Manhattan Associates (MANH) Financials: Revenue & Earnings
$14.30B
Market Cap
64.99
P/E
44.61
Forward P/E
49
Score
MANH price $245.27 +11.29 +4.82%
Stocklytics score rationale: value 20, quality 76, growth 52.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 604557000 | 594599000 | 559157000 | 617949000 | 586372000 | 663643000 | 767084000 | 928725000 | 1042352000 | 1081392000 |
Manhattan Associates, Inc. develops comprehensive software solutions to manage and optimize supply chains, inventory, and omni-channel operations. Their product portfolio features Manhattan SCALE, a suite of logistics execution tools covering aspects like trading partner management, yard optimization, warehouse management, and transportation execution. Additionally, they offer Manhattan Active, which provides…
MANH fair value $196.96. Price $245.27. Price is 25% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 68% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 379.61M. Growth 10.67%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.54% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 58.31M. Net debt -216.39M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-26 | — | 1.39 | — | 290.06M |
| 2026-10-27 | 1.55 | 1.46 | 306.19M | 297.01M |
| 2026-07-28 | 1.39 | 1.32 | 297.79M | 289.03M |
| 2026-04-21 | 1.24 | 1.10 | 282.21M | 273.70M |
| 2026-01-27 | 1.21 | 1.11 | 270.39M | 264.73M |
| 2025-10-21 | 1.36 | 1.19 | 275.80M | 271.78M |
| 2025-07-22 | 1.31 | 1.13 | 272.42M | 263.72M |
| 2025-04-22 | 1.19 | 1.03 | 262.79M | 256.51M |
| 2025-01-28 | 1.17 | 1.06 | 255.80M | 253.06M |
| 2024-10-22 | 1.35 | 1.06 | 266.68M | 262.90M |
| 2024-07-23 | 1.18 | 0.96 | 265.32M | 255.83M |
| 2024-04-23 | 1.03 | 0.87 | 254.55M | 243.41M |
| 2024-01-30 | 1.03 | 0.80 | 238.25M | 223.97M |
| 2023-10-24 | 1.05 | 0.77 | 238.44M | 226.21M |
| 2023-07-25 | 0.88 | 0.72 | 231.02M | 216.69M |
| 2023-04-25 | 0.80 | 0.64 | 221.01M | 200.51M |
| 2023-02-02 | 0.81 | 0.49 | 198.10M | 182.71M |
| 2022-10-25 | 0.66 | 0.57 | 198.10M | 185.47M |
| 2022-07-26 | 0.69 | 0.53 | 191.92M | 179.55M |
| 2022-04-26 | 0.60 | 0.45 | 178.96M | 169.12M |
| 2022-02-01 | 0.48 | 0.38 | 171.49M | 162.84M |
| 2021-10-26 | 0.71 | 0.54 | 169.19M | 164.00M |
| 2021-07-27 | 0.61 | 0.43 | 166.11M | 164.00M |
| 2021-04-27 | 0.43 | 0.32 | 156.85M | 143.74M |
| 2021-02-02 | 0.45 | 0.32 | 147.08M | 144.09M |
| 2020-10-22 | 0.51 | 0.40 | 149.76M | 114.52M |
| 2020-07-23 | 0.40 | 0.35 | 135.63M | 115.29M |
| 2020-04-21 | 0.40 | 0.33 | 153.90M | 126.97M |
| 2020-02-04 | 0.40 | 0.31 | 152.93M | 118.52M |
| 2019-10-22 | 0.51 | 0.36 | 162.28M | 114.55M |
| 2019-07-23 | 0.42 | 0.34 | 154.34M | 128.62M |
| 2019-04-23 | 0.41 | 0.34 | 148.40M | 123.07M |
| 2019-02-05 | 0.46 | 0.37 | 144.37M | 116.12M |
| 2018-10-23 | 0.49 | 0.40 | 142.35M | 116.24M |
| 2018-07-24 | 0.47 | 0.41 | 141.87M | 123.79M |
| 2018-04-24 | 0.37 | 0.31 | 130.57M | 109.42M |
| 2018-02-06 | 0.45 | 0.45 | 144.09M | 144.10M |
| 2017-10-24 | 0.51 | 0.49 | 152.88M | 146.90M |
| 2017-07-20 | 0.50 | 0.48 | 154.14M | 147.94M |
| 2017-04-20 | 0.42 | 0.38 | 143.49M | 129.83M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-11 | Clark Eric Andrew | Sell | 3.00K | $197.76 | 593.28K |
| 2026-08-06 | Hollembaek Linda T. | Sell | 1.58K | $189.88 | 299.82K |
| 2026-07-30 | Gantt James Stewart | Sell | 5.14K | $195.53 | 1.00M |
| 2026-06-15 | MORAN CHARLES E | Sell | 1.33K | — | — |
| 2026-06-10 | Clark Eric Andrew | Sell | 1.00K | $146.77 | 146.77K |
| 2026-05-14 | SHEER DANIELLE | Buy | 1.94K | — | — |
| 2026-05-14 | Kuryea Kimberly A | Buy | 1.94K | — | — |
| 2026-05-14 | Hollembaek Linda T. | Buy | 1.94K | — | — |
| 2026-05-14 | Eger Edmond | Buy | 1.94K | — | — |
| 2026-05-14 | NOONAN THOMAS E | Buy | 1.94K | — | — |
| 2026-05-14 | MORAN CHARLES E | Buy | 1.94K | — | — |
| 2026-05-14 | Capel Eddie | Buy | 1.94K | — | — |
| 2026-04-24 | Gantt James Stewart | Sell | 7.30K | $139.25 | 1.02M |
| 2026-04-01 | Pinne Linda C. | Buy | 5.32K | — | — |
| 2026-02-28 | STORY DENNIS B | Sell | 1.33K | $135.43 | 180.66K |
| 2026-02-28 | Richards Bruce | Sell | 508 | $135.43 | 68.80K |
| 2026-02-28 | Pinne Linda C. | Sell | 75 | $135.43 | 10.16K |
| 2026-02-28 | Howell Robert G | Sell | 1.47K | $135.43 | 198.68K |
| 2026-02-28 | Clark Eric Andrew | Sell | 1.59K | $135.43 | 216.01K |
| 2026-02-28 | Capel Eddie | Sell | 2.21K | $135.43 | 299.71K |
| 2026-02-28 | Gantt James Stewart | Sell | 1.47K | $135.43 | 198.68K |
| 2026-02-14 | Clark Eric Andrew | Sell | 4.76K | $140.45 | 668.26K |
| 2026-02-04 | STORY DENNIS B | Buy | 13.67K | — | — |
| 2026-02-04 | Richards Bruce | Buy | 3.42K | — | — |
| 2026-02-04 | Pinne Linda C. | Buy | 2.05K | — | — |
| 2026-02-04 | Howell Robert G | Buy | 13.67K | — | — |
| 2026-02-04 | Gantt James Stewart | Buy | 13.67K | — | — |
| 2026-02-04 | Clark Eric Andrew | Buy | 34.17K | — | — |
| 2026-01-31 | Clark Eric Andrew | Sell | 878 | $151.01 | 132.59K |
| 2026-01-31 | Capel Eddie | Sell | 26.26K | $151.01 | 3.97M |
| 2026-01-31 | STORY DENNIS B | Sell | 9.54K | $151.01 | 1.44M |
| 2026-01-31 | Howell Robert G | Sell | 8.20K | $151.01 | 1.24M |
| 2026-01-31 | Richards Bruce | Sell | 2.34K | $151.01 | 353.21K |
| 2026-01-31 | Gantt James Stewart | Sell | 6.42K | $151.01 | 968.88K |
| 2026-01-31 | Pinne Linda C. | Sell | 1.29K | $151.01 | 195.10K |
| 2026-01-22 | STORY DENNIS B | Buy | 2.56K | — | — |
| 2026-01-22 | STORY DENNIS B | Buy | 9.42K | — | — |
| 2026-01-22 | Richards Bruce | Buy | 975 | — | — |
| 2026-01-22 | Richards Bruce | Buy | 3.59K | — | — |
| 2026-01-22 | Pinne Linda C. | Buy | 217 | — | — |
| 2026-01-22 | Pinne Linda C. | Buy | 798 | — | — |
| 2026-01-22 | Howell Robert G | Buy | 2.81K | — | — |
| 2026-01-22 | Howell Robert G | Buy | 10.35K | — | — |
| 2026-01-22 | Capel Eddie | Buy | 19.88K | — | — |
| 2026-01-22 | Clark Eric Andrew | Buy | 16.21K | — | — |
| 2026-01-22 | Gantt James Stewart | Buy | 2.81K | — | — |
| 2026-01-22 | Gantt James Stewart | Buy | 10.35K | — | — |
| 2025-12-09 | Eger Edmond | Sell | 5.68K | — | — |
| 2025-12-09 | Richards Bruce | Sell | 351 | — | — |
| 2025-11-28 | Clark Eric Andrew | Sell | 1.60K | $176.40 | 282.24K |
| 2025-10-21 | MORAN CHARLES E | Sell | 20.81K | — | — |
| 2025-08-28 | Gantt James Stewart | Sell | 1.03K | $218.79 | 224.48K |
| 2025-08-28 | Gantt James Stewart | Sell | 1.27K | $218.62 | 278.52K |
| 2025-07-30 | STORY DENNIS B | Buy | 2.56K | — | — |
| 2025-07-30 | Richards Bruce | Buy | 974 | — | — |
| 2025-07-30 | Pinne Linda C. | Buy | 216 | — | — |
| 2025-07-30 | Howell Robert G | Buy | 2.81K | — | — |
| 2025-07-30 | Gantt James Stewart | Buy | 2.81K | — | — |
| 2025-07-29 | Capel Eddie | Sell | 596 | $225.04 | 134.13K |
| 2025-07-29 | Capel Eddie | Sell | 3.96K | $221.47 | 876.37K |
| 2025-07-29 | Capel Eddie | Sell | 4.60K | $219.48 | 1.01M |
| 2025-07-29 | Capel Eddie | Sell | 5.43K | $222.12 | 1.21M |
| 2025-07-29 | Capel Eddie | Sell | 6.31K | $224.37 | 1.42M |
| 2025-07-29 | Capel Eddie | Sell | 7.09K | $220.21 | 1.56M |
| 2025-07-29 | Capel Eddie | Sell | 9.37K | $223.66 | 2.09M |
| 2025-07-29 | Hollembaek Linda T. | Sell | 300 | $222.18 | 66.65K |
| 2025-07-29 | Hollembaek Linda T. | Sell | 1.72K | $221.42 | 381.72K |
| 2025-07-25 | Gantt James Stewart | Sell | 2.30K | $220.33 | 506.76K |
| 2025-05-13 | SHEER DANIELLE | Buy | 1.33K | — | — |
| 2025-05-13 | NOONAN THOMAS E | Buy | 1.33K | — | — |
| 2025-05-13 | MORAN CHARLES E | Buy | 1.33K | — | — |
| 2025-05-13 | Kuryea Kimberly A | Buy | 1.33K | — | — |
| 2025-05-13 | Hollembaek Linda T. | Buy | 1.33K | — | — |
| 2025-05-13 | Eger Edmond | Buy | 1.33K | — | — |
| 2025-05-13 | SHEER DANIELLE | Other | 0 | — | — |
| 2025-03-06 | STORY DENNIS B | Sell | 2.79K | $170.83 | 476.26K |
| 2025-02-28 | STORY DENNIS B | Sell | 640 | $176.88 | 113.20K |
| 2025-02-28 | Richards Bruce | Sell | 228 | $176.88 | 40.33K |
| 2025-02-28 | Pinne Linda C. | Sell | 79 | $176.88 | 13.97K |
| 2025-02-28 | Howell Robert G | Sell | 525 | $176.88 | 92.86K |
| 2025-02-28 | Gantt James Stewart | Sell | 489 | $176.88 | 86.49K |
| 2025-02-28 | Capel Eddie | Sell | 2.98K | $176.88 | 527.99K |
| 2025-02-14 | Clark Eric Andrew | Sell | 5.62K | $190.41 | 1.07M |
| 2025-02-12 | Clark Eric Andrew | Buy | 13.74K | — | — |
| 2025-02-12 | Clark Eric Andrew | Buy | 43.97K | — | — |
| 2025-02-12 | Clark Eric Andrew | Other | 0 | — | — |
| 2025-01-31 | Capel Eddie | Sell | 27.10K | $208.59 | 5.65M |
| 2025-01-31 | Gantt James Stewart | Sell | 5.18K | $208.59 | 1.08M |
| 2025-01-31 | Howell Robert G | Sell | 7.11K | $208.59 | 1.48M |
| 2025-01-31 | Richards Bruce | Sell | 2.31K | $208.59 | 482.26K |
| 2025-01-31 | Pinne Linda C. | Sell | 1.12K | $208.59 | 234.46K |
| 2025-01-31 | STORY DENNIS B | Sell | 8.72K | $208.59 | 1.82M |
| 2025-01-23 | Richards Bruce | Buy | 1.29K | — | — |
| 2025-01-23 | Richards Bruce | Buy | 1.75K | — | — |
| 2025-01-23 | Richards Bruce | Buy | 2.04K | — | — |
| 2025-01-23 | Pinne Linda C. | Buy | 676 | — | — |
| 2025-01-23 | Pinne Linda C. | Buy | 1.06K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 2.95K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 4.36K | — | — |
| 2025-01-23 | Gantt James Stewart | Buy | 5.83K | — | — |
Latest filed quarter: Q2 2026.
Institutions holding: 516, holders -29 vs prior quarter. Ownership 107.88%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.78M | -63.32K | -0.93% | 944.29M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.86M | -11.85K | -0.31% | 537.21M |
| FMR LLC | 3.61M | 307.89K | +9.32% | 502.87M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 3.39M | -153.01K | -4.32% | 472.26M |
| AQR CAPITAL MANAGEMENT LLC | 3.33M | 166.37K | +5.26% | 458.02M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.67M | -8.98K | -0.33% | 372.30M |
| MORGAN STANLEY | 2.67M | -164.93K | -5.83% | 371.11M |
| ALLIANCEBERNSTEIN L.P. | 2.30M | -817.13K | -26.23% | 305.90M |
| STATE STREET CORP | 1.91M | 43.10K | +2.31% | 265.34M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.88M | 65.07K | +3.59% | 264.07M |
| SWEDBANK AB | 1.50M | 0 | 0.00% | 208.88M |
| INVESCO LTD. | 1.44M | 202.86K | +16.34% | 201.11M |
| BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 1.15M | -15.56K | -1.34% | 160.13M |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.02M | -79.42K | -7.25% | 141.38M |
| NEUBERGER BERMAN GROUP LLC | 976.46K | 9.72K | +1.01% | 135.97M |
| TD ASSET MANAGEMENT INC | 974.96K | 246.25K | +33.79% | 135.76M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 962.68K | 416.29K | +76.19% | 134.05M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 792.26K | -55.31K | -6.53% | 110.32M |
| EPOCH INVESTMENT PARTNERS, INC. | 742.41K | 281.95K | +61.23% | 103.38M |
| LAZARD ASSET MANAGEMENT LLC | 734.35K | 34.58K | +4.94% | 102.26M |
| SUMITOMO MITSUI TRUST GROUP, INC. | 707.96K | 34.35K | +5.10% | 98.58M |
| DIMENSIONAL FUND ADVISORS LP | 703.18K | 60.41K | +9.40% | 97.92M |
| NORGES BANK | 675.79K | 675.79K | New | 94.10M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 675.40K | 46.08K | +7.32% | 94.05M |
| NORTHERN TRUST CORP | 631.96K | -3.06K | -0.48% | 88.00M |
Manhattan Associates, Inc. (MANH) trades at $245.27, with a market cap of $14.30B and a trailing P/E of 64.99. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 604557000 | 594599000 | 559157000 | 617949000 | 586372000 | 663643000 | 767084000 | 928725000 | 1042352000 | 1081392000 |
Insights · Dividends · Forecast · Financials · Learn
$14.30B
Market Cap
64.99
P/E
44.61
Forward P/E
49
Score