Manhattan Associates (MANH) vs Tyler Technologies (TYL)
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 Tyler Technologies (TYL) over the past year, losing 1.0% versus a loss of 36.0%. Over five years, MANH leads with a +27.5% price change compared with -34.2% for TYL. Tyler Technologies is the larger company by market cap ($13.45 billion vs $12.02 billion), about 1.1 times the size.
On valuation, Tyler Technologies trades at a lower forward P/E (21.4x vs 33.6x for Manhattan Associates). Manhattan Associates converts more of its revenue into profit, with a net margin of 20.3% versus 13.5%.
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 | MANH | TYL |
|---|---|---|
| Share price | $206.11 | $328.55 |
| Market cap | $12.02B | $13.45B |
| 1-day change | -0.33% | -0.79% |
| YTD return | +19.31% | -27.05% |
| 1-year return | -1.01% | -36.02% |
| 5-year return | +27.48% | -34.24% |
| P/E ratio (TTM) | 59.23 | 43.23 |
| Forward P/E | 33.55 | 21.44 |
| EPS (TTM) | $3.48 | $7.60 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.08B | $2.33B |
| Revenue growth (YoY) | +3.75% | +9.10% |
| Net income (latest FY) | $219.95M | $315.60M |
| Gross margin | 56.32% | 46.46% |
| Operating margin | 25.87% | 15.34% |
| Net margin | 20.34% | 13.53% |
| 52-week high | $227.03 | $524.43 |
| 52-week low | $119.06 | $270.71 |
| Distance from 52-week high | -9.22% | -37.35% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +7.08% | +28.60% |
| Average volume | 762.61K | 824.07K |
| Shares outstanding | 58.30M | 40.95M |
| Employees | 4,100 | 7,879 |
| 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 TYL by 35.0 percentage points over the past year.
- Manhattan Associates trades at a higher earnings multiple (59.2x vs 43.2x trailing P/E).
- Manhattan Associates is more profitable, keeping 20.3 cents of every revenue dollar as net income versus 13.5 cents for Tyler Technologies.
- Tyler Technologies grew revenue faster in its latest fiscal year (+9.10% vs +3.75%).
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
About Tyler Technologies
TYL stock →Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States.
Technology · Computer Software: Prepackaged Software · 7,879 employees
MANH vs TYL FAQ
Which is bigger, Manhattan Associates or Tyler Technologies?
Tyler Technologies (TYL) is larger, with a market capitalization of $13.45B compared with $12.02B for Manhattan Associates (MANH).
Which stock has performed better over the past year, MANH or TYL?
MANH returned -1.01% over the past 12 months, compared with -36.02% for TYL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MANH or TYL?
TYL has the lower trailing P/E at 43.2, versus 59.2 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.
Are Manhattan Associates and Tyler Technologies in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.