The Descartes Systems Group (The Descartes Systems Group) Pretax Margin % : 27.05% (As of Jan. 2024)

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What is The Descartes Systems Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Descartes Systems Group's Pre-Tax Income for the three months ended in Jan. 2024 was $40.1 Mil. The Descartes Systems Group's Revenue for the three months ended in Jan. 2024 was $148.2 Mil. Therefore, The Descartes Systems Group's pretax margin for the quarter that ended in Jan. 2024 was 27.05%.

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

DSGX' s Pretax Margin % Range Over the Past 10 Years
Min: 12.77 Med: 15.24 Max: 27.52
Current: 26.37

DSGX's Pretax Margin % is ranked better than
92.87% of 2762 companies
in the Software industry
Industry Median: 2.17 vs DSGX: 26.37

The Descartes Systems Group Pretax Margin % Historical Data

The historical data trend for The Descartes Systems Group's Pretax 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.

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The Descartes Systems Group Pretax Margin % Chart

The Descartes Systems Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Pretax Margin %

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14.74

20.18

24.16

27.52

26.38

The Descartes Systems Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Pretax Margin %	Get a 7-Day Free Trial															28.84	27.66	26.85	24.04	27.05

Competitive Comparison of The Descartes Systems Group's Pretax Margin %

For the Software - Application subindustry, The Descartes Systems Group's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Software Industry

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

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

The Descartes Systems Group Pretax Margin % Calculation

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

The Descartes Systems Group's Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	151.152	/	572.931
	=	26.38 %

The Descartes Systems Group's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	40.092	/	148.226
	=	27.05 %

The Descartes Systems Group (NAS:DSGX) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

The Descartes Systems Group Pretax Margin % Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DC2:Germany DC2:Germany DSG:Canada

Address

120 Randall Drive, Waterloo, ON, CAN, N2V 1C6

Website

https://www.descartes.com

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The 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 (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.