ManpowerGroup

Human Resources & Recruiting consulting outsourcing recruiting skill assessment training

ManpowerGroup is a multinational human resource consulting firm, providing recruitment and assessment, training and development, career management, outsourcing, and workforce consulting. ManpowerGroup delivers workforce expertise and talent-related capabilities that companies need to unleash the power of their people, through its brands - Manpower, Experis, Right Management and ManpowerGroup Solutions, providing comprehensive solutions to resource, manage and develop talent.

Company Growth (employees)

Type

Public

Milwaukee, US

Founded

1948

Size (employees)

28,000 (est)+4%

Website

manpowergroup.com

ManpowerGroup was founded in 1948 and is headquartered in Milwaukee, US

Key People at ManpowerGroup

Jonas Prising

Chairman & CEO

Jack McGinnis

Executive Vice President and CFO

Mike Van Handel

Senior Executive Vice President

Ram Chandrashekar

Executive Vice President, Operational Excellence and IT and President, Asia Pacific Middle East

Richard Buchband

Senior Vice President, General Counsel and Secretary

Mara Swan

Executive Vice President, Global Strategy and Talent

Darryl Green

President & COO

ManpowerGroup Office Locations

ManpowerGroup has an office in Milwaukee

Milwaukee, US (HQ)

100 Manpower Pl

ManpowerGroup Data and Metrics

ManpowerGroup Financial Metrics

ManpowerGroup's revenue was reported to be $4.8 b in Q1, 2017

Summary

USD

ManpowerGroup's current market capitalization is $7.4 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	20.3 b	20.8 b	19.3 b	19.7 b
Revenue growth, %		3%	(7%)	2%
Cost of goods sold	16.9 b	17.3 b	16 b	16.3 b
Gross profit	3.4 b	3.5 b	3.3 b	3.3 b
Gross profit Margin, %	17%	17%	17%	17%
General and administrative expense				2.6 b
Operating expense total				2.6 b
EBIT	511.9 m	719.9 m	688.9 m	750.8 m
EBIT margin, %	3%	3%	4%	4%
Pre tax profit	475.5 m	681.6 m	660.7 m	701.3 m
Income tax expense	187.5 m	254 m	241.5 m	257.6 m
Net Income	288 m	427.6 m	419.2 m	443.7 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	5.3 b	5.4 b	4.5 b	4.9 b	5 b	4.6 b	5 b	5.1 b	4.8 b
Cost of goods sold	4.4 b	4.5 b	3.8 b	4 b	4.1 b	3.8 b	4.2 b	4.2 b	4 b
Gross profit	897.3 m	905.6 m	762 m	830.6 m	852.1 m	773.8 m	860.7 m	858.3 m	787.8 m
Gross profit Margin, %	17%	17%	17%	17%	17%	17%	17%	17%	17%
General and administrative expense	709.9 m	693.3 m	639.2 m	651.9 m	645.8 m	642.1 m	664.7 m	647.2 m	660.8 m
Operating expense total	709.9 m	693.3 m	639.2 m	651.9 m	645.8 m	642.1 m	664.7 m	647.2 m	660.8 m
EBIT	187.4 m	212.3 m	122.8 m	178.7 m	206.3 m	131.7 m	196 m	211.1 m	127 m
EBIT margin, %	4%	4%	3%	4%	4%	3%	4%	4%	3%
Pre tax profit	179.5 m	202.4 m	112.2 m	171.5 m	196.9 m	119 m	185.7 m	199.7 m	112.1 m
Income tax expense	69.7 m	71.9 m	46.5 m	65.8 m	73 m	47.3 m	70.3 m	70.5 m	37.7 m
Net Income	179.9 m	310.4 m	65.7 m	171.4 m	295.3 m	71.7 m	187.1 m	316.3 m	74.4 m

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	737.6 m	699.2 m	730.5 m	598.5 m
Current Assets	5.2 b	5 b	5.1 b	5.1 b
Goodwill	1.1 b	1.1 b	1.3 b	1.2 b
Total Assets	7.3 b	7.2 b	7.5 b	7.6 b
Accounts Payable	1.5 b	1.5 b	1.7 b	1.9 b
Total Debt	517.9 m	469.1 m	855.1 m	825.4 m
Current Liabilities	3.5 b	3.4 b	3.5 b	3.7 b
Additional Paid-in Capital	3 b	3.1 b	3.2 b	3.2 b
Retained Earnings	1.3 b	1.7 b	2 b	2.3 b
Total Equity	2.9 b	2.9 b	2.7 b	2.4 b
Debt to Equity Ratio	0.2 x	0.2 x	0.3 x	0.3 x
Debt to Assets Ratio	0.1 x	0.1 x	0.1 x	0.1 x
Financial Leverage	2.5 x	2.4 x	2.8 x	3.1 x

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	465.9 m	652.5 m	747.6 m	546.3 m	503.1 m	724.4 m
Current Assets	5 b	5.1 b	5.2 b	5.1 b	5.2 b	5.3 b
Goodwill	1.1 b	1.2 b	1.3 b	1.3 b	1.3 b	1.3 b
Total Assets	7.1 b	7.4 b	7.5 b	7.5 b	7.7 b	7.7 b
Accounts Payable	1.6 b	1.6 b	1.8 b	1.9 b	1.9 b	2 b
Current Liabilities	3.4 b	3.5 b	3.5 b	3.6 b	3.7 b	3.6 b
Additional Paid-in Capital	3.1 b	3.2 b	3.2 b	3.2 b	3.2 b	3.3 b
Retained Earnings	1.8 b	1.9 b	2 b	2.1 b	2.2 b	2.4 b
Total Equity	2.9 b	2.7 b	2.7 b	2.5 b	2.5 b	2.5 b
Financial Leverage	2.5 x	2.8 x	2.8 x	3 x	3.1 x	3 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	288 m	427.6 m	419.2 m	443.7 m
Depreciation and Amortization				85.3 m
Accounts Receivable	(82.6 m)	(270.5 m)	(369.8 m)	(317.2 m)
Cash From Operating Activities	396.7 m	306.2 m	511.5 m	600 m
Capital Expenditures	(44.7 m)	(51.5 m)	(52.3 m)	(56.9 m)
Short-term Borrowings	(5.7 m)	16 m	4.1 m	(300 k)
Long-term Borrowings	(269.5 m)	(2.6 m)	(2 m)	(6.4 m)
Dividends Paid	(72 m)	(77.3 m)	(121 m)	(118.4 m)
Interest Paid	43.5 m	36.6 m	32.2 m	36.6 m
Free Cash Flow	441.4 m	357.7 m	563.8 m	543.1 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	179.9 m	310.4 m	65.7 m	171.4 m	295.3 m	71.7 m	187.1 m	316.3 m	74.4 m
Depreciation and Amortization	43.2 m	64.3 m	18.7 m	37.6 m	57.1 m	21.3 m	42.6 m	64 m	20.3 m
Accounts Receivable	(223.6 m)	(355.4 m)	(54.3 m)	(280.1 m)	(331.7 m)	44.2 m	(182.8 m)	(277.3 m)	50.3 m
Cash From Operating Activities		104.9 m			282.8 m	164.6 m	262.1 m	402.5 m	191 m
Capital Expenditures	(20.6 m)	(32.8 m)	(9.9 m)	(20.1 m)	(33.3 m)	(16.6 m)	(30.8 m)	(42.6 m)	(10.8 m)
Short-term Borrowings	15.9 m	10.2 m	3.4 m	(1.8 m)	(2.3 m)	(9.9 m)	(15 m)	(3.9 m)	(3.6 m)
Long-term Borrowings	(1.2 m)	(1.6 m)	(1.2 m)	(1.5 m)	(1.9 m)	(5.9 m)	(6 m)	(6.3 m)	(100 k)
Dividends Paid	(39 m)	(39 m)		(62.1 m)	(62.1 m)		(60.8 m)	(60.8 m)
Interest Paid	28.8 m	33.2 m	3.6 m	25.3 m	28.7 m	2.5 m	22.8 m	33.6 m	2.8 m
Free Cash Flow		72.1 m			249.5 m	148 m	231.3 m	359.9 m	180.2 m

Ratios

USD	Y, 2017
Revenue/Employee	169.9 k
Financial Leverage	3 x

ManpowerGroup Acquisitions / Subsidiaries

Acquired Company	Date	Deal Size
Web Development Company	January 23, 2011

ManpowerGroup Market Value History

Market Position of ManpowerGroup

Competitors

Kelly Services

Human Resources & Recruiting - Public

Robert Half

Human Resources & Recruiting - Public

Hays

Human Resources & Recruiting - Public

Resourcing Edge

Human Resources & Recruiting - Private

Compare competitors

ManpowerGroup

Company Growth (employees)

Key People at ManpowerGroup

Jonas Prising

Jack McGinnis

Mike Van Handel

Ram Chandrashekar

Richard Buchband

Mara Swan

Darryl Green

ManpowerGroup Office Locations

ManpowerGroup Data and Metrics

ManpowerGroup Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (25-Jul-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Current Assets

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Cash From Operating Activities

Capital Expenditures

Short-term Borrowings

Long-term Borrowings

Dividends Paid

Interest Paid

Free Cash Flow