Manhattan Associates Inc. | Large-cap | Technology
$215.97
1.68%
| Manhattan Associates Stock Comparison:
Manhattan Associates vs SalesforceManhattan Associates vs IntuitManhattan Associates vs Uber TechnologiesManhattan Associates vs ServiceNowManhattan Associates vs AdobeManhattan Associates vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 262.8M
Gross Profit 148.2M 56.40%
Operating Income 66.1M 25.15%
Net Income 52.6M 20.01%
EPS (Diluted) $0.85

Balance Sheet Metrics

Total Assets 708.2M
Total Liabilities 463.1M
Shareholders Equity 245.1M
Debt to Equity 1.89

Cash Flow Metrics

Operating Cash Flow 68.1M
Free Cash Flow 74.4M

Revenue & Profitability Trend

Manhattan Associates Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.0B928.7M767.1M663.6M586.4M
Cost of Goods Sold i471.0M430.6M358.2M297.8M269.9M
Gross Profit i571.4M498.1M408.8M365.8M316.5M
Gross Margin % i54.8%53.6%53.3%55.1%54.0%
Operating Expenses
Research & Development i137.7M126.8M111.9M97.6M84.3M
Selling, General & Administrative i165.8M155.7M137.6M125.9M109.2M
Other Operating Expenses i-----
Total Operating Expenses i303.5M282.5M249.5M223.6M193.5M
Operating Income i261.6M209.9M152.7M134.3M114.1M
Operating Margin % i25.1%22.6%19.9%20.2%19.5%
Non-Operating Items
Interest Income i6.0M5.3M596.0K68.0K98.0K
Interest Expense i-----
Other Non-Operating Income-811.0K-1.5M4.8M-329.0K-383.0K
Pre-tax Income i266.8M213.7M158.1M134.1M113.8M
Income Tax i48.4M37.1M29.2M23.6M26.5M
Effective Tax Rate % i18.2%17.4%18.4%17.6%23.3%
Net Income i218.4M176.6M129.0M110.5M87.2M
Net Margin % i20.9%19.0%16.8%16.6%14.9%
Key Metrics
EBITDA i267.9M215.6M159.4M142.2M123.0M
EPS (Basic) i$3.56$2.86$2.05$1.74$1.37
EPS (Diluted) i$3.51$2.82$2.03$1.72$1.36
Basic Shares Outstanding i6130300061817000627680006344500063538000
Diluted Shares Outstanding i6130300061817000627680006344500063538000

Income Statement Trend

Manhattan Associates Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i266.2M270.7M225.5M263.7M204.7M
Short-term Investments i-----
Accounts Receivable i205.5M181.2M166.8M124.4M109.2M
Inventory i-----
Other Current Assets4.1M5.2M3.6M17.7M18.3M
Total Current Assets i503.3M479.2M415.4M408.4M334.0M
Non-Current Assets
Property, Plant & Equipment i47.9M21.6M17.8M27.3M31.5M
Goodwill i124.5M124.5M124.5M124.5M124.5M
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets130.2M98.5M62.0M27.9M19.7M
Total Non-Current Assets i254.3M194.2M154.8M131.3M131.4M
Total Assets i757.6M673.4M570.2M539.7M465.4M
Liabilities
Current Liabilities
Accounts Payable i26.6M24.5M25.7M19.6M17.8M
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i400.3M365.9M315.6M249.0M197.0M
Non-Current Liabilities
Long-term Debt i47.8M17.7M14.1M23.2M27.8M
Deferred Tax Liabilities i----0
Other Non-Current Liabilities10.3M11.5M13.7M16.9M21.7M
Total Non-Current Liabilities i58.1M29.2M27.8M40.0M49.5M
Total Liabilities i458.4M395.1M343.4M289.1M246.5M
Equity
Common Stock i609.0K615.0K621.0K631.0K635.0K
Retained Earnings i329.4M304.7M253.7M269.8M236.5M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i299.1M278.3M226.8M250.6M218.9M
Key Metrics
Total Debt i47.8M17.7M14.1M23.2M27.8M
Working Capital i103.0M113.3M99.8M159.4M137.1M

Balance Sheet Composition

Manhattan Associates Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i218.4M176.6M129.0M110.5M87.2M
Depreciation & Amortization i6.3M5.8M6.7M7.9M8.9M
Stock-Based Compensation i93.2M71.6M59.4M43.3M33.4M
Working Capital Changes i12.6M21.2M15.2M29.6M7.5M
Operating Cash Flow i301.8M246.3M180.5M189.3M138.1M
Investing Activities
Capital Expenditures i-8.7M-4.7M-6.6M-4.0M-2.7M
Acquisitions i-----
Investment Purchases i----0
Investment Sales i----0
Investing Cash Flow i-8.7M-4.7M-6.6M-4.0M-2.7M
Financing Activities
Share Repurchases i-286.4M-196.0M-204.5M-120.4M-43.6M
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i-286.4M-196.0M-204.5M-120.4M-43.6M
Free Cash Flow i286.3M241.5M173.0M181.2M138.2M
Net Change in Cash i6.7M45.5M-30.6M64.9M91.8M

Cash Flow Trend

Manhattan Associates Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 60.57
Forward P/E 43.99
Price to Book 47.04
Price to Sales 12.40
PEG Ratio 6.51

Profitability Ratios

Profit Margin 20.91%
Operating Margin 15.83%
Return on Equity 85.16%
Return on Assets 24.44%

Financial Health

Current Ratio 1.19
Debt to Equity 9.24
Beta 1.10

Per Share Data

EPS (TTM) $3.58
Book Value per Share $4.61
Revenue per Share $17.36

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
manh13.1B60.5747.0485.16%20.91%9.24
Salesforce 231.8B37.883.8310.31%16.08%19.81
Intuit 200.1B58.509.9517.84%19.07%0.35
Uber Technologies 196.0B16.018.6867.49%26.68%52.23
ServiceNow 184.0B111.1316.8316.95%13.78%22.04
Adobe 153.1B23.1313.4752.25%30.39%57.49

Financial data is updated regularly. All figures are in the company's reporting currency.