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MANH

Manhattan Associates, Inc.

MANH · NASDAQSoftware
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Cloud &computewhere the software runsTalent & AIengineers & modelsManhattanActive…the cloud-native coreSolutionsWMS · TMS · OMS · POSIntegrators &partnerswho deploys itCustomersretailers, makers & 3PLsGCPGoogle CloudENGEngineering talentAIGenerative AI modelsMANHManhattan AssociatesMAManhattan Active platformWMSWarehouse ManagementTMSTransportation ManagementOMSOmnichannel / Order ManagementPOSPoint of Sale & StoreBYBlue YonderSAPSAPORCLOracleSISystem integratorsCROXCrocsADSadidasSEPSephoraSTPStaplesGEGiant EagleMFGManufacturers & wholesalersRETRetailers, brands & 3PLs
Company details
Market cap
$11B
P/E ratio
40×
Div yield
EPS (TTM)
$3.60
Profit margin
20%
Rev. growth
+4%
Revenue
$1.08B
Free cash flow
$374M
In plain English
Manhattan Associates writes the software that runs warehouses, freight and store orders for the world's biggest retailers, brands and 3PLs. Its cloud-native Manhattan Active platform — hosted on Google Cloud — is the system of record for where inventory is and how it moves, sold as a subscription. It grows almost entirely organically and converts ~35% of revenue to free cash flow, most of which goes back out in buybacks.
In simple terms
What Manhattan Associates, Inc. really sells
Manhattan Associates writes the software that runs warehouses, freight and store orders for the world's biggest retailers, brands and 3PLs. Its cloud-native Manhattan Active platform — hosted on Google Cloud — is the system of record for where inventory is and how it moves, sold as a subscription. It grows almost entirely organically and converts ~35% of revenue to free cash flow, most of which goes back out in buybacks.
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Risk read
Moderate
SteadierMore speculative
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