Manhattan Associates (MANH) FCF Margin (2010 - 2026)
Manhattan Associates (MANH) posted quarterly FCF Margin of 30.11% for Q2 2026, up 439.0% year-over-year from 5.59% in Q2 2025, and up 6.31% on a QoQ basis from 28.33% in Q1 2026.
Manhattan Associates (MANH) FCF Margin (2010 - 2026) Analysis & Trends
Manhattan Associates has reported FCF Margin for 17 years, with the latest figure at 30.11% in Q2 2026.
- FCF Margin for Q2 2026 came in at 30.11%, up 439.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 35.45% (up 639.0% YoY), and the FY2025 annual result was 34.59%, up 712.0% from the prior year.
- FCF Margin improved to 30.11% in Q2 2026, from 28.33% in the prior quarter.
- Over five years, FCF Margin peaked at 52.66% in Q4 2025 and troughed at 17.12% in Q1 2022.
- A 5-year average of 27.8% and a median of 26.71% in 2022 frame the typical range for FCF Margin.
- The widest annual swing landed in 2022, when FCF Margin sank 1551 bps; it then surged 1295 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 26.65% in 2022, then soared by 36 bps to 36.26% in 2023, then gained by 10 bps to 39.71% in 2024, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 36.13% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 18.25% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 58.89% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 19.67% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 11.86% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 16.73% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 24.76% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 31.84% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 61.18% |
| 10 | Manhattan Associates | 11.51 Bn | 11.32 Bn | 168.33 Mn | 30.11% |
Historic Data
Download 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% |