Flagship explainer

What drives PROGRESS SOFTWARE CORP /MA’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity16%Tax burden90%net income ÷ pretax incomeInterest burden53%pretax ÷ operating incomeOperating margin16%operating income ÷ revenueAsset turnover0.39×revenue ÷ average assetsEquity multiplier5.43×average assets ÷ average equityAs of 2025-11-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$73.1MFY2025
Income before tax$81.6MFY2025
Operating income$153MFY2025
$978MFY2025
Ending assets$2.5BFY2025
Beginning assets$2.5BFY2024
$478MFY2025
$439MFY2024
Source: · event Nov 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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