The Descartes Systems Group (MEX:DSG N) Net Margin %: 25.04% (As of Apr. 2026) — 42% Above Median


MEX:DSG N The Descartes Systems Group Inc MEX:DSG N
85 GF Score
Price MXN1,264.95
GF Value MXN2,129.50
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What is The Descartes Systems Group Net Margin %?

The Descartes Systems Group MEX:DSG N 85 Net Margin % is 25.04% as of Apr. 2026, which is 42% above its 10-year median of 17.59. GuruFocus rates MEX:DSG N with a GF Score™ of 85/100 and a GF Value™ of MXN2,129.50. Among 2,825 Software companies, The Descartes Systems Group ranks better than 92.46% on this metric.

Net margin is calculated as Net Income divided by its Revenue. The Descartes Systems Group's Net Income for the three months ended in Apr. 2026 was MXN849 Mil. The Descartes Systems Group's Revenue for the three months ended in Apr. 2026 was MXN3,391 Mil. Therefore, The Descartes Systems Group's net margin for the quarter that ended in Apr. 2026 was 25.04%.

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

MEX:DSG N' s Net Margin % Range Over the Past 10 Years
Min: 11.32   Med: 17.59   Max: 23.35
Current: 23.35


MEX:DSG N's Net Margin % is ranked better than
92.46% of 2825 companies
in the Software industry
Industry Median: 2.54 vs MEX:DSG N: 23.35

The Descartes Systems Group  (MEX:DSG N) 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.


The Descartes Systems Group Net Margin % Related Terms


The Descartes Systems Group Net Margin % Historical Data

* Premium members only.

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Net Margin % Chart

The Descartes Systems Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.32 21.04 20.23 22.01 22.46

The Descartes Systems Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 21.48 21.14 23.39 23.66 25.04

MEX:DSG N vs CRM, SHOP, UBER: Net Margin % Comparison

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group Net Margin % vs Software Industry

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

* The bar in red indicates where The Descartes Systems Group's Net Margin % falls into.


MEX:DSG N
85GF Score
The Descartes Systems Group Inc MEX:DSG N
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Descartes Systems Group 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.

The Descartes Systems Group's Net Margin for the fiscal year that ended in Jan. 2026 is calculated as

Net Margin=Net Income (A: Jan. 2026 )/Revenue (A: Jan. 2026 )
=2841.243/12647.501
=22.46 %

The Descartes Systems Group's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=849.11/3391.485
=25.04 %

* 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 25.04% mean?
The Descartes Systems Group (MEX:DSG N) has a Net Margin % of 25.04% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on The Descartes Systems Group and its competitors. This is 42% above median its historical median of 17.59. Over the past decade, The Descartes Systems Group's Net Margin % has ranged from 11.32 to 23.35. According to the industry distribution chart, The Descartes Systems Group ranks #213 out of 2825 companies in the Software industry, placing it in the top 7.5%.
Is The Descartes Systems Group's Net Margin % too high?
The Descartes Systems Group's current Net Margin % of 25.04% is 42% above median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 11.32 to a high of 23.35. The Software industry median Net Margin % is 2.54. The Descartes Systems Group's value of 25.04% is 885.8% above this industry median. Based on the distribution chart, The Descartes Systems Group ranks #213 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, The Descartes Systems Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #213 out of 2825 companies for Net Margin %. This places The Descartes Systems Group in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. The Descartes Systems Group's value of 25.04% is 885.8% above this benchmark. Historically, The Descartes Systems Group's own Net Margin % has ranged from 11.32 to 23.35 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 2.54, The Descartes Systems Group 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. The Descartes Systems Group's current Net Margin % of 25.04% is 885.8% 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 The Descartes Systems Group 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. The Descartes Systems Group's current Net Margin % is 25.04%, which is 42% above median its own 10-year median of 17.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
The Descartes Systems Group (MEX:DSG N) has a current Net Margin % of 25.04%. The stock's GF Value™ is MXN2,129.50, compared to a current price of MXN1,264.95 — trading 40.6% below its estimated fair value. The current Net Margin % is 25.04%, which is 42% above median its 10-year median of 17.59 and 885.8% above the Software industry median of 2.54. The Descartes Systems Group's overall GF Score™ is 85/100. 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 The Descartes Systems Group (MEX:DSG N), the current Net Margin % is 25.04% as of Apr. 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 The Descartes Systems Group (MEX:DSG N) Overvalued in 2026?

Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued. The current stock price of MXN1,264.95 is trading 40.6% below its estimated GF Value™ of MXN2,129.50.

Key valuation signals for MEX:DSG N:

  • Net Margin %: 25.04% (42% above median its 10-year median of 17.59)
  • GF Value™: MXN2,129.50 vs. price of MXN1,264.95 (40.6% below fair value)
  • GF Score™: 85/100
  • Industry Position: 885.8% above the Software median (#213 of 2825)

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


The Descartes Systems Group Business Description

Address 120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
85GF Score

Get the complete analysis for MEX:DSG N

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

MXN1,264.95
Price
MXN2,129.50
GF Value