PRGS - PROGRESS SOFTWARE CORP /MA

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Revenue Growth YoY (%)	29.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+148%)	8.5% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-29%)	15.4% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+28%)	13.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+11%)	20.2% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+68%)	7.0% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-42%)	4.1% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-66%)	-0.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-101%)	-1.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-116%)	7.4% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-39%)	13.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+13%)	-0.4% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-104%)	5.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-57%)	-11.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-200%)	-31.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-365%)	7.1% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-41%)	-4.2% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-135%)	—	—
EPS Growth YoY (%)	7.6% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-2.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-26.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	22.3% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	0.6% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	201.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-57.6% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	78.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	-564.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	-29.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	82.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-17.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	19.7% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	40.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-28.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	6.9% Fair ↑ Fair Improving Year-over-year change in net income	-2.5% Weak ↓ Weak Declining Year-over-year change in net income	-26.2% Weak ↓ Weak Declining Year-over-year change in net income	21.2% Good ↓ Good Declining Year-over-year change in net income	-1.6% Weak ↓ Weak Declining Year-over-year change in net income	202.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-58.4% Weak ↑ Weak Improving Year-over-year change in net income	69.7% Excellent Excellent Year-over-year change in net income	N/M	-533.2% Weak ↓ Weak Declining Year-over-year change in net income	N/M	-34.0% Weak ↓ Weak Declining Year-over-year change in net income	57.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-20.4% Weak ↓ Weak Declining Year-over-year change in net income	22.8% Good ↑ Good Improving Year-over-year change in net income	48.3% Excellent Excellent Year-over-year change in net income	-29.2% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	11.9% Fair ↑ Fair Improving Year-over-year change in free cash flow	23.1% Good ↑ Good Improving Year-over-year change in free cash flow	-9.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	8.1% Fair ↓ Fair Declining Year-over-year change in free cash flow	28.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	10.9% Fair ↓ Fair Declining Year-over-year change in free cash flow	11.0% Fair ↑ Fair Improving Year-over-year change in free cash flow	17.8% Good ↑ Good Improving Year-over-year change in free cash flow	8.4% Fair ↓ Fair Declining Year-over-year change in free cash flow	1.5% Caution ↓ Caution Declining Year-over-year change in free cash flow	-1.5% Weak ↓ Weak Declining Year-over-year change in free cash flow	30103.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-99.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-7.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	22.9% Good ↑ Good Improving Year-over-year change in free cash flow	46.9% Excellent Excellent Year-over-year change in free cash flow	-28.7% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	17.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	12.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	16.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.4% Good ↑ Good Improving Compound annual revenue growth over 3 years	10.2% Good ↑ Good Improving Compound annual revenue growth over 3 years	3.6% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	0.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	6.1% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.7% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-2.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-14.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-13.7% Weak Weak Compound annual revenue growth over 3 years	-11.2% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	17.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	12.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	11.8% Good ↑ Good Improving Compound annual revenue growth over 5 years	8.7% Good ↑ Good Improving Compound annual revenue growth over 5 years	5.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.2% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	3.5% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	4.6% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	2.4% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-6.5% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-7.6% Weak Weak Compound annual revenue growth over 5 years	-8.3% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-8.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-4.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-3.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	54.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	8.8% Fair Fair Compound annual EPS growth over 3 years	31.7% Excellent Excellent Compound annual EPS growth over 3 years	—	—	-7.0% Weak Weak Compound annual EPS growth over 3 years	—	—	2.2% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	21.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	11.6% Good Good Compound annual EPS growth over 3 years	6.7% Fair Fair Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Operating Margin (%) (%)	15.7% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	16.5% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-18%)	15.9% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	21.9% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	21.9% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	24.4% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	9.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-52%)	21.7% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	17.8% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	-7.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-137%)	3.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	24.3% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+21%)	19.1% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	21.3% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	28.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+40%)	12.8% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	10.3% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	12.5% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-38%)	—
Effective Tax Rate (%) (%)	10.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.4% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	11.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.9% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.9% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.5% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.6% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	43.0% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-58.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	171.2% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.4% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.6% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.9% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	34.1% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	7.5% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-50%)	9.1% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-39%)	10.1% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	15.8% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	14.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	18.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	6.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-57%)	16.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	9.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	-13.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-192%)	-2.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-116%)	14.9% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	22.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+50%)	14.9% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	16.5% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	9.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-39%)	6.6% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	9.0% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	—
FCF Margin (%) (%)	23.5% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	27.4% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	24.2% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	30.9% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	32.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	31.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	30.1% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	28.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	25.7% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	23.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	25.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	30.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	30.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	30.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.4% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	11.2% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	15.3% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	3.14x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	3.01x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.40x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.96x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	2.22x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	1.74x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	4.72x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.80x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	2.73x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-1.74x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-11.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.02x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.00x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.03x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.83x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.78x Excellent → Excellent Stable Free cash flow relative to reported net income Optimal: > 1x	1.69x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	1.71x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Return on Invested Capital (%)	7.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	4.6% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	8.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	23.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	12.2% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	5.9% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	16.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	8.1% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-8.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-1.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	9.4% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.9% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	7.0% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	10.7% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	7.8% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	7.3% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	10.6% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	6.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	9.4% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	8.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	10.3% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	13.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.8% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	-3.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	11.5% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.3% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	11.7% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	7.2% Fair Fair Operating profit relative to total assets Optimal: > 10%	6.4% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	15.3% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-17%)	15.6% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-16%)	15.3% Good ↓ Good Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-17%)	23.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	19.0% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	23.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+25%)	8.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-57%)	20.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+11%)	9.9% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-46%)	-13.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-174%)	-1.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-109%)	9.1% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-51%)	14.6% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	7.4% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-60%)	9.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-48%)	7.1% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-62%)	5.9% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-68%)	9.6% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-48%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Debt to Equity (x)	2.93x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+551%)	3.48x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+673%)	1.55x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+244%)	1.54x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+241%)	—	1.11x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+147%)	0.90x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+100%)	0.38x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-16%)	0.33x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-27%)	0.33x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-26%)	0.26x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-43%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—
Interest Coverage (x)	2.41x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	5.70x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	3.59x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	8.37x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.79x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	10.59x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	4.04x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	16.70x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	15.25x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	-7.11x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3.89x Fair Fair Operating income divided by interest expense Optimal: > 5x	141.15x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—
Net Debt (USD)	$1.31B	$1.41B	$583.92M	$355.57M	$-155.41M	$286.46M	$142.98M	$12.44M	$-9.71M	$-72.04M	$-77.38M	$-263.08M	$-198.82M	$-301.79M	$-161.09M	$-286.28M	$-175.21M	$-96.48M	$-53.88M
Debt / EBITDA (x)	8.78x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	11.70x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.09x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.46x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	3.38x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.23x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.27x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.58x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-6.37x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.59x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.01x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Revenue per Share (USD)	$22.74	$17.41	$15.98	$13.85	$12.10	$9.85	$9.23	$8.72	$8.26	$8.19	$7.49	$6.54	$6.13	$5.05	$5.49	$8.27	$8.21	$8.43	—
Basic EPS, GAAP (USD)	$1.70	$1.58	$1.62	$2.19	$1.79	$1.78	$0.59	$1.39	$0.78	$-1.13	$-0.17	$0.97	$1.37	$0.75	$0.91	$0.76	$0.54	$0.75	—
Free Cash Flow per Share (USD)	$5.34	$4.77	$3.87	$4.28	$3.96	$3.08	$2.78	$2.50	$2.13	$1.96	$1.93	$1.96	$0.01	$1.53	$1.66	$1.35	$0.92	$1.29	—
Dividend per Share (USD)	$0.00	$0.53	$0.70	$0.70	$0.70	$0.17	$0.17	$0.15	$0.14	$0.12	$0.00	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$11.30	$10.12	$10.50	$9.21	$9.34	$7.82	$7.33	$6.87	$7.95	$8.38	$10.33	$10.72	$9.97	$10.71	$10.12	$10.35	$9.12	$7.87	—
Tangible Book Value per Share (USD)	$-33.42	$-36.37	$-16.59	$-11.33	$-12.36	$-3.29	$-2.28	$-0.11	$1.29	$2.65	$3.01	$6.13	$5.62	$6.92	$5.97	$6.76	$5.53	$7.87	—
Basic Weighted Avg Shares (shares)	43.00M	43.27M	43.46M	43.48M	43.92M	44.89M	44.79M	45.56M	48.13M	49.48M	50.39M	50.84M	54.52M	62.88M	65.70M	63.96M	60.16M	61.15M	—
Dividend Payout Ratio (%)	0.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	33.5% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	43.2% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	32.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	39.1% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	9.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	28.0% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	11.2% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	17.9% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-11.1% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Working Capital (USD)	$-409.77M	$-86.33M	$-21.33M	$108.05M	$14.88M	$-23.61M	$43.78M	$32.80M	$55.39M	$132.31M	$123.49M	$222.30M	$173.23M	$286.66M	$181.77M	$246.18M	$130.69M	—	—
LT Debt (USD)	$1.40B	$1.53B	$710.88M	$611.85M	—	$384.45M	$297.24M	$117.56M	$123.75M	$135.00M	$135.00M	$0.00	—	—	—	$276.00K	$664.00K	—	—
Total Equity (USD)	$478.35M	$438.79M	$459.71M	$398.50M	$412.49M	$346.01M	$330.28M	$310.08M	$376.08M	$406.63M	$522.46M	$543.25M	$513.65M	$638.40M	$625.11M	$688.33M	$555.45M	$481.45M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Nov 30, 2025 10-K ↗	FY 2024 Nov 30, 2024 10-K ↗	FY 2023 Nov 30, 2023 10-K ↗	FY 2022 Nov 30, 2022 10-K ↗	FY 2021 Nov 30, 2021 10-K ↗	FY 2020 Nov 30, 2020 10-K ↗	FY 2019 Nov 30, 2019 10-K ↗	FY 2018 Nov 30, 2018 10-K ↗	FY 2017 Nov 30, 2017 10-K ↗	FY 2016 Nov 30, 2016 10-K ↗	FY 2015 Nov 30, 2015 10-K ↗	FY 2014 Nov 30, 2014 10-K ↗	FY 2013 Nov 30, 2013 10-K ↗	FY 2012 Nov 30, 2012 10-K ↗	FY 2011 Nov 30, 2011 10-K ↗	FY 2010 Nov 30, 2010 10-K ↗	FY 2009 Nov 30, 2009 10-K ↗	FY 2008 Nov 30, 2008 10-K ↗	FY 2007 Nov 30, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$977.83M	$753.41M	$694.44M	$602.01M	$531.31M	$442.15M	$413.30M	$397.17M	$397.57M	$405.34M	$377.55M	$332.53M	$334.00M	$317.61M	$360.70M	$529.12M	$494.14M	$515.56M	—
Depreciation Expense (USD)	$6.20M	$6.40M	$6.30M	$5.00M	$5.50M	$6.10M	$7.60M	$6.90M	$7.50M	$8.50M	$9.40M	$9.80M	$10.30M	$9.30M	$8.83M	$10.86M	$11.90M	$10.66M	—
Net Income, GAAP (USD)	$73.13M	$68.44M	$70.20M	$95.07M	$78.42M	$79.72M	$26.40M	$63.49M	$37.42M	$-55.73M	$-8.80M	$49.46M	$74.91M	$47.44M	$59.63M	$48.57M	$32.76M	$46.30M	—
Operating Cash Flow (USD)	$235.19M	$211.49M	$173.92M	$192.16M	$178.53M	$144.85M	$128.48M	$121.35M	$105.69M	$102.84M	$104.54M	$107.69M	$4.58M	$104.11M	$126.29M	$96.20M	$62.76M	$87.18M	—

PROGRESS SOFTWARE CORP /MA

Analytical Summary

19-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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