Descartes Systems/$DSGX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Descartes Systems
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
- Ticker
- $DSGX
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 2,384
- Headquarters
- Waterloo, Canada
- Website
- www.descartes.com
DSGX Metrics
BasicAdvanced
$7.8B
42.15
$2.15
0.20
-
Price and volume
Market cap
$7.8B
Beta
0.2
52-week high
$95.41
52-week low
$62.56
Average daily volume
526K
Financial strength
Current ratio
2.018
Quick ratio
1.888
Long term debt to equity
0.003
Total debt to equity
0.005
Interest coverage (TTM)
257.05%
Profitability
EBITDA (TTM)
330.765
Gross margin (TTM)
77.61%
Net profit margin (TTM)
24.25%
Operating margin (TTM)
31.97%
Effective tax rate (TTM)
25.84%
Revenue per employee (TTM)
$330,000
Management effectiveness
Return on assets (TTM)
8.34%
Return on equity (TTM)
11.95%
Valuation
Price to earnings (TTM)
42.153
Price to revenue (TTM)
10.045
Price to book
6.59
Price to tangible book (TTM)
40.62
Price to free cash flow (TTM)
26.083
Free cash flow yield (TTM)
3.83%
Free cash flow per share (TTM)
3.474
Growth
Revenue change (TTM)
13.20%
Earnings per share change (TTM)
27.21%
3-year revenue growth (CAGR)
13.75%
10-year revenue growth (CAGR)
14.81%
3-year earnings per share growth (CAGR)
17.96%
10-year earnings per share growth (CAGR)
22.18%
What the Analysts think about DSGX
Analyst ratings (Buy, Hold, Sell) for Descartes Systems stock.
Analyst projections of the future price of Descartes Systems stock.
Bulls say / Bears say
Fiscal Q2 revenue rose 12% to $201.1 million, adjusted EBITDA increased 18% and net income rose 32%. Services made up 94% of revenue, supporting the case that Descartes can keep growing profitably through its recurring software and network model. (Descartes)
Changing tariffs, customs enforcement and supply-chain disruption are driving demand for trade-intelligence and compliance tools, while fuel costs and driver shortages support interest in routing and fleet-efficiency software. Management said demand remained healthy despite a difficult shipping market. (MarketBeat)
Organic services growth was only just over 9%, below the reported 12% total revenue increase. That gap suggests acquisitions and currency effects are contributing to headline growth, leaving the underlying business growing more moderately. (MarketBeat)
Management described a tough shipping environment, with weak shipment volumes in some markets, elevated fuel costs, driver shortages and trade uncertainty. Because some network revenue is linked to transactions, prolonged weakness in freight activity could weigh on usage-based growth. (MarketBeat)
After the Tai and Extensiv deals, management’s Q3 baseline implied an adjusted EBITDA margin of about 38%, below its 40%–45% target range. Early integration costs or weaker acquired-business performance could therefore pressure margins as Descartes absorbs the acquisitions. (MarketBeat)
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2026.
DSGX Financial Performance
Revenues and expenses
DSGX Earnings Performance
Company profitability
Upcoming events
No upcoming events
DSGX News
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Funds containing DSGX
Fund name | Fund size | $DSGX weighting |
|---|---|---|
Xtrackers MSCI World Small Cap$XSWC | $183M | 0.07% |
Invesco Dow Jones Islamic Global Developed Markets$IGDA | $1.1B | 0.01% |
Invesco FTSE All-World£FWRG | $4.8B | 0.01% |
Invesco FTSE All-World€FWIA | $4.8B | 0.01% |
SPDR MSCI All Country World IM€SPYI | $7.7B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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