GURUFOCUS.COM » STOCK LIST » Technology » Software » Progress Software Corp (STU:PGR) » Definitions » Growth Rank

Progress Software (STU:PGR) Growth Rank : 9 (As of May. 12, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Progress Software Growth Rank?

Progress Software has the Growth Rank of 9.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of Progress Software's Growth Rank

For the Software - Infrastructure subindustry, Progress Software's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Progress Software's Growth Rank Distribution in the Software Industry

For the Software industry and Technology sector, Progress Software's Growth Rank distribution charts can be found below:

* The bar in red indicates where Progress Software's Growth Rank falls into.



Progress Software Growth Rank Related Terms

Thank you for viewing the detailed overview of Progress Software's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Progress Software (STU:PGR) Business Description

Traded in Other Exchanges
Address
15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.

Progress Software (STU:PGR) Headlines

From GuruFocus

Q2 2023 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Progressive Reports July 2023 Results

By Marketwired 08-16-2023

Q2 2022 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Progressive Reports September 2023 Results

By Marketwired 10-13-2023

Q3 2019 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Progressive Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024