Blackbaud vs Manhattan Associates
Blackbaud and Manhattan Associates are similar in size: $1.13bn and $1.08bn of revenue in their latest fiscal years. Manhattan Associates grew faster (3.7% against -2.3%). Manhattan Associates kept more of each dollar of sales as profit: a net margin of 20.3% against 10.2%.
| Latest fiscal year | BlackbaudBLKB, 2025 | Manhattan AssociatesMANH, 2025 |
|---|---|---|
| Revenue | $1.13bn | $1.08bn |
| Revenue growth | -2.3% | 3.7% |
| Net income | $115m | $220m |
| Operating margin | — | — |
| Net margin | 10.2% | 20.3% |
| Return on equity | 108.5% | 71.7% |
| Free cash flow | $258m | $374m |
| Cash | $38.9m | $329m |
| Total debt | $1.11bn | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $217m | $315m |
| Employees | — | 4,370 |
| Market value | $2.46bn | $14.92bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 33 (Weak) | 74 (Strong) |
| Insider trades, 12 months | 0 buys, 22 sales | 0 buys, 6 sales |