Descartes Systems Group Inc. | Mid-cap | Technology
$101.44
-0.63%
| Descartes Systems Stock Comparison:
Descartes Systems vs SalesforceDescartes Systems vs IntuitDescartes Systems vs QxoDescartes Systems vs Altair EngineeringDescartes Systems vs DayforceDescartes Systems vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 651.0M
Gross Profit 492.4M 75.64%
Operating Income 188.6M 28.97%
Net Income 143.3M 22.01%
EPS (Diluted) $1.64

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 262.4M
Shareholders Equity 1.4B
Debt to Equity 0.19

Cash Flow Metrics

Operating Cash Flow 242.0M
Free Cash Flow 212.5M

Revenue & Profitability Trend

Descartes Systems Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue 651.0M 572.9M 486.0M 424.7M 348.7M
Cost of Goods Sold 158.6M 138.3M 113.3M 101.8M 89.9M
Gross Profit 492.4M 434.6M 372.7M 322.9M 258.8M
Operating Expenses 234.4M 209.6M 176.6M 153.9M 129.1M
Operating Income 188.6M 164.5M 135.9M 109.9M 73.7M
Pre-tax Income 191.6M 151.2M 133.7M 102.6M 70.4M
Income Tax 48.4M 35.2M 31.5M 16.3M 18.3M
Net Income 143.3M 115.9M 102.2M 86.3M 52.1M
EPS (Diluted) $1.64 $1.34 $1.18 $1.00 $0.61

Income Statement Trend

Descartes Systems Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets 352.6M 418.2M 358.7M 292.1M 203.1M
Non-Current Assets 1.3B 1.1B 957.4M 893.4M 860.2M
Total Assets 1.6B 1.5B 1.3B 1.2B 1.1B
Liabilities
Current Liabilities 217.0M 203.6M 169.6M 133.4M 104.3M
Non-Current Liabilities 45.4M 32.6M 47.1M 52.2M 47.9M
Total Liabilities 262.4M 236.3M 216.7M 185.6M 152.2M
Equity
Total Shareholders Equity 1.4B 1.2B 1.1B 999.8M 911.1M

Balance Sheet Composition

Descartes Systems Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income 143.3M 115.9M 102.2M 86.3M 52.1M
Operating Cash Flow 242.0M 206.9M 194.9M 170.2M 133.7M
Investing Activities
Capital Expenditures -6.7M -5.6M -6.1M -4.8M -3.8M
Investing Cash Flow -296.9M -148.3M -121.6M -95.1M -52.2M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -3.6M -14.7M -4.6M 448.0K -5.2M
Free Cash Flow 212.5M 202.1M 186.3M 171.3M 127.5M

Cash Flow Trend

Descartes Systems Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 61.07
Forward P/E 51.41
Price to Book 5.95
Price to Sales 12.96
PEG Ratio 51.41

Profitability Ratios

Profit Margin 21.67%
Operating Margin 29.42%
Return on Equity 10.66%
Return on Assets 7.38%

Financial Health

Current Ratio 1.35
Debt to Equity 0.55
Beta 0.60

Per Share Data

EPS (TTM) $1.65
Book Value per Share $16.93
Revenue per Share $7.81

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
dsgx 8.7B 61.07 5.95 10.66% 21.67% 0.55
Salesforce 251.8B 41.22 4.16 10.31% 16.08% 19.81
Intuit 211.8B 61.82 10.53 17.84% 19.07% 0.35
Qxo 14.1B 21.67 2.19 1.44% 65.40% 0.01
Altair Engineering 9.6B 699.06 11.17 1.81% 2.13% 30.23
Dayforce 9.0B 353.56 3.49 1.03% 1.43% 47.50

Financial data is updated regularly. All figures are in the company's reporting currency.