared to Q2 2024. Operating income came in at $-25M.
In Q1 2025, ManpowerGroup Inc. reported revenue of $4.09B and earnings per share (EPS) of $0.12. Net income for the quarter was $6M. Gross margin was 17.1%. Revenue grew -7.1% year-over-year compared to Q1 2024. Operating income came in at $28M.
Over the past 8 quarters, ManpowerGroup Inc. has demonstrated a growth trajectory, with revenue expanding from $4.40B to $17.77B. Investors analyzing MAN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MAN Dividend Yield and Income Analysis
ManpowerGroup Inc. (MAN) currently pays a dividend yield of 6.0%. At this yield, a $10,000 investment in MAN stock would generate approximately $$596.00 in annual dividend income.
MAN Momentum and Technical Analysis Profile
ManpowerGroup Inc. (MAN) has a momentum factor score of 24/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 62/100 reflects moderate short selling activity.
MAN vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, ManpowerGroup Inc. (MAN) ranks #325 out of 752 stocks based on the Blank Capital composite score. This places MAN in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing MAN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MAN vs S&P 500 (SPY) comparison to assess how ManpowerGroup Inc. stacks up against the broader market across all factor dimensions.
MAN Next Earnings Date
No upcoming earnings date has been announced for ManpowerGroup Inc. (MAN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MAN? — Investment Thesis Summary
The quantitative profile for ManpowerGroup Inc. suggests caution. Momentum is weak at 24/100, a headwind for near-term performance.
In summary, ManpowerGroup Inc. (MAN) earns a Reduce rating with a composite score of 44.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MAN stock.
Related Resources for MAN Investors
Explore more research and tools: MAN vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MAN head-to-head with peers: MAN vs SOBO, MAN vs TEN, MAN vs GLDD.