Progress Software (PRGS) EV to CFO (2010 - 2026)
Progress Software's (PRGS) EV to CFO stood at 5.43 in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 44.8% from 9.83 a year earlier but up 35.8% from the prior quarter.
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Analysis
Progress Software (PRGS) EV to CFO (2010 - 2026) Analysis & Trends
On a TTM basis, Progress Software's EV to CFO came in at 4.48 as of Aug 31, 2026, down 44.3% year-over-year; for FY2025 (ended Nov 30, 2025), it was 7.05, down 47.6% from FY2024.
- Across earlier fiscal years, EV to CFO came in at 13.47 in FY2024 (+4.9%), 12.83 in FY2023 (+20.3%), 10.67 in FY2022 (-3.9%) and 11.10 in FY2021 (-3.6%).
- Quarterly EV to CFO has ranged from 4.00 in fiscal Q2 2026 to 14.48 in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, EV to CFO has declined for five consecutive quarters, with an average decline of 19.1% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 55.2% in fiscal Q2 2025, against a decline of 72.4% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.00 (Q2 2026), 6.23 (Q1 2026) and 7.05 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.09 Bn | 245.16 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 244.26 Bn | 224.66 Bn | 1.10 Bn |
| 3 | Fortinet | 127.58 Bn | 113.51 Bn | 1.64 Bn |
| 4 | Snowflake | 112.93 Bn | 100.25 Bn | 1.04 Bn |
| 5 | Datadog | 97.34 Bn | 78.98 Bn | 881.34 Mn |
| 6 | Zscaler | 37.10 Bn | 23.22 Bn | - |
| 7 | Okta | 36.45 Bn | 26.54 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.48 Bn | 27.00 Bn | 546.45 Mn |
| 9 | MongoDB | 31.35 Bn | 21.82 Bn | 569.77 Mn |
| 10 | Progress Software | 1.80 Bn | 1.37 Bn | 203.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 5.43 |
| May 31, 2026 | 4.00 |
| Feb 28, 2026 | 6.23 |
| Nov 30, 2025 | 7.05 |
| Aug 31, 2025 | 9.83 |
| May 31, 2025 | 14.48 |
| Feb 28, 2025 | 10.61 |
| Nov 30, 2024 | 13.47 |
| Aug 31, 2024 | 10.05 |
| May 31, 2024 | 9.33 |
| Feb 29, 2024 | 11.12 |
| Nov 30, 2023 | 12.83 |
| Aug 31, 2023 | 13.89 |
| May 31, 2023 | 14.19 |
| Feb 28, 2023 | 12.14 |
| Nov 30, 2022 | 10.67 |
| Aug 31, 2022 | 9.41 |
| May 31, 2022 | 9.78 |
| Feb 28, 2022 | 9.87 |
| Nov 30, 2021 | 11.10 |
API Access
Progress Software EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();