Progress Software Corporation (PRGS)

Interest coverage

		Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Earnings before interest and tax (EBIT)	US$ in thousands	153,290	126,276	110,523	133,045	115,579
Interest expense	US$ in thousands	70,850	32,012	30,780	15,790	20,045
Interest coverage		2.16	3.94	3.59	8.43	5.77

November 30, 2025 calculation

Interest coverage = EBIT ÷ Interest expense
= $153,290K ÷ $70,850K
= 2.16

Nov 30, 2025

Company name

Symbol

Interest coverage

Progress Software Corporation

PRGS

2.16