…
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides demand forecasting and replenishment, allocation, and unified business planning; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Manhattan Associates provides supply-chain and omnichannel commerce software, including warehouse, transportation, inventory and order-management systems for retailers, distributors and logistics providers. Long-term growth may be supported by secular e-commerce expansion, supply-chain digitization and the company's shift to cloud-based subscription delivery and analytics, while investors may value recurring revenue and high customer retention.
Material risks include strong competition from larger enterprise software vendors and niche supply-chain providers, sensitivity to retail and logistics capital spending cycles, and cybersecurity or data-privacy incidents that could affect customer trust.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 285.89M | 266.81M | 213.67M | 158.12M | 134.07M |
| Net income | 219.95M | 218.36M | 176.57M | 128.96M | 110.47M |
| Selling general administrative | 93.76M | 89.81M | 81.17M | 73.07M | 68.09M |
| Selling and marketing expenses | 81.17M | 75.98M | 74.49M | 64.54M | 57.85M |
| Gross profit | 602.74M | 565.07M | 492.36M | 408.85M | 365.82M |
| Reconciled depreciation | 6.32M | 6.30M | 5.75M | 6.66M | 7.91M |
| Ebit | 285.89M | 266.81M | 213.67M | 152.70M | 134.33M |
| Ebitda | 292.21M | 273.12M | 219.42M | 154.67M | 142.49M |
| Depreciation and amortization | 6.32M | 6.30M | 5.75M | 1.97M | 8.16M |
| Non operating income net other | - | - | - | 4.83M | -0.33M |
| Operating income | 282.74M | 261.60M | 209.88M | 152.70M | 134.33M |
| Other operating expenses | 798.65M | 780.76M | 718.84M | 614.38M | 529.31M |
| Interest expense | - | - | - | 0.60M | 0.51M |
| Tax provision | 65.95M | 48.45M | 33.77M | 29.16M | 23.60M |
| Interest income | 4.39M | 6.03M | 5.30M | 0.60M | 0.07M |
| Net interest income | 4.39M | 6.03M | 5.30M | 0.60M | 0.07M |
| Income tax expense | 65.95M | 48.45M | 37.10M | 29.16M | 23.60M |
| Total revenue | 1081.39M | 1042.35M | 928.73M | 767.08M | 663.64M |
| Total operating expenses | 320.00M | 303.48M | 282.48M | 256.15M | 231.48M |
| Cost of revenue | 478.66M | 477.28M | 436.37M | 358.24M | 297.83M |
| Total other income expense net | 3.16M | 5.22M | 3.79M | 5.42M | -0.26M |
| Net income from continuing ops | 219.95M | 218.36M | 165.70M | 128.96M | 110.47M |
| Net income applicable to common shares | - | - | - | 128.96M | 110.47M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 839.39M | 757.55M | 673.35M | 570.18M | 539.71M |
| Other current assets | 39.91M | 26.36M | 5.20M | 23.14M | 20.29M |
| Total liab | 524.62M | 458.43M | 395.07M | 343.38M | 289.06M |
| Total stockholder equity | 314.76M | 299.13M | 278.28M | 226.80M | 250.64M |
| Deferred long term liab | - | - | - | 21.90M | 16.90M |
| Other current liab | 95.88M | 94.45M | 100.58M | 81.09M | 76.22M |
| Common stock | 0.60M | 0.61M | 0.61M | 0.62M | 0.63M |
| Capital stock | 0.60M | 0.61M | 0.61M | 0.62M | 0.63M |
| Retained earnings | 345.10M | 329.44M | 304.70M | 253.71M | 269.84M |
| Other liab | - | - | - | 13.72M | 16.86M |
| Good will | 62.24M | 62.23M | 62.23M | 62.23M | 62.24M |
| Other assets | - | - | - | 61.98M | 27.89M |
| Cash | 328.75M | 266.23M | 270.74M | 225.46M | 263.71M |
| Total current liabilities | 455.91M | 400.30M | 365.92M | 315.60M | 249.04M |
| Current deferred revenue | 337.05M | 277.97M | 237.79M | 208.81M | 153.20M |
| Net debt | -216.39M | -218.44M | -253.05M | -211.40M | -240.55M |
| Short term debt | - | 3.53M | 3.03M | - | - |
| Short long term debt total | 112.36M | 47.79M | 17.69M | 14.06M | 23.16M |
| Other stockholder equity | - | - | - | -27.53M | -19.83M |
| Property plant equipment | - | - | - | 12.80M | 41.16M |
| Total current assets | 583.34M | 503.26M | 479.19M | 415.38M | 408.42M |
| Net tangible assets | - | - | - | 178.63M | 188.41M |
| Net receivables | 214.68M | 210.67M | 182.54M | 166.77M | 124.42M |
| Inventory | - | - | 20.71M | - | 19.65M |
| Accounts payable | 22.18M | 26.61M | 24.51M | 25.70M | 19.62M |
| Accumulated other comprehensive income | -30.93M | -30.92M | -27.04M | -27.53M | -19.83M |
| Common stock total equity | - | - | - | 0.62M | 0.63M |
| Retained earnings total equity | - | - | - | 253.71M | 269.84M |
| Non currrent assets other | 44.34M | 35.66M | 32.45M | 24.77M | 20.24M |
| Non current assets total | 256.05M | 254.29M | 194.16M | 154.80M | 131.29M |
| Capital lease obligations | 56.18M | 47.79M | 17.69M | 14.06M | 23.16M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -8.68M | -5.20M | -6.59M | -4.02M |
| Change to liabilities | - | - | - | 0.77M | 52.79M |
| Total cashflows from investing activities | -15.46M | -8.68M | -4.73M | -6.59M | -4.02M |
| Total cash from financing activities | -315.16M | -286.37M | -196.05M | -204.46M | -120.42M |
| Change to operating activities | - | - | - | -10.25M | -6.53M |
| Net income | 219.95M | 218.36M | 176.57M | 128.96M | 110.47M |
| Change in cash | 62.52M | -4.51M | 45.28M | -38.24M | 59.00M |
| Begin period cash flow | 266.23M | 270.74M | 225.46M | 263.71M | 204.71M |
| End period cash flow | 328.75M | 266.23M | 270.74M | 225.46M | 263.71M |
| Total cash from operating activities | 389.47M | 295.00M | 246.22M | 179.63M | 185.18M |
| Depreciation | 6.32M | 6.30M | 5.75M | 6.66M | 7.91M |
| Change to inventory | - | - | -12.34M | - | -10.20M |
| Change to account receivables | -3.58M | -26.70M | -13.08M | -44.06M | -16.65M |
| Sale purchase of stock | -315.16M | -286.37M | -196.05M | -204.46M | -120.42M |
| Other cashflows from financing activities | - | -286.37M | -4.73M | -6.59M | -4.02M |
| Change to netincome | - | - | - | 28.05M | 40.86M |
| Capital expenditures | 15.46M | 8.68M | 4.73M | 6.59M | 4.02M |
| Change receivables | - | - | - | -44.06M | -16.65M |
| Cash flows other operating | - | - | - | 59.25M | 46.25M |
| Cash and cash equivalents changes | - | - | - | -31.42M | 60.75M |
| Change in working capital | 33.87M | 6.33M | 19.83M | 15.96M | 25.94M |
| Stock based compensation | 111.26M | 93.21M | 71.57M | 59.36M | 43.26M |
| Other non cash items | -0.27M | -0.51M | 1.34M | -1.60M | -0.49M |
| Free cash flow | 374.01M | 286.33M | 241.49M | 173.04M | 181.17M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MANH Manhattan Associates Inc |
-2.09 0.81% |
256.77 | 60.58 | 40.32 | 10.85 | 78.33 | 10.84 | 42.24 |
| SAP SAP SE ADR |
-0.29 0.12% |
233.81 | 28.16 | 22.42 | 6.52 | 4.85 | 5.60 | 16.61 |
| CRM Salesforce Inc |
-2.48 1.14% |
215.53 | 23.41 | 15.55 | 4.79 | 5.56 | 5.55 | 14.88 |
| SAPGF SAP SE |
0.50 0.21% |
234.50 | 76.28 | 22.88 | 5.61 | 3.84 | 5.59 | 26.18 |
| SHOP Shopify Inc |
-1.14 0.76% |
148.12 | 90.18 | 53.19 | 12.70 | 13.17 | 12.23 | 67.86 |
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation management solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, call center, POS, and customer engagement tools for enterprises and stores. The company also provides demand forecasting and replenishment, allocation, and unified business planning; technology platform including Manhattan Active Platform solutions, a cloud-native product designed to provide version-less product access; maintenance services, which offers on-premises software licensees with software upgrades for additional or improved functionality and technological advances; and professional services, such as solutions planning and implementation, and related consulting services. In addition, it provides training and change management services; and resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. The company offers products through direct sales personnel and partnership agreements with various organizations. It serves retail, consumer goods, food and grocery, logistics service providers, industrial and wholesale, high technology and electronics, life sciences, and government industries. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Manhattan Associates, Inc. was founded in 1990 and is headquartered in Atlanta, Georgia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Eddie Capel | Pres, CEO & Director | 1961 |
| Dr. Deepak Raghavan Ph.D. | Co-Founder & Independent Director | 1967 |
| Mr. Dennis B. Story | Exec. VP, CFO & Treasurer | 1964 |
| Ms. Linda C. Pinne | Sr. VP, Global Corp. Controller & Chief Accounting Officer | 1974 |
| Mr. Bruce S. Richards | Sr. VP, Chief Legal Officer & Sec. | 1955 |
| Mr. Robert G. Howell | Exec. VP of Americas | 1973 |
| Mr. Sanjeev Siotia | Sr. VP & CTO | NA |
| Ms. Ann Sung Ruckstuhl | Sr. VP & Chief Marketing Officer | 1963 |
| Ms. Suzanne Hough | Sr. VP & Chief People Officer | NA |
| Mr. Raghav Sibal | Managing Director of Australia & New Zealand | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.