Manhattan Associates Inc (MANH)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 261,596 209,881 152,700 134,333 114,061
Revenue US$ in thousands 1,048,890 932,692 769,284 664,197 585,552
Operating profit margin 24.94% 22.50% 19.85% 20.22% 19.48%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $261,596K ÷ $1,048,890K
= 24.94%

Based on the provided data, Manhattan Associates Inc's operating profit margin has shown a consistent upward trend over the past five years. The operating profit margin increased from 19.48% as of December 31, 2020, to 24.94% as of December 31, 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in improved profitability over time.

The average operating profit margin for the period is approximately 21.40%, highlighting the company's ability to generate profits from its core business operations. The significant increase in operating profit margin from 2020 to 2024 suggests improved operational efficiency, cost control, and potentially higher sales volumes or pricing power.

Overall, Manhattan Associates Inc's operating profit margin trend reflects a positive financial performance, showcasing the company's ability to effectively convert revenue into profits through efficient cost management and operational strategies. This sustained improvement bodes well for the company's financial health and potential future growth.