Manhattan Associates (MANH) Enterprise Value (2010 - 2026)
Manhattan Associates' Enterprise Value came in at $7.93 billion for Q2 2026, down 32.3% from $11.71 billion a year earlier but up 3.7% from the prior quarter.
Manhattan Associates (MANH) Enterprise Value (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Manhattan Associates reported Enterprise Value of $7.11 billion, down 35.5% year-over-year; for FY2025, it came in at $10.04 billion, down 38.0% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of 9.2% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $16.2 billion in FY2024 (+24.7%), $12.99 billion in FY2023 (+77.3%), $7.32 billion in FY2022 (-23.4%) and $9.56 billion in FY2021 (+47.5%).
- The five-year range for quarterly Enterprise Value is $6.97 billion (Q2 2022) to $16.97 billion (Q3 2024).
- Year-over-year, Enterprise Value has declined for six consecutive quarters, with an average decline of 14.0% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q4 2023 (growth of 77.3%), and the weakest in Q4 2025 (a decline of 38.0%).
- Business Quant data shows MANH's Enterprise Value at $7.65 billion (Q1 2026), $10.04 billion (Q4 2025) and $12.09 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.93 Bn |
| Mar 31, 2026 | 7.65 Bn |
| Dec 31, 2025 | 10.04 Bn |
| Sep 30, 2025 | 12.09 Bn |
| Jun 30, 2025 | 11.71 Bn |
| Mar 31, 2025 | 10.30 Bn |
| Dec 31, 2024 | 16.20 Bn |
| Sep 30, 2024 | 16.97 Bn |
| Jun 30, 2024 | 14.91 Bn |
| Mar 31, 2024 | 15.20 Bn |
| Dec 31, 2023 | 12.99 Bn |
| Sep 30, 2023 | 11.99 Bn |
| Jun 30, 2023 | 12.17 Bn |
| Mar 31, 2023 | 9.42 Bn |
| Dec 31, 2022 | 7.32 Bn |
| Sep 30, 2022 | 8.10 Bn |
| Jun 30, 2022 | 6.97 Bn |
| Mar 31, 2022 | 8.54 Bn |
| Dec 31, 2021 | 9.56 Bn |
| Sep 30, 2021 | 9.44 Bn |
Manhattan Associates Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=MANH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "MANH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();