Progress Software Shares Outstanding vs. Current Valuation

PRGS Stock  USD 35.75  -0.69  -1.89%   
Based on the measurements of profitability obtained from Progress Software's financial statements, Progress Software's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Progress Software's ability to earn profits and add value for shareholders.Price To Sales Ratio is dropping compared to historical levels. Progress Software reported 1.66 in Price To Sales Ratio for the previous period. As of March 12th, 2026, EV To Sales is estimated to rise to 2.38, whereas Operating Cash Flow Sales Ratio is moving lower toward 0.18.. Operating Income is advancing compared to historical levels. Progress Software reported 176.28 Million in Operating Income for the previous period. As of March 12th, 2026, Net Income is estimated to rise to approximately 88.3 M, whereas Income Before Tax is moving lower toward slightly above 53.1 M.. Gross Profit is advancing compared to historical levels. Progress Software reported 908.79 Million in Gross Profit for the previous period. As of March 12th, 2026, Pretax Profit Margin is estimated to rise to 0.14, whereas Operating Profit Margin is moving lower toward 0.11.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.610.73
Fairly Down
Pretty Stable
Profitability metrics here describe how Progress Software converts revenue and assets into earnings and performance context.

Revenue Breakdown by Segment for Progress Software

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To learn how to invest in Progress Stock, please use our How to Invest in Progress Software guide.Consensus EPS for Progress Software is 1.40, with bounds of 1.37 and 1.46. EPS TTM is 1.66. EPS is most informative when read together with margin stability and cash-flow conversion. Consensus EPS estimates for Progress Software typically reference EPS before non-recurring items. The consensus may include employee stock option expense.
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Progress Software is projected to report an EPS estimate of 1.4049 on 31st of May 2026. Analyst consensus for Progress Software is presented with historical volatility context..

Progress Software Revenue Breakdown by Earning Segment Details

Earnings estimates provide context for forward-looking performance discussion. The estimates are presented as context for broader analysis and timeframe comparison.
 Quarterly Earnings Growth
21.357
 Earnings Share
1.66
 Revenue Per Share
22.742
 Quarterly Revenue Growth
0.175
 Return On Assets
0.0438
The market value of Progress Software is measured differently than book value, which reflects Progress accounting equity. Progress Software's market capitalization is 1.61 B. With a P/B ratio of 3.42, the market values Progress Software well above its book equity. Enterprise value stands at 2.97 B. Intrinsic value is an analytical estimate of Progress Software's underlying worth that can differ from price and book value. Valuation methods help interpret those gaps.
Note that Progress Software's intrinsic value and market price are different measures derived from different inputs. For Progress Software, key inputs include a P/E ratio of 30.63, a P/B ratio of 3.42, a profit margin of 7.48%, and ROE of 15.95%. Market price reflects the current exchange level formed by active bids and offers.

Progress Software Current Valuation vs. Shares Outstanding Fundamental Analysis

Comparative market metrics assess Progress Software's pricing relative to peers.
Progress Software is rated below average. in shares outstanding category among its top competitors. It holds the number one position in current valuation category among its top competitors reporting about 70.53 of Current Valuation per Shares Outstanding. Comparative pricing ratios position Progress Software within industry norms.

Progress Software's Historical Earnings Breakdown by Geography

Progress Current Valuation vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Progress Software

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
42.11 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Progress Software

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.97 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Progress Current Valuation vs Competition

Progress Software holds the number one position in current valuation category among its top competitors. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 20.32 Billion. Progress Software retains roughly 2.97 Billion in current valuation claiming about 15% of equities under Information Technology sector.

Progress Software Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Progress Software, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Progress Software will eventually generate negative long term returns. The profitability progress is the general direction of Progress Software's change in net profit over the period of time. It can combine multiple indicators of Progress Software, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-29.8 M-31.3 M
Operating Income176.3 M185.1 M
Income Before Tax93.9 M53.1 M
Total Other Income Expense Net-64.5 M-61.3 M
Net Income84.1 M88.3 M
Income Tax Expense9.8 M16.1 M
Net Income Applicable To Common Shares109.3 M114.8 M
Net Income From Continuing Ops84.1 M52 M
Non Operating Income Net Other822.6 K863.7 K
Interest IncomeM1.9 M
Net Interest Income-62.2 M-59.1 M
Change To Netincome12.6 M17.9 M
Net Income Per Share 1.53 1.61
Income Quality 2.89 3.04
Net Income Per E B T 0.81 0.54

Progress Profitability Driver Comparison

Profitability drivers for Progress Software are the financial and operational factors that most directly influence its earnings. Investors must contend with a wide range of external shocks - from regulatory changes to commodity price swings - that can disrupt Progress Software's financial results.

Progress Software Earnings Estimation Breakdown

For Progress Software, the next projected earnings per share is 1.4049 based on current analyst consensus. The range of individual analyst forecasts runs from 1.37 to 1.46, reflecting varying views on Progress Software's near-term business performance. Consensus EPS excludes non-recurring items and is calculated from trailing twelve-month operating results.
Last Reported EPS
0.0
1.37
Lowest
Expected EPS
1.4049
1.46
Highest

Progress Software Earnings Projection Consensus

If consensus earnings estimates imply a fair value above Progress Software's current price, the market may be discounting future earnings more aggressively than analysts. If the market price is ahead of the estimate, the implied premium may require strong execution to sustain. These valuation signals are best used as one input within a multi-method investment framework.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of May 2026Current EPS (TTM)
687.36%
0.0
1.4049
1.66

Earnings per Share Projection vs Actual

For Progress Software, actual EPS provides a historical record of per-share profitability that investors use to identify trends. Expected EPS for Progress Software projects this figure forward using guidance, industry dynamics, and financial analysis. The higher Progress Software's EPS trajectory, the stronger its implied earnings quality relative to peers.

Progress Software Estimated Months Earnings per Share

Investors seeking income from Progress Software should track EPS trends alongside dividend history to assess payout sustainability. EPS that outpaces dividend growth signals expanding coverage; EPS that lags dividend growth raises cut risk. Always complement EPS analysis with a review of operating leverage, working capital trends, and competitive positioning.

Progress Quarterly Analyst Estimates and Surprise Metrics

EPS surprise events for Progress Software's have historically correlated with short-term return outliers - both upside and downside. The post-earnings drift effect means that initial surprise reactions can persist over subsequent trading sessions. Analyst estimates contributing to consensus are derived from fundamental models trained on trailing performance and management guidance.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
2026-01-20
2025-11-301.311.510.215 
2025-09-29
2025-08-311.31.50.215 
2025-06-23
2025-05-311.29991.40.1001
2025-03-24
2025-02-281.05651.310.253523 
2025-01-14
2024-11-301.21491.330.1151
2024-09-24
2024-08-311.141.260.1210 
2024-06-25
2024-05-310.951.090.1414 
2024-03-26
2024-02-291.141.250.11
2024-01-16
2023-11-300.911.020.1112 
2023-09-26
2023-08-3111.080.08
2023-06-29
2023-05-310.91.060.1617 
2023-03-28
2023-02-281.051.190.1413 
2023-01-17
2022-11-301.091.120.03
2022-09-27
2022-08-310.971.00.03
2022-06-28
2022-05-310.951.040.09
2022-03-29
2022-02-280.850.970.1214 
2022-01-18
2021-11-300.740.920.1824 
2021-09-23
2021-08-310.821.180.3643 
2021-06-24
2021-05-310.730.820.0912 
2021-03-25
2021-02-280.750.950.226 
2021-01-14
2020-11-300.780.910.1316 
2020-09-29
2020-08-310.770.780.01
2020-06-25
2020-05-310.640.63-0.01
2020-03-26
2020-02-290.70.760.06
2020-01-16
2019-11-300.750.790.04
2019-09-26
2019-08-310.680.750.0710 
2019-06-27
2019-05-310.570.650.0814 
2019-03-28
2019-02-280.470.50.03
2019-01-17
2018-11-300.730.760.03
2018-09-27
2018-08-310.580.60.02
2018-06-27
2018-05-310.530.60.0713 
2018-03-28
2018-02-280.470.540.0714 
2018-01-10
2017-11-300.610.670.06
2017-09-27
2017-08-310.460.480.02
2017-06-28
2017-05-310.370.420.0513 
2017-03-29
2017-02-280.260.340.0830 
2017-01-16
2016-11-300.560.620.0610 
2016-09-28
2016-08-310.450.44-0.01
2016-06-29
2016-05-310.280.330.0517 
2016-03-30
2016-02-290.280.27-0.01
2016-01-12
2015-11-300.490.530.04
2015-10-01
2015-08-310.370.390.02
2015-07-01
2015-05-310.310.350.0412 
2015-04-01
2015-02-280.240.290.0520 
2015-01-13
2014-11-300.450.470.02
2014-09-25
2014-08-310.330.390.0618 
2014-06-26
2014-05-310.340.370.03
2014-03-27
2014-02-280.280.280.0
2014-01-09
2013-11-300.410.430.02
2013-09-25
2013-08-310.240.270.0312 
2013-06-26
2013-05-310.220.270.0522 
2013-03-27
2013-02-280.240.23-0.01
2013-01-03
2012-11-300.340.23-0.1132 
2012-09-26
2012-08-310.240.310.0729 
2012-06-27
2012-05-310.170.210.0423 
2012-03-28
2012-02-290.250.280.0312 
2012-01-03
2011-11-300.330.340.01
2011-09-27
2011-08-310.280.310.0310 
2011-06-28
2011-05-310.380.380.0
2011-03-28
2011-02-280.420.420.0
2010-12-21
2010-11-300.440.470.03
2010-09-21
2010-08-310.360.370.01
2010-06-22
2010-05-310.350.390.0411 
2010-03-23
2010-02-280.310.350.0412 
2009-12-22
2009-11-300.370.410.0410 
2009-09-22
2009-08-310.260.270.01
2009-06-18
2009-05-310.250.260.01
2009-03-19
2009-02-280.260.260.0
2008-12-18
2008-11-300.370.390.02
2008-09-18
2008-08-310.30.30.0
2008-06-19
2008-05-310.30.310.01
2008-03-20
2008-02-290.280.280.0
2007-12-20
2007-11-300.350.360.01
2007-09-20
2007-08-310.290.290.0
2007-06-19
2007-05-310.270.270.0
2007-03-20
2007-02-280.230.250.02
2006-12-20
2006-11-300.270.21-0.0622 
2006-09-19
2006-08-310.240.23-0.01
2006-06-19
2006-05-310.230.230.0
2006-03-21
2006-02-280.20.210.01
2005-12-20
2005-11-300.250.250.0
2005-09-20
2005-08-310.210.230.02
2005-06-16
2005-05-310.20.230.0315 
2005-03-17
2005-02-280.150.180.0320 
2004-12-21
2004-11-300.20.210.01
2004-09-16
2004-08-310.160.170.01
2004-06-17
2004-05-310.150.160.01
2004-03-16
2004-02-290.110.130.0218 
2003-12-17
2003-11-300.150.150.0
2003-09-16
2003-08-310.120.130.01
2003-06-17
2003-05-310.120.120.0
2003-03-18
2003-02-280.060.080.0233 
2002-12-17
2002-11-300.120.130.01
2002-09-17
2002-08-310.090.090.0
2002-06-18
2002-05-310.110.110.0
2002-03-19
2002-02-280.040.040.0
2001-12-18
2001-11-300.090.090.0
2001-09-18
2001-08-310.080.090.0112 
2001-06-19
2001-05-310.130.1-0.0323 
2001-03-20
2001-02-280.040.03-0.0125 
2000-12-19
2000-11-300.170.14-0.0317 
2000-09-19
2000-08-310.120.120.0
2000-06-14
2000-05-310.160.160.0
2000-03-15
2000-02-290.140.150.01
1999-12-17
1999-11-300.170.20.0317 
1999-09-15
1999-08-310.130.140.01
1999-06-16
1999-05-310.130.130.0
1999-03-17
1999-02-280.090.140.0555 
1998-12-18
1998-11-300.130.140.01
1998-06-17
1998-05-310.070.090.0228 
1998-03-18
1998-02-280.050.060.0120 
1997-12-19
1997-11-300.060.070.0116 
1997-09-17
1997-08-310.030.040.0133 
1997-06-20
1997-05-310.040.040.0
1997-03-21
1997-02-2800.030.03
1996-12-20
1996-11-300.010.010.0
null
nullnullnullnull
null
nullnullnullnull
1996-03-26
1996-02-290.080.07-0.0112 
1996-01-04
1995-11-300.10.10.0
1995-09-25
1995-08-310.070.070.0
1995-06-23
1995-05-310.070.080.0114 
1995-03-27
1995-02-280.060.070.0116 
1995-01-16
1994-11-300.080.080.0

Use Progress Software in pair-trading

Pair trading with Progress Software can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Progress Software Pair Trading

Progress Software Pair Trading Analysis

Using correlated positions as Progress Software substitutes during tax-loss harvesting allows investors to capture a tax benefit without disrupting portfolio allocation. The key is finding instruments that track Progress Software closely enough to maintain equivalent risk and return.
The correlation of Progress Software with other assets is a key diversification metric. Pairing Progress Software with uncorrelated or negatively correlated instruments can reduce overall portfolio volatility without necessarily reducing expected returns.
Correlation analysis and pair trading evaluation for Progress Software can be used to frame hedging context. The view can be extended across sectors or other related groups.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Progress Software position

Using Progress Software inside a theme workflow gives investors a structured way to compare related stocks, funds, ETFs, and crypto assets before allocating capital. The practical benefit is that the selected idea can be tuned either for higher upside or for tighter risk control.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
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