GURUFOCUS.COM » STOCK LIST » Technology » Software » Manhattan Associates Inc (NAS:MANH) » Definitions » Gross Margin %

Manhattan Associates (Manhattan Associates) Gross Margin % : 53.14% (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Manhattan Associates Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Manhattan Associates's Gross Profit for the three months ended in Mar. 2024 was $135.3 Mil. Manhattan Associates's Revenue for the three months ended in Mar. 2024 was $254.6 Mil. Therefore, Manhattan Associates's Gross Margin % for the quarter that ended in Mar. 2024 was 53.14%.


The historical rank and industry rank for Manhattan Associates's Gross Margin % or its related term are showing as below:

MANH' s Gross Margin % Range Over the Past 10 Years
Min: 53.3   Med: 55.96   Max: 58.67
Current: 53.62


During the past 13 years, the highest Gross Margin % of Manhattan Associates was 58.67%. The lowest was 53.30%. And the median was 55.96%.

MANH's Gross Margin % is ranked better than
62.75% of 2628 companies
in the Software industry
Industry Median: 41.685 vs MANH: 53.62

Manhattan Associates had a gross margin of 53.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Manhattan Associates was -0.90% per year.


Manhattan Associates Gross Margin % Historical Data

The historical data trend for Manhattan Associates's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manhattan Associates Gross Margin % Chart

Manhattan Associates Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.89 53.97 55.12 53.30 53.63

Manhattan Associates Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.11 52.90 53.26 55.20 53.14

Competitive Comparison of Manhattan Associates's Gross Margin %

For the Software - Application subindustry, Manhattan Associates's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manhattan Associates's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Manhattan Associates's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Manhattan Associates's Gross Margin % falls into.



Manhattan Associates Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Manhattan Associates's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=498.1 / 928.725
=(Revenue - Cost of Goods Sold) / Revenue
=(928.725 - 430.614) / 928.725
=53.63 %

Manhattan Associates's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=135.3 / 254.552
=(Revenue - Cost of Goods Sold) / Revenue
=(254.552 - 119.287) / 254.552
=53.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Manhattan Associates  (NAS:MANH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Manhattan Associates had a gross margin of 53.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Manhattan Associates Gross Margin % Related Terms

Thank you for viewing the detailed overview of Manhattan Associates's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Manhattan Associates (Manhattan Associates) Business Description

Traded in Other Exchanges
Address
2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, USA, 30339
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 around the world.
Executives
Thomas E Noonan director C/O INTERNET SECURITY SYSTEM INC, 6303 BARFIELD RD, ATLANTA GA 30328
James Stewart Gantt officer: Executive Vice President 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Deepak Raghavan director 2300 WINDY RIDGE PARKWAY SUITE 700, ATLANTA GA 30339
Huntz John J Jr director 1201 W PEACHTREE STREET NW, STE 5000, ATLANTA GA 30309
Linda T. Hollembaek director 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Edmond Eger director 135 CHEROKEE WAY, PORTOLA VALLEY CA 94028
Bruce Richards officer: Sr. V.P. & Chief Legal Officer 190 NORTHLAND RIDGE TRAIL, ATLANTA GA 30342
Dennis B Story officer: Sr. VP and CFO
Eddie Capel officer: Executive VP-Global Operations 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339
Kimberly A Kuryea director C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Robert G Howell officer: Sr VP, Americas Sales 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Brian J Cassidy director MEENTSESTREAST 81 NL 6987, GLESBEEK NETHERLANDS P7 0000
John H Heyman director 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Linda C. Pinne officer: Sr VP, Global Corp Controller 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339