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Side-by-side financial comparison of ManpowerGroup Inc. (MAN) and Vistra Corp. (VST). Click either name above to swap in a different company.
Vistra Corp. is the larger business by last-quarter revenue ($4.8B vs $4.7B, roughly 1.0× ManpowerGroup Inc.). Vistra Corp. runs the higher net margin — 4.8% vs 0.6%, a 4.2% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 7.1%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $168.0M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% 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.
Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas
MAN vs VST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $4.8B |
| Net Profit | $30.2M | $233.0M |
| Gross Margin | 16.3% | — |
| Operating Margin | 1.7% | 9.9% |
| Net Margin | 0.6% | 4.8% |
| Revenue YoY | 7.1% | 31.2% |
| Net Profit YoY | 34.2% | -47.2% |
| EPS (diluted) | $0.65 | $0.55 |
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.
| Q4 25 | $4.7B | $4.8B | ||
| Q3 25 | $4.6B | $4.8B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $4.1B | $4.3B | ||
| Q4 24 | $4.4B | $3.7B | ||
| Q3 24 | $4.5B | $4.3B | ||
| Q2 24 | $4.5B | $3.6B | ||
| Q1 24 | $4.4B | $3.2B |
| Q4 25 | $30.2M | $233.0M | ||
| Q3 25 | $18.0M | $652.0M | ||
| Q2 25 | $-67.1M | $327.0M | ||
| Q1 25 | $5.6M | $-268.0M | ||
| Q4 24 | $22.5M | $441.0M | ||
| Q3 24 | $22.8M | $1.9B | ||
| Q2 24 | $60.1M | $365.0M | ||
| Q1 24 | $39.7M | $-35.0M |
| 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% | — |
| Q4 25 | 1.7% | 9.9% | ||
| Q3 25 | 1.4% | 21.7% | ||
| Q2 25 | -0.6% | 13.7% | ||
| Q1 25 | 0.7% | -2.8% | ||
| Q4 24 | 1.6% | 16.4% | ||
| Q3 24 | 1.6% | 59.6% | ||
| Q2 24 | 2.2% | 22.5% | ||
| Q1 24 | 1.5% | 2.7% |
| Q4 25 | 0.6% | 4.8% | ||
| Q3 25 | 0.4% | 13.6% | ||
| Q2 25 | -1.5% | 8.7% | ||
| Q1 25 | 0.1% | -6.3% | ||
| Q4 24 | 0.5% | 12.0% | ||
| Q3 24 | 0.5% | 43.5% | ||
| Q2 24 | 1.3% | 10.1% | ||
| Q1 24 | 0.9% | -1.1% |
| Q4 25 | $0.65 | $0.55 | ||
| Q3 25 | $0.38 | $1.75 | ||
| Q2 25 | $-1.44 | $0.81 | ||
| Q1 25 | $0.12 | $-0.93 | ||
| Q4 24 | $0.49 | $1.09 | ||
| Q3 24 | $0.47 | $5.25 | ||
| Q2 24 | $1.24 | $0.90 | ||
| Q1 24 | $0.81 | $-0.24 |
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 | $785.0M |
| Total DebtLower is stronger | $1.1B | $15.8B |
| Stockholders' EquityBook value | $2.1B | $5.1B |
| Total Assets | $9.2B | $41.5B |
| Debt / EquityLower = less leverage | 0.51× | 3.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $871.0M | $785.0M | ||
| Q3 25 | $274.6M | $602.0M | ||
| Q2 25 | $289.8M | $458.0M | ||
| Q1 25 | $395.0M | $561.0M | ||
| Q4 24 | $509.4M | $1.2B | ||
| Q3 24 | $410.9M | $905.0M | ||
| Q2 24 | $468.9M | $1.6B | ||
| Q1 24 | $604.8M | $1.1B |
| Q4 25 | $1.1B | $15.8B | ||
| Q3 25 | $468.3M | $15.8B | ||
| Q2 25 | $470.3M | $15.5B | ||
| Q1 25 | $971.4M | $15.4B | ||
| Q4 24 | $929.4M | $15.4B | ||
| Q3 24 | $999.7M | $13.9B | ||
| Q2 24 | $961.7M | $13.9B | ||
| Q1 24 | $968.9M | $14.7B |
| Q4 25 | $2.1B | $5.1B | ||
| Q3 25 | $2.0B | $5.2B | ||
| Q2 25 | $2.0B | $4.8B | ||
| Q1 25 | $2.1B | $4.8B | ||
| Q4 24 | $2.1B | $5.6B | ||
| Q3 24 | $2.2B | $5.4B | ||
| Q2 24 | $2.1B | $5.6B | ||
| Q1 24 | $2.2B | $5.7B |
| Q4 25 | $9.2B | $41.5B | ||
| Q3 25 | $8.4B | $38.0B | ||
| Q2 25 | $8.5B | $38.1B | ||
| Q1 25 | $8.0B | $38.2B | ||
| Q4 24 | $8.2B | $37.8B | ||
| Q3 24 | $8.5B | $37.9B | ||
| Q2 24 | $8.5B | $39.1B | ||
| Q1 24 | $8.5B | $38.2B |
| Q4 25 | 0.51× | 3.11× | ||
| Q3 25 | 0.23× | 3.02× | ||
| Q2 25 | 0.24× | 3.22× | ||
| Q1 25 | 0.46× | 3.20× | ||
| Q4 24 | 0.44× | 2.77× | ||
| Q3 24 | 0.46× | 2.56× | ||
| Q2 24 | 0.45× | 2.49× | ||
| Q1 24 | 0.45× | 2.60× |
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 | $1.4B |
| Free Cash FlowOCF − Capex | $168.0M | $596.0M |
| FCF MarginFCF / Revenue | 3.6% | 12.4% |
| Capex IntensityCapex / Revenue | 0.2% | 17.4% |
| Cash ConversionOCF / Net Profit | 5.92× | 6.15× |
| TTM Free Cash FlowTrailing 4 quarters | $-161.4M | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $178.9M | $1.4B | ||
| Q3 25 | $59.8M | $1.5B | ||
| Q2 25 | $-189.6M | $572.0M | ||
| Q1 25 | $-153.2M | $599.0M | ||
| Q4 24 | $247.6M | $1.4B | ||
| Q3 24 | $83.5M | $1.7B | ||
| Q2 24 | $-137.9M | $1.2B | ||
| Q1 24 | $116.0M | $312.0M |
| Q4 25 | $168.0M | $596.0M | ||
| Q3 25 | $44.7M | $1.0B | ||
| Q2 25 | $-207.2M | $-118.0M | ||
| Q1 25 | $-166.9M | $-169.0M | ||
| Q4 24 | $236.3M | $923.0M | ||
| Q3 24 | $67.4M | $1.0B | ||
| Q2 24 | $-149.8M | $698.0M | ||
| Q1 24 | $104.2M | $-153.0M |
| Q4 25 | 3.6% | 12.4% | ||
| Q3 25 | 1.0% | 21.1% | ||
| Q2 25 | -4.6% | -3.1% | ||
| Q1 25 | -4.1% | -4.0% | ||
| Q4 24 | 5.4% | 25.2% | ||
| Q3 24 | 1.5% | 23.4% | ||
| Q2 24 | -3.3% | 19.4% | ||
| Q1 24 | 2.4% | -4.8% |
| Q4 25 | 0.2% | 17.4% | ||
| Q3 25 | 0.3% | 9.6% | ||
| Q2 25 | 0.4% | 18.4% | ||
| Q1 25 | 0.3% | 18.1% | ||
| Q4 24 | 0.3% | 11.7% | ||
| Q3 24 | 0.4% | 15.8% | ||
| Q2 24 | 0.3% | 13.8% | ||
| Q1 24 | 0.3% | 14.7% |
| Q4 25 | 5.92× | 6.15× | ||
| Q3 25 | 3.32× | 2.25× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | -27.36× | — | ||
| Q4 24 | 11.00× | 3.07× | ||
| Q3 24 | 3.66× | 0.90× | ||
| Q2 24 | -2.29× | 3.28× | ||
| Q1 24 | 2.92× | — |
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% |
VST
| Retail Energy Charge In ERCOT | $2.1B | 43% |
| Retail Energy Charge In Northeast Midwest | $1.2B | 24% |
| East Segment | $1.1B | 24% |
| Hedging Revenue Realized | $170.0M | 4% |
| Revenue From Other Wholesale Contracts | $116.0M | 2% |
| Transferable Production Tax Credit Revenues | $78.0M | 2% |
| West Segment | $77.0M | 2% |
| Intersegment Sales | $25.0M | 1% |
