On Jan. 27, Manpower
- Revenues match Street expectations.
- Earnings per share growth increases 10.8%, outrunning estimates.
- Margins drop on the top line, but hold steadier at the bottom. Free cash flow increases 63%.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. | FY 2005 | FY 2004 | % Change | |
|---|---|---|---|---|
Sales | $16,080 | $16,080 | $14,930 | +7.7% |
Net Profit | -- | $260 | $246 | +5.9% |
EPS | $2.73 | $2.87 | $2.59 | +10.8% |
Get back to basics with a look at the income statement.
Margin Checkup
FY 2005 | FY 2004 | Change | |
|---|---|---|---|
Gross Margin | 18.34% | 18.67% | -0.34% |
Op. Margin | 2.71% | 2.65% | +0.06% |
Net Margin | 1.62% | 1.65% | -0.03% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | FY 2005 | FY 2004 | % Change |
|---|---|---|---|
Cash+ ST Invest. | $455 | $532 | -14.5% |
Inventory | $- | $- | N/A |
Accounts Rec. | $3,208 | $3,228 | -0.6% |
Liabilities | FY 2005 | FY 2004 | % Change |
|---|---|---|---|
Long-Term Debt | $475 | $676 | -29.7% |
Accounts Pay. | $685 | $687 | -0.2% |
Cash Flow Highlights
FY 2005 | FY 2004 | % Change | |
|---|---|---|---|
Cash From Ops | $272 | $187 | +45.4% |
Capital Expend. | $78 | $68 | +14.3% |
Free Cash Flow | $195 | $120 | +63.0% |
Find out why Fools always follow the money.
Related Companies:
- Spherion
(NYSE:SFN) - Kelly
(NASDAQ:KELYA) - Adecco
(NYSE:ADO)
Related Foolishness:
- Foolish Fundamentals: Margins
- Foolish Fundamentals: Enterprise Value
- Foolish Fundamentals: Free Cash Flow
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Seth Jayson had no positions in any company mentioned here. Fool rules are here.
