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

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $4.4B, roughly 1.1× Venture Global, Inc.). Venture Global, Inc. runs the higher net margin — 26.8% vs 0.6%, a 26.2% gap on every dollar of revenue. On growth, Venture Global, Inc. posted the faster year-over-year revenue change (191.7% vs 7.1%). ManpowerGroup Inc. produced more free cash flow last quarter ($168.0M vs $-1.5B). Over the past eight quarters, Venture Global, Inc.'s revenue compounded faster (77.3% 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.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

MAN vs VG — Head-to-Head

Bigger by revenue
MAN
MAN
1.1× larger
MAN
$4.7B
$4.4B
VG
Growing faster (revenue YoY)
VG
VG
+184.5% gap
VG
191.7%
7.1%
MAN
Higher net margin
VG
VG
26.2% more per $
VG
26.8%
0.6%
MAN
More free cash flow
MAN
MAN
$1.7B more FCF
MAN
$168.0M
$-1.5B
VG
Faster 2-yr revenue CAGR
VG
VG
Annualised
VG
77.3%
3.5%
MAN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAN
MAN
VG
VG
Revenue
$4.7B
$4.4B
Net Profit
$30.2M
$1.2B
Gross Margin
16.3%
Operating Margin
1.7%
38.7%
Net Margin
0.6%
26.8%
Revenue YoY
7.1%
191.7%
Net Profit YoY
34.2%
20.3%
EPS (diluted)
$0.65
$0.41

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
VG
VG
Q4 25
$4.7B
$4.4B
Q3 25
$4.6B
$3.3B
Q2 25
$4.5B
$3.1B
Q1 25
$4.1B
$2.9B
Q4 24
$4.4B
$1.5B
Q3 24
$4.5B
$926.0M
Q2 24
$4.5B
$1.1B
Q1 24
$4.4B
$1.4B
Net Profit
MAN
MAN
VG
VG
Q4 25
$30.2M
$1.2B
Q3 25
$18.0M
$550.0M
Q2 25
$-67.1M
$475.0M
Q1 25
$5.6M
$517.0M
Q4 24
$22.5M
$990.0M
Q3 24
$22.8M
$-294.0M
Q2 24
$60.1M
$352.0M
Q1 24
$39.7M
$698.0M
Gross Margin
MAN
MAN
VG
VG
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
VG
VG
Q4 25
1.7%
38.7%
Q3 25
1.4%
39.7%
Q2 25
-0.6%
33.5%
Q1 25
0.7%
37.3%
Q4 24
1.6%
39.0%
Q3 24
1.6%
20.4%
Q2 24
2.2%
32.8%
Q1 24
1.5%
43.6%
Net Margin
MAN
MAN
VG
VG
Q4 25
0.6%
26.8%
Q3 25
0.4%
16.5%
Q2 25
-1.5%
15.3%
Q1 25
0.1%
17.9%
Q4 24
0.5%
65.0%
Q3 24
0.5%
-31.7%
Q2 24
1.3%
31.8%
Q1 24
0.9%
49.4%
EPS (diluted)
MAN
MAN
VG
VG
Q4 25
$0.65
$0.41
Q3 25
$0.38
$0.16
Q2 25
$-1.44
$0.14
Q1 25
$0.12
$0.15
Q4 24
$0.49
$0.35
Q3 24
$0.47
$-0.15
Q2 24
$1.24
$0.12
Q1 24
$0.81
$0.25

Balance Sheet & Financial Strength

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

Metric
MAN
MAN
VG
VG
Cash + ST InvestmentsLiquidity on hand
$871.0M
$2.4B
Total DebtLower is stronger
$1.1B
$34.2B
Stockholders' EquityBook value
$2.1B
$6.7B
Total Assets
$9.2B
$53.4B
Debt / EquityLower = less leverage
0.51×
5.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAN
MAN
VG
VG
Q4 25
$871.0M
$2.4B
Q3 25
$274.6M
$1.9B
Q2 25
$289.8M
$2.2B
Q1 25
$395.0M
$3.6B
Q4 24
$509.4M
$3.6B
Q3 24
$410.9M
Q2 24
$468.9M
Q1 24
$604.8M
Total Debt
MAN
MAN
VG
VG
Q4 25
$1.1B
$34.2B
Q3 25
$468.3M
$32.6B
Q2 25
$470.3M
$30.0B
Q1 25
$971.4M
$29.3B
Q4 24
$929.4M
$29.3B
Q3 24
$999.7M
Q2 24
$961.7M
Q1 24
$968.9M
Stockholders' Equity
MAN
MAN
VG
VG
Q4 25
$2.1B
$6.7B
Q3 25
$2.0B
$5.7B
Q2 25
$2.0B
$5.3B
Q1 25
$2.1B
$4.9B
Q4 24
$2.1B
$2.9B
Q3 24
$2.2B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
MAN
MAN
VG
VG
Q4 25
$9.2B
$53.4B
Q3 25
$8.4B
$50.1B
Q2 25
$8.5B
$46.5B
Q1 25
$8.0B
$45.1B
Q4 24
$8.2B
$43.5B
Q3 24
$8.5B
Q2 24
$8.5B
Q1 24
$8.5B
Debt / Equity
MAN
MAN
VG
VG
Q4 25
0.51×
5.07×
Q3 25
0.23×
5.73×
Q2 25
0.24×
5.69×
Q1 25
0.46×
6.01×
Q4 24
0.44×
10.11×
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
VG
VG
Operating Cash FlowLast quarter
$178.9M
$2.1B
Free Cash FlowOCF − Capex
$168.0M
$-1.5B
FCF MarginFCF / Revenue
3.6%
-34.1%
Capex IntensityCapex / Revenue
0.2%
81.6%
Cash ConversionOCF / Net Profit
5.92×
1.77×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAN
MAN
VG
VG
Q4 25
$178.9M
$2.1B
Q3 25
$59.8M
$1.9B
Q2 25
$-189.6M
$1.5B
Q1 25
$-153.2M
$1.1B
Q4 24
$247.6M
Q3 24
$83.5M
Q2 24
$-137.9M
Q1 24
$116.0M
$638.0M
Free Cash Flow
MAN
MAN
VG
VG
Q4 25
$168.0M
$-1.5B
Q3 25
$44.7M
$-1.4B
Q2 25
$-207.2M
$-1.5B
Q1 25
$-166.9M
$-2.4B
Q4 24
$236.3M
Q3 24
$67.4M
Q2 24
$-149.8M
Q1 24
$104.2M
$-2.4B
FCF Margin
MAN
MAN
VG
VG
Q4 25
3.6%
-34.1%
Q3 25
1.0%
-42.4%
Q2 25
-4.6%
-49.1%
Q1 25
-4.1%
-81.3%
Q4 24
5.4%
Q3 24
1.5%
Q2 24
-3.3%
Q1 24
2.4%
-167.3%
Capex Intensity
MAN
MAN
VG
VG
Q4 25
0.2%
81.6%
Q3 25
0.3%
98.9%
Q2 25
0.4%
96.1%
Q1 25
0.3%
119.8%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.3%
Q1 24
0.3%
212.4%
Cash Conversion
MAN
MAN
VG
VG
Q4 25
5.92×
1.77×
Q3 25
3.32×
3.42×
Q2 25
3.07×
Q1 25
-27.36×
2.15×
Q4 24
11.00×
Q3 24
3.66×
Q2 24
-2.29×
Q1 24
2.92×
0.91×

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%

VG
VG

Plaquemines Project Segment$3.4B76%
Calcasieu Project Segment$841.0M19%
Other$208.0M5%

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