Manhattan Associates Inc (MANH) - Net Assets
Based on the latest financial reports, Manhattan Associates Inc (MANH) has net assets worth $314.76 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($839.39 Million) and total liabilities ($524.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Manhattan Associates Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $314.76 Million |
| % of Total Assets | 37.5% |
| Annual Growth Rate | 13.77% |
| 5-Year Change | 25.58% |
| 10-Year Change | 85.85% |
| Growth Volatility | 103.61 |
Manhattan Associates Inc - Net Assets Trend (1997–2025)
This chart illustrates how Manhattan Associates Inc's net assets have evolved over time, based on quarterly financial data. Also explore Manhattan Associates Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Manhattan Associates Inc (1997–2025)
The table below shows the annual net assets of Manhattan Associates Inc from 1997 to 2025. For live valuation and market cap data, see Manhattan Associates Inc (MANH) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $314.76 Million | +5.23% |
| 2024-12-31 | $299.13 Million | +7.49% |
| 2023-12-31 | $278.28 Million | +22.70% |
| 2022-12-31 | $226.80 Million | -9.51% |
| 2021-12-31 | $250.64 Million | +14.50% |
| 2020-12-31 | $218.90 Million | +53.85% |
| 2019-12-31 | $142.28 Million | -3.31% |
| 2018-12-31 | $147.15 Million | -15.89% |
| 2017-12-31 | $174.96 Million | +3.30% |
| 2016-12-31 | $169.37 Million | -13.36% |
| 2015-12-31 | $195.49 Million | +7.40% |
| 2014-12-31 | $182.02 Million | +0.24% |
| 2013-12-31 | $181.59 Million | +12.43% |
| 2012-12-31 | $161.51 Million | -0.35% |
| 2011-12-31 | $162.08 Million | -11.82% |
| 2010-12-31 | $183.80 Million | +0.24% |
| 2009-12-31 | $183.37 Million | +1.96% |
| 2008-12-31 | $179.84 Million | -3.16% |
| 2007-12-31 | $185.71 Million | -21.69% |
| 2006-12-31 | $237.14 Million | +15.45% |
| 2005-12-31 | $205.40 Million | -16.04% |
| 2004-12-31 | $244.63 Million | +7.18% |
| 2003-12-31 | $228.24 Million | +23.18% |
| 2002-12-31 | $185.29 Million | +31.23% |
| 2001-12-31 | $141.19 Million | +28.35% |
| 2000-12-31 | $110.00 Million | +87.72% |
| 1999-12-31 | $58.60 Million | +5.40% |
| 1998-12-31 | $55.60 Million | +554.12% |
| 1997-12-31 | $8.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manhattan Associates Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4501.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $345.10 Million | 109.64% |
| Common Stock | $598.00K | 0.19% |
| Other Comprehensive Income | $-30.93 Million | -9.83% |
| Total Equity | $314.76 Million | 100.00% |
Manhattan Associates Inc Competitors by Market Cap
The table below lists competitors of Manhattan Associates Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Piraeus Financial Holdings S.A
AT:TPEIR
|
$8.39 Billion |
|
Alpha Services and Holdings S.A.
AT:ALPHA
|
$8.40 Billion |
|
ALIB.HL.INF.TEC.UNSP.ADR
F:TWYA
|
$8.42 Billion |
|
China Communications Construction Company Limited
F:CYY
|
$8.43 Billion |
|
Builders FirstSource Inc
NYSE:BLDR
|
$8.37 Billion |
|
Hyundai Autoever Corp
KO:307950
|
$8.37 Billion |
|
PT Pantai Indah Kapuk Dua Tbk
JK:PANI
|
$8.37 Billion |
|
CTP N.V.
AS:CTPNV
|
$8.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manhattan Associates Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 299,126,000 to 314,765,000, a change of 15,639,000 (5.2%).
- Net income of 219,948,000 contributed positively to equity growth.
- Share repurchases of 315,162,000 reduced equity.
- Other comprehensive income decreased equity by 8,000.
- Other factors increased equity by 110,861,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $219.95 Million | +69.88% |
| Share Repurchases | $315.16 Million | -100.13% |
| Other Comprehensive Income | $-8.00K | -0.0% |
| Other Changes | $110.86 Million | +35.22% |
| Total Change | $- | 5.23% |
Book Value vs Market Value Analysis
This analysis compares Manhattan Associates Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 27.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1368.33x to 27.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.10 | $140.13 | x |
| 1998-12-31 | $0.55 | $140.13 | x |
| 1999-12-31 | $0.55 | $140.13 | x |
| 2000-12-31 | $0.90 | $140.13 | x |
| 2001-12-31 | $1.15 | $140.13 | x |
| 2002-12-31 | $1.52 | $140.13 | x |
| 2003-12-31 | $1.75 | $140.13 | x |
| 2004-12-31 | $1.97 | $140.13 | x |
| 2005-12-31 | $1.75 | $140.13 | x |
| 2006-12-31 | $2.12 | $140.13 | x |
| 2007-12-31 | $1.70 | $140.13 | x |
| 2008-12-31 | $1.85 | $140.13 | x |
| 2009-12-31 | $2.03 | $140.13 | x |
| 2010-12-31 | $2.05 | $140.13 | x |
| 2011-12-31 | $1.89 | $140.13 | x |
| 2012-12-31 | $1.99 | $140.13 | x |
| 2013-12-31 | $2.33 | $140.13 | x |
| 2014-12-31 | $2.40 | $140.13 | x |
| 2015-12-31 | $2.64 | $140.13 | x |
| 2016-12-31 | $2.35 | $140.13 | x |
| 2017-12-31 | $2.52 | $140.13 | x |
| 2018-12-31 | $2.21 | $140.13 | x |
| 2019-12-31 | $2.19 | $140.13 | x |
| 2020-12-31 | $3.40 | $140.13 | x |
| 2021-12-31 | $3.90 | $140.13 | x |
| 2022-12-31 | $3.58 | $140.13 | x |
| 2023-12-31 | $4.44 | $140.13 | x |
| 2024-12-31 | $4.81 | $140.13 | x |
| 2025-12-31 | $5.16 | $140.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manhattan Associates Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 69.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.34%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 2.67x
- Recent ROE (69.88%) is above the historical average (36.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 97.65% | 25.54% | 2.17x | 1.76x | $7.45 Million |
| 1998 | 13.13% | 11.76% | 0.92x | 1.22x | $1.74 Million |
| 1999 | 1.88% | 1.35% | 1.00x | 1.38x | $-4.76 Million |
| 2000 | 14.79% | 12.22% | 0.87x | 1.39x | $5.27 Million |
| 2001 | 11.46% | 10.70% | 0.84x | 1.28x | $2.07 Million |
| 2002 | 13.60% | 14.34% | 0.80x | 1.19x | $6.67 Million |
| 2003 | 9.57% | 11.10% | 0.75x | 1.16x | $-979.20K |
| 2004 | 9.04% | 10.29% | 0.74x | 1.19x | $-2.35 Million |
| 2005 | 9.07% | 7.56% | 0.90x | 1.33x | $-1.90 Million |
| 2006 | 8.15% | 6.69% | 0.92x | 1.33x | $-4.38 Million |
| 2007 | 16.56% | 9.11% | 1.24x | 1.46x | $12.18 Million |
| 2008 | 12.68% | 6.76% | 1.25x | 1.50x | $4.81 Million |
| 2009 | 9.03% | 6.71% | 0.93x | 1.44x | $-1.77 Million |
| 2010 | 15.27% | 9.44% | 1.06x | 1.53x | $9.68 Million |
| 2011 | 27.71% | 13.64% | 1.27x | 1.60x | $28.70 Million |
| 2012 | 32.11% | 13.78% | 1.44x | 1.62x | $35.70 Million |
| 2013 | 37.06% | 16.23% | 1.39x | 1.64x | $49.14 Million |
| 2014 | 45.05% | 16.66% | 1.55x | 1.75x | $63.80 Million |
| 2015 | 52.93% | 18.60% | 1.65x | 1.73x | $83.93 Million |
| 2016 | 73.35% | 20.55% | 2.03x | 1.75x | $107.30 Million |
| 2017 | 66.58% | 19.59% | 1.89x | 1.80x | $98.99 Million |
| 2018 | 71.15% | 18.72% | 1.82x | 2.09x | $89.98 Million |
| 2019 | 60.28% | 13.88% | 1.66x | 2.62x | $71.53 Million |
| 2020 | 39.85% | 14.88% | 1.26x | 2.13x | $65.35 Million |
| 2021 | 44.08% | 16.65% | 1.23x | 2.15x | $85.41 Million |
| 2022 | 56.86% | 16.81% | 1.35x | 2.51x | $106.28 Million |
| 2023 | 63.45% | 19.01% | 1.38x | 2.42x | $148.74 Million |
| 2024 | 73.00% | 20.95% | 1.38x | 2.53x | $188.45 Million |
| 2025 | 69.88% | 20.34% | 1.29x | 2.67x | $188.47 Million |
Industry Comparison
This section compares Manhattan Associates Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,053,721,914
- Average return on equity (ROE) among peers: -264.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manhattan Associates Inc (MANH) | $314.76 Million | 97.65% | 1.67x | $8.39 Billion |
| Adobe Systems Incorporated (ADBE) | $224.60 Million | 19.41% | 0.25x | $93.73 Billion |
| ADEIA CORP (ADEA) | $1.45 Billion | 10.11% | 0.86x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $2.32 Billion | 19.64% | 0.66x | $76.36 Billion |
| Autodesk Inc (ADSK) | $1.31 Billion | 14.01% | 0.85x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $130.78 Million | 13.07% | 0.44x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $109.00K | -2388.07% | 23.23x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $408.76 Million |
| Alkami Technology Inc (ALKT) | $14.64 Million | -285.93% | 2.60x | $1.72 Billion |
About Manhattan Associates Inc
Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers warehouse management solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and transportation managemen… Read more