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ManpowerGroup, Inc. MAN Southern Europe — Severance Costs1

Other segment segments

Northern Europe
$4.8M-57.5%
Americas
$3M
Apme
$400K

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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:SeveranceCosts1.

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
Line itemAmericas(a)Southern Europe(b)Northern EuropeAPMECorporateTotal
Balance, December 31, 2025$2.7$8.0$24.2$0.2$35.1
Severance costs9.27.74.80.422.1
Lease costs(c)0.50.5
Non-cash charges(0.5)(0.5)
Costs paid(6.0)(8.9)(16.6)(0.5)(32.0)
Balance, June 30, 2026$5.9$6.8$12.4$0.1$25.2

Item 1 – Financial Statements (unaudited)

FAQ

What is ManpowerGroup, Inc.'s southern europe — severance costs1?
ManpowerGroup, Inc. (MAN) reported southern europe — severance costs1 of $3.7M in Q2 2026.
How has ManpowerGroup, Inc.'s southern europe — severance costs1 changed year-over-year?
ManpowerGroup, Inc.'s southern europe — severance costs1 increased by 68.2% year-over-year, from $2.2M to $3.7M.
What does southern europe — severance costs1 mean?
These are the expenses incurred by the Southern Europe segment specifically related to employee termination benefits and severance packages. High or increasing costs in this category often signal significant organizational downsizing or structural shifts within the regional operations.

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