ManpowerGroup Inc (MAN)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 17,845,600 | 18,036,300 | 18,155,700 | 18,467,800 | 18,813,000 | 18,997,000 | 19,134,800 | 19,366,000 | 19,762,200 | 20,347,600 | 20,690,800 | 20,895,400 | 20,680,400 | 20,363,000 | 19,806,800 | 18,271,300 | 17,964,500 | 18,106,200 | 18,765,700 | 20,396,800 |
| Total assets | US$ in thousands | 8,201,000 | 8,478,300 | 8,453,600 | 8,488,600 | 8,830,200 | 8,588,800 | 8,869,200 | 8,889,600 | 9,130,400 | 8,556,900 | 9,618,500 | 9,721,100 | 9,828,900 | 9,452,300 | 9,462,400 | 9,244,500 | 9,328,200 | 8,949,300 | 8,459,600 | 8,676,900 |
| Total asset turnover | 2.18 | 2.13 | 2.15 | 2.18 | 2.13 | 2.21 | 2.16 | 2.18 | 2.16 | 2.38 | 2.15 | 2.15 | 2.10 | 2.15 | 2.09 | 1.98 | 1.93 | 2.02 | 2.22 | 2.35 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $17,845,600K ÷ $8,201,000K
= 2.18
ManpowerGroup Inc's total asset turnover has exhibited fluctuations over the observed periods, ranging from a high of 2.38 to a low of 1.93. Generally, a higher total asset turnover indicates that the company is generating more revenue relative to its total assets. The gradual increase from 2020 to 2023 suggests improved efficiency in asset utilization. However, the slight decrease in 2024 compared to the previous year may indicate a potential need for the company to further optimize its asset management to enhance revenue generation. Overall, the trend shows that ManpowerGroup Inc has been effectively utilizing its assets to generate revenue, although some variability exists in the efficiency of asset turnover over time.
Peer comparison
Dec 31, 2024