ManpowerGroup Inc (MAN)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 145,100 38,100 45,600 50,700 88,800 222,000 303,000 360,000 373,800 436,200 422,600 412,000 382,400 347,500 260,100 84,100 23,800 86,400 222,200 413,900
Total stockholders’ equity US$ in thousands 2,125,200 2,176,100 2,136,900 2,176,700 2,223,300 2,402,700 2,439,200 2,498,400 2,447,300 2,406,100 2,435,200 2,545,500 2,521,700 2,473,400 2,387,100 2,366,300 2,441,000 2,588,700 2,526,000 2,620,200
ROE 6.83% 1.75% 2.13% 2.33% 3.99% 9.24% 12.42% 14.41% 15.27% 18.13% 17.35% 16.19% 15.16% 14.05% 10.90% 3.55% 0.98% 3.34% 8.80% 15.80%

December 31, 2024 calculation

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

ManpowerGroup Inc's return on equity (ROE) has exhibited fluctuations over the period analyzed. The ROE decreased from 15.80% as of March 31, 2020, to 0.98% by December 31, 2020, indicating a significant decline in profitability relative to shareholders' equity. This downward trend continued until March 31, 2021, where the ROE stood at 3.55%.

However, from March 31, 2021, there was an uptrend in the ROE, with successive increases in the following quarters. The ROE improved to 18.13% by September 30, 2022, marking a notable recovery in profitability and efficiency in generating returns for shareholders. The highest ROE during the period was observed on June 30, 2022, at 17.35%.

Subsequently, the ROE started declining from September 30, 2022, reaching 1.75% by September 30, 2024. The ROE showed some signs of improvement in the last quarter of 2024, ending at 6.83% by December 31, 2024.

Overall, ManpowerGroup Inc's ROE has displayed variability over the analyzed period, reflecting fluctuations in the company's profitability and efficiency in generating returns for its shareholders.