ManpowerGroup Inc (MAN)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 145,100 88,800 373,800 382,400 23,800
Total stockholders’ equity US$ in thousands 2,125,200 2,223,300 2,447,300 2,521,700 2,441,000
ROE 6.83% 3.99% 15.27% 15.16% 0.98%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $145,100K ÷ $2,125,200K
= 6.83%

ManpowerGroup Inc's return on equity (ROE) experienced fluctuations during the period from December 31, 2020, to December 31, 2024.

In December 2020, the ROE stood at 0.98%, reflecting a relatively low return compared to the following years. The company saw a significant improvement in ROE by the end of December 2021, with a substantial increase to 15.16%.

Continuing this positive trend, ManpowerGroup Inc maintained a relatively consistent ROE of 15.27% by December 2022. However, there was a noticeable decline in the ROE to 3.99% by December 2023, indicating a decrease in profitability or efficiency in generating returns on shareholder equity.

By the end of December 2024, the ROE slightly rebounded to 6.83%, though it remained below the levels seen in 2021 and 2022.

Overall, the fluctuating trend in ManpowerGroup Inc's ROE suggests varying levels of efficiency in utilizing shareholders' equity to generate profits during the period under consideration. Further analysis may be needed to understand the factors contributing to these fluctuations and to assess the company's future financial performance.