profit from every $100 of sales.
$0$100
The Descartes Systems Group
$94.39-1.13% today
+14.7% in 1 year
1-year low $62.821-year high $95.99
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay $49.31 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What The Descartes Systems Group sold, what it kept, and what it did with the cash.
Sales went from $486 million in 2023 to $729 million in 2026, with $164 million of profit last year.
SalesProfit
The Descartes Systems Group handed back 0% of the cash it generated last year.
Buybacks $892,000
Free cash flow 2026$261M
Bought back its own shares$892,000
Paid as dividends–
Cash vs. debt$357M vs. $8M
The Descartes Systems Group vs. similar companies
The Descartes Systems Group grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| The Descartes Systems Group | 49.3× · Expensive | ||
 SAP | 34.4× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.7× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads The Descartes Systems Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 486 | 573 | 651 | 729 | |
| 373 | 435 | 492 | 562 | |
| 136 | 164 | 189 | 220 | |
| 200 | 218 | 268 | 305 | |
| 102 | 116 | 143 | 164 | |
| 1.18 | 1.34 | 1.64 | 1.87 | |
| 76.7% | 75.9% | 75.6% | 77.1% | |
| 28.0% | 28.7% | 29.0% | 30.2% | |
| 21.0% | 20.2% | 22.0% | 22.5% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 1,316 | 1,474 | 1,647 | 1,896 |
| Cash | 276 | 321 | 236 | 357 |
| Total debt | 7 | 7 | 8 | 8 |
| Total liabilities | 217 | 236 | 262 | 277 |
| 1,099 | 1,238 | 1,385 | 1,619 | |
| 86 | 87 | 87 | 88 | |
| 9.6% | 9.7% | 10.9% | 10.6% | |
| 9.3% | 9.4% | 10.3% | 10.1% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 192 | 208 | 219 | 266 | |
| 6 | 6 | 7 | 6 | |
| 186 | 202 | 213 | 261 | |
| Dividends paid | – | – | – | – |
| – | 0 | 0 | 1 | |
| 14 | 16 | 20 | 21 |
Valuation
- 49.3×
- 40.4×
- 2.97
- 5.0×
- 11.1×
- 31.0×
- 25.3×
- 3.2%
- 2.0%
- 0.0%
Profitability
- 77.1%
- 30.2%
- 22.5%
- 42.9%
- 10.9%
- 10.5%
- 11.3%
- 9.2%
- 14.1%
- 14.3%
Growth
- +14.5%
- +16.6%
- +25.3%
- –
- +0.4%
Financial health
- -1.1×
- 0.01
- 0.4%
- 225.5×
- 2.16
- 2.05
- 0.39
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 35%of 977
Top 7%of 977
Bottom 27%of 748
Top 34%of 982
Top 40%of 984
What analysts expect
- Average price target
- $103.50
- Range
- $82.00 – $126.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 11, 2026 | 0.52 | 0.50 | +4.0% |
| Dec 3, 2025 | 0.50 | 0.46 | +9.7% |
| Sep 3, 2025 | 0.43 | 0.43 | +0.7% |
| Jun 4, 2025 | 0.41 | 0.45 | −8.2% |
| Apr 22, 2025 | 0.43 | – | – |
| Dec 3, 2024 | 0.42 | 0.40 | +5.0% |
| Sep 4, 2024 | 0.40 | 0.38 | +5.3% |
| May 29, 2024 | 0.40 | 0.39 | +2.6% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
74Pass
Benjamin Graham
47No pass
Philip Fisher
73Pass
Peter Lynch
52No pass
Joel Greenblatt
14No pass
Charlie Munger
65Pass
Terry Smith
65Pass
Questions about The Descartes Systems Group
Is The Descartes Systems Group a good stock to buy?
A strong, very profitable business, but the price is high. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Descartes Systems Group AI analysis
What does The Descartes Systems Group do?
The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific. It is in Software - Application, based in Waterloo, ON, Canada, with 2,364 employees.
Does The Descartes Systems Group pay a dividend?
No. The Descartes Systems Group does not pay a dividend at the moment; in 2026 it returned $892,000 to shareholders by buying back its own shares.
Is The Descartes Systems Group stock halal?
Yes. The Descartes Systems Group passes our halal screen: its business is permitted and its debt is 0.1% of its market value, under the 30% limit. How we check
How has The Descartes Systems Group stock done over the past year?
Up 14.7% over the past twelve months, to $94.39. It traded between $62.82 and $95.99, close to its high.
Who are The Descartes Systems Group's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with The Descartes Systems Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.