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

256.29 4.12 −1.58%
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

Manhattan Associates, Inc. (MANH) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Manhattan Associates, Inc. (MANH) trades at a EV/FCF of 38.8×. Over the past ten years it has ranged from 16.7× (February 2018) to 69.1× (December 2024); the current reading is higher than 48% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 27.1× (52.32%)
FY2024 56.9× 9.88%
FY2023 51.8× 21.65%
FY2022 42.6× (19.64%)
FY2021 53.0× 13.02%
FY2020 46.9× 22.91%
FY2019 38.2× 83.45%
FY2018 20.8× (2.04%)
FY2017 21.2× (26.39%)
FY2016 28.8× (33.76%)

Quarterly newest first

Period EV/FCF Change
Sep 2026 29.9× 49.48%
Jun 2026 20.0× (1.50%)
Mar 2026 20.3× (25.08%)
Dec 2025 27.1× (25.34%)
43 more quarters

Against its own ten years

Low 16.7× High 69.1×
Ten-year median 39.9×
Current reading's percentile 51

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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