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

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $2.8B, roughly 1.7× PAN AMERICAN SILVER CORP).

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.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

MAN vs PAAS — Head-to-Head

Bigger by revenue
MAN
MAN
1.7× larger
MAN
$4.7B
$2.8B
PAAS

Income Statement — Q4 FY2025 vs Q3 FY2022

Metric
MAN
MAN
PAAS
PAAS
Revenue
$4.7B
$2.8B
Net Profit
$30.2M
Gross Margin
16.3%
27.0%
Operating Margin
1.7%
Net Margin
0.6%
Revenue YoY
7.1%
Net Profit YoY
34.2%
EPS (diluted)
$0.65
$-1.05

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
PAAS
PAAS
Q4 25
$4.7B
Q3 25
$4.6B
Q2 25
$4.5B
Q1 25
$4.1B
Q4 24
$4.4B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.4B
Net Profit
MAN
MAN
PAAS
PAAS
Q4 25
$30.2M
Q3 25
$18.0M
Q2 25
$-67.1M
Q1 25
$5.6M
Q4 24
$22.5M
Q3 24
$22.8M
Q2 24
$60.1M
Q1 24
$39.7M
Gross Margin
MAN
MAN
PAAS
PAAS
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 24
17.3%
Operating Margin
MAN
MAN
PAAS
PAAS
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%
Q1 24
1.5%
Net Margin
MAN
MAN
PAAS
PAAS
Q4 25
0.6%
Q3 25
0.4%
Q2 25
-1.5%
Q1 25
0.1%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
1.3%
Q1 24
0.9%
EPS (diluted)
MAN
MAN
PAAS
PAAS
Q4 25
$0.65
Q3 25
$0.38
Q2 25
$-1.44
Q1 25
$0.12
Q4 24
$0.49
Q3 24
$0.47
Q2 24
$1.24
Q1 24
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAN
MAN
PAAS
PAAS
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 24
$604.8M
Total Debt
MAN
MAN
PAAS
PAAS
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 24
$968.9M
Stockholders' Equity
MAN
MAN
PAAS
PAAS
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.2B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
MAN
MAN
PAAS
PAAS
Q4 25
$9.2B
Q3 25
$8.4B
Q2 25
$8.5B
Q1 25
$8.0B
Q4 24
$8.2B
Q3 24
$8.5B
Q2 24
$8.5B
Q1 24
$8.5B
Debt / Equity
MAN
MAN
PAAS
PAAS
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×
Q1 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
PAAS
PAAS
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.

Operating Cash Flow
MAN
MAN
PAAS
PAAS
Q4 25
$178.9M
Q3 25
$59.8M
Q2 25
$-189.6M
Q1 25
$-153.2M
Q4 24
$247.6M
Q3 24
$83.5M
Q2 24
$-137.9M
Q1 24
$116.0M
Free Cash Flow
MAN
MAN
PAAS
PAAS
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 24
$104.2M
FCF Margin
MAN
MAN
PAAS
PAAS
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 24
2.4%
Capex Intensity
MAN
MAN
PAAS
PAAS
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 24
0.3%
Cash Conversion
MAN
MAN
PAAS
PAAS
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×
Q1 24
2.92×

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%

PAAS
PAAS

Segment breakdown not available.

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