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Friday 6 November 2026 Export MANH’s income statement to Excel — free account

Manhattan Associates, Inc.

MANH Technology Software Application

Manhattan Associates, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 3.75% from fiscal 2024.

Revenue
+11.0%
EPS
+8.25%
Free cash flow
−22.5%

Quarter to September 2026, against a year earlier

251.18 3.99 −1.56%
Market cap
$14.8B
P/E
71.0×
Fwd P/E
68.4×
Dividend yield
—
F-score
7/9
Altman Z
15.13
Beneish M
−3.40
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Manhattan Associates, Inc. (MANH) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Manhattan Associates, Inc. (MANH) trades at a EV/EBITDA of 51.5×. Over the past ten years it has ranged from 13.6× (February 2018) to 79.9× (November 2021); the current reading is higher than 68% of that period. That is above the Software Application industry median of 15.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 35.5× (41.69%)
FY2024 60.8× 4.87%
FY2023 58.0× 25.47%
FY2022 46.2× (31.49%)
FY2021 67.5× 28.16%
FY2020 52.7× 29.87%
FY2019 40.6× 113.69%
FY2018 19.0× 10.26%
FY2017 17.2× (8.39%)
FY2016 18.8× (32.80%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 39.8× 39.55%
Jun 2026 28.5× 6.36%
Mar 2026 26.8× (24.50%)
Dec 2025 35.5× (18.02%)
43 more quarters

Against its own ten years

Low 13.6× High 79.9×
Ten-year median 38.7×
Current reading's percentile 68

EV/EBITDA against peers

Company EV/EBITDA
SSNC SS&C Technologies Holdings, Inc. compare 11.3×
FICO Fair Isaac Corporation compare 17.1×
DOCU Docusign Inc. compare 18.8×
GRAB Grab Holdings Limited compare 24.9×
BSY Bentley Systems, Incorporated compare 33.2×
TYL Tyler Technologies, Inc. compare 34.1×
DT Dynatrace, Inc. compare 39.3×
MANH Manhattan Associates, Inc. 51.5×
GWRE Guidewire Software, Inc. compare 67.5×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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