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The Descartes Systems Group
(TSX:DSG)
The Descartes Systems Group (DSG) vs. iShares MSCI Canada ETF (EWC)
The Descartes Systems Group Business Overview & Revenue Model
The Descartes Systems Group Earnings Call Summary
The Descartes Systems Group Financial Statement Overview
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 651.00M | 572.93M | 486.01M | 424.69M | 348.66M |
| Gross Profit | 492.43M | 434.64M | 372.69M | 322.88M | 258.75M |
| EBITDA | 263.58M | 218.49M | 200.30M | 167.96M | 133.22M |
| Net Income | 143.27M | 115.91M | 102.24M | 86.28M | 52.10M |
Balance Sheet | |||||
| Total Assets | 1.65B | 1.47B | 1.32B | 1.19B | 1.06B |
| Cash, Cash Equivalents and Short-Term Investments | 236.14M | 320.95M | 276.38M | 213.44M | 133.66M |
| Total Debt | 7.90M | 6.98M | 7.32M | 11.41M | 13.06M |
| Total Liabilities | 262.38M | 236.25M | 216.65M | 185.61M | 152.19M |
| Stockholders Equity | 1.39B | 1.24B | 1.10B | 999.82M | 911.07M |
Cash Flow | |||||
| Free Cash Flow | 212.53M | 202.12M | 186.32M | 171.31M | 127.47M |
| Operating Cash Flow | 219.27M | 207.68M | 192.40M | 176.14M | 131.23M |
| Investing Cash Flow | -296.95M | -148.26M | -121.63M | -95.11M | -52.16M |
| Financing Cash Flow | -3.63M | -14.74M | -4.60M | 1.52M | 5.56M |
The Descartes Systems Group Technical Analysis
The Descartes Systems Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $11.84B | 59.77 | 10.66% | ― | 17.42% | 22.81% | |
74 Outperform | C$5.74B | 405.04 | 2.32% | ― | 15.14% | -31.45% | |
74 Outperform | C$10.17B | 11.56 | 15.87% | 5.03% | -8.74% | 307.82% | |
74 Outperform | $1.10B | 35.97 | 41.12% | ― | 20.52% | 246.69% | |
73 Outperform | $1.27B | 16.08 | 13.26% | 7.15% | 5.12% | -2.77% | |
70 Outperform | C$11.62B | 126.27 | 9.89% | ― | 35.90% | 97.74% | |
56 Neutral | $3.12B | 5.00 | -5.68% | 6.01% | 7.96% | -51.05% |
The Descartes Systems Group Corporate Events
Walking Comfort, a Utah-based footwear retailer, has partnered with Descartes Systems Group to leverage Descartes Sellercloud™, a cloud-based ecommerce platform, to enhance their ecommerce operations. This collaboration has enabled Walking Comfort to streamline inventory and order management, reduce shipping costs by over 55%, and eliminate picking errors, thereby facilitating significant ecommerce growth. Descartes Sellercloud provides a comprehensive ecommerce ecosystem with over 350 integrations, allowing businesses to efficiently manage their operations across multiple sales channels.
The most recent analyst rating on (TSE:DSG) stock is a Buy with a C$145.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
Descartes Systems Group has acquired PackageRoute, a US-based provider of final-mile carrier solutions, for approximately $2 million. This acquisition aims to enhance Descartes’ capabilities in the final-mile delivery sector by integrating PackageRoute’s platform, which offers real-time visibility, route optimization, and fleet management for delivery service providers. The move is expected to provide substantial value to PackageRoute’s customers through Descartes’ existing GroundCloud solutions, further strengthening Descartes’ position in the logistics industry.
The most recent analyst rating on (TSE:DSG) stock is a Hold with a C$118.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
Descartes Systems Group announced the results of its annual shareholders’ meeting, where a significant 90.35% of common shares were represented. All ten director nominees proposed by management were elected, and KPMG LLP was appointed as the auditor. Additionally, the ‘Say-On-Pay’ resolution was approved, reflecting strong shareholder support for the company’s executive compensation policies.
The most recent analyst rating on (TSE:DSG) stock is a Hold with a C$118.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
The Descartes Systems Group announced record services revenues for the first quarter of fiscal 2026, with a 12% increase in total revenues compared to the same period last year. Despite a challenging economic environment, the company reported a net income increase of 4% and maintained a strong adjusted EBITDA margin of 45%, indicating robust operational performance and strategic growth in the logistics technology sector.
The most recent analyst rating on (TSE:DSG) stock is a Buy with a C$145.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
ArrowXL, the UK’s largest two-person home delivery specialist, has implemented Descartes’ route planning and execution solution to optimize its last mile delivery operations. This strategic move allows ArrowXL to automate its route planning, increasing transportation capacity and minimizing CO2 emissions, thereby enhancing operational efficiency and sustainability. The integration of Descartes’ cloud-based solution not only improves route productivity and reduces costs but also supports ArrowXL in maintaining a high level of customer experience by offering more delivery slots and improving service levels.
The most recent analyst rating on (TSE:DSG) stock is a Buy with a C$108.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
Descartes Systems Group’s annual ecommerce study reveals that younger consumers, particularly those aged 18-35, are significantly driving online buying growth despite a general slowdown in the ecommerce market. However, a notable 79% of these younger consumers have experienced delivery problems, highlighting a gap between consumer expectations and delivery performance. This dissatisfaction poses a risk to retailers and delivery partners as it could impact the potential lifetime customer value of this demographic. The study, conducted with 8,000 consumers across Europe and North America, aims to provide insights into ecommerce buying behaviors and home delivery performance, emphasizing the need for improved delivery experiences to meet consumer demands.
The most recent analyst rating on (TSE:DSG) stock is a Buy with a C$108.00 price target. To see the full list of analyst forecasts on The Descartes Systems Group stock, see the TSE:DSG Stock Forecast page.
Descartes Systems Group has announced that it will release its first quarter fiscal 2026 financial results on June 4, 2025, after the market closes. The company will host a conference call to discuss these results, providing stakeholders with insights into its financial performance. This announcement is significant for stakeholders as it provides an opportunity to assess the company’s financial health and strategic direction in the logistics software industry.
Descartes Systems Group has enhanced its Descartes Air Messaging™ solution to align with IATA’s ONE Record messaging standard, which aims to digitize air cargo messaging services by 2026. This advancement is expected to improve transparency, efficiency, and speed in air cargo operations, benefiting stakeholders by streamlining processes and reducing costs. The initiative is supported by Lufthansa Cargo, which sees it as a crucial step in providing customers with real-time data-sharing capabilities, thereby enhancing the customer experience in air cargo operations.
The Descartes Systems Group announced that Lane One Transport, a Texas-based freight brokerage leader, is automating its carrier communication and qualification processes using Parade CoDriver, an AI-powered solution integrated with Descartes’ Aljex transportation management system and MyCarrierPortal. This integration allows Lane One to enhance load coverage, gain pricing insights, and reduce carrier fraud risk by automating traditionally manual processes, thus improving operational efficiency and decision-making in carrier engagement.
Descartes Systems Group announced that Skypace, an international freight forwarder, is utilizing the Descartes Global Price Management solution to enhance its quote-to-book platform with accurate shipping rates, significantly improving the speed and accuracy of freight bookings. This integration has reduced rate processing times by 85% and increased pricing accuracy, leading to enhanced customer satisfaction and operational efficiencies. The solution allows Skypace to process over 20,000 freight quotes per hour, providing real-time rate visibility and transforming traditional processes into a seamless digital experience.
Descartes Systems Group announced that Skypace, an international freight forwarder, is utilizing the Descartes Global Price Management solution to enhance the speed and accuracy of its freight bookings. This integration has significantly reduced rate processing times by 85% and improved pricing accuracy, leading to increased customer satisfaction and operational efficiency. The solution enables Skypace to process over 20,000 freight quotes per hour, providing real-time rate visibility and transforming traditional rate management processes.