Fastenal Company (FAST) vs Manhattan Associates, Inc. (MANH)

A side-by-side comparison of Fastenal Company 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.

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

Total returnFAST vs MANH

growth of $100 · dividends reinvested · last 10y
FAST +502.5% (+19.7%/yr)MANH +249.4% (+13.3%/yr)FAST compounded faster over this window
200400600Start $10020182020202220242026$603$349
FAST MANH

FAST vs MANH: by the numbers

  • FAST is the larger company ($56.59B vs $11.77B market cap).
  • FAST trades at the lower trailing earnings multiple (41.80 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • MANH converts more revenue to profit (18.67% vs 15.45% net margin).
  • MANH grew revenue faster over the past five years (12.69% vs 8.96% CAGR).
  • FAST pays a dividend (1.96% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFASTMANH
P/E ratio41.8057.83
Forward P/E38.9436.71
P/S ratio6.4710.45
P/B ratio13.9174.71
EV / EBITDA29.0741.45
FCF yield1.82%3.39%

Profitability

MetricFASTMANH
Gross margin44.70%54.65%
Operating margin20.29%24.33%
Net margin15.45%18.67%
ROE33.23%133.48%
ROIC30.16%90.92%

Dividends

MetricFASTMANH
Dividend yield1.96%N/A
Payout ratio81.36%N/A

Growth (annualized)

MetricFASTMANH
Revenue CAGR (5Y)8.96%12.69%
EPS CAGR (5Y)7.96%21.59%
FCF CAGR (5Y)2.54%19.51%
Total return CAGR (5Y)15.59%4.78%

Frequently asked

Which has the lower trailing P/E, FAST or MANH?
FAST has the lower trailing P/E: FAST trades at 41.80 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, FAST or MANH?
Over the past five years, MANH grew revenue faster — FAST at a 8.96% CAGR versus MANH at 12.69%.
Does FAST or MANH pay a bigger dividend?
FAST pays a dividend (1.96% yield), while MANH has no payments in the available dividend history.
Is FAST or MANH more profitable?
MANH runs the higher net margin — FAST at 15.45% versus MANH at 18.67%.
How have FAST and MANH total returns compared?
Over the past 10 years, FAST delivered 20.13% 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 11, 2026.