Business
ManpowerGroup Reports 3rd Quarter 2025 Results
ManpowerGroup (NYSE: MAN) today reported net earnings of $0.38 per diluted share for the three months ended September 30, 2025 compared to net earnings of $0.47 per diluted share in the prior year period. Net earnings in the quarter were
About this update from Manpowergroup
MILWAUKEE , Oct. 16, 2025 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $0.38 per diluted share for the three months ended September 30, 2025 compared to net earnings of $0.47 per diluted share in the prior year period. Net earnings in the quarter were $18.0 million compared to net earnings of $22.8 million a year earlier. Revenues for the third quarter were $4.6 billion, a 2% increase from the prior year period. The current year quarter included restructuring costs and Argentina hyperinflationary related non-cash currency translation losses which reduced earnings per share by $0.45 in the third quarter. Excluding these charges, earnings per share was $0.83 per diluted share in the quarter representing a decrease of 39% in constant currency. 1 Financial results in the quarter were also impacted by the U.S. dollar relative to foreign currencies compared to the prior year period. On a constant currency basis, revenues decreased 2% compared to the prior year period and on an organic constant currency basis, revenues increased 1% compared to the prior year period. Jonas Prising, ManpowerGroup Chair & CEO, said "After 11 consecutive quarters of organic constant currency revenue declines, we crossed back over to growth during the third quarter. The stabilization of demand in recent quarters in North America and Europe, despite ongoing tariff uncertainty, has been a key factor in the revenue trend improvement. Currently our entire organization has a relentless focus on two main outcomes - Winning In The Market to increase our market share and the acceleration of initiatives to remove structural costs from the organization to drive a more efficient ManpowerGroup for the future. We are pleased with our progress in both and confident in our ability to deliver long-term value to all of our stakeholders. "We anticipate diluted earnings per share in the fourth quarter will be between $0.78 and $0.88, which includes an estimated favorable currency impact of 8 cents and a 46.5% effective tax rate." Net losses for the nine months ended September 30, 2025 were $43.5 million, or net losses of $0.93 per basic share compared to net earnings of $122.6 million, or net earnings of $2.53 per diluted share in the prior year, respectively. The current year-to-date period included restructuring costs, net losses from the sale of businesses, which will operate as franchises going forward, a non-cash goodwill and intangible asset impairment charge, and Argentina hyperinflationary related non-cash currency translation losses which reduced earnings per share by $2.98. Excluding the net impact of these charges, earnings per share for the nine-month period was $2.05 per diluted share representing a decrease of 44% 2 in constant currency. Revenues for the nine-month period were $13.2 billion, representing a decrease of 2% compared to the prior year or a decrease of 3% in constant currency. In conjunction with its third quarter earnings release, ManpowerGroup will broadcast its conference call live over the Internet on October 16, 2025 at 7:30 a.m. central time (8:30 a.m. eastern time). Prepared remarks for the conference call, webcast details, presentation and recordings are included within the Investor Relations section of manpowergroup.com. Supplemental financial information referenced in the conference call can be found at http://investor.manpowergroup.com/ . About ManpowerGroup ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2025 ManpowerGroup was named one of the World's Most Ethical Companies for the 16th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com. Forward-Looking Statements This press release contains statements, including statements regarding global economic and geopolitical uncertainty, trends in labor demand and the future strengthening of such demand, financial outlook, the outlook for our business in regions in which we operate as well as key countries within those regions, and the Company's strategic initiatives and technology investments, including our ability to increase market share and the acceleration of transformation initiatives to remove structural costs from the organization to drive efficiencies, and the positioning of future growth for our brands that are forward-looking in nature and, accordingly, are subject to risks and uncertainties regarding the Company's expected future results. The Company's actual results may differ materially from those described or contemplated in the forward-looking statements due to numerous factors. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2024, which information is incorporated herein by reference. The Company assumes no obligation to update or revise any forward-looking statements. We reference certain non-GAAP financial measures, which we believe provide useful information for investors. We include a reconciliation of these measures, where appropriate, to GAAP on the Investor Relations section of our website at manpowergroup.com. View original content to download multimedia: https://www.prnewswire.com/news-releases/manpowergroup-reports-3rd-quarter-2025-results-302585682.html