AppLovin Corporation (APP) vs Manhattan Associates, Inc. (MANH)
A side-by-side comparison of AppLovin Corporation and Manhattan Associates, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
APP
AppLovin Corporation
$323.96TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
MANH
Manhattan Associates, Inc.
$201.82TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — APP vs MANH
growth of $100 · dividends reinvested · last 5yAPP +382.3% (+37.0%/yr)MANH +75.4% (+11.9%/yr)APP compounded faster over this window
APP MANH
APP vs MANH: by the numbers
- •APP is the larger company ($108.83B vs $11.77B market cap).
- •APP trades at the lower trailing earnings multiple (24.90 vs 57.83 P/E), one valuation lens rather than an overall verdict.
- •APP converts more revenue to profit (64.58% vs 18.67% net margin).
- •APP grew revenue faster over the past five years (25.84% vs 12.69% CAGR).
Metrics side by side
Valuation
| Metric | APP | MANH |
|---|---|---|
| P/E ratio | 24.90 | 57.83 |
| Forward P/E | 20.53 | 36.71 |
| P/S ratio | 15.94 | 10.45 |
| P/B ratio | 34.41 | 74.71 |
| EV / EBITDA | 20.16 | 41.45 |
| FCF yield | 4.13% | 3.39% |
Profitability
| Metric | APP | MANH |
|---|---|---|
| Gross margin | 88.46% | 54.65% |
| Operating margin | 77.44% | 24.33% |
| Net margin | 64.58% | 18.67% |
| ROE | 139.42% | 133.48% |
| ROIC | 63.79% | 90.92% |
Growth (annualized)
| Metric | APP | MANH |
|---|---|---|
| Revenue CAGR (5Y) | 25.84% | 12.69% |
| EPS CAGR (5Y) | 73.54% | 21.59% |
| FCF CAGR (5Y) | 73.58% | 19.51% |
| Total return CAGR (5Y) | 32.38% | 4.78% |
Frequently asked
- Which has the lower trailing P/E, APP or MANH?
- APP has the lower trailing P/E: APP trades at 24.90 and MANH at 57.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APP or MANH?
- Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus MANH at 12.69%.
- Is APP or MANH more profitable?
- APP runs the higher net margin — APP at 64.58% versus MANH at 18.67%.
- How have APP and MANH total returns compared?
- Over the past 5 years, APP delivered 32.38% and MANH delivered 4.78% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppLovin P/E ratioManhattan Associates P/E ratioAppLovin ROEManhattan Associates ROEAppLovin operating marginManhattan Associates operating marginAppLovin revenue growthManhattan Associates revenue growthAppLovin free cash flowManhattan Associates free cash flow
AppLovin & Manhattan Associates appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.