Progress Software (PRGS) Return on Invested Capital [ROIC] (2010 - 2026)
Progress Software's Return on Invested Capital [ROIC] was 8.26% in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 3.41 percentage points from 4.86% a year earlier and up 0.35 percentage points from the prior quarter.
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Analysis
Progress Software (PRGS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Return on Invested Capital [ROIC] at Progress Software came in at 7.15%, up 0.70 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -5.99 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 6.44% in FY2024 (-6.60 pp), 13.05% in FY2023 (-2.92 pp), 15.96% in FY2022 (+2.41 pp) and 13.55% in FY2021 (+0.42 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -4.16 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q3 2024 (a gain of 17.58 percentage points); the worst was fiscal Q3 2025 (a drop of 21.11 percentage points).
- Per Business Quant data, PRGS's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was 7.91% (Q2 2026), 7.76% (Q1 2026) and 7.27% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | -2.11% |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 111.71% |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | - |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 2.98% |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 0.45% |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | - |
| 10 | Progress Software | 1.51 Bn | 1.09 Bn | 203.54 Mn | 8.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 8.26% |
| May 31, 2026 | 7.91% |
| Feb 28, 2026 | 7.76% |
| Nov 30, 2025 | 7.27% |
| Aug 31, 2025 | 4.86% |
| May 31, 2025 | 6.31% |
| Feb 28, 2025 | 5.56% |
| Nov 30, 2024 | 7.53% |
| Aug 31, 2024 | 25.97% |
| May 31, 2024 | 16.82% |
| Feb 29, 2024 | 12.09% |
| Nov 30, 2023 | 9.60% |
| Aug 31, 2023 | 8.39% |
| May 31, 2023 | 8.18% |
| Feb 28, 2023 | 11.87% |
| Nov 30, 2022 | 12.99% |
| Aug 31, 2022 | 10.17% |
| May 31, 2022 | 11.25% |
| Feb 28, 2022 | 11.70% |
| Nov 30, 2021 | 11.64% |
API Access
Progress Software Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PRGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();