What is ManpowerGroup, Inc.'s US — discount rate?

ManpowerGroup, Inc. (MAN) reported US — discount rate of 9.4% in Q4 2025.

What does US — discount rate mean?

The discount rate represents the interest rate used to calculate the present value of future cash flows or pension and post-retirement benefit obligations within the US segment. It reflects the time value of money and the specific risks associated with the segment's long-term liabilities. Changes in this rate significantly impact the valuation of long-term obligations and reported financial position.

ManpowerGroup, Inc. MAN US — Discount Rate

Similar metrics at other companies

ONDSDiscount Rate

19%—

LKQDiscount rate used to determine interest cost

3.2%-0.5pp

UNMUnum US — Current discount rate

4.7%0.0pp

SPF

SPFIDiscount rate

9.7%-0.5pp

LKQDiscount rate used to determine service cost

3.2%-0.5pp

GLUnited American — Current discount rate

5.3%+0.2pp

Other financials

Income statement

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Revenue$4.5B+10.3%

Gross profit$723.0M+3.5%

Operating income$28.3M+0.4%

Net income$2.5M-55.4%

EPS (diluted)$0.05-58.3%

Balance sheet

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Cash & equivalents$224.9M-43.1%

Total debt$1.5B+4.7%

Total equity$2.1B-1.8%

Total assets$8.4B+4.4%

Cash flow

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Operating cash flow-$126.3M+17.6%

CapEx$9.0M-34.3%

Free cash flow-$135.3M+18.9%

Valuation

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Market cap$1.52B-14.9%

Enterprise value$2.83B-0.9%

P/S0.1×0.0×

Profitability

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Gross margin16.4%-0.8pp

Operating margin0.8%-0.7pp

Net margin-0.1%—

FCF margin-0.4%-2.0pp

Returns & leverage

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Return on equity-1%—

Debt / equity0.7×0.0×

Current ratio1.1×0.0×

Where this comes from

Reported directly by ManpowerGroup, Inc. in its filing.

Tagged under the XBRL concept man:DiscountRate.

The official record: ManpowerGroup, Inc.’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ManpowerGroup, Inc.'s US — discount rate?: ManpowerGroup, Inc. (MAN) reported US — discount rate of 9.4% in Q4 2025.
What does US — discount rate mean?: The discount rate represents the interest rate used to calculate the present value of future cash flows or pension and post-retirement benefit obligations within the US segment. It reflects the time value of money and the specific risks associated with the segment's long-term liabilities. Changes in this rate significantly impact the valuation of long-term obligations and reported financial position.