ManpowerGroup Inc (MAN) — Tangible Net Worth Ratio

Latest as of December 2025: 79.1%

ManpowerGroup Inc (MAN) has a Tangible Net Worth Ratio of 79.1% as of December 2025. This metric is calculated by deducting intangible assets ($430.10 Million) from net assets ($2.06 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See ManpowerGroup Inc (MAN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

79.1%
Tangible equity / total equity

Net Assets (Equity)

$2.06 Billion
USD

Intangible Assets

$430.10 Million
Goodwill, patents, brand value

Total Assets

$9.16 Billion
USD

ManpowerGroup Inc Tangible Net Worth Ratio (1990–2025)

This chart shows how ManpowerGroup Inc's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of December 2025, the ratio stands at 79.1%, reflecting net assets of $2.06 Billion with intangible assets of $430.10 Million USD. See ManpowerGroup Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for ManpowerGroup Inc (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for ManpowerGroup Inc from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MAN stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 79.1% $2.06 Billion $430.10 Million $9.16 Billion ▲ +2.0 pp
2024 77.1% $2.13 Billion $486.10 Million $8.20 Billion ▲ +2.4 pp
2023 74.7% $2.23 Billion $564.30 Million $8.83 Billion ▼ -2.9 pp
2022 77.6% $2.46 Billion $549.50 Million $9.13 Billion ▲ +0.7 pp
2021 76.9% $2.53 Billion $583.60 Million $9.83 Billion ▼ -12.9 pp
2020 89.9% $2.45 Billion $248.60 Million $9.35 Billion ▼ -0.4 pp
2019 90.3% $2.76 Billion $268.60 Million $9.22 Billion ▼ -0.6 pp
2018 90.9% $2.70 Billion $246.30 Million $8.52 Billion ▲ +0.8 pp
2017 90.1% $2.86 Billion $284.00 Million $8.88 Billion ▲ +2.1 pp
2016 88.0% $2.45 Billion $294.40 Million $7.57 Billion ▲ +0.1 pp
2015 87.9% $2.69 Billion $326.50 Million $7.52 Billion ▼ -2.4 pp
2014 90.3% $2.94 Billion $286.80 Million $7.18 Billion ▲ +0.9 pp
2013 89.4% $2.91 Billion $309.10 Million $7.29 Billion ▲ +2.6 pp
2012 86.8% $2.50 Billion $330.60 Million $7.01 Billion ▲ +1.1 pp
2011 85.7% $2.48 Billion $354.90 Million $6.90 Billion ▲ +1.4 pp
2010 84.3% $2.40 Billion $376.20 Million $6.73 Billion ▲ +0.0 pp
2009 84.3% $2.54 Billion $398.40 Million $6.21 Billion ▲ +1.0 pp
2008 83.3% $2.48 Billion $415.20 Million $6.62 Billion ▼ -3.0 pp
2007 86.3% $2.67 Billion $364.80 Million $7.22 Billion ▼ -0.7 pp
2006 87.0% $2.47 Billion $321.00 Million $6.51 Billion ▲ +45.6 pp
2005 41.5% $2.15 Billion $1.26 Billion $5.57 Billion ▲ +1.1 pp
2004 40.3% $2.17 Billion $1.30 Billion $5.84 Billion ▼ -15.9 pp
2003 56.2% $1.31 Billion $573.80 Million $4.38 Billion ▲ +10.8 pp
2002 45.4% $999.90 Million $545.70 Million $3.70 Billion ▲ +4.5 pp
2001 40.9% $814.00 Million $481.00 Million $3.24 Billion ▼ -25.6 pp
2000 66.6% $740.40 Million $247.60 Million $3.04 Billion ▼ -33.4 pp
1999 100.0% $650.60 Million $0.00 $2.72 Billion ▲ +0.0 pp
1998 100.0% $668.90 Million $0.00 $2.38 Billion ▲ +0.0 pp
1997 100.0% $617.60 Million $0.00 $2.05 Billion ▲ +0.0 pp
1996 100.0% $600.70 Million $0.00 $1.75 Billion ▲ +0.0 pp
1995 100.0% $455.00 Million $0.00 $1.52 Billion ▲ +1.8 pp
1994 98.2% $203.50 Million $3.70 Million $1.20 Billion ▲ +5.8 pp
1993 92.4% $102.70 Million $7.80 Million $833.30 Million ▲ +43.7 pp
1992 48.7% $159.60 Million $81.90 Million $922.40 Million ▲ +32.8 pp
1991 15.9% $221.80 Million $186.50 Million $980.80 Million ▲ +10.6 pp
1990 5.3% $274.00 Million $259.50 Million $1.08 Billion
pp = percentage points