Progress Software Corporation (PRGS) — Tangible Net Worth Ratio
Progress Software Corporation (PRGS) has a Tangible Net Worth Ratio of -1.7% as of May 2026. This metric is calculated by deducting intangible assets ($514.58 Million) from net assets ($506.08 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PRGS net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Progress Software Corporation Tangible Net Worth Ratio (1989–2025)
This chart shows how Progress Software Corporation's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of May 2026, the ratio stands at -1.7%, reflecting net assets of $506.08 Million with intangible assets of $514.58 Million USD. Also explore PRGS net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Progress Software Corporation (1989–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Progress Software Corporation from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Progress Software Corporation (PRGS) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -22.1% | $478.35 Million | $584.03 Million | $2.46 Billion | ▲ +42.8 pp |
| 2024 | -64.9% | $438.79 Million | $723.57 Million | $2.53 Billion | ▼ -87.8 pp |
| 2023 | 22.9% | $459.71 Million | $354.28 Million | $1.60 Billion | ▼ -22.5 pp |
| 2022 | 45.5% | $398.50 Million | $217.35 Million | $1.41 Billion | ▲ +15.1 pp |
| 2021 | 30.4% | $412.49 Million | $287.19 Million | $1.36 Billion | ▼ -8.1 pp |
| 2020 | 38.5% | $346.01 Million | $212.75 Million | $1.04 Billion | ▼ -31.4 pp |
| 2019 | 69.9% | $330.28 Million | $99.39 Million | $881.27 Million | ▼ -11.1 pp |
| 2018 | 81.0% | $310.08 Million | $58.92 Million | $640.61 Million | ▲ +6.2 pp |
| 2017 | 74.8% | $376.08 Million | $94.89 Million | $718.72 Million | ▼ -5.4 pp |
| 2016 | 80.1% | $406.63 Million | $80.83 Million | $754.83 Million | ▲ +2.0 pp |
| 2015 | 78.2% | $522.46 Million | $114.11 Million | $877.12 Million | ▼ -18.1 pp |
| 2014 | 96.2% | $543.25 Million | $20.58 Million | $703.06 Million | ▼ -1.9 pp |
| 2013 | 98.1% | $513.65 Million | $9.95 Million | $682.19 Million | ▼ -1.1 pp |
| 2012 | 99.2% | $638.40 Million | $5.12 Million | $884.98 Million | ▲ +9.5 pp |
| 2011 | 89.7% | $622.30 Million | $64.41 Million | $865.31 Million | ▲ +1.7 pp |
| 2010 | 87.9% | $688.33 Million | $83.21 Million | $936.82 Million | ▲ +3.5 pp |
| 2009 | 84.4% | $555.45 Million | $86.39 Million | $798.85 Million | ▲ +7.1 pp |
| 2008 | 77.4% | $481.45 Million | $108.87 Million | $752.37 Million | ▼ -11.0 pp |
| 2007 | 88.4% | $517.87 Million | $59.93 Million | $761.83 Million | ▲ +5.3 pp |
| 2006 | 83.1% | $444.56 Million | $75.07 Million | $670.24 Million | ▲ +17.7 pp |
| 2005 | 65.4% | $381.66 Million | $132.19 Million | $566.84 Million | ▼ -19.3 pp |
| 2004 | 84.7% | $266.98 Million | $40.83 Million | $446.81 Million | ▼ -5.6 pp |
| 2003 | 90.3% | $222.04 Million | $21.53 Million | $367.77 Million | ▼ -6.9 pp |
| 2002 | 97.2% | $172.96 Million | $4.90 Million | $290.17 Million | ▼ -2.8 pp |
| 2001 | 100.0% | $185.18 Million | $0.00 | $299.38 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $166.81 Million | $0.00 | $278.81 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $142.30 Million | $0.00 | $256.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $102.90 Million | $0.00 | $206.70 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $96.70 Million | $0.00 | $171.70 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $114.00 Million | $0.00 | $173.20 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $114.10 Million | $0.00 | $175.70 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $88.50 Million | $0.00 | $134.60 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $69.90 Million | $0.00 | $107.80 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $53.20 Million | $0.00 | $81.40 Million | ▲ +0.3 pp |
| 1991 | 99.7% | $39.40 Million | $100.00K | $60.30 Million | ▲ +1.3 pp |
| 1990 | 98.4% | $12.90 Million | $200.00K | $27.80 Million | ▲ +3.4 pp |
| 1989 | 95.0% | $8.00 Million | $400.00K | $17.10 Million | — |