Man Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,405	1,434	1,168	1,732	1,481
Revenue Growth (YoY)	-2.02%	22.77%	-32.56%	16.95%	57.72%
Cost of Revenue	834	827	708	767	694
Gross Profit	571	607	460	965	787
Selling, General & Admin	25	22	19	18	16
Amortization of Goodwill & Intangibles	12	24	25	51	61
Other Operating Expenses	252	200	188	142	146
Operating Expenses	289	246	232	211	223
Operating Income	282	361	228	754	564
Interest Expense	-21	-26	-22	-13	-2
Interest & Investment Income	8	12	12	5	1
Earnings From Equity Investments	-2	-2	-3	-5	-2
Other Non Operating Income (Expenses)	-5	-9	-11	-3	-12
EBT Excluding Unusual Items	262	336	204	738	549
Merger & Restructuring Charges	-36	-22	-9	-	-
Gain (Loss) on Sale of Investments	84	88	76	7	42
Gain (Loss) on Sale of Assets	-	3	12	-	-
Asset Writedown	-5	-	-3	-	-3
Other Unusual Items	-45	-4	-	-	2
Pretax Income	260	401	280	745	590
Income Tax Expense	82	100	45	137	103
Earnings From Continuing Operations	178	301	235	608	487
Minority Interest in Earnings	-3	-3	-1	-	-
Net Income	175	298	234	608	487
Net Income to Common	175	298	234	608	487
Net Income Growth	-41.27%	27.35%	-61.51%	24.85%	252.90%
Shares Outstanding (Basic)	1,136	1,160	1,178	1,288	1,402
Shares Outstanding (Diluted)	1,165	1,189	1,207	1,327	1,440
Shares Change (YoY)	-2.04%	-1.49%	-9.06%	-7.83%	-2.59%
EPS (Basic)	0.15	0.26	0.20	0.47	0.35
EPS (Diluted)	0.15	0.25	0.19	0.46	0.34
EPS Growth	-40.24%	29.38%	-57.64%	35.50%	263.44%
Free Cash Flow	221	630	325	716	458
Free Cash Flow Per Share	0.19	0.53	0.27	0.54	0.32
Dividend Per Share	0.172	0.172	0.163	0.157	0.140
Dividend Growth	-	5.52%	3.82%	12.14%	32.07%
Gross Margin	40.64%	42.33%	39.38%	55.72%	53.14%
Operating Margin	20.07%	25.17%	19.52%	43.53%	38.08%
Profit Margin	12.46%	20.78%	20.03%	35.10%	32.88%
Free Cash Flow Margin	15.73%	43.93%	27.82%	41.34%	30.93%
EBITDA	309	396	265	817	638
EBITDA Margin	21.99%	27.62%	22.69%	47.17%	43.08%
D&A For EBITDA	27	35	37	63	74
EBIT	282	361	228	754	564
EBIT Margin	20.07%	25.17%	19.52%	43.53%	38.08%
Effective Tax Rate	31.54%	24.94%	16.07%	18.39%	17.46%
Revenue as Reported	1,405	1,434	1,168	1,732	1,481

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.