PROGRESS SOFTWARE CORP /MA (PRGS) Financial Ratio Screen

NASDAQ Technology United States USD 1836M
RATIOS FAIL*
Automated financial screen · activity assessed separately
PROGRESS SOFTWARE CORP /MA (PRGS) is potentially non-compliant in the automated ratio model. The company's debt ratio of 58.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. PROGRESS SOFTWARE CORP /MA operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

PRGS financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
58.2%
Fail vs 30%
Cash ratio
3.9%
Pass vs 30%
Receivables + cash
13.7%
Pass vs 30%
Impermissible income
0.2%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: November 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodNovember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Infrastructure) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from November 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 58.2%
/ 30%
3.9%
/ 30%
13.7%
/ 30%
0.18%
/ 5%
RATIOS FAIL*
FTSE 58.2%
/ 33%
3.9%
/ 33%
13.7%
/ 50%
0.18%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
21.7
Forward: 7.2
EPS
$2.06
P/B Ratio
3.7
EV/EBITDA
9.2
EV: $3.1B
Revenue
$978M
Growth: 6.8%
Beta
0.8
Average volatility
Current Ratio
0.8

Profitability

Gross Margin 85.6%
Operating Margin 18.5%
Net Margin 8.9%
Return on Equity (ROE) 18.6%
Return on Assets (ROA) 4.9%

Cash Flow & Balance Sheet

Operating Cash Flow$235M
Free Cash Flow$229M
Total Debt$1.4B
Debt-to-Equity262.2
Current Ratio0.8
Total Assets$2.5B

Price & Trading

Last Close$45.22
50-Day MA$39.45
200-Day MA$36.92
Avg Volume680K
Beta0.8
52-Week Range
$23.82
$47.37

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-31 for the financial period November 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About PROGRESS SOFTWARE CORP /MA (PRGS)

CEO
Mr. Yogesh K. Gupta
Employees
2,801
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 1836M
Currency
USD

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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Frequently Asked Questions

Is PROGRESS SOFTWARE CORP /MA (PRGS) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is PROGRESS SOFTWARE CORP /MA's debt ratio?

PROGRESS SOFTWARE CORP /MA's debt ratio is 58.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are PROGRESS SOFTWARE CORP /MA's key financial metrics?

PROGRESS SOFTWARE CORP /MA has a market capitalization of USD 1836M in its listing currency, trailing P/E ratio of 21.7, and revenue of $978M. The company maintains a gross margin of 85.6% and a net margin of 8.9%. Return on equity stands at 18.6%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: November 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.