Constellation Software (MEX:CSUN) Net Margin %: 11.54% (As of Mar. 2026) — 38% Above Median


MEX:CSUN Constellation Software Inc MEX:CSUN
65 GF Score
Price MXN33,833.42
GF Value MXN67,444.26
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Constellation Software Net Margin %?

Constellation Software MEX:CSUN -9.71% 65 Net Margin % is 11.54% as of Mar. 2026, which is 38% above its 10-year median of 8.34. GuruFocus rates MEX:CSUN with a GF Score™ of 65/100 and a GF Value™ of MXN67,444.26 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,825 Software companies, Constellation Software ranks better than 62.8% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Constellation Software's Net Income for the three months ended in Mar. 2026 was MXN6,618 Mil. Constellation Software's Revenue for the three months ended in Mar. 2026 was MXN57,362 Mil. Therefore, Constellation Software's net margin for the quarter that ended in Mar. 2026 was 11.54%.

The historical rank and industry rank for Constellation Software's Net Margin % or its related term are showing as below:

MEX:CSUN' s Net Margin % Range Over the Past 10 Years
Min: 4.41   Med: 8.34   Max: 12.38
Current: 6.12


MEX:CSUN's Net Margin % is ranked better than
62.8% of 2825 companies
in the Software industry
Industry Median: 2.54 vs MEX:CSUN: 6.12

Constellation Software  (MEX:CSUN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Constellation Software Net Margin % Related Terms


Constellation Software Net Margin % Historical Data

* Premium members only.

The historical data trend for Constellation Software's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Constellation Software Net Margin % Chart

Constellation Software Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 7.73 6.72 7.26 4.41

Constellation Software Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 1.97 7.13 3.46 11.54

MEX:CSUN vs CRM, SHOP, UBER: Net Margin % Comparison

For the Software - Application subindustry, Constellation Software's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Constellation Software Net Margin % vs Software Industry

For the Software industry and Technology sector, Constellation Software's Net Margin % distribution charts can be found below:

* The bar in red indicates where Constellation Software's Net Margin % falls into.


MEX:CSUN
65GF Score
Constellation Software Inc MEX:CSUN
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Constellation Software Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Constellation Software's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9218.918/209280.251
=4.41 %

Constellation Software's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=6618.001/57362.019
=11.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 11.54% mean?
Constellation Software (MEX:CSUN) has a Net Margin % of 11.54% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Constellation Software and its competitors. This is 38% above median its historical median of 8.34. Over the past decade, Constellation Software's Net Margin % has ranged from 4.41 to 12.38. According to the industry distribution chart, Constellation Software ranks #1051 out of 2825 companies in the Software industry, placing it in the top 37.2%.
Is Constellation Software's Net Margin % too high?
Constellation Software's current Net Margin % of 11.54% is 38% above median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 4.41 to a high of 12.38. The Software industry median Net Margin % is 2.54. Constellation Software's value of 11.54% is 354.3% above this industry median. Based on the distribution chart, Constellation Software ranks #1051 out of 2825 companies in the Software industry, which is above the industry midpoint. Overall, Constellation Software has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Software's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Constellation Software ranks #1051 out of 2825 companies for Net Margin %. This puts Constellation Software in the upper half of its industry. The industry median Net Margin % is 2.54. Constellation Software's value of 11.54% is 354.3% above this benchmark. Historically, Constellation Software's own Net Margin % has ranged from 4.41 to 12.38 over the past decade. While the company's 10-year median is 8.34 vs. the industry median of 2.54, Constellation Software has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Software's current Net Margin % of 11.54% is 354.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Constellation Software and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Software's current Net Margin % is 11.54%, which is 38% above median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Software stock overvalued right now?
Based on GuruFocus' analysis, Constellation Software (MEX:CSUN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN67,444.26, compared to a current price of MXN33,833.42 — trading 49.8% below its estimated fair value. The current Net Margin % is 11.54%, which is 38% above median its 10-year median of 8.34 and 354.3% above the Software industry median of 2.54. Constellation Software's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Constellation Software (MEX:CSUN), the current Net Margin % is 11.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Constellation Software (MEX:CSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Constellation Software stock appears to be undervalued. The current stock price of MXN33,833.42 is trading 49.8% below its estimated GF Value™ of MXN67,444.26. GuruFocus considers Constellation Software to be Significantly Undervalued.

Key valuation signals for MEX:CSUN:

  • Net Margin %: 11.54% (38% above median its 10-year median of 8.34)
  • GF Value™: MXN67,444.26 vs. price of MXN33,833.42 (49.8% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 354.3% above the Software median (#1051 of 2825)

No single metric tells the full story. See the MEX:CSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Constellation Software Business Description

Address 66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6
Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2026, Constellation consisted of over 1,000 individual businesses.
65GF Score

Get the complete analysis for MEX:CSUN

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN33,833.42
Price
MXN67,444.26
GF Value