Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026)
Progress Software (PRGS) recorded quarterly Interest Coverage Ratio of 3.05 in Q1 2026, up 31.41% quarter-over-quarter from 2.32 in Q4 2025, and up 73.21% on a YoY basis from 1.76 in Q1 2025.
Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Progress Software's Interest Coverage Ratio history runs 13 years deep, the most recent figure standing at 3.05 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 73.21% year-over-year to 3.05; the TTM figure through Feb 2026 stood at 2.47 (down 12.23% YoY), while the FY2025 annual figure was 2.16, down 44.15% from the prior year.
- Interest Coverage Ratio was 3.05 for Q1 2026 at Progress Software, up from 2.32 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 11.01 in Q2 2022 to a low of 1.76 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 4.54 across 5 years, with a median of 3.44 in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 127.25% in 2022, then plunged 75.42% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 6.88 in 2022, then tumbled by 58.49% to 2.86 in 2023, then plunged by 30.96% to 1.97 in 2024, then advanced by 17.54% to 2.32 in 2025, then jumped by 31.41% to 3.05 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.05 (Q1 2026), 2.32 (Q4 2025), and 2.47 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 49.35 |
| 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 | 4.63 |
| 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 | 1.83 |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 138.10 |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 1.25 |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -24.19 |
| 10 | Progress Software | 1.33 Bn | 1.21 Bn | 203.94 Mn | 3.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 3.05 |
| Nov 30, 2025 | 2.32 |
| Aug 31, 2025 | 2.47 |
| May 31, 2025 | 2.13 |
| Feb 28, 2025 | 1.76 |
| Nov 30, 2024 | 1.97 |
| Aug 31, 2024 | 5.96 |
| May 31, 2024 | 3.87 |
| Feb 29, 2024 | 4.77 |
| Nov 30, 2023 | 2.86 |
| Aug 31, 2023 | 3.44 |
| May 31, 2023 | 2.70 |
| Feb 28, 2023 | 6.09 |
| Nov 30, 2022 | 6.88 |
| Aug 31, 2022 | 7.99 |
| May 31, 2022 | 11.01 |
| Feb 28, 2022 | 7.95 |
| Nov 30, 2021 | 3.17 |
| Aug 31, 2021 | 7.07 |
| May 31, 2021 | 4.84 |