Progress Software (Progress Software) 3-Year FCF Growth Rate : 7.30% (As of Feb. 2024)

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What is Progress Software 3-Year FCF Growth Rate?

Progress Software's Free Cash Flow per Share for the three months ended in Feb. 2024 was $1.57.

During the past 12 months, Progress Software's average Free Cash Flow per Share Growth Rate was 0.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 7.30% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Progress Software was 58.10% per year. The lowest was -19.00% per year. And the median was 9.50% per year.

Competitive Comparison of Progress Software's 3-Year FCF Growth Rate

For the Software - Infrastructure subindustry, Progress Software's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Progress Software's 3-Year FCF Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Progress Software's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Progress Software's 3-Year FCF Growth Rate falls into.

Progress Software 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Progress Software (NAS:PRGS) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Progress Software 3-Year FCF Growth Rate Related Terms

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Progress Software (Progress Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Progress Software Corp (NAS:PRGS) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

PGR:Germany

Address

15 Wayside Road, Suite 400, Burlington, MA, USA, 01803

Website

https://www.progress.com

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.

Executives

Domenic Lococo	officer: Chief Accounting Officer	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Sundar Subramanian	officer: EVP/GM DevSecOps	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Ian Pitt	officer: Chief Information Officer	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Kathryn Kulikoski	officer: CHIEF PEOPLE OFFICER	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Yufan Stephanie Wang	officer: Chief Legal Officer	C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Anthony Folger	officer: Chief Financial Officer	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Loren Jarrett	officer: Chief Marketing Officer	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DR., BEDFORD MA 01730
Charles Francis Kane	director	14 OAK PARK DRIVE, BEDFORD MA 01730
Yogesh K Gupta	director, officer: Chief Executive Officer	C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON MA 01803
Jeremy Segal	officer: Senior Vice President	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Jennifer Ortiz	officer: EVP, Corporate Marketing	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
John R Egan	director	176 SOUTH ST., HOPKINTON MA 01748
John Ainsworth	officer: Senior Vice President	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DR., BEDFORD MA 01730
Gary Quinn	officer: Senior Vice President	C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Ranier Gawlick	director	5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359