Progress Software Corporation (PRGS)
NASDAQ: PRGS · Real-Time Price · USD
38.42
-0.74 (-1.89%)
At close: Jul 2, 2026, 4:00 PM EDT
37.57
-0.85 (-2.21%)
After-hours: Jul 2, 2026, 6:36 PM EDT

Progress Software Statistics

Total Valuation

PRGS has a market cap or net worth of $1.58 billion. The enterprise value is $2.80 billion.

Market Cap1.58B
Enterprise Value 2.80B

Important Dates

The last earnings date was Tuesday, June 30, 2026, after market close.

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

Share Statistics

PRGS has 41.01 million shares outstanding. The number of shares has decreased by -3.31% in one year.

Current Share Class 41.01M
Shares Outstanding 41.01M
Shares Change (YoY) -3.31%
Shares Change (QoQ) -0.98%
Owned by Insiders (%) 1.11%
Owned by Institutions (%) 109.27%
Float 40.53M

Valuation Ratios

The trailing PE ratio is 18.61 and the forward PE ratio is 6.36. PRGS's PEG ratio is 1.27.

PE Ratio 18.61
Forward PE 6.36
PS Ratio 1.57
Forward PS 1.58
PB Ratio 3.14
P/TBV Ratio n/a
P/FCF Ratio 5.16
P/OCF Ratio 5.02
PEG Ratio 1.27
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.39, with an EV/FCF ratio of 9.17.

EV / Earnings 31.44
EV / Sales 2.79
EV / EBITDA 8.39
EV / EBIT 15.05
EV / FCF 9.17

Financial Position

The company has a current ratio of 0.81, with a Debt / Equity ratio of 2.62.

Current Ratio 0.81
Quick Ratio 0.67
Debt / Equity 2.62
Debt / EBITDA 3.85
Debt / FCF 4.35
Interest Coverage 2.84

Financial Efficiency

Return on equity (ROE) is 18.57% and return on invested capital (ROIC) is 8.82%.

Return on Equity (ROE) 18.57%
Return on Assets (ROA) 4.89%
Return on Invested Capital (ROIC) 8.82%
Return on Capital Employed (ROCE) 9.64%
Weighted Average Cost of Capital (WACC) 6.63%
Revenue Per Employee $358,345
Profits Per Employee $31,790
Employee Count2,801
Asset Turnover 0.42
Inventory Turnover n/a

Taxes

In the past 12 months, PRGS has paid $18.55 million in taxes.

Income Tax 18.55M
Effective Tax Rate 17.24%

Stock Price Statistics

The stock price has decreased by -30.80% in the last 52 weeks. The beta is 0.82, so PRGS's price volatility has been lower than the market average.

Beta (5Y) 0.82
52-Week Price Change -30.80%
50-Day Moving Average 30.27
200-Day Moving Average 37.48
Relative Strength Index (RSI) 70.47
Average Volume (20 Days) 1,027,859

Short Selling Information

The latest short interest is 3.83 million, so 9.33% of the outstanding shares have been sold short.

Short Interest 3.83M
Short Previous Month 4.22M
Short % of Shares Out 9.33%
Short % of Float 9.44%
Short Ratio (days to cover) 6.30

Income Statement

In the last 12 months, PRGS had revenue of $1.00 billion and earned $89.04 million in profits. Earnings per share was $2.06.

Revenue1.00B
Gross Profit 858.88M
Operating Income 186.04M
Pretax Income 107.59M
Net Income 89.04M
EBITDA 333.75M
EBIT 186.04M
Earnings Per Share (EPS) $2.06
Full Income Statement

Balance Sheet

The company has $102.98 million in cash and $1.33 billion in debt, with a net cash position of -$1.22 billion or -$29.84 per share.

Cash & Cash Equivalents 102.98M
Total Debt 1.33B
Net Cash -1.22B
Net Cash Per Share -$29.84
Equity (Book Value) 506.08M
Book Value Per Share 12.25
Working Capital -79.53M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $313.71 million and capital expenditures -$8.49 million, giving a free cash flow of $305.22 million.

Operating Cash Flow 313.71M
Capital Expenditures -8.49M
Depreciation & Amortization 147.71M
Net Borrowing 190.00M
Free Cash Flow 305.22M
FCF Per Share $7.44
Full Cash Flow Statement

Margins

Gross margin is 85.57%, with operating and profit margins of 18.54% and 8.87%.

Gross Margin 85.57%
Operating Margin 18.54%
Pretax Margin 10.72%
Profit Margin 8.87%
EBITDA Margin 33.25%
EBIT Margin 18.54%
FCF Margin 30.41%

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 3.31%
Shareholder Yield 3.31%
Earnings Yield 5.65%
FCF Yield 19.37%
Dividend Details

Analyst Forecast

The average price target for PRGS is $50.67, which is 29.28% higher than the current price. The consensus rating is "Strong Buy".

Price Target $50.67
Price Target Difference 29.28%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (3Y) 1.37%
EPS Growth Forecast (3Y) 2.52%
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 1.31 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.31
Piotroski F-Score 5