Skip to content
OpenCapital
Get started

Progress Software PRGS Interest coverage

Interest coverage at other companies

International Business Machines logo
International Business MachinesIBM
6.4×+2.0×
Oracle logo
OracleORCL
4.7×-0.2×
Broadcom Inc. logo
Broadcom Inc.AVGO
10.4×+4.8×
ROP
Roper Technologies, Inc.ROP
6.3×-1.3×
Insight Enterprises logo
Insight EnterprisesNSIT
3.7×-2.0×
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
34.6×+22.5×

Other financials

Income statement

See full
Revenue$247.8M+4.1%
Gross profit$203.9M+6.3%
Operating income$46.5M+43.3%
Net income$22.8M+108%
EPS (diluted)$0.53+121%

Balance sheet

See full
Cash & equivalents$113.2M-8.9%
Total debt$1.3B+76.4%
Total equity$498.8M+15.5%
Total assets$2.4B-2.7%

Cash flow

See full
Operating cash flow$98.6M+43.0%
CapEx$2.7M+110%
Free cash flow$95.9M+41.8%

Valuation

See full
Market cap$1.26B-53.2%
Enterprise value$2.44B-32.9%
P/E14.8×-31.9×
P/S1.3×-1.8×

Profitability

See full
Gross margin81.2%-0.9pp
Operating margin16.9%+1.9pp
Net margin8.6%+1.6pp
FCF margin26.1%+0.8pp

Returns & leverage

See full
Return on equity18.3%+5.6pp
Debt / equity2.6×+0.9×
Current ratio0.5×-0.3×

Where this comes from

Calculated from Progress Software’s reported figures.

ebit/interest expense=2.5×

Based on trailing twelve months.

The official record: Progress Software’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

Ask your AI about Progress Software's interest coverage.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Progress Software's interest coverage?
Progress Software (PRGS) reported interest coverage of 2.5× in Q4 2025.
How has Progress Software's interest coverage changed year-over-year?
Progress Software's interest coverage decreased by 12.2% year-over-year, from 2.8× to 2.5×.
What is the long-term trend for Progress Software's interest coverage?
Over 5 years (2020 to 2025), Progress Software's interest coverage has grown at a -27.2% compound annual growth rate (CAGR), from 10.6× to 2.2×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.