Manhattan Associates (FRA:MHT) Tax Rate %: 28.84% (As of Mar. 2026)


FRA:MHT Manhattan Associates Inc FRA:MHT
85 GF Score
Price €130.25
GF Value €227.83
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Manhattan Associates Tax Rate %?

Manhattan Associates FRA:MHT +2.96% 85 Tax Rate % is 28.84% as of Mar. 2026. GuruFocus rates FRA:MHT with a GF Score™ of 85/100 and a GF Value™ of €227.83 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Manhattan Associates's Tax Expense for the three months ended in Mar. 2026 was €17.3 Mil. Manhattan Associates's Pre-Tax Income for the three months ended in Mar. 2026 was €59.9 Mil. Therefore, Manhattan Associates's Tax Rate % for the quarter that ended in Mar. 2026 was 28.84%.

Manhattan Associates Tax Rate % Related Terms

Manhattan Associates Tax Rate % Historical Data

* Premium members only.

The historical data trend for Manhattan Associates's Tax Rate % 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 Tax Rate % Chart

Manhattan Associates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 18.44 17.36 18.16 23.07

Manhattan Associates Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 18.49 23.79 25.24 24.10 28.84
FRA:MHT
85GF Score
Manhattan Associates Inc FRA:MHT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manhattan Associates Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Manhattan Associates's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=56.318/244.153
=23.07 %

Manhattan Associates's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=17.282/59.922
=28.84 %

* 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 Tax Rate % →
What does a Tax Rate % of 28.84% mean?
Manhattan Associates (FRA:MHT) has a Tax Rate % of 28.84% as of Mar. 2026.
Is Manhattan Associates' Tax Rate % too high?
Manhattan Associates' current Tax Rate % is 28.84%. Overall, Manhattan Associates has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Tax Rate % compare to CHYM and DOCU?
Manhattan Associates' Tax Rate % of 28.84% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Manhattan Associates's current Tax Rate % is 28.84%. 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 (FRA:MHT) is currently considered Significantly Undervalued. The stock's GF Value™ is €227.83, compared to a current price of €130.25 — trading 42.8% below its estimated fair value. The current Tax Rate % is 28.84%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Manhattan Associates (FRA:MHT), the current Tax Rate % is 28.84% 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 (FRA:MHT) Overvalued in 2026?

Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued. The current stock price of €130.25 is trading 42.8% below its estimated GF Value™ of €227.83. GuruFocus considers Manhattan Associates to be Significantly Undervalued.

Key valuation signals for FRA:MHT:

  • Tax Rate %: 28.84%
  • GF Value™: €227.83 vs. price of €130.25 (42.8% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the FRA:MHT 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 FRA:MHT

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

€130.25
Price
€227.83
GF Value