ManpowerGroup vs Paychex
ManpowerGroup reported revenue of $18.0 billion in fiscal 2025, 2.8 times Paychex's $6.5 billion in fiscal 2026. ManpowerGroup's revenue grew 0.6% in its latest year, and Paychex's grew 16.9%. ManpowerGroup had an operating margin of 0.8%, against 38.5% at Paychex. Free cash flow was −$161 million at ManpowerGroup and $2.3 billion at Paychex. Their fiscal years end in different months (December 31 and May 31), so the periods don't line up exactly.
Side by side
| ManpowerGroup | Paychex | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, May 31, 2026 |
| Revenue | $18.0B | $6.5B |
| Revenue growth | 0.6% | 16.9% |
| Revenue growth a year, last 5 years | −0.0% | 9.9% |
| Gross margin | 16.7% | 74.3% |
| Operating margin | 0.8% | 38.5% |
| Net margin | −0.1% | 27.0% |
| Free cash flow | −$161M | $2.3B |
| Free cash flow margin | −0.9% | 35.6% |
| Return on capital | 2.8% | 26.2% |
| Net debt to EBITDA | 3.4x | 1.2x |
| Dividends and buybacks | $105M | $2.2B |
| Change in diluted share count | −3.5% | −0.6% |
| Last close | $46.18 | $115.70 |
| P/E at the last close | 21.0× | 22.9× |
| Insider trades, last 12 months | — | bought $197,260, sold $4.6 million |
| Piotroski F-score | 2 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ManpowerGroupPaychex
Operating margin
Percent of revenue
ManpowerGroupPaychex
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ManpowerGroupPaychex
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the ManpowerGroup and Paychex pages.