A formed material manufacturing method, comprising manufacturing a formed material having a cylindrical trunk portion and a flange portion formed at an end section of the trunk portion by performing multi-stage drawing of a material metal sheet, wherein the multi-stage drawing includes: preliminary drawing that forms, from the material metal sheet, a preform having a trunk element; compression drawing that is performed at least once after the preliminary and that forms the trunk portion by drawing the trunk element while applying, to the trunk element, a compressive force along the depth direction of the trunk element, by using a forming die including a die having a push-in hole, a punch that is inserted into the trunk element and that pushes the trunk element into the push-in hole, and pressing means for applying the compressive force to a peripheral wall of the trunk element; characterized in that finish-ironing that is performed at least once after the compression drawing performed at least once, the pressing means is a lifter pad having a pad portion which is disposed at an outer peripheral position of the punch so as to oppose the die and on which a lower end of the peripheral wall of the trunk element is placed, and a support portion configured to support the pad portion from below and to be capable of adjusting a support force with which the pad portion is supported, the compression drawing performed at least once is performed so as to be complete by the time at which the pad portion reaches a bottom dead center, and the support force acts on the trunk element, as the compressive force, during compression drawing of the trunk element, wherein, in the compression drawing performed at least once, the average thickness of the peripheral wall of the trunk element before the finish-ironing is adjusted by adjusting the support force with which the pad portion is supported, in accordance with the thickness of the material metal sheet. preliminary drawing that forms, from the material metal sheet, a preform having a trunk element; compression drawing that is performed at least once after the preliminary and that forms the trunk portion by drawing the trunk element while applying, to the trunk element, a compressive force along the depth direction of the trunk element, by using a forming die including a die having a push-in hole, a punch that is inserted into the trunk element and that pushes the trunk element into the push-in hole, and pressing means for applying the compressive force to a peripheral wall of the trunk element; characterized in that finish-ironing that is performed at least once after the compression drawing performed at least once, the pressing means is a lifter pad having a pad portion which is disposed at an outer peripheral position of the punch so as to oppose the die and on which a lower end of the peripheral wall of the trunk element is placed, and a support portion configured to support the pad portion from below and to be capable of adjusting a support force with which the pad portion is supported, the compression drawing performed at least once is performed so as to be complete by the time at which the pad portion reaches a bottom dead center, and the support force acts on the trunk element, as the compressive force, during compression drawing of the trunk element, wherein, in the compression drawing performed at least once, the average thickness of the peripheral wall of the trunk element before the finish-ironing is adjusted by adjusting the support force with which the pad portion is supported, in accordance with the thickness of the material metal sheet.