Net margin is calculated as Net Income divided by its Revenue. Progress Software's Net Income for the
three
months ended in Feb. 2024 was $22.6 Mil. Progress Software's Revenue for the
three
months ended in Feb. 2024 was $184.7 Mil. Therefore, Progress Software's net margin for the quarter that ended in Feb. 2024 was 12.26%.
The historical rank and industry rank for Progress Software's Net Margin % or its related term are showing as below:
PRGS'
s Net Margin % Range Over the Past 10 Years
Min: -13.75 Med: 11.61 Max: 18.03
Current: 9.67
PRGS's Net Margin % is ranked better than 76.6% of 2761
companies
in the Software industry
Industry Median: 1.72
vs PRGS: 9.67
Progress Software Net Margin % Historical Data
The historical data trend for Progress Software's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Progress Software's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution
For the Software industry and Technology sector, Progress Software's Net Margin % distribution charts can be found below:
* The bar in red indicates where Progress Software's Net Margin % falls into.
Progress Software Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Progress Software's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progress Software (NAS:PRGS) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Progress Software Net Margin % Related Terms
Thank you for viewing the detailed overview of Progress Software's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Progress Software (Progress Software) Business Description
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.
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