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Side-by-side financial comparison of ManpowerGroup Inc. (MAN) and OLD REPUBLIC INTERNATIONAL CORP (ORI). Click either name above to swap in a different company.
ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $2.4B, roughly 2.0× OLD REPUBLIC INTERNATIONAL CORP). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 0.6%, a 13.1% gap on every dollar of revenue. On growth, ManpowerGroup Inc. posted the faster year-over-year revenue change (7.1% vs 6.7%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs 3.5%).
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.
Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.
MAN vs ORI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $2.4B |
| Net Profit | $30.2M | $330.0M |
| Gross Margin | 16.3% | — |
| Operating Margin | 1.7% | — |
| Net Margin | 0.6% | 13.8% |
| Revenue YoY | 7.1% | 6.7% |
| Net Profit YoY | 34.2% | -145.5% |
| EPS (diluted) | $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.
| Q1 26 | — | $2.4B | ||
| Q4 25 | $4.7B | $2.4B | ||
| Q3 25 | $4.6B | $2.4B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.1B | $2.1B | ||
| Q4 24 | $4.4B | $2.0B | ||
| Q3 24 | $4.5B | $2.3B | ||
| Q2 24 | $4.5B | $1.9B |
| Q1 26 | — | $330.0M | ||
| Q4 25 | $30.2M | $206.5M | ||
| Q3 25 | $18.0M | $279.5M | ||
| Q2 25 | $-67.1M | $204.4M | ||
| Q1 25 | $5.6M | $245.0M | ||
| Q4 24 | $22.5M | $105.3M | ||
| Q3 24 | $22.8M | $338.9M | ||
| Q2 24 | $60.1M | $91.8M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.4% | 14.6% | ||
| Q2 25 | -0.6% | 11.8% | ||
| Q1 25 | 0.7% | 14.6% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.6% | 18.2% | ||
| Q2 24 | 2.2% | 6.1% |
| Q1 26 | — | 13.8% | ||
| Q4 25 | 0.6% | 8.6% | ||
| Q3 25 | 0.4% | 11.5% | ||
| Q2 25 | -1.5% | 9.3% | ||
| Q1 25 | 0.1% | 11.6% | ||
| Q4 24 | 0.5% | 5.3% | ||
| Q3 24 | 0.5% | 14.5% | ||
| Q2 24 | 1.3% | 4.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.65 | $0.82 | ||
| Q3 25 | $0.38 | $1.11 | ||
| Q2 25 | $-1.44 | $0.81 | ||
| Q1 25 | $0.12 | $0.98 | ||
| Q4 24 | $0.49 | $0.42 | ||
| Q3 24 | $0.47 | $1.32 | ||
| Q2 24 | $1.24 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $871.0M | — |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $2.1B | $5.9M |
| Total Assets | $9.2B | $29.6M |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $871.0M | — | ||
| Q3 25 | $274.6M | — | ||
| Q2 25 | $289.8M | — | ||
| Q1 25 | $395.0M | — | ||
| Q4 24 | $509.4M | — | ||
| Q3 24 | $410.9M | — | ||
| Q2 24 | $468.9M | — |
| 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 | — |
| Q1 26 | — | $5.9M | ||
| Q4 25 | $2.1B | $5.9B | ||
| Q3 25 | $2.0B | $6.4B | ||
| Q2 25 | $2.0B | $6.2B | ||
| Q1 25 | $2.1B | $5.9B | ||
| Q4 24 | $2.1B | $5.6B | ||
| Q3 24 | $2.2B | $6.4B | ||
| Q2 24 | $2.1B | $6.0B |
| Q1 26 | — | $29.6M | ||
| Q4 25 | $9.2B | $29.9B | ||
| Q3 25 | $8.4B | $30.3B | ||
| Q2 25 | $8.5B | $29.3B | ||
| Q1 25 | $8.0B | $28.0B | ||
| Q4 24 | $8.2B | $27.8B | ||
| Q3 24 | $8.5B | $28.8B | ||
| Q2 24 | $8.5B | $27.5B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $178.9M | — |
| Free Cash FlowOCF − Capex | $168.0M | — |
| FCF MarginFCF / Revenue | 3.6% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 5.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-161.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $178.9M | $234.9M | ||
| Q3 25 | $59.8M | $563.9M | ||
| Q2 25 | $-189.6M | $133.8M | ||
| Q1 25 | $-153.2M | $231.7M | ||
| Q4 24 | $247.6M | $361.7M | ||
| Q3 24 | $83.5M | $474.8M | ||
| Q2 24 | $-137.9M | $236.5M |
| Q1 26 | — | — | ||
| Q4 25 | $168.0M | — | ||
| Q3 25 | $44.7M | — | ||
| Q2 25 | $-207.2M | — | ||
| Q1 25 | $-166.9M | — | ||
| Q4 24 | $236.3M | — | ||
| Q3 24 | $67.4M | — | ||
| Q2 24 | $-149.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | -4.6% | — | ||
| Q1 25 | -4.1% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | -3.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.92× | 1.14× | ||
| Q3 25 | 3.32× | 2.02× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | -27.36× | 0.95× | ||
| Q4 24 | 11.00× | 3.43× | ||
| Q3 24 | 3.66× | 1.40× | ||
| Q2 24 | -2.29× | 2.58× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAN
| Other | $2.4B | 52% |
| Transferred Over Time | $1.1B | 24% |
| Staffingand Interim | $1.0B | 22% |
| Productsand Services Other | $50.8M | 1% |
| Permanent Recruitment | $37.5M | 1% |
| Outcome Based Solutionsand Consulting | $20.7M | 0% |
| Transferred At Point In Time | $20.4M | 0% |
ORI
| operating | $2.2B | 92% |
| net investment gains | $201.8M | 8% |
