Manhattan Associates, Inc.

Manhattan Associates, Inc.

MANH
Manhattan Associates, Inc.US flagNASDAQ Global Select
141.07
USD
-4.08
- -
8.35BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.41
6.56
7.58
8.43
8.6
8.45
9.6
9.23
10.46
12.22
15.02
17
17.88
18.29
Basic EPS, GAAP
0.88
1.09
1.41
1.73
1.68
1.58
1.33
1.37
1.74
2.05
2.86
3.56
3.64
3.6
Free Cash Flow per Basic Share
1.1
1.13
1.48
1.85
2.28
1.96
2.05
2.17
2.86
2.76
3.91
4.67
6.18
6.31
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.47
2.56
2.83
2.58
2.7
2.48
2.49
3.73
4.26
4.05
4.94
5.38
5.72
4.01
Tangible Book Value per Share
1.56
1.6
1.81
1.49
1.63
1.28
1.24
2.47
2.97
2.62
3.49
3.86
4.18
2.38
Basic Weighted Avg Shares
77
75
73
72
69
66
64
64
63
63
62
61
60
60
Sales/Revenue/Turnover
415
492
556
605
595
559
618
586
664
767
929
1,042
1,081
1,101
Operating Margin (%)
24.43
25.83
29.02
32.14
31.71
23.94
18.76
19.45
20.24
19.91
22.6
25.1
26.15
25.58
Depreciation Expense
6
6
8
9
9
9
8
9
8
7
6
6
6
7
Net Income, GAAP
67
82
103
124
116
105
86
87
110
129
177
218
220
217
Effective Tax Rate (%)
34.73
35.94
36.46
36.65
36.98
23.15
26.12
23.32
17.6
18.44
17.36
18.16
23.07
25.46
Profit Margin (%)
16.23
16.66
18.6
20.55
19.59
18.72
13.88
14.88
16.65
16.81
19.01
20.95
20.34
19.68
Working Capital
115
107
110
89
104
70
50
137
159
100
113
103
127
48
LT Debt
- -
- -
- -
- -
- -
- -
32
28
23
14
18
48
56
56
Total Equity
182
182
195
169
175
147
142
219
251
227
278
299
315
205
Return on Invested Capital (%)
38.34
43.86
54.23
67.04
67.1
62.81
53.31
41.81
42.83
48.97
64.73
66.16
60.43
75.44
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
37.85
43
51.76
63.21
62.61
59.69
52.92
43.92
43.52
49.15
63.1
68.74
65.1
84

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
48
56
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
59
Market Capitalization
12,445
10,481
8,011

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
526
583
516
Cash, Cash Equivalents & STI
264
329
226
Accounts Receivable, Net
220
215
227
Inventories
- -
- -
- -
Total Current Liabilities
400
456
467
Payables & Accruals
45
50
53
ST Debt
- -
- -
- -
Deferred Revenue
296
337
356

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
8.08%
5.23%
Free Cash Flow
14.5%
23.08%
30.62%
Net Income, GAAP
9.2%
20.94%
0.73%
Sales/Revenue/Turnover
7.23%
13.16%
3.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
255
265
267
256
1,042
2025
263
272
276
270
1,081
2026
282
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.87
0.86
1.04
0.79
3.56
2025
0.86
0.94
0.97
0.87
3.64
2026
0.83
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Eric A. Clark
Full Time Employees
4,690
Sector
Technology
Industry
Software - Application
Address
2300 Windy Ridge Parkway Atlanta GA United States of America 30339
IPO Date
Apr 23, 1998
Website
manh.com
Business
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions designed to optimize supply chain, inventory, and omnichannel commerce operations. Its core product offerings include warehouse management systems (WMS); transportation management; inventory optimization; order management; supply chain planning; and labor management solutions. The company’s flagship platform, Manhattan Active®, is a cloud-native, microservices-based suite that integrates these capabilities with embedded artificial intelligence, robotics, and machine learning technologies. Manhattan also offers specialized solutions such as Manhattan Active Maven, a generative AI-powered customer service tool, and advanced analytics tools for data monetization and operational insights. These solutions serve retail, wholesale, manufacturing, logistics, and third-party logistics customers globally, with significant operations across the Americas, Europe, Middle East & Africa, and Asia-Pacific regions. Founded in 1990, Manhattan Associates is headquartered in Atlanta, Georgia. Recent major developments include the strategic unification of its platform ecosystem to reduce operational complexity and improve customer responsiveness through AI integration and enhanced cloud capabilities. The company has launched the Manhattan Active Supply Chain Planning Solution, which enables bi-directional collaboration between planning and execution systems in real time. In 2024, Manhattan Associates unveiled Manhattan Active Maven, an industry-first generative AI solution designed to transform customer service within the supply chain domain. It also introduced new capabilities such as yard management, dynamic load building, and in-app analytics with embedded generative AI to differentiate its offering competitively. The company completed a leadership transition in 2025, maintaining strategic continuity focused on scalable execution and innovation. Manhattan has forged strategic partnerships, including collaborations with Google to enhance data leverage and analytics. It remains debt-free with over 4,500 employees worldwide and has invested approximately $1 billion in research and development since 2010, with $138 million spent in 2024 alone. Manhattan Associates targets large enterprises and complex supply chain operations requiring high degrees of automation and digital transformation in industries including retail, manufacturing, logistics, and distribution. The company’s solutions enable seamless, end-to-end supply chain visibility, planning, execution, and omnichannel commerce integration, supporting scalability and agility across global markets. Its extensive deployment footprint and over 600 customer go-lives in 2024 underscore its leadership position as a technology innovator in supply chain commerce software. The company is publicly traded on NASDAQ under the ticker MANH.

Company News

APIChat
  • MANH Pushes Deeper Into a Cloud-First Model: Buy or Hold the Stock?

  • Manhattan Associates and AI Agents: Can ActivePlatform Spark 2027?

  • MANH Faces Risks From Services Utilization: Hold the Stock Now?

  • Manhattan Associates Honors Customer Innovators Leading the Future of Supply Chain Commerce

  • MANH Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. – MANH

  • Manhattan Associates: A Risky Bet or a Hidden Gem?

  • Manhattan Associates, Inc. Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. - MANH

  • Manhattan Associates, Inc. Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. - MANH

  • Manhattan Recognizes its Valued Partners at Momentum 2026

  • Manhattan Associates, Inc. (MANH) Presents at 46th Annual William Blair Growth Stock Conference Transcript

  • MANH Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. – MANH

  • Manhattan Associates Inc (MANH) Stock Up 7.4% and Still Undervalued -- GF Score: 85/100

  • Manhattan Associates Inc (MANH) Shares Surge 3.3% -- What GF Score of 85 Tells Investors

  • MANH Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. – MANH

  • MANH Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. – MANH

  • MANH Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. – MANH

  • Manhattan Associates Introduces Sightline™, Bringing Decision Intelligence to Supply Chain Planning

  • Manhattan Associates Introduces Sightline™, Bringing Decision Intelligence to Supply Chain Planning

  • Manhattan Associates Unveils Manhattan Marketplace™, a Shared Engine for Supply Chain and Commerce AI Innovation

  • Manhattan Associates Debuts Solution Design Studio™ at Momentum