PROGRESS SOFTWARE CORP /MA PRGS

Latest FY: 2025 Technology Software - Infrastructure
Market Price $43.76
Market Cap $1.85B
P/E Ratio 26.36
Quick Peer Compare (Technology):
Revenue (FY 2025) ↑29.8% YoY
$977.83M
3-Yr CAGR: 17.5%
Net Income ↑6.9% YoY
$73.13M
Net Margin: 7.5%
Free Cash Flow ↑11.2% YoY
$229.49M
FCF Yield: 12.42%
EPS (Diluted) ↑7.8% YoY
$1.66
Basic: $1.70
Return on Equity Efficiency
15.3%
ROA: 18.3%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (PRGS)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $405.3M $339.6M $-55.7M $-1.13 $102.8M $97.1M
FY 2017 $397.6M -1.9% $328.4M $37.4M +167.1% $0.77 +168.1% $105.7M $102.3M +5.4%
FY 2018 $397.2M -0.1% $330.2M $63.5M +69.7% $1.38 +79.2% $121.4M $114.1M +11.5%
FY 2019 $413.3M +4.1% $338.1M $26.4M -58.4% $0.58 -58.0% $128.5M $124.5M +9.1%
FY 2020 $442.1M +7.0% $380.0M $79.7M +202.0% $1.76 +203.4% $144.8M $138.3M +11.1%
FY 2021 $531.3M +20.2% $452.9M $78.4M -1.6% $1.76 0.0% $178.5M $173.9M +25.7%
FY 2022 $602.0M +13.3% $507.5M $95.1M +21.2% $2.15 +22.2% $192.2M $186.1M +7.0%
FY 2023 $694.4M +15.4% $567.9M $70.2M -26.2% $1.57 -27.0% $173.9M $168.3M -9.5%
FY 2024 $753.4M +8.5% $622.9M $68.4M -2.5% $1.54 -1.9% $211.5M $206.3M +22.5%
FY 2025 $977.8M +29.8% $790.2M $73.1M +6.9% $1.66 +7.8% $235.2M $229.5M +11.2%
$

Valuation

Market Price $43.76
Market Cap $1.85B
Enterprise Value $3.15B
P/E Ratio 26.36
P/B Ratio 3.78
FCF Yield 12.42%
Dividend Yield 0.00%
Shares Outstanding 41,311,700
%

Profitability & Margins

Gross Margin 80.82%
Operating Margin 15.68%
Net Margin 7.48%
Return on Equity (ROE) 15.29%
Return on Assets (ROA) 18.28%
Asset Turnover 2.44x
Revenue 3-Yr CAGR 17.55%
🛡️

Financial Health & Liquidity

Current Ratio 0.49
Cash Ratio 0.12
Debt / Equity 2.927
Debt / Assets 3.501
Cash & Equivalents $94.81M
Total Debt $1.40B
Book Value / Share $11.58
💧

Cash Flow Efficiency

Operating Cash Flow $235.19M
Capital Expenditures (CapEx) $5.70M
Free Cash Flow $229.49M
OCF / Revenue 24.05%
FCF / Revenue 23.47%
FCF 3-Yr CAGR 7.24%
🏷️

Per Share Metrics

EPS (Diluted) $1.66
EPS (Basic) $1.70
Dividends / Share N/A
Book Value / Share $11.58
EPS YoY Growth 7.79%
🏛️

Balance Sheet (FY 2025)

Total Assets $399.96M
Total Liabilities $809.73M
Stockholders' Equity $478.35M
Current Assets $399.96M
Current Liabilities $809.73M