ManpowerGroup Inc (MAN) — Free Cash Flow Generation Index

Latest as of September 2025: 0.94x

ManpowerGroup Inc (MAN) has a Free Cash Flow Generation Index of 0.94x as of September 2025. Free cash flow of $168.00 Million represents 1% of operating cash flow ($178.90 Million). See working capital position of ManpowerGroup Inc to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.94x
Free Cash Flow / Operating CF

Free Cash Flow

$168.00 Million
USD

Operating Cash Flow

$178.90 Million
USD

Capital Expenditures

$10.90 Million
USD

ManpowerGroup Inc Free Cash Flow Generation Index (1990–2024)

Historical FCF Generation Index trend for ManpowerGroup Inc across 34 annual periods. Explore ManpowerGroup Inc (MAN) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for ManpowerGroup Inc (1990–2024)

Year-by-year Free Cash Flow Generation Index for ManpowerGroup Inc. For the full company profile including market capitalisation, see MAN market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.83x $258.10 Million $309.20 Million $51.10 Million ▲ +7.6%
2023 0.78x $270.00 Million $348.20 Million $78.20 Million ▼ -5.6%
2022 0.82x $347.70 Million $423.30 Million $75.60 Million ▼ -8.8%
2021 0.90x $580.60 Million $644.80 Million $64.20 Million ▼ -4.8%
2020 0.95x $885.70 Million $936.40 Million $50.70 Million ▲ +1.2%
2019 0.94x $761.50 Million $814.40 Million $52.90 Million ▲ +8.0%
2018 0.87x $418.40 Million $483.10 Million $64.70 Million ▲ +0.3%
2017 0.86x $346.20 Million $400.90 Million $54.70 Million ▼ -4.6%
2016 0.91x $543.10 Million $600.00 Million $56.90 Million ▲ +0.8%
2015 0.90x $459.20 Million $511.50 Million $52.30 Million ▲ +7.9%
2014 0.83x $254.70 Million $306.20 Million $51.50 Million ▼ -6.3%
2013 0.89x $352.00 Million $396.70 Million $44.70 Million ▲ +13.3%
2012 0.78x $259.60 Million $331.60 Million $72.00 Million ▲ +1159.9%
2011 0.06x $4.30 Million $69.20 Million $64.90 Million ▼ -90.8%
2010 0.68x $123.60 Million $182.10 Million $58.50 Million ▼ -25.8%
2009 0.92x $379.20 Million $414.30 Million $35.10 Million ▲ +3.7%
2008 0.88x $698.90 Million $792.00 Million $93.10 Million ▲ +12.0%
2007 0.79x $340.60 Million $432.20 Million $91.60 Million ▲ +1.4%
2006 0.78x $279.10 Million $359.10 Million $80.00 Million ▲ +9.5%
2005 0.71x $189.50 Million $267.10 Million $77.60 Million ▲ +11.3%
2004 0.64x $119.50 Million $187.40 Million $67.90 Million ▼ -15.2%
2003 0.75x $167.90 Million $223.40 Million $55.50 Million ▲ +1.1%
2002 0.74x $169.40 Million $227.90 Million $58.50 Million ▲ +106.3%
2001 0.36x $49.00 Million $136.00 Million $87.00 Million ▼ -24.4%
2000 0.48x $75.30 Million $157.90 Million $82.60 Million ▲ +36.4%
1998 0.35x $92.70 Million $265.20 Million $172.50 Million ▲ +120.2%
1997 -1.73x $-62.50 Million $36.10 Million $98.60 Million ▼ -422.2%
1996 0.54x $47.50 Million $88.40 Million $40.90 Million ▼ -3.0%
1995 0.55x $54.30 Million $98.00 Million $43.70 Million ▲ +104.3%
1994 0.27x $9.90 Million $36.50 Million $26.60 Million ▼ -67.4%
1993 0.83x $87.90 Million $105.50 Million $17.60 Million ▲ +28.2%
1992 0.65x $41.20 Million $63.40 Million $22.20 Million ▲ +158.1%
1991 -1.12x $-14.10 Million $12.60 Million $26.70 Million ▼ -316.2%
1990 0.52x $44.40 Million $85.80 Million $41.40 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).