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Progress SoftwarePRGS -2.68%79 Equity-to-Asset is 0.22 as of May. 2026, which is 29% below its 10-year median of 0.31. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,892 Software companies, Progress Software ranks worse than 83.16% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Progress Software's Total Stockholders Equity for the quarter that ended in May. 2026 was $506 Mil. Progress Software's Total Assets for the quarter that ended in May. 2026 was $2,346 Mil.
Therefore, Progress Software's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.22.
The historical rank and industry rank for Progress Software's Equity-to-Asset or its related term are showing as below:
PRGS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.31 Max: 0.59
Current: 0.22
During the past 13 years, the highest Equity to Asset Ratio of Progress Software was 0.59. The lowest was 0.17. And the median was 0.31.
PRGS's Equity-to-Asset is ranked worse than 83.16% of 2892
companies
in the Software industry
Industry Median: 0.56
vs PRGS: 0.22
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Progress Software Equity-to-Asset Related Terms
Progress Software Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Progress Software's Equity-to-Asset 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.
PRGS vs PICS, NN, APPN: Equity-to-Asset Comparison
For the Software - Infrastructure subindustry, Progress Software's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Progress Software's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Progress Software's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Progress Software's Equity to Asset Ratio for the fiscal year that ended in Nov. 2025 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 (PRGS) has a Equity-to-Asset of 0.22 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Progress Software and its competitors. This is 29% below median its historical median of 0.31. Over the past decade, Progress Software's Equity-to-Asset has ranged from 0.17 to 0.59. According to the industry distribution chart, Progress Software ranks #2405 out of 2892 companies in the Software industry, placing it in the top 83.2%.
Is Progress Software's Equity-to-Asset too high?
Progress Software's current Equity-to-Asset of 0.22 is 29% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.59. The Software industry median Equity-to-Asset is 0.56. Progress Software's value of 0.22 is 60.7% below this industry median. Based on the distribution chart, Progress Software ranks #2405 out of 2892 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Equity-to-Asset compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #2405 out of 2892 companies for Equity-to-Asset. This places Progress Software in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Progress Software's value of 0.22 is 60.7% below this benchmark. Historically, Progress Software's own Equity-to-Asset has ranged from 0.17 to 0.59 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.56, Progress Software has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current Equity-to-Asset of 0.22 is 60.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Progress Software and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current Equity-to-Asset is 0.22, which is 29% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.61 — trading 46% below its estimated fair value. The current Equity-to-Asset is 0.22, which is 29% below median its 10-year median of 0.31 and 60.7% below the Software industry median of 0.56. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Progress Software (PRGS), the current Equity-to-Asset is 0.22 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progress Software (PRGS) Overvalued in 2026?
Based on GuruFocus' analysis, Progress Software stock appears to be undervalued.
The current stock price of $42.61 is trading 46% below its estimated GF Value™ of $78.84.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for PRGS:
Equity-to-Asset: 0.22 (29% below median its 10-year median of 0.31)
GF Value™: $78.84 vs. price of $42.61 (46% below fair value)
Industry Position: 60.7% below the Software median (#2405 of 2892)
No single metric tells the full story. See the PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
79GF Score
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