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Progress Software (FRA:PGR) Tax Rate % : 90.64% (As of Nov. 2024)


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What is Progress Software Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Progress Software's Tax Expense for the three months ended in Nov. 2024 was €10.5 Mil. Progress Software's Pre-Tax Income for the three months ended in Nov. 2024 was €11.5 Mil. Therefore, Progress Software's Tax Rate % for the quarter that ended in Nov. 2024 was 90.64%.

Progress Software Tax Rate % Historical Data

The historical data trend for Progress Software's Tax Rate % 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.

* Premium members only.

Progress Software Tax Rate % Chart

Progress Software Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.50 17.91 18.92 11.88 27.40

Progress Software Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.21 17.99 19.57 16.96 90.64

Progress Software Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Progress Software's Tax Rate % for the fiscal year that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2024 )/Pre-Tax Income (A: Nov. 2024 )
=24.328/88.797
=27.40 %

Progress Software's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=10.459/11.539
=90.64 %

* 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 Tax Rate % Related Terms

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Progress Software Business Description

Industry
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Traded in Other Exchanges
PRGS:USA PGR:Germany
Address
15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Website
https://www.progress.com
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.