The historical rank and industry rank for Progress Software's Pretax Margin % or its related term are showing as below:
PRGS'
s Pretax Margin % Range Over the Past 10 Years
Min: -8.7 Med: 14.76 Max: 23.4
Current: 13.45
PRGS's Pretax Margin % is ranked better than 78.14% of 2758
companies
in the Software industry
Industry Median: 3.085
vs PRGS: 13.45
Progress Software Pretax Margin % Historical Data
The historical data trend for Progress Software's Pretax 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.
Competitive Comparison of Progress Software's Pretax Margin %
For the Software - Infrastructure subindustry, Progress Software's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Software Industry
For the Software industry and Technology sector, Progress Software's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Progress Software's Pretax Margin % falls into.
Progress Software Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Progress Software's Pretax 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Progress Software Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Progress Software's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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 it also has presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.
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