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| Date | Value |
|---|---|
| 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% |