Dropbox (DBX) vs Descartes Systems Group (DSGX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Dropbox (DBX) has outperformed Descartes Systems Group (DSGX) over the past year, gaining 13.6% versus a loss of 15.8%. Over five years, DBX leads with a +9.2% price change compared with -3.9% for DSGX. Dropbox is the larger company by market cap ($7.42 billion vs $6.96 billion), about 1.1 times the size, while Descartes Systems Group is growing revenue faster (+12.0% vs -1.1%).
On valuation, Dropbox trades at a lower forward P/E (10.3x vs 23.9x for Descartes Systems Group). Descartes Systems Group converts more of its revenue into profit, with a net margin of 22.5% versus 20.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DBX | DSGX |
|---|---|---|
| Share price | $34.14 | $81.35 |
| Market cap | $7.42B | $6.96B |
| 1-day change | +3.20% | +1.60% |
| YTD return | +18.99% | -8.66% |
| 1-year return | +13.64% | -15.80% |
| 5-year return | +9.21% | -3.87% |
| P/E ratio (TTM) | 18.86 | 37.84 |
| Forward P/E | 10.33 | 23.93 |
| EPS (TTM) | $1.81 | $2.15 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.52B | $728.99M |
| Revenue growth (YoY) | -1.07% | +11.98% |
| Net income (latest FY) | $508.40M | $163.77M |
| Gross margin | 80.13% | 77.08% |
| Operating margin | 27.33% | 28.80% |
| Net margin | 20.17% | 22.46% |
| 52-week high | $38.17 | $98.35 |
| 52-week low | $21.70 | $62.56 |
| Distance from 52-week high | -10.56% | -17.29% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | -6.85% | +24.44% |
| Average volume | 4.18M | 588.18K |
| Shares outstanding | 142.30M | 85.55M |
| Employees | 2,113 | 2,364 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DBX has outperformed DSGX by 29.4 percentage points over the past year.
- Descartes Systems Group trades at a higher earnings multiple (37.8x vs 18.9x trailing P/E).
- Descartes Systems Group grew revenue faster in its latest fiscal year (+11.98% vs -1.07%).
About Dropbox
DBX stock →Dropbox, Inc. provides a content collaboration platform in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 2,113 employees
About Descartes Systems Group
DSGX stock →The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific.
Technology · Computer Software: Prepackaged Software · 2,364 employees
DBX vs DSGX FAQ
Which is bigger, Dropbox or Descartes Systems Group?
Dropbox (DBX) is larger, with a market capitalization of $7.42B compared with $6.96B for Descartes Systems Group (DSGX).
Which stock has performed better over the past year, DBX or DSGX?
DBX returned +13.64% over the past 12 months, compared with -15.80% for DSGX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DBX or DSGX?
DBX has the lower trailing P/E at 18.9, versus 37.8 for DSGX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Dropbox and Descartes Systems Group in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.