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

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

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

Progress Software's Debt Ratio history runs 16 years deep, the most recent figure standing at 0.38 for 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 was 0.38 for Q1 2026 at Progress Software, down from 0.39 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.6 in Q4 2024 to a low of 0.19 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.28 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio tumbled 39.18% in 2023, then surged 162.19% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.19 in 2022, then climbed by 22.49% to 0.23 in 2023, then soared by 162.19% to 0.6 in 2024, then slumped by 35.38% to 0.39 in 2025, then declined by 3.73% to 0.38 in 2026.
  • The last three Debt Ratio figures came in at 0.38 (Q1 2026), 0.39 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 0.06
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn 0.51
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn 0.07
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn 0.05
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 0.21
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn 0.21
10 Progress Software 1.33 Bn 1.21 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