Manhattan Associates Inc (MANH)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 261,596 | 209,881 | 152,700 | 134,333 | 114,061 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 299,126 | 278,278 | 226,800 | 250,644 | 218,897 |
| Return on total capital | 87.45% | 75.42% | 67.33% | 53.60% | 52.11% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $261,596K ÷ ($—K + $299,126K)
= 87.45%
The return on total capital for Manhattan Associates Inc has exhibited a consistent upward trend over the past five years, starting at 52.11% as of December 31, 2020, and steadily increasing to 87.45% by December 31, 2024. This indicates that the company has been effectively utilizing its total capital to generate profits. The significant improvement in return on total capital from 2020 to 2024, reaching 87.45%, suggests that Manhattan Associates Inc has been successful in optimizing its capital structure and deploying capital efficiently to maximize returns for its shareholders.
Peer comparison
Dec 31, 2024