ManpowerGroup Inc. (MAN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MAN Revenue Growth
Revenue Breakdown (FY 2024)
MAN's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
MAN Revenue Analysis (2014–2025)
As of May 8, 2026, ManpowerGroup Inc. (MAN) generated trailing twelve-month (TTM) revenue of $17.96 billion, reflecting solid growth of +7.1% year-over-year. The most recent quarter (Q4 2025) recorded $4.71 billion in revenue, up 1.7% sequentially.
Looking at the longer-term picture, MAN's 5-year compound annual growth rate (CAGR) stands at -0.0%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $21.99 billion in 2018.
Revenue diversification analysis shows MAN's business is primarily driven by StaffingandInterim (87%), Outcome-BasedSolutionsandConsulting (7%), and PermanentRecruitment (3%). With over half of revenue concentrated in StaffingandInterim, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including RHI (-7.2% YoY), KELYA (-30.7% YoY), and HSII (+11.1% YoY), MAN has underperformed the peer group in terms of revenue growth. Compare MAN vs RHI →
MAN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $18.0B | +7.1% | -0.0% | 1.3% | ||
| $5.4B | -7.2% | +1.0% | 1.4% | ||
| $4.3B | -30.7% | -1.2% | -1.6% | ||
| $1.1B | +11.1% | +9.0% | 0.7% | ||
| $1.3B | -3.9% | -1.0% | 3.8% | ||
| $1.6B | -18.8% | -2.6% | -1.7% |
MAN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $17.96B | +0.6% | $3.00B | 16.7% | $238.8M | 1.3% |
| 2024 | $17.85B | -5.6% | $3.09B | 17.3% | $306.0M | 1.7% |
| 2023 | $18.91B | -4.6% | $3.36B | 17.8% | $255.8M | 1.4% |
| 2022 | $19.83B | -4.3% | $3.57B | 18.0% | $660.5M | 3.3% |
| 2021 | $20.72B | +15.1% | $3.41B | 16.4% | $585.4M | 2.8% |
| 2020 | $18.00B | -13.7% | $2.82B | 15.7% | $370.9M | 2.1% |
| 2019 | $20.86B | -5.1% | $3.38B | 16.2% | $644.9M | 3.1% |
| 2018 | $21.99B | +4.5% | $3.58B | 16.3% | $796.7M | 3.6% |
| 2017 | $21.03B | +7.0% | $3.48B | 16.6% | $788.2M | 3.7% |
| 2016 | $19.65B | +1.7% | $3.33B | 17.0% | $750.8M | 3.8% |
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Start ComparisonMAN — Frequently Asked Questions
Quick answers to the most common questions about buying MAN stock.
Is MAN's revenue growth accelerating or slowing?
MAN maintains +7.1% revenue growth, in line with its 5-year CAGR of -0.0%. TTM revenue stands at $18.0B. Growth rate remains consistent with historical average.
What is MAN's long-term revenue growth rate?
ManpowerGroup Inc.'s 5-year revenue CAGR of -0.0% reflects the sustained expansion pattern. Current YoY growth of +7.1% is near this long-term average.
How is MAN's revenue distributed by segment?
MAN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.