Progress Software
PRGS
#3639
Rank
$2.94 B
Marketcap
$68.06
Share price
-0.69%
Change (1 day)
30.68%
Change (1 year)

Operating Margin for Progress Software (PRGS)

Operating Margin as of November 2024 (TTM): 11.47%

According to Progress Software 's latest financial reports and stock price the company's current Operating Margin is 11.47%. At the end of 2023 the company had an Operating Margin of 11.47%.

Operating Margin history for Progress Software from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.47%-41.11%
202219.48%8.32%
202117.98%-17.73%
202021.86%217%
20196.89%-57.02%
201816.04%18.99%
201713.48%-254.89%
2016-8.70%-366%
20153.27%-86.02%
201423.40%24.47%
201318.80%-12.18%
201221.41%-34%
201132.43%19.74%
201027.09%161.5%
200910.36%-27.85%
200814.36%8.91%
200713.18%29.27%
200610.20%-34.44%
200515.55%19.49%
200413.02%4.01%
200312.51%16.22%
200210.77%11.01%
20019.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
18.26% 59.20%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98%-12.99%๐Ÿ‡บ๐Ÿ‡ธ USA
7.16%-37.58%๐Ÿ‡บ๐Ÿ‡ธ USA
43.57% 279.86%๐Ÿ‡บ๐Ÿ‡ธ USA
5.46%-52.40%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.