Expeditors International of Washington, Inc. (EXPD) vs Manhattan Associates, Inc. (MANH)
A side-by-side comparison of Expeditors International of Washington, Inc. and Manhattan Associates, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: EXPD is classified in Industrials; MANH is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
EXPD
Expeditors International of Washington, Inc.
$192.60IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT
MANH
Manhattan Associates, Inc.
$201.82TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — EXPD vs MANH
growth of $100 · dividends reinvested · last 10yEXPD +315.8% (+15.3%/yr)MANH +249.4% (+13.3%/yr)EXPD compounded faster over this window
EXPD MANH
EXPD vs MANH: by the numbers
- •EXPD is the larger company ($25.19B vs $11.77B market cap).
- •EXPD trades at the lower trailing earnings multiple (28.03 vs 57.83 P/E), one valuation lens rather than an overall verdict.
- •MANH converts more revenue to profit (18.67% vs 7.64% net margin).
- •MANH grew revenue faster over the past five years (12.69% vs 2.92% CAGR).
- •EXPD pays a dividend (0.83% yield), while MANH has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | EXPD | MANH |
|---|---|---|
| P/E ratio | 28.03 | 57.83 |
| Forward P/E | 24.97 | 36.71 |
| P/S ratio | 2.09 | 10.45 |
| P/B ratio | 11.89 | 74.71 |
| EV / EBITDA | 19.97 | 41.45 |
| FCF yield | 3.67% | 3.39% |
Profitability
| Metric | EXPD | MANH |
|---|---|---|
| Gross margin | 15.31% | 54.65% |
| Operating margin | 9.83% | 24.33% |
| Net margin | 7.64% | 18.67% |
| ROE | 43.39% | 133.48% |
| ROIC | 34.54% | 90.92% |
Dividends
| Metric | EXPD | MANH |
|---|---|---|
| Dividend yield | 0.83% | N/A |
| Payout ratio | 23.00% | N/A |
Growth (annualized)
| Metric | EXPD | MANH |
|---|---|---|
| Revenue CAGR (5Y) | 2.92% | 12.69% |
| EPS CAGR (5Y) | 7.60% | 21.59% |
| FCF CAGR (5Y) | 7.11% | 19.51% |
| Total return CAGR (5Y) | 9.79% | 4.78% |
Frequently asked
- Which has the lower trailing P/E, EXPD or MANH?
- EXPD has the lower trailing P/E: EXPD trades at 28.03 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, EXPD or MANH?
- Over the past five years, MANH grew revenue faster — EXPD at a 2.92% CAGR versus MANH at 12.69%.
- Does EXPD or MANH pay a bigger dividend?
- EXPD pays a dividend (0.83% yield), while MANH has no payments in the available dividend history.
- Is EXPD or MANH more profitable?
- MANH runs the higher net margin — EXPD at 7.64% versus MANH at 18.67%.
- How have EXPD and MANH total returns compared?
- Over the past 10 years, EXPD delivered 15.52% and MANH delivered 13.30% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Expeditors International of Washington P/E ratioManhattan Associates P/E ratioExpeditors International of Washington dividend yieldExpeditors International of Washington ROEManhattan Associates ROEExpeditors International of Washington operating marginManhattan Associates operating marginExpeditors International of Washington revenue growthManhattan Associates revenue growthExpeditors International of Washington free cash flowManhattan Associates free cash flow
Expeditors International of Washington & 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 11, 2026.