PRGS vs. TEAM
PRGS (Progress Software Corporation) and TEAM (Atlassian Corporation Plc) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, PRGS returned 4.04%/yr vs 13.38%/yr for TEAM. At a 0.41 correlation, their price movements are largely independent.
Performance
PRGS vs. TEAM - Performance Comparison
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Returns By Period
In the year-to-date period, PRGS achieves a -11.01% return, which is significantly higher than TEAM's -40.69% return. Over the past 10 years, PRGS has underperformed TEAM with an annualized return of 4.04%, while TEAM has yielded a comparatively higher 13.38% annualized return.
PRGS
- 1D
- 0.98%
- 1M
- 21.48%
- 6M
- -12.78%
- YTD
- -11.01%
- 1Y
- -22.95%
- 3Y*
- -12.67%
- 5Y*
- -2.41%
- 10Y*
- 4.04%
TEAM
- 1D
- 8.22%
- 1M
- 8.63%
- 6M
- -34.33%
- YTD
- -40.69%
- 1Y
- -48.58%
- 3Y*
- -18.70%
- 5Y*
- -17.99%
- 10Y*
- 13.38%
PRGS vs. TEAM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | -11.01% | -34.06% | 21.16% | 8.94% | 6.05% | 8.44% | 10.64% | 18.95% | -15.41% | 35.45% |
TEAM Atlassian Corporation Plc | -40.69% | -33.38% | 2.32% | 84.85% | -66.25% | 63.04% | 94.34% | 35.24% | 95.47% | 89.04% |
Correlation
The correlation between PRGS and TEAM is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2015 | 0.41 |
Fundamentals
PRGS:
$1.57B
TEAM:
$25.26B
PRGS:
$2.06
TEAM:
-$0.82
PRGS:
1.65
TEAM:
4.09
PRGS:
3.21
TEAM:
28.73
PRGS:
$1.00B
TEAM:
$6.19B
PRGS:
$820.93M
TEAM:
$5.20B
PRGS:
$217.66M
TEAM:
-$227.46M
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Return for Risk
PRGS vs. TEAM — Risk / Return Rank
PRGS
TEAM
PRGS vs. TEAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and Atlassian Corporation Plc (TEAM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRGS | TEAM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.88 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.68 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.86 | -1.13 | +0.26 |
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Drawdowns
PRGS vs. TEAM - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, smaller than the maximum TEAM drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for PRGS and TEAM.
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Drawdown Indicators
| PRGS | TEAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.33% | -87.53% | +20.20% |
Max Drawdown (1Y)Largest decline over 1 year | -50.62% | -71.85% | +21.23% |
Max Drawdown (3Y)Largest decline over 3 years | -64.10% | -82.30% | +18.20% |
Max Drawdown (5Y)Largest decline over 5 years | -64.10% | -87.53% | +23.43% |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | -87.53% | +23.43% |
Current DrawdownCurrent decline from peak | -45.30% | -79.01% | +33.71% |
Average DrawdownAverage peak-to-trough decline | -23.63% | -30.19% | +6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.64% | 43.12% | -16.48% |
Volatility
PRGS vs. TEAM - Volatility Comparison
Progress Software Corporation (PRGS) has a higher volatility of 22.24% compared to Atlassian Corporation Plc (TEAM) at 19.23%. This indicates that PRGS's price experiences larger fluctuations and is considered to be riskier than TEAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRGS | TEAM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.24% | 19.23% | +3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 46.76% | 57.10% | -10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.10% | 65.23% | -13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.94% | 61.16% | -26.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.74% | 51.90% | -18.16% |
Dividends
PRGS vs. TEAM - Dividend Comparison
Neither PRGS nor TEAM has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PRGS Progress Software Corporation | 0.00% | 0.00% | 0.81% | 1.29% | 1.39% | 1.45% | 1.48% | 1.52% | 1.62% | 1.21% | 0.39% |
TEAM Atlassian Corporation Plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PRGS vs. TEAM - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and Atlassian Corporation Plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PRGS vs. TEAM - Profitability Comparison
PRGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Progress Software Corporation reported a gross profit of 234.21M and revenue of 253.47M. Therefore, the gross margin over that period was 92.4%.
TEAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Atlassian Corporation Plc reported a gross profit of 1.52B and revenue of 1.79B. Therefore, the gross margin over that period was 85.3%.
PRGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Progress Software Corporation reported an operating income of 45.20M and revenue of 253.47M, resulting in an operating margin of 17.8%.
TEAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Atlassian Corporation Plc reported an operating income of -55.27M and revenue of 1.79B, resulting in an operating margin of -3.1%.
PRGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Progress Software Corporation reported a net income of 21.07M and revenue of 253.47M, resulting in a net margin of 8.3%.
TEAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Atlassian Corporation Plc reported a net income of -98.39M and revenue of 1.79B, resulting in a net margin of -5.5%.
Frequently Asked Questions
PRGS and TEAM have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRGS has higher volatility (22.24%) compared to TEAM (19.23%). In terms of maximum drawdown, PRGS dropped -67.33% vs TEAM's -87.53%.
PRGS currently has the higher Sharpe Ratio (-0.44 vs -0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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