Booking Holdings Inc. (BKNG) vs Manhattan Associates, Inc. (MANH)

A side-by-side comparison of Booking Holdings Inc. 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.

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Different business models: BKNG is classified in Consumer Cyclical; MANH is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnBKNG vs MANH

growth of $100 · dividends reinvested · last 10y
BKNG +204.8% (+11.8%/yr)MANH +233.0% (+12.8%/yr)MANH compounded faster over this window
100200300400500Start $10020182020202220242026$305$333
BKNG MANH

BKNG vs MANH: by the numbers

  • BKNG is the larger company ($134.77B vs $11.77B market cap).
  • BKNG trades at the lower trailing earnings multiple (19.29 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • BKNG converts more revenue to profit (25.53% vs 18.67% net margin).
  • BKNG grew revenue faster over the past five years (31.52% vs 12.69% CAGR).
  • BKNG pays a dividend (0.92% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricBKNGMANH
P/E ratio19.2957.83
Forward P/E16.6436.71
P/S ratio4.7710.45
P/B ratioN/A74.71
EV / EBITDA13.3041.45
FCF yield7.08%3.39%

Profitability

MetricBKNGMANH
Gross margin100.00%54.65%
Operating margin34.49%24.33%
Net margin25.53%18.67%
ROEN/A133.48%
ROIC71.23%90.92%

Dividends

MetricBKNGMANH
Dividend yield0.92%N/A
Payout ratio17.83%N/A

Growth (annualized)

MetricBKNGMANH
Revenue CAGR (5Y)31.52%12.69%
EPS CAGR (5Y)158.62%21.59%
FCF CAGR (5Y)56.15%19.51%
Total return CAGR (5Y)14.07%4.78%

Frequently asked

Which has the lower trailing P/E, BKNG or MANH?
BKNG has the lower trailing P/E: BKNG trades at 19.29 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, BKNG or MANH?
Over the past five years, BKNG grew revenue faster — BKNG at a 31.52% CAGR versus MANH at 12.69%.
Does BKNG or MANH pay a bigger dividend?
BKNG pays a dividend (0.92% yield), while MANH has no payments in the available dividend history.
Is BKNG or MANH more profitable?
BKNG runs the higher net margin — BKNG at 25.53% versus MANH at 18.67%.
How have BKNG and MANH total returns compared?
Over the past 10 years, BKNG delivered 12.15% and MANH delivered 13.30% annualized total return. Past performance doesn't predict future results.

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.