Manhattan Associates (MANH) EV to CFO (2011 - 2026)
Manhattan Associates' (MANH) EV to CFO came in at 19.12 for Q2 2026, down 48.4% from 37.02 a year earlier and down 0.5% from the prior quarter.
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Analysis
Manhattan Associates (MANH) EV to CFO (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at Manhattan Associates was 17.15, down 50.8% year-over-year; for FY2025, it came in at 25.79, down 53.0% from FY2024.
- In prior years, Manhattan Associates' EV to CFO was 54.90 in FY2024 (+4.1%), 52.74 in FY2023 (+29.3%), 40.78 in FY2022 (-21.0%) and 51.60 in FY2021 (+12.2%).
- The Q2 2026 figure stands as the lowest quarterly EV to CFO since Q2 2018.
- On a year-over-year basis, EV to CFO has declined in each of the last six quarters, with an average decline of 31.6% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q2 2023, with growth of 65.4%; the weakest was Q4 2025, with a decline of 53.0%.
- According to Business Quant data, EV to CFO for the three prior quarters was 19.21 (Q1 2026), 25.79 (Q4 2025) and 34.82 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.12 |
| Mar 31, 2026 | 19.21 |
| Dec 31, 2025 | 25.79 |
| Sep 30, 2025 | 34.82 |
| Jun 30, 2025 | 37.02 |
| Mar 31, 2025 | 32.64 |
| Dec 31, 2024 | 54.90 |
| Sep 30, 2024 | 60.90 |
| Jun 30, 2024 | 54.21 |
| Mar 31, 2024 | 62.74 |
| Dec 31, 2023 | 52.74 |
| Sep 30, 2023 | 56.25 |
| Jun 30, 2023 | 62.61 |
| Mar 31, 2023 | 45.62 |
| Dec 31, 2022 | 40.78 |
| Sep 30, 2022 | 49.26 |
| Jun 30, 2022 | 37.85 |
| Mar 31, 2022 | 48.21 |
| Dec 31, 2021 | 51.60 |
| Sep 30, 2021 | 51.54 |
API Access
Manhattan Associates EV to CFO 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=ev-to-cfo&ticker=MANH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();