Company / Operating Margin
Manhattan Associates Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
25.9%
FY2025
5-year range
18.8% / 25.9%
FY2021-FY2025
Trend
+3.1%
vs FY2024
Sector context
#31 of 286
Information Technology
What the data says
Manhattan Associates's operating margin of 25.9% is higher than 89% of companies in the Information Technology sector (FY2025). Operating Margin has increased for 4 consecutive years, from 18.8% in FY2021 to 25.9% in FY2025.
Based on SEC 10-K filings.
25.9% in FY2025 with a 5-year CAGR of +1.9%. Top quartile in the Information Technology sector.
Improved from 22.6% to 25.9% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +6.4pp
- 5-Year Change
- +1.9pp
- 10-Year Change
- -
Sector benchmark
+112.3% above sector average
Key checks
Key Insights
- Manhattan Associates's operating margin has grown for 4 consecutive years.
- In FY2025, operating margin increased 3.1% year-over-year.
- Currently 236.7pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 3.03 (safe zone, above 2.9 threshold)
- Strong profit margin: 20.9%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 25.9% | +3.1% |
| FY2024 | 25.1% | +11.1% |
| FY2023 | 22.6% | +16.2% |
| FY2022 | 19.4% | +3.7% |
| FY2021 | 18.8% | -21.6% |
| FY2020 | 23.9% | -23.3% |
| FY2019 | 31.2% | -2.9% |
| FY2018 | 32.1% | +10.8% |
| FY2017 | 29.0% | +12.3% |
| FY2016 | 25.8% | -79.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026