Progress Return On Assets from 2010 to 2024

PRGS Stock  USD 67.56  2.08  2.99%   
Progress Software Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Progress Software earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0504
Current Value
0.0772
Quarterly Volatility
0.0487972
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
  
Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Latest Progress Software's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Progress Software over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Progress Software's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Progress Return On Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation87.90
Mean Deviation0.03
Median0.06
Standard Deviation0.05
Sample Variance0
Range0.2025
R-Value(0.08)
Mean Square Error0
R-Squared0.01
Significance0.78
Slope(0.0009)
Total Sum of Squares0.03

Progress Return On Assets History

2024 0.0772
2023 0.0504
2022 0.0438
2021 0.0676
2020 0.0575
2019 0.0765
2018 0.03

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although Progress Software investors may analyze each financial statement separately, they are all interrelated. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Progress Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.08 

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Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.