Manhattan Associates (MANH) Return on Capital Employed (2011 - 2026)
Manhattan Associates (MANH) reported Return on Capital Employed of 87.29% for Q1 2026, up 581.0% year-over-year from 12.82% in Q1 2025, and up 8.63% on a QoQ basis from 80.36% in Q4 2025.
Manhattan Associates (MANH) has 16 years of Return on Capital Employed data on file, last reported at 87.29% in Q1 2026.
- Quarterly Return on Capital Employed rose 581.0% year-over-year to 87.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 87.29% (up 581.0% YoY) and the FY2025 annual result came in at 81.68%, down 133.0% from the prior year.
- Return on Capital Employed improved to 87.29% in Q1 2026 per MANH's latest filing, from 80.36% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 90.28% in Q2 2023 and bottomed at 53.18% in Q1 2022.
- The 5-year median for Return on Capital Employed is 79.87% (2024), against an average of 76.18%.
- The widest annual swing landed in 2023, when Return on Capital Employed jumped 3206 bps; it then plunged 1280 bps in 2024.
- Tracing MANH's Return on Capital Employed over 5 years: stood at 67.31% in 2022, then rose by 21 bps to 81.58% in 2023, then slipped by 2 bps to 79.87% in 2024, then advanced by 1 bps to 80.36% in 2025, then gained by 9 bps to 87.29% in 2026.
- Per Business Quant, the three latest MANH Return on Capital Employed figures stand at 87.29% (Q1 2026), 80.36% (Q4 2025), and 76.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Manhattan Associates | 8.28 Bn | 8.05 Bn | 155.57 Mn | 87.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 87.29% |
| Dec 31, 2025 | 80.36% |
| Sep 30, 2025 | 76.74% |
| Jun 30, 2025 | 85.42% |
| Mar 31, 2025 | 81.48% |
| Dec 31, 2024 | 79.87% |
| Sep 30, 2024 | 81.31% |
| Jun 30, 2024 | 77.48% |
| Mar 31, 2024 | 72.98% |
| Dec 31, 2023 | 81.58% |
| Sep 30, 2023 | 90.12% |
| Jun 30, 2023 | 90.28% |
| Mar 31, 2023 | 72.80% |
| Dec 31, 2022 | 67.31% |
| Sep 30, 2022 | 58.62% |
| Jun 30, 2022 | 58.22% |
| Mar 31, 2022 | 53.18% |
| Dec 31, 2021 | 48.33% |
| Sep 30, 2021 | 51.72% |
| Jun 30, 2021 | 51.20% |
| Mar 31, 2021 | 45.17% |
| Dec 31, 2020 | 46.71% |
| Sep 30, 2020 | 51.94% |
| Jun 30, 2020 | 61.37% |
| Mar 31, 2020 | 60.79% |
| Jun 30, 2019 | 64.17% |
| Mar 31, 2019 | 80.06% |
| Dec 31, 2018 | 87.04% |
| Sep 30, 2018 | 92.29% |
| Jun 30, 2018 | 104.20% |
| Mar 31, 2018 | 102.06% |
| Dec 31, 2017 | 94.54% |
| Sep 30, 2017 | 102.39% |
| Jun 30, 2017 | 112.93% |
| Mar 31, 2017 | 118.78% |
| Dec 31, 2016 | 102.83% |
| Sep 30, 2016 | 101.50% |
| Jun 30, 2016 | 94.78% |
| Mar 31, 2016 | 84.44% |
| Dec 31, 2015 | 80.60% |
| Sep 30, 2015 | 78.69% |
| Jun 30, 2015 | 72.33% |
| Mar 31, 2015 | 66.23% |
| Dec 31, 2014 | 67.41% |
| Sep 30, 2014 | 64.66% |
| Jun 30, 2014 | 62.16% |
| Mar 31, 2014 | 57.46% |
| Dec 31, 2013 | 53.75% |
| Sep 30, 2013 | 53.68% |
| Jun 30, 2013 | 49.26% |
| Mar 31, 2013 | 47.36% |
| Dec 31, 2012 | 45.07% |
| Sep 30, 2012 | 44.98% |
| Jun 30, 2012 | 43.94% |
| Mar 31, 2012 | 41.45% |
| Dec 31, 2011 | 35.46% |
| Sep 30, 2011 | 31.24% |