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

PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $4.7B, roughly 1.5× ManpowerGroup Inc.). PG&E Corporation runs the higher net margin — 12.9% vs 0.6%, a 12.2% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 7.1%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% 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.

Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.

MAN vs PCG — Head-to-Head

Bigger by revenue
PCG
PCG
1.5× larger
PCG
$6.9B
$4.7B
MAN
Growing faster (revenue YoY)
PCG
PCG
+7.9% gap
PCG
15.0%
7.1%
MAN
Higher net margin
PCG
PCG
12.2% more per $
PCG
12.9%
0.6%
MAN
Faster 2-yr revenue CAGR
PCG
PCG
Annualised
PCG
7.2%
3.5%
MAN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MAN
MAN
PCG
PCG
Revenue
$4.7B
$6.9B
Net Profit
$30.2M
$885.0M
Gross Margin
16.3%
Operating Margin
1.7%
21.4%
Net Margin
0.6%
12.9%
Revenue YoY
7.1%
15.0%
Net Profit YoY
34.2%
39.6%
EPS (diluted)
$0.65
$0.39

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
PCG
PCG
Q1 26
$6.9B
Q4 25
$4.7B
$6.8B
Q3 25
$4.6B
$6.3B
Q2 25
$4.5B
$5.9B
Q1 25
$4.1B
$6.0B
Q4 24
$4.4B
$6.6B
Q3 24
$4.5B
$5.9B
Q2 24
$4.5B
$6.0B
Net Profit
MAN
MAN
PCG
PCG
Q1 26
$885.0M
Q4 25
$30.2M
$670.0M
Q3 25
$18.0M
$850.0M
Q2 25
$-67.1M
$549.0M
Q1 25
$5.6M
$634.0M
Q4 24
$22.5M
$674.0M
Q3 24
$22.8M
$579.0M
Q2 24
$60.1M
$524.0M
Gross Margin
MAN
MAN
PCG
PCG
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
MAN
MAN
PCG
PCG
Q1 26
21.4%
Q4 25
1.7%
18.0%
Q3 25
1.4%
19.3%
Q2 25
-0.6%
18.6%
Q1 25
0.7%
20.4%
Q4 24
1.6%
15.4%
Q3 24
1.6%
17.3%
Q2 24
2.2%
18.9%
Net Margin
MAN
MAN
PCG
PCG
Q1 26
12.9%
Q4 25
0.6%
9.8%
Q3 25
0.4%
13.6%
Q2 25
-1.5%
9.3%
Q1 25
0.1%
10.6%
Q4 24
0.5%
10.2%
Q3 24
0.5%
9.7%
Q2 24
1.3%
8.8%
EPS (diluted)
MAN
MAN
PCG
PCG
Q1 26
$0.39
Q4 25
$0.65
$0.29
Q3 25
$0.38
$0.37
Q2 25
$-1.44
$0.24
Q1 25
$0.12
$0.28
Q4 24
$0.49
$0.30
Q3 24
$0.47
$0.27
Q2 24
$1.24
$0.24

Balance Sheet & Financial Strength

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

Metric
MAN
MAN
PCG
PCG
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
PCG
PCG
Q1 26
Q4 25
$871.0M
$713.0M
Q3 25
$274.6M
$404.0M
Q2 25
$289.8M
$494.0M
Q1 25
$395.0M
$2.0B
Q4 24
$509.4M
$940.0M
Q3 24
$410.9M
$895.0M
Q2 24
$468.9M
$1.3B
Total Debt
MAN
MAN
PCG
PCG
Q1 26
Q4 25
$1.1B
$57.4B
Q3 25
$468.3M
Q2 25
$470.3M
Q1 25
$971.4M
Q4 24
$929.4M
$53.6B
Q3 24
$999.7M
Q2 24
$961.7M
Stockholders' Equity
MAN
MAN
PCG
PCG
Q1 26
Q4 25
$2.1B
$32.5B
Q3 25
$2.0B
$32.0B
Q2 25
$2.0B
$31.2B
Q1 25
$2.1B
$30.7B
Q4 24
$2.1B
$30.1B
Q3 24
$2.2B
$26.8B
Q2 24
$2.1B
$26.3B
Total Assets
MAN
MAN
PCG
PCG
Q1 26
Q4 25
$9.2B
$141.6B
Q3 25
$8.4B
$138.2B
Q2 25
$8.5B
$136.4B
Q1 25
$8.0B
$135.4B
Q4 24
$8.2B
$133.7B
Q3 24
$8.5B
$132.3B
Q2 24
$8.5B
$130.8B
Debt / Equity
MAN
MAN
PCG
PCG
Q1 26
Q4 25
0.51×
1.76×
Q3 25
0.23×
Q2 25
0.24×
Q1 25
0.46×
Q4 24
0.44×
1.78×
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
PCG
PCG
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
PCG
PCG
Q1 26
Q4 25
$178.9M
$2.0B
Q3 25
$59.8M
$2.9B
Q2 25
$-189.6M
$1.1B
Q1 25
$-153.2M
$2.8B
Q4 24
$247.6M
$1.9B
Q3 24
$83.5M
$3.1B
Q2 24
$-137.9M
$711.0M
Free Cash Flow
MAN
MAN
PCG
PCG
Q1 26
Q4 25
$168.0M
$-1.2B
Q3 25
$44.7M
$-80.0M
Q2 25
$-207.2M
$-2.0B
Q1 25
$-166.9M
$213.0M
Q4 24
$236.3M
$-896.0M
Q3 24
$67.4M
$526.0M
Q2 24
$-149.8M
$-1.6B
FCF Margin
MAN
MAN
PCG
PCG
Q1 26
Q4 25
3.6%
-17.6%
Q3 25
1.0%
-1.3%
Q2 25
-4.6%
-34.0%
Q1 25
-4.1%
3.6%
Q4 24
5.4%
-13.5%
Q3 24
1.5%
8.9%
Q2 24
-3.3%
-26.5%
Capex Intensity
MAN
MAN
PCG
PCG
Q1 26
Q4 25
0.2%
46.4%
Q3 25
0.3%
46.9%
Q2 25
0.4%
52.0%
Q1 25
0.3%
44.0%
Q4 24
0.3%
42.6%
Q3 24
0.4%
43.8%
Q2 24
0.3%
38.4%
Cash Conversion
MAN
MAN
PCG
PCG
Q1 26
Q4 25
5.92×
2.93×
Q3 25
3.32×
3.35×
Q2 25
1.93×
Q1 25
-27.36×
4.49×
Q4 24
11.00×
2.87×
Q3 24
3.66×
5.41×
Q2 24
-2.29×
1.36×

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%

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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