Progress Software (PRGS) Debt Ratio (2009 - 2026)

Progress Software (PRGS) posted quarterly Debt Ratio of 0.38 for Q1 2026, up 32.16% year-over-year from 0.28 in Q1 2025, and down 3.73% on a QoQ basis from 0.39 in Q4 2025.

Progress Software (PRGS) Debt Ratio (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported Debt Ratio for 16 consecutive years, with 0.38 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt Ratio rose 32.16% year-over-year to 0.38; the TTM figure through Feb 2026 stood at 0.38 (up 32.16% YoY), while the FY2025 annual figure was 0.39, down 35.38% from the prior year.
  • Debt Ratio came in at 0.38 for Q1 2026 at Progress Software, down from 0.39 in the prior quarter.
  • The five-year high for Debt Ratio was 0.6 in Q4 2024, with the low at 0.19 in Q4 2022.
  • Average Debt Ratio over 5 years is 0.32, with a median of 0.28 recorded in 2023.
  • Across the five-year window, Debt Ratio plunged 39.18% in 2023 and surged 162.19% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.19 in 2022, then rose by 22.49% to 0.23 in 2023, then soared by 162.19% to 0.6 in 2024, then tumbled by 35.38% to 0.39 in 2025, then decreased by 3.73% to 0.38 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.38, 0.39, and 0.4 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.06
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.47
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.07
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.05
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.21
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.21
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.05
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn 0.38

Historic Data

Download Data
DateValue
Feb 28, 2026 0.38
Nov 30, 2025 0.39
Aug 31, 2025 0.40
May 31, 2025 0.42
Feb 28, 2025 0.28
Nov 30, 2024 0.60
Feb 29, 2024 0.22
Nov 30, 2023 0.23
Aug 31, 2023 0.25
May 31, 2023 0.27
Feb 28, 2023 0.28
Nov 30, 2022 0.19
Aug 31, 2022 0.20
May 31, 2022 0.20
Feb 28, 2022 0.46
Nov 30, 2021 0.19
Aug 31, 2021 0.21
May 31, 2021 0.22
Feb 28, 2021 0.35
Nov 30, 2020 0.37