Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
The Descartes Systems Group Inc.'s quarterly P/E stands at 32.2x, down 49.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 47.9% YoY to 17.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 35.25 | 32.19 | 35.26 | 44.10 | 61.49 | 64.26 | 67.34 | 61.86 | 63.53 | 57.99 | 59.18 | 60.17 | 60.84 |
| — | -49.9% | -47.6% | -28.7% | -3.2% | +10.8% | +13.8% | +2.8% | +4.4% | -0.4% | +13.5% | +4.5% | -4.8% | |
| P/S Ratio | 7.77 | 8.07 | 8.34 | 10.40 | 12.88 | 13.67 | 15.15 | 13.45 | 13.57 | 13.35 | 12.84 | 10.83 | 11.78 |
| — | -41.0% | -44.9% | -22.7% | -5.1% | +2.4% | +17.9% | +24.2% | +15.1% | +6.2% | +1.7% | -11.9% | -2.7% | |
| P/B Ratio | 3.67 | 3.86 | 4.07 | 4.98 | 6.18 | 6.36 | 7.33 | 6.69 | 6.76 | 6.40 | 6.19 | 5.28 | 5.76 |
| — | -39.3% | -44.5% | -25.6% | -8.6% | -0.7% | +18.4% | +26.8% | +17.4% | +5.5% | +7.6% | -7.4% | +0.3% | |
| P/FCF | 21.73 | 21.53 | 21.55 | 27.02 | 37.30 | 44.60 | 43.26 | 38.57 | 67.01 | 33.12 | 37.77 | 28.70 | 33.90 |
| — | -51.7% | -50.2% | -29.9% | -44.3% | +34.7% | +14.5% | +34.4% | +97.7% | -8.1% | +17.1% | -4.1% | +1.5% | |
| EV / EBITDA | 16.50 | 17.67 | 17.41 | 22.33 | 32.17 | 33.93 | 36.14 | 34.61 | 33.34 | 33.55 | 34.03 | 30.51 | 30.44 |
| — | -47.9% | -51.8% | -35.5% | -3.5% | +1.2% | +6.2% | +13.4% | +9.5% | +5.2% | +11.4% | +6.9% | +2.0% | |
| EV / EBIT | 22.61 | 22.80 | 23.41 | 32.16 | 45.40 | 47.04 | 54.38 | 45.73 | 44.39 | 42.91 | 44.88 | 42.66 | 42.07 |
| — | -51.5% | -57.0% | -29.7% | +2.3% | +9.6% | +21.2% | +7.2% | +5.5% | -2.3% | +8.0% | +3.7% | -6.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
The Descartes Systems Group Inc.'s operating margin was 33.3% in Q1 2027, down 0.4 pp QoQ and up 5.9 pp YoY. The trailing four-quarter average of 31.8% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 10.2% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.9% | 68.6% | 66.7% | 66.3% | 76.9% | 76.4% | 76.4% | 74.4% | 75.2% | 65.7% | 65.8% | 76.3% | 75.6% |
| — | -10.2% | -12.7% | -10.9% | +2.2% | +16.4% | +16.1% | -2.4% | -0.6% | -13.5% | -14.3% | -1.4% | -1.2% | |
| Operating Margin | 32.3% | 33.3% | 33.7% | 33.1% | 26.8% | 27.4% | 28.1% | 27.1% | 28.1% | 28.0% | 25.0% | 22.4% | 25.7% |
| — | +21.7% | +20.0% | +22.2% | -4.5% | -2.2% | +12.5% | +21.2% | +9.2% | +4.6% | -6.9% | -21.6% | +0.2% | |
| Net Margin | 22.5% | 25.0% | 23.7% | 23.4% | 21.1% | 21.5% | 22.3% | 21.7% | 21.2% | 22.9% | 21.5% | 18.4% | 19.6% |
| — | +16.6% | +6.0% | +8.0% | -0.4% | -6.2% | +3.9% | +17.8% | +8.2% | +6.6% | -9.7% | -15.6% | +5.3% |
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 3.0% | 2.9% | 2.8% | 2.6% | 2.6% | 2.7% | 2.7% | 2.7% | 2.8% | 2.6% | 2.3% | 2.4% |
| — | +18.1% | +7.8% | +4.0% | -4.4% | -8.1% | +3.5% | +21.6% | +10.5% | +5.7% | -4.9% | -11.2% | +9.3% | |
| ROA | 9.5% | 2.6% | 2.5% | 2.4% | 2.2% | 2.2% | 2.3% | 2.3% | 2.2% | 2.3% | 2.2% | 1.9% | 2.0% |
| — | +18.9% | +9.6% | +5.9% | -1.8% | -6.5% | +4.1% | +22.9% | +10.8% | +5.7% | -5.0% | -11.7% | +8.4% | |
| ROIC | 14.9% | 3.9% | 3.9% | 3.6% | 2.8% | 2.8% | 3.0% | 3.1% | 3.3% | 3.3% | 3.0% | 2.6% | 2.9% |
| — | +36.1% | +29.1% | +18.5% | -13.5% | -13.0% | -0.6% | +17.3% | +13.3% | +6.3% | -0.6% | -16.1% | +2.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The Descartes Systems Group Inc.'s Debt/EBITDA ratio is 0.1x, up from 0.1x last quarter — comfortably within a safe range. The current ratio has improved 51.7% YoY to 2.05x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 |
| — | -8.7% | -13.4% | +50.7% | -3.8% | -6.6% | +5.2% | +2.6% | +5.4% | -3.6% | -14.8% | -31.2% | -37.4% | |
| Debt / EBITDA | 0.03 | 0.10 | 0.09 | 0.14 | 0.11 | 0.12 | 0.12 | 0.11 | 0.11 | 0.13 | 0.13 | 0.12 | 0.11 |
| — | -18.4% | -22.5% | +32.6% | +1.4% | -5.9% | -7.4% | -10.5% | -2.2% | -3.5% | -12.0% | -20.2% | -36.2% | |
| Current Ratio | 2.16 | 2.05 | 2.16 | 1.83 | 1.70 | 1.35 | 1.62 | 1.34 | 1.79 | 1.49 | 2.05 | 1.79 | 1.59 |
| — | +51.7% | +32.9% | +36.7% | -5.0% | -9.6% | -20.9% | -25.0% | +12.7% | +9.0% | -2.9% | -10.7% | -8.5% | |
| Quick Ratio | 2.16 | 2.05 | 2.16 | 1.83 | 1.70 | 1.35 | 1.62 | 1.34 | 1.79 | 1.49 | 2.05 | 1.79 | 1.59 |
| — | +51.9% | +33.2% | +36.7% | -5.0% | -9.7% | -21.1% | -24.8% | +13.0% | +9.6% | -2.7% | -10.7% | -8.5% | |
| Interest Coverage | 243.44 | 275.63 | 266.58 | 240.09 | 204.66 | 204.07 | 186.89 | 199.48 | 199.84 | 167.60 | 118.57 | 102.40 | 114.23 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
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 35.3x. The average P/E over the last 4 quarters is 43.3x. 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.