TEAM vs. PRGS
TEAM (Atlassian Corporation Plc) and PRGS (Progress Software Corporation) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 10 years, TEAM returned 13.38%/yr vs 4.04%/yr for PRGS. At a 0.41 correlation, their price movements are largely independent.
Performance
TEAM vs. PRGS - Performance Comparison
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Returns By Period
In the year-to-date period, TEAM achieves a -40.69% return, which is significantly lower than PRGS's -11.01% return. Over the past 10 years, TEAM has outperformed PRGS with an annualized return of 13.38%, while PRGS has yielded a comparatively lower 4.04% annualized return.
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
- 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 vs. PRGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEAM Atlassian Corporation Plc | -40.69% | -33.38% | 2.32% | 84.85% | -66.25% | 63.04% | 94.34% | 35.24% | 95.47% | 89.04% |
PRGS Progress Software Corporation | -11.01% | -34.06% | 21.16% | 8.94% | 6.05% | 8.44% | 10.64% | 18.95% | -15.41% | 35.45% |
Correlation
The correlation between TEAM and PRGS 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
TEAM:
$25.26B
PRGS:
$1.57B
TEAM:
-$0.82
PRGS:
$2.06
TEAM:
4.09
PRGS:
1.65
TEAM:
28.73
PRGS:
3.21
TEAM:
$6.19B
PRGS:
$1.00B
TEAM:
$5.20B
PRGS:
$820.93M
TEAM:
-$227.46M
PRGS:
$217.66M
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Return for Risk
TEAM vs. PRGS — Risk / Return Rank
TEAM
PRGS
TEAM vs. PRGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlassian Corporation Plc (TEAM) and Progress Software Corporation (PRGS). 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.
| TEAM | PRGS | 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 | 0.88 | 0.96 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.46 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.13 | -0.86 | -0.26 |
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Drawdowns
TEAM vs. PRGS - Drawdown Comparison
The maximum TEAM drawdown since its inception was -87.53%, which is greater than PRGS's maximum drawdown of -67.33%. Use the drawdown chart below to compare losses from any high point for TEAM and PRGS.
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Drawdown Indicators
| TEAM | PRGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.53% | -67.33% | -20.20% |
Max Drawdown (1Y)Largest decline over 1 year | -71.85% | -50.62% | -21.23% |
Max Drawdown (3Y)Largest decline over 3 years | -82.30% | -64.10% | -18.20% |
Max Drawdown (5Y)Largest decline over 5 years | -87.53% | -64.10% | -23.43% |
Max Drawdown (10Y)Largest decline over 10 years | -87.53% | -64.10% | -23.43% |
Current DrawdownCurrent decline from peak | -79.01% | -45.30% | -33.71% |
Average DrawdownAverage peak-to-trough decline | -30.19% | -23.63% | -6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.12% | 26.64% | +16.48% |
Volatility
TEAM vs. PRGS - Volatility Comparison
The current volatility for Atlassian Corporation Plc (TEAM) is 19.23%, while Progress Software Corporation (PRGS) has a volatility of 22.24%. This indicates that TEAM experiences smaller price fluctuations and is considered to be less risky than PRGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEAM | PRGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.23% | 22.24% | -3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 57.10% | 46.76% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.23% | 52.10% | +13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.16% | 34.94% | +26.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.90% | 33.74% | +18.16% |
Dividends
TEAM vs. PRGS - Dividend Comparison
Neither TEAM nor PRGS 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
TEAM vs. PRGS - Financials Comparison
This section allows you to compare key financial metrics between Atlassian Corporation Plc and Progress Software Corporation. 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
TEAM vs. PRGS - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
TEAM and PRGS 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, TEAM dropped -87.53% vs PRGS's -67.33%.
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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