Constellation Software Inc.

TSX:CSU Stock Report

Market Cap: CA$50.9b

Constellation Software Management

Management criteria checks 2/4

Constellation Software's CEO is Mark Miller, appointed in Sep 2025, has a tenure of less than a year. directly owns 1.2% of the company’s shares, worth CA$610.98M. The average tenure of the management team and the board of directors is 4.9 years and 5.2 years respectively.

Key information

Mark Miller

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership1.2%
Management average tenure4.9yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

New Narrative Apr 07

AI Reinvestment Risks And Acquisition Pressures Will Still Support Long Term Earnings Potential

Catalysts About Constellation Software Constellation Software acquires, owns and operates vertical market software businesses that provide mission critical solutions to customers around the world. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 23

AI Adoption And Minority Stakes Will Reshape This Vertical Software Compounder

Catalysts About Constellation Software Constellation Software acquires and operates vertical market software businesses that provide mission critical solutions across many industries worldwide. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 09

AI Adoption And Permanent Minority Stakes Will Transform This Vertical Market Software Compounder

Catalysts About Constellation Software Constellation Software acquires and operates mission critical vertical market software businesses around the world. What are the underlying business or industry changes driving this perspective?
New Narrative Feb 22

Constellation Software: The Fortress the AI Panic Forgot to Account For

Headline: Constellation Software (CSU): Why the AI Sell-off is a Category Error (and a Generational Buy) The market is currently punishing Constellation Software by applying a "generic AI disruption" narrative that fundamentally misunderstands the DNA of the business. Investors are pricing CSU as if it were a commodity software play, when in reality, it is a holding company for critical digital infrastructure.
Analysis Article Feb 04

Constellation Software Inc.'s (TSE:CSU) 29% Cheaper Price Remains In Tune With Earnings

Unfortunately for some shareholders, the Constellation Software Inc. ( TSE:CSU ) share price has dived 29% in the last...
Analysis Article Jan 01

Constellation Software (TSE:CSU) Has A Rock Solid Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 03

With Constellation Software Inc. (TSE:CSU) It Looks Like You'll Get What You Pay For

Constellation Software Inc.'s ( TSE:CSU ) price-to-earnings (or "P/E") ratio of 73.3x might make it look like a strong...
Analysis Article Aug 29

Calculating The Fair Value Of Constellation Software Inc. (TSE:CSU)

Key Insights The projected fair value for Constellation Software is CA$4,996 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Jul 13

Subdued Growth No Barrier To Constellation Software Inc.'s (TSE:CSU) Price

You may think that with a price-to-sales (or "P/S") ratio of 7.3x Constellation Software Inc. ( TSE:CSU ) is a stock to...
Analysis Article Jun 13

Is Constellation Software (TSE:CSU) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jun 01

When Should You Buy Constellation Software Inc. (TSE:CSU)?

Today we're going to take a look at the well-established Constellation Software Inc. ( TSE:CSU ). The company's stock...
Analysis Article May 14

Constellation Software Inc. Just Missed Earnings - But Analysts Have Updated Their Models

The analysts might have been a bit too bullish on Constellation Software Inc. ( TSE:CSU ), given that the company fell...

CEO

Mark Miller (61 yo)

less than a year
Tenure
US$1,852,185
Compensation

Mr. Mark Robert Miller is Director of Topicus.com Inc. from March 2026. Mr. Miller is Director of VoxCell BioInnovation, Inc. from October 2025. He is President of Constellation Software Inc. from Septembe...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Miller
Presidentless than a yearUS$1.85m1.2%
CA$ 611.0m
Mark Leonard
Founder & Director31.3yrsno data1.85%
CA$ 939.1m
Jamal Baksh
CFO & Director13.2yrsUS$1.04m0.0092%
CA$ 4.7m
Bernard Anzarouth
Chief Investment Officerno datano data0.70%
CA$ 356.8m
Mark Dennison
General Counsel & Secretaryno datano data0.014%
CA$ 7.1m
Farley Noble
Senior Vice President of Large Investments & Strategy4.9yrsno datano data
Daan Dijkhuizen
Managing Partner4.5yrsno datano data
Damian McKay
Chief Executive Officer of Vela Software Group5.7yrsUS$1.96m0.012%
CA$ 6.0m
Daniel Zinman
President & CEO of Perseus Operating Group3.3yrsUS$2.02m0.051%
CA$ 26.0m
4.9yrs
Average Tenure
61yo
Average Age

Experienced Management: CSU's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Miller
Presidentless than a yearUS$1.85m1.2%
CA$ 611.0m
Mark Leonard
Founder & Director31.3yrsno data1.85%
CA$ 939.1m
Jamal Baksh
CFO & Director1yrUS$1.04m0.0092%
CA$ 4.7m
Robert Kittel
Lead Independent Director12.8yrsUS$100.00k0.0059%
CA$ 3.0m
Donna Parr
Independent Director5.9yrsUS$60.00k0.00036%
CA$ 183.1k
John Billowits
Chairman of the Board5.9yrsUS$60.00k0.16%
CA$ 83.0m
Laurie Schultz
Independent Director4.5yrsUS$72.50k0.0017%
CA$ 885.1k
Claire M. Kennedy
Independent Director4yrsUS$72.50k0.0010%
CA$ 529.0k
Andrew Pastor
Independent Director5.9yrsUS$80.00k0.00067%
CA$ 340.8k
Lawrence Cunningham
Independent Vice Chairman of the Board2.5yrsUS$120.00k0.010%
CA$ 5.3m
5.2yrs
Average Tenure
59.5yo
Average Age

Experienced Board: CSU's board of directors are considered experienced (5.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 16:48
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Constellation Software Inc. is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Richard TseATB Cormark Historical (Cormark Securities)
Phillip HuangBarclays