Manhattan Associates, Inc. (MANH) vs Walmart Inc. (WMT)

A side-by-side comparison of Manhattan Associates, Inc. and Walmart 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: MANH is classified in Technology; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnMANH vs WMT

growth of $100 · dividends reinvested · last 10y
MANH +264.3% (+13.8%/yr)WMT +420.4% (+17.9%/yr)WMT compounded faster over this window
200400600Start $10020182020202220242026$364$520
MANH WMT

MANH vs WMT: by the numbers

  • WMT is the larger company ($852.71B vs $11.77B market cap).
  • WMT trades at the lower trailing earnings multiple (38.68 vs 57.83 P/E), one valuation lens rather than an overall verdict.
  • MANH converts more revenue to profit (18.67% vs 3.00% net margin).
  • MANH grew revenue faster over the past five years (12.69% vs 5.38% CAGR).
  • WMT pays a dividend (0.92% yield), while MANH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricMANHWMT
P/E ratio57.8338.68
Forward P/E36.7137.07
P/S ratio10.451.16
P/B ratio74.718.68
EV / EBITDA41.4519.31
FCF yield3.39%1.58%

Profitability

MetricMANHWMT
Gross margin54.65%25.23%
Operating margin24.33%4.39%
Net margin18.67%3.00%
ROE133.48%22.47%
ROIC90.92%12.89%

Dividends

MetricMANHWMT
Dividend yieldN/A0.92%
Payout ratioN/A35.29%

Growth (annualized)

MetricMANHWMT
Revenue CAGR (5Y)12.69%5.38%
EPS CAGR (5Y)21.59%10.95%
FCF CAGR (5Y)19.51%-5.40%
Total return CAGR (5Y)4.78%18.21%

Frequently asked

Which has the lower trailing P/E, MANH or WMT?
WMT has the lower trailing P/E: MANH trades at 57.83 and WMT at 38.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MANH or WMT?
Over the past five years, MANH grew revenue faster — MANH at a 12.69% CAGR versus WMT at 5.38%.
Does MANH or WMT pay a bigger dividend?
WMT pays a dividend (0.92% yield), while MANH has no payments in the available dividend history.
Is MANH or WMT more profitable?
MANH runs the higher net margin — MANH at 18.67% versus WMT at 3.00%.
How have MANH and WMT total returns compared?
Over the past 10 years, MANH delivered 13.30% and WMT delivered 18.23% 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.