ManpowerGroup (FRA:MPW) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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What is ManpowerGroup COGS-to-Revenue?

ManpowerGroup's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,348 Mil. Its Revenue for the three months ended in Mar. 2024 was €4,051 Mil.

ManpowerGroup's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ManpowerGroup's Gross Margin % for the three months ended in Mar. 2024 was 17.34%.

ManpowerGroup COGS-to-Revenue Historical Data

The historical data trend for ManpowerGroup's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ManpowerGroup COGS-to-Revenue Chart

ManpowerGroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.84

0.82

ManpowerGroup Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.82	0.82	0.82	0.82	0.83

ManpowerGroup COGS-to-Revenue Calculation

ManpowerGroup's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14265.31	/	17344.596
	=	0.82

ManpowerGroup's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3348.432	/	4051.036
	=	0.83

ManpowerGroup (FRA:MPW) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

ManpowerGroup's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3348.432 / 4051.036
	=	17.34 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

ManpowerGroup COGS-to-Revenue Related Terms

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ManpowerGroup (FRA:MPW) Business Description

Industry

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Traded in Other Exchanges

MAN:USA

Address

100 Manpower Place, Milwaukee, WI, USA, 53212

Website

https://www.manpowergroup.com

Manpower is one of the three largest multinational firms in the fragmented and over $600 billion global staffing industry. The firm generates most of its sales outside the U.S. and boasts a vast global footprint. Its client base consists of mainly large and multinational companies, but the firm also services small and midsize businesses through its local branch network. It offers each main staffing service (temporary, permanent, and project based) across a variety of professions under its four subsidiary brands: Experis specializes in IT placements; Talent Solutions provides recruitment process outsourcing, or RPO, and outplacement services; Jefferson Wells serves finance, tax, and compliance needs; Manpower focuses on manufacturing, administrative, and assembly positions.