Manhattan Associates (MANH) FCF Margin (2010 - 2026)
Manhattan Associates' FCF Margin came in at 30.11% for Q2 2026, up 4.39 percentage points from 25.72% a year earlier and up 1.79 percentage points from the prior quarter.
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Analysis
Manhattan Associates (MANH) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Manhattan Associates reported FCF Margin of 35.45%, up 6.39 percentage points year-over-year; for FY2025, it was 34.59%, up 7.12 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a five-year change of +11.03 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 27.47% in FY2024 (+1.47 pp), 26.00% in FY2023 (+3.44 pp), 22.56% in FY2022 (-4.74 pp) and 27.30% in FY2021 (+3.74 pp).
- The five-year range for quarterly FCF Margin is 17.12% (Q1 2022) to 52.66% (Q4 2025).
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +4.37 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2025 (a gain of 12.95 percentage points), and the weakest in Q3 2022 (a drop of 15.51 percentage points).
- Business Quant data shows MANH's FCF Margin at 28.33% (Q1 2026), 52.66% (Q4 2025) and 31.61% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 15.53% |
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% |
API Access
Manhattan Associates FCF Margin 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=fcf-margin&ticker=MANH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MANH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();