Manhattan Associates, Inc.(MANH)Earnings, Financials & Key Ratios

MANH•NASDAQ

$141.15

$8.36B mkt cap·39.2× P/E·Price updated May 6, 2026

SectorTechnology IndustryApplication Software Sub-IndustryE-commerce platforms and retail enablement

AboutManhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. The company also provides inventory optimization, planning, and allocation solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, it resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel, as well as through partnership agreements with various organizations. It serves grocery, food and beverage, manufacturing, medical and pharmaceutical, retail, third-party logistics, and wholesale industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.Show more

Revenue$1.08B+3.7%
EBITDA$289M+7.9%
Net Income$220M+0.7%
EPS (Diluted)3.60+2.6%
Gross Margin55.74%+2.8%
EBITDA Margin26.73%+4.0%
Operating Margin26.15%+4.2%
Net Margin20.34%-2.9%
ROE71.66%-5.3%
ROIC236.84%-36.1%
Debt/Equity0.36+123.4%

Technical→

MANH Key Insights

Manhattan Associates, Inc. (MANH) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 72.4%
✓Strong 5Y profit CAGR of 20.3%
✓FCF machine: 34.6% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 13.0%
✓Healthy 5Y average net margin of 18.8%

✗Weaknesses

✗Trading more than 30% below 52-week high
✗Expensive at 27.4x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MANH Price & Volume

Manhattan Associates, Inc. (MANH) stock price & volume — 10-year historical chart

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MANH Growth Metrics

Manhattan Associates, Inc. (MANH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.87%

5 Years13.02%

3 Years12.13%

TTM4.78%

Profit CAGR

10 Years7.83%

5 Years20.32%

3 Years19.48%

TTM-0.22%

EPS CAGR

10 Years9.9%

5 Years21.49%

3 Years21.04%

TTM2%

Return on Capital

10 Years72.51%

5 Years66.76%

3 Years76.58%

Last Year76.34%

MANH Recent Earnings

Manhattan Associates, Inc. (MANH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 12/12 qtrs (100%)

Q2 2026Latest

Apr 21, 2026

EPS

$1.24

Est $1.10

+12.7%

Revenue

$282M

Est $274M

+3.1%

Q1 2026

Jan 27, 2026

EPS

$1.21

Est $1.11

+9.0%

Revenue

$270M

Est $265M

+2.1%

Q4 2025

Oct 21, 2025

EPS

$1.36

Est $1.19

+14.3%

Revenue

$276M

Est $272M

+1.5%

Q3 2025

Jul 22, 2025

EPS

$1.31

Est $1.13

+15.9%

Revenue

$272M

Est $264M

+3.3%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 21, 2026	$1.24vs $1.10+12.7%	$282Mvs $274M+3.1%
Q1 2026	Jan 27, 2026	$1.21vs $1.11+9.0%	$270Mvs $265M+2.1%
Q4 2025	Oct 21, 2025	$1.36vs $1.19+14.3%	$276Mvs $272M+1.5%
Q3 2025	Jul 22, 2025	$1.31vs $1.13+15.9%	$272Mvs $264M+3.3%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
WMSAdvanced Drainage Systems, Inc.Direct Competitor	12.13B	142.65	24.77	1.04%	15.75%	23.2%	3.04%	0.88
NCNOnCino, Inc.Direct Competitor	2.13B	17.96	-54.42	13.45%	-3.71%	-2.07%	2.51%	0.22
VEEVVeeva Systems Inc.Direct Competitor	27.83B	171.15	31.46	16.34%	28.44%	13.41%	5.09%	0.01
GWREGuidewire Software, Inc.Direct Competitor	11.84B	140.02	172.86	22.64%	14.11%	12.92%	2.49%	0.49
PCTYPaylocity Holding CorporationDirect Competitor	5.8B	107.68	26.79	13.74%	14.19%	21.69%	5.91%	0.18
SAPSAP SEProduct Competitor	200.87B	172.39	24.52	7.68%	19.12%	15.67%	4.64%	0.18
ORCLOracle CorporationProduct Competitor	533.17B	185.45	42.73	8.38%	25.3%	56.31%		4.96
EPAMEPAM Systems, Inc.Product Competitor	6.05B	109.64	13.98	0.8%	7.01%	9.97%	8.71%	0.04

Compare MANH vs Peers

Manhattan Associates, Inc. (MANH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WMS

Most directly comparable listed peer for MANH.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare MANH against a more recognizable public peer.

Peer Set

Compare Top 5

vs WMS, NCNO, VEEV, GWRE

MANH Income Statement

Manhattan Associates, Inc. (MANH) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	594.6M	559.16M	617.95M	586.37M	663.64M	767.08M	928.73M	1.04B	1.08B	1.1B
Revenue Growth %	-1.65%	-5.96%	10.51%	-5.11%	13.18%	15.59%	21.07%	12.23%	3.75%	4.78%
Cost of Goods Sold	254.79M	249.49M	292.95M	278.83M	305.74M	364.9M	436.37M	477.28M	478.66M	489.19M
COGS % of Revenue	42.85%	44.62%	47.41%	47.55%	46.07%	47.57%	46.99%	45.79%	44.26%	-
Gross Profit	339.81M▲ 0%	309.66M▼ 8.9%	325M▲ 5.0%	307.54M▼ 5.4%	357.9M▲ 16.4%	402.18M▲ 12.4%	492.36M▲ 22.4%	565.07M▲ 14.8%	602.74M▲ 6.7%	611.63M▲ 0%
Gross Margin %	57.15%	55.38%	52.59%	52.45%	53.93%	52.43%	53.01%	54.21%	55.74%	55.56%
Gross Profit Growth %	-1.67%	-8.87%	4.95%	-5.37%	16.38%	12.37%	22.42%	14.77%	6.67%	-
Operating Expenses	151.24M	175.78M	209.07M	193.48M	223.57M	249.48M	282.48M	303.48M	320M	330.06M
OpEx % of Revenue	25.44%	31.44%	33.83%	33%	33.69%	32.52%	30.42%	29.11%	29.59%	-
Selling, General & Admin	93.54M	103.88M	121.46M	109.2M	125.94M	137.61M	155.66M	165.79M	174.94M	181.12M
SG&A % of Revenue	15.73%	18.58%	19.66%	18.62%	18.98%	17.94%	16.76%	15.9%	16.18%	-
Research & Development	57.7M	71.9M	87.61M	84.28M	97.63M	111.88M	126.81M	137.69M	145.06M	147.11M
R&D % of Revenue	9.7%	12.86%	14.18%	14.37%	14.71%	14.58%	13.65%	13.21%	13.41%	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	1000K
Operating Income	185.65M▲ 0%	133.89M▼ 27.9%	115.92M▼ 13.4%	114.06M▼ 1.6%	134.33M▲ 17.8%	152.7M▲ 13.7%	209.88M▲ 37.4%	261.6M▲ 24.6%	282.74M▲ 8.1%	281.56M▲ 0%
Operating Margin %	31.22%	23.94%	18.76%	19.45%	20.24%	19.91%	22.6%	25.1%	26.15%	25.58%
Operating Income Growth %	-4.46%	-27.88%	-13.42%	-1.61%	17.77%	13.67%	37.45%	24.64%	8.08%	-
EBITDA	194.71M	142.5M	123.91M	123.01M	142.25M	159.36M	215.63M	267.9M	289.05M	288.17M
EBITDA Margin %	32.75%	25.48%	20.05%	20.98%	21.43%	20.78%	23.22%	25.7%	26.73%	26.18%
EBITDA Growth %	-4.27%	-26.81%	-13.04%	-0.73%	15.64%	12.03%	35.31%	24.24%	7.9%	5.37%
D&A (Non-Cash Add-back)	9.06M	8.61M	7.99M	8.95M	7.91M	6.66M	5.75M	6.3M	6.32M	6.61M
EBIT	188.57M	133.89M	115.92M	114.06M	134.33M	152.7M	209.88M	261.6M	285.89M	286.32M
Net Interest Income	1.17M	1.07M	715K	98K	168K	596K	5.3M	6.03M	4.39M	2.44M
Interest Income	1.17M	1.07M	715K	98K	168K	596K	5.3M	6.03M	4.39M	2.44M
Interest Expense	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	-812K	2.34M	153K	-285K	-261K	5.42M	3.79M	5.22M	3.16M	9.09M
Pretax Income	184.83M▲ 0%	136.23M▼ 26.3%	116.08M▼ 14.8%	113.78M▼ 2.0%	134.07M▲ 17.8%	158.12M▲ 17.9%	213.67M▲ 35.1%	266.81M▲ 24.9%	285.89M▲ 7.2%	290.66M▲ 0%
Pretax Margin %	31.09%	24.36%	18.78%	19.4%	20.2%	20.61%	23.01%	25.6%	26.44%	26.4%
Income Tax	68.35M	31.54M	30.32M	26.54M	23.6M	29.16M	37.1M	48.45M	65.95M	74M
Effective Tax Rate %	36.98%	23.15%	26.12%	23.32%	17.6%	18.44%	17.36%	18.16%	23.07%	25.46%
Net Income	116.48M▲ 0%	104.69M▼ 10.1%	85.76M▼ 18.1%	87.24M▲ 1.7%	110.47M▲ 26.6%	128.96M▲ 16.7%	176.57M▲ 36.9%	218.36M▲ 23.7%	219.95M▲ 0.7%	216.66M▲ 0%
Net Margin %	19.59%	18.72%	13.88%	14.88%	16.65%	16.81%	19.01%	20.95%	20.34%	19.68%
Net Income Growth %	-6.24%	-10.12%	-18.08%	1.72%	26.63%	16.73%	36.92%	23.67%	0.73%	-0.22%
Net Income (Continuing)	116.48M	104.69M	85.76M	87.24M	110.47M	128.96M	176.57M	218.36M	219.95M	216.66M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.68▲ 0%	1.58▼ 6.0%	1.32▼ 16.5%	1.36▲ 3.0%	1.72▲ 26.5%	2.03▲ 18.0%	2.82▲ 38.9%	3.51▲ 24.5%	3.60▲ 2.6%	3.61▲ 0%
EPS Growth %	-2.33%	-5.95%	-16.46%	3.03%	26.47%	18.02%	38.92%	24.47%	2.56%	2%
EPS (Basic)	1.68	1.58	1.33	1.37	1.74	2.05	2.86	3.56	3.64	-
Diluted Shares Outstanding	69.42M	66.43M	65.1M	64.33M	64.32M	63.41M	62.61M	62.18M	61.05M	60.04M
Basic Shares Outstanding	69.17M	66.2M	64.4M	63.54M	63.45M	62.77M	61.82M	61.3M	60.47M	59.69M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

MANH Balance Sheet

Manhattan Associates, Inc. (MANH) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	228.07M	215.38M	232.04M	334.04M	408.42M	415.38M	479.19M	503.26M	583.34M	515.82M
Cash & Short-Term Investments	125.52M	100.57M	110.68M	204.71M	263.71M	225.46M	270.74M	266.23M	328.75M	226.13M
Cash Only	125.52M	99.13M	110.68M	204.71M	263.71M	225.46M	270.74M	266.23M	328.75M	226.13M
Short-Term Investments	0	1.44M	0	0	0	0	0	0	0	0
Accounts Receivable	92.23M	100.11M	100.94M	109.2M	127.02M	167.41M	182.54M	210.67M	214.68M	227.11M
Days Sales Outstanding	56.62	65.35	59.62	67.98	69.86	79.66	71.74	73.77	72.46	72.22
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	1.17M	3.54M	6.27M	5.42M	643K	3.61M	5.2M	4.14M	39.91M	62.57M
Total Non-Current Assets	86.92M	91.77M	140.24M	131.37M	131.29M	154.8M	194.16M	254.29M	256.05M	224.72M
Property, Plant & Equipment	15.49M	14.32M	58.62M	49.37M	41.16M	30.6M	33.44M	61.89M	73.56M	72.7M
Fixed Asset Turnover	38.38x	39.05x	10.54x	11.88x	16.12x	25.07x	27.77x	16.84x	14.70x	15.99x
Goodwill	62.25M	62.24M	62.24M	62.25M	62.24M	62.23M	62.23M	62.23M	62.24M	62.24M
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	7.3M	9.77M	12.57M	13.99M	20.24M	24.77M	32.45M	35.66M	44.34M	165.29M
Total Assets	315M▲ 0%	307.15M▼ 2.5%	372.28M▲ 21.2%	465.41M▲ 25.0%	539.71M▲ 16.0%	570.18M▲ 5.6%	673.35M▲ 18.1%	757.55M▲ 12.5%	839.39M▲ 10.8%	740.54M▲ 0%
Asset Turnover	1.89x	1.82x	1.66x	1.26x	1.23x	1.35x	1.38x	1.38x	1.29x	1.42x
Asset Growth %	6.01%	-2.49%	21.2%	25.02%	15.96%	5.65%	18.1%	12.5%	10.8%	37.42%
Total Current Liabilities	124.25M	145.26M	181.6M	196.99M	249.04M	315.6M	365.92M	400.3M	455.91M	467.4M
Accounts Payable	14.03M	18.18M	20.56M	17.8M	19.63M	25.7M	24.51M	26.61M	22.18M	22.41M
Days Payables Outstanding	20.1	26.6	25.62	23.31	23.43	25.71	20.5	20.35	16.91	16.76
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	75.07M	81.89M	94.37M	114.16M	153.2M	208.81M	237.79M	277.97M	337.05M	1.29B
Other Current Liabilities	12.11M	12.16M	45.99M	41.96M	53.1M	54.47M	27.37M	72.18M	26.57M	89.08M
Current Ratio	1.84x	1.48x	1.28x	1.70x	1.64x	1.32x	1.31x	1.26x	1.28x	1.28x
Quick Ratio	1.84x	1.48x	1.28x	1.70x	1.64x	1.32x	1.31x	1.26x	1.28x	1.28x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	55.46
Total Non-Current Liabilities	15.78M	14.74M	48.41M	49.53M	40.02M	27.78M	29.16M	58.12M	68.71M	67.96M
Long-Term Debt	0	0	0	0	0	0	0	0	56.18M	55.69M
Capital Lease Obligations	0	0	32.42M	27.84M	23.16M	14.06M	17.69M	47.79M	56.18M	152.48M
Deferred Tax Liabilities	69K	53K	37K	0	0	0	0	0	0	0
Other Non-Current Liabilities	15.71M	14.69M	15.95M	21.69M	16.86M	13.72M	11.47M	10.33M	-43.65M	-9.71M
Total Liabilities	140.04M	160M	230M	246.51M	289.06M	343.38M	395.07M	458.43M	524.62M	535.36M
Total Debt	0	0	32.42M	27.84M	23.16M	14.06M	17.69M	47.79M	112.36M	55.69M
Net Debt	-125.52M	-99.13M	-78.26M	-176.86M	-240.55M	-211.4M	-253.05M	-218.44M	-216.39M	-170.45M
Debt / Equity	-	-	0.23x	0.13x	0.09x	0.06x	0.06x	0.16x	0.36x	0.36x
Debt / EBITDA	-	-	0.26x	0.23x	0.16x	0.09x	0.08x	0.18x	0.39x	0.19x
Net Debt / EBITDA	-0.64x	-0.70x	-0.63x	-1.44x	-1.69x	-1.33x	-1.17x	-0.82x	-0.75x	-0.75x
Interest Coverage	-	-	-	-	-	-	-	-	-	-
Total Equity	174.96M▲ 0%	147.15M▼ 15.9%	142.28M▼ 3.3%	218.9M▲ 53.9%	250.64M▲ 14.5%	226.8M▼ 9.5%	278.28M▲ 22.7%	299.13M▲ 7.5%	314.76M▲ 5.2%	205.18M▲ 0%
Equity Growth %	3.3%	-15.89%	-3.31%	53.85%	14.5%	-9.51%	22.7%	7.49%	5.23%	16.04%
Book Value per Share	2.52	2.21	2.19	3.40	3.90	3.58	4.44	4.81	5.16	3.42
Total Shareholders' Equity	174.96M	147.15M	142.28M	218.9M	250.64M	226.8M	278.28M	299.13M	314.76M	205.18M
Common Stock	678K	649K	635K	635K	631K	621K	615K	609K	598K	591K
Retained Earnings	186.12M	163.36M	159.49M	236.52M	269.84M	253.71M	304.7M	329.44M	345.1M	240.58M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-11.84M	-16.86M	-17.85M	-18.26M	-19.83M	-27.53M	-27.04M	-30.92M	-30.93M	-35.99M
Minority Interest	0	0	0	0	0	0	0	0	0	0

MANH Cash Flow Statement

Manhattan Associates, Inc. (MANH) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	164.07M	137.35M	146.91M	140.88M	185.18M	179.63M	246.22M	295M	389.47M	389.47M
Operating CF Margin %	27.59%	24.56%	23.77%	24.03%	27.9%	23.42%	26.51%	28.3%	36.02%	-
Operating CF Growth %	17.74%	-16.28%	6.96%	-4.1%	31.44%	-3%	37.07%	19.81%	32.02%	102.65%
Net Income	116.48M	104.69M	85.76M	87.24M	110.47M	128.96M	176.57M	218.36M	219.95M	216.66M
Depreciation & Amortization	9.06M	8.61M	7.99M	8.95M	7.91M	6.66M	5.75M	6.3M	6.32M	6.61M
Stock-Based Compensation	16.23M	19.86M	31.84M	33.35M	43.26M	59.36M	71.57M	93.21M	111.26M	102.65M
Deferred Taxes	1.57M	-4.26M	-1.41M	1.04M	-1.91M	-29.71M	-28.84M	-28.69M	18.34M	48.06M
Other Non-Cash Items	348K	357K	-1.14M	918K	-486K	-1.6M	1.34M	-513K	-274K	2.98M
Working Capital Changes	20.37M	8.09M	23.86M	9.39M	25.94M	15.96M	19.83M	6.33M	33.87M	21.29M
Change in Receivables	10.14M	-9.34M	-1.06M	-6.59M	-16.65M	-44.06M	-13.08M	-26.7M	-3.58M	-13.48M
Change in Inventory	2.54M	-4.36M	-7.74M	915K	0	0	0	0	0	0
Change in Payables	-5.35M	18.6M	20.81M	-3.1M	12.26M	11.79M	18.12M	1.25M	-229K	14.53M
Cash from Investing	-5.77M	-9.84M	-13.75M	-2.73M	-4.02M	-6.59M	-4.73M	-8.68M	-15.46M	-18.67M
Capital Expenditures	-6.2M	-7.31M	-15.19M	-2.73M	-4.02M	-6.59M	-4.73M	-8.68M	-15.46M	-18.67M
CapEx % of Revenue	1.04%	1.31%	2.46%	0.47%	0.61%	0.86%	0.51%	0.83%	1.43%	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	12.87M	-12.05M	14.58M	-1.44M	0	0	0	0	0	0
Cash from Financing	-131.71M	-149.32M	-121.49M	-43.56M	-120.42M	-204.46M	-196.05M	-286.37M	-315.16M	-358.1M
Debt Issued (Net)	0	0	0	0	0	0	0	0	0	0
Equity Issued (Net)	-131.71M	-149.32M	-121.49M	-43.56M	-120.42M	-204.46M	-196.05M	-286.37M	-315.16M	-358.1M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-131.71M	-149.32M	-121.49M	-43.56M	-120.42M	-204.46M	-196.05M	-286.37M	-315.16M	-358.1M
Other Financing	0	0	0	0	0	0	0	0	0	0
Net Change in Cash	29.91M▲ 0%	-26.4M▼ 188.3%	11.55M▲ 143.8%	94.03M▲ 713.9%	59M▼ 37.3%	-38.24M▼ 164.8%	45.28M▲ 218.4%	-4.51M▼ 110.0%	62.52M▲ 1485.9%	20.26M▲ 0%
Free Cash Flow	157.87M▲ 0%	130.04M▼ 17.6%	131.72M▲ 1.3%	138.16M▲ 4.9%	181.17M▲ 31.1%	173.04M▼ 4.5%	241.49M▲ 39.6%	286.33M▲ 18.6%	374.01M▲ 30.6%	379.59M▲ 0%
FCF Margin %	26.55%	23.26%	21.31%	23.56%	27.3%	22.56%	26%	27.47%	34.59%	34.48%
FCF Growth %	19.14%	-17.63%	1.29%	4.89%	31.13%	-4.48%	39.55%	18.57%	30.62%	23.13%
FCF per Share	2.27	1.96	2.02	2.15	2.82	2.73	3.86	4.60	6.13	6.13
FCF Conversion (FCF/Net Income)	1.41x	1.31x	1.71x	1.61x	1.68x	1.39x	1.39x	1.35x	1.77x	1.75x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	64.91M	40.22M	30.49M	23.77M	29.16M	58.02M	67.38M	83.4M	0	0

MANH Key Ratios

Manhattan Associates, Inc. (MANH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	67.66%	65%	59.26%	48.31%	47.06%	54.02%	69.92%	75.64%	71.66%	78.22%
Return on Invested Capital (ROIC)	226.06%	206.08%	155.2%	161.33%	386.53%	898.34%	774.79%	370.46%	236.84%	236.84%
Gross Margin	57.15%	55.38%	52.59%	52.45%	53.93%	52.43%	53.01%	54.21%	55.74%	55.56%
Net Margin	19.59%	18.72%	13.88%	14.88%	16.65%	16.81%	19.01%	20.95%	20.34%	19.68%
Debt / Equity	-	-	0.23x	0.13x	0.09x	0.06x	0.06x	0.16x	0.36x	0.36x
FCF Conversion	1.41x	1.31x	1.71x	1.61x	1.68x	1.39x	1.39x	1.35x	1.77x	1.75x
Revenue Growth	-1.65%	-5.96%	10.51%	-5.11%	13.18%	15.59%	21.07%	12.23%	3.75%	4.78%

MANH SEC Filings & Documents

Manhattan Associates, Inc. (MANH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 21, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Jan 27, 2026·SEC

10-K Annual Reports

FY 2026

Feb 4, 2026·SEC

FY 2025

Feb 7, 2025·SEC

FY 2024

Feb 6, 2024·SEC

10-Q Quarterly Reports

FY 2025

Oct 24, 2025·SEC

FY 2025

Jul 25, 2025·SEC

FY 2025

Apr 25, 2025·SEC

MANH Frequently Asked Questions

Manhattan Associates, Inc. (MANH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Manhattan Associates, Inc. (MANH) reported $1.10B in revenue for fiscal year 2025. This represents a 3287% increase from $32.5M in 1997.

Manhattan Associates, Inc. (MANH) grew revenue by 3.7% over the past year. Growth has been modest.

Yes, Manhattan Associates, Inc. (MANH) is profitable, generating $216.7M in net income for fiscal year 2025 (20.3% net margin).

Dividend & Returns

Manhattan Associates, Inc. (MANH) has a return on equity (ROE) of 71.7%. This is excellent, indicating efficient use of shareholder capital.

Manhattan Associates, Inc. (MANH) generated $379.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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