Manhattan Associates Inc (MANH)

Return on total capital

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 278,132 274,790 268,475 261,596 260,640 238,998 221,293 210,748 195,721 179,043 165,813 152,700 135,138 140,776 142,880 134,333 135,387 127,955 115,290 114,061
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 309,216 278,759 245,095 299,126 277,951 240,629 239,607 278,278 210,105 170,550 181,072 226,800 198,134 208,735 217,136 250,644 238,627 212,450 204,660 218,897
Return on total capital 89.95% 98.58% 109.54% 87.45% 93.77% 99.32% 92.36% 75.73% 93.15% 104.98% 91.57% 67.33% 68.21% 67.44% 65.80% 53.60% 56.74% 60.23% 56.33% 52.11%

September 30, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $278,132K ÷ ($—K + $309,216K)
= 89.95%