Manhattan Associates (MANH) FCF Margin (2010 - 2026)
Manhattan Associates' (MANH) quarterly FCF Margin came in at 30.11% in Q2 2026, up 439.0% year-over-year from 5.59% in Q2 2025, and up 6.31% quarter-over-quarter from 28.33% in Q1 2026.
Powered by 
Analysis
Manhattan Associates (MANH) FCF Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has disclosed FCF Margin across 17 years of filings, most recently posting 30.11% for Q2 2026.
- In Q2 2026, FCF Margin rose 439.0% year-over-year to 30.11%; the TTM figure through Jun 2026 stood at 35.45% (up 639.0% YoY), while the FY2025 annual figure was 34.59%, up 712.0% from the prior year.
- FCF Margin came in at 30.11% for Q2 2026 at Manhattan Associates, up from 28.33% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 52.66% in Q4 2025 to a low of 17.12% in Q1 2022.
- Average FCF Margin over 5 years is 27.8%, with a median of 26.71% recorded in 2022.
- Year-over-year, FCF Margin plunged 1551 bps in 2022 and soared 1295 bps in 2025.
- Over 5 years, FCF Margin stood at 26.65% in 2022, then jumped by 36 bps to 36.26% in 2023, then increased by 10 bps to 39.71% in 2024, then surged by 33 bps to 52.66% in 2025, then sank by 43 bps to 30.11% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 30.11% in Q2 2026, 28.33% in Q1 2026, and 52.66% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 15.28% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 30.11% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 40.14% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 29.03% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -9.33% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 21.36% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 37.08% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | 12.35% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 3.22% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 38.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.11% |
| Mar 31, 2026 | 28.33% |
| Dec 31, 2025 | 52.66% |
| Sep 30, 2025 | 31.61% |
| Jun 30, 2025 | 25.72% |
| Mar 31, 2025 | 28.30% |
| Dec 31, 2024 | 39.71% |
| Sep 30, 2024 | 22.98% |
| Jun 30, 2024 | 26.78% |
| Mar 31, 2024 | 20.59% |
| Dec 31, 2023 | 36.26% |
| Sep 30, 2023 | 24.11% |
| Jun 30, 2023 | 17.12% |
| Mar 31, 2023 | 26.27% |
| Dec 31, 2022 | 26.65% |
| Sep 30, 2022 | 19.19% |
| Jun 30, 2022 | 26.89% |
| Mar 31, 2022 | 17.12% |
| Dec 31, 2021 | 22.30% |
| Sep 30, 2021 | 34.69% |