ManpowerGroup (ManpowerGroup) Interest Expense

: $-80 Mil (TTM As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ManpowerGroup's interest expense for the three months ended in Dec. 2023 was $ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-80 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. ManpowerGroup's Operating Income for the three months ended in Dec. 2023 was $ 16 Mil. ManpowerGroup's Interest Expense for the three months ended in Dec. 2023 was $ -20 Mil. ManpowerGroup's Interest Coverage for the quarter that ended in Dec. 2023 was 0.78. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ManpowerGroup Interest Expense Historical Data

The historical data trend for ManpowerGroup's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ManpowerGroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-44.40

-43.30

-38.80

-46.90

-79.70

ManpowerGroup Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-15.20	-18.70	-20.00	-21.00	-20.00

ManpowerGroup Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-80 Mil.

ManpowerGroup (NYSE:MAN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ManpowerGroup's Interest Expense for the three months ended in Dec. 2023 was $-20 Mil. Its Operating Income for the three months ended in Dec. 2023 was $16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,314 Mil.

ManpowerGroup's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	15.6	/	-20
	=	0.78

The higher the ratio, the stronger the company's financial strength is.

ManpowerGroup (ManpowerGroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ManpowerGroup Inc (NYSE:MAN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Manpower Place, Milwaukee, WI, USA, 53212

Website

https://www.manpowergroup.com

Manpower is one of the three largest multinational firms in the fragmented and over $600 billion global staffing industry. The firm generates most of its sales outside the U.S. and boasts a vast global footprint. Its client base consists of mainly large and multinational companies, but the firm also services small and midsize businesses through its local branch network. It offers each main staffing service (temporary, permanent, and project based) across a variety of professions under its four subsidiary brands: Experis specializes in IT placements; Talent Solutions provides recruitment process outsourcing, or RPO, and outplacement services; Jefferson Wells serves finance, tax, and compliance needs; Manpower focuses on manufacturing, administrative, and assembly positions.

Executives

Donald O Mondano	officer: SVP, Global Controller	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Ulice Jr Payne	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Muriel Francoise Penicaud	director	22 PASSAGE COURTOIS, PARIS I0 75011
John T Mcginnis	officer: EVP, CFO	C/O MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Richard Buchband	officer: SVP, General Counsel	100 MANPOWER PLACE, MILWAUKEE WI 53212
Cari M Dominguez	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jean Philippe Courtois	director	MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
William P Gipson	director	1201 S 2ND STREET, MILWAUKEE WI 53204
Michelle Nettles	officer: Chief People & Culture	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mara E Swan	officer: EVP	C/O ADOLPH COORS CO, 311 10TH ST. MH311, GOLDEN CO 80401-0030
Gina Boswell	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jonas Prising	director, officer: CEO	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Van Handel Michael J	officer: EVP, CFO	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Sriram Chandrashekar	officer: EVP	10 HOE CHIANG ROAD #21, 04/05 KEPPEL TOWERS, SINGAPORE U0 089315
William Downe	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212