ManpowerGroup Inc.

NYSE:MAN Stock Report

Market Cap: US$1.4b

ManpowerGroup Dividends and Buybacks

Dividend criteria checks 2/6

ManpowerGroup is a dividend paying company with a current yield of 4.73%.

Key information

4.7%

Dividend yield

0.8%

Buyback Yield

Total Shareholder Yield5.5%
Future Dividend Yield7.0%
Dividend Growth5.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio-409%

Recent dividend and buyback updates

Analysis Article Nov 14

ManpowerGroup (NYSE:MAN) Will Pay A Dividend Of $0.72

ManpowerGroup Inc.'s ( NYSE:MAN ) investors are due to receive a payment of $0.72 per share on 15th of December. The...
Analysis Article May 14

ManpowerGroup's (NYSE:MAN) Dividend Is Being Reduced To $0.72

ManpowerGroup Inc.'s ( NYSE:MAN ) dividend is being reduced from last year's payment covering the same period to $0.72...

Recent updates

Narrative Update May 02

MAN: AI Hiring Partnership Will Support Higher Margins And Future Repricing Potential

Analysts have adjusted their price target on ManpowerGroup from $50 to $45, reflecting updated assumptions for slightly lower revenue growth and a lower future P/E multiple, partly offset by higher expected profit margins and a reduced discount rate. What's in the News At the AGM scheduled for May 8, 2026, shareholders will vote on amending ManpowerGroup’s Amended and Restated Articles of Incorporation to allow directors to be removed with or without cause.
Seeking Alpha Apr 17

ManpowerGroup: Better-Than-Expected Results And Guidance (Rating Upgrade)

Summary I revise my rating for ManpowerGroup from "Hold" to "Buy," after analyzing its performance and prospects. The group recorded a 1Q2026 EPS beat of +4.6%, thanks to robust European growth and effective cost management. Its 2Q2026 bottom-line guidance of $0.96/share is also above the $0.93 consensus; the near-term drivers are the expansion of its AI solutions into new markets and the U.S. business's turnaround. Read the full article on Seeking Alpha
Narrative Update Apr 17

MAN: AI Hiring Partnership Will Support Future Earnings Power And Repricing Potential

Analysts have nudged their price target for ManpowerGroup to $50.00, a small adjustment that reflects updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News At the May 8, 2026 AGM, shareholders are set to vote on amending ManpowerGroup’s Amended and Restated Articles of Incorporation to allow directors to be removed with or without cause (AGM agenda).
Narrative Update Apr 02

MAN: AI Hiring Partnership Will Support Future Earnings Power

Analysts now estimate ManpowerGroup's fair value at approximately $49.64, adjusted from the prior estimate of $50.00. This change reflects updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Mar 19

MAN: AI Hiring Partnership Will Support Future Cash Returns

Analysts are keeping their $50.00 price target for ManpowerGroup unchanged. They cite updated assumptions around a slightly higher discount rate, modestly different revenue growth and profit margin expectations, and a small adjustment to the forward P/E multiple that together support maintaining their prior valuation view.
New Narrative Mar 16

Consensus has confused a cyclical trough for a structural decline

I identified ManpowerGroup through a systematic screen of the entire S&P 1500 universe using a composite scoring framework I built combining CAPE valuation, earnings yield against the risk-free rate, Piotroski F-Score, ROIC, interest coverage, and insider buying signals. MAN scored 91.4 out of 100 on my final three-layer composite — the second highest score in my entire robust picks universe — making it one of the most compelling risk/reward opportunities I have found across 1,079 stocks.
Narrative Update Mar 04

MAN: Future Outlook Will Balance Modest Margin Gains With Fairly Priced Shares

Analysts have modestly raised their price target on ManpowerGroup, citing slightly higher assumptions for revenue growth, profit margins, and future P/E, while applying an updated discount rate to their $30.00 fair value estimate. Valuation Changes Fair Value: Maintained at $30.00 per share, with no change to the overall equity value estimate.
Narrative Update Feb 18

MAN: Saudi Partnership And Brand Expansion Will Support Future Cash Returns

Analysts have raised their ManpowerGroup fair value estimate to $50 from $48, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that collectively support a slightly higher long-term price target. What's in the News Mahah Human Resources Company signed a brand license agreement with ManpowerGroup to operate under the global "Manpower" brand in the Kingdom of Saudi Arabia, expanding the brand's presence in that market (Key Developments).
Narrative Update Feb 04

MAN: Future Outlook Will Face Lower Margins Despite Ongoing Expansion Initiatives

Analysts now place their price target for ManpowerGroup at $30.00, up from $29.14. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E expectations.
Narrative Update Jan 21

MAN: Saudi HR Partnership Will Support Future Cash Returns

Analysts have kept their ManpowerGroup fair value estimate steady at US$48.00, with updated assumptions showing higher projected revenue growth and a higher future P/E multiple, partly offset by a lower profit margin outlook and a slightly higher discount rate. What's in the News Mahah Human Resources Company signed a brand license agreement with ManpowerGroup to operate under the global "Manpower" brand in Saudi Arabia.
Narrative Update Jan 07

MAN: Saudi HR Expansion Will Support Future Cash Returns

Analysts have revised their fair value estimate for ManpowerGroup from US$70.00 to US$48.00, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. What's in the News Mahah Human Resources Company signed a brand license agreement with ManpowerGroup to operate under the global "Manpower" brand in Saudi Arabia, enabling a full range of HR services including staffing, recruitment, outsourcing and specialized workforce solutions in that market (Client Announcements).
Narrative Update Dec 24

MAN: Future Outlook Will Balance Higher Risk With Dividend And Expansion

Analysts have reduced their price target on ManpowerGroup from approximately $42 to about $29, citing higher discount rate assumptions despite stronger projected revenue growth, improving profit margins, and a lower future price to earnings multiple. What's in the News Mahah Human Resources Company signed a brand license agreement to operate under the Manpower brand in Saudi Arabia, expanding ManpowerGroup's presence and services in the Kingdom through subsidiary Growth Avenue Investment Company (Key Developments).
Narrative Update Dec 10

MAN: Dividend And Earnings Outlook Will Support Attractive Upside Potential

Analysts have trimmed their price target on ManpowerGroup by approximately 3 percent to about $40, citing slightly lower long term revenue growth and margin expectations, even as they assign a higher future P/E multiple. What's in the News Mahah Human Resources Company signed a brand license agreement to operate ManpowerGroup's business in Saudi Arabia under the Manpower brand, expanding access to staffing, recruitment, and workforce solutions in the Kingdom (Key Developments).
Narrative Update Nov 26

MAN: Dividend And Earnings Guidance Are Expected To Drive Performance Ahead

Analysts have slightly lowered their price target for ManpowerGroup from $42.00 to $41.56, reflecting recent reassessments of fair value and minor changes in profit expectations. What's in the News Mahah Human Resources Company signed a brand license agreement with ManpowerGroup, allowing Mahah to operate the "Manpower" brand in Saudi Arabia and provide comprehensive HR services.
Analysis Article Nov 14

ManpowerGroup (NYSE:MAN) Will Pay A Dividend Of $0.72

ManpowerGroup Inc.'s ( NYSE:MAN ) investors are due to receive a payment of $0.72 per share on 15th of December. The...
Narrative Update Nov 11

MAN: Dividend Increase And Earnings Outlook Will Drive Future Performance

Analysts have maintained their price target for ManpowerGroup at $42.00. This reflects minimal changes in underlying estimates and continuing cautious sentiment on profit margins and future growth.
Narrative Update Oct 28

AI Investment And Global Expansion Will Drive Efficiency Amid Market Changes

Narrative Update on ManpowerGroup Analyst Price Target Analysts have revised their fair value estimate for ManpowerGroup downward from $46.44 to $42.00. This change reflects slight adjustments to projected growth and margin expectations.
Narrative Update Oct 13

AI Investment And Global Expansion Will Increase Operational Efficiency

Analysts have revised their fair value estimate for ManpowerGroup downward from $49 to $46.44. They cite lower projected revenue growth and profit margins as the reason for this adjustment.
Analysis Article Aug 30

Is ManpowerGroup (NYSE:MAN) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 18

Is ManpowerGroup Inc. (NYSE:MAN) Potentially Undervalued?

ManpowerGroup Inc. ( NYSE:MAN ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article May 14

ManpowerGroup's (NYSE:MAN) Dividend Is Being Reduced To $0.72

ManpowerGroup Inc.'s ( NYSE:MAN ) dividend is being reduced from last year's payment covering the same period to $0.72...
Analysis Article May 02

Investors Give ManpowerGroup Inc. (NYSE:MAN) Shares A 27% Hiding

The ManpowerGroup Inc. ( NYSE:MAN ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Apr 25

Here's Why It's Unlikely That ManpowerGroup Inc.'s (NYSE:MAN) CEO Will See A Pay Rise This Year

Key Insights ManpowerGroup to hold its Annual General Meeting on 2nd of May Salary of US$1.30m is part of CEO Jonas...
Seeking Alpha Apr 20

ManpowerGroup: Downgrade To Strong Sell On High Likelihood Of Earnings Miss

Summary I am downgrading ManpowerGroup (MAN) to a strong sell due to accelerating revenue decline, poor European macro, and likely negative estimate revisions. 1Q25 results show no stabilization, with total revenue down 7.1% y/y and adjusted EPS falling 53.4% y/y to $0.44. The European macro environment is deteriorating, driven by U.S. tariffs and ECB rate cuts, severely impacting MAN's core regions. Despite a forward PE of ~10x, I see further downside to MAN's stock, especially if 2Q25 EPS guidance is missed. Read the full article on Seeking Alpha
Analysis Article Mar 22

ManpowerGroup (NYSE:MAN) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 07

Shareholders Should Be Pleased With ManpowerGroup Inc.'s (NYSE:MAN) Price

With a price-to-earnings (or "P/E") ratio of 20x ManpowerGroup Inc. ( NYSE:MAN ) may be sending bearish signals at the...
Analysis Article Feb 19

Is Now An Opportune Moment To Examine ManpowerGroup Inc. (NYSE:MAN)?

ManpowerGroup Inc. ( NYSE:MAN ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Feb 05

Are Investors Undervaluing ManpowerGroup Inc. (NYSE:MAN) By 49%?

Key Insights The projected fair value for ManpowerGroup is US$115 based on 2 Stage Free Cash Flow to Equity Current...
Seeking Alpha Jan 31

ManpowerGroup: Downgrading The Firm On Signs Of Further Weakness

Summary Despite missing Q4 2024 earnings and revenue expectations, ManpowerGroup stock rose 0.6%, reflecting market optimism. However, I am downgrading it to a 'hold'. ManpowerGroup has faced revenue and cash flow declines, making shares less attractive despite the stock's drop. Economic slowdowns and a strong dollar are key challenges. The company's Q4 2024 showed improved profitability, but overall annual performance weakened. Management forecasts further revenue and earnings declines in early 2025. Given the company's weakened financials and fair valuation, I believe downgrading MAN stock to a 'hold' is prudent, despite its interesting business model. Read the full article on Seeking Alpha
Analysis Article Dec 01

ManpowerGroup (NYSE:MAN) Will Be Hoping To Turn Its Returns On Capital Around

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Nov 15

We Think You Can Look Beyond ManpowerGroup's (NYSE:MAN) Lackluster Earnings

ManpowerGroup Inc.'s ( NYSE:MAN ) earnings announcement last week didn't impress shareholders. While the headline...
Analysis Article Nov 14

ManpowerGroup (NYSE:MAN) Is Due To Pay A Dividend Of $1.54

ManpowerGroup Inc.'s ( NYSE:MAN ) investors are due to receive a payment of $1.54 per share on 16th of December. This...
Analysis Article Nov 07

Does ManpowerGroup (NYSE:MAN) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
User avatar
New Narrative Oct 20

Advancing AI And Expanding Markets Promise Growth And Enhanced Margins

Advancements in AI and workforce mobility offer revenue growth potential as ManpowerGroup supports reskilling and adapts to specialized skills demand.
Seeking Alpha Oct 18

ManpowerGroup Q3 Earnings: A Bit More Of The Same, No Rush To Invest

Summary ManpowerGroup's Q3 '24 results showed mixed performance, with revenues slightly above expectations but EPS below, leading to a nearly 10% share price drop. The company's guidance for Q4, with lower-than-expected EPS and declining revenues, suggests continued market weakness and uncertainty. Despite cautious optimism, I see no clear signs of recovery; thus, I maintain a hold rating, awaiting better market conditions. Financially, ManpowerGroup remains stable, with operating income covering debt interest, but I'm not rushing to invest due to ongoing economic uncertainties. Read the full article on Seeking Alpha
Analysis Article Oct 04

Why Investors Shouldn't Be Surprised By ManpowerGroup Inc.'s (NYSE:MAN) Low P/S

With a price-to-sales (or "P/S") ratio of 0.2x ManpowerGroup Inc. ( NYSE:MAN ) may be sending bullish signals at the...
Analysis Article Aug 24

ManpowerGroup (NYSE:MAN) Will Be Looking To Turn Around Its Returns

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Aug 05

Is ManpowerGroup Inc. (NYSE:MAN) Potentially Undervalued?

ManpowerGroup Inc. ( NYSE:MAN ), might not be a large cap stock, but it saw significant share price movement during...
Seeking Alpha Jul 19

ManpowerGroup: Earnings Beat And Attractive Shareholder Yield Are Positives

Summary ManpowerGroup's actual Q2 2024 normalized EPS of $1.30 represented a +2.3% earnings beat, and there were no negative surprises associated with MAN's Q3 financial guidance. MAN's potential FY 2024 shareholder yield is in the high-single digit percentage range, considering consensus dividend forecasts and its actual 1H 2024 buybacks. My Buy rating for the Company stays unchanged in view of MAN's second quarter earnings beat and enticing shareholder yield. Read the full article on Seeking Alpha
Analysis Article Jul 17

These 4 Measures Indicate That ManpowerGroup (NYSE:MAN) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 17

Little Excitement Around ManpowerGroup Inc.'s (NYSE:MAN) Revenues

ManpowerGroup Inc.'s ( NYSE:MAN ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...
Analysis Article May 09

ManpowerGroup (NYSE:MAN) Has Announced That It Will Be Increasing Its Dividend To $1.54

ManpowerGroup Inc.'s ( NYSE:MAN ) periodic dividend will be increasing on the 14th of June to $1.54, with investors...
Analysis Article Apr 27

ManpowerGroup Inc.'s (NYSE:MAN) CEO Might Not Expect Shareholders To Be So Generous This Year

Key Insights ManpowerGroup's Annual General Meeting to take place on 3rd of May CEO Jonas Prising's total compensation...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MAN's dividend payments have been volatile in the past 10 years.

Growing Dividend: MAN's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

ManpowerGroup Dividend Yield vs Market
How does MAN dividend yield compare to the market?
SegmentDividend Yield
Company (MAN)4.7%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Professional Services)2.6%
Analyst forecast (MAN) (up to 3 years)7.0%

Notable Dividend: MAN's dividend (4.73%) is higher than the bottom 25% of dividend payers in the US market (1.39%).

High Dividend: MAN's dividend (4.73%) is in the top 25% of dividend payers in the US market (4.21%)


Earnings Payout to Shareholders

Earnings Coverage: MAN is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: MAN is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 16:41
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ManpowerGroup Inc. is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jasper HellwegArgus Research Company
Mark MarconBaird
Gary BisbeeBarclays