Mastercard Incorporated (MA) vs Manhattan Associates, Inc. (MANH)

A side-by-side comparison of Mastercard Incorporated 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: MA is classified in Financial Services; MANH is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnMA vs MANH

growth of $100 · dividends reinvested · last 10y
MA +498.8% (+19.6%/yr)MANH +233.0% (+12.8%/yr)MA compounded faster over this window
200400600Start $10020182020202220242026$599$333
MA MANH

MA vs MANH: by the numbers

  • MA is the larger company ($499.20B vs $11.77B market cap).
  • MA trades at the lower trailing earnings multiple (31.31 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • MA converts more revenue to profit (46.34% vs 18.67% net margin).
  • MA grew revenue faster over the past five years (16.09% vs 12.69% CAGR).
  • MA pays a dividend (0.60% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricMAMANH
P/E ratio31.3157.83
Forward P/E28.5236.71
P/S ratio14.2310.45
P/B ratio88.9774.71
EV / EBITDAN/A41.45
FCF yieldN/A3.39%

Profitability

MetricMAMANH
Gross margin100.00%54.65%
Operating margin59.84%24.33%
Net margin46.34%18.67%
ROE289.73%133.48%
ROICN/A90.92%

Dividends

MetricMAMANH
Dividend yield0.60%N/A
Payout ratio18.54%N/A

Growth (annualized)

MetricMAMANH
Revenue CAGR (5Y)16.09%12.69%
EPS CAGR (5Y)20.93%21.59%
FCF CAGR (5Y)N/A19.51%
Total return CAGR (5Y)10.88%4.78%

Frequently asked

Which has the lower trailing P/E, MA or MANH?
MA has the lower trailing P/E: MA trades at 31.31 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, MA or MANH?
Over the past five years, MA grew revenue faster — MA at a 16.09% CAGR versus MANH at 12.69%.
Does MA or MANH pay a bigger dividend?
MA pays a dividend (0.60% yield), while MANH has no payments in the available dividend history.
Is MA or MANH more profitable?
MA runs the higher net margin — MA at 46.34% versus MANH at 18.67%.
How have MA and MANH total returns compared?
Over the past 10 years, MA delivered 19.83% 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.