Progress Software (PRGS) EV to EBIT (2010 - 2026)
Progress Software's EV to EBIT was 7.21 in fiscal Q2 2026 (quarter ended May 31, 2026), down 62.5% from 19.20 a year earlier and down 26.9% from the prior quarter.
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Analysis
Progress Software (PRGS) EV to EBIT (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progress Software's EV to EBIT was 5.44 through May 31, 2026, down 65.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at 10.82, down 52.9% from FY2024.
- In earlier fiscal years, EV to EBIT was 22.97 in FY2024 (+13.7%), 20.19 in FY2023 (+30.1%), 15.52 in FY2022 (-9.1%) and 17.07 in FY2021 (+10.2%).
- The fiscal Q2 2026 figure marks the lowest quarterly EV to EBIT in data going back to fiscal Q2 2010.
- Compared with a year earlier, EV to EBIT has declined for four straight quarters, with an average decline of 23.1% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was fiscal Q2 2023 (growth of 48.5%); the worst was fiscal Q2 2026 (a decline of 62.5%).
- Per Business Quant data, PRGS's EV to EBIT in the three fiscal quarters before Q2 2026 was 9.85 (Q1 2026), 10.82 (Q4 2025) and 13.83 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.21 |
| Feb 28, 2026 | 9.85 |
| Nov 30, 2025 | 10.82 |
| Aug 31, 2025 | 13.83 |
| May 31, 2025 | 19.20 |
| Feb 28, 2025 | 18.34 |
| Nov 30, 2024 | 22.97 |
| Aug 31, 2024 | 18.09 |
| May 31, 2024 | 17.45 |
| Feb 29, 2024 | 19.99 |
| Nov 30, 2023 | 20.19 |
| Aug 31, 2023 | 21.22 |
| May 31, 2023 | 20.45 |
| Feb 28, 2023 | 17.10 |
| Nov 30, 2022 | 15.52 |
| Aug 31, 2022 | 15.11 |
| May 31, 2022 | 13.77 |
| Feb 28, 2022 | 14.87 |
| Nov 30, 2021 | 17.07 |
| Aug 31, 2021 | 14.51 |
API Access
Progress Software EV to EBIT 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-ebit&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();