Manhattan Associates (MANH) Ratios
Manhattan Associates Ratios
MX:MANH's free cash flow for Q3 2026 was $67.60M. For the 2026 fiscal year, MX:MANH's free cash flow was decreased by $-991.00K and operating cash flow was $68.59M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.28 | 1.26 | 1.31 | 1.32 | 1.64 |
| Quick Ratio | 1.28 | 1.26 | 1.31 | 1.32 | 1.64 |
| Cash Ratio | 0.72 | 0.67 | 0.74 | 0.71 | 1.06 |
| Solvency Ratio | 0.43 | 0.49 | 0.46 | 0.39 | 0.41 |
| Operating Cash Flow Ratio | 0.85 | 0.74 | 0.67 | 0.57 | 0.74 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ 58.72M | $ 44.84M | $ 84.11M | $ 72.00M | $ 119.36M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.13 | 0.06 | 0.03 | 0.02 | 0.04 |
| Debt-to-Equity Ratio | 0.36 | 0.16 | 0.06 | 0.06 | 0.09 |
| Debt-to-Capital Ratio | 0.26 | 0.14 | 0.06 | 0.06 | 0.08 |
| Long-Term Debt-to-Capital Ratio | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial Leverage Ratio | 2.67 | 2.53 | 2.42 | 2.51 | 2.15 |
| Debt Service Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt to Market Cap | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 1.86 | 0.78 | 0.29 | 0.22 | 0.36 |
| Net Debt to EBITDA | -0.74 | -0.80 | -1.17 | -1.33 | -1.69 |
| Profitability Margins | |||||
| Gross Profit Margin | 55.74% | 54.21% | 53.01% | 52.43% | 53.93% |
| EBIT Margin | 26.44% | 25.60% | 22.60% | 19.91% | 20.24% |
| EBITDA Margin | 27.02% | 26.20% | 23.22% | 20.78% | 21.43% |
| Operating Profit Margin | 26.15% | 25.10% | 22.60% | 19.91% | 20.24% |
| Pretax Profit Margin | 26.44% | 25.60% | 23.01% | 20.61% | 20.20% |
| Net Profit Margin | 20.34% | 20.95% | 19.01% | 16.81% | 16.65% |
| Continuous Operations Profit Margin | 20.34% | 20.95% | 19.01% | 16.81% | 16.65% |
| Net Income Per EBT | 76.93% | 81.84% | 82.64% | 81.56% | 82.40% |
| EBT Per EBIT | 101.12% | 101.99% | 101.81% | 103.55% | 99.81% |
| Return on Assets (ROA) | 26.20% | 28.82% | 26.22% | 22.62% | 20.47% |
| Return on Equity (ROE) | 69.88% | 73.00% | 63.45% | 56.86% | 44.08% |
| Return on Capital Employed (ROCE) | 73.73% | 73.23% | 68.27% | 59.98% | 46.22% |
| Return on Invested Capital (ROIC) | 56.72% | 59.93% | 56.41% | 48.92% | 38.08% |
| Return on Tangible Assets | 28.30% | 31.40% | 28.89% | 25.39% | 23.14% |
| Earnings Yield | 2.10% | 1.32% | 1.33% | 1.69% | 1.12% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.04 | 4.95 | 5.09 | 4.58 | 5.22 |
| Payables Turnover | 21.58 | 17.93 | 17.81 | 14.20 | 15.58 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 14.70 | 16.84 | 27.77 | 25.07 | 16.12 |
| Asset Turnover | 1.29 | 1.38 | 1.38 | 1.35 | 1.23 |
| Working Capital Turnover Ratio | 9.39 | 9.64 | 8.72 | 5.92 | 4.48 |
| Cash Conversion Cycle | 55.55 | 53.42 | 51.24 | 53.95 | 46.43 |
| Days of Sales Outstanding | 72.46 | 73.77 | 71.74 | 79.66 | 69.86 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 16.91 | 20.35 | 20.50 | 25.71 | 23.43 |
| Operating Cycle | 72.46 | 73.77 | 71.74 | 79.66 | 69.86 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.44 | 4.81 | 3.98 | 2.86 | 2.92 |
| Free Cash Flow Per Share | 6.18 | 4.67 | 3.91 | 2.76 | 2.86 |
| Dividend Paid and CapEx Coverage Ratio | 25.20 | 34.01 | 52.05 | 27.27 | 46.11 |
| Capital Expenditure Coverage Ratio | 25.20 | 34.01 | 52.05 | 27.27 | 46.11 |
| Operating Cash Flow Coverage Ratio | 3.47 | 6.17 | 13.92 | 12.77 | 8.00 |
| Operating Cash Flow to Sales Ratio | 0.36 | 0.28 | 0.27 | 0.23 | 0.28 |
| Free Cash Flow Yield | 3.57% | 1.73% | 1.81% | 2.27% | 1.84% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 47.61 | 75.91 | 75.38 | 59.09 | 89.30 |
| Price-to-Sales (P/S) Ratio | 9.69 | 15.89 | 14.33 | 9.93 | 14.87 |
| Price-to-Book (P/B) Ratio | 33.30 | 55.38 | 47.83 | 33.60 | 39.36 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 28.02 | 57.86 | 55.12 | 44.04 | 54.45 |
| Price-to-Operating Cash Flow Ratio | 26.91 | 56.16 | 54.06 | 42.42 | 53.27 |
| Price-to-Earnings Growth (PEG) Ratio | 21.19 | 3.10 | 1.91 | 3.32 | 3.31 |
| Enterprise Value Multiple | 35.13 | 59.86 | 60.55 | 46.49 | 67.66 |
| Enterprise Value | 10.26B | 16.35B | 13.06B | 7.41B | 9.62B |
| EV to EBITDA | 35.13 | 59.86 | 60.55 | 46.49 | 67.66 |
| EV to Sales | 9.49 | 15.68 | 14.06 | 9.66 | 14.50 |
| EV to Free Cash Flow | 27.44 | 57.10 | 54.07 | 42.81 | 53.13 |
| EV to Operating Cash Flow | 26.35 | 55.42 | 53.03 | 41.24 | 51.97 |
| Tangible Book Value Per Share | 4.18 | 3.86 | 3.49 | 2.62 | 2.97 |
| Shareholders’ Equity Per Share | 5.21 | 4.88 | 4.50 | 3.61 | 3.95 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.18 | 0.17 | 0.18 | 0.18 |
| Revenue Per Share | 17.88 | 17.00 | 15.02 | 12.22 | 10.46 |
| Net Income Per Share | 3.64 | 3.56 | 2.86 | 2.05 | 1.74 |
| Tax Burden | 0.77 | 0.82 | 0.83 | 0.82 | 0.82 |
| Interest Burden | 1.00 | 1.00 | 1.02 | 1.04 | 1.00 |
| Research & Development to Revenue | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 |
| SG&A to Revenue | 0.16 | 0.16 | 0.09 | 0.10 | 0.10 |
| Stock-Based Compensation to Revenue | 0.10 | 0.09 | 0.08 | 0.08 | 0.07 |
| Income Quality | 1.77 | 1.35 | 1.39 | 1.39 | 1.68 |
Currency in USD