Loading...
•
Dec 31, 2025
ManpowerGroup Q4 2025 Earnings Report
ManpowerGroup reported its fourth quarter 2025 results, showing revenue growth and improved earnings per share compared to the prior year.
Key Takeaways
ManpowerGroup delivered solid fourth-quarter results with revenues of $4.7 billion, a 7% increase year-over-year, and diluted EPS of $0.64. Excluding restructuring costs and other charges, non-GAAP EPS was $0.92. The company saw ongoing stabilization in North America and Europe, with market-leading growth in Italy and sequential improvement in France.
Revenues for the fourth quarter increased by 7% to $4.7 billion, or 1% in constant currency, demonstrating stabilization in market trends.
Diluted earnings per share were $0.64, a significant increase from $0.47 in the prior year period.
Non-GAAP diluted earnings per share, excluding special items, reached $0.92, reflecting a 17% decrease in constant currency.
Gross profit margin stood at 16.3%, impacted by softer permanent recruitment activity in Europe, while staffing margin trends remained steady.
Revenue by Geographic Location
Forward Guidance
ManpowerGroup anticipates diluted earnings per share for the first quarter of 2026 to be between $0.45 and $0.55, including an estimated favorable currency impact of 6 cents and a 43.0% effective tax rate.
Positive Outlook
- Anticipated diluted EPS for Q1 2026 is between $0.45 and $0.55.
- Estimated favorable currency impact of 6 cents on Q1 2026 EPS.
- Opportunity to capitalize on improving market demand.
- Continued execution of technology initiatives to diversify capabilities.
- Agile execution of disciplined transformation to drive productivity gains and operating leverage.
Challenges Ahead
- The effective tax rate for Q1 2026 is estimated at 43.0%.
- Permanent recruitment faced continued headwinds in North America.
- Softer than expected permanent recruitment activity in Europe impacted gross profit margin.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...