# Progress Software Corporation Common Stock (DE) (PRGS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $44.05, market value $1.8 billion.

## Valuation
- **P/E (trailing): 21.4×** (5-yr avg 30.8×, 3-yr avg 34.4×). Progress Software Corporation Common Stock (DE) trades at 21.4× trailing earnings, well below its own five-year average of 30.8×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 7.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.91**. A PEG of 0.91 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.8×**. Each dollar of revenue is priced at 1.8×.
- **Price / book: 3.6×**. The shares trade at 3.6× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 16.9%** (5-yr avg 8.6%). Free cash flow equals 16.9% of the market value, above its five-year average of 8.6%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.7%**. The inverse of the P/E: 4.7% of the price is earned each year.

## Profitability
- **Gross margin: 81.8%**. Progress Software Corporation Common Stock (DE) keeps 81.8% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 17.3%**. 17.3% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 7.5%**. 7.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.3%**. 15.3% on shareholders' equity is solid.
- **Return on invested capital: 7.7%**. Return on all capital, debt included, is 7.7%.
- **Return on assets: 3.6%**. Each dollar of assets produces 3.6% of profit.

## Growth
- **Revenue growth (1 yr): 29.8%** (3-yr 17.5%/yr, 5-yr 17.2%/yr). Revenue grew 29.8% over the last year, against 17.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 7.8%** (3-yr -8.3%/yr, 5-yr -1.2%/yr). Earnings per share rose 7.8%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 7.2%/yr**. Free cash flow has compounded at 7.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 2.93**. Debt is 2.93 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Progress Software Corporation Common Stock (DE) does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -0.3%** (YTD 2.5%, 3-mo 40.5%). The shares are down 0.3% over twelve months including dividends.
- **From 52-week high: -7.0%** (84.9% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.62** (volatility 53%). Beta of 0.62 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PRGS · Page: https://foliofundamentals.com/stocks/prgs

Not investment advice.