← ManpowerGroup Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $443.7m | $545.4m | $556.7m | $465.7m | $23.8m | $382.4m | $373.8m | $88.8m | $145.1m | ($13.3m) | — | |
| Depreciation, Depletion and Amortization | $85.3m | $84.4m | $85.8m | $77.2m | $76.3m | $73.4m | $84.6m | $88.6m | $86.6m | $86.0m | $84.3m | |
| Amortization of Intangible Assets | $36.0m | $34.6m | $35.1m | $29.8m | $27.2m | $24.2m | $37.1m | $34.6m | $32.7m | $31.3m | — | |
| Capitalized Computer Software, Amortization | $1.9m | $1.3m | $1.5m | $2.0m | $1.8m | $5.5m | $9.8m | $13.8m | — | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $84.6m | $88.6m | $86.6m | $86.0m | $84.3m | |
| Deferred Income Tax Expense (Benefit) | $74.0m | ($196.8m) | ($11.9m) | ($43.0m) | ($10.4m) | ($1.3m) | $4.8m | ($20.6m) | ($32.4m) | ($35.8m) | ($31.0m) | |
| Deferred Tax | — | — | — | — | — | — | $4.8m | ($20.6m) | ($32.4m) | ($35.8m) | ($31.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $27.1m | $28.7m | $27.8m | $26.3m | $24.2m | $36.8m | $37.6m | $28.7m | $27.3m | $26.3m | $24.6m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | ($58.1m) | — | |
| Goodwill, Impairment Loss | — | — | $0 | $64.0m | $66.8m | $0 | $50.0m | $55.1m | $0 | $88.7m | $0 | |
| Operating Lease, Impairment Loss | — | — | — | — | $27.3m | $0 | $0 | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $50.0m | $57.3m | $0 | $88.7m | $0 | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | $80.4m | — | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $3.6m | $15.0m | $1.2m | $50.5m | $4.6m | $11.8m | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | $85.7m | ($4.8m) | $14.7m | $16.3m | $17.4m | $13.7m | $17.4m | — | |
| Other Nonoperating Income (Expense) | ($12.4m) | ($16.7m) | $400k | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $88.9m | $103.9m | $105.2m | $3.4m | $8.0m | $11.8m | $4.3m | $11.5m | $16.9m | $6.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($139.7m) | $98.7m | $65.4m | ($269.3m) | ($58.5m) | |
| Increase (Decrease) in Accounts Receivable | $317.2m | $544.9m | $146.4m | $80.2m | ($586.9m) | $640.9m | ($28.8m) | ($391.8m) | ($261.1m) | $142.3m | ($199.4m) | |
| Change In Receivables | — | — | — | — | — | — | $28.8m | $391.8m | $261.1m | ($142.3m) | ($199.4m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $28.8m | $391.8m | $261.1m | ($142.3m) | ($199.4m) | |
| Change In Other Current Assets | — | — | — | — | — | — | $47.5m | ($45.2m) | ($131.8m) | ($74.5m) | ($74.0m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($135.1m) | ($103.2m) | ($79.6m) | ($10.0m) | $137.7m | |
| Net Cash Provided by (Used in) Operating Activities | $600.0m |
$400.9m
-33.18%
|
$483.1m
+20.50%
|
$814.4m
+68.58%
|
$936.4m
+14.98%
|
$644.8m
-31.14%
|
$423.3m
-34.35%
|
$348.2m
-17.74%
|
$309.2m
-11.20%
|
($104.1m)
-133.67%
|
$109.7m
+205.38%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $56.9m | $54.7m | $64.7m | $52.9m | $50.7m | $64.2m | ($75.6m) | ($78.2m) | ($51.1m) | ($57.3m) | ($40.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $57.6m | $32.7m | $9.1m | ($77.8m) | $700k | $924.4m | $16.4m | $0 | $4.9m | $1.0m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($110.4m) | ($74.5m) | ($54.9m) | ($16.2m) | ($42.4m) | ($987.0m) | ($85.3m) | ($74.1m) | ($68.2m) | ($59.2m) | $48.2m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $6.4m | $400k | $408.6m | $1.3m | $400k | $2.2m | $412.2m | $4.4m | $1.6m | $700k | ($586.1m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $100k | $583.3m | $9.6m | $2.7m | $500k | $421.3m | $1.0m | $3.7m | $586.8m | $454.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $421.3m | $1.0m | $3.7m | $586.8m | $454.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $421.3m | $1.0m | $3.7m | $586.8m | $454.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($487.2m) | ($4.4m) | ($1.6m) | ($700k) | ($586.1m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($58.7m) | ($16.2m) | $16.1m | $600.5m | ($201.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($65.9m) | ($3.4m) | $2.1m | $586.1m | ($132.1m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $7.2m | ($12.8m) | $14.0m | $14.4m | ($69.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($487.2m) | ($4.4m) | ($1.6m) | ($700k) | ($586.1m) | |
| Payments for Repurchase of Common Stock | $482.2m | $203.9m | $500.7m | $203.0m | $264.7m | $210.0m | $270.0m | $179.8m | $140.0m | $38.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $118.4m | $123.7m | $127.3m | $129.3m | $129.1m | $136.6m | $139.9m | $144.3m | $145.8m | $66.7m | ($66.9m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($139.9m) | ($144.3m) | ($145.8m) | ($66.7m) | ($66.9m) | |
| Common Stock Payments | — | — | — | — | — | — | ($270.0m) | ($179.8m) | ($140.0m) | ($38.2m) | ($300k) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($270.0m) | ($179.8m) | ($140.0m) | ($38.2m) | ($300k) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($270.0m) | ($179.8m) | ($140.0m) | ($38.2m) | ($300k) | |
| Payments of Dividends | — | — | — | — | — | $136.6m | $139.9m | $144.3m | $145.8m | $66.7m | ($66.9m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($139.9m) | ($144.3m) | ($145.8m) | ($66.7m) | ($66.9m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($5.3m) | ($600k) | ($3.0m) | ($3.9m) | ($3.4m) | |
| Net Cash Provided by (Used in) Financing Activities | — | ($319.3m) |
($484.9m)
-51.86%
|
($337.4m)
+30.42%
|
($435.2m)
-28.99%
|
($283.7m)
+34.81%
|
($482.1m)
-69.93%
|
($349.5m)
+27.50%
|
($282.4m)
+19.20%
|
$485.5m
+271.92%
|
($275.3m)
-156.70%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($24.0m) | $83.4m | ($40.4m) | $433.9m | $541.3m | ($719.3m) | ($208.8m) | ($57.7m) | ($71.9m) | $361.6m | $172.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $847.8m | $639.0m | $581.3m | $509.4m | $289.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.0b | $1.6b | $847.8m | $639.0m | $581.3m | $509.4m | $871.0m | $172.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($24.0m) | $83.4m | ($40.4m) | ($26.9m) | $82.5m | ($93.4m) | ($64.7m) | $17.7m | ($30.5m) | $39.4m | $8.2m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($64.7m) | $17.7m | ($30.5m) | $39.4m | $8.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $36.6m | $37.0m | $49.9m | $42.4m | $40.8m | $37.0m | $38.2m | $75.9m | $84.9m | $97.5m | — | |
| Income Taxes Paid, Net | $163.9m | $127.1m | $184.6m | $179.2m | $149.8m | $139.7m | $201.6m | $182.2m | $187.6m | $147.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | $2.0m | $2.0m | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.8m) | ($800k) | ($1.4m) | ($6.7m) | ($4.9m) | ($5.2m) | ($11.9m) | ($21.8m) | ($6.2m) | ($6.5m) | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $2.1m | — | — | — | — | |
| General and Administrative Expense | — | — | — | $121.9m | $113.9m | $154.3m | $157.0m | $153.7m | $146.1m | $184.7m | — | |
| Goodwill | $1.2b | $1.3b | $1.3b | $1.3b | $1.2b | $1.7b | $1.6b | $1.6b | $1.6b | $1.5b | $0 | |
| Income Tax Expense (Benefit) | $257.6m | $191.9m | $198.0m | $219.8m | $123.9m | $185.7m | $183.3m | $117.1m | $111.7m | $106.7m | — | |
| Operating Expenses | — | — | $110.0m | — | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | ($35.2m) | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | $21.7m | $23.3m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($482.1m) | ($349.5m) | ($282.4m) | $485.5m | ($275.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($85.3m) | ($74.1m) | ($68.2m) | ($59.2m) | $48.2m | |
| Change In Account Payable | — | — | — | — | — | — | ($80.9m) | ($144.7m) | $15.7m | ($42.5m) | $77.2m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($208.8m) | ($57.7m) | ($71.9m) | $361.6m | — | |
| Change In Payable | — | — | — | — | — | — | ($80.9m) | ($144.7m) | $15.7m | ($42.5m) | $77.2m | |
| Changes In Cash | — | — | — | — | — | — | ($144.1m) | ($75.4m) | ($41.4m) | $322.2m | ($117.4m) | |
| End Cash Position | — | — | — | — | — | — | $639.0m | $581.3m | $509.4m | $871.0m | $172.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($482.1m) |
($349.5m)
+27.50%
|
($282.4m)
+19.20%
|
$485.5m
+271.92%
|
($275.3m)
-156.70%
|
|
| Free Cash Flow | — | — | — | — | — | — | $347.7m | $270.0m | $258.1m | ($161.4m) | $68.9m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $6.0m | $1.3m | $8.2m | $6.2m | ($24.5m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($85.3m) | ($74.1m) | ($68.2m) | ($59.2m) | $48.2m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($9.7m) | $4.1m | ($17.1m) | ($1.9m) | $88.7m | |
| Operating Gains Losses | — | — | — | — | — | — | $6.0m | $1.3m | $8.2m | $6.2m | ($24.5m) | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($8.2m) | ($8.6m) | ($9.7m) | ($6.2m) | ($3.0m) | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $6.2m | $5.4m | $9.0m | $7.1m | $10.6m | |
| Purchase Of Business | — | — | — | — | — | — | ($16.4m) | $0 | ($19.5m) | ($3.1m) | $0 | |
| Sale Of Business | — | — | — | — | — | — | $6.7m | $4.1m | $2.4m | $1.2m | $1.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $37.6m | $28.7m | $27.3m | $26.3m | $24.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.