ManpowerGroup Inc (NYSE: MAN) is a workforce solutions company that places temporary and permanent workers across a range of industries and geographies. Revenue is generated primarily through staffing markups, where clients pay a bill rate above the base wage ManpowerGroup pays to placed workers, as well as fees for permanent recruitment and outsourced workforce management services. ManpowerGroup operates through several brands including Manpower, Experis, and Talent Solutions, serving clients across professional, technical, and general labor categories. The company is headquartered in Milwaukee, Wisconsin and operates across a broad international footprint. As disclosed in its 10-K filed February 23, 2026 for fiscal year ended December 31, 2025, ManpowerGroup competes in a fragmented global staffing market against firms such as Adecco, Randstad, and Robert Half. The business is volume-sensitive, with demand tied closely to macroeconomic conditions and employer hiring cycles, giving it a cyclical revenue profile with limited recurring revenue insulation.

Revenue model

ManpowerGroup earns revenue through staffing markups on temporary worker placements, permanent placement fees, and fees for managed workforce and outsourcing services delivered under the Talent Solutions brand.

Products and services

Temporary and contract staffing (Manpower brand), professional and IT staffing (Experis brand), managed service programs, recruitment process outsourcing, and outplacement services (Talent Solutions brand).

Customers and end markets

Employers across manufacturing, logistics, financial services, technology, and professional services sectors seeking temporary labor, contract professionals, or outsourced talent management.

Value-chain role

Intermediary between employers and job seekers; handles candidate sourcing, screening, payroll administration, and compliance for client companies.

Geographic exposure

Broad international operations spanning North America, Europe, Asia Pacific, and other regions, with a significant portion of revenue derived outside the United States.

Competitors

Adecco, Randstad, Robert Half

Source: SEC 10-K, filed 2026-02-23

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