Manhattan Associates (STU:MHT) FCF Margin %: 28.33% (As of Mar. 2026) — 14% Above Median


STU:MHT Manhattan Associates Inc STU:MHT
83 GF Score
Price €110.95
GF Value €227.51
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Manhattan Associates FCF Margin %?

Manhattan Associates STU:MHT -1.38% 83 FCF Margin % is 28.33% as of Mar. 2026, which is 14% above its 10-year median of 24.78. GuruFocus rates STU:MHT with a GF Score™ of 83/100 and a GF Value™ of €227.51 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,811 Software companies, Manhattan Associates ranks better than 95.62% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Manhattan Associates's Free Cash Flow for the three months ended in Mar. 2026 was €69.2 Mil. Manhattan Associates's Revenue for the three months ended in Mar. 2026 was €244.1 Mil. Therefore, Manhattan Associates's FCF Margin % for the quarter that ended in Mar. 2026 was 28.33%.

As of today, Manhattan Associates's current FCF Yield % is 4.93%.

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

STU:MHT' s FCF Margin % Range Over the Past 10 Years
Min: 21.31   Med: 24.78   Max: 34.59
Current: 34.43


During the past 13 years, the highest FCF Margin % of Manhattan Associates was 34.59%. The lowest was 21.31%. And the median was 24.78%.

STU:MHT's FCF Margin % is ranked better than
95.62% of 2811 companies
in the Software industry
Industry Median: 2.4 vs STU:MHT: 34.43


Manhattan Associates FCF Margin % Related Terms


Manhattan Associates FCF Margin % Historical Data

* Premium members only.

The historical data trend for Manhattan Associates's FCF 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.

Manhattan Associates FCF Margin % Chart

Manhattan Associates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 22.56 26.00 27.47 34.59

Manhattan Associates Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 28.30 25.72 31.61 52.66 28.33

STU:MHT vs FROG, BSY, DOCU: FCF Margin % Comparison

For the Software - Application subindustry, Manhattan Associates's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Software Industry

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

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


STU:MHT
83GF Score
Manhattan Associates Inc STU:MHT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manhattan Associates FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Manhattan Associates's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=319.407/923.509
=34.59 %

Manhattan Associates's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=69.15/244.116
=28.33 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 28.33% mean?
Manhattan Associates (STU:MHT) has a FCF Margin % of 28.33% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Manhattan Associates and its competitors. This is 14% above median its historical median of 24.78. Over the past decade, Manhattan Associates' FCF Margin % has ranged from 21.31 to 34.59. According to the industry distribution chart, Manhattan Associates ranks #123 out of 2811 companies in the Software industry, placing it in the top 4.4%.
Is Manhattan Associates' FCF Margin % too high?
Manhattan Associates' current FCF Margin % of 28.33% is 14% above median its 10-year median of 24.78. Over the past 10 years, this metric has ranged from a low of 21.31 to a high of 34.59. The Software industry median FCF Margin % is 2.40. Manhattan Associates' value of 28.33% is 1080.4% above this industry median. Based on the distribution chart, Manhattan Associates ranks #123 out of 2811 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Manhattan Associates has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' FCF Margin % compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #123 out of 2811 companies for FCF Margin %. This places Manhattan Associates in the top 4% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.40. Manhattan Associates' value of 28.33% is 1080.4% above this benchmark. Historically, Manhattan Associates' own FCF Margin % has ranged from 21.31 to 34.59 over the past decade. While the company's 10-year median is 24.78 vs. the industry median of 2.40, Manhattan Associates has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.40, based on 2,811 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current FCF Margin % of 28.33% is 1080.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Manhattan Associates and its competitors. For the Software industry, the median FCF Margin % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current FCF Margin % is 28.33%, which is 14% above median its own 10-year median of 24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manhattan Associates stock overvalued right now?
Based on GuruFocus' analysis, Manhattan Associates (STU:MHT) is currently considered Significantly Undervalued. The stock's GF Value™ is €227.51, compared to a current price of €110.95 — trading 51.2% below its estimated fair value. The current FCF Margin % is 28.33%, which is 14% above median its 10-year median of 24.78 and 1080.4% above the Software industry median of 2.40. Manhattan Associates' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Manhattan Associates (STU:MHT), the current FCF Margin % is 28.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manhattan Associates (STU:MHT) Overvalued in 2026?

Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued. The current stock price of €110.95 is trading 51.2% below its estimated GF Value™ of €227.51. GuruFocus considers Manhattan Associates to be Significantly Undervalued.

Key valuation signals for STU:MHT:

  • FCF Margin %: 28.33% (14% above median its 10-year median of 24.78)
  • GF Value™: €227.51 vs. price of €110.95 (51.2% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 1080.4% above the Software median (#123 of 2811)

No single metric tells the full story. See the STU:MHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manhattan Associates Business Description

Other Exchanges MANH:USA
Address 2300 Windy Ridge Parkway0, 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 worldwide.
83GF Score

Get the complete analysis for STU:MHT

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€110.95
Price
€227.51
GF Value