Progress Software Corporation (PRGS)
NASDAQ: PRGS · Real-Time Price · USD
27.42
-1.33 (-4.63%)
Apr 9, 2026, 4:00 PM EDT - Market closed

Progress Software Statistics

Total Valuation

PRGS has a market cap or net worth of $1.15 billion. The enterprise value is $2.42 billion.

Market Cap1.15B
Enterprise Value 2.42B

Important Dates

The last earnings date was Monday, March 30, 2026, after market close.

Earnings Date Mar 30, 2026
Ex-Dividend Date n/a

Share Statistics

PRGS has 42.08 million shares outstanding. The number of shares has decreased by -2.17% in one year.

Current Share Class 42.08M
Shares Outstanding 42.08M
Shares Change (YoY) -2.17%
Shares Change (QoQ) -1.35%
Owned by Insiders (%) 1.39%
Owned by Institutions (%) 110.75%
Float 41.48M

Valuation Ratios

The trailing PE ratio is 14.04 and the forward PE ratio is 4.66. PRGS's PEG ratio is 0.93.

PE Ratio 14.04
Forward PE 4.66
PS Ratio 1.17
Forward PS 1.14
PB Ratio 2.31
P/TBV Ratio n/a
P/FCF Ratio 4.48
P/OCF Ratio 4.36
PEG Ratio 0.93
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.31, with an EV/FCF ratio of 9.37.

EV / Earnings 28.43
EV / Sales 2.45
EV / EBITDA 7.31
EV / EBIT 13.34
EV / FCF 9.37

Financial Position

The company has a current ratio of 0.47, with a Debt / Equity ratio of 2.76.

Current Ratio 0.47
Quick Ratio 0.38
Debt / Equity 2.76
Debt / EBITDA 4.04
Debt / FCF 5.34
Interest Coverage 2.68

Financial Efficiency

Return on equity (ROE) is 18.27% and return on invested capital (ROIC) is 8.74%.

Return on Equity (ROE) 18.27%
Return on Assets (ROA) 4.66%
Return on Invested Capital (ROIC) 8.74%
Return on Capital Employed (ROCE) 11.28%
Weighted Average Cost of Capital (WACC) 6.14%
Revenue Per Employee $352,594
Profits Per Employee $30,346
Employee Count2,801
Asset Turnover 0.41
Inventory Turnover n/a

Taxes

In the past 12 months, PRGS has paid $13.62 million in taxes.

Income Tax 13.62M
Effective Tax Rate 13.81%

Stock Price Statistics

The stock price has decreased by -49.85% in the last 52 weeks. The beta is 0.75, so PRGS's price volatility has been lower than the market average.

Beta (5Y) 0.75
52-Week Price Change -49.85%
50-Day Moving Average 35.72
200-Day Moving Average 42.77
Relative Strength Index (RSI) 36.75
Average Volume (20 Days) 1,272,852

Short Selling Information

The latest short interest is 4.32 million, so 10.27% of the outstanding shares have been sold short.

Short Interest 4.32M
Short Previous Month 4.35M
Short % of Shares Out 10.27%
Short % of Float 10.42%
Short Ratio (days to cover) 3.82

Income Statement

In the last 12 months, PRGS had revenue of $987.62 million and earned $85.00 million in profits. Earnings per share was $1.95.

Revenue987.62M
Gross Profit 841.96M
Operating Income 181.15M
Pretax Income 98.62M
Net Income 85.00M
EBITDA 330.54M
EBIT 181.15M
Earnings Per Share (EPS) $1.95
Full Income Statement

Balance Sheet

The company has $113.17 million in cash and $1.38 billion in debt, with a net cash position of -$1.26 billion or -$30.00 per share.

Cash & Cash Equivalents 113.17M
Total Debt 1.38B
Net Cash -1.26B
Net Cash Per Share -$30.00
Equity (Book Value) 498.80M
Book Value Per Share 11.86
Working Capital -417.98M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $264.87 million and capital expenditures -$7.12 million, giving a free cash flow of $257.75 million.

Operating Cash Flow 264.87M
Capital Expenditures -7.12M
Depreciation & Amortization 149.39M
Net Borrowing -160.00M
Free Cash Flow 257.75M
FCF Per Share $6.13
Full Cash Flow Statement

Margins

Gross margin is 85.25%, with operating and profit margins of 18.34% and 8.61%.

Gross Margin 85.25%
Operating Margin 18.34%
Pretax Margin 9.99%
Profit Margin 8.61%
EBITDA Margin 33.47%
EBIT Margin 18.34%
FCF Margin 26.10%

Dividends & Yields

PRGS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.17%
Shareholder Yield 2.17%
Earnings Yield 7.37%
FCF Yield 22.34%
Dividend Details

Analyst Forecast

The average price target for PRGS is $49.50, which is 80.53% higher than the current price. The consensus rating is "Buy".

Price Target $49.50
Price Target Difference 80.53%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 1.67%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on January 31, 2011. It was a forward split with a ratio of 1.5:1.

Last Split Date Jan 31, 2011
Split Type Forward
Split Ratio 1.5:1

Scores

PRGS has an Altman Z-Score of 1.2 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.2
Piotroski F-Score 6