CluenexManpowerGroup MAN
ManpowerGroup scores weak on business quality (2.9 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What ManpowerGroup does
ManpowerGroup connects millions of workers to employers through contingent staffing, permanent recruitment, and workforce consulting services. Enterprises pay fees and bill rates to secure outsourced talent across global markets.
- What it does best
ManpowerGroup anchors its position in global workforce solutions through deep enterprise client relationships across the Industrials sector. Unlike peer RHI, which posts a 36.8% gross margin, Manpower operates on a tighter 16.2% gross margin while managing massive global placement volume.
- The main risk
Shrinking cash reserves and a debt load of $1.7 billion threaten operational flexibility during economic slowdowns. With net debt climbing to $806 million, any prolonged drop in corporate hiring leaves little room to service obligations without further strain.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin rests at an ultra-thin 1.5% and net margin sits at 0.6%, resulting in a bottom-quartile sector rank for profitability.
A weak moat in the bottom quartile of its sector leaves Manpower vulnerable to low-cost staffing rivals and clients building internal recruitment tools.
Revenue ticked up 0.6% to $18.7 billion, showing a slight pulse after years of contraction from 2021 levels near $20.7 billion.
Total debt sits at $1.7 billion against $871 million in cash, leaving net debt at $806 million. Free cash flow dropped to $69 million over the latest period, reflecting a softer financial baseline.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on MAN
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
ManpowerGroup scores weak on the Cluenex quality check (2.9 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health weak.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 15, 2026, before the open.
See MAN today
- Today's verdict on MAN, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “ManpowerGroup (MAN)”, https://cluenex.com/stocks/man/, data as of Oct 10, 2026.