ManpowerGroup Files 10-K, Details Segment Performance & Financials

TL;DR

**ManpowerGroup's 10-K is out, giving a deep dive into their 2023 financials and segment performance, especially in Southern Europe.**

AI Summary

ManpowerGroup Inc. filed its 10-K on February 16, 2024, for the fiscal year ending December 31, 2023. The filing details financial information and operational segments, including Southern Europe and France, and mentions various accounting standards and financial instruments like treasury stock and pension plans. The company's business address is 100 Manpower Place, Milwaukee, WI 53212.

Why It Matters

This filing provides a comprehensive look into ManpowerGroup's financial health and operational strategies, offering insights into the global employment services market.

Risk Assessment

Risk Level: medium — The filing details various financial instruments and segment performance, which inherently carry market and operational risks.

Key Players & Entities

• ManpowerGroup Inc. (company) — Filer of the 10-K
• Southern Europe (company) — Operating segment
• France (company) — Subsegment within Southern Europe
• December 31, 2023 (date) — Conformed period of report end date
• February 16, 2024 (date) — Filed as of date

FAQ

From the Filing

0000950170-24-016399.txt : 20240216 0000950170-24-016399.hdr.sgml : 20240216 20240216162224 ACCESSION NUMBER: 0000950170-24-016399 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 128 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ManpowerGroup Inc. CENTRAL INDEX KEY: 0000871763 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 391672779 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10686 FILM NUMBER: 24648712 BUSINESS ADDRESS: STREET 1: 100 MANPOWER PLACE CITY: MILWAUKEE STATE: WI ZIP: 53212 BUSINESS PHONE: 414 961-1000 MAIL ADDRESS: STREET 1: 100 MANPOWER PLACE CITY: MILWAUKEE STATE: WI ZIP: 53212 FORMER COMPANY: FORMER CONFORMED NAME: MANPOWER INC /WI/ DATE OF NAME CHANGE: 19930328 10-K 1 man-20231231.htm 10-K 10-K 0000871763 false FY --12-31 http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet P1Y 2022-09-30 http://www.manpowergroup.com/20231231#InterestAndOtherNonOperatingExpenses http://www.manpowergroup.com/20231231#InterestAndOtherNonOperatingExpenses http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent 0000871763 us-gaap:TreasuryStockCommonMember 2021-12-31 0000871763 man:SouthernEuropeMember us-gaap:OperatingSegmentsMember man:FranceSubsegmentMember 2021-12-31 0000871763 us-gaap:ForeignPlanMember us-gaap:FairValueInputsLevel2Member man:InsuranceContractMember us-gaap:PensionPlansDefinedBenefitMember 2022-12-31 0000871763 man:OtherMember 2022-01-01 2022-12-31 0000871763 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2022-12-31 0000871763 man:SouthernEuropeMember man:StaffingandInterimMember man:OtherSouthernEuropeReportableSegmentMember 2022-01-01 2022-12-31 0000871763 us-gaap:DefinedBenefitPostretirementHealthCoverageMember 2021-01-01 2021-12-31 0000871763 man:UnitedStatesSubsegmentMember man:AmericasSegmentMember us-gaap:TransferredAtPointInTimeMember 2023-01-01 2023-12-31 0000871763 man:SouthernEuropeMember man:ItalySubsegmentMember man:OutcomeBasedSolutionsandConsultingMember 2022-01-01 2022-12-31 0000871763 man:PerformanceShares1Member 2021-01-01 2021-12-31 0000871763 man:FurnitureFixturesAndAutosMember 2023-12-31 0000871763 us-gaap:CommonStockMember 2020-12-31 0000871763 man:NotesDueJune2026Member 2018-06-22 0000871763 us-gaap:ReportableSubsegmentsMember man:ApmeMember 2023-01-01 2023-12-31 0000871763 man:StatutoryPlansMemberMember 2021-01-01 2021-12-31 0000871763 us-gaap:StockAppreciationRightsSARSMember 2022-01-01 2022-12-31 0000871763 man:SouthernEuropeMember us-gaap:TransferredAtPointInTimeMember 2023-01-01 2023-12-31 0000871763 srt:MaximumMember us-gaap:ComputerSoftwareIntangibleAssetMember 2023-12-31 0000871763 us-gaap:ForeignPlanMember man:FixedIncomeSecuritiesGuaranteedInsuranceContractsMember us-gaap:FairValueInputsLevel1Member us-gaap:PensionPlansDefinedBenefitMember 2023-12-31 0000871763 man:NetherlandsSubsegmentMember us-gaap:MeasurementInputLongTermRevenueGrowthRateMember 2023-09-30 0000871763 man:OutcomeBasedSolutionsandConsultingMember man:ApmeMember 2022-01-01 2022-12-31 0000871763 man:FrenchBusinessTaxMember 2023-01-01 2023-12-31 0000871763 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-12-31 0000871763 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2023-09-29 2023-09-29 0000871763 man:UnitedStatesSubsegmentMember man:AmericasSegmentMember man:ProductsandServicesOtherMember 2022-01-01 2022-12-31 0000871763 man:FrenchBusinessTaxFederalTaxRateDifferenceMember 2022-01-01 2022-12-31 0000871763 man:InterestRateSwapNetOfIncomeTaxMember 2022-12-31 0000871763 man:SouthernEuropeMember man:OtherSouthernEuropeReportableSegmentMember us-gaap:MaterialReconcilingItemsMember 2023-01-01 2023-12-31 0000871763 man:SouthernEuropeMember man:OtherSouthernEuropeReportableSegmentMember us-gaap:Materi