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

ManpowerGroup Inc. is the larger business by last-quarter revenue ($4.7B vs $2.9B, roughly 1.6× Wayfair Inc.). ManpowerGroup Inc. runs the higher net margin — 0.6% vs -3.6%, a 4.2% gap on every dollar of revenue. On growth, Wayfair Inc. posted the faster year-over-year revenue change (7.4% vs 7.1%). ManpowerGroup Inc. produced more free cash flow last quarter ($168.0M vs $-106.0M). Over the past eight quarters, ManpowerGroup Inc.'s revenue compounded faster (3.5% CAGR vs -3.0%).

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.

Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts that sells furniture and home goods online. Formerly known as CSN Stores, it was founded in 2002, and currently offers 14 million items from more than 11,000 global suppliers. The company maintains international operations, including locations in North America and in Canada, Germany, Ireland, China and the United Kingdom.

MAN vs W — Head-to-Head

Bigger by revenue
MAN
MAN
1.6× larger
MAN
$4.7B
$2.9B
W
Growing faster (revenue YoY)
W
W
+0.2% gap
W
7.4%
7.1%
MAN
Higher net margin
MAN
MAN
4.2% more per $
MAN
0.6%
-3.6%
W
More free cash flow
MAN
MAN
$274.0M more FCF
MAN
$168.0M
$-106.0M
W
Faster 2-yr revenue CAGR
MAN
MAN
Annualised
MAN
3.5%
-3.0%
W

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MAN
MAN
W
W
Revenue
$4.7B
$2.9B
Net Profit
$30.2M
$-105.0M
Gross Margin
16.3%
30.0%
Operating Margin
1.7%
69.6%
Net Margin
0.6%
-3.6%
Revenue YoY
7.1%
7.4%
Net Profit YoY
34.2%
7.1%
EPS (diluted)
$0.65
$0.26

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
W
W
Q1 26
$2.9B
Q4 25
$4.7B
$3.3B
Q3 25
$4.6B
$3.1B
Q2 25
$4.5B
$3.3B
Q1 25
$4.1B
$2.7B
Q4 24
$4.4B
$3.1B
Q3 24
$4.5B
$2.9B
Q2 24
$4.5B
$3.1B
Net Profit
MAN
MAN
W
W
Q1 26
$-105.0M
Q4 25
$30.2M
$-116.0M
Q3 25
$18.0M
$-99.0M
Q2 25
$-67.1M
$15.0M
Q1 25
$5.6M
$-113.0M
Q4 24
$22.5M
$-128.0M
Q3 24
$22.8M
$-74.0M
Q2 24
$60.1M
$-42.0M
Gross Margin
MAN
MAN
W
W
Q1 26
30.0%
Q4 25
16.3%
30.3%
Q3 25
16.6%
30.0%
Q2 25
16.9%
30.1%
Q1 25
17.1%
30.7%
Q4 24
17.2%
30.2%
Q3 24
17.3%
30.3%
Q2 24
17.4%
30.2%
Operating Margin
MAN
MAN
W
W
Q1 26
69.6%
Q4 25
1.7%
2.5%
Q3 25
1.4%
1.2%
Q2 25
-0.6%
0.5%
Q1 25
0.7%
-4.5%
Q4 24
1.6%
-3.7%
Q3 24
1.6%
-2.6%
Q2 24
2.2%
-1.1%
Net Margin
MAN
MAN
W
W
Q1 26
-3.6%
Q4 25
0.6%
-3.5%
Q3 25
0.4%
-3.2%
Q2 25
-1.5%
0.5%
Q1 25
0.1%
-4.1%
Q4 24
0.5%
-4.1%
Q3 24
0.5%
-2.6%
Q2 24
1.3%
-1.3%
EPS (diluted)
MAN
MAN
W
W
Q1 26
$0.26
Q4 25
$0.65
$-0.90
Q3 25
$0.38
$-0.76
Q2 25
$-1.44
$0.11
Q1 25
$0.12
$-0.89
Q4 24
$0.49
$-1.01
Q3 24
$0.47
$-0.60
Q2 24
$1.24
$-0.34

Balance Sheet & Financial Strength

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

Metric
MAN
MAN
W
W
Cash + ST InvestmentsLiquidity on hand
$871.0M
$1.1B
Total DebtLower is stronger
$1.1B
$2.9B
Stockholders' EquityBook value
$2.1B
Total Assets
$9.2B
$2.9B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAN
MAN
W
W
Q1 26
$1.1B
Q4 25
$871.0M
$1.5B
Q3 25
$274.6M
$1.2B
Q2 25
$289.8M
$1.4B
Q1 25
$395.0M
$1.4B
Q4 24
$509.4M
$1.4B
Q3 24
$410.9M
$1.3B
Q2 24
$468.9M
$1.3B
Total Debt
MAN
MAN
W
W
Q1 26
$2.9B
Q4 25
$1.1B
$3.3B
Q3 25
$468.3M
$2.9B
Q2 25
$470.3M
$3.0B
Q1 25
$971.4M
$3.2B
Q4 24
$929.4M
$3.1B
Q3 24
$999.7M
$3.2B
Q2 24
$961.7M
$3.2B
Stockholders' Equity
MAN
MAN
W
W
Q1 26
Q4 25
$2.1B
$-2.8B
Q3 25
$2.0B
$-2.8B
Q2 25
$2.0B
$-2.7B
Q1 25
$2.1B
$-2.8B
Q4 24
$2.1B
$-2.8B
Q3 24
$2.2B
$-2.7B
Q2 24
$2.1B
$-2.8B
Total Assets
MAN
MAN
W
W
Q1 26
$2.9B
Q4 25
$9.2B
$3.4B
Q3 25
$8.4B
$3.1B
Q2 25
$8.5B
$3.3B
Q1 25
$8.0B
$3.4B
Q4 24
$8.2B
$3.5B
Q3 24
$8.5B
$3.4B
Q2 24
$8.5B
$3.4B
Debt / Equity
MAN
MAN
W
W
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
MAN
MAN
W
W
Operating Cash FlowLast quarter
$178.9M
$-52.0M
Free Cash FlowOCF − Capex
$168.0M
$-106.0M
FCF MarginFCF / Revenue
3.6%
-3.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
5.92×
TTM Free Cash FlowTrailing 4 quarters
$-161.4M
$459.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAN
MAN
W
W
Q1 26
$-52.0M
Q4 25
$178.9M
$202.0M
Q3 25
$59.8M
$155.0M
Q2 25
$-189.6M
$273.0M
Q1 25
$-153.2M
$-96.0M
Q4 24
$247.6M
$162.0M
Q3 24
$83.5M
$49.0M
Q2 24
$-137.9M
$245.0M
Free Cash Flow
MAN
MAN
W
W
Q1 26
$-106.0M
Q4 25
$168.0M
$177.0M
Q3 25
$44.7M
$128.0M
Q2 25
$-207.2M
$260.0M
Q1 25
$-166.9M
$-101.0M
Q4 24
$236.3M
$142.0M
Q3 24
$67.4M
$32.0M
Q2 24
$-149.8M
$222.0M
FCF Margin
MAN
MAN
W
W
Q1 26
-3.6%
Q4 25
3.6%
5.3%
Q3 25
1.0%
4.1%
Q2 25
-4.6%
7.9%
Q1 25
-4.1%
-3.7%
Q4 24
5.4%
4.5%
Q3 24
1.5%
1.1%
Q2 24
-3.3%
7.1%
Capex Intensity
MAN
MAN
W
W
Q1 26
Q4 25
0.2%
0.7%
Q3 25
0.3%
0.9%
Q2 25
0.4%
0.4%
Q1 25
0.3%
0.2%
Q4 24
0.3%
0.6%
Q3 24
0.4%
0.6%
Q2 24
0.3%
0.7%
Cash Conversion
MAN
MAN
W
W
Q1 26
Q4 25
5.92×
Q3 25
3.32×
Q2 25
18.20×
Q1 25
-27.36×
Q4 24
11.00×
Q3 24
3.66×
Q2 24
-2.29×

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%

W
W

Segment breakdown not available.

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