Progress Software
PRGS
$50.28
Share price
-0.31%
Change (1 day)
-7.43%
Change (1 year)
Categories
Operating Margin for Progress Software (PRGS)
Operating Margin as of May 2024 (TTM): 19.47%
According to Progress Software 's latest financial reports and stock price the company's current Operating Margin is 19.47%. At the end of 2022 the company had an Operating Margin of 19.48%.
Operating Margin history for Progress Software from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.48% | 8.32% |
| 2021 | 17.98% | -17.73% |
| 2020 | 21.86% | 217% |
| 2019 | 6.89% | -65.33% |
| 2018 | 19.89% | 20.54% |
| 2017 | 16.50% | -289.54% |
| 2016 | -8.70% | -366% |
| 2015 | 3.27% | -86.02% |
| 2014 | 23.40% | 24.47% |
| 2013 | 18.80% | 23.91% |
| 2012 | 15.17% | -7.7% |
| 2011 | 16.44% | 21.76% |
| 2010 | 13.50% | 30.34% |
| 2009 | 10.36% | -27.85% |
| 2008 | 14.36% | 8.91% |
| 2007 | 13.18% | 29.27% |
| 2006 | 10.20% | -38.18% |
| 2005 | 16.49% | 26.72% |
| 2004 | 13.02% | 4.01% |
| 2003 | 12.51% | 16.22% |
| 2002 | 10.77% | 10.34% |
| 2001 | 9.76% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | 116.44% | 🇺🇸 USA |
 Oracle ORCL | 18.02% | -7.45% | 🇺🇸 USA |
 IBM IBM | 3.08% | -84.18% | 🇺🇸 USA |
 Citrix Systems
CTXS | 7.16% | -63.23% | 🇺🇸 USA |
 HP HPQ | 7.05% | -63.79% | 🇺🇸 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.