Bentley Systems (BSY) vs Manhattan Associates (MANH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Manhattan Associates (MANH) has outperformed Bentley Systems (BSY) over the past year, losing 1.0% versus a loss of 31.6%. Over five years, MANH leads with a +27.5% price change compared with -39.4% for BSY. Manhattan Associates is the larger company by market cap ($12.06 billion vs $10.52 billion), about 1.1 times the size, while Bentley Systems is growing revenue faster (+11.0% vs +3.7%).
On valuation, Bentley Systems trades at a lower forward P/E (22.1x vs 33.7x for Manhattan Associates). Bentley Systems pays a dividend yielding 0.80%, while Manhattan Associates does not currently pay one. Manhattan Associates converts more of its revenue into profit, with a net margin of 20.3% versus 18.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BSY | MANH |
|---|---|---|
| Share price | $34.82 | $206.78 |
| Market cap | $10.52B | $12.06B |
| 1-day change | -0.94% | +2.31% |
| YTD return | -8.76% | +19.31% |
| 1-year return | -31.60% | -1.01% |
| 5-year return | -39.38% | +27.48% |
| P/E ratio (TTM) | 38.26 | 59.42 |
| Forward P/E | 22.05 | 33.66 |
| EPS (TTM) | $0.91 | $3.48 |
| Dividend yield | 0.80% | 0.00% |
| Annual dividend | $0.28 | $0.00 |
| Revenue (latest FY) | $1.50B | $1.08B |
| Revenue growth (YoY) | +10.99% | +3.75% |
| Net income (latest FY) | $277.86M | $219.95M |
| Gross margin | 81.52% | 56.32% |
| Operating margin | 24.15% | 25.87% |
| Net margin | 18.50% | 20.34% |
| 52-week high | $52.85 | $227.03 |
| 52-week low | $28.08 | $119.06 |
| Distance from 52-week high | -34.12% | -8.92% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +26.16% | +6.73% |
| Average volume | 2.61M | 766.54K |
| Shares outstanding | 290.58M | 58.30M |
| Employees | 5,800 | 4,100 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MANH has outperformed BSY by 30.6 percentage points over the past year.
- Manhattan Associates trades at a higher earnings multiple (59.4x vs 38.3x trailing P/E).
- Bentley Systems grew revenue faster in its latest fiscal year (+10.99% vs +3.75%).
About Bentley Systems
BSY stock →Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers open modeling applications, such as MicroStation, OpenBridge, OpenBuildings, OpenFlows, OpenPlant, OpenRail, OpenRoads, OpenSite and OpenSite+, OpenTower, OpenTunnel, and OpenUtilities; and open simulation applications, including ADINA, AutoPIPE, LEGION, OpenPaths, Power Line Systems, RAM, SACS, SPIDA, and STAAD; and geoprofessional applications for modeling and simulation of near and deep subsurface conditions, including AGS, Central, GeoStudio, Imago, Leapfrog, MX Deposit, Oasis montaj, OpenGround, and PLAXIS.
Technology · Computer Software: Prepackaged Software · 5,800 employees
About Manhattan Associates
MANH stock →Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations.
Technology · Computer Software: Prepackaged Software · 4,100 employees
BSY vs MANH FAQ
Which is bigger, Bentley Systems or Manhattan Associates?
Manhattan Associates (MANH) is larger, with a market capitalization of $12.06B compared with $10.52B for Bentley Systems (BSY).
Which stock has performed better over the past year, BSY or MANH?
MANH returned -1.01% over the past 12 months, compared with -31.60% for BSY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BSY or MANH?
BSY has the lower trailing P/E at 38.3, versus 59.4 for MANH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bentley Systems or Manhattan Associates?
Bentley Systems pays a dividend yielding 0.80%, while Manhattan Associates does not currently pay a regular dividend.
Are Bentley Systems and Manhattan Associates in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.