Descartes Systems Group
DSGX
80.07
+1.45
+1.84%
Descartes Systems Group
US · DSGX
#1805 by market cap
Listed 1970
80.07
+1.45
+1.84%
Live - 5344 symbols - heartbeat 99s ago
· 2026-10-07 19:54
After-hours
80.07
0.00%
- Market cap
- 6.85B
- P/E (TTM)i
- 37.24
- P/Bi
- 4.16
- EPSi
- 1.87
- Div yieldi
- 0.00%
- 52W posi
- 49%
Reader sentiment
Are you bullish or bearish on DSGX?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 16.17, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +11.98% YoY
Margins
- Gross margin
- 77.08%
- Operating margin
- 30.23%
- Net margin
- 22.46%
Key ratios & quality
- PEG ratioi
- 2.19
- Altman Z-Scorei
- 16.17
PEG uses trailing P/E against the 3-year net income growth rate (17.01%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 275.17M | 325.79M | 348.66M | 424.69M | 486.01M | 572.93M | 651.00M | 728.99M |
| Gross profit | 200.18M | 240.07M | 258.75M | 322.88M | 372.69M | 434.64M | 492.43M | 561.93M |
| Selling & admin expenses | 66.89M | 75.02M | 75.05M | 91.35M | 106.28M | 125.53M | 138.94M | 155.03M |
| Research & development | 47.87M | 53.51M | 54.07M | 62.57M | 70.35M | 84.10M | 95.50M | 105.31M |
| Operating profit | 45.24M | 56.06M | 73.73M | 109.86M | 135.88M | 164.50M | 188.59M | 220.41M |
| Pretax profit | 39.51M | 48.04M | 70.37M | 102.61M | 133.73M | 151.15M | 191.63M | 217.09M |
| Tax | 8.23M | 11.04M | 18.27M | 16.33M | 31.49M | 35.25M | 48.36M | 53.32M |
| Net profit | 31.28M | 37.00M | 52.10M | 86.28M | 102.24M | 115.91M | 143.27M | 163.77M |
| Basic EPS | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| Diluted EPS | 0.40 | 0.45 | 0.61 | 1.00 | 1.18 | 1.34 | 1.64 | 1.87 |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Revenue | 168.74M | 179.82M | 187.68M | 192.76M | 193.62M | 201.11M |
| Gross profit | 128.99M | 138.23M | 145.21M | 149.50M | 150.18M | 156.71M |
| Selling & admin expenses | 35.16M | 37.67M | 40.61M | 41.59M | 41.91M | 43.62M |
| Research & development | 25.07M | 26.75M | 26.60M | 26.89M | 27.40M | 28.29M |
| Operating profit | 49.65M | 53.30M | 57.31M | 60.15M | 63.61M | 66.73M |
| Pretax profit | 47.92M | 49.49M | 58.34M | 61.34M | 65.28M | 68.55M |
| Tax | 11.68M | 11.47M | 14.44M | 15.73M | 16.81M | 18.52M |
| Net profit | 36.24M | 38.02M | 43.90M | 45.60M | 48.48M | 50.03M |
| Basic EPS | 0 | 0 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.41 | 0.43 | 0.50 | 0.52 | 0.55 | 0.57 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 72.24M | 100.21M | 203.07M | 292.06M | 358.65M | 418.18M | 352.57M | 482.07M |
| Cash & ST investments | 27.30M | 44.40M | 133.66M | 213.44M | 276.39M | 320.95M | 236.14M | 356.53M |
| Inventory | 95.00K | 411.00K | 429.00K | 868.00K | -- | -- | 715.00K | 101.00K |
| Total assets | 653.33M | 942.59M | 1.06B | 1.19B | 1.32B | 1.47B | 1.65B | 1.90B |
| Total current liabilities | 70.37M | 88.94M | 104.26M | 133.43M | 169.60M | 203.63M | 217.03M | 223.22M |
| Short-term debt | -- | 3.93M | 4.17M | 4.03M | 3.40M | 3.08M | 3.18M | 3.47M |
| Long-term debt | 25.46M | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 119,827,000.00 | 120,877,000.00 | 152,186,000.00 | 185,612,000.00 | 216,653,000.00 | 236,251,000.00 | 262,381,000.00 | 276,753,000.00 |
| Total equity | 533.51M | 821.71M | 911.07M | 999.82M | 1.10B | 1.24B | 1.39B | 1.62B |
| Retained earnings | -172.77M | -135.77M | -83.67M | 2.61M | 104.85M | 220.76M | 364.03M | 526.98M |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Total current assets | 295.61M | 360.69M | 401.10M | 482.07M | 502.46M | 523.86M |
| Cash & ST investments | 176.41M | 240.63M | 278.79M | 356.53M | 376.98M | 401.06M |
| Inventory | -- | -- | 207.00K | 101.00K | 251.00K | 411.00K |
| Total assets | 1.71B | 1.76B | 1.82B | 1.90B | 1.92B | 1.96B |
| Total current liabilities | 218.85M | 211.89M | 218.67M | 223.22M | 245.16M | 259.59M |
| Short-term debt | 3.40M | 3.34M | 3.24M | 3.47M | 3.44M | 3.33M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 257,953,000.00 | 256,138,000.00 | 269,134,000.00 | 276,753,000.00 | 290,876,000.00 | 312,319,000.00 |
| Total equity | 1.45B | 1.50B | 1.55B | 1.62B | 1.63B | 1.65B |
| Retained earnings | 400.27M | 438.29M | 482.19M | 526.98M | 536.77M | 557.17M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 78.07M | 104.25M | 131.23M | 176.14M | 192.40M | 207.68M | 219.27M | 266.25M |
| Depreciation & amortization | 44.72M | 61.52M | 61.66M | 64.23M | 65.40M | 65.98M | 74.99M | 87.13M |
| Free cash flow | 72.83M | 99.35M | 127.47M | 171.31M | 186.32M | 202.12M | 212.53M | 260.52M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 345.00K | 237.97M | 6.19M | 2.66M | 1.73M | 9.27M | 12.39M | 13.21M |
| Ending cash balance | 27.30M | 44.40M | 133.66M | 213.44M | 276.39M | 320.95M | 236.14M | 356.53M |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Operating cash flow | 53.60M | 63.34M | 73.36M | 75.95M | 75.14M | 81.26M |
| Depreciation & amortization | 20.56M | 22.01M | 22.17M | 22.39M | 18.75M | 19.66M |
| Free cash flow | 51.74M | 62.10M | 72.16M | 74.52M | 72.56M | 79.27M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 3.56M | 4.81M | 2.96M | 1.89M | -17.27M | -24.00M |
| Ending cash balance | 176.41M | 240.63M | 278.79M | 356.53M | 376.98M | 401.06M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 6.06 | 5.46 | 6.01 | 9.03 | 9.74 | 9.92 | 10.92 | 10.90 |
| ROA %i | 4.89 | 4.64 | 5.19 | 7.67 | 8.17 | 8.31 | 9.18 | 9.24 |
| ROIC %i | 6.02 | 5.78 | 6.02 | 9.01 | 9.74 | 9.95 | 10.92 | 10.89 |
| 5-year avg ROE %i | 5.49 | 5.64 | 5.81 | 6.47 | 7.26 | 8.03 | 9.13 | 10.10 |
| EBIT margin %i | 15.13 | 16.10 | 20.52 | 24.43 | 27.76 | 26.62 | 29.59 | 29.91 |
| FCF / sales %i | 26.47 | 30.50 | 36.56 | 40.34 | 38.34 | 35.28 | 32.65 | 35.74 |
| Current ratioi | 1.03 | 1.13 | 1.95 | 2.19 | 2.11 | 2.05 | 1.62 | 2.16 |
| Quick ratioi | 0.90 | 0.98 | 1.78 | 2.02 | 1.96 | 1.89 | 1.41 | 2.01 |
| Debt / assetsi | 3.90 | 1.42 | 1.23 | 0.96 | 0.56 | 0.47 | 0.48 | 0.44 |
| LT debt / equityi | 4.77 | 1.15 | 0.98 | 0.74 | 0.36 | 0.32 | 0.34 | 0.30 |
| Interest coveragei | 19.57 | 11.88 | 60.33 | 92.37 | 115.59 | 111.90 | 191.87 | 225.50 |
| Revenue CAGR (3Y) %i | 14.15 | 16.93 | 13.66 | 15.56 | 14.26 | 18.00 | 15.30 | 14.47 |
| Net income CAGR (3Y) %i | 15.01 | 15.78 | 24.68 | 40.25 | 40.33 | 30.54 | 18.42 | 17.01 |
| FCF CAGR (3Y) %i | 13.41 | 13.66 | 23.88 | 32.99 | 23.32 | 16.61 | 7.45 | 11.82 |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| ROE %i | 10.66 | 10.54 | 10.70 | 10.90 | 11.42 | 11.95 |
| ROA %i | 8.91 | 8.92 | 9.04 | 9.24 | 9.70 | 10.12 |
| ROIC %i | 10.65 | 10.54 | 10.69 | 10.89 | 11.41 | 11.94 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 29.08 | 28.55 | 29.19 | 29.91 | 31.23 | 32.83 |
| FCF / sales %i | 30.27 | 33.78 | 34.76 | 35.74 | 37.32 | 38.51 |
| Current ratioi | 1.35 | 1.70 | 1.83 | 2.16 | 2.05 | 2.02 |
| Quick ratioi | 1.15 | 1.52 | 1.68 | 2.01 | 1.91 | 1.89 |
| Debt / assetsi | 0.46 | 0.45 | 0.42 | 0.44 | 0.42 | 0.39 |
| LT debt / equityi | 0.31 | 0.31 | 0.28 | 0.30 | 0.29 | 0.26 |
| Interest coveragei | 200.99 | 202.20 | 212.45 | 225.50 | 243.45 | 263.98 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Logistics technology solutions100.00%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.