MAN ManpowerGroup, Inc.

ManpowerGroup, Inc. engages in the provision of workforce solutions and services. It operates through the following segments: Americas, Southern Europe, Northern Europe, Asia Pacific Middle East, and Right Management. The Americas segment offers services as Manpower, Experis, and ManpowerGroup Solutions through both branch and franchise offices. The Southern Europe segment provides permanent, temporary and contract recruitment, assessment and selection, training and outsourcing services. The Northern Europe includes comprehensive suite of workforce solutions and services through Manpower, Experis, ManpowerGroup Solutions in the United Kingdom, the Nordics, Germany, and the Netherlands. The Asia Pacific Middle East segment operates in Japan, Australia, Korea, China, and India. The Right Management segment delivers talent and career management workforce solutions. The company was founded by Elmer Winter and Aaron Scheinfeld in 1948 and is headquartered in Milwaukee, WI.

Company profile

Ticker

MAN

Exchange

NYSE

Website

www.manpowergroup.com

CEO

Jonas Prising

Incorporated in

Wisconsin

Location

Wisconsin

Fiscal year end

Dec 31

Sector

Commercial Services > Personnel Services

Industry (SEC)

Services - Help Supply Services

Kelly Services • Robert Half International • ASGN • TrueBlue • Insperity • AMN Healthcare Services • Kforce • Cross Country Healthcare • TTEC • RCM ...

Former names

Manpower Inc

SEC CIK

0000871763

Corporate docs

Articles of Incorporation & Bylaws

IRS number

391672779

MAN stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Company financial data Financial data

Chart MAN financial data

Quarter (USD)	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	5.2B	5.25B	5.37B	5.04B
Net income		146.1M	127.3M	53.5M
Diluted EPS	2.33	2.42	2.11	0.88
Net profit margin		2.78%	2.37%	1.06%
Operating income	191.6M	217M	130.8M	105.5M
Net change in cash	218.7M	36.7M	204.1M	-25.6M
Cash on hand	1.03B	807.1M	770.4M	566.3M
Cost of revenue	4.34B	4.41B	4.5B	4.24B

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	20.86B	21.99B	21.03B	19.65B
Net income		556.7M	545.4M	443.7M
Diluted EPS	7.72	8.56	8.04	6.27
Net profit margin		2.53%	2.59%	2.26%
Operating income	644.9M	796.7M	789.2M	745.5M
Net change in cash	433.9M	-97.1M	90.5M	-132M
Cash on hand	1.03B	591.9M	689M	598.5M
Cost of revenue	17.49B	18.41B	17.55B	16.32B

Financial data from company earnings reports

Institutional ownership Q4 2019

MAN institutional ownership history Ownership history

91.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	380	371	+2.4%
Opened positions	55	37	+48.6%
Closed positions	46	54	-14.8%
Increased positions	107	120	-10.8%
Reduced positions	152	138	+10.1%

13F shares	Current	Prev Q	Change
Total value	8.37B	4.53B	+84.9%
Total shares	53.8M	53.76M	+0.1%
Total puts	20.8K	57.3K	-63.7%
Total calls	34K	115.6K	-70.6%
Total put/call ratio	0.6	0.5	+23.4%

Largest owners	Shares	Value	Change
BLK BlackRock	6.61M	$641.4M	+2.9%
Vanguard	5.51M	$535.4M	-1.3%
Aqr Capital Management	2.83M	$274.36M	+3.2%
STT State Street	2.76M	$268.01M	-0.0%
LSV Asset Management	2.32M	$224.89M	+0.9%
Victory Capital Management	2.3M	$223.73M	+0.9%
Dimensional Fund Advisors	1.56M	$151.14M	-5.7%
Boston Partners	1.37M	$133.14M	-29.2%
Ajo	1.21M	$117.62M	-26.8%
Fiduciary Management	1.05M	$101.86M	-0.5%

Largest transactions	Shares	Bought/sold	Change
Acadian Asset Management	884.05K	+884.05K	NEW
Boston Partners	1.37M	-564.85K	-29.2%
Ajo	1.21M	-442.61K	-26.8%
Junto Capital Management	422.39K	+422.39K	NEW
Ensign Peak Advisors	385.39K	+385.39K	NEW
FHI Federated Hermes	322.33K	+298.53K	+1254.3%
JPM JPMorgan Chase & Co.	167.64K	-250.94K	-60.0%
Amundi Pioneer Asset Management	288.71K	+240.25K	+495.9%
DB Deutsche Bank	746.42K	-233.81K	-23.9%
D. E. Shaw & Co.	240.66K	-206.3K	-46.2%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

CDI • Kelly Services • Barrett Business Services • Kforce • Recruit • Upwork • Group • ShiftPixy • Recruit • Randstad

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Good

New words: acute, affiliated, aggressive, alter, amidst, analyst, annuity, AOCI, ASC, ascribe, ASU, Brightview, brought, CCPA, CECL, channel, CHF, choose, chose, civil, coalition, comparison, comparted, compromise, confirmed, confirming, convert, deconsolidated, deconsolidation, defensive, disagree, disagreed, discipline, divestiture, embedded, estate, evenly, explanatory, face, footprint, forum, impede, impeded, inception, injunctive, Inline, insignificant, instability, instance, interdependent, interpretation, IPO, Israel, launched, led, lessened, Leve, London, lump, main, mathematical, modest, NaN, noncash, OCI, OECD, orderly, overallotment, overshadowed, paragraph, parity, partnership, penetrate, perfectly, perpetually, prioritizing, proforma, pronounced, protest, real, realigned, recommended, recoverability, reevaluate, refinancing, regression, regularly, reimbursement, rejecting, relief, residual, scarcity, shortage, slight, slightly, span, spending, stagnate, stemming, stringent, sublease, sued, sum, swap, Sweden, taxation, Topic, twelve, unaudited, uncover, underfunded, understate, undertaken, unilateral, unpredictable, usage, view, widespread, wrote, Zealand

Removed: cyclical, Excellence, interrupted, par, prolonged, slowdown, withheld

From filing 10-K 2019 FY