The Descartes Systems Group Inc.(DSGX)Earnings, Financials & Key Ratios
DSGX•NASDAQ
35.3× P/E·Price updated Jun 19, 2026
AboutThe Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.Show more
- Revenue$745M+14.4%
- EBITDA$330M+28.7%
- Net Income$167M+16.8%
- EPS (Diluted)1.91+16.5%
- Gross Margin65.95%-12.8%
- EBITDA Margin44.24%+12.5%
- Operating Margin32.29%+16.1%
- Net Margin22.46%+2.1%
- ROE11.18%+2.3%
DSGX Key Insights
The Descartes Systems Group Inc. (DSGX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong 5Y profit CAGR of 26.3%
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 35.7% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 16.4%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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DSGX Price & Volume
The Descartes Systems Group Inc. (DSGX) stock price & volume — 10-year historical chart
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DSGX Growth Metrics
The Descartes Systems Group Inc. (DSGX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years14.95%
5 Years16.4%
3 Years15.3%
TTM13.28%
Profit CAGR
10 Years23.33%
5 Years26.29%
3 Years17.86%
TTM22.05%
EPS CAGR
10 Years21.61%
5 Years25.64%
3 Years17.41%
TTM21.69%
Return on Capital
10 Years9.97%
5 Years12.59%
3 Years13.6%
Last Year15.56%
DSGX Recent Earnings
The Descartes Systems Group Inc. (DSGX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (40%)●Beat Revenue 6/12 qtrs (60%)
Q3 2026Latest
Jun 3, 2026Metric
Actual
Est
EPS
$0.56+7.3%
$0.52
Rev
$198M+2.3%
$194M
Q2 2026
May 5, 2026Metric
Actual
Est
EPS
$0.54-12.9%
$0.62
Rev
$196M-6.1%
$209M
Q2 2026
Mar 11, 2026Metric
Actual
Est
EPS
$0.52+4.8%
$0.50
Rev
$193M+0.6%
$192M
Q4 2025
Dec 3, 2025Metric
Actual
Est
EPS
$0.50+8.7%
$0.46
Rev
$187M+1.8%
$183M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 3, 2026 | $0.56vs $0.52+7.3% | $198Mvs $194M+2.3% |
| Q2 2026 | May 5, 2026 | $0.54vs $0.62-12.9% | $196Mvs $209M-6.1% |
| Q2 2026 | Mar 11, 2026 | $0.52vs $0.50+4.8% | $193Mvs $192M+0.6% |
| Q4 2025 | Dec 3, 2025 | $0.50vs $0.46+8.7% | $187Mvs $183M+1.8% |
Based on last 12 quarters of dataView full earnings history →
DSGX Peer Comparison
The Descartes Systems Group Inc. (DSGX) competitors in Vertical industry SaaS applications — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SAIA | 11.6B | 435.12 | 45.71 | 0.79% | 7.84% | 10.04% | 0.16 | |
 GTLS | 9.96B | 207.99 | 630.27 | 2.49% | -0.63% | -0.78% | 1.11 | |
 PCTY | 5.41B | 101.06 | 25.14 | 13.74% | 14.94% | 22.36% | 0.18 | |
 PRGS | 1.26B | 29.68 | 17.88 | 29.79% | 7.48% | 15.29% | 1.78 | |
 EVTC | 1.58B | 25.72 | 11.69 | 10.21% | 13.95% | 18.65% | 1.58 | |
 NCNO | 1.62B | 14.80 | 296 | 10.01% | 2.17% | 1.27% | 0.26 | |
 CEVA | 1.39B | 49.72 | -113 | 2.49% | -10.47% | -3.89% | 0.09 | |
 TRMK | 2.63B | 44.67 | 12.07 | 34.75% | 19.32% | 10.77% | 0.53 |
Compare DSGX vs Peers
The Descartes Systems Group Inc. (DSGX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DSGX Income Statement
The Descartes Systems Group Inc. (DSGX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 237.44M | 275.17M | 325.79M | 348.66M | 424.69M | 486.01M | 572.93M | 651M | 744.99M | 757.13M |
Revenue Growth % | 16.52% | 15.89% | 18.4% | 7.02% | 21.8% | 14.44% | 17.88% | 13.63% | 14.44% | 13.28% |
Cost of Goods Sold | 63.7M | 74.99M | 85.72M | 89.91M | 101.81M | 113.33M | 138.29M | 158.57M | 253.7M | 230.64M |
COGS % of Revenue | 26.83% | 27.25% | 26.31% | 25.79% | 23.97% | 23.32% | 24.14% | 24.36% | 34.05% | - |
Gross Profit | 173.74M▲ 0% | 200.18M▲ 15.2% | 240.07M▲ 19.9% | 258.75M▲ 7.8% | 322.88M▲ 24.8% | 372.69M▲ 15.4% | 434.64M▲ 16.6% | 492.43M▲ 13.3% | 491.29M▼ 0.2% | 526.49M▲ 0% |
Gross Margin % | 73.17% | 72.75% | 73.69% | 74.21% | 76.03% | 76.68% | 75.86% | 75.64% | 65.95% | 69.54% |
Gross Profit Growth % | 17.6% | 15.22% | 19.93% | 7.78% | 24.78% | 15.43% | 16.62% | 13.3% | -0.23% | - |
Operating Expenses | 137.85M | 158.73M | 187.81M | 187.36M | 219.45M | 242.25M | 291.79M | 311.3M | 250.72M | 285.44M |
OpEx % of Revenue | 58.06% | 57.69% | 57.65% | 53.74% | 51.67% | 49.85% | 50.93% | 47.82% | 33.65% | - |
Selling, General & Admin | 58.58M | 66.89M | 75.02M | 75.05M | 91.35M | 106.28M | 125.53M | 138.94M | 155.03M | 161.22M |
SG&A % of Revenue | 24.67% | 24.31% | 23.03% | 21.53% | 21.51% | 21.87% | 21.91% | 21.34% | 20.81% | - |
Research & Development | 41.8M | 47.87M | 53.51M | 54.07M | 62.57M | 70.35M | 84.44M | 95.5M | 107.62M | 108.09M |
R&D % of Revenue | 17.61% | 17.4% | 16.43% | 15.51% | 14.73% | 14.48% | 14.74% | 14.67% | 14.45% | - |
Other Operating Expenses | 37.47M | 43.98M | 59.28M | 58.24M | 65.53M | 65.62M | 81.81M | 76.86M | -11.93M | -1000K |
Operating Income | 35.88M▲ 0% | 41.44M▲ 15.5% | 52.26M▲ 26.1% | 71.4M▲ 36.6% | 103.43M▲ 44.9% | 130.43M▲ 26.1% | 142.85M▲ 9.5% | 181.12M▲ 26.8% | 240.57M▲ 32.8% | 241.05M▲ 0% |
Operating Margin % | 15.11% | 15.06% | 16.04% | 20.48% | 24.36% | 26.84% | 24.93% | 27.82% | 32.29% | 31.84% |
Operating Income Growth % | 16.9% | 15.49% | 26.1% | 36.62% | 44.87% | 26.1% | 9.52% | 26.79% | 32.82% | - |
EBITDA | 73.46M | 86.17M | 113.9M | 136.02M | 166.74M | 194.71M | 208.82M | 256.11M | 329.62M | 326.71M |
EBITDA Margin % | 30.94% | 31.31% | 34.96% | 39.01% | 39.26% | 40.06% | 36.45% | 39.34% | 44.24% | 43.15% |
EBITDA Growth % | 14.2% | 17.29% | 32.19% | 19.42% | 22.58% | 16.77% | 7.25% | 22.64% | 28.7% | 23.59% |
D&A (Non-Cash Add-back) | 37.58M | 44.72M | 61.64M | 64.62M | 63.3M | 64.27M | 65.97M | 74.99M | 89.04M | 85.66M |
EBIT | 36.05M | 41.64M | 52.55M | 71.56M | 102.24M | 132.56M | 152.51M | 188.59M | 240.57M | 239.01M |
Net Interest Income | -1.3M | -2.13M | -4.42M | -1.19M | -1.12M | -1.17M | -1.36M | -1M | -988.22K | -968.99K |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 1.3M | 2.13M | 4.42M | 1.19M | 1.12M | 1.17M | 1.36M | 1M | 988.22K | 968.99K |
Other Income/Expense | -1.14M | -1.93M | -4.22M | -1.03M | -824K | 3.29M | 8.3M | 10.51M | -18.72M | -5.52M |
Pretax Income | 34.75M▲ 0% | 39.51M▲ 13.7% | 48.03M▲ 21.6% | 70.37M▲ 46.5% | 102.61M▲ 45.8% | 133.73M▲ 30.3% | 151.15M▲ 13.0% | 191.63M▲ 26.8% | 221.85M▲ 15.8% | 235.53M▲ 0% |
Pretax Margin % | 14.63% | 14.36% | 14.74% | 20.18% | 24.16% | 27.52% | 26.38% | 29.44% | 29.78% | 31.11% |
Income Tax | 7.87M | 8.23M | 11.04M | 18.27M | 16.33M | 31.49M | 35.24M | 48.36M | 54.49M | 58.73M |
Effective Tax Rate % | 22.65% | 20.84% | 22.98% | 25.96% | 15.91% | 23.55% | 23.32% | 25.24% | 24.56% | 24.94% |
Net Income | 26.88M▲ 0% | 31.28M▲ 16.4% | 37M▲ 18.3% | 52.1M▲ 40.8% | 86.28M▲ 65.6% | 102.24M▲ 18.5% | 115.91M▲ 13.4% | 143.27M▲ 23.6% | 167.36M▲ 16.8% | 176.8M▲ 0% |
Net Margin % | 11.32% | 11.37% | 11.36% | 14.94% | 20.32% | 21.04% | 20.23% | 22.01% | 22.46% | 23.35% |
Net Income Growth % | 12.76% | 16.36% | 18.29% | 40.82% | 65.61% | 18.49% | 13.37% | 23.61% | 16.81% | 22.05% |
Net Income (Continuing) | 26.88M | 31.28M | 37M | 52.1M | 86.28M | 102.24M | 115.91M | 143.27M | 167.36M | 176.8M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 0.35▲ 0% | 0.40▲ 14.3% | 0.45▲ 12.5% | 0.61▲ 35.6% | 1.00▲ 63.9% | 1.18▲ 18.0% | 1.34▲ 13.6% | 1.64▲ 22.4% | 1.91▲ 16.5% | 2.02▲ 0% |
EPS Growth % | 12.9% | 14.29% | 12.5% | 35.56% | 63.93% | 18% | 13.56% | 22.39% | 16.46% | 21.69% |
EPS (Basic) | 0.35 | 0.41 | 0.45 | 0.62 | 1.02 | 1.21 | 1.36 | 1.68 | 1.95 | - |
Diluted Shares Outstanding | 77.11M | 77.79M | 82.87M | 85.76M | 86.2M | 86.45M | 86.82M | 87.32M | 87.58M | 87.39M |
Basic Shares Outstanding | 76.32M | 76.83M | 81.66M | 84.36M | 84.59M | 84.79M | 85.07M | 85.44M | 85.87M | 86.02M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
DSGX Balance Sheet
The Descartes Systems Group Inc. (DSGX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 74.85M | 72.24M | 100.21M | 203.06M | 292.06M | 358.65M | 418.18M | 352.57M | 479.08M | 503.14M |
Cash & Short-Term Investments | 35.15M | 27.3M | 44.4M | 133.66M | 213.44M | 276.38M | 320.95M | 236.14M | 354.32M | 377.49M |
Cash Only | 35.15M | 27.3M | 44.4M | 133.66M | 213.44M | 276.38M | 320.95M | 236.14M | 354.32M | 377.49M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 31.96M | 35.82M | 42.41M | 52.04M | 41.7M | 45.17M | 63.76M | 70.88M | 90.66M | 91.15M |
Days Sales Outstanding | 49.13 | 47.52 | 47.52 | 54.47 | 35.84 | 33.93 | 40.62 | 39.74 | 44.42 | 42.15 |
Inventory | 123K | 95K | 411K | 429K | 868K | 759K | 0 | 712.46K | 100.37K | 251.34K |
Days Inventory Outstanding | 0.7 | 0.46 | 1.75 | 1.74 | 3.11 | 2.44 | - | 1.64 | 0.14 | 0.22 |
Other Current Assets | 0 | 0 | 0 | 0 | 14.07M | 11.66M | 33.47M | 26.44M | 9.7M | 8.82M |
Total Non-Current Assets | 550.03M | 581.09M | 842.38M | 860.19M | 893.37M | 957.39M | 1.06B | 1.29B | 1.4B | 1.42B |
Property, Plant & Equipment | 12.8M | 12.61M | 26.61M | 24.25M | 21.39M | 18.21M | 17.81M | 20.1M | 21.55M | 22.33M |
Fixed Asset Turnover | 18.55x | 21.82x | 12.24x | 14.38x | 19.86x | 26.69x | 32.17x | 32.38x | 34.58x | 35.70x |
Goodwill | 350.15M | 378.18M | 523.69M | 565.18M | 608.76M | 675.65M | 760.41M | 924.75M | 1.02B | 1.04B |
Intangible Assets | 178M | 176.19M | 256.96M | 239.99M | 229.61M | 229.81M | 251.05M | 321.27M | 330.01M | 328.5M |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 249.51M | 0 | 0 | 0 |
Other Non-Current Assets | 3.97M | 10.51M | 13.52M | 15.55M | 18.65M | 22.25M | -222.68M | 24.9M | 27.18M | 27.91M |
Total Assets | 624.88M▲ 0% | 653.33M▲ 4.6% | 942.59M▲ 44.3% | 1.06B▲ 12.8% | 1.19B▲ 11.5% | 1.32B▲ 11.0% | 1.47B▲ 12.0% | 1.65B▲ 11.7% | 1.88B▲ 14.4% | 1.92B▲ 0% |
Asset Turnover | 0.38x | 0.42x | 0.35x | 0.33x | 0.36x | 0.37x | 0.39x | 0.40x | 0.40x | 0.41x |
Asset Growth % | 24.84% | 4.55% | 44.27% | 12.8% | 11.49% | 11.02% | 12.02% | 11.74% | 14.36% | 51.41% |
Total Current Liabilities | 67.69M | 70.37M | 88.94M | 104.26M | 133.43M | 169.59M | 203.63M | 217.03M | 221.84M | 245.49M |
Accounts Payable | 7.9M | 5.15M | 7.67M | 7.96M | 10.57M | 10.57M | 17.48M | 20.65M | 20.72M | 18.56M |
Days Payables Outstanding | 45.25 | 25.05 | 32.65 | 32.29 | 37.88 | 34.04 | 46.15 | 47.53 | 29.81 | 28.22 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 369.61K | 3.45M | 3.45M |
Deferred Revenue (Current) | 30.98M | 34.24M | 41.14M | 49.88M | 56.78M | 67.78M | 84M | 103.86M | 117.16M | 477.12M |
Other Current Liabilities | 17.5M | 13.08M | 13.25M | 13.05M | 5.62M | 7.54M | 43.59M | 55.11M | 31.18M | 53.06M |
Current Ratio | 1.11x | 1.03x | 1.13x | 1.95x | 2.19x | 2.11x | 2.05x | 1.62x | 2.16x | 2.05x |
Quick Ratio | 1.10x | 1.03x | 1.12x | 1.94x | 2.18x | 2.11x | 2.05x | 1.62x | 2.16x | 2.05x |
Cash Conversion Cycle | 4.59 | 22.93 | 16.62 | 23.92 | 1.07 | 2.33 | - | -6.15 | 14.75 | 14.15 |
Total Non-Current Liabilities | 58.38M | 49.46M | 31.93M | 47.92M | 52.18M | 47.06M | 32.62M | 45.35M | 53.2M | 45.78M |
Long-Term Debt | 37M | 25.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 0 | 0 | 9.48M | 8.89M | 7.38M | 3.92M | 3.9M | 4.72M | 4.86M | 18.55M |
Deferred Tax Liabilities | 11.59M | 15.51M | 15.07M | 29.39M | 35.52M | 35.4M | 21.1M | 34.13M | 41.19M | 145.45M |
Other Non-Current Liabilities | 8.66M | 7.63M | 6.47M | 8.23M | 7.35M | 6.12M | 6.15M | 5.53M | 5.98M | 6.61M |
Total Liabilities | 126.07M | 119.83M | 120.88M | 152.19M | 185.61M | 216.65M | 236.25M | 262.38M | 275.04M | 291.27M |
Total Debt | 37M | 25.46M | 13.4M | 13.06M | 11.41M | 7.32M | 6.98M | 8.27M | 8.31M | 8.14M |
Net Debt | 1.85M | -1.83M | -31M | -120.6M | -202.03M | -269.06M | -313.97M | -227.87M | -346.01M | -369.35M |
Debt / Equity | 0.07x | 0.05x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x |
Debt / EBITDA | 0.50x | 0.30x | 0.12x | 0.10x | 0.07x | 0.04x | 0.03x | 0.03x | 0.03x | 0.02x |
Net Debt / EBITDA | 0.03x | -0.02x | -0.27x | -0.89x | -1.21x | -1.38x | -1.50x | -0.89x | -1.05x | -1.13x |
Interest Coverage | 27.79x | 19.57x | 11.90x | 60.33x | 91.04x | 113.59x | 111.90x | 187.84x | 243.44x | 246.65x |
Total Equity | 498.81M▲ 0% | 533.51M▲ 7.0% | 821.71M▲ 54.0% | 911.07M▲ 10.9% | 999.82M▲ 9.7% | 1.1B▲ 10.0% | 1.24B▲ 12.6% | 1.39B▲ 11.9% | 1.61B▲ 16.2% | 1.63B▲ 0% |
Equity Growth % | 15.84% | 6.96% | 54.02% | 10.87% | 9.74% | 9.96% | 12.61% | 11.87% | 16.17% | 57.26% |
Book Value per Share | 6.47 | 6.86 | 9.92 | 10.62 | 11.60 | 12.72 | 14.26 | 15.86 | 18.37 | 18.67 |
Total Shareholders' Equity | 498.81M | 533.51M | 821.71M | 911.07M | 999.82M | 1.1B | 1.24B | 1.39B | 1.61B | 1.63B |
Common Stock | 274.54M | 276.75M | 524.15M | 531.83M | 536.3M | 538.45M | 551.16M | 568.34M | 587.08M | 595.73M |
Retained Earnings | -211.62M | -172.77M | -135.77M | -83.67M | 2.61M | 104.85M | 220.75M | 364.03M | 523.71M | 537.5M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -15.25M | -25.2M | -25.94M | -1.19M | -12.39M | -30.46M | -28.59M | -50.5M | -7.94M | -10.85M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
DSGX Cash Flow Statement
The Descartes Systems Group Inc. (DSGX) cash flow — operating, investing & free cash flow history
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 72.14M | 78.07M | 104.25M | 131.23M | 176.14M | 192.4M | 208.47M | 219.27M | 272.05M | 289.19M |
Operating CF Margin % | 30.38% | 28.37% | 32% | 37.64% | 41.47% | 39.59% | 36.39% | 33.68% | 36.52% | - |
Operating CF Growth % | -0.61% | 8.22% | 33.53% | 25.88% | 34.22% | 9.23% | 8.36% | 5.18% | 24.07% | 172.4% |
Net Income | 26.88M | 31.28M | 37M | 52.1M | 86.28M | 102.24M | 115.91M | 143.27M | 167.36M | 176.8M |
Depreciation & Amortization | 37.58M | 44.72M | 61.52M | 61.66M | 64.23M | 65.4M | 65.97M | 74.99M | 89.04M | 85.66M |
Stock-Based Compensation | 2.81M | 3.71M | 4.91M | 6.31M | 11.02M | 13.67M | 16.48M | 19.96M | 0 | 4.45M |
Deferred Taxes | 1.27M | 2.14M | 5.74M | 14.52M | 1.51M | 3.24M | -6M | 0 | 11.31M | 11.89M |
Other Non-Cash Items | -784K | 71K | 337K | 207K | 308K | 53K | 868.34K | 3.63M | 21.75M | 19.82M |
Working Capital Changes | 4.4M | -3.85M | -5.26M | -3.58M | 12.79M | 7.79M | 15.24M | -22.58M | -17.42M | -9.43M |
Change in Receivables | -1.96M | -135K | 3.73M | 143K | -2.88M | 151K | -7.28M | 1.42M | -15.1M | -13.94M |
Change in Inventory | 52K | 74K | -345K | 99K | -498K | 103K | 0 | 0 | 0 | 0 |
Change in Payables | 1.43M | -1.06M | 1.77M | -686K | 2.34M | -620K | 6.2M | 1.77M | -1.16M | -4.62M |
Cash from Investing | -116.95M | -73.18M | -296.95M | -52.16M | -95.11M | -121.63M | -148.86M | -296.95M | -160.8M | -75.11M |
Capital Expenditures | -5.09M | -5.24M | -4.9M | -3.76M | -4.83M | -6.07M | -5.56M | -6.74M | -5.86M | -6.48M |
CapEx % of Revenue | 2.14% | 1.91% | 1.5% | 1.08% | 1.14% | 1.25% | 0.97% | 1.04% | 0.79% | 0.86% |
Acquisitions | -111.87M | -67.93M | -292.05M | -48.4M | -90.28M | -115.56M | -142.7M | -290.2M | -154.95M | -68.63M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash from Financing | 38M | -11.38M | 210.17M | 5.56M | 1.52M | -4.6M | -14.76M | -3.63M | 5.16M | -14M |
Debt Issued (Net) | 37M | -10.19M | -25.62M | -1.26M | -1.07M | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | 1M | 345K | 237.97M | 6.19M | 2.66M | 1.73M | 9.31M | 11.75M | 13.5M | -7.77M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -911.57K | -21.87M |
Other Financing | 0 | -1.53M | -2.19M | 627.57K | -72K | -6.33M | -24.07M | -15.38M | -8.34M | -6.23M |
Net Change in Cash | -2.99M▲ 0% | -7.85M▼ 162.4% | 17.11M▲ 318.0% | 89.26M▲ 421.8% | 79.78M▼ 10.6% | 62.95M▼ 21.1% | 41.99M▼ 33.3% | -84.81M▼ 302.0% | 119.02M▲ 240.3% | 201.59M▲ 0% |
Free Cash Flow | 67.06M▲ 0% | 72.83M▲ 8.6% | 99.35M▲ 36.4% | 127.47M▲ 28.3% | 171.31M▲ 34.4% | 186.32M▲ 8.8% | 202.89M▲ 8.9% | 212.53M▲ 4.8% | 266.19M▲ 25.3% | 282.71M▲ 0% |
FCF Margin % | 28.24% | 26.47% | 30.5% | 36.56% | 40.34% | 38.34% | 35.41% | 32.65% | 35.73% | 37.34% |
FCF Growth % | -0.9% | 8.61% | 36.42% | 28.3% | 34.39% | 8.76% | 8.89% | 4.75% | 25.25% | 39.75% |
FCF per Share | 0.87 | 0.94 | 1.20 | 1.49 | 1.99 | 2.16 | 2.34 | 2.43 | 3.04 | 3.23 |
FCF Conversion (FCF/Net Income) | 2.68x | 2.50x | 2.82x | 2.52x | 2.04x | 1.88x | 1.80x | 1.53x | 1.63x | 1.60x |
Interest Paid | 680K | 1.71M | 3.52M | 89K | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 3.89M | 7.86M | 8.95M | 8.21M | 12.57M | 23.79M | 44.94M | 53.41M | 0 | 31.56M |
DSGX Key Ratios
The Descartes Systems Group Inc. (DSGX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 5.78% | 6.06% | 5.46% | 6.01% | 9.03% | 9.74% | 9.92% | 10.92% | 11.18% | 11.24% |
Return on Invested Capital (ROIC) | 6.03% | 6.02% | 5.93% | 6.77% | 9.77% | 12.02% | 12.21% | 13.05% | 14.91% | 14.24% |
Gross Margin | 73.17% | 72.75% | 73.69% | 74.21% | 76.03% | 76.68% | 75.86% | 75.64% | 65.95% | 69.54% |
Net Margin | 11.32% | 11.37% | 11.36% | 14.94% | 20.32% | 21.04% | 20.23% | 22.01% | 22.46% | 23.35% |
Debt / Equity | 0.07x | 0.05x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x |
Interest Coverage | 27.79x | 19.57x | 11.90x | 60.33x | 91.04x | 113.59x | 111.90x | 187.84x | 243.44x | 246.65x |
FCF Conversion | 2.68x | 2.50x | 2.82x | 2.52x | 2.04x | 1.88x | 1.80x | 1.53x | 1.63x | 1.60x |
Revenue Growth | 16.52% | 15.89% | 18.4% | 7.02% | 21.8% | 14.44% | 17.88% | 13.63% | 14.44% | 13.28% |
Related:DSGX Dividend History·DSGX Revenue History·DSGX Price History·DSGX P/E History·DSGX Financial Ratios·DSGX Institutional Holders
DSGX Frequently Asked Questions
The Descartes Systems Group Inc. (DSGX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The Descartes Systems Group Inc. (DSGX) reported $757.1M in revenue for fiscal year 2026. This represents a 3592% increase from $20.5M in 1997.
The Descartes Systems Group Inc. (DSGX) grew revenue by 14.4% over the past year. This is steady growth.
Yes, The Descartes Systems Group Inc. (DSGX) is profitable, generating $176.8M in net income for fiscal year 2026 (22.5% net margin).
Dividend & Returns
The Descartes Systems Group Inc. (DSGX) has a return on equity (ROE) of 11.2%. This is reasonable for most industries.
The Descartes Systems Group Inc. (DSGX) generated $282.7M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.