ManpowerGroup (MAN)

ManpowerGroup®, the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands - Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions - creates substantially more value for candidates and clients across 80 countries and territories and has done so for over 70 years. In 2019, ManpowerGroup was named one of Fortune's Most Admired Companies for the seventeenth year and one of the World's Most Ethical Companies for the tenth year, confirming our position as the most trusted brand in the industry.

Company profile

Ticker

MAN

Exchange

NYSE

Website

www.manpowergroup.com

CEO

Jonas Prising

Incorporated

Wisconsin

Location

Wisconsin

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Human Resources Consulting Services

Industry (SIC)

Services - Help Supply Services

Kelly Services • Robert Half International • ASGN • TTEC • Insperity • TrueBlue • Volt Information Sciences • AMN Healthcare Services • Kforce • Cross Country Healthcares, Inc. - Registered Shares ...

Former names

MANPOWER INC /WI/

SEC CIK

0000871763

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Benefits S.A. • Right Management Argentina S.A. • Salespower S.A. • Greythorn Pty Ltd. • Manpower Services (Australia) Pty. Ltd. • Marks Sattin (Australia) Pty Limited • Marks Sattin Holdings • Right Management Consultants (OC) Pty Ltd. • Right Management Consultants Holdings Pty Ltd • Right Management Consultants International Pty Ltd ...

IRS number

391672779

MAN stock data

1M 1Y 5Y

News

From Benzinga Pro

Barclays Maintains Underweight on ManpowerGroup, Lowers Price Target to $80

22 Jul 22

Barclays analyst Manav Patnaik maintains ManpowerGroup (NYSE:MAN) with a Underweight and lowers the price target from $100 to $80.

ManpowerGroup Q2 Results Miss Street View

19 Jul 22

High-Yielding ManpowerGroup Inc. Goes On Sale

19 Jul 22

ManpowerGroup (NYSE: MAN) certainly had a mixed quarter but the news is more bullish than not. While the revenue and earnings both fell short of the Marketbeat.com consensus estimates margins widened, cash flow was strong, shares were repurchased, and the dividend was paid.

ManpowerGroup: Q2 Earnings Insights

19 Jul 22

ManpowerGroup Q2 Adj. EPS $2.33 Misses $2.34 Estimate, Sales $5.07B Miss $5.27B Estimate

19 Jul 22

Press releases

From Benzinga Pro

ManpowerGroup Reports 2nd Quarter 2022 Results

19 Jul 22

Revenues of $5.1 billion (-4% as reported, +6% constant currency (CC))Gross profit margin of 18.2%, aided by high levels of permanent recruitment activityContinued strong performance of higher margin brands with

ManpowerGroup to Announce 2nd Quarter 2022 Earnings Results

30 Jun 22

MILWAUKEE, June 30, 2022 /PRNewswire/ -- ManpowerGroup (NYSE:MAN), the world leader in innovative workforce solutions, today announced that it plans to release 2nd quarter earnings results before the market opens on

THE NEW AGE OF TECH TALENT: EXPERIS RELEASES NEW REPORT SHOWING 'SOFT SKILLS ARE THE NEW POWER SKILLS'

15 Jun 22

Research demonstrates employers need to be more creative and innovative in their talent strategy approach MILWAUKEE, June 15, 2022 /PRNewswire/ -- While IT skills needs are evolving faster than ever, and specialized

FROM SURVIVING A GLOBAL PANDEMIC TO THRIVING AT WORK: MANPOWERGROUP RESEARCH EXPLORES WHAT FLEXIBILITY MEANS FOR WORKERS; PARTNERS WITH THRIVE TO IDENTIFY WAYS EMPLOYERS CAN SUPPORT EMPLOYEE WELL-BEING

9 Jun 22

ManpowerGroup Talent Solutions Named a Star Performer and Global Leader in Recruitment Process Outsourcing by Everest Group

7 Jun 22

Analyst ratings and price targets

Last 3 months

Average target

$80.67

Low target

$78.00

High target

$84.00

Calendar

5 Aug 22

19 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MAN financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	886.2M	886.2M	886.2M	886.2M	886.2M	886.2M
Cash burn (monthly)	(no burn)	47.93M	(no burn)	(no burn)	16.43M	(no burn)
Cash used (since last report)	n/a	80.55M	n/a	n/a	27.61M	n/a
Cash remaining	n/a	805.65M	n/a	n/a	858.59M	n/a
Runway (months of cash)	n/a	16.8	n/a	n/a	52.2	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

MAN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Aug 22	Nettles Michelle	Common Stock	Payment of exercise	Dispose F	No	No	80.48	848	68.25K	10,939
15 Aug 22	Nettles Michelle	Common Stock	Payment of exercise	Dispose F	No	No	80.48	1,060	85.31K	9,165
14 Aug 22	Nettles Michelle	Common Stock	Option exercise	Acquire M	No	No	0	2,622	0	11,787
14 Aug 22	Nettles Michelle	Common Stock	Option exercise	Acquire M	No	No	0	3,277	0	10,225
14 Aug 22	Nettles Michelle	RSU Common Stock	Option exercise	Acquire M	No	No	0	2,622	0	0
14 Aug 22	Nettles Michelle	RSU Common Stock	Grant	Acquire A	No	No	83.88	42	3.52K	2,622
14 Aug 22	Nettles Michelle	RSU Common Stock	Option exercise	Acquire M	No	No	0	3,277	0	3,226
14 Aug 22	Nettles Michelle	RSU Common Stock	Grant	Acquire A	No	No	83.88	52	4.36K	6,503
1 Jun 22	Payne Ulice JR	Common Stock	Sell	Dispose S	No	No	86.69	600	52.01K	8,532
23 Feb 22	Donald O Mondano	Common Stock	Sell	Dispose S	No	No	108.27	1,531	165.76K	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

MAN institutional ownership history Ownership history

96.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	315	348	-9.5%
Opened positions	39	43	-9.3%
Closed positions	72	47	+53.2%
Increased positions	110	130	-15.4%
Reduced positions	123	125	-1.6%

13F shares	Current	Prev Q	Change
Total value	3.8B	4.78B	-20.4%
Total shares	49.83M	50.87M	-2.0%
Total puts	34.9K	62.9K	-44.5%
Total calls	15.9K	32K	-50.3%
Total put/call ratio	2.2	2.0	+11.7%

Largest owners	Shares	Value	Change
Vanguard	6.7M	$512.08M	+6.1%
Capital World Investors	6.34M	$484.69M	-4.5%
BLK Blackrock	4.97M	$379.87M	+4.2%
Victory Capital Management	2.55M	$194.62M	-10.6%
STT State Street	1.89M	$144.5M	-2.5%
FMR	1.73M	$132.01M	+2.8%
LSV Asset Management	1.71M	$130.9M	-0.3%
Dimensional Fund Advisors	1.5M	$114.25M	+3.8%
Aqr Capital Management	1.35M	$100.23M	+60.7%
Harris Associates L P	1.26M	$96.22M	-7.9%

Largest transactions	Shares	Bought/sold	Change
IVZ Invesco	1.05M	-791.55K	-43.0%
Aqr Capital Management	1.35M	+509.57K	+60.7%
Vanguard	6.7M	+383.86K	+6.1%
Victory Capital Management	2.55M	-302.82K	-10.6%
Capital World Investors	6.34M	-296.21K	-4.5%
Millennium Management	293.21K	+261.22K	+816.4%
Parametric Portfolio Associates	0	-258.97K	EXIT
MS Morgan Stanley	764.8K	+242.67K	+46.5%
Acadian Asset Management	167.38K	-238.57K	-58.8%
MNGPF Man	0	-230.12K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Kelly Services • Barrett Business Services • Kforce • Upwork • ShiftPixy • Recruit

Content analysis

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

New words: add, Agency, Agent, attached, bankruptcy, Chase, Citibank, commercial, construction, covenant, Culture, customary, default, description, entirety, ERISA, exhibit, expire, fee, Financing, foregoing, grid, herewith, inaccuracy, index, involuntary, JPMorgan, letter, London, Michelle, monetary, notional, occurrence, Overnight, People, pledge, rank, refinanced, Registrar, Secured, SOFR, syndicate, thereto, trending, yield

Removed: adverse, billing, difficult, fewer, predict, settlement, volatility, withholding

From filing 10-Q 2022 Q2

Financial reports

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