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Progress Software PRGS Ratios & Valuation

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin81.2%-0.9pp80.8%-1.9pp81.1%-1.1pp81.7%+0.2pp82.2%+0.8pp
Operating margin16.9%+1.9pp15.7%-0.8pp14.5%-3.0pp15.3%-0.7pp15.1%-0.3pp
Net margin8.6%+1.6pp7.5%-1.6pp5.2%-6.4pp6.6%-3.7pp7%-2.6pp
EBITDA margin17.6%+1.7pp16.3%-1.0pp15.2%-3.2pp16%-0.9pp15.9%-0.4pp
Free cash flow margin26.1%+0.8pp23.5%-3.9pp19.8%-11.0pp19.6%-9.7pp25.3%-1.6pp
Returns
Return on equity18.3%+5.6pp15.9%+0.7pp10.7%-8.2pp13.5%-4.4pp12.7%-3.1pp
Return on assets3.5%+0.7pp2.9%-0.4pp2.4%-2.7pp2.9%-1.7pp2.8%-1.5pp
Return on invested capital12.3%+2.3pp10.9%+0.9pp11.6%-14.9pp11.8%-11.4pp10%-4.9pp
Efficiency
Asset turnover0.4×0.0×0.4×0.0×0.5×0.0×0.4×0.0×0.4×0.0×
Liquidity
Current ratio0.5×-0.3×0.5×-0.3×0.4×-0.8×0.4×-0.7×0.8×-0.2×
Quick ratio0.5×-0.3×0.5×-0.3×0.4×-0.8×0.4×-0.7×0.8×-0.2×
Cash ratio0.1×-0.1×0.1×-0.1×0.1×-0.6×0.1×-0.5×0.3×-0.1×
Leverage
Debt-to-equity2.6×+0.9×2.8×+1.1×2.1×+2.1×2.3×+2.3×1.7×+0.9×
Debt-to-assets0.5×+0.2×0.5×+0.2×0.4×+0.4×0.4×+0.4×0.3×+0.1×
Net debt / EBITDA6.8×+2.0×7.9×+2.9×6.4×+8.0×6.8×+8.2×4.8×+2.8×
Interest coverage2.5×-0.3×2.2×-1.7×2.1×-2.2×2.5×-1.3×2.8×-0.6×
Per Share
Book value per share$11.67+21.3%$10.87+10.0%$10.93+12.2%$10.25+12.2%$9.62-6.6%
Valuation
Market capitalization$1.26B-53.2%$1.78B-39.4%$2B-20.6%$2.66B+19.9%$2.37B+1.4%
Enterprise value$2.44B-32.9%$3.03B-15.4%$2.91B+26.5%$3.61B+76.2%$2.98B+16.3%
Price / earnings14.8×-31.9×24.3×-18.6×41.1×+10.7×46.2×+15.9×41.8×+8.0×
Price / sales1.3×-1.8×1.8×-2.1×2.1×-1.4×3.1×-0.1×2.9×-0.3×
Price / book2.5×-3.4×3.7×-3.0×4.2×-1.7×5.9×+0.4×5.5×+0.4×
EV / EBITDA14.1×-12.0×19×-8.5×20.4×+2.9×25.9×+8.9×23.3×+1.3×
EV / sales2.5×-1.7×3.1×-1.7×3.1×-0.1×4.2×+1.3×3.7×+0.1×
Free cash flow yield20.4%+14.1pp12.9%+5.9pp9.3%+0.6pp6.4%-3.0pp8.6%+0.4pp
Earnings yield6.7%+4.6pp4.1%+1.8pp2.4%-0.9pp2.2%-1.1pp2.4%-0.6pp
Dividend yield0.1%-0.5pp0%-1.0pp0.4%-0.8pp0.6%-0.8pp1%-0.4pp

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Questions, answered.

What are Progress Software's profit margins?
Progress Software (PRGS) runs a 81.2% gross margin and a 16.9% operating margin, with a 8.6% net margin.
Where do Progress Software's ratios come from?
Every ratio is computed from Progress Software's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.