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TSX · Software - Application · CAD

The Descartes Systems Group Inc. (DSG.TO) Stock Analysis

The Descartes Systems Group Inc. (DSG.TO) is a Software - Application stock listed on TSX and quoted in Canadian Dollar.

DSG.TO

CA$109.13

−CA$2.35 (−2.11%)

Sep 4, 2026 · Market close

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Price History

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DSG.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$110.60
Previous Close
CA$111.48
Day's Range
107.34–110.80
52-Week Range
85.26–150.74
Volume
309.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.20
Valuation
Market Cap
CA$9.35B
P/E Ratio
38.98
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
24.57
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.67
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
12.40
EPS (ttm)Profit attributable to each share over the last twelve months.
2.80
Financials (FY)
Revenue (FY)
CA$728.99M+11.98%
Net Income (FY)
CA$163.77M+14.30%
Profit marginThe share of revenue left as profit after all costs and taxes.
23.35%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
85.69M
1-Year Return
−25.69%
Dividend and dates
Earnings Date
September 10, 2026
Avg Volume
450.61K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

DSG.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−9.37%
2025−26.31%
2024+46.77%
2023+17.95%
2022−9.78%
2021+40.52%
2020+34.14%
2019+54.04%
2018+0.81%
2017+24.83%
2016 (partial year)+7.71%

As of September 4, 2026.

DSG.TO Revenue and Earnings by Fiscal Year

FY ends January
Fiscal yearRevenueNet incomeNet margin
2025CA$728.99MCA$163.77M22.5%
2024CA$651.00MCA$143.27M22.0%
2023CA$572.93MCA$115.91M20.2%
2022CA$486.01MCA$102.24M21.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$728.99MCA$561.93MCA$220.41MCA$163.77M22.5%
2024CA$651.00MCA$492.43MCA$188.59MCA$143.27M22.0%
2023CA$572.93MCA$434.64MCA$164.50MCA$115.91M20.2%
2022CA$486.01MCA$372.69MCA$135.88MCA$102.24M21.0%

Annual figures as reported, in the company's reporting currency. As of January 31, 2026.

DSG.TO Valuation vs Software - Application Median

Median of 258 stocks
MetricDSG.TOSoftware - Application medianvs median
P/E38.9827.2043% above
P/S ratio12.402.824.4x the median
Profit margin23.35%0.00%23.3 pts above

Medians across 258 Software - Application stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The Descartes Systems Group Inc. (DSG.TO) carries a market capitalisation of CA$9.35B. It is classified in the Software - Application industry, within the Technology sector. The company reports 2,364 employees.

The most recent close on file for DSG.TO is CA$109.13, dated September 4, 2026. That is −CA$2.35 (−2.11%) against the previous close. The 52-week range on file runs from CA$85.26 to CA$150.74. The latest close sits 28% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$728.99M. That is +11.98% against the prior fiscal year, when revenue was CA$651.00M. The same year closed with net income of CA$163.77M. That is +14.30% against the prior fiscal year. The reported profit margin is 23.35%. That is 23.3 percentage points above the Software - Application median of 0%. Earnings per share on a trailing basis come to 2.8.

Across the 4 fiscal years on file, revenue moves from CA$486.01M in 2022 to CA$728.99M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 38.98 times earnings. That is 43.31% above the Software - Application median of 27.2. The forward P/E on file is 24.57. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.67. Measured against sales, the shares trade at 12.4 times revenue. On price-to-sales that is 4.4 times the Software - Application median of 2.82. 258 Software - Application companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned −25.69%. Measured over 10 years, that is +14.39% a year compounded. The reported beta is 0.2. Daily returns over the trailing 10 years annualize to a volatility of 29.28%.

Growth & Income

The record shows no dividend for DSG.TO.

Across the complete calendar years on file, 2019 returned +54.04% and 2025 returned −26.31%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the price is −9.37% year to date.

Peer Comparison

The Descartes Systems Group Inc. (DSG.TO) operates in the Software - Application industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
The Descartes Systems Group Inc. DSG.TO CA$9.35B 39.0
SAP SE SAP CA$248.28B 28.0
Salesforce, Inc. CRM CA$213.35B 24.2
Shopify Inc. SHOP CA$188.28B 98.0

The Software - Application industry average P/E ratio is 27.2x. The Descartes Systems Group Inc. trades at a P/E of 39.0.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About The Descartes Systems Group Inc.

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. Further, the company develops Tai TMS, a transportation management software for freight brokers to manage quoting, booking, and shipment tracking. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.

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