🚀 VC round data is live in beta, check it out!

Manhattan Associates Valuation Multiples

Discover revenue and EBITDA valuation multiples for Manhattan Associates and similar public comparables like Ingram Micro, Zhuzhou CRRC Times, Descartes Systems Group, Full Truck Alliance and more.

Manhattan Associates Overview

About Manhattan Associates

Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.


Founded

1998

HQ

United States

Employees

4.4K

Website

manh.com

Financials (LTM)

Revenue: $1B
EBITDA: $396M

EV

$8B

Valuation Multiples

Multiples.vc

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

Manhattan Associates Financials

Manhattan Associates reported last 12-month revenue of $1B and EBITDA of $396M.

In the same LTM period, Manhattan Associates generated $664M in gross profit, $396M in EBITDA, and $311M in net income.

Revenue (LTM)


Manhattan Associates P&L

In the most recent fiscal year, Manhattan Associates reported revenue of $1B and EBITDA of $395M.

Manhattan Associates expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Manhattan Associates forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$1BXXX$1BXXXXXXXXX
Gross Profit$664MXXX$609MXXXXXXXXX
Gross Margin60%XXX56%XXXXXXXXX
EBITDA$396MXXX$395MXXXXXXXXX
EBITDA Margin36%XXX37%XXXXXXXXX
EBIT Margin36%XXX36%XXXXXXXXX
Net Profit$311MXXX$309MXXXXXXXXX
Net Margin28%XXX29%XXXXXXXXX

Financial data powered by Morningstar, Inc.

Manhattan Associates Stock Performance

Manhattan Associates has current market cap of $8B, and enterprise value of $8B.

Market Cap Evolution


Manhattan Associates' stock price is $132.71.

See Manhattan Associates trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$8B$8B2.2%XXXXXXXXX$5.22

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

Manhattan Associates Valuation Multiples

Manhattan Associates trades at 6.9x EV/Revenue multiple, and 19.2x EV/EBITDA.

See valuation multiples for Manhattan Associates and 15K+ public comps

EV / Revenue (LTM)


Manhattan Associates Financial Valuation Multiples

As of April 18, 2026, Manhattan Associates has market cap of $8B and EV of $8B.

Equity research analysts estimate Manhattan Associates' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Manhattan Associates has a P/E ratio of 25.3x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$8BXXX$8BXXXXXXXXX
EV (current)$8BXXX$8BXXXXXXXXX
EV/Revenue6.9xXXX7.0xXXXXXXXXX
EV/EBITDA19.2xXXX19.2xXXXXXXXXX
EV/EBIT19.4xXXX19.6xXXXXXXXXX
EV/Gross Profit11.4xXXX12.5xXXXXXXXXX
P/E25.3xXXX25.4xXXXXXXXXX
EV/FCF20.3xXXX20.3xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Manhattan Associates Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

FactSetMorningstar
Start Free Trial

Manhattan Associates Margins & Growth Rates

Manhattan Associates' revenue in the last 12 month grew by 7%.

Manhattan Associates' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Manhattan Associates' rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Manhattan Associates' rule of X is 50% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Manhattan Associates and other 15K+ public comps

Manhattan Associates Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth7%XXX6%XXXXXXXXX
EBITDA Margin36%XXX37%XXXXXXXXX
EBITDA Growth4%XXX1%XXXXXXXXX
Rule of 40—XXX41%XXXXXXXXX
Bessemer Rule of X—XXX50%XXXXXXXXX
Revenue per Employee—XXX$0.2MXXXXXXXXX
Opex per Employee—XXX$0.1MXXXXXXXXX
S&M Expenses to Revenue7%XXX8%XXXXXXXXX
G&A Expenses to Revenue6%XXX9%XXXXXXXXX
R&D Expenses to Revenue11%XXX13%XXXXXXXXX
Opex to Revenue—XXX30%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Manhattan Associates Public Comps

See public comps and valuation multiples for other Supply Chain Management Software and Transportation & Logistics Software comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
Manhattan AssociatesXXXXXXXXXXXXXXXXXX
Ingram MicroXXXXXXXXXXXXXXXXXX
Zhuzhou CRRC TimesXXXXXXXXXXXXXXXXXX
Descartes Systems GroupXXXXXXXXXXXXXXXXXX
Full Truck AllianceXXXXXXXXXXXXXXXXXX
ServiceTitanXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

Manhattan Associates M&A Activity

Manhattan Associates acquired XXX companies to date.

Last acquisition by Manhattan Associates was on XXXXXXXX, XXXXX. Manhattan Associates acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See M&A valuation multiples

Latest Acquisitions by Manhattan Associates

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.

Start Free Trial

Manhattan Associates Investment Activity

Manhattan Associates invested in XXX companies to date.

Manhattan Associates made its latest investment on XXXXXXXX, XXXXX. Manhattan Associates invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See VC round multiples

Latest Investments by Manhattan Associates

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About Manhattan Associates

When was Manhattan Associates founded?Manhattan Associates was founded in 1998.
Where is Manhattan Associates headquartered?Manhattan Associates is headquartered in United States.
How many employees does Manhattan Associates have?As of today, Manhattan Associates has over 4K employees.
Who is the CEO of Manhattan Associates?Manhattan Associates' CEO is Eric Andrew Clark.
Is Manhattan Associates publicly listed?Yes, Manhattan Associates is a public company listed on Nasdaq.
What is the stock symbol of Manhattan Associates?Manhattan Associates trades under MANH ticker.
When did Manhattan Associates go public?Manhattan Associates went public in 1998.
Who are competitors of Manhattan Associates?Manhattan Associates main competitors are Ingram Micro, Zhuzhou CRRC Times, Descartes Systems Group, Full Truck Alliance.
What is the current market cap of Manhattan Associates?Manhattan Associates' current market cap is $8B.
What is the current revenue of Manhattan Associates?Manhattan Associates' last 12 months revenue is $1B.
What is the current revenue growth of Manhattan Associates?Manhattan Associates revenue growth (NTM/LTM) is 7%.
What is the current EV/Revenue multiple of Manhattan Associates?Current revenue multiple of Manhattan Associates is 6.9x.
Is Manhattan Associates profitable?Yes, Manhattan Associates is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Manhattan Associates?Manhattan Associates' last 12 months EBITDA is $396M.
What is Manhattan Associates' EBITDA margin?Manhattan Associates' last 12 months EBITDA margin is 36%.
What is the current EV/EBITDA multiple of Manhattan Associates?Current EBITDA multiple of Manhattan Associates is 19.2x.
What is the current FCF of Manhattan Associates?Manhattan Associates' last 12 months FCF is $374M.
What is Manhattan Associates' FCF margin?Manhattan Associates' last 12 months FCF margin is 34%.
What is the current EV/FCF multiple of Manhattan Associates?Current FCF multiple of Manhattan Associates is 20.3x.

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial