📊 MANH Key Takeaways
Is MANH a Good Investment? Thesis Analysis
Manhattan Associates demonstrates exceptional financial health with outstanding profitability metrics (20.3% net margin, 25.9% operating margin) and exceptional capital efficiency (69.9% ROE, 26.2% ROA). The company generates substantial free cash flow ($374M, 34.6% FCF margin) with minimal leverage and fortress-like balance sheet ($328.7M cash, 0.0x debt/equity), positioning it for sustainable growth and shareholder returns.
Why Buy MANH? Key Strengths
- Exceptional profitability with 20.3% net margin and 25.9% operating margin indicating strong pricing power and operational efficiency
- Outstanding capital efficiency metrics: 69.9% ROE and 26.2% ROA demonstrate excellent returns on invested capital
- Robust free cash flow generation of $374M (34.6% FCF margin) with minimal capital intensity ($15.5M capex)
- Fortress balance sheet with $328.7M in cash, zero net debt, and strong liquidity (1.28x current ratio)
- Sustained growth in diluted EPS (+2.6% YoY) despite massive revenue expansion indicates operational leverage
MANH Investment Risks to Consider
- Exceptional revenue growth of 24,538.7% YoY appears anomalous and warrants verification for accounting changes, acquisitions, or data reporting changes
- Missing gross margin data limits visibility into cost structure and pricing sustainability
- High insider trading activity (26 Form 4 filings in 90 days) requires monitoring for potential sell signals
- Reliance on single-digit interest coverage and high equity valuation creates vulnerability to operational disruptions
- Software sector exposed to competitive pressures and technology disruption risks
Key Metrics to Watch
- Operating margin trend and sustainability of 25.9% profitability level
- Free cash flow consistency and capital allocation decisions with fortress cash balance
- Revenue growth normalization trajectory and underlying organic growth rates
- Return on equity stability and capital efficiency maintenance
- Insider transaction patterns and insider confidence indicators
MANH Financial Metrics
💡 AI Analyst Insight
The 34.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
MANH Profitability Ratios
MANH vs Technology Sector
How MANHATTAN ASSOCIATES INC compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MANH Overvalued or Undervalued?
Based on fundamental analysis, MANHATTAN ASSOCIATES INC appears fundamentally strong relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
MANH Balance Sheet & Liquidity
MANH 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: MANHATTAN ASSOCIATES INC's revenue has grown significantly by 63% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.82 reflects profitable operations.
MANH Growth Metrics (YoY)
MANH Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $266.7M | $58.6M | $0.96 |
| Q2 2025 | $265.3M | $52.8M | $0.85 |
| Q1 2025 | $254.6M | $52.6M | $0.85 |
| Q3 2024 | $238.4M | $49.4M | $0.79 |
| Q2 2024 | $231.0M | $39.6M | $0.63 |
| Q1 2024 | $221.0M | $38.8M | $0.62 |
| Q3 2023 | $198.1M | $29.7M | $0.47 |
| Q2 2023 | $191.9M | $30.8M | $0.49 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MANH Capital Allocation
MANH SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for MANHATTAN ASSOCIATES INC (CIK: 0001056696)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MANH
What is the AI rating for MANH?
MANHATTAN ASSOCIATES INC (MANH) has an AI rating of STRONG BUY with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MANH's key strengths?
Claude: Exceptional profitability with 20.3% net margin and 25.9% operating margin indicating strong pricing power and operational efficiency. Outstanding capital efficiency metrics: 69.9% ROE and 26.2% ROA demonstrate excellent returns on invested capital.
What are the risks of investing in MANH?
Claude: Exceptional revenue growth of 24,538.7% YoY appears anomalous and warrants verification for accounting changes, acquisitions, or data reporting changes. Missing gross margin data limits visibility into cost structure and pricing sustainability.
What is MANH's revenue and growth?
MANHATTAN ASSOCIATES INC reported revenue of $1.1B.
Does MANH pay dividends?
MANHATTAN ASSOCIATES INC does not currently pay dividends.
Where can I find MANH SEC filings?
Official SEC filings for MANHATTAN ASSOCIATES INC (CIK: 0001056696) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MANH's EPS?
MANHATTAN ASSOCIATES INC has a diluted EPS of $3.60.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MANH a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, MANHATTAN ASSOCIATES INC has a STRONG BUY rating with 92% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is MANH stock overvalued or undervalued?
Valuation metrics for MANH: ROE of 69.9% (sector avg: 22%), net margin of 20.3% (sector avg: 18%). Higher ROE suggests strong returns relative to peers.
Should I buy MANH stock in 2026?
Our dual AI analysis gives MANHATTAN ASSOCIATES INC a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is MANH's free cash flow?
MANHATTAN ASSOCIATES INC's operating cash flow is $389.5M, with capital expenditures of $15.5M. FCF margin is 34.6%.
How does MANH compare to other Technology stocks?
Vs Technology sector averages: Net margin 20.3% (avg: 18%), ROE 69.9% (avg: 22%), current ratio 1.28 (avg: 2.5).