Progress Software Corporation (PRGS)

Operating 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
Operating income (ttm)	US$ in thousands	124,003	125,040	114,062	109,941	110,523	118,429	121,079	138,287	132,131	122,046	136,071	118,118	116,102	114,258	101,405	104,432	107,728	83,188	65,955	55,387
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
Operating profit margin		16.46%	17.48%	16.03%	15.38%	15.92%	17.56%	18.60%	22.26%	21.95%	20.86%	23.41%	21.28%	21.85%	22.25%	21.31%	23.02%	24.36%	19.04%	15.20%	12.78%

November 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $124,003K ÷ $753,409K
= 16.46%

Progress Software Corporation has shown fluctuations in its operating profit margin over the analyzed period. The trend indicates an increase from 12.78% on February 29, 2020, reaching a peak of 24.36% on November 30, 2020. Subsequently, there was a gradual decline in the operating profit margin, which stabilized around the range of 20%-23% before showing a decrease to 15.92% on November 30, 2023.

The fluctuation continued with a slight recovery to 17.48% on August 31, 2024, before dropping to 16.46% on November 30, 2024. Overall, there is evidence of both growth and contraction in Progress Software Corporation's operating profit margin over the analyzed period. It is important for stakeholders to closely monitor these fluctuations and understand the underlying factors contributing to the changes in the operating profit margin to make informed decisions.