vs

Side-by-side financial comparison of Arch Capital Group (ACGL) and ManpowerGroup Inc. (MAN). Click either name above to swap in a different company.

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $4.5B, roughly 1.0× Arch Capital Group). Arch Capital Group runs the higher net margin — 23.2% vs 0.6%, a 22.5% gap on every dollar of revenue. On growth, ManpowerGroup Inc. posted the faster year-over-year revenue change (7.1% vs -3.3%). Over the past eight quarters, ManpowerGroup Inc.'s revenue compounded faster (3.5% CAGR vs 3.4%).

Arch Capital Group Ltd. is a Bermuda exempted public company which writes insurance, reinsurance and mortgage insurance on a worldwide basis, with a focus on specialty lines, the segment of the insurance industry where the more difficult and unusual risks are written. The company is headquartered in Bermuda and operates globally in 60 offices in North America, Europe, Asia and Australia.

ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.

ACGL vs MAN — Head-to-Head

Bigger by revenue
MAN
MAN
1.0× larger
MAN
$4.7B
$4.5B
ACGL
Growing faster (revenue YoY)
MAN
MAN
+10.4% gap
MAN
7.1%
-3.3%
ACGL
Higher net margin
ACGL
ACGL
22.5% more per $
ACGL
23.2%
0.6%
MAN
Faster 2-yr revenue CAGR
MAN
MAN
Annualised
MAN
3.5%
3.4%
ACGL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ACGL
ACGL
MAN
MAN
Revenue
$4.5B
$4.7B
Net Profit
$1.0B
$30.2M
Gross Margin
16.3%
Operating Margin
1.7%
Net Margin
23.2%
0.6%
Revenue YoY
-3.3%
7.1%
Net Profit YoY
82.4%
34.2%
EPS (diluted)
$2.88
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACGL
ACGL
MAN
MAN
Q1 26
$4.5B
Q4 25
$4.9B
$4.7B
Q3 25
$5.1B
$4.6B
Q2 25
$5.2B
$4.5B
Q1 25
$4.7B
$4.1B
Q4 24
$4.5B
$4.4B
Q3 24
$4.7B
$4.5B
Q2 24
$4.2B
$4.5B
Net Profit
ACGL
ACGL
MAN
MAN
Q1 26
$1.0B
Q4 25
$1.2B
$30.2M
Q3 25
$1.4B
$18.0M
Q2 25
$1.2B
$-67.1M
Q1 25
$574.0M
$5.6M
Q4 24
$935.0M
$22.5M
Q3 24
$988.0M
$22.8M
Q2 24
$1.3B
$60.1M
Gross Margin
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
16.3%
Q3 25
16.6%
Q2 25
16.9%
Q1 25
17.1%
Q4 24
17.2%
Q3 24
17.3%
Q2 24
17.4%
Operating Margin
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
1.7%
Q3 25
1.4%
Q2 25
-0.6%
Q1 25
0.7%
Q4 24
1.6%
Q3 24
1.6%
Q2 24
2.2%
Net Margin
ACGL
ACGL
MAN
MAN
Q1 26
23.2%
Q4 25
25.1%
0.6%
Q3 25
26.4%
0.4%
Q2 25
23.7%
-1.5%
Q1 25
12.3%
0.1%
Q4 24
20.6%
0.5%
Q3 24
20.9%
0.5%
Q2 24
30.0%
1.3%
EPS (diluted)
ACGL
ACGL
MAN
MAN
Q1 26
$2.88
Q4 25
$3.33
$0.65
Q3 25
$3.56
$0.38
Q2 25
$3.23
$-1.44
Q1 25
$1.48
$0.12
Q4 24
$2.41
$0.49
Q3 24
$2.56
$0.47
Q2 24
$3.30
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACGL
ACGL
MAN
MAN
Cash + ST InvestmentsLiquidity on hand
$24.0M
$871.0M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$24.2B
$2.1B
Total Assets
$81.4B
$9.2B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACGL
ACGL
MAN
MAN
Q1 26
$24.0M
Q4 25
$993.0M
$871.0M
Q3 25
$1.1B
$274.6M
Q2 25
$983.0M
$289.8M
Q1 25
$1.2B
$395.0M
Q4 24
$979.0M
$509.4M
Q3 24
$1.0B
$410.9M
Q2 24
$1.0B
$468.9M
Total Debt
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
$1.1B
Q3 25
$468.3M
Q2 25
$470.3M
Q1 25
$971.4M
Q4 24
$929.4M
Q3 24
$999.7M
Q2 24
$961.7M
Stockholders' Equity
ACGL
ACGL
MAN
MAN
Q1 26
$24.2B
Q4 25
$24.2B
$2.1B
Q3 25
$23.7B
$2.0B
Q2 25
$23.0B
$2.0B
Q1 25
$21.5B
$2.1B
Q4 24
$20.8B
$2.1B
Q3 24
$22.3B
$2.2B
Q2 24
$20.7B
$2.1B
Total Assets
ACGL
ACGL
MAN
MAN
Q1 26
$81.4B
Q4 25
$79.2B
$9.2B
Q3 25
$79.2B
$8.4B
Q2 25
$78.8B
$8.5B
Q1 25
$75.2B
$8.0B
Q4 24
$70.9B
$8.2B
Q3 24
$73.7B
$8.5B
Q2 24
$65.5B
$8.5B
Debt / Equity
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
0.51×
Q3 25
0.23×
Q2 25
0.24×
Q1 25
0.46×
Q4 24
0.44×
Q3 24
0.46×
Q2 24
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACGL
ACGL
MAN
MAN
Operating Cash FlowLast quarter
$1.2B
$178.9M
Free Cash FlowOCF − Capex
$168.0M
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.13×
5.92×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACGL
ACGL
MAN
MAN
Q1 26
$1.2B
Q4 25
$1.4B
$178.9M
Q3 25
$2.2B
$59.8M
Q2 25
$1.1B
$-189.6M
Q1 25
$1.5B
$-153.2M
Q4 24
$1.6B
$247.6M
Q3 24
$2.0B
$83.5M
Q2 24
$1.5B
$-137.9M
Free Cash Flow
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
$1.4B
$168.0M
Q3 25
$2.2B
$44.7M
Q2 25
$1.1B
$-207.2M
Q1 25
$1.4B
$-166.9M
Q4 24
$1.6B
$236.3M
Q3 24
$2.0B
$67.4M
Q2 24
$1.5B
$-149.8M
FCF Margin
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
28.2%
3.6%
Q3 25
42.6%
1.0%
Q2 25
21.3%
-4.6%
Q1 25
31.0%
-4.1%
Q4 24
34.3%
5.4%
Q3 24
42.5%
1.5%
Q2 24
35.6%
-3.3%
Capex Intensity
ACGL
ACGL
MAN
MAN
Q1 26
Q4 25
0.2%
0.2%
Q3 25
0.2%
0.3%
Q2 25
0.2%
0.4%
Q1 25
0.2%
0.3%
Q4 24
0.3%
0.3%
Q3 24
0.3%
0.4%
Q2 24
0.3%
0.3%
Cash Conversion
ACGL
ACGL
MAN
MAN
Q1 26
1.13×
Q4 25
1.13×
5.92×
Q3 25
1.62×
3.32×
Q2 25
0.91×
Q1 25
2.54×
-27.36×
Q4 24
1.68×
11.00×
Q3 24
2.04×
3.66×
Q2 24
1.20×
-2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACGL
ACGL

Segment breakdown not available.

MAN
MAN

Other$2.4B52%
Transferred Over Time$1.1B24%
Staffingand Interim$1.0B22%
Productsand Services Other$50.8M1%
Permanent Recruitment$37.5M1%
Outcome Based Solutionsand Consulting$20.7M0%
Transferred At Point In Time$20.4M0%

Related Comparisons