Manhattan Associates (MANH) Interest Coverage Ratio (2010 - 2025)
Manhattan Associates (MANH) posted quarterly Interest Coverage Ratio of 19.47 for Q4 2025, down 8.47% year-over-year from 21.27 in Q4 2024, and down 8.47% on a QoQ basis from 21.27 in Q4 2024.
Manhattan Associates (MANH) Interest Coverage Ratio (2010 - 2025) Analysis & Trends
Manhattan Associates has reported Interest Coverage Ratio for 16 years, with the latest figure at 19.47 in Q4 2025.
- Interest Coverage Ratio for Q4 2025 came in at 19.47, down 8.47% year-over-year; the trailing twelve-month figure through Dec 2025 was 81.29 (down 11.34% YoY), and the FY2025 annual result was 3.29, down 89.31% from the prior year.
- Interest Coverage Ratio eased to 19.47 in Q4 2025, from 21.27 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 21.74 in Q4 2022 and troughed at 0.67 in Q1 2021.
- A 5-year average of 8.81 and a median of 1.64 in 2023 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2023, when Interest Coverage Ratio surged 81.98%; it then declined 8.47% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 14.23 in 2021, then soared by 52.77% to 21.74 in 2022, then retreated by 6.03% to 20.43 in 2023, then increased by 4.11% to 21.27 in 2024, then declined by 8.47% to 19.47 in 2025.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 19.47 in Q4 2025, 21.27 in Q4 2024, and 20.43 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | Manhattan Associates | 11.51 Bn | 11.32 Bn | 168.33 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 19.47 |
| Dec 31, 2024 | 21.27 |
| Dec 31, 2023 | 20.43 |
| Mar 31, 2023 | 9.07 |
| Dec 31, 2022 | 21.74 |
| Sep 30, 2022 | 1.35 |
| Jun 30, 2022 | 6.89 |
| Mar 31, 2022 | 1.06 |
| Dec 31, 2021 | 14.23 |
| Sep 30, 2021 | 1.19 |
| Jun 30, 2021 | 6.14 |
| Mar 31, 2021 | 0.67 |
| Dec 31, 2020 | 13.88 |
| Sep 30, 2020 | 0.84 |
| Jun 30, 2020 | 4.25 |
| Mar 31, 2020 | 0.55 |
| Dec 31, 2019 | 2.46 |
| Jun 30, 2019 | 4.17 |
| Mar 31, 2019 | 3.81 |
| Dec 31, 2018 | 44.06 |