Manhattan Associates (MANH) FCF Margin (2010 - 2026)
Manhattan Associates (MANH) reported FCF Margin of 28.33% for Q1 2026, up 3.0% year-over-year from 27.5% in Q1 2025, and down 46.21% on a QoQ basis from 52.66% in Q4 2025.
Manhattan Associates (MANH) has 17 years of FCF Margin data on file, last reported at 28.33% in Q1 2026.
- Quarterly FCF Margin rose 3.0% year-over-year to 28.33% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 34.48% (up 514.0% YoY) and the FY2025 annual result came in at 34.59%, up 712.0% from the prior year.
- FCF Margin fell to 28.33% in Q1 2026 per MANH's latest filing, from 52.66% in the prior quarter.
- Across five years, FCF Margin topped out at 52.66% in Q4 2025 and bottomed at 17.12% in Q1 2022.
- The 5-year median for FCF Margin is 26.65% (2022), against an average of 27.66%.
- The widest annual swing landed in 2022, when FCF Margin tumbled 1551 bps; it then surged 1295 bps in 2025.
- Tracing MANH's FCF Margin over 5 years: stood at 26.65% in 2022, then soared by 36 bps to 36.26% in 2023, then grew by 10 bps to 39.71% in 2024, then jumped by 33 bps to 52.66% in 2025, then plunged by 46 bps to 28.33% in 2026.
- Per Business Quant, the three latest MANH FCF Margin figures stand at 28.33% (Q1 2026), 52.66% (Q4 2025), and 31.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Manhattan Associates | 8.28 Bn | 8.05 Bn | 155.57 Mn | 28.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 27.03% |
| Mar 31, 2021 | 25.07% |
| Dec 31, 2020 | 25.30% |
| Sep 30, 2020 | 28.25% |
| Jun 30, 2020 | 35.61% |
| Mar 31, 2020 | 6.72% |
| Dec 31, 2019 | 20.09% |
| Sep 30, 2019 | 19.65% |
| Jun 30, 2019 | 22.37% |
| Mar 31, 2019 | 23.30% |
| Dec 31, 2018 | 22.35% |
| Sep 30, 2018 | 23.70% |
| Jun 30, 2018 | 10.51% |
| Mar 31, 2018 | 37.63% |
| Dec 31, 2017 | 31.32% |
| Sep 30, 2017 | 28.03% |
| Jun 30, 2017 | 6.10% |
| Mar 31, 2017 | 42.15% |
| Dec 31, 2016 | 24.71% |
| Sep 30, 2016 | 45.34% |
| Jun 30, 2016 | 18.37% |
| Mar 31, 2016 | 43.41% |
| Dec 31, 2015 | 24.21% |
| Sep 30, 2015 | 26.35% |
| Jun 30, 2015 | 17.86% |
| Mar 31, 2015 | 11.93% |
| Dec 31, 2014 | 28.91% |
| Sep 30, 2014 | 23.56% |
| Jun 30, 2014 | -0.57% |
| Mar 31, 2014 | 15.84% |
| Dec 31, 2013 | 19.95% |
| Sep 30, 2013 | 28.87% |
| Jun 30, 2013 | 16.06% |
| Mar 31, 2013 | 26.04% |
| Dec 31, 2012 | 21.32% |
| Sep 30, 2012 | 17.08% |
| Jun 30, 2012 | 28.04% |
| Mar 31, 2012 | 16.01% |
| Dec 31, 2011 | 22.15% |
| Sep 30, 2011 | 17.75% |
| Jun 30, 2011 | 17.38% |
| Mar 31, 2011 | 12.07% |
| Dec 31, 2010 | 25.13% |
| Sep 30, 2010 | 13.34% |