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

NIO Inc. is the larger business by last-quarter revenue ($4.7B vs $4.7B, roughly 1.0× ManpowerGroup Inc.). NIO Inc. runs the higher net margin — 0.8% vs 0.6%, a 0.2% gap on every dollar of revenue. ManpowerGroup Inc. produced more free cash flow last quarter ($168.0M vs $-439.4M).

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.

Nio Inc. is a Chinese electric vehicle manufacturer headquartered in Shanghai. Founded in 2014, it adopted its current name in 2016. The company designs and sells electric vehicles, including sedans and SUVs, and has expanded into smartphone development.

MAN vs NIO — Head-to-Head

Bigger by revenue
NIO
NIO
1.0× larger
NIO
$4.7B
$4.7B
MAN
Higher net margin
NIO
NIO
0.2% more per $
NIO
0.8%
0.6%
MAN
More free cash flow
MAN
MAN
$607.4M more FCF
MAN
$168.0M
$-439.4M
NIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAN
MAN
NIO
NIO
Revenue
$4.7B
$4.7B
Net Profit
$30.2M
$38.7M
Gross Margin
16.3%
17.5%
Operating Margin
1.7%
1.5%
Net Margin
0.6%
0.8%
Revenue YoY
7.1%
Net Profit YoY
34.2%
EPS (diluted)
$0.65
$0.05

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
MAN
MAN
NIO
NIO
Q1 26
$4.7B
Q4 25
$4.7B
Q3 25
$4.6B
$3.0B
Q2 25
$4.5B
$2.6B
Q1 25
$4.1B
$2.7B
Q4 24
$4.4B
Q3 24
$4.5B
Q2 24
$4.5B
Net Profit
MAN
MAN
NIO
NIO
Q1 26
$38.7M
Q4 25
$30.2M
Q3 25
$18.0M
$-505.2M
Q2 25
$-67.1M
$-709.5M
Q1 25
$5.6M
$-984.2M
Q4 24
$22.5M
Q3 24
$22.8M
Q2 24
$60.1M
Gross Margin
MAN
MAN
NIO
NIO
Q1 26
17.5%
Q4 25
16.3%
Q3 25
16.6%
13.9%
Q2 25
16.9%
10.0%
Q1 25
17.1%
11.7%
Q4 24
17.2%
Q3 24
17.3%
Q2 24
17.4%
Operating Margin
MAN
MAN
NIO
NIO
Q1 26
1.5%
Q4 25
1.7%
Q3 25
1.4%
-16.2%
Q2 25
-0.6%
-25.8%
Q1 25
0.7%
-30.6%
Q4 24
1.6%
Q3 24
1.6%
Q2 24
2.2%
Net Margin
MAN
MAN
NIO
NIO
Q1 26
0.8%
Q4 25
0.6%
Q3 25
0.4%
-16.8%
Q2 25
-1.5%
-27.0%
Q1 25
0.1%
-36.2%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
1.3%
EPS (diluted)
MAN
MAN
NIO
NIO
Q1 26
$0.05
Q4 25
$0.65
Q3 25
$0.38
$-1.51
Q2 25
$-1.44
$-2.31
Q1 25
$0.12
$-3.47
Q4 24
$0.49
Q3 24
$0.47
Q2 24
$1.24

Balance Sheet & Financial Strength

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

Metric
MAN
MAN
NIO
NIO
Cash + ST InvestmentsLiquidity on hand
$871.0M
$4.4B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.1B
$594.8M
Total Assets
$9.2B
$17.8B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAN
MAN
NIO
NIO
Q1 26
$4.4B
Q4 25
$871.0M
Q3 25
$274.6M
Q2 25
$289.8M
$2.5B
Q1 25
$395.0M
$4.6B
Q4 24
$509.4M
Q3 24
$410.9M
Q2 24
$468.9M
Total Debt
MAN
MAN
NIO
NIO
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
MAN
MAN
NIO
NIO
Q1 26
$594.8M
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$2.0B
$-168.3M
Q1 25
$2.1B
$817.5M
Q4 24
$2.1B
Q3 24
$2.2B
Q2 24
$2.1B
Total Assets
MAN
MAN
NIO
NIO
Q1 26
$17.8B
Q4 25
$9.2B
Q3 25
$8.4B
Q2 25
$8.5B
$14.0B
Q1 25
$8.0B
$14.7B
Q4 24
$8.2B
Q3 24
$8.5B
Q2 24
$8.5B
Debt / Equity
MAN
MAN
NIO
NIO
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
MAN
MAN
NIO
NIO
Operating Cash FlowLast quarter
$178.9M
$427.9M
Free Cash FlowOCF − Capex
$168.0M
$-439.4M
FCF MarginFCF / Revenue
3.6%
-9.3%
Capex IntensityCapex / Revenue
0.2%
18.4%
Cash ConversionOCF / Net Profit
5.92×
11.07×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAN
MAN
NIO
NIO
Q1 26
$427.9M
Q4 25
$178.9M
Q3 25
$59.8M
Q2 25
$-189.6M
Q1 25
$-153.2M
$-1.1B
Q4 24
$247.6M
Q3 24
$83.5M
Q2 24
$-137.9M
Free Cash Flow
MAN
MAN
NIO
NIO
Q1 26
$-439.4M
Q4 25
$168.0M
Q3 25
$44.7M
Q2 25
$-207.2M
Q1 25
$-166.9M
$-2.3B
Q4 24
$236.3M
Q3 24
$67.4M
Q2 24
$-149.8M
FCF Margin
MAN
MAN
NIO
NIO
Q1 26
-9.3%
Q4 25
3.6%
Q3 25
1.0%
Q2 25
-4.6%
Q1 25
-4.1%
-85.6%
Q4 24
5.4%
Q3 24
1.5%
Q2 24
-3.3%
Capex Intensity
MAN
MAN
NIO
NIO
Q1 26
18.4%
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.3%
46.1%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.3%
Cash Conversion
MAN
MAN
NIO
NIO
Q1 26
11.07×
Q4 25
5.92×
Q3 25
3.32×
Q2 25
Q1 25
-27.36×
Q4 24
11.00×
Q3 24
3.66×
Q2 24
-2.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

NIO
NIO

Segment breakdown not available.

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