Progress Software (PRGS) EV to EBITDA (2010 - 2026)
Progress Software's EV to EBITDA was 5.54 in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 17.9% from 6.75 a year earlier but up 42.1% from the prior quarter.
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Analysis
Progress Software (PRGS) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progress Software's EV to EBITDA was 4.57 through Aug 31, 2026, down 17.1% year-over-year; for FY2025 (ended Nov 30, 2025), it was 5.44, down 56.7% from FY2024.
- In earlier fiscal years, EV to EBITDA was 12.54 in FY2024 (+20.1%), 10.45 in FY2023 (+5.4%), 9.91 in FY2022 (-15.4%) and 11.72 in FY2021 (+0.1%).
- Quarterly EV to EBITDA has moved between 3.90 (fiscal Q2 2026) and 12.54 (fiscal Q4 2024) over five years.
- Compared with a year earlier, EV to EBITDA has declined for five straight quarters, with an average decline of 23.5% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was fiscal Q2 2023 (growth of 28.9%); the worst was fiscal Q2 2026 (a decline of 60.4%).
- Per Business Quant data, PRGS's EV to EBITDA in the three fiscal quarters before Q3 2026 was 3.90 (Q2 2026), 5.21 (Q1 2026) and 5.44 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn |
| 10 | Progress Software | 1.78 Bn | 1.35 Bn | 203.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 5.42 |
| May 31, 2026 | 3.82 |
| Feb 28, 2026 | 5.10 |
| Nov 30, 2025 | 5.33 |
| Aug 31, 2025 | 6.65 |
| May 31, 2025 | 9.69 |
| Feb 28, 2025 | 9.29 |
| Nov 30, 2024 | 12.35 |
| Aug 31, 2024 | 9.79 |
| May 31, 2024 | 8.85 |
| Feb 29, 2024 | 9.96 |
| Nov 30, 2023 | 10.34 |
| Aug 31, 2023 | 11.69 |
| May 31, 2023 | 11.85 |
| Feb 28, 2023 | 10.84 |
| Nov 30, 2022 | 9.81 |
| Aug 31, 2022 | 9.32 |
| May 31, 2022 | 9.08 |
| Feb 28, 2022 | 9.63 |
| Nov 30, 2021 | 11.46 |
API Access
Progress Software EV to EBITDA 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-ebitda&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();