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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 871.0 $ 509.4
Accounts receivable, less allowance for expected credit losses of $74.1 and $67.6, respectively 4,770.3 4,297.2
Prepaid expenses and other assets 149.1 163.7
Total current assets 5,790.4 4,970.3
Other Assets    
Goodwill [1],[2] 1,544.6 1,563.4
Intangible assets, less accumulated amortization of $579.1 and $530.4, respectively 430.1 486.1
Operating lease right-of-use assets 392.7 361.3
Other assets 879.1 701.5
Total other assets 3,246.5 3,112.3
Property and Equipment    
Land, buildings, leasehold improvements and equipment 526.9 488.2
Less: accumulated depreciation and amortization 403.7 369.8
Net property and equipment 123.2 118.4
Total assets 9,160.1 8,201.0
Current Liabilities    
Accounts payable 2,721.1 2,612.9
Employee compensation payable 232.3 241.1
Accrued liabilities 457.6 475.1
Accrued payroll taxes and insurance 672.1 615.2
Value added taxes payable 418.1 370.8
Short-term operating lease liability 107.4 98.6
Short-term borrowings and current maturities of long-term debt 625.0 23.4
Total current liabilities 5,233.6 4,437.1
Other liabilities    
Long-term debt 1,052.1 929.4
Long-term operating lease liability 304.3 279.0
Other long-term liabilities 509.8 428.6
Total other liabilities 1,866.2 1,637.0
Commitments and contingencies (Note 15)
Shareholders’ Equity    
Preferred stock, $.01 par value, authorized 25,000,000 shares, none issued 0.0 0.0
Common stock, $.01 par value, authorized 125,000,000 shares, issued 119,161,780 and 118,853,620 shares, respectively 1.2 1.2
Capital in excess of par value 3,572.5 3,546.1
Retained earnings 3,732.3 3,812.3
Accumulated other comprehensive loss (412.1) (443.0)
Treasury stock at cost, 72,864,513 and 72,105,407 shares, respectively (4,834.3) (4,791.4)
Total ManpowerGroup shareholders' equity 2,059.6 2,125.2
Noncontrolling interests 0.7 1.7
Total shareholders’ equity 2,060.3 2,126.9
Total liabilities and shareholders’ equity $ 9,160.1 $ 8,201.0
[1] Balances were net of accumulated impairment loss of $749.3 ($232.1 related to Northern Europe, $3.8 related to APME, $235.2 related to Right Management and $278.2 related to Corporate) as of both January 1, 2024 and December 31, 2024; and $807.4 ($24.7 related to Southern Europe, $265.5 related to Northern Europe, $3.8 related to APME, $235.2 related to Right Management and $278.2 related to Corporate) as of December 31, 2025.
[2] Balances were net of accumulated impairment loss of $807.4 and $749.3 as of December 31, 2025 and 2024, respectively.