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Manhattan Associates MANH Operating margin

Operating margin at other companies

Salesforce logo
SalesforceCRM
20.4%+1.1pp
Oracle logo
OracleORCL
30.6%-0.4pp
ROP
Roper Technologies, Inc.ROP
28.1%-0.1pp
Cognizant logo
CognizantCTSH
15.8%+0.6pp
HubSpot logo
HubSpotHUBS
1.9%+1.2pp
Medline, Inc.
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Medline, Inc. MDLN
8.5%+2.3pp

Other financials

Income statement

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Revenue$282.2M+7.4%
Gross profit$155.6M+5.0%
Operating income$64.9M+2.8%
Net income$49.3M-6.3%
EPS (diluted)$0.82-3.5%

Balance sheet

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Cash & equivalents$226.1M+9.8%
Total debt$55.7M+18.5%
Total equity$205.2M-16.3%
Total assets$740.5M+4.6%

Cash flow

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Operating cash flow$84.0M+11.7%
CapEx$4.1M+360%
Free cash flow$79.9M+7.5%

Valuation

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Market cap$7.83B-24.7%
Enterprise value$7.66B-25.2%
P/E36.1×-11.7×
P/S7.1×-2.8×

Profitability

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Gross margin56%+0.4pp
Net margin19.7%-1.0pp
FCF margin34.5%+5.1pp

Returns & leverage

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Return on equity96.2%+6.6pp
Debt / equity0.3×+0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Manhattan Associates’s reported figures.

Based on trailing twelve months.

The official record: Manhattan Associates’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Manhattan Associates's operating margin?
Manhattan Associates (MANH) reported operating margin of 25.6% in Q1 2026.
How has Manhattan Associates's operating margin changed year-over-year?
Manhattan Associates's operating margin increased by 0.6% year-over-year, from 25.4% to 25.6%.
What is the long-term trend for Manhattan Associates's operating margin?
Over 5 years (2020 to 2025), Manhattan Associates's operating margin has grown at a 5.9% compound annual growth rate (CAGR), from 19.5% to 25.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.