Symbols / DSGX Stock $72.00 -0.41% The Descartes Systems Group Inc.

Technology • Software - Application • Canada • NMS
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. Edward J. Ryan B.A.
Exch · Country NMS · Canada
Market Cap 6.19B
Enterprise Value 5.85B
Income 163.77M
Sales 728.99M
FCF (ttm) 236.25M
Book/sh 18.82
Cash/sh 4.14
Employees 2,364
Insider 10d
IPO Jan 27, 1999
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 38.50
Forward P/E 22.24
PEG 1.46
P/S 8.50
P/B 3.83
P/C
EV/EBITDA 19.01
EV/Sales 8.02
Quick Ratio 2.01
Current Ratio 2.16
Debt/Eq 0.52
LT Debt/Eq
EPS (ttm) 1.87
EPS next Y 3.24
EPS Growth 21.00%
Revenue Growth 15.10%
EPS Gr Q/Q 22.00%
Rev Gr Q/Q
Earnings (next) 2026-06-03
Earnings (prior) 2026-03-11
ROA 7.78%
ROE 10.90%
ROIC
Gross Margin 77.08%
Oper. Margin 31.20%
Profit Margin 22.46%
Shs Outstand 86.02M
Shs Float 85.70M
Insider Own 0.01%
Instit Own 87.93%
Short Float
Short Ratio 3.61
Short Interest 1.56M
52W High 117.35
vs 52W High -38.65%
52W Low 62.56
vs 52W Low 15.09%
Beta 0.19
Impl. Vol. 76.83%
Rel Volume 0.56
Avg Volume 731.62K
Volume 408.55K
Target (mean) $100.85
Tgt Median $95.00
Tgt Low $82.00
Tgt High $126.00
# Analysts 13
Recom Buy
Prev Close $72.30
Price $72.00
Change -0.41%
About

The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company offers a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also provides its customers to use its modular and technology solutions to route, 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. In addition, the company offers consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as retailers, manufacturers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$72.00
Low
$82.00
High
$126.00
Mean
$100.85

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-16 up Rothschild & Co Neutral → Buy $90
2026-03-12 main Morgan Stanley Overweight → Overweight $100
2026-03-12 main BMO Capital Market Perform → Market Perform $82
2026-03-12 main Barclays Overweight → Overweight $89
2026-02-04 main Scotiabank Sector Outperform → Sector Outperform $95
2026-01-12 up Barclays Equal-Weight → Overweight $105
2025-12-09 main Morgan Stanley Equal-Weight → Equal-Weight $110
2025-12-04 main Scotiabank Sector Outperform → Sector Outperform $115
2025-12-04 up Raymond James Market Perform → Outperform $118
2025-12-04 main Barclays Equal-Weight → Equal-Weight $106
2025-12-04 main BMO Capital Market Perform → Market Perform $95
2025-11-20 main Morgan Stanley Equal-Weight → Equal-Weight $100
2025-10-29 main CIBC Outperformer → Outperformer $126
2025-07-14 init Morgan Stanley — → Equal-Weight $110
2025-06-05 main RBC Capital Outperform → Outperform $126
2025-06-05 main Barclays Equal-Weight → Equal-Weight $108
2025-03-28 reit RBC Capital Outperform → Outperform $130
2025-03-26 main Scotiabank Sector Outperform → Sector Outperform $127
2025-03-06 main BMO Capital Market Perform → Market Perform $113
2025-03-06 main RBC Capital Outperform → Outperform $130
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-13 Pagan (John Scott) Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 20,163 $36.54 $736,816
2026-04-13 Pagan (John Scott) Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 20,163 $65.86 $1,327,874
2026-04-13 Ryan (Edward J) Senior Officer of Issuer 34,193 $36.54 $1,249,514
2026-04-13 Ryan (Edward J) Senior Officer of Issuer 34,193 $65.04 $2,223,844
2026-04-09 Descartes Systems Group Inc Issuer 20,000 $64.60 $1,292,020
2026-04-08 Descartes Systems Group Inc Issuer 20,000 $69.12 $1,382,500
2026-04-06 Descartes Systems Group Inc Issuer 20,000 $70.82 $1,416,500
2026-04-06 Descartes Systems Group Inc Issuer 20,000 $70.82 $1,416,500
2026-03-27 Descartes Systems Group Inc Issuer 20,000 $69.45 $1,389,000
2026-03-24 Descartes Systems Group Inc Issuer 30,000 $70.80 $2,123,880
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Total Revenue
728.99
+11.98%
651.00
+13.63%
572.93
+17.88%
486.01
Operating Revenue
728.99
+11.98%
651.00
+13.63%
572.93
+17.88%
486.01
Cost Of Revenue
167.06
+5.35%
158.57
+14.66%
138.29
+22.03%
113.33
Reconciled Cost Of Revenue
161.12
+5.32%
152.99
+15.18%
132.82
+22.87%
108.10
Gross Profit
561.93
+14.11%
492.43
+13.30%
434.64
+16.62%
372.69
Operating Expense
341.52
+12.40%
303.84
+12.47%
270.14
+14.07%
236.81
Research And Development
105.31
+10.28%
95.50
+13.55%
84.10
+19.54%
70.35
Selling General And Administration
155.03
+11.58%
138.94
+10.68%
125.53
+18.11%
106.28
Selling And Marketing Expense
82.57
+12.05%
73.69
+8.11%
68.16
+20.48%
56.57
General And Administrative Expense
72.46
+11.05%
65.25
+13.73%
57.37
+15.42%
49.71
Other Gand A
72.46
+11.05%
65.25
+13.73%
57.37
+15.42%
49.71
Total Expenses
508.58
+9.99%
462.41
+13.22%
408.43
+16.65%
350.14
Operating Income
220.41
+16.87%
188.59
+14.65%
164.50
+21.07%
135.88
Total Operating Income As Reported
209.98
+15.93%
181.12
+26.79%
142.85
+9.52%
130.43
EBITDA
305.19
+14.04%
267.62
+22.49%
218.49
+9.08%
200.30
Normalized EBITDA
307.54
+16.68%
263.58
+14.36%
230.47
+14.51%
201.28
Reconciled Depreciation
87.13
+16.19%
74.99
+13.66%
65.97
+0.88%
65.40
EBIT
218.06
+13.20%
192.64
+26.31%
152.51
+13.06%
134.90
Total Unusual Items
-2.35
-158.07%
4.05
+133.77%
-11.98
-1122.76%
-0.98
Total Unusual Items Excluding Goodwill
-2.35
-158.07%
4.05
+133.77%
-11.98
-1122.76%
-0.98
Special Income Charges
-10.43
-39.69%
-7.47
+65.51%
-21.65
-297.89%
-5.44
Restructuring And Mergern Acquisition
10.43
+39.69%
7.47
-65.51%
21.65
+297.89%
5.44
Net Income
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Pretax Income
217.09
+13.28%
191.63
+26.78%
151.15
+13.03%
133.73
Net Non Operating Interest Income Expense
-0.97
+3.69%
-1.00
+26.34%
-1.36
-16.80%
-1.17
Interest Expense Non Operating
0.97
-3.69%
1.00
-26.34%
1.36
+16.80%
1.17
Net Interest Income
-0.97
+3.69%
-1.00
+26.34%
-1.36
-16.80%
-1.17
Interest Expense
0.97
-3.69%
1.00
-26.34%
1.36
+16.80%
1.17
Other Income Expense
-2.35
-158.07%
4.05
+133.77%
-11.98
-1122.76%
-0.98
Gain On Sale Of Security
8.08
-29.83%
11.51
+19.11%
9.67
+116.68%
4.46
Tax Provision
53.32
+10.26%
48.36
+37.21%
35.24
+11.92%
31.49
Tax Rate For Calcs
0.00
-2.52%
0.00
+8.23%
0.00
-2.84%
0.00
Tax Effect Of Unusual Items
-0.58
-156.60%
1.02
+136.55%
-2.79
-1087.99%
-0.24
Net Income Including Noncontrolling Interests
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Net Income From Continuing Operation Net Minority Interest
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Net Income From Continuing And Discontinued Operation
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Net Income Continuous Operations
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Normalized Income
165.54
+18.03%
140.25
+12.11%
125.10
+21.47%
102.98
Net Income Common Stockholders
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Diluted EPS
1.87
+14.02%
1.64
+22.39%
1.34
+13.56%
1.18
Basic EPS
1.91
+13.69%
1.68
+23.53%
1.36
+12.40%
1.21
Basic Average Shares
85.87
+0.50%
85.44
+0.44%
85.07
+0.33%
84.79
Diluted Average Shares
87.58
+0.29%
87.32
+0.58%
86.82
+0.42%
86.45
Diluted NI Availto Com Stockholders
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Amortization
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Amortization Of Intangibles Income Statement
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Depreciation Amortization Depletion Income Statement
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Depreciation And Amortization In Income Statement
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Line Item Trend 2024-01-31
Total Assets
1,474.29
Current Assets
418.18
Cash Cash Equivalents And Short Term Investments
320.95
Cash And Cash Equivalents
320.95
Cash Financial
320.95
Receivables
63.76
Accounts Receivable
51.57
Gross Accounts Receivable
52.27
Allowance For Doubtful Accounts Receivable
-0.70
Other Receivables
12.19
Inventory
Finished Goods
Prepaid Assets
Hedging Assets Current
Other Current Assets
33.47
Total Non Current Assets
1,056.10
Net PPE
17.81
Gross PPE
60.44
Accumulated Depreciation
-42.63
Properties
0.00
Machinery Furniture Equipment
50.38
Construction In Progress
0.50
Other Properties
8.57
Leases
0.99
Goodwill And Other Intangible Assets
1,011.46
Goodwill
760.41
Other Intangible Assets
251.05
Non Current Deferred Assets
2.10
Non Current Deferred Taxes Assets
2.10
Other Non Current Assets
24.74
Total Liabilities Net Minority Interest
236.25
Current Liabilities
203.63
Payables And Accrued Expenses
72.97
Payables
24.22
Accounts Payable
17.48
Current Accrued Expenses
48.75
Pensionand Other Post Retirement Benefit Plans Current
43.08
Total Tax Payable
6.73
Income Tax Payable
6.73
Current Debt And Capital Lease Obligation
3.08
Current Capital Lease Obligation
3.08
Current Deferred Liabilities
84.51
Current Deferred Revenue
84.51
Total Non Current Liabilities Net Minority Interest
32.62
Long Term Debt And Capital Lease Obligation
3.90
Long Term Capital Lease Obligation
3.90
Tradeand Other Payables Non Current
6.15
Non Current Deferred Liabilities
22.57
Non Current Deferred Revenue
1.46
Non Current Deferred Taxes Liabilities
21.10
Stockholders Equity
1,238.03
Common Stock Equity
1,238.03
Capital Stock
551.16
Common Stock
551.16
Share Issued
85.18
Ordinary Shares Number
85.18
Treasury Shares Number
0.00
Additional Paid In Capital
494.70
Retained Earnings
220.75
Gains Losses Not Affecting Retained Earnings
-28.59
Other Equity Adjustments
-28.59
Total Equity Gross Minority Interest
1,238.03
Total Capitalization
1,238.03
Working Capital
214.55
Invested Capital
1,238.03
Total Debt
6.98
Capital Lease Obligations
6.98
Net Tangible Assets
226.57
Tangible Book Value
226.57
Line Item Trend 2026-01-31 2025-01-31 2024-01-31 2023-01-31
Operating Cash Flow
266.25
+21.42%
219.27
+5.58%
207.68
+7.94%
192.40
Cash Flow From Continuing Operating Activities
266.25
+21.42%
219.27
+5.58%
207.68
+7.94%
192.40
Net Income From Continuing Operations
163.77
+14.30%
143.27
+23.61%
115.91
+13.37%
102.24
Depreciation Amortization Depletion
87.13
+16.19%
74.99
+13.66%
65.97
+0.88%
65.40
Depreciation
5.95
+6.42%
5.59
+2.10%
5.47
+4.77%
5.22
Amortization Cash Flow
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Depreciation And Amortization
87.13
+16.19%
74.99
+13.66%
65.97
+0.88%
65.40
Amortization Of Intangibles
81.18
+16.98%
69.40
+14.71%
60.50
+0.54%
60.18
Other Non Cash Items
0.41
+1700.00%
0.02
-79.82%
0.11
+115.09%
0.05
Stock Based Compensation
20.91
+4.73%
19.96
+21.13%
16.48
+20.58%
13.67
Deferred Tax
11.07
+319.58%
-5.04
+15.66%
-5.98
-284.28%
3.24
Deferred Income Tax
11.07
+319.58%
-5.04
+15.66%
-5.98
-284.28%
3.24
Change In Working Capital
-17.04
-22.34%
-13.93
-191.77%
15.18
+94.82%
7.79
Change In Receivables
-14.78
-1087.17%
1.50
+120.65%
-7.25
-364.56%
2.74
Changes In Account Receivables
-5.27
-259.78%
3.30
+150.24%
-6.57
-4448.34%
0.15
Change In Inventory
0.10
Change In Prepaid Assets
12.12
+182.38%
-14.71
-83.01%
-8.04
-44.59%
-5.56
Change In Payables And Accrued Expense
-18.30
-195.43%
-6.19
-141.28%
15.00
+484.72%
2.57
Change In Accrued Expense
-15.14
-67.89%
-9.02
-197.27%
9.27
+281.01%
2.43
Change In Payable
-3.16
-211.79%
2.82
-50.75%
5.73
+4211.28%
0.13
Change In Account Payable
-1.14
-160.97%
1.87
-69.77%
6.18
+1096.77%
-0.62
Change In Other Working Capital
3.91
-28.60%
5.48
-64.59%
15.47
+92.20%
8.05
Investing Cash Flow
-157.35
+47.01%
-296.95
-100.28%
-148.26
-21.89%
-121.63
Cash Flow From Continuing Investing Activities
-157.35
+47.01%
-296.95
-100.28%
-148.26
-21.89%
-121.63
Net PPE Purchase And Sale
-5.73
+15.02%
-6.74
-21.21%
-5.56
+8.37%
-6.07
Purchase Of PPE
-5.73
+15.02%
-6.74
-21.21%
-5.56
+8.37%
-6.07
Capital Expenditure
-5.73
+15.02%
-6.74
-21.21%
-5.56
+8.37%
-6.07
Net Business Purchase And Sale
-151.62
+47.75%
-290.20
-103.37%
-142.70
-23.48%
-115.56
Purchase Of Business
-151.62
+47.75%
-290.20
-103.37%
-142.70
-23.48%
-115.56
Financing Cash Flow
5.02
+238.18%
-3.63
+75.37%
-14.74
-220.25%
-4.60
Cash Flow From Continuing Financing Activities
5.02
+238.18%
-3.63
+75.37%
-14.74
-220.25%
-4.60
Net Issuance Payments Of Debt
0.00
0.00
Issuance Of Debt
0.00
Repayment Of Debt
0.00
0.00
Long Term Debt Payments
0.00
0.00
Net Long Term Debt Issuance
0.00
0.00
Short Term Debt Issuance
0.00
Short Term Debt Payments
0.00
Net Short Term Debt Issuance
0.00
Net Common Stock Issuance
13.21
+6.63%
12.39
+33.64%
9.27
+435.95%
1.73
Common Stock Payments
-0.89
0.00
0.00
Repurchase Of Capital Stock
-0.89
0.00
0.00
Net Other Financing Charges
-8.20
+48.84%
-16.02
+33.28%
-24.01
-279.17%
-6.33
Changes In Cash
113.91
+240.10%
-81.31
-281.99%
44.68
-32.47%
66.16
Effect Of Exchange Rate Changes
6.48
+284.55%
-3.51
-3119.27%
-0.11
+96.61%
-3.21
Beginning Cash Position
236.14
-26.43%
320.95
+16.12%
276.38
+29.49%
213.44
End Cash Position
356.53
+50.98%
236.14
-26.43%
320.95
+16.12%
276.38
Free Cash Flow
260.52
+22.58%
212.53
+5.15%
202.12
+8.48%
186.32
Interest Paid Supplemental Data
0.00
0.00
0.00
0.00
Income Tax Paid Supplemental Data
57.25
+7.18%
53.41
+18.85%
44.94
+88.89%
23.79
Change In Income Tax Payable
-2.02
-311.09%
0.96
+314.35%
-0.45
-159.23%
0.75
Change In Tax Payable
-2.02
-311.09%
0.96
+314.35%
-0.45
-159.23%
0.75
Common Stock Issuance
14.10
+13.82%
12.39
+33.64%
9.27
+435.95%
1.73
Issuance Of Capital Stock
14.10
+13.82%
12.39
+33.64%
9.27
+435.95%
1.73
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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