profit from every $100 of sales.
$0$100
Manhattan Associates
$257.15+0.30% today
+44.9% in 1 year
1-year low $120.881-year high $260.41
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $67.88 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Manhattan Associates sold, what it kept, and what it did with the cash.
Sales went from $767 million in 2022 to $1.08 billion in 2025, with $220 million of profit last year.
SalesProfit
Manhattan Associates handed back 84% of the cash it generated last year.
Buybacks $315M
Free cash flow 2025$374M
Bought back its own shares$315M
Paid as dividends–
Cash vs. debt$329M vs. $56M
Manhattan Associates vs. similar companies
Manhattan Associates grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Manhattan Associates | 67.9× · Very expensive | ||
 SAP | 34.4× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.7× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Manhattan Associates's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 586 | 664 | 767 | 929 | 1,042 | 1,081 | |
| 316 | 366 | 409 | 498 | 571 | 609 | |
| 114 | 134 | 153 | 210 | 262 | 283 | |
| 123 | 142 | 159 | 216 | 268 | 289 | |
| 87 | 110 | 129 | 177 | 218 | 220 | |
| 1.36 | 1.72 | 2.03 | 2.82 | 3.51 | 3.60 | |
| 54.0% | 55.1% | 53.3% | 53.6% | 54.8% | 56.3% | |
| 19.5% | 20.2% | 19.9% | 22.6% | 25.1% | 26.1% | |
| 14.9% | 16.6% | 16.8% | 19.0% | 20.9% | 20.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 465 | 540 | 570 | 673 | 758 | 839 |
| Cash | 205 | 264 | 225 | 271 | 266 | 329 |
| Total debt | – | – | 14 | 18 | 48 | 56 |
| Total liabilities | – | – | 343 | 395 | 458 | 525 |
| 219 | 251 | 227 | 278 | 299 | 315 | |
| 64 | 64 | 63 | 63 | 62 | 61 | |
| 41.2% | 42.3% | 50.1% | 56.0% | 59.6% | 60.2% | |
| 39.9% | 44.1% | 56.9% | 63.5% | 73.0% | 69.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 141 | 185 | 180 | 246 | 295 | 389 | |
| 3 | 4 | 7 | 5 | 9 | 15 | |
| 138 | 181 | 173 | 241 | 286 | 374 | |
| Dividends paid | – | – | – | – | – | – |
| 44 | 120 | 204 | 196 | 286 | 315 | |
| 33 | 43 | 59 | 72 | 93 | 111 |
Valuation
- 67.9×
- 48.0×
- 3.16
- 38.2×
- 13.8×
- 39.9×
- 50.7×
- 2.5%
- 1.5%
- 0.0%
Profitability
- 56.3%
- 26.1%
- 20.3%
- 26.6%
- 76.8%
- 53.6%
- 78.2%
- 29.3%
- 103.1%
- 13.4%
Growth
- +13.0%
- +21.5%
- +30.6%
- –
- −1.2%
Financial health
- -0.6×
- 0.27
- 7.5%
- –
- 1.10
- 1.10
- 1.49
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 964
Top 12%of 972
Bottom 18%of 730
Top 42%of 977
Bottom 47%of 981
What analysts expect
- Average price target
- $197.25
- Range
- $145.00 – $240.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 21, 2026 | 1.24 | 1.10 | +12.7% |
| Jan 27, 2026 | 1.21 | 1.11 | +9.0% |
| Oct 21, 2025 | 1.36 | 1.19 | +14.3% |
| Jul 22, 2025 | 1.31 | 1.13 | +15.9% |
| Apr 22, 2025 | 1.19 | 1.03 | +15.5% |
| Jan 28, 2025 | 1.17 | 1.06 | +10.4% |
| Oct 22, 2024 | 1.35 | 1.06 | +27.4% |
| Jul 23, 2024 | 1.18 | 0.96 | +23.3% |
News
Ryan Serhant of ‘Owning Manhattan’ on why you shouldn’t wait to buy a house, and the hot spots to watch forMarketWatch · Nov 9, 2026Can Manhattan Associates Stock Compound Your Money?Yahoo Finance · Oct 23, 2026Manhattan's luxury rental market is booming, with units reaching $100,000 a monthCNBC · Aug 31, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
69Pass
Benjamin Graham
41No pass
Philip Fisher
83Pass
Peter Lynch
56No pass
Joel Greenblatt
50No pass
Charlie Munger
89Pass
Terry Smith
89Pass
Questions about Manhattan Associates
Is Manhattan Associates a good stock to buy?
A strong, very profitable business, priced as if everything goes right. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Manhattan Associates AI analysis
What does Manhattan Associates do?
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It is in Software - Application, based in Atlanta, GA, United States, with 4,390 employees.
Does Manhattan Associates pay a dividend?
No. Manhattan Associates does not pay a dividend at the moment; in 2025 it returned $315 million to shareholders by buying back its own shares.
Is Manhattan Associates stock halal?
Yes. Manhattan Associates passes our halal screen: its business is permitted and its debt is 0.4% of its market value, under the 30% limit. How we check
How has Manhattan Associates stock done over the past year?
Up 44.9% over the past twelve months, to $257.15. It traded between $120.88 and $260.41, close to its high.
Who are Manhattan Associates's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Manhattan Associates's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.