Constellation Software Inc
TSX:CSU

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Constellation Software Inc Logo
Constellation Software Inc
TSX:CSU
Watchlist
Price: 3 255.35 CAD -0.04% Market Closed
Market Cap: 69B CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+81%
5Y
+191%
10Y
+531%
Operating Income
+
3Y
+114%
5Y
+190%
10Y
+641%
Net Income
+
3Y
+38%
5Y
+75%
10Y
+342%

Earnings Waterfall
Constellation Software Inc

Revenue
11.1B USD
Cost of Revenue
-189m USD
Gross Profit
11B USD
Operating Expenses
-9.2B USD
Operating Income
1.8B USD
Other Expenses
-1.1B USD
Net Income
666m USD

Income Statement
Constellation Software Inc

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Income Statement
Currency: USD
Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
4
0
0
0
6
0
0
0
6
1
1
0
3
1
2
2
1
4
6
9
14
15
16
17
19
21
23
24
24
23
23
26
27
27
27
26
26
30
33
36
39
39
40
40
43
46
49
54
55
57
64
75
93
109
130
147
168
197
217
243
255
259
0
0
Revenue
165
N/A
182
+10%
194
+6%
205
+6%
211
+3%
215
+2%
224
+4%
230
+3%
243
+5%
261
+7%
278
+7%
298
+7%
331
+11%
354
+7%
378
+7%
404
+7%
438
+8%
486
+11%
538
+11%
594
+10%
634
+7%
667
+5%
708
+6%
747
+5%
773
+4%
791
+2%
805
+2%
829
+3%
891
+8%
952
+7%
1 042
+9%
1 131
+9%
1 211
+7%
1 349
+11%
1 467
+9%
1 570
+7%
1 669
+6%
1 697
+2%
1 725
+2%
1 767
+2%
1 838
+4%
1 902
+3%
1 988
+4%
2 073
+4%
2 125
+3%
2 193
+3%
2 265
+3%
2 356
+4%
2 479
+5%
2 643
+7%
2 795
+6%
2 917
+4%
3 060
+5%
3 161
+3%
3 255
+3%
3 366
+3%
3 490
+4%
3 625
+4%
3 701
+2%
3 834
+4%
3 969
+4%
4 192
+6%
4 519
+8%
4 815
+7%
5 106
+6%
5 361
+5%
5 730
+7%
6 156
+7%
6 622
+8%
7 110
+7%
7 531
+6%
7 932
+5%
8 407
+6%
8 841
+5%
9 271
+5%
9 686
+4%
10 066
+4%
10 367
+3%
10 742
+4%
11 149
+4%
Gross Profit
Cost of Revenue
(64)
(71)
(75)
(80)
(82)
(83)
(86)
(87)
(92)
(99)
(105)
(112)
(125)
(132)
(140)
(151)
(167)
(140)
(111)
(85)
(45)
(48)
(56)
(61)
(61)
(61)
(55)
(51)
(61)
(65)
(71)
(77)
(73)
(76)
(80)
(77)
(80)
(79)
(77)
(81)
(90)
(91)
(94)
(94)
(82)
(80)
(82)
(84)
(93)
(94)
(95)
(93)
(96)
(99)
(97)
(100)
(101)
(103)
(103)
(103)
(97)
(96)
(97)
(97)
(99)
(103)
(109)
(115)
(134)
(141)
(148)
(159)
(158)
(158)
(159)
(160)
(169)
(175)
(181)
(189)
Gross Profit
101
N/A
111
+10%
118
+7%
125
+6%
129
+3%
132
+3%
138
+4%
143
+4%
151
+5%
162
+7%
173
+7%
186
+7%
206
+11%
222
+8%
238
+7%
254
+7%
271
+7%
345
+27%
426
+23%
508
+19%
589
+16%
619
+5%
652
+5%
686
+5%
712
+4%
730
+2%
750
+3%
778
+4%
830
+7%
887
+7%
971
+9%
1 054
+9%
1 137
+8%
1 273
+12%
1 387
+9%
1 493
+8%
1 590
+7%
1 619
+2%
1 648
+2%
1 686
+2%
1 748
+4%
1 812
+4%
1 893
+5%
1 979
+5%
2 043
+3%
2 113
+3%
2 183
+3%
2 271
+4%
2 387
+5%
2 548
+7%
2 700
+6%
2 824
+5%
2 964
+5%
3 062
+3%
3 157
+3%
3 266
+3%
3 389
+4%
3 522
+4%
3 598
+2%
3 731
+4%
3 872
+4%
4 096
+6%
4 422
+8%
4 718
+7%
5 007
+6%
5 258
+5%
5 621
+7%
6 041
+7%
6 488
+7%
6 969
+7%
7 383
+6%
7 773
+5%
8 249
+6%
8 683
+5%
9 112
+5%
9 526
+5%
9 897
+4%
10 192
+3%
10 561
+4%
10 960
+4%
Operating Income
Operating Expenses
(92)
(102)
(109)
(116)
(120)
(122)
(125)
(128)
(135)
(145)
(158)
(171)
(188)
(202)
(215)
(229)
(247)
(319)
(397)
(473)
(547)
(573)
(593)
(617)
(628)
(642)
(662)
(689)
(737)
(798)
(874)
(958)
(1 023)
(1 144)
(1 251)
(1 323)
(1 415)
(1 410)
(1 420)
(1 442)
(1 483)
(1 538)
(1 587)
(1 647)
(1 703)
(1 756)
(1 816)
(1 900)
(1 996)
(2 146)
(2 290)
(2 390)
(2 486)
(2 571)
(2 638)
(2 733)
(2 878)
(2 972)
(3 029)
(3 111)
(3 190)
(3 362)
(3 635)
(3 901)
(4 151)
(4 402)
(4 764)
(5 201)
(5 608)
(6 060)
(6 416)
(6 683)
(7 062)
(7 409)
(7 789)
(8 141)
(8 433)
(8 657)
(8 871)
(9 159)
Selling, General & Administrative
(53)
(58)
(61)
(64)
(65)
(67)
(68)
(69)
(73)
(77)
(83)
(88)
(93)
(99)
(102)
(106)
(118)
(179)
(245)
(312)
(376)
(393)
(408)
(423)
(432)
(440)
(452)
(469)
(503)
(546)
(598)
(651)
(699)
(780)
(848)
(902)
(1 201)
(1 016)
(1 019)
(1 031)
(997)
(1 033)
(1 077)
(1 130)
(1 167)
(1 286)
(1 405)
(1 538)
(1 390)
(1 822)
(1 948)
(2 039)
(1 771)
(2 200)
(2 266)
(2 341)
(1 960)
(2 539)
(2 563)
(2 621)
(2 107)
(2 821)
(3 064)
(3 298)
(2 779)
(3 722)
(4 036)
(4 392)
(3 816)
(5 171)
(5 492)
(5 751)
(4 848)
(6 350)
(6 662)
(6 959)
(5 780)
(7 410)
(7 595)
(7 838)
Research & Development
(25)
(27)
(29)
(31)
(33)
(34)
(34)
(35)
(37)
(40)
(42)
(45)
(48)
(51)
(55)
(60)
(66)
(73)
(80)
(84)
(86)
(88)
(92)
(98)
(104)
(108)
(112)
(118)
(126)
(137)
(149)
(164)
(175)
(200)
(222)
(234)
0
(186)
(186)
(190)
(259)
(270)
(279)
(287)
(294)
0
0
0
(341)
0
0
0
(421)
0
0
0
(491)
0
0
0
(579)
0
0
0
(732)
0
0
0
(948)
0
0
0
(1 215)
0
0
0
(1 437)
0
0
0
Depreciation & Amortization
(15)
(16)
(17)
(18)
(20)
(21)
(22)
(23)
(25)
(29)
(33)
(38)
(46)
(53)
(58)
(64)
(64)
(65)
(69)
(71)
(75)
(79)
(81)
(83)
(85)
(85)
(87)
(90)
(93)
(100)
(111)
(123)
(129)
(147)
(163)
(174)
(190)
(188)
(188)
(192)
(197)
(204)
(204)
(200)
(213)
(219)
(232)
(250)
(253)
(271)
(286)
(298)
(306)
(327)
(346)
(376)
(423)
(446)
(471)
(493)
(508)
(535)
(568)
(604)
(639)
(670)
(719)
(769)
(819)
(873)
(923)
(963)
(1 021)
(1 075)
(1 125)
(1 187)
(1 226)
(1 258)
(1 291)
(1 333)
Other Operating Expenses
(0)
(1)
(2)
(2)
(2)
(1)
0
(0)
(0)
(0)
0
0
0
0
0
0
0
(2)
(4)
(6)
(10)
(13)
(11)
(13)
(8)
(10)
(11)
(12)
(14)
(15)
(17)
(20)
(20)
(17)
(17)
(14)
(24)
(19)
(28)
(29)
(29)
(31)
(27)
(30)
(29)
(251)
(179)
(112)
(12)
(53)
(56)
(53)
11
(44)
(26)
(16)
(4)
13
5
3
4
(6)
(3)
1
(1)
(10)
(9)
(40)
(25)
(16)
(1)
31
22
16
(2)
5
10
11
15
12
Operating Income
9
N/A
9
+9%
10
+4%
9
-7%
9
-2%
10
+14%
13
+31%
16
+19%
16
+0%
16
+2%
15
-6%
15
+0%
18
+20%
20
+10%
23
+17%
24
+5%
24
-1%
26
+9%
29
+9%
36
+23%
42
+17%
46
+9%
59
+30%
69
+16%
84
+22%
88
+4%
88
0%
89
+2%
93
+5%
89
-5%
97
+9%
97
0%
115
+19%
129
+12%
137
+6%
169
+24%
175
+3%
209
+20%
228
+9%
243
+7%
265
+9%
274
+3%
306
+12%
332
+8%
339
+2%
357
+5%
368
+3%
372
+1%
391
+5%
402
+3%
409
+2%
434
+6%
478
+10%
491
+3%
519
+6%
533
+3%
511
-4%
550
+8%
569
+3%
620
+9%
682
+10%
734
+8%
787
+7%
817
+4%
856
+5%
856
N/A
857
+0%
840
-2%
880
+5%
909
+3%
967
+6%
1 090
+13%
1 187
+9%
1 274
+7%
1 323
+4%
1 385
+5%
1 464
+6%
1 535
+5%
1 690
+10%
1 801
+7%
Pre-Tax Income
Interest Income Expense
(0)
(1)
(1)
(1)
1
2
1
1
(1)
(1)
(0)
(0)
(1)
(1)
(3)
(5)
(7)
(7)
(8)
(8)
(9)
(7)
(7)
(4)
(2)
0
1
(0)
17
15
14
14
(2)
(2)
(4)
(14)
(23)
(19)
(19)
(5)
3
(21)
(30)
(31)
(39)
(16)
(10)
(29)
(32)
(7)
(13)
(11)
(17)
(31)
(40)
(44)
(48)
(47)
(45)
(37)
(44)
(38)
(44)
(42)
(51)
(68)
(43)
(18)
(52)
(71)
(126)
(172)
(201)
(204)
(202)
(261)
(196)
(241)
(354)
(495)
Non-Reccuring Items
(5)
(19)
(15)
(15)
(10)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
1
(0)
0
0
0
0
0
0
0
8
0
0
0
2
0
0
0
0
0
0
0
0
0
0
5
10
10
10
6
69
96
96
103
45
12
25
27
31
(225)
(264)
(274)
(288)
(27)
(1)
3
11
(179)
(274)
(315)
(568)
(445)
(354)
(319)
(76)
(15)
(15)
(23)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
0
(0)
1
(0)
(1)
(3)
(3)
(3)
(3)
0
(9)
(12)
(18)
(23)
(22)
(19)
(18)
(14)
(27)
(42)
(47)
(47)
(42)
(40)
(45)
(44)
(57)
(53)
(49)
(52)
(59)
(65)
(75)
(66)
(109)
(120)
(122)
(143)
(110)
(113)
(120)
(114)
(128)
(134)
(127)
(153)
(192)
(161)
(165)
(181)
(167)
(282)
(275)
Pre-Tax Income
4
N/A
(11)
N/A
(6)
+45%
(6)
-8%
(0)
+99%
12
N/A
14
+23%
16
+13%
15
-8%
15
+2%
15
-5%
15
+0%
17
+16%
19
+9%
20
+10%
19
-4%
17
-10%
19
+11%
21
+10%
28
+31%
34
+23%
38
+12%
52
+35%
66
+28%
82
+23%
88
+7%
88
+0%
89
+1%
111
+25%
105
-5%
111
+5%
110
-1%
118
+7%
124
+4%
130
+5%
152
+17%
155
+2%
182
+18%
198
+9%
219
+11%
244
+11%
231
-6%
257
+11%
282
+10%
286
+1%
314
+10%
316
+0%
301
-5%
321
+7%
364
+13%
366
+1%
383
+5%
485
+27%
499
+3%
523
+5%
543
+4%
456
-16%
456
N/A
484
+6%
535
+11%
603
+13%
362
-40%
359
-1%
379
+6%
374
-1%
651
+74%
700
+8%
705
+1%
725
+3%
531
-27%
433
-18%
476
+10%
265
-44%
433
+63%
606
+40%
640
+6%
1 011
+58%
1 112
+10%
1 039
-7%
1 008
-3%
Net Income
Tax Provision
(3)
(3)
(3)
(2)
(1)
(2)
(2)
(3)
(4)
(3)
(2)
(2)
(2)
(4)
(6)
(5)
(7)
(5)
(8)
(9)
(4)
46
86
82
75
21
(18)
(17)
(18)
(17)
(22)
(19)
(25)
(31)
(33)
(46)
(52)
(55)
(61)
(69)
(67)
(68)
(72)
(75)
(80)
(86)
(91)
(89)
(99)
(99)
(101)
(106)
(106)
(116)
(118)
(123)
(123)
(128)
(146)
(156)
(167)
(183)
(185)
(206)
(206)
(197)
(190)
(173)
(175)
(175)
(185)
(202)
(204)
(216)
(228)
(244)
(244)
(279)
(309)
(303)
Income from Continuing Operations
1
(14)
(9)
(9)
(1)
10
12
13
11
13
13
13
15
14
15
14
10
14
13
19
30
84
138
149
157
109
70
72
93
88
90
91
93
93
97
106
103
127
137
151
177
163
185
207
207
229
225
212
222
264
265
276
379
384
405
420
333
328
338
379
436
179
174
173
168
454
510
532
550
356
248
274
61
217
378
396
767
833
730
705
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
166
177
162
142
(37)
(56)
(48)
(38)
152
238
253
503
357
269
238
(37)
(92)
(110)
(39)
Net Income (Common)
1
N/A
(14)
N/A
(9)
+35%
(9)
+2%
(1)
+86%
10
N/A
12
+22%
13
+8%
11
-16%
13
+16%
13
-1%
13
0%
15
+18%
14
-4%
15
+2%
14
-4%
10
-28%
14
+42%
13
-10%
19
+47%
30
+57%
84
+181%
138
+64%
149
+8%
157
+6%
109
-31%
70
-35%
72
+3%
93
+29%
88
-5%
90
+2%
91
+1%
93
+3%
93
0%
97
+4%
106
+10%
103
-3%
127
+23%
137
+8%
151
+10%
177
+18%
163
-8%
185
+14%
207
+12%
207
0%
229
+11%
225
-2%
212
-6%
222
+5%
264
+19%
265
+0%
276
+4%
379
+37%
384
+1%
405
+5%
421
+4%
333
-21%
330
-1%
340
+3%
380
+12%
436
+15%
344
-21%
349
+1%
334
-4%
310
-7%
417
+35%
455
+9%
484
+6%
512
+6%
508
-1%
485
-5%
526
+8%
565
+7%
575
+2%
649
+13%
636
-2%
731
+15%
741
+1%
620
-16%
666
+7%
EPS (Diluted)
0.03
N/A
-0.68
N/A
-0.42
+38%
-0.41
+2%
-0.06
+85%
0.47
N/A
0.58
+23%
0.63
+9%
0.52
-17%
0.61
+17%
0.6
-2%
0.6
N/A
0.71
+18%
0.69
-3%
0.71
+3%
0.68
-4%
0.48
-29%
0.69
+44%
0.62
-10%
0.9
+45%
1.42
+58%
3.98
+180%
6.51
+64%
7.01
+8%
7.42
+6%
5.13
-31%
3.32
-35%
3.4
+2%
4.37
+29%
4.14
-5%
4.22
+2%
4.28
+1%
4.39
+3%
4.38
0%
4.55
+4%
5.01
+10%
4.86
-3%
6
+23%
6.46
+8%
7.11
+10%
8.36
+18%
7.69
-8%
8.75
+14%
9.77
+12%
9.76
0%
10.79
+11%
10.6
-2%
9.98
-6%
10.47
+5%
12.46
+19%
12.5
+0%
13.04
+4%
17.9
+37%
18.11
+1%
19.1
+5%
19.87
+4%
15.71
-21%
15.57
-1%
16.05
+3%
17.94
+12%
20.57
+15%
16.24
-21%
16.47
+1%
15.76
-4%
14.63
-7%
19.67
+34%
21.47
+9%
22.84
+6%
24.16
+6%
23.98
-1%
22.89
-5%
24.82
+8%
26.66
+7%
27.13
+2%
30.62
+13%
30.01
-2%
34.49
+15%
34.97
+1%
29.26
-16%
31.43
+7%

See Also

Summary
CSU intrinsic value, competitors valuation, and company profile.
DCF Valuation
CSU stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CSU stock valuation using valuation multiples.
Wall Street Estimates
CSU price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CSU stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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