Loading institutional data...
Loading institutional data...
Held by 278 of 5,944 reporting institutions (94th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $43.13 today, the market must believe free cash flow compounds 4.3%/yr for a decade (off $201M normalized FCF).
The market's 4.3% is more conservative than its 9-yr track record.
2-stage DCF · 0.04B shares · net debt $1.3B
mean 10.5% · volatility σ 10% · implied rate exceeded in 8/9 yrs
Central path = implied 4.3%/yr growth; shaded band = ±1σ (10%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $786000 dividends + $105M buybacks = $106M returned on $229M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: 4%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $95M covers the $0 due within a year 94807000.0× over. Scheduled principal only (excludes interest & revolver draws). As of 2019-08-31 (10-Q).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~5.1% on $1.4B of debt.
Cash of $95M is below short-term debt of $359M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-14
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $977.8M 100.0% | $753.4M 100.0% | $694.4M 100.0% | $602.0M 100.0% | $531.3M 100.0% | $442.1M 100.0% | $413.3M 100.0% | $379.0M 100.0% | $397.6M 100.0% | $405.3M 100.0% |
| Cost of Revenue | $187.6M 19.2% | $130.5M 17.3% | $126.6M 18.2% | $94.5M 15.7% | $78.4M 14.8% | $62.1M 14.0% | $75.2M 18.2% | $67.0M 17.7% | $69.2M 17.4% | $65.7M 16.2% |
| Cost of Services | — | — | — | — | — | — | — | — | $43.3M 10.9% | $44.8M 11.0% |
| Gross Profit | $790.3M 80.8% | $622.9M 82.7% | $567.9M 81.8% | $507.5M 84.3% | $452.9M 85.2% | $380.0M 86.0% | $338.1M 81.8% | $312.0M 82.3% | $320.0M 80.5% | $339.6M 83.8% |
| Selling, General & Admin | $108.2M 11.1% | $89.5M 11.9% | $83.2M 12.0% | $77.9M 12.9% | $65.1M 12.3% | $54.0M 12.2% | $53.4M 12.9% | $49.0M 12.9% | $45.7M 11.5% | $46.5M 11.5% |
| Total Operating Expenses | $637.0M 65.1% | $498.9M 66.2% | $457.3M 65.9% | $375.4M 62.4% | $336.8M 63.4% | $272.3M 61.6% | $298.0M 72.1% | $244.2M 64.4% | $262.5M 66.0% | $369.3M 91.1% |
| Operating Income | $153.3M 15.7% | $124.0M 16.5% | $110.5M 15.9% | $132.1M 21.9% | $116.1M 21.9% | $107.7M 24.4% | $40.1M 9.7% | $67.8M 17.9% | $57.5M 14.5% | -$29.7M -7.3% |
| Interest Expense | $70.8M 7.2% | $32.0M 4.2% | $30.8M 4.4% | $15.8M 2.6% | $20.0M 3.8% | $10.2M 2.3% | $9.9M 2.4% | $5.1M 1.4% | $4.6M 1.2% | $4.2M 1.0% |
| Other Income (Expense), net | -$71.7M -7.3% | -$29.7M -3.9% | -$30.9M -4.4% | -$14.9M -2.5% | -$20.6M -3.9% | -$11.1M -2.5% | -$11.6M -2.8% | -$7.0M -1.9% | -$5.0M -1.3% | -$5.6M -1.4% |
| Pretax Income | $81.6M 8.3% | $94.3M 12.5% | $79.7M 11.5% | $117.3M 19.5% | $95.5M 18.0% | $96.6M 21.9% | $28.5M 6.9% | $60.8M 16.0% | $52.5M 13.2% | -$35.3M -8.7% |
| Income Tax Expense | $8.5M 0.9% | $25.8M 3.4% | $9.5M 1.4% | $22.2M 3.7% | $17.1M 3.2% | $16.9M 3.8% | $2.1M 0.5% | $11.1M 2.9% | $23.4M 5.9% | $20.4M 5.0% |
| Net Income | $73.1M 7.5% | $68.4M 9.1% | $70.2M 10.1% | $95.1M 15.8% | $78.4M 14.8% | $79.7M 18.0% | $26.4M 6.4% | $49.7M 13.1% | $29.0M 7.3% | -$55.7M -13.7% |
| Per Share | ||||||||||
| EPS (Basic) | $1.70 | $1.58 | $1.62 | $2.19 | $1.79 | $1.78 | $0.59 | $1.09 | $0.60 | $-1.13 |
| EPS (Diluted) | $1.66 | $1.54 | $1.57 | $2.15 | $1.76 | $1.76 | $0.58 | $1.08 | $0.60 | $-1.13 |
| Weighted Avg Shares (Basic) | 43.0M | 43.3M | 43.5M | 43.5M | 43.9M | 44.9M | 44.8M | 45.6M | 48.1M | 49.5M |
| Weighted Avg Shares (Diluted) | 44.0M | 44.4M | 44.7M | 44.2M | 44.6M | 45.3M | 45.3M | 46.1M | 48.5M | 49.5M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-09-14
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 17.7 | 18.2 | 14.0 | 14.8 | 15.7 | 18.2 | 17.3 | 19.2 |
| Gross Profit | 82.3 | 81.8 | 86.0 | 85.2 | 84.3 | 81.8 | 82.7 | 80.8 |
| SG&A | 12.9 | 12.9 | 12.2 | 12.3 | 12.9 | 12.0 | 11.9 | 11.1 |
| Operating Income | 17.9 | 9.7 | 24.4 | 21.9 | 21.9 | 15.9 | 16.5 | 15.7 |
| Income Tax | 2.9 | 0.5 | 3.8 | 3.2 | 3.7 | 1.4 | 3.4 | 0.9 |
| Net Income | 13.1 | 6.4 | 18.0 | 14.8 | 15.8 | 10.1 | 9.1 | 7.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on PRGS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $11.24T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.31T | 44.5× | 39.8× | 24.6× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.91T | 44.5× | 34.3× | 11.8× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.68T | 27.6× | 19.5× | 11.1× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.72T | 75.9× | 67.7× | 26.9× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.09T | 128.5× | 60.5× | 29.3× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $841.3B | 194.8× | 199.1× | 24.3× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $514.1B | — | 64.0× | 9.7× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $444.0B | 44.0× | 37.2× | 7.8× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $399.9B | 265.4× | 276.7× | 89.3× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| LRCX | $378.4B | 71.9× | 60.4× | 20.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| DELL | $369.9B | 65.4× | 34.9× | 3.3× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| AMAT | $362.0B | 52.7× | 41.6× | 12.8× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| RPAY | $304.6B | — | — | 984.9× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| UMC | $284.4B | — | — | — | — | — | — | — | — | — | 302 |
| ARM | $281.8B | 311.5× | 242.8× | 57.3× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| SAP | $253.5B | — | — | — | — | — | — | — | — | — | 794 |
| ANET | $250.8B | 72.6× | 63.3× | 27.9× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| TXN | $244.2B | 49.3× | 32.1× | 13.8× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| SNDK | $238.5B | — | — | 32.4× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| CRM | $230.1B | 31.8× | 24.9× | 5.5× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $228.0B | 21.8× | — | 3.4× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| PANW | $220.9B | 206.7× | 137.8× | 23.9× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| MRVL | $200.0B | 76.9× | 130.7× | 24.4× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| QCOM | $195.4B | 36.3× | 14.7× | 4.4× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| PRGS | $1.7B | 24.1× | 18.8× | 1.7× | 29.8% | 80.8% | 7.5% | 15.3% | 3.9% | 8.8× | 278 |
Peers = companies sharing PRGS's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.