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MANH vs. ANET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MANH and ANET is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

MANH vs. ANET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manhattan Associates, Inc. (MANH) and Arista Networks, Inc. (ANET). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%December2025FebruaryMarchAprilMay
444.31%
2,438.76%
MANH
ANET

Key characteristics

Sharpe Ratio

MANH:

-0.28

ANET:

0.38

Sortino Ratio

MANH:

-0.06

ANET:

0.92

Omega Ratio

MANH:

0.99

ANET:

1.14

Calmar Ratio

MANH:

-0.23

ANET:

0.50

Martin Ratio

MANH:

-0.53

ANET:

1.34

Ulcer Index

MANH:

23.40%

ANET:

18.80%

Daily Std Dev

MANH:

46.03%

ANET:

53.06%

Max Drawdown

MANH:

-87.04%

ANET:

-52.20%

Current Drawdown

MANH:

-39.68%

ANET:

-32.78%

Fundamentals

Market Cap

MANH:

$11.17B

ANET:

$114.29B

EPS

MANH:

$3.50

ANET:

$2.23

PE Ratio

MANH:

52.57

ANET:

40.82

PEG Ratio

MANH:

3.30

ANET:

2.42

PS Ratio

MANH:

10.63

ANET:

16.20

PB Ratio

MANH:

45.43

ANET:

11.35

Total Revenue (TTM)

MANH:

$1.05B

ANET:

$5.43B

Gross Profit (TTM)

MANH:

$584.33M

ANET:

$3.49B

EBITDA (TTM)

MANH:

$276.42M

ANET:

$2.33B

Returns By Period

In the year-to-date period, MANH achieves a -30.85% return, which is significantly lower than ANET's -21.04% return. Over the past 10 years, MANH has underperformed ANET with an annualized return of 13.44%, while ANET has yielded a comparatively higher 35.45% annualized return.


MANH

YTD

-30.85%

1M

29.85%

6M

-34.13%

1Y

-12.93%

5Y*

19.54%

10Y*

13.44%

ANET

YTD

-21.04%

1M

25.57%

6M

-19.01%

1Y

19.68%

5Y*

45.15%

10Y*

35.45%

*Annualized

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Risk-Adjusted Performance

MANH vs. ANET — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MANH
The Risk-Adjusted Performance Rank of MANH is 3737
Overall Rank
The Sharpe Ratio Rank of MANH is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of MANH is 3636
Sortino Ratio Rank
The Omega Ratio Rank of MANH is 3535
Omega Ratio Rank
The Calmar Ratio Rank of MANH is 3737
Calmar Ratio Rank
The Martin Ratio Rank of MANH is 4141
Martin Ratio Rank

ANET
The Risk-Adjusted Performance Rank of ANET is 6868
Overall Rank
The Sharpe Ratio Rank of ANET is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of ANET is 6464
Sortino Ratio Rank
The Omega Ratio Rank of ANET is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ANET is 7373
Calmar Ratio Rank
The Martin Ratio Rank of ANET is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MANH vs. ANET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Manhattan Associates, Inc. (MANH) and Arista Networks, Inc. (ANET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current MANH Sharpe Ratio is -0.28, which is lower than the ANET Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of MANH and ANET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.28
0.38
MANH
ANET

Dividends

MANH vs. ANET - Dividend Comparison

Neither MANH nor ANET has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

MANH vs. ANET - Drawdown Comparison

The maximum MANH drawdown since its inception was -87.04%, which is greater than ANET's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for MANH and ANET. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-39.68%
-32.78%
MANH
ANET

Volatility

MANH vs. ANET - Volatility Comparison

Manhattan Associates, Inc. (MANH) and Arista Networks, Inc. (ANET) have volatilities of 16.87% and 16.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%December2025FebruaryMarchAprilMay
16.87%
16.61%
MANH
ANET

Financials

MANH vs. ANET - Financials Comparison

This section allows you to compare key financial metrics between Manhattan Associates, Inc. and Arista Networks, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00B20212022202320242025
262.79M
1.93B
(MANH) Total Revenue
(ANET) Total Revenue
Values in USD except per share items

MANH vs. ANET - Profitability Comparison

The chart below illustrates the profitability comparison between Manhattan Associates, Inc. and Arista Networks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

52.0%54.0%56.0%58.0%60.0%62.0%64.0%20212022202320242025
56.4%
63.8%
(MANH) Gross Margin
(ANET) Gross Margin
MANH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Manhattan Associates, Inc. reported a gross profit of 148.22M and revenue of 262.79M. Therefore, the gross margin over that period was 56.4%.

ANET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported a gross profit of 1.23B and revenue of 1.93B. Therefore, the gross margin over that period was 63.8%.

MANH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Manhattan Associates, Inc. reported an operating income of 63.17M and revenue of 262.79M, resulting in an operating margin of 24.0%.

ANET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported an operating income of 799.65M and revenue of 1.93B, resulting in an operating margin of 41.4%.

MANH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Manhattan Associates, Inc. reported a net income of 52.58M and revenue of 262.79M, resulting in a net margin of 20.0%.

ANET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Arista Networks, Inc. reported a net income of 801.00M and revenue of 1.93B, resulting in a net margin of 41.5%.