Progress Software (PRGS) Interest Coverage Ratio (2014 - 2026)

Progress Software (PRGS) has reported Interest Coverage Ratio for 13 consecutive years, with 3.05 the latest figure, recorded in 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 came in at 3.05 for Q1 2026 at Progress Software, up from 2.32 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 11.01 in Q2 2022, with the low at 1.76 in Q1 2025.
• Average Interest Coverage Ratio over 5 years is 4.54, with a median of 3.44 recorded in 2023.
• Across the five-year window, Interest Coverage Ratio jumped 127.25% in 2022 and sank 75.42% in 2023, its largest moves.
• Year by year, Interest Coverage Ratio stood at 6.88 in 2022, then plunged by 58.49% to 2.86 in 2023, then sank by 30.96% to 1.97 in 2024, then increased by 17.54% to 2.32 in 2025, then jumped by 31.41% to 3.05 in 2026.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.05, 2.32, and 2.47 for Q1 2026, Q4 2025, and Q3 2025 respectively.