Manhattan Associates (MANH) Return on Capital Employed (2011 - 2026)

Manhattan Associates (MANH) posted quarterly Return on Capital Employed of 112.05% for Q2 2026, up 2663.0% year-over-year from 4.06% in Q2 2025, and up 28.37% on a QoQ basis from 87.29% in Q1 2026.

Manhattan Associates (MANH) Return on Capital Employed (2011 - 2026) Analysis & Trends

Manhattan Associates has reported Return on Capital Employed for 16 years, with the latest figure at 112.05% in Q2 2026.

  • Return on Capital Employed for Q2 2026 came in at 112.05%, up 2663.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 112.05% (up 2663.0% YoY), and the FY2025 annual result was 81.68%, down 133.0% from the prior year.
  • Return on Capital Employed improved to 112.05% in Q2 2026, from 87.29% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 112.05% in Q2 2026 and troughed at 53.18% in Q1 2022.
  • A 5-year average of 78.17% and a median of 80.11% in 2025 frame the typical range for Return on Capital Employed.
  • The widest annual swing landed in 2023, when Return on Capital Employed jumped 3206 bps; it then slumped 1280 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 67.31% in 2022, then climbed by 21 bps to 81.58% in 2023, then fell by 2 bps to 79.87% in 2024, then increased by 1 bps to 80.36% in 2025, then jumped by 39 bps to 112.05% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 112.05% in Q2 2026, 87.29% in Q1 2026, and 80.36% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 38.72%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 14.37%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 10.65%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.97%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 10.59%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -25.94%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -46.62%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 51.24%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 23.43%
10 Manhattan Associates 11.51 Bn 11.32 Bn 168.33 Mn 112.05%

Historic Data

Download Data
DateValue
Jun 30, 2026 112.05%
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%