Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Progress SoftwarePRGS -2.35%79 FCF Yield % is 17.41 as of Aug. 17, 2026, which is 132% above its 10-year median of 7.52. 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 2,873 Software companies, Progress Software ranks better than 94.19% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Progress Software FCF Yield % Related Terms
Progress Software FCF Yield % Historical Data
* Premium members only.
The historical data trend for Progress Software's FCF Yield % 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 FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs Software Industry
For the Software industry and Technology sector, Progress Software's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Progress Software's FCF Yield % falls into.
* 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 FCF Yield % of 17.41 as of Aug. 17, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Progress Software and its competitors. This is 132% above median its historical median of 7.52. Over the past decade, Progress Software's FCF Yield % has ranged from 4.11 to 24.31. According to the industry distribution chart, Progress Software ranks #167 out of 2873 companies in the Software industry, placing it in the top 5.8%.
Is Progress Software's FCF Yield % too high?
Progress Software's current FCF Yield % of 17.41 is 132% above median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 24.31. The Software industry median FCF Yield % is 0.88. Progress Software's value of 17.41 is 1878.4% above this industry median. Based on the distribution chart, Progress Software ranks #167 out of 2873 companies in the Software industry, which is in the top quartile — a strong position 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 FCF Yield % compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #167 out of 2873 companies for FCF Yield %. This places Progress Software in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Yield % is 0.88. Progress Software's value of 17.41 is 1878.4% above this benchmark. Historically, Progress Software's own FCF Yield % has ranged from 4.11 to 24.31 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 0.88, Progress Software has consistently been above 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 FCF Yield % for a Software company?
The median FCF Yield % among Software companies is 0.88, based on 2,873 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current FCF Yield % of 17.41 is 1878.4% above 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 FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Progress Software and its competitors. For the Software industry, the median FCF Yield % is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current FCF Yield % is 17.41, which is 132% above median its own 10-year median of 7.52. 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 $42.75 — trading 45.8% below its estimated fair value. The current FCF Yield % is 17.41, which is 132% above median its 10-year median of 7.52 and 1878.4% above the Software industry median of 0.88. 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 FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Progress Software (PRGS), the current FCF Yield % is 17.41 as of Aug. 17, 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 $42.75 is trading 45.8% below its estimated GF Value™ of $78.84.
GuruFocus considers Progress Software to be Possible Value Trap.
Key valuation signals for PRGS:
FCF Yield %: 17.41 (132% above median its 10-year median of 7.52)
GF Value™: $78.84 vs. price of $42.75 (45.8% below fair value)
Industry Position: 1878.4% above the Software median (#167 of 2873)
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
Get the complete analysis for PRGS
FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PRGS has been successfully added to your 
