Manhattan AssociatesSTU:MHT -1.38%83 Gross Margin % is 55.13% as of Mar. 2026, which is 0% above its 10-year median of 54.97. 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 2,683 Software companies, Manhattan Associates ranks better than 67.13% on this metric.
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 55.13% for the quarter that ended in Mar. 2026 => 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
Manhattan Associates Gross Margin % Historical Data
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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.
STU:MHT vs FROG, BSY, DOCU: Gross Margin % Comparison
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 Gross Margin % vs 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.
* 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 (STU:MHT) has a Gross Margin % of 55.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Manhattan Associates and its competitors. This is near median its historical median of 54.97. Over the past decade, Manhattan Associates' Gross Margin % has ranged from 53.30 to 58.67. According to the industry distribution chart, Manhattan Associates ranks #882 out of 2683 companies in the Software industry, placing it in the top 32.9%.
Is Manhattan Associates' Gross Margin % too high?
Manhattan Associates' current Gross Margin % of 55.13% is near median its 10-year median of 54.97. Over the past 10 years, this metric has ranged from a low of 53.30 to a high of 58.67. The Software industry median Gross Margin % is 40.45. Manhattan Associates' value of 55.13% is 36.3% above this industry median. Based on the distribution chart, Manhattan Associates ranks #882 out of 2683 companies in the Software industry, which is above the industry midpoint. 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' Gross Margin % compare to FROG and BSY?
According to the Software industry distribution chart, Manhattan Associates ranks #882 out of 2683 companies for Gross Margin %. This puts Manhattan Associates in the upper half of its industry. The industry median Gross Margin % is 40.45. Manhattan Associates' value of 55.13% is 36.3% above this benchmark. Historically, Manhattan Associates' own Gross Margin % has ranged from 53.30 to 58.67 over the past decade. While the company's 10-year median is 54.97 vs. the industry median of 40.45, 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 Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current Gross Margin % of 55.13% is 36.3% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Manhattan Associates and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current Gross Margin % is 55.13%, which is near median its own 10-year median of 54.97. 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 Gross Margin % is 55.13%, which is near median its 10-year median of 54.97 and 36.3% above the Software industry median of 40.45. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Manhattan Associates (STU:MHT), the current Gross Margin % is 55.13% 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:
Gross Margin %: 55.13% (near median its 10-year median of 54.97)
GF Value™: €227.51 vs. price of €110.95 (51.2% below fair value)
Industry Position: 36.3% above the Software median (#882 of 2683)
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 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
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