Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 41.93 | 32.96 | 32.19 | 35.26 | 44.10 | 61.49 | 64.26 | 67.34 | 61.86 | 63.53 | 57.99 | 59.18 | 60.17 | 60.84 | 58.22 | 52.16 | 57.56 | 63.93 | 57.55 | 82.69 | 68.14 |
| — | -46.4% | -49.9% | -47.6% | -28.7% | -3.2% | +10.8% | +13.8% | +2.8% | +4.4% | -0.4% | +13.5% | +4.5% | -4.8% | +1.2% | -36.9% | -15.5% | -5.0% | -24.5% | +8.3% | -23.9% | |
| P/S Ratio | 9.24 | 8.13 | 8.07 | 8.34 | 10.40 | 12.88 | 13.67 | 15.15 | 13.45 | 13.57 | 13.35 | 12.84 | 10.83 | 11.78 | 12.57 | 12.63 | 12.29 | 12.11 | 11.53 | 13.97 | 16.20 |
| — | -36.8% | -41.0% | -44.9% | -22.7% | -5.1% | +2.4% | +17.9% | +24.2% | +15.1% | +6.2% | +1.7% | -11.9% | -2.7% | +9.0% | -9.6% | -24.1% | -19.0% | -17.3% | +1.4% | +22.8% | |
| P/B Ratio | 4.36 | 3.97 | 3.86 | 4.07 | 4.98 | 6.18 | 6.36 | 7.33 | 6.69 | 6.76 | 6.40 | 6.19 | 5.28 | 5.76 | 6.07 | 5.75 | 5.70 | 5.74 | 5.29 | 6.28 | 7.12 |
| — | -35.7% | -39.3% | -44.5% | -25.6% | -8.6% | -0.7% | +18.4% | +26.8% | +17.4% | +5.5% | +7.6% | -7.4% | +0.3% | +14.7% | -8.5% | -20.0% | -11.7% | -9.5% | +11.2% | +34.2% | |
| P/FCF | 25.85 | 20.73 | 21.53 | 21.55 | 27.02 | 37.30 | 44.60 | 43.26 | 38.57 | 67.01 | 33.12 | 37.77 | 28.70 | 33.90 | 36.03 | 32.25 | 29.92 | 33.40 | 31.35 | 35.25 | 41.93 |
| — | -44.4% | -51.7% | -50.2% | -29.9% | -44.3% | +34.7% | +14.5% | +34.4% | +97.7% | -8.1% | +17.1% | -4.1% | +1.5% | +14.9% | -8.5% | -28.6% | -3.0% | -10.7% | -2.6% | +17.6% | |
| EV / EBITDA | 19.83 | 17.80 | 17.67 | 17.41 | 22.33 | 32.17 | 33.93 | 36.14 | 34.61 | 33.34 | 33.55 | 34.03 | 30.51 | 30.44 | 31.88 | 30.56 | 28.54 | 29.86 | 27.75 | 36.40 | 39.30 |
| — | -44.7% | -47.9% | -51.8% | -35.5% | -3.5% | +1.2% | +6.2% | +13.4% | +9.5% | +5.2% | +11.4% | +6.9% | +2.0% | +14.9% | -16.1% | -27.4% | -15.4% | -18.2% | +10.6% | +23.2% | |
| EV / EBIT | 27.16 | 22.35 | 22.80 | 23.41 | 32.16 | 45.40 | 47.04 | 54.38 | 45.73 | 44.39 | 42.91 | 44.88 | 42.66 | 42.07 | 43.92 | 41.56 | 41.15 | 45.15 | 41.99 | 58.12 | 61.72 |
| — | -50.8% | -51.5% | -57.0% | -29.7% | +2.3% | +9.6% | +21.2% | +7.2% | +5.5% | -2.3% | +8.0% | +3.7% | -6.8% | +4.6% | -28.5% | -33.3% | -23.0% | -26.8% | +1.4% | +2.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.9% | 77.9% | 68.6% | 66.7% | 66.3% | 76.9% | 76.4% | 76.4% | 74.4% | 75.2% | 65.7% | 65.8% | 76.3% | 75.6% | 75.9% | 76.8% | 77.3% | 76.5% | 76.1% | 76.1% | 76.5% |
| — | +1.4% | -10.2% | -12.7% | -10.9% | +2.2% | +16.4% | +16.1% | -2.4% | -0.6% | -13.5% | -14.3% | -1.4% | -1.2% | -0.2% | +0.9% | +1.1% | +1.1% | +0.3% | +1.1% | +3.0% | |
| Operating Margin | 32.3% | 33.2% | 33.3% | 33.7% | 33.1% | 26.8% | 27.4% | 28.1% | 27.1% | 28.1% | 28.0% | 25.0% | 22.4% | 25.7% | 26.8% | 26.8% | 28.6% | 25.6% | 26.3% | 23.2% | 25.6% |
| — | +23.8% | +21.7% | +20.0% | +22.2% | -4.5% | -2.2% | +12.5% | +21.2% | +9.2% | +4.6% | -6.9% | -21.6% | +0.2% | +1.8% | +15.9% | +11.5% | +2.7% | +11.0% | -1.1% | +19.4% | |
| Net Margin | 22.5% | 24.9% | 25.0% | 23.7% | 23.4% | 21.1% | 21.5% | 22.3% | 21.7% | 21.2% | 22.9% | 21.5% | 18.4% | 19.6% | 21.5% | 23.8% | 21.8% | 18.6% | 19.9% | 17.1% | 23.4% |
| — | +17.7% | +16.6% | +6.0% | +8.0% | -0.4% | -6.2% | +3.9% | +17.8% | +8.2% | +6.6% | -9.7% | -15.6% | +5.3% | +8.2% | +39.2% | -6.9% | -16.0% | +6.6% | -7.3% | +53.9% |
| Metric | TTM | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 3.1% | 3.0% | 2.9% | 2.8% | 2.6% | 2.6% | 2.7% | 2.7% | 2.7% | 2.8% | 2.6% | 2.3% | 2.4% | 2.6% | 2.8% | 2.5% | 2.2% | 2.3% | 1.9% | 2.6% |
| — | +18.5% | +18.1% | +7.8% | +4.0% | -4.4% | -8.1% | +3.5% | +21.6% | +10.5% | +5.7% | -4.9% | -11.2% | +9.3% | +14.6% | +43.7% | -2.8% | -8.3% | +15.5% | -0.2% | +69.2% | |
| ROA | 9.5% | 2.6% | 2.6% | 2.5% | 2.4% | 2.2% | 2.2% | 2.3% | 2.3% | 2.2% | 2.3% | 2.2% | 1.9% | 2.0% | 2.2% | 2.3% | 2.1% | 1.9% | 1.9% | 1.6% | 2.2% |
| — | +17.5% | +18.9% | +9.6% | +5.9% | -1.8% | -6.5% | +4.1% | +22.9% | +10.8% | +5.7% | -5.0% | -11.7% | +8.4% | +13.4% | +41.8% | -4.6% | -10.6% | +12.8% | -2.0% | +66.0% | |
| ROIC | 14.9% | 4.0% | 3.9% | 3.9% | 3.6% | 2.8% | 2.8% | 3.0% | 3.1% | 3.3% | 3.3% | 3.0% | 2.6% | 2.9% | 3.1% | 3.1% | 3.1% | 2.8% | 2.8% | 2.4% | 2.5% |
| — | +40.4% | +36.1% | +29.1% | +18.5% | -13.5% | -13.0% | -0.6% | +17.3% | +13.3% | +6.3% | -0.6% | -16.1% | +2.2% | +7.7% | +27.6% | +24.5% | +20.3% | +30.6% | +13.9% | +37.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| — | -13.8% | -8.7% | -13.4% | +50.7% | -3.8% | -6.6% | +5.2% | +2.6% | +5.4% | -3.6% | -14.8% | -31.2% | -37.4% | -39.4% | -41.7% | -36.9% | -32.8% | -25.7% | -20.4% | -23.4% | |
| Debt / EBITDA | 0.03 | 0.09 | 0.10 | 0.09 | 0.14 | 0.11 | 0.12 | 0.12 | 0.11 | 0.11 | 0.13 | 0.13 | 0.12 | 0.11 | 0.13 | 0.15 | 0.15 | 0.18 | 0.22 | 0.27 | 0.26 |
| — | -23.1% | -18.4% | -22.5% | +32.6% | +1.4% | -5.9% | -7.4% | -10.5% | -2.2% | -3.5% | -12.0% | -20.2% | -36.2% | -40.1% | -45.9% | -41.8% | -34.8% | -31.9% | -20.1% | -29.7% | |
| Current Ratio | 2.16 | 2.02 | 2.05 | 2.16 | 1.83 | 1.70 | 1.35 | 1.62 | 1.34 | 1.79 | 1.49 | 2.05 | 1.79 | 1.59 | 1.37 | 2.11 | 2.00 | 1.74 | 1.97 | 2.19 | 1.97 |
| — | +18.6% | +51.7% | +32.9% | +36.7% | -5.0% | -9.6% | -20.9% | -25.0% | +12.7% | +9.0% | -2.9% | -10.7% | -8.5% | -30.3% | -3.4% | +1.9% | +3.3% | +1.3% | +12.4% | +4.6% | |
| Quick Ratio | 2.16 | 2.02 | 2.05 | 2.16 | 1.83 | 1.70 | 1.35 | 1.62 | 1.34 | 1.79 | 1.49 | 2.05 | 1.79 | 1.59 | 1.36 | 2.11 | 2.00 | 1.73 | 1.96 | 2.18 | 1.96 |
| — | +18.5% | +51.9% | +33.2% | +36.7% | -5.0% | -9.7% | -21.1% | -24.8% | +13.0% | +9.6% | -2.7% | -10.7% | -8.5% | -30.5% | -3.3% | +2.0% | +3.4% | +1.3% | +12.3% | +4.5% | |
| Interest Coverage | 243.44 | 287.94 | 275.63 | 266.58 | 240.09 | 204.66 | 204.07 | 186.89 | 199.48 | 199.84 | 167.60 | 118.57 | 102.40 | 114.23 | 113.06 | 113.77 | 122.42 | 112.70 | 110.60 | 92.72 | 95.70 |
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Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying DSGX stock.
The Descartes Systems Group Inc.'s current P/E is 41.9x. The average P/E over the last 4 quarters is 36.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
The Descartes Systems Group Inc.'s current operating margin is 32.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Descartes Systems Group Inc.'s business trajectory between earnings reports.