ManpowerGroup's 4th Quarter Results 2025
ManpowerGroup recently announced its fourth-quarter results for the end of December 2025, highlighting revenues of $4.7 billion. This reflects a 7% increase from the previous year, showcasing solid financial health despite global economic challenges. The report indicates a growth trajectory, primarily driven by stabilization across North American and European markets.
Key Highlights
The results display significant developments in several key areas:
- - Revenue Growth: With a reported increase of 7%, the growth is attributed to ongoing stabilization efforts in North America and Europe. Notably, Italy experienced market-leading growth, while France demonstrated sequential improvement, marking a positive trend in these regions.
- - Profit Margins: The gross profit margin stood at 16.3%. Although this reflects softer than expected activity in permanent recruitment in Europe, the overall staffing margin trends showed resilience compared to prior quarters.
- - Operating Cash Flow: ManpowerGroup reported strong cash flow from operating activities, a key indicator of financial stability. Additionally, the company refinanced a €500 million Euro Note, extending its financial flexibility into the next five years.
Year-over-Year Comparisons
When comparing the results with the previous year:
- - Net Earnings: The company reported net earnings of $30.2 million for the quarter, equivalent to $0.64 per diluted share, representing an increase from $22.5 million or $0.47 per diluted share in the prior year. Adjusting for certain costs including restructuring and currency translation losses, the earnings per share were $0.92, although this was a decrease of 17% in constant currency terms.
- - Overall Revenues: While the annual revenue showed a modest increase of 1% to $18.0 billion, it represented a decrease of 2% when adjusted for constant currency.
Strategic Outlook
Jonas Prising, Chair and CEO of ManpowerGroup, expressed optimism about the fourth quarter results. He noted that market trends are showing signs of improvement, and the company aims to capitalize on the anticipated rise in market demand. ManpowerGroup is focused on enhancing its technology initiatives to diversify capabilities and gain market share.
Looking ahead to the first quarter of 2026, the company anticipates diluted earnings per share between $0.45 and $0.55, factoring in a favorable currency impact. This cautious optimism aligns with the company's disciplined approach to transformation and cost management.
Conclusion
As ManpowerGroup prepares to navigate the first quarter of 2026, the results of the fourth quarter reflect a balance between current economic realities and proactive financial strategies. With strong performances in various regions, particularly in Italy and North America, ManpowerGroup is poised for potential growth as it continues to adjust to evolving market demands and technological changes. For more detailed insights and updates, investors and stakeholders are encouraged to join the upcoming conference call scheduled for January 29, 2026, where the company will delve deeper into these results and future projections.