ManpowerGroup Inc (MAN) — Free Cash Flow Generation Index

Latest as of December 2025: 0.94x

ManpowerGroup Inc (MAN) has a Free Cash Flow Generation Index of 0.94x as of December 2025. Free cash flow of $168.00 Million represents 1% of operating cash flow ($178.90 Million). Read debt load of ManpowerGroup Inc for a breakdown of total debt and financial obligations.

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) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

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 company net worth.

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).