AMN vs DSGX vs MANH Stock Comparison

Amn Healthcare Services, Descartes Systems and Manhattan Associates Prices as of Oct 26, 2026 Peers: Industry group
MANH Manhattan Associates Inc
$236.40 +14.7% 1M +21.3% 1Y
Market cap
$13.74B
P/E
65.3x
Revenue (TTM)
$1.13B
Div. yield
–
Supply Chain Software Technology
2 wins

Head to Head

9 decided of 12

Amn Healthcare Services leads on 5 of the 12 questions below (Amn Healthcare Services 5, Manhattan Associates 2, Descartes Systems 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMNDSGXMANHLeader
Larger companyMarket capitalisation $1.83B $7.91B $13.74B MANH
Cheaper on earningsLower P/E, profitable companies only 17.4x 42.1x 65.3x AMN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.4x 43.1x 40.5x AMN
Faster revenue growthRevenue growth, trailing twelve months +24.0% +13.2% +6.5% AMN
More profitableNet margin, trailing twelve months 3.1% 24.3% 18.7% DSGX
Better return on capitalReturn on invested capital 8.7% — — –
Less leveragedLower net debt / EBITDA 1.1x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +131.7% -1.7% +21.3% AMN
Better 5-year returnAnnualised price return, 5 years -12.6%/yr +3.3%/yr +5.7%/yr MANH
Less volatileAnnualised volatility, 1 year 64.2% 41.4% 46.5% DSGX
Higher overall scoreMean of the five percentile scores vs peers 68/100 67/100 53/100 AMN

Percentile Scorecard

AMNDSGXMANH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMNDSGXMANH
Valuation 95 #7 of 112 43 #52 of 90 20 #72 of 90
Growth 57 #42 of 96 65 #29 of 82 48 #43 of 82
Profitability 66 #32 of 91 97 #3 of 77 96 #4 of 77
Financial Health 53 #59 of 125 83 #17 of 96 36 #62 of 96
Shareholder Returns – 45 #30 of 54 64 #20 of 54
Overall 68 67 53
  • AMN ranked among 130 companies in Business Services
  • DSGX ranked among 99 companies in Vertical Software
  • MANH ranked among 99 companies in Vertical Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMNDSGXMANHSPY
1 month +41.8%+20.6%+14.7% -0.8%
3 months +46.7%+33.3%+48.4% +3.5%
6 months +133.8%+33.4%+71.5% +7.0%
Year to date +211.2%+8.1%+36.4% +12.2%
1 year +131.7%-1.7%+21.3% +13.0%
3 years -35.2%+35.8%+25.4% +86.3%
3 years, per year -13.5%+10.7%+7.8% +23.1%
5 years -49.1%+17.5%+31.7% +68.6%
5 years, per year -12.6%+3.3%+5.7% +11.0%
10 years +48.5%+351.3%+363.3% +258.0%
10 years, per year +4.0%+16.3%+16.6% +13.6%

Risk

MeasureAMNDSGXMANHSPY
Volatility, 1Y 64.2%41.4%46.5% 12.7%
Downside volatility, 1Y 54.8%38.4%46.4% 12.7%
Beta vs S&P 500, 1Y 0.770.340.29 1.00
Return / volatility, 1Y 2.05-0.040.46 1.02
Max drawdown, 5Y -88.1%-48.7%-61.0% -25.4%
From 52-week high 0.0%-1.9%-2.4% -1.8%
52-week high $49.05$96.58$242.17 $779.14
52-week low $15.10$62.82$120.88 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMNDSGXMANH
P/E now vs peer median 18.2xmedian 21.9x 43.3xmedian 42.4x 66.1xmedian 42.4x
P/S now vs peer median 0.6xmedian 0.9x 10.5xmedian 2.7x 12.2xmedian 2.7x
EV/EBITDA now vs peer median 6.6xmedian 12.2x 23.7xmedian 19.0x 48.4xmedian 19.0x
P/FCF now vs peer median 4.3xmedian 14.3x 27.4xmedian 19.4x 34.5xmedian 19.4x
P/B now vs peer median 2.6xmedian 2.3x 5.0xmedian 1.8x 87.5xmedian 1.8x
PEG now vs peer median -0.58median 1.02 2.46median 1.75 4.38median 1.75

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMNDSGXMANH
Revenue $3.43B $775.17M $1.13B
Gross profit $954.26M $601.59M $628.53M
Operating income $199.82M $243.60M $274.01M
Net income $104.92M $188.01M $210.23M
Free cash flow $439.13M $297.47M $399.19M
R&D – $109.17M $147.00M
EPS (diluted) $2.64 $2.15 $3.56
Cash & equivalents $361.84M $401.06M $186.11M
Total debt $3.10B – –
Shares (diluted) 39.73M 87.58M 59.00M
Enterprise value $816.42M $6.50B $12.73B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMNDSGXMANH
P/E 18.2x 43.3x 66.1x
P/FCF 4.3x 27.4x 34.5x
P/Operating cash flow 4.0x 26.7x 33.2x
P/S 0.6x 10.5x 12.2x
P/B 2.6x 5.0x 87.5x
P/Tangible book 3.9x 6.2x 87.5x
EV/EBITDA 6.6x 23.7x 48.4x
EV/EBIT 11.4x 31.8x 49.6x
EV/Revenue 0.7x 10.0x 12.1x
EV/FCF 5.2x 26.1x 34.1x
EV/Operating cash flow 4.8x 25.4x 32.8x
PEG (3Y EPS CAGR) -0.58 2.46 4.38

Growth

14 metrics
MetricAMNDSGXMANH
Revenue growth (1Y) 24.0% 13.2% 6.5%
Revenue CAGR (3Y) -7.8% 13.8% 9.9%
Gross profit growth (1Y) 15.4% 15.5% 5.6%
Gross profit CAGR (3Y) -13.2% 14.4% 11.8%
Operating income growth (1Y) 168.5% 30.1% 0.5%
Operating income CAGR (3Y) -25.0% 19.8% 15.2%
Net income growth (1Y) 135.2% 26.9% -4.9%
Net income CAGR (3Y) -31.0% 18.3% 12.9%
EPS growth (1Y) 134.1% 26.4% -1.6%
EPS CAGR (3Y) -31.2% 17.6% 15.1%
Operating cash flow growth (1Y) 51.5% 28.6% 31.2%
Operating cash flow CAGR (3Y) 0.0% 14.7% 28.7%
Free cash flow growth (1Y) 71.9% 30.3% 29.9%
Free cash flow CAGR (3Y) 4.8% 15.7% 28.4%

Profitability

14 metrics
MetricAMNDSGXMANH
Gross margin 27.8% 77.6% 55.8%
EBITDA margin 10.1% 42.1% 24.9%
Operating margin 5.8% 31.4% 24.3%
Pretax margin 4.8% 32.7% 25.2%
Net margin 3.1% 24.3% 18.7%
FCF margin 12.8% 38.4% 35.4%
Operating cash flow margin 13.7% 39.4% 36.8%
Return on equity 14.4% 11.4% 115.9%
Return on assets 4.2% – 29.2%
Return on invested capital 8.7% – –
Return on capital employed 11.7% – 112.1%
Asset turnover 1.4x – 1.6x
Cash conversion (OCF / net income) 4.5x 1.6x 2.0x
Stock comp / revenue 0.9% 3.5% 10.1%

Financial Health

11 metrics
MetricAMNDSGXMANH
Debt / assets 31.4% – –
Debt / equity 1.0x – –
Net debt / EBITDA 1.1x – –
Debt / FCF 1.7x – –
Liabilities / assets 68.6% 15.9% 77.5%
Equity / assets 31.4% 84.1% 22.5%
Interest coverage 5.6x 168.0x –
Current ratio 1.1x 2.0x 1.0x
Quick ratio 1.0x 1.9x 0.9x
Cash ratio 0.5x 1.5x 0.4x
Altman Z-score 3.25 17.03 18.56

Shareholder Returns

7 metrics
MetricAMNDSGXMANH
Dividend yield – – –
Net buyback yield – 0.2% 3.2%
Shareholder yield – 0.2% 3.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMNDSGXMANH
Forward P/E 15.4xFY2026 43.1xFY2026 40.5xFY2026
EPS, next fiscal year $3.18FY2026 $2.20FY2026 $5.83FY2026
EPS growth, next FY +133.8%FY2026 +17.6%FY2026 +15.2%FY2026
EPS growth, the year after -69.8% +18.2% +11.1%
Revenue, next fiscal year $3.49BFY2026 $889.11MFY2026 $1.09BFY2026
Revenue growth, next FY +28.0%FY2026 +22.0%FY2026 +0.9%FY2026
Revenue growth, the year after -28.4% +1.6% +11.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMNDSGXMANH
Held by institutions 100.0% 82.0% 100.0%
Institutions holding 286 341 506
Change in shares held, QoQ +8.0% +3.7% -0.7%
Institutions buying 182 167 248
Institutions selling 76 139 198
Buyers to sellers 2.39 1.20 1.25

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMNDSGXMANH
AMN 1.00 0.17 0.15
DSGX 0.17 1.00 0.63
MANH 0.15 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMN, DSGX and MANH?

Manhattan Associates (MANH) is the largest by market capitalisation: Amn Healthcare Services (AMN) $1.83B, Descartes Systems (DSGX) $7.91B, Manhattan Associates (MANH) $13.74B.

Which stock is cheaper, AMN, DSGX and MANH?

Amn Healthcare Services (AMN) trades on the lowest price-to-earnings ratio (Amn Healthcare Services (AMN) 17.4x, Descartes Systems (DSGX) 42.1x, Manhattan Associates (MANH) 65.3x). On next year's consensus earnings, Amn Healthcare Services (AMN) is cheapest (Amn Healthcare Services (AMN) 15.4x, Descartes Systems (DSGX) 43.1x, Manhattan Associates (MANH) 40.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amn Healthcare Services (AMN) grew revenue fastest over the trailing twelve months: Amn Healthcare Services (AMN) +24.0%, Descartes Systems (DSGX) +13.2%, Manhattan Associates (MANH) +6.5%.

Which company is more profitable?

Descartes Systems (DSGX) has the highest net margin (Amn Healthcare Services (AMN) 3.1%, Descartes Systems (DSGX) 24.3%, Manhattan Associates (MANH) 18.7%).

Which stock has performed better?

Over the past year Amn Healthcare Services (AMN) returned the most: Amn Healthcare Services (AMN) +131.7%, Descartes Systems (DSGX) -1.7%, Manhattan Associates (MANH) +21.3%. Over five years, Manhattan Associates (MANH) compounded fastest (Amn Healthcare Services (AMN) -12.6%/yr, Descartes Systems (DSGX) +3.3%/yr, Manhattan Associates (MANH) +5.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Descartes Systems (DSGX) has been the steadiest (Amn Healthcare Services (AMN) 64.2%, Descartes Systems (DSGX) 41.4%, Manhattan Associates (MANH) 46.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMN, DSGX and MANH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amn Healthcare Services (AMN) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.