Manhattan Associates (MANH) Key Ratios
$205.91
As on 08-Sep-2026 14:36EDT
Market cap
$12,464 Mln
Revenue (TTM)
$1,126 Mln
P/E Ratio
63.6
P/B Ratio
80.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 5.52 | 9.31 | 6.48 | 9.91 | 12.69 |
| EBIT | -2.98 | -9.78 | 1.32 | 15.76 | 17.18 |
| Net Profit | 2.14 | -11.32 | -4.94 | 12.94 | 16.32 |
| EPS | 3.04 | -9.00 | -2.86 | 14.48 | 17.85 |
| Book Value | -- | -- | 7.60 | 12.99 | 8.86 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 25.01 | 23.17 | 25.16 | 26.44 | 25.60 |
| Net Margin
| -- | 16.68 | 18.67 | -- | -- |
| Return on equity
| 72.40 | 63.66 | 89.03 | 71.66 | 75.64 |
| Return on Capital
| 63.51 | 56.62 | -- | 56.83 | 67.93 |
| Return on Assets
| 28.82 | 26.34 | 18.08 | 27.55 | 30.52 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.36 | 0.16 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
56.83
|
67.93
|
65.78
|
50.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
89.03
Higher than Peers by 70.17
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
89.03
|
71.66
|
75.64
|
69.92
|
54.02
|
|
Peer Median
|
18.86
|
--
|
--
|
--
|
--
|
ROA
18.08
Higher than Peers by 13.04
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
18.08
|
27.55
|
30.52
|
28.40
|
23.24
|
|
Peer Median
|
5.04
|
--
|
--
|
--
|
--
|
EBIT Margin
25.16
Higher than Peers by 13.67
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
25.16
|
26.44
|
25.60
|
23.01
|
20.61
|
|
Peer Median
|
11.50
|
--
|
--
|
--
|
--
|
Net Margin
18.67
Higher than Peers by 10.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
18.67
|
20.34
|
20.95
|
19.01
|
16.71
|
|
Peer Median
|
8.43
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
6.48
Lower than Peers by 2.70
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
6.48
|
0.04
|
0.12
|
0.21
|
0.16
|
|
Peer Median
|
9.18
|
--
|
--
|
--
|
--
|
EBIT Growth
1.32
Lower than Peers by 13.27
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
1.32
|
7.15
|
24.87
|
35.13
|
17.94
|
|
Peer Median
|
14.59
|
--
|
--
|
--
|
--
|
Net Profit Growth
-4.94
Lower than Peers by 19.36
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
-4.94
|
0.73
|
23.67
|
36.92
|
16.73
|
|
Peer Median
|
14.42
|
--
|
--
|
--
|
--
|
EPS Growth
-2.86
Lower than Peers by 26.19
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
-2.86
|
0.03
|
0.25
|
0.38
|
0.19
|
|
Peer Median
|
23.34
|
--
|
--
|
--
|
--
|
Book Value Growth
-42.02
Lower than Peers by 56.30
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
-42.02
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.29
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
0.36
|
0.16
|
0.06
|
0.06
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
--
|
0.01
|
0.01
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.98
Lower than Peers by 0.46
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
0.98
|
1.28
|
1.26
|
1.31
|
1.32
|
|
Peer Median
|
1.44
|
--
|
--
|
--
|
--
|
Quick Ratio
0.98
Lower than Peers by 0.43
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
0.98
|
--
|
--
|
1.25
|
--
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
--
|
--
|
--
|
265.30
|
|
Peer Median
|
9.01
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.44
Higher than Peers by 0.54
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
19.44
|
19.85
|
20.21
|
19.66
|
21.82
|
|
Peer Median
|
18.89
|
--
|
--
|
--
|
--
|
Asset Turnover
0.97
Higher than Peers by 0.48
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
0.97
|
1.35
|
1.46
|
1.49
|
1.38
|
|
Peer Median
|
0.49
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
71.83
|
68.89
|
68.82
|
70.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
--
|
15.85
|
17.33
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
18.62
|
19.56
|
21.01
|
22.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
--
|
65.18
|
65.14
|
47.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
63.62
Higher than Peers by 38.18
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
63.62
|
47.78
|
76.74
|
76.28
|
59.33
|
|
Peer Median
|
25.44
|
--
|
--
|
--
|
--
|
Price / Book Value
80.24
Higher than Peers by 74.50
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
80.24
|
33.39
|
56.02
|
48.40
|
33.74
|
|
Peer Median
|
5.74
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
43.29
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
43.29
|
35.23
|
60.56
|
60.23
|
45.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
12,464
Higher than Peers by 11,151
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Manhattan Associates (MANH)
|
12,464
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,312
|
--
|
--
|
--
|
--
|