PRGS vs. WS
PRGS (Progress Software Corporation) and WS (Worthington Steel Inc) are both stocks. PRGS operates in Software - Application (Technology), while WS operates in Steel (Basic Materials). Over the past year, PRGS returned -49.74% vs 79.79% for WS. At a 0.23 correlation, their price movements are largely independent.
Performance
PRGS vs. WS - Performance Comparison
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Returns By Period
In the year-to-date period, PRGS achieves a -26.75% return, which is significantly lower than WS's 26.59% return.
PRGS
- 1D
- -0.38%
- 1M
- 17.43%
- YTD
- -26.75%
- 6M
- -29.75%
- 1Y
- -49.74%
- 3Y*
- -19.45%
- 5Y*
- -7.35%
- 10Y*
- 3.19%
WS
- 1D
- 0.25%
- 1M
- 12.02%
- YTD
- 26.59%
- 6M
- 22.31%
- 1Y
- 79.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRGS vs. WS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRGS Progress Software Corporation | -26.75% | -34.06% | 21.16% | 0.82% |
WS Worthington Steel Inc | 26.59% | 11.18% | 15.44% | 16.60% |
Correlation
The correlation between PRGS and WS is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2023 | 0.23 |
The correlation between PRGS and WS shifts across timeframes, from 0.10 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PRGS:
$1.34B
WS:
$2.16B
PRGS:
$1.95
WS:
$2.44
PRGS:
16.10
WS:
17.82
PRGS:
44.58
WS:
17.31
PRGS:
1.39
WS:
0.65
PRGS:
2.70
WS:
22.35
PRGS:
$987.62M
WS:
$3.35B
PRGS:
$802.40M
WS:
$411.50M
PRGS:
$136.06M
WS:
$216.90M
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Return for Risk
PRGS vs. WS — Risk / Return Rank
PRGS
WS
PRGS vs. WS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and Worthington Steel Inc (WS). 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 | WS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.64 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.29 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 1.78 | -2.61 |
| Martin ratioReturn relative to average drawdown | -1.30 | 5.16 | -6.46 |
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Drawdowns
PRGS vs. WS - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, which is greater than WS's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for PRGS and WS.
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Drawdown Indicators
| PRGS | WS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.33% | -50.98% | -16.35% |
Max Drawdown (1Y)Largest decline over 1 year | -61.14% | -42.00% | -19.14% |
Max Drawdown (3Y)Largest decline over 3 years | -64.10% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -64.10% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.10% | — | — |
Current DrawdownCurrent decline from peak | -54.97% | -9.99% | -44.98% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -21.81% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.81% | 14.48% | +24.33% |
Volatility
PRGS vs. WS - Volatility Comparison
Progress Software Corporation (PRGS) has a higher volatility of 14.81% compared to Worthington Steel Inc (WS) at 11.90%. This indicates that PRGS's price experiences larger fluctuations and is considered to be riskier than WS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRGS | WS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 11.90% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 41.69% | 35.08% | +6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.89% | 49.54% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.42% | 52.31% | -18.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.17% | 52.31% | -19.14% |
Dividends
PRGS vs. WS - Dividend Comparison
PRGS has not paid dividends to shareholders, while WS's dividend yield for the trailing twelve months is around 1.84%.
| 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% |
WS Worthington Steel Inc | 1.47% | 1.85% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PRGS vs. WS - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and Worthington Steel Inc. 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. WS - Profitability Comparison
PRGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported a gross profit of 203.94M and revenue of 247.80M. Therefore, the gross margin over that period was 82.3%.
WS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a gross profit of 76.10M and revenue of 769.80M. Therefore, the gross margin over that period was 9.9%.
PRGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported an operating income of 46.47M and revenue of 247.80M, resulting in an operating margin of 18.8%.
WS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported an operating income of -1.40M and revenue of 769.80M, resulting in an operating margin of -0.2%.
PRGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Progress Software Corporation reported a net income of 22.81M and revenue of 247.80M, resulting in a net margin of 9.2%.
WS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a net income of 10.40M and revenue of 769.80M, resulting in a net margin of 1.4%.
Frequently Asked Questions
PRGS and WS have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRGS has higher volatility (14.81%) compared to WS (11.90%). In terms of maximum drawdown, PRGS dropped -67.33% vs WS's -50.98%.
WS currently has the higher Sharpe Ratio (1.51 vs -1.03), 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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