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Manpowergroup Inc. balance sheet

At the end of fiscal 2025, Manpowergroup Inc. had total assets of $9.16bn and shareholders' equity of $2.06bn. It held $871m in cash against $1.68bn of debt: net debt of $806m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents5996895921,0261,567848639581509871233
Receivables4,4135,3715,2765,2734,9125,4485,1374,8304,2974,7704,619
Total current assets5,1336,1715,9976,4856,6666,4235,9345,5724,9705,7905,057
Goodwill1,2401,3431,2971,2601,2261,7221,6281,5871,5631,5451,482
Total assets7,5748,8848,5209,2249,3289,8299,1308,8308,2019,1608,260
Deferred revenue (current)3947—————————
Total current liabilities3,6594,8104,1764,4414,6855,7814,9124,8004,4375,2344,806
Short-term debt40469506120553271223625541
Long-term debt7864781,0251,0121,1045669609919291,052563
Total debt8259481,0751,0731,1241,1189871,0039531,6771,103
Shareholders' equity2,3622,7752,6252,7432,4412,5222,4472,2232,1252,0602,140
Net debt (negative = net cash)22725948448−443271348421443806870

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Manpowergroup Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Manpowergroup Inc.