Company / Working Capital
Manhattan Associates Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$127.4M
FY2025
5-year range
$99.8M / $159.4M
FY2021-FY2025
Trend
+23.8%
vs FY2024
Sector context
#234 of 311
Information Technology
What the data says
Manhattan Associates's working capital of $127M is lower than 75% of companies in the Information Technology sector (FY2025). Working Capital has fluctuated over the past 10 years, ranging from $50M in FY2019 to $159M in FY2021.
Based on SEC 10-K filings.
$127M in FY2025 with a 5-year CAGR of -1.4%.
Improved from $113M to $127M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +8.5%
- 5-Year CAGR
- -1.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 25% in Information TechnologyTop 75% of 311This company $127.4M Sector average $1.7B
▼
-92.6% below sector average
Key checks
Key Insights
- 5-year CAGR of -1.4%, indicating a declining trend.
- In FY2025, working capital increased 23.8% year-over-year.
- Ranks #234 out of 311 companies in the Information Technology sector.
- Peak working capital was recorded in FY2021.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $127.4M | +23.8% |
| FY2024 | $103.0M | -9.1% |
| FY2023 | $113.3M | +13.5% |
| FY2022 | $99.8M | -37.4% |
| FY2021 | $159.4M | +16.3% |
| FY2020 | $137.1M | +171.7% |
| FY2019 | $50.4M | -28.1% |
| FY2018 | $70.1M | -32.5% |
| FY2017 | $103.8M | +16.2% |
| FY2016 | $89.4M | -18.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026