Progress Software Corp (PRGS)
64.74
+0.79
(+1.24%)
USD |
NASDAQ |
Nov 05, 16:00
64.74
0.00 (0.00%)
After-Hours: 19:07
Progress Software Gross Profit Margin (Quarterly): 83.73% for Aug. 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| August 31, 2024 | 83.73% |
| May 31, 2024 | 81.68% |
| February 29, 2024 | 82.24% |
| November 30, 2023 | 80.98% |
| August 31, 2023 | 81.19% |
| May 31, 2023 | 81.05% |
| February 28, 2023 | 84.04% |
| November 30, 2022 | 85.02% |
| August 31, 2022 | 84.26% |
| May 31, 2022 | 83.89% |
| February 28, 2022 | 83.98% |
| November 30, 2021 | 84.96% |
| August 31, 2021 | 86.39% |
| May 31, 2021 | 84.24% |
| February 28, 2021 | 85.17% |
| November 30, 2020 | 85.10% |
| August 31, 2020 | 86.57% |
| May 31, 2020 | 85.80% |
| February 29, 2020 | 86.43% |
| November 30, 2019 | 82.26% |
| August 31, 2019 | 80.49% |
| May 31, 2019 | 82.39% |
| February 28, 2019 | 82.09% |
| November 30, 2018 | 82.95% |
| August 31, 2018 | 81.97% |
| Date | Value |
|---|---|
| May 31, 2018 | 82.08% |
| February 28, 2018 | 82.28% |
| November 30, 2017 | 83.32% |
| August 31, 2017 | 81.43% |
| May 31, 2017 | 81.37% |
| February 28, 2017 | 82.68% |
| November 30, 2016 | 85.95% |
| August 31, 2016 | 83.15% |
| May 31, 2016 | 83.11% |
| February 29, 2016 | 82.40% |
| November 30, 2015 | 86.48% |
| August 31, 2015 | 84.01% |
| May 31, 2015 | 82.27% |
| February 28, 2015 | 78.34% |
| November 30, 2014 | 88.62% |
| August 31, 2014 | 90.08% |
| May 31, 2014 | 90.87% |
| February 28, 2014 | 89.43% |
| November 30, 2013 | 91.10% |
| August 31, 2013 | 89.02% |
| May 31, 2013 | 89.61% |
| February 28, 2013 | 88.20% |
| November 30, 2012 | 88.85% |
| August 31, 2012 | 87.24% |
| May 31, 2012 | 88.38% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
80.98%
Minimum
Nov 2023
86.57%
Maximum
Aug 2020
83.95%
Average
84.14%
Median
Gross Profit Margin (Quarterly) Benchmarks
| ALT5 Sigma Corp | 50.62% |
| Cantaloupe Inc | 37.30% |
| Aurora Innovation Inc | -- |
| AtlasClear Holdings Inc | -- |
| Veea Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 18.83% |
| Return on Assets | 5.19% |
| Return on Invested Capital | 6.94% |
| Profit Margin (Quarterly) | 15.93% |
| Operating Margin (Quarterly) | 24.32% |
| Return on Net Operating Assets | 5.71% |