MANH vs. WDAY: Manhattan Associates vs. Workday Stock Comparison
How do Manhattan Associates (MANH) and Workday (WDAY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Manhattan Associates (MANH) and Workday (WDAY) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
| Profile Item | MANH | WDAY |
|---|---|---|
| Name | Manhattan Associates Inc. | Workday Inc Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 14.68 billion USD | 46.49 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | April 23, 1998 | October 12, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Total Return (1Y) | 42.28% | -14.74% |
| Total Return (3Y, Annualized) | 6.91% | -5.22% |
| Total Return (5Y, Annualized) | 7.39% | -8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Volatility (1Y, Annualized) | 46.95% | 54.35% |
| Beta (5Y) | 0.82 | 1.01 |
| Max Drawdown (5Y) | -60.98% | -63.38% |
| Avg. Volume (3M) | 751.46K | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.81 | -0.35 |
| Sortino Ratio (1Y) | 1.27 | -0.54 |
Profitability
ROE (TTM)
Manhattan Associates (MANH) at 83.51% clears its industry range for ROE, a sharper capital-efficiency signal than Workday (WDAY) at 16.01%, which is closer to a typical peer reading.
MANH
Software & Services industry group
83.51%
- MANH
- 83.51%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
WDAY
Software & Services industry group
16.01%
- Max
- 53.85%
- Q3
- 17.90%
- WDAY
- 16.01%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Manhattan Associates (MANH) at 18.41% retains a top-quartile share of revenue as profit, ahead of Workday (WDAY) at 12.32%, which keeps about the industry-typical share.
MANH
Software & Services industry group
18.41%
- Max
- 41.17%
- MANH
- 18.41%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
WDAY
Software & Services industry group
12.32%
- Max
- 41.17%
- Q3
- 15.28%
- WDAY
- 12.32%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Manhattan Associates (MANH) at 26.45% operates in the top operating margin quartile, ahead of Workday (WDAY) at 11.82%, which runs around its industry’s norm.
MANH
Software & Services industry group
26.45%
- Max
- 46.89%
- MANH
- 26.45%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
WDAY
Software & Services industry group
11.82%
- Max
- 46.89%
- Q3
- 17.64%
- WDAY
- 11.82%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | MANH | WDAY |
|---|---|---|
| ROE (TTM) | 83.51% | 16.01% |
| ROA (TTM) | 23.64% | 4.51% |
| Net Margin (TTM) | 18.41% | 12.32% |
| Operating Margin (TTM) | 26.45% | 11.82% |
| Gross Margin (TTM) | 55.93% | 75.80% |
Growth
Revenue Growth
Workday (WDAY) at 13.10% is around its peer norm for revenue growth, while Manhattan Associates (MANH) at 3.75% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Manhattan Associates (MANH) at 2.56% and Workday (WDAY) at 32.82% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Revenue Growth (YoY) | 3.75% | 13.10% |
| Revenue Growth (3Y CAGR) | 12.13% | 15.40% |
| EPS Growth (YoY) | 2.56% | 32.82% |
| EPS Growth (3Y CAGR) | 21.04% | -- |
Financial Strength
Current Ratio (MRQ)
Manhattan Associates (MANH) at 1.07 keeps current ratio within its industry’s typical mid-range, while Workday (WDAY) at 0.91 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WDAY.
MANH
Software & Services industry group
1.07
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- MANH
- 1.07
- Q1
- 1.01
- Min
- 0.03
WDAY
Software & Services industry group
0.91
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- WDAY
- 0.91
- Min
- 0.03
Debt / Equity (MRQ)
Both Manhattan Associates (MANH) at 0.26 and Workday (WDAY) at 0.58 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
MANH
Software & Services industry group
0.26
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- MANH
- 0.26
- Q1
- 0.07
- Min
- 0.00
WDAY
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- WDAY
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 0.91 |
| Debt / Equity (MRQ) | 0.26 | 0.58 |
| Net Debt / EBITDA | -0.50 | 0.23 |
Dividends
Dividend Yield (TTM)
Neither Manhattan Associates (MANH) nor Workday (WDAY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
MANH
Software & Services industry group
0.00%
- MANH
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDAY
Software & Services industry group
0.00%
- WDAY
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Manhattan Associates (MANH) nor Workday (WDAY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
MANH
Software & Services industry group
0.00%
- MANH
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDAY
Software & Services industry group
0.00%
- WDAY
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MANH | WDAY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Workday (WDAY) at 39.29 is near its industry’s usual P/E ratio, while Manhattan Associates (MANH) at 70.81 sits in the richer quartile — MANH needs stronger growth or earnings quality to justify the premium.
MANH
Software & Services industry group
70.81
- Max
- 112.94
- MANH
- 70.81
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
WDAY
Software & Services industry group
39.29
- Max
- 112.94
- Q3
- 60.32
- WDAY
- 39.29
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Workday (WDAY) at 4.58 is priced about in line with its industry on P/S ratio, while Manhattan Associates (MANH) at 12.69 sits in the pricier quartile — MANH costs more per dollar of sales.
MANH
Software & Services industry group
12.69
- Max
- 17.91
- MANH
- 12.69
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
WDAY
Software & Services industry group
4.58
- Max
- 17.91
- Q3
- 8.78
- WDAY
- 4.58
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Workday (WDAY) at 7.20 sits near its industry’s typical P/B ratio, while Manhattan Associates (MANH) at 73.12 prices above its benchmark range — MANH looks rich relative to book.
MANH
Software & Services industry group
73.12
- MANH
- 73.12
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
WDAY
Software & Services industry group
7.20
- Max
- 16.63
- Q3
- 8.50
- WDAY
- 7.20
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | MANH | WDAY |
|---|---|---|
| P/E Ratio (TTM) | 70.81 | 39.29 |
| P/S Ratio (TTM) | 12.69 | 4.58 |
| P/B Ratio (MRQ) | 73.12 | 7.20 |
| Free Cash Flow Yield (TTM) | 2.21% | 6.55% |