Progress Software annual debt-to-equity ratio
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2025
Progress Software Debt-to-Equity Ratio Growth & History (PRGS)
Progress Software's debt-to-equity ratio was 2.99 for fiscal 2025.
View full Progress Software company overviewProgress Software annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 2.99 | −0.57 | −16.01% |
| 2024 | 2024-11-30 | 3.56 | 1.93 | +119.01% |
| 2023 | 2023-11-30 | 1.63 | 0.02 | +1.10% |
| 2022 | 2022-11-30 | 1.61 | 0.17 | +12.13% |
| 2021 | 2021-11-30 | 1.43 | 0.23 | +19.10% |
| 2020 | 2020-11-30 | 1.20 | 0.31 | +34.89% |
| 2019 | 2019-11-30 | 0.89 | 0.53 | +149.05% |
| 2018 | 2018-11-30 | 0.36 | 0.06 | +18.85% |
| 2017 | 2017-11-30 | 0.30 | −0.00 | −1.13% |
| 2016 | 2016-11-30 | 0.30 | 0.03 | +10.35% |
| 2015 | 2015-11-30 | 0.28 | 0.28 | — |
| 2014 | 2014-11-30 | 0.00 | 0.00 | — |
| 2013 | 2013-11-30 | 0.00 | 0.00 | — |
| 2012 | 2012-11-30 | 0.00 | −0.00 | — |
| 2011 | 2011-11-30 | 0.00 | −0.00 | −40.63% |
| 2010 | 2010-11-30 | 0.00 | −0.00 | −47.49% |
| 2009 | 2009-11-30 | 0.00 | — | — |
Progress Software quarterly debt-to-equity ratio
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Q3.10
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Q2.11
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Q3.12
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 2.62 | 0.12 | +4.93% |
| Q1 2026 | 2026-02-28 | 2.76 | 0.83 | +43.39% |
| Q4 2025 | 2025-11-30 | 2.99 | −0.57 | −16.01% |
| Q3 2025 | 2025-08-31 | 2.29 | 0.38 | +19.74% |
| Q2 2025 | 2025-05-31 | 2.50 | 0.47 | +23.33% |
| Q1 2025 | 2025-02-28 | 1.92 | 1.11 | +135.95% |
| Q4 2024 | 2024-11-30 | 3.56 | 1.93 | +119.01% |
| Q3 2024 | 2024-08-31 | 1.91 | 0.16 | +8.93% |
| Q2 2024 | 2024-05-31 | 2.03 | 0.08 | +4.26% |
| Q1 2024 | 2024-02-29 | 0.82 | −1.21 | −59.82% |
| Q4 2023 | 2023-11-30 | 1.63 | 0.02 | +1.10% |
| Q3 2023 | 2023-08-31 | 1.75 | 0.00 | +0.02% |
| Q2 2023 | 2023-05-31 | 1.94 | 0.20 | +11.77% |
| Q1 2023 | 2023-02-28 | 2.03 | 0.26 | +14.87% |
| Q4 2022 | 2022-11-30 | 1.61 | 0.17 | +12.13% |
| Q3 2022 | 2022-08-31 | 1.75 | 0.26 | +17.12% |
| Q2 2022 | 2022-05-31 | 1.74 | 0.10 | +6.20% |
| Q1 2022 | 2022-02-28 | 1.77 | 0.64 | +56.29% |
| Q4 2021 | 2021-11-30 | 1.43 | 0.23 | +19.10% |
| Q3 2021 | 2021-08-31 | 1.50 | 0.65 | +75.85% |
| Q2 2021 | 2021-05-31 | 1.64 | 0.70 | +75.14% |
| Q1 2021 | 2021-02-28 | 1.13 | 0.15 | +15.58% |
| Q4 2020 | 2020-11-30 | 1.20 | 0.31 | +34.89% |
| Q3 2020 | 2020-08-31 | 0.85 | −0.04 | −4.42% |
| Q2 2020 | 2020-05-31 | 0.93 | −0.01 | −1.16% |
| Q1 2020 | 2020-02-29 | 0.98 | 0.60 | +161.57% |
| Q4 2019 | 2019-11-30 | 0.89 | 0.53 | +149.05% |
| Q3 2019 | 2019-08-31 | 0.89 | 0.54 | +155.05% |
| Q2 2019 | 2019-05-31 | 0.95 | 0.60 | +172.34% |
| Q1 2019 | 2019-02-28 | 0.37 | 0.06 | +19.07% |
| Q4 2018 | 2018-11-30 | 0.36 | 0.06 | +18.85% |
| Q3 2018 | 2018-08-31 | 0.35 | 0.04 | +11.20% |
| Q2 2018 | 2018-05-31 | 0.35 | 0.02 | +7.73% |
| Q1 2018 | 2018-02-28 | 0.31 | −0.02 | −6.94% |
| Q4 2017 | 2017-11-30 | 0.30 | −0.00 | −1.13% |
| Q3 2017 | 2017-08-31 | 0.31 | 0.04 | +13.44% |
| Q2 2017 | 2017-05-31 | 0.32 | 0.04 | +14.14% |
| Q1 2017 | 2017-02-28 | 0.34 | 0.07 | +25.37% |
| Q4 2016 | 2016-11-30 | 0.30 | 0.03 | +10.35% |
| Q3 2016 | 2016-08-31 | 0.28 | 0.00 | +1.55% |
| Q2 2016 | 2016-05-31 | 0.28 | 0.00 | +0.97% |
| Q1 2016 | 2016-02-29 | 0.27 | −0.01 | −2.26% |
| Q4 2015 | 2015-11-30 | 0.28 | 0.28 | — |
| Q3 2015 | 2015-08-31 | 0.27 | 0.27 | — |
| Q2 2015 | 2015-05-31 | 0.28 | 0.28 | — |
| Q1 2015 | 2015-02-28 | 0.28 | 0.28 | — |
| Q4 2014 | 2014-11-30 | 0.00 | 0.00 | — |
| Q3 2014 | 2014-08-31 | 0.00 | 0.00 | — |
| Q2 2014 | 2014-05-31 | 0.00 | 0.00 | — |
| Q1 2014 | 2014-02-28 | 0.00 | 0.00 | — |
| Q4 2013 | 2013-11-30 | 0.00 | 0.00 | — |
| Q3 2013 | 2013-08-31 | 0.00 | 0.00 | — |
| Q2 2013 | 2013-05-31 | 0.00 | −0.00 | — |
| Q1 2013 | 2013-02-28 | 0.00 | −0.00 | — |
| Q4 2012 | 2012-11-30 | 0.00 | −0.00 | — |
| Q3 2012 | 2012-08-31 | 0.00 | −0.00 | — |
| Q2 2012 | 2012-05-31 | 0.00 | −0.00 | −83.82% |
| Q1 2012 | 2012-02-29 | 0.00 | −0.00 | −67.08% |
| Q4 2011 | 2011-11-30 | 0.00 | −0.00 | −40.63% |
| Q3 2011 | 2011-08-31 | 0.00 | −0.00 | −53.13% |
| Q2 2011 | 2011-05-31 | 0.00 | — | — |
| Q1 2011 | 2011-02-28 | 0.00 | — | — |
| Q4 2010 | 2010-11-30 | 0.00 | −0.00 | −47.72% |
| Q3 2010 | 2010-08-31 | 0.00 | — | — |
| Q4 2009 | 2009-11-30 | 0.00 | — | — |
Progress Software debt-to-equity ratio trends
Over the last five fiscal years, Progress Software's debt-to-equity ratio increased from 1.20 to 2.99, a change of 1.79. The latest reported quarter, Q2 2026, shows 2.62.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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