Manhattan Associates (MEX:MANH) Net Margin %: 17.47% (As of Mar. 2026) — Near Median

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MEX:MANH Manhattan Associates Inc MEX:MANH
85 GF Score
Price MXN2,193.05
GF Value MXN3,665.51
! 3 Warning Signs
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What is Manhattan Associates Net Margin %?

Manhattan Associates MEX:MANH 85 Net Margin % is 17.47% as of Mar. 2026, which is 7% below its 10-year median of 18.87. GuruFocus rates MEX:MANH with a GF Score™ of 85/100 and a GF Value™ of MXN3,665.51. The stock has 3 warning signs investors should review. Among 2,829 Software companies, Manhattan Associates ranks better than 90.03% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Manhattan Associates's Net Income for the three months ended in Mar. 2026 was MXN889 Mil. Manhattan Associates's Revenue for the three months ended in Mar. 2026 was MXN5,089 Mil. Therefore, Manhattan Associates's net margin for the quarter that ended in Mar. 2026 was 17.47%.

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

MEX:MANH' s Net Margin % Range Over the Past 10 Years
Min: 13.88   Med: 18.87   Max: 20.95
Current: 19.68


MEX:MANH's Net Margin % is ranked better than
90.03% of 2829 companies
in the Software industry
Industry Median: 2.53 vs MEX:MANH: 19.68

Manhattan Associates  (MEX:MANH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Manhattan Associates Net Margin % Related Terms


Manhattan Associates Net Margin % Historical Data

* Premium members only.

The historical data trend for Manhattan Associates's Net 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 Net Margin % Chart

Manhattan Associates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.65 16.81 19.01 20.95 20.34

Manhattan Associates Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 20.01 20.84 21.26 19.21 17.47

MEX:MANH vs CHYM, DOCU, CWAN: Net Margin % Comparison

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

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

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


MEX:MANH
85GF Score
Manhattan Associates Inc MEX:MANH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manhattan Associates Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=3960.318/19471.22
=20.34 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=888.922/5089.098
=17.47 %

* 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 Net Margin % →
What does a Net Margin % of 17.47% mean?
Manhattan Associates (MEX:MANH) has a Net Margin % of 17.47% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Manhattan Associates and its competitors. This is near median its historical median of 18.87. Over the past decade, Manhattan Associates' Net Margin % has ranged from 13.88 to 20.95. According to the industry distribution chart, Manhattan Associates ranks #282 out of 2829 companies in the Software industry, placing it in the top 10%.
Is Manhattan Associates' Net Margin % too high?
Manhattan Associates' current Net Margin % of 17.47% is near median its 10-year median of 18.87. Over the past 10 years, this metric has ranged from a low of 13.88 to a high of 20.95. The Software industry median Net Margin % is 2.53. Manhattan Associates' value of 17.47% is 590.5% above this industry median. Based on the distribution chart, Manhattan Associates ranks #282 out of 2829 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 85/100, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Net Margin % compare to CHYM and DOCU?
According to the Software industry distribution chart, Manhattan Associates ranks #282 out of 2829 companies for Net Margin %. This places Manhattan Associates in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.53. Manhattan Associates' value of 17.47% is 590.5% above this benchmark. Historically, Manhattan Associates' own Net Margin % has ranged from 13.88 to 20.95 over the past decade. While the company's 10-year median is 18.87 vs. the industry median of 2.53, 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.53, based on 2,829 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manhattan Associates's current Net Margin % of 17.47% is 590.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Manhattan Associates and its competitors. For the Software industry, the median Net Margin % is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current Net Margin % is 17.47%, which is near median its own 10-year median of 18.87. 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?
Manhattan Associates (MEX:MANH) has a current Net Margin % of 17.47%. The stock's GF Value™ is MXN3,665.51, compared to a current price of MXN2,193.05 — trading 40.2% below its estimated fair value. The current Net Margin % is 17.47%, which is near median its 10-year median of 18.87 and 590.5% above the Software industry median of 2.53. Manhattan Associates' overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Manhattan Associates (MEX:MANH), the current Net Margin % is 17.47% 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 (MEX:MANH) Overvalued in 2026?

Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued. The current stock price of MXN2,193.05 is trading 40.2% below its estimated GF Value™ of MXN3,665.51.

Key valuation signals for MEX:MANH:

  • Net Margin %: 17.47% (near median its 10-year median of 18.87)
  • GF Value™: MXN3,665.51 vs. price of MXN2,193.05 (40.2% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 590.5% above the Software median (#282 of 2829)

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


Manhattan Associates Business Description

Other Exchanges MANH:USAMHT:Germany
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.
85GF Score

Get the complete analysis for MEX:MANH

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

MXN2,193.05
Price
MXN3,665.51
GF Value