Manhattan Associates Inc (MANH)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	406,240	400,361	377,463	356,024	340,443	316,395	295,999	279,093	264,318	246,788	246,423	243,816	231,968	294,015	283,665	267,718	266,292	269,406	271,587	274,543
Revenue (ttm)	US$ in thousands	1,049,306	1,029,374	1,001,134	966,832	932,473	886,637	846,297	807,205	766,825	740,588	711,672	685,862	663,650	639,619	620,191	589,707	587,495	593,342	605,860	624,571
Gross profit margin		38.72%	38.89%	37.70%	36.82%	36.51%	35.68%	34.98%	34.58%	34.47%	33.32%	34.63%	35.55%	34.95%	45.97%	45.74%	45.40%	45.33%	45.40%	44.83%	43.96%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $406,240K ÷ $1,049,306K
= 38.72%

Manhattan Associates Inc's gross profit margin has displayed fluctuations over the past few years, ranging from a high of 45.97% in September 2021 to a low of 33.32% in September 2022. The trend in the gross profit margin appears to have been relatively stable in the mid-40% range during the first half of the data period, with a slight upward trajectory. However, there was a noticeable decline in the latter half of the period, dropping to around 34-39%.

It is essential to note that the gross profit margin is a key indicator of a company's operational efficiency and pricing strategy. A higher gross profit margin typically indicates that a company is effectively managing its production costs and pricing its products competitively. Conversely, a declining gross profit margin may suggest increasing production costs or pricing pressures.

Manhattan Associates Inc's management may need to closely monitor the factors impacting the gross profit margin, such as cost control measures, pricing strategies, and changes in input costs, to ensure sustained profitability and competitiveness in the market.