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Side-by-side financial comparison of ManpowerGroup Inc. (MAN) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
WESCO INTERNATIONAL INC is the larger business by last-quarter revenue ($6.1B vs $4.7B, roughly 1.3× ManpowerGroup Inc.). WESCO INTERNATIONAL INC runs the higher net margin — 2.5% vs 0.6%, a 1.9% gap on every dollar of revenue. On growth, WESCO INTERNATIONAL INC posted the faster year-over-year revenue change (13.8% vs 7.1%). WESCO INTERNATIONAL INC produced more free cash flow last quarter ($213.4M vs $168.0M). Over the past eight quarters, WESCO INTERNATIONAL INC's revenue compounded faster (5.3% 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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
MAN vs WCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $6.1B |
| Net Profit | $30.2M | $153.8M |
| Gross Margin | 16.3% | 21.2% |
| Operating Margin | 1.7% | 4.8% |
| Net Margin | 0.6% | 2.5% |
| Revenue YoY | 7.1% | 13.8% |
| Net Profit YoY | 34.2% | 47.9% |
| EPS (diluted) | $0.65 | — |
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.
| Q1 26 | — | $6.1B | ||
| Q4 25 | $4.7B | $6.1B | ||
| Q3 25 | $4.6B | $6.2B | ||
| Q2 25 | $4.5B | $5.9B | ||
| Q1 25 | $4.1B | $5.3B | ||
| Q4 24 | $4.4B | $5.5B | ||
| Q3 24 | $4.5B | $5.5B | ||
| Q2 24 | $4.5B | $5.5B |
| Q1 26 | — | $153.8M | ||
| Q4 25 | $30.2M | $159.8M | ||
| Q3 25 | $18.0M | $187.5M | ||
| Q2 25 | $-67.1M | $174.5M | ||
| Q1 25 | $5.6M | $118.4M | ||
| Q4 24 | $22.5M | $165.4M | ||
| Q3 24 | $22.8M | $204.3M | ||
| Q2 24 | $60.1M | $232.1M |
| Q1 26 | — | 21.2% | ||
| Q4 25 | 16.3% | 21.2% | ||
| Q3 25 | 16.6% | 21.3% | ||
| Q2 25 | 16.9% | 21.1% | ||
| Q1 25 | 17.1% | 21.1% | ||
| Q4 24 | 17.2% | 21.2% | ||
| Q3 24 | 17.3% | 22.1% | ||
| Q2 24 | 17.4% | 21.9% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 1.7% | 5.3% | ||
| Q3 25 | 1.4% | 5.6% | ||
| Q2 25 | -0.6% | 5.5% | ||
| Q1 25 | 0.7% | 4.5% | ||
| Q4 24 | 1.6% | 5.5% | ||
| Q3 24 | 1.6% | 6.1% | ||
| Q2 24 | 2.2% | 5.9% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 0.6% | 2.6% | ||
| Q3 25 | 0.4% | 3.0% | ||
| Q2 25 | -1.5% | 3.0% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.5% | 3.0% | ||
| Q3 24 | 0.5% | 3.7% | ||
| Q2 24 | 1.3% | 4.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.65 | $3.33 | ||
| Q3 25 | $0.38 | $3.79 | ||
| Q2 25 | $-1.44 | $3.83 | ||
| Q1 25 | $0.12 | $2.10 | ||
| Q4 24 | $0.49 | $3.01 | ||
| Q3 24 | $0.47 | $3.81 | ||
| Q2 24 | $1.24 | $4.28 |
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 | $696.6M |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $2.1B | $5.1B |
| Total Assets | $9.2B | $17.0B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $696.6M | ||
| 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 26 | — | — | ||
| 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 26 | — | $5.1B | ||
| Q4 25 | $2.1B | $5.0B | ||
| Q3 25 | $2.0B | $4.8B | ||
| Q2 25 | $2.0B | $4.8B | ||
| Q1 25 | $2.1B | $5.0B | ||
| Q4 24 | $2.1B | $5.0B | ||
| Q3 24 | $2.2B | $5.0B | ||
| Q2 24 | $2.1B | $4.9B |
| Q1 26 | — | $17.0B | ||
| Q4 25 | $9.2B | $16.5B | ||
| Q3 25 | $8.4B | $16.6B | ||
| Q2 25 | $8.5B | $16.2B | ||
| Q1 25 | $8.0B | $15.5B | ||
| Q4 24 | $8.2B | $15.1B | ||
| Q3 24 | $8.5B | $15.3B | ||
| Q2 24 | $8.5B | $15.1B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $178.9M | $221.4M |
| Free Cash FlowOCF − Capex | $168.0M | $213.4M |
| FCF MarginFCF / Revenue | 3.6% | 3.5% |
| Capex IntensityCapex / Revenue | 0.2% | 0.4% |
| Cash ConversionOCF / Net Profit | 5.92× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | $-161.4M | $231.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.4M | ||
| Q4 25 | $178.9M | $71.9M | ||
| Q3 25 | $59.8M | $-82.7M | ||
| Q2 25 | $-189.6M | $107.8M | ||
| Q1 25 | $-153.2M | $28.0M | ||
| Q4 24 | $247.6M | $276.6M | ||
| Q3 24 | $83.5M | $302.1M | ||
| Q2 24 | $-137.9M | $-223.8M |
| Q1 26 | — | $213.4M | ||
| Q4 25 | $168.0M | $27.5M | ||
| Q3 25 | $44.7M | $-95.9M | ||
| Q2 25 | $-207.2M | $86.0M | ||
| Q1 25 | $-166.9M | $7.6M | ||
| Q4 24 | $236.3M | $252.3M | ||
| Q3 24 | $67.4M | $272.9M | ||
| Q2 24 | $-149.8M | $-244.6M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 3.6% | 0.5% | ||
| Q3 25 | 1.0% | -1.5% | ||
| Q2 25 | -4.6% | 1.5% | ||
| Q1 25 | -4.1% | 0.1% | ||
| Q4 24 | 5.4% | 4.6% | ||
| Q3 24 | 1.5% | 5.0% | ||
| Q2 24 | -3.3% | -4.5% |
| Q1 26 | — | 0.4% | ||
| Q4 25 | 0.2% | 0.7% | ||
| Q3 25 | 0.3% | 0.2% | ||
| Q2 25 | 0.4% | 0.4% | ||
| Q1 25 | 0.3% | 0.4% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.3% | 0.4% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 5.92× | 0.45× | ||
| Q3 25 | 3.32× | -0.44× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | -27.36× | 0.24× | ||
| Q4 24 | 11.00× | 1.67× | ||
| Q3 24 | 3.66× | 1.48× | ||
| Q2 24 | -2.29× | -0.96× |
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% |
WCC
| CSS | $2.5B | 41% |
| EES | $2.2B | 37% |
| UBS | $1.4B | 22% |
