Manhattan Associates (MANH) FCF Margin (2010 - 2026)
Manhattan Associates (MANH) reported FCF Margin of 28.33% for Q1 2026, up 3.0% on a YoY basis from 27.5% in Q1 2025, and down 46.21% sequentially from 52.66% in Q4 2025.
Manhattan Associates (MANH) FCF Margin (2010 - 2026) Analysis & Trends
Manhattan Associates (MANH) has 17 years of FCF Margin data on file, last reported at 28.33% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 3.0% year-over-year to 28.33%; the trailing twelve-month figure through Mar 2026 stood at 34.48% (up 514.0% YoY), and the FY2025 full-year result was 34.59%, up 712.0% from the prior year.
- FCF Margin slipped to 28.33% in Q1 2026, from 52.66% 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.
- A 5-year average of 27.66% and a median of 26.65% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 1551 bps in 2022 and surged 1295 bps in 2025, its largest moves.
- 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.
- Business Quant data shows MANH's FCF Margin at 28.33% in Q1 2026, 52.66% in Q4 2025, and 31.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 15.02% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 17.31% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 58.89% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 36.83% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 16.73% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 20.82% |
| 10 | Manhattan Associates | 8.72 Bn | 8.50 Bn | 193.41 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% |