Progress Software Corporation (PRGS)

Profitability ratios

Return on sales

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 Nov 30, 2019 Aug 31, 2019 May 31, 2019
Gross profit margin 81.37% 81.77% 82.74% 83.51% 84.31% 84.30% 84.27% 84.80% 84.92% 85.23% 85.28% 85.23% 85.63% 85.95% 85.20% 83.69% 82.91% 81.79% 81.94% 81.70%
Operating profit margin 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% 9.70% 14.49% 15.73%
Pretax margin 10.82% 11.47% 13.68% 15.21% 19.51% 19.48% 17.89% 20.04% 17.43% 17.98% 19.07% 18.64% 20.73% 21.86% 16.12% 12.09% 9.78% 6.89% 11.90% 13.52%
Net profit margin 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% 6.39% 10.09% 10.60%

Progress Software Corporation's profitability ratios have shown some fluctuation over the past several quarters. The gross profit margin has been consistently high, ranging from 81.37% to 85.95%, indicating efficient cost management and pricing strategies.

The operating profit margin has shown some variability, with a range of 15.20% to 24.36%. Despite some fluctuations, the company has generally maintained a healthy operating profit margin, reflecting its ability to control operating expenses effectively.

The pretax margin has also varied, ranging from 6.89% to 21.86%. This ratio reflects the company's ability to generate profits before taxes relative to its total revenue. The fluctuations in this margin may be influenced by factors such as changes in tax regulations or one-time expenses.

The net profit margin, which measures the company's profitability after all expenses have been deducted, has ranged from 6.39% to 18.03%. Progress Software Corporation has shown consistent profitability, although there have been fluctuations in net profit margin over the quarters.

Overall, the company's profitability ratios suggest that it has been able to maintain solid profitability levels, albeit with some volatility in margins. Investors may want to closely monitor these ratios to assess the company's financial performance and profitability sustainability.


Return on investment

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 Nov 30, 2019 Aug 31, 2019 May 31, 2019
Operating return on assets (Operating ROA) 7.10% 6.90% 7.41% 7.56% 8.41% 9.36% 9.07% 10.05% 8.73% 8.51% 8.96% 8.18% 10.17% 10.34% 9.05% 7.36% 6.22% 4.55% 6.64% 7.26%
Return on assets (ROA) 4.47% 4.38% 4.92% 5.07% 5.98% 6.74% 6.41% 7.05% 5.91% 5.75% 6.36% 5.98% 7.55% 7.65% 6.23% 5.24% 4.28% 3.00% 4.63% 4.89%
Return on total capital 9.51% 9.43% 10.06% 10.19% 11.43% 13.17% 12.50% 13.87% 12.00% 12.20% 12.19% 11.07% 14.93% 15.04% 12.69% 10.40% 8.83% 6.25% 8.90% 9.58%
Return on equity (ROE) 14.98% 15.27% 17.65% 19.40% 23.77% 23.86% 23.51% 25.65% 21.70% 19.01% 20.45% 20.28% 22.00% 23.04% 15.57% 13.80% 11.62% 7.99% 11.95% 12.88%

Progress Software Corporation's profitability ratios show a consistent performance over the analyzed periods.

- Operating return on assets (Operating ROA) has ranged from 6.90% to 10.34% with an average of approximately 8.45%. This ratio indicates that the company generated an average of 8.45 cents of operating profit for every dollar of assets employed. The relatively stable Operating ROA suggests that the company efficiently utilizes its assets to generate operating income.

- Return on assets (ROA) has ranged from 3.00% to 7.55% with an average of around 5.67%. This ratio indicates that, on average, the company generated around 5.67 cents of net income for every dollar of assets. While the ROA has shown some fluctuations, it remained above 5% most of the time, reflecting the company's ability to generate profits relative to its asset base.

- Return on total capital has ranged from 6.25% to 15.04% with an average of about 11.59%. This ratio indicates that the company earned an average of 11.59 cents for every dollar of total capital employed. The consistent performance of this ratio suggests that Progress Software efficiently generates returns from both equity and debt capital.

- Return on equity (ROE) has ranged from 7.99% to 25.65% with an average of approximately 18.83%. This ratio indicates that, on average, the company generated around 18.83 cents of net income for every dollar of shareholders' equity. The company's ROE demonstrates its ability to generate profits for its shareholders, with the ratio consistently above 10%, reflecting strong profitability derived from equity investments.

Overall, Progress Software Corporation's profitability ratios indicate stable performance, efficient asset utilization, and strong profitability over the analyzed periods. Investors and stakeholders may view these ratios positively as they reflect the company's ability to generate returns for both investors and creditors.