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. In the quarter to June 2026, revenue grew 9.31%, EPS fell 8.51% and free cash flow grew 28.0%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
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Manhattan Associates, Inc. (MANH) EV/Sales
As of 16 October 2026, Manhattan Associates, Inc. (MANH) trades at a EV/Sales of 11.4×. Over the past ten years it has ranged from 3.7× (March 2020) to 18.3× (December 2024); the current reading is higher than 69% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 9.4× | (39.97%) |
| FY2024 | 15.6× | 16.08% |
| FY2023 | 13.5× | 40.22% |
| FY2022 | 9.6× | (33.60%) |
| FY2021 | 14.5× | 30.95% |
| FY2020 | 11.0× | 35.86% |
| FY2019 | 8.1× | 68.13% |
| FY2018 | 4.8× | (14.19%) |
| FY2017 | 5.6× | (10.83%) |
| FY2016 | 6.3× | (25.67%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 7.1× | 1.25% |
| Mar 2026 | 7.0× | (25.30%) |
| Dec 2025 | 9.4× | (17.32%) |
| Sep 2025 | 11.4× | 2.31% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| GRAB Grab Holdings Limited compare | 2.1× |
| HUBS HubSpot, Inc. compare | 3.1× |
| CHYM Chime Financial, Inc. compare | 4.1× |
| DOCU Docusign Inc. compare | 4.2× |
| TYL Tyler Technologies, Inc. compare | 6.6× |
| FIG Figma, Inc. compare | 7.5× |
| GWRE Guidewire Software, Inc. compare | 9.7× |
| MANH Manhattan Associates, Inc. | 11.4× |
| FROG JFrog Ltd. compare | 15.7× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)