Financials ManpowerGroup Inc.

Equities

MAN

US56418H1005

Employment Services

Market Closed - Nyse Other stock markets 04:00:02 2024-12-04 pm EST			5-day change	1st Jan Change
62.75 ^USD	+0.64%		-2.80%	-21.04%

Oct. 24	ManpowerGroup Insider Bought Shares Worth $498,240, According to a Recent SEC Filing	MT
Oct. 23	Analyst recommendations: McDonald's, Starbucks, Reddit, Walgreens Boots...

Projected Income Statement: ManpowerGroup Inc.

income-statement-evolution-chart MANPOWERGROUP-INC

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	20,864	18,001	20,724	19,828	18,914	17,936	18,108	18,877
Change	-	-13.72%	15.13%	-4.33%	-4.6%	-5.17%	0.96%	4.25%
EBITDA ¹	797.9	392.1	658.8	716.3	551	454.1	502.7	611.6
Change	-	-50.86%	68.03%	8.73%	-23.08%	-17.58%	10.68%	21.67%
EBIT ¹	720.7	315.8	585.4	631.7	462.4	374.8	417.6	533.6
Change	-	-56.18%	85.38%	7.91%	-26.8%	-18.94%	11.42%	27.78%
Interest Paid ¹	40.6	-39.9	-17.3	-24.6	-49.9	-43.4	-43.25	-39.5
Earnings before Tax (EBT) ¹	685.5	147.7	568.1	557.1	205.9	286.4	346.3	451.2
Change	-	-78.45%	284.63%	-1.94%	-63.04%	39.12%	20.89%	30.3%
Net income ¹	465.7	23.8	382.4	373.8	88.8	172	219.1	286.3
Change	-	-94.89%	1,506.72%	-2.25%	-76.24%	93.69%	27.4%	30.65%
Announcement Date	1/31/20	2/2/21	2/1/22	1/31/23	1/30/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dicembre	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	5,197	4,619	3,742	4,585	5,055	4,924	5,277	5,141	5,382	5,143	5,074	4,801	4,809	4,752	4,856	4,676	4,630	4,403	4,521	4,530	4,478	4,324	4,541	4,566	4,548	4,450	4,636	4,579
Change	-	-11.11%	-18.98%	22.52%	10.25%	-2.59%	7.17%	-2.59%	4.7%	-4.44%	-1.35%	-5.38%	0.17%	-1.18%	2.18%	-3.72%	-0.96%	-4.91%	2.67%	0.21%	-1.16%	-3.42%	5%	0.55%	-0.4%	-2.15%	4.18%	-1.22%
EBITDA ¹	211.7	102.9	35.2	80	174	116.3	186.4	167	189.1	160	201.9	182.9	171.5	138.9	143.9	130	131.9	93.3	127	100.8	110.2	96.28	122.6	126.9	124.9	111.7	148.9	139.6
Change	-	-51.39%	-65.8%	127.27%	117.46%	-33.15%	60.28%	-10.41%	13.23%	-15.39%	26.19%	-9.41%	-6.23%	-19.01%	3.6%	-9.66%	1.46%	-29.26%	36.08%	-20.6%	9.29%	-12.6%	27.38%	3.51%	-1.64%	-10.52%	33.3%	-6.26%
EBIT ¹	191.6	84.31	16.8	61.6	153.1	98.4	169.9	150.5	166.6	138.7	180.7	161.5	150.8	117.9	122.3	108.3	107.6	71.7	105.6	79	88.61	73.24	106.1	96.21	99.67	90.22	127.4	118.1
Change	-	-56%	-80.07%	266.67%	148.49%	-35.71%	72.66%	-11.42%	10.7%	-16.75%	30.28%	-10.63%	-6.63%	-21.82%	3.73%	-11.45%	-0.65%	-33.36%	47.22%	-25.16%	12.16%	-17.34%	44.88%	-9.33%	3.6%	-9.48%	41.24%	-7.31%
Charge d'intérêts ¹	-5.5	-20.5	-5.8	-6	-7.6	-5.4	-2.8	-4.9	-4.2	-2.7	-9.4	-4.7	-10.5	-7.5	-19.3	-15.1	-15.5	-8.4	-8.7	-11.6	-11	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	186.1	17.2	-55.8	55.6	130.7	93	167.1	145.6	162.4	136	174	156.8	90.3	110.4	95.8	54.7	-55	57.5	92.4	59.2	78.57	55.4	93.5	93.3	93.4	-	-	-
Change	-	-90.76%	-	-	135.07%	-28.84%	79.68%	-12.87%	11.54%	-16.26%	27.94%	-9.89%	-42.41%	22.26%	-13.22%	-42.9%	-	-	60.7%	-35.93%	32.71%	-29.49%	68.77%	-0.21%	0.11%	-100%	-	-
Net income ¹	138.8	1.7	-64.4	10.3	76.2	62	111.6	97.7	111.1	91.6	122.2	111.3	48.7	77.8	65.2	30.3	-84.5	39.7	60.1	22.8	49.05	43.95	60.44	58.81	59.33	56.13	81.24	75.51
Change	-	-98.78%	-	-	639.81%	-18.64%	80%	-12.46%	13.72%	-17.55%	33.41%	-8.92%	-56.24%	59.75%	-16.2%	-53.53%	-	-	51.39%	-62.06%	115.12%	-10.4%	37.53%	-2.7%	0.88%	-5.39%	44.74%	-7.06%
Announcement Date	1/31/20	4/21/20	7/20/20	10/20/20	2/2/21	4/20/21	7/20/21	10/19/21	2/1/22	4/19/22	7/19/22	10/20/22	1/31/23	4/20/23	7/20/23	10/19/23	1/30/24	4/18/24	7/18/24	10/17/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: ManpowerGroup Inc.

balance-sheet-analysis-chart MANPOWERGROUP-INC

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	47.6	-443	271	348	421	590	504	399
Change	-	-1,030.67%	-38.83%	28.41%	20.98%	40.04%	-14.58%	-20.83%
Announcement Date	1/31/20	2/2/21	2/1/22	1/31/23	1/30/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: ManpowerGroup Inc.

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	52.9	50.7	64.2	75.6	78.2	62.9	77.55	82
Change	-	-4.16%	26.63%	17.76%	3.44%	-19.57%	23.29%	5.74%
Free Cash Flow (FCF) ¹	761.5	885.7	580.6	347.7	270	114.2	235.3	270
Change	-	16.31%	-34.45%	-40.11%	-22.35%	-57.69%	105.98%	14.75%
Announcement Date	1/31/20	2/2/21	2/1/22	1/31/23	1/30/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: ManpowerGroup Inc.

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	3.82%	2.18%	3.18%	3.61%	2.91%	2.53%	2.78%	3.24%
EBIT Margin (%)	3.45%	1.75%	2.82%	3.19%	2.44%	2.09%	2.31%	2.83%
EBT Margin (%)	3.29%	0.82%	2.74%	2.81%	1.09%	1.6%	1.91%	2.39%
Net margin (%)	2.23%	0.13%	1.85%	1.89%	0.47%	0.96%	1.21%	1.52%
FCF margin (%)	3.65%	4.92%	2.8%	1.75%	1.43%	0.64%	1.3%	1.43%
FCF / Net Income (%)	163.52%	3,721.43%	151.83%	93.02%	304.05%	66.42%	107.38%	94.31%
Profitability
ROA	5.07%	2.3%	4.19%	3.94%	3.39%	2.53%	3.01%	3.92%
ROE	16.75%	8.25%	16.16%	15.05%	13.04%	10.37%	10.94%	13.54%
Financial Health
Leverage (Debt/EBITDA)	0.06x	-	0.41x	0.49x	0.76x	1.3x	1x	0.65x
Debt / Free cash flow	0.06x	-	0.47x	1x	1.56x	5.16x	2.14x	1.48x
Capital Intensity
CAPEX / Current Assets (%)	0.25%	0.28%	0.31%	0.38%	0.41%	0.35%	0.43%	0.43%
CAPEX / EBITDA (%)	6.63%	12.93%	9.74%	10.55%	14.19%	13.85%	15.43%	13.41%
CAPEX / FCF (%)	6.95%	5.72%	11.06%	21.74%	28.96%	55.06%	32.96%	30.37%
Items per share
Cash flow per share ¹	13.51	16.06	11.64	8.017	6.909	4.765	6.955	8.74
Change	-	18.92%	-27.54%	-31.12%	-13.82%	-31.03%	45.96%	25.66%
Dividend per Share ¹	2.18	2.26	2.52	2.72	2.94	3.065	3.042	3
Change	-	3.67%	11.5%	7.94%	8.09%	4.25%	-0.73%	-1.4%
Book Value Per Share ¹	45.79	41.87	45.52	46.35	44.64	45.47	47.03	50.26
Change	-	-8.57%	8.71%	1.83%	-3.68%	1.85%	3.43%	6.87%
EPS ¹	7.72	0.41	6.91	7.08	1.76	3.567	4.609	6.029
Change	-	-94.69%	1,585.37%	2.46%	-75.14%	102.69%	29.2%	30.82%
Nbr of stocks (in thousands)	58,962	57,533	54,240	50,557	48,809	46,936	46,936	46,936
Announcement Date	1/31/20	2/2/21	2/1/22	1/31/23	1/30/24	-	-	-