Progress Software Corporation (PRGS)

Net profit margin

Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020
Net income (ttm) US$ in thousands 68,438 82,626 73,260 69,162 70,197 78,570 81,269 98,289 95,069 86,287 95,466 79,913 78,420 81,155 74,156 77,567 79,722 57,321 46,901 38,114
Revenue (ttm) US$ in thousands 753,409 715,418 711,724 714,898 694,439 674,596 650,821 621,317 602,013 585,014 581,214 554,955 531,313 513,570 475,852 453,747 442,150 436,803 433,820 433,432
Net profit margin 9.08% 11.55% 10.29% 9.67% 10.11% 11.65% 12.49% 15.82% 15.79% 14.75% 16.43% 14.40% 14.76% 15.80% 15.58% 17.09% 18.03% 13.12% 10.81% 8.79%

November 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $68,438K ÷ $753,409K
= 9.08%

Progress Software Corporation's net profit margin has fluctuated over the past few years, ranging from a low of 8.79% in February 2020 to a high of 18.03% in November 2020. The trend then shows a general decrease in net profit margin until May 2022, where it begins to increase again.

The net profit margin reached a peak of 16.43% in May 2022, followed by fluctuations but generally maintaining a level above 10%. However, in the most recent data available, the net profit margin dropped to 9.08% in November 2024.

Overall, the net profit margin of Progress Software Corporation has shown variability but has generally been within a moderate range, indicating the company's ability to generate profit relative to its revenue, while also highlighting the need for consistent management of costs and efficiencies to sustain profitability.