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ManpowerGroup, Inc. MAN Northern Europe — Payments For Restructuring

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Other financials

Income statement

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Revenue$4.9B+7.5%
Gross profit$780.3M+2.2%
Operating income$112.0M+543%
Net income$53.5M+180%
EPS (diluted)$1.13+178%

Balance sheet

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Cash & equivalents$180.6M-37.7%
Total debt$1.4B-17.6%
Total equity$2.1B+5.6%
Total assets$8.4B-1.5%

Cash flow

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Operating cash flow-$2.7M+98.6%
CapEx$5.8M-67.0%
Free cash flow-$8.5M+95.9%

Valuation

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Market cap$2.63B+43.0%
Enterprise value$3.87B+18.3%
P/E381.5×
P/S0.1×0.0×

Profitability

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Gross margin16.2%-0.9pp
Operating margin1.5%+0.7pp
Net margin-0.1%
FCF margin-0.4%-2.0pp

Returns & leverage

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Return on equity-1%
Debt / equity0.7×-0.2×
Current ratio+0.1×

Where this comes from

Reported directly by ManpowerGroup, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRestructuring.

The source filing: ManpowerGroup, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 5:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340522

During the six months ended June 30, 2026, we recorded $22.6 in restructuring costs, of which $6.7 was recorded during the three months ended June 30, 2026. During the three and six months ended June 30, 2025, we recorded restructuring costs of $14.4 and $30.2, respectively. Payments made from the restructuring reserve were $14.2 and $32.0 during the three and six months ended June 30, 2026, respectively. We use our restructuring reserve for severance, office closures, office consolidations, and professional and other fees related to restructuring in multiple countries and territories. We expect a majority of the remaining $25.2 reserve will be paid by the end of 2026.

Item 1 – Financial Statements (unaudited)

FAQ

What is ManpowerGroup, Inc.'s northern europe — payments for restructuring?
ManpowerGroup, Inc. (MAN) reported northern europe — payments for restructuring of $7.5M in Q2 2026.
How has ManpowerGroup, Inc.'s northern europe — payments for restructuring changed year-over-year?
ManpowerGroup, Inc.'s northern europe — payments for restructuring decreased by 34.8% year-over-year, from $11.5M to $7.5M.
What is the long-term trend for ManpowerGroup, Inc.'s northern europe — payments for restructuring?
Over 4 years (2021 to 2025), ManpowerGroup, Inc.'s northern europe — payments for restructuring has grown at a 14.4% compound annual growth rate (CAGR), from $29.2M to $50M.
What does northern europe — payments for restructuring mean?
This represents the actual cash disbursed to settle obligations related to restructuring activities, such as severance payments or lease termination fees. It provides a clear view of the liquidity impact resulting from the execution of strategic organizational changes.

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