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Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

Healthcare Realty Trust Inc is the larger business by last-quarter revenue ($286.3M vs $252.7M, roughly 1.1× PROGRESS SOFTWARE CORP). Healthcare Realty Trust Inc runs the higher net margin — 183.4% vs 10.2%, a 173.2% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -7.6%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs -6.4%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

Progress Software Corporation develops and sells enterprise software products including application development platforms, data connectivity tools, and digital experience solutions. It serves global enterprise clients across finance, healthcare, manufacturing, retail and other sectors, helping organizations build scalable, high-performance business applications and streamline operational workflows.

HR vs PRGS — Head-to-Head

Bigger by revenue
HR
HR
1.1× larger
HR
$286.3M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+25.1% gap
PRGS
17.5%
-7.6%
HR
Higher net margin
HR
HR
173.2% more per $
HR
183.4%
10.2%
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-6.4%
HR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HR
HR
PRGS
PRGS
Revenue
$286.3M
$252.7M
Net Profit
$14.6M
$25.7M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
183.4%
10.2%
Revenue YoY
-7.6%
17.5%
Net Profit YoY
113.5%
2144.6%
EPS (diluted)
$0.04
$0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HR
HR
PRGS
PRGS
Q4 25
$286.3M
$252.7M
Q3 25
$297.8M
$249.8M
Q2 25
$297.5M
$237.4M
Q1 25
$299.0M
$238.0M
Q4 24
$309.8M
$215.0M
Q3 24
$315.4M
$178.7M
Q2 24
$316.3M
$175.1M
Q1 24
$326.8M
$184.7M
Net Profit
HR
HR
PRGS
PRGS
Q4 25
$14.6M
$25.7M
Q3 25
$-57.7M
$19.4M
Q2 25
$-157.9M
$17.0M
Q1 25
$-44.9M
$10.9M
Q4 24
$-108.2M
$1.1M
Q3 24
$-93.0M
$28.5M
Q2 24
$-143.8M
$16.2M
Q1 24
$-310.8M
$22.6M
Gross Margin
HR
HR
PRGS
PRGS
Q4 25
81.6%
Q3 25
81.0%
Q2 25
80.1%
Q1 25
80.6%
Q4 24
83.0%
Q3 24
83.7%
Q2 24
81.7%
Q1 24
82.2%
Operating Margin
HR
HR
PRGS
PRGS
Q4 25
15.2%
Q3 25
17.6%
Q2 25
16.3%
Q1 25
13.6%
Q4 24
10.0%
Q3 24
22.6%
Q2 24
15.5%
Q1 24
19.0%
Net Margin
HR
HR
PRGS
PRGS
Q4 25
183.4%
10.2%
Q3 25
-19.4%
7.8%
Q2 25
-53.1%
7.2%
Q1 25
-15.0%
4.6%
Q4 24
-1924.1%
0.5%
Q3 24
-29.5%
15.9%
Q2 24
-45.5%
9.2%
Q1 24
-95.1%
12.3%
EPS (diluted)
HR
HR
PRGS
PRGS
Q4 25
$0.04
$0.59
Q3 25
$-0.17
$0.44
Q2 25
$-0.45
$0.39
Q1 25
$-0.13
$0.24
Q4 24
$-0.34
$0.01
Q3 24
$-0.26
$0.65
Q2 24
$-0.39
$0.37
Q1 24
$-0.82
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HR
HR
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$26.2M
$94.8M
Total DebtLower is stronger
$3.9B
$1.4B
Stockholders' EquityBook value
$4.6B
$478.3M
Total Assets
$9.2B
$2.5B
Debt / EquityLower = less leverage
0.85×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
PRGS
PRGS
Q4 25
$26.2M
$94.8M
Q3 25
$43.3M
$99.0M
Q2 25
$25.5M
$102.0M
Q1 25
$25.7M
$124.2M
Q4 24
$68.9M
$118.1M
Q3 24
$22.8M
$232.7M
Q2 24
$41.8M
$190.4M
Q1 24
$26.2M
$133.2M
Total Debt
HR
HR
PRGS
PRGS
Q4 25
$3.9B
$1.4B
Q3 25
$4.5B
$1.4B
Q2 25
$4.7B
$1.5B
Q1 25
$4.7B
$1.5B
Q4 24
$4.7B
$1.5B
Q3 24
$5.0B
Q2 24
$5.1B
Q1 24
$5.1B
Stockholders' Equity
HR
HR
PRGS
PRGS
Q4 25
$4.6B
$478.3M
Q3 25
$4.7B
$477.7M
Q2 25
$4.8B
$452.7M
Q1 25
$5.1B
$431.8M
Q4 24
$5.2B
$438.8M
Q3 24
$5.5B
$425.6M
Q2 24
$5.9B
$401.7M
Q1 24
$6.4B
$461.7M
Total Assets
HR
HR
PRGS
PRGS
Q4 25
$9.2B
$2.5B
Q3 25
$9.9B
$2.4B
Q2 25
$10.2B
$2.4B
Q1 25
$10.5B
$2.5B
Q4 24
$10.7B
$2.5B
Q3 24
$11.2B
$1.6B
Q2 24
$11.8B
$1.6B
Q1 24
$12.3B
$1.5B
Debt / Equity
HR
HR
PRGS
PRGS
Q4 25
0.85×
2.93×
Q3 25
0.96×
2.97×
Q2 25
0.97×
3.22×
Q1 25
0.93×
3.50×
Q4 24
0.89×
3.48×
Q3 24
0.90×
Q2 24
0.87×
Q1 24
0.80×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HR
HR
PRGS
PRGS
Operating Cash FlowLast quarter
$457.1M
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
31.33×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HR
HR
PRGS
PRGS
Q4 25
$457.1M
$62.8M
Q3 25
$113.8M
$73.4M
Q2 25
$163.2M
$30.0M
Q1 25
$47.8M
$68.9M
Q4 24
$501.6M
$19.7M
Q3 24
$119.3M
$57.7M
Q2 24
$168.2M
$63.7M
Q1 24
$76.2M
$70.5M
Free Cash Flow
HR
HR
PRGS
PRGS
Q4 25
$59.9M
Q3 25
$72.4M
Q2 25
$29.5M
Q1 25
$67.7M
Q4 24
$16.8M
Q3 24
$56.6M
Q2 24
$62.7M
Q1 24
$70.2M
FCF Margin
HR
HR
PRGS
PRGS
Q4 25
23.7%
Q3 25
29.0%
Q2 25
12.4%
Q1 25
28.4%
Q4 24
7.8%
Q3 24
31.7%
Q2 24
35.8%
Q1 24
38.0%
Capex Intensity
HR
HR
PRGS
PRGS
Q4 25
1.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.2%
Cash Conversion
HR
HR
PRGS
PRGS
Q4 25
31.33×
2.44×
Q3 25
3.78×
Q2 25
1.76×
Q1 25
6.30×
Q4 24
17.13×
Q3 24
2.03×
Q2 24
3.93×
Q1 24
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HR
HR

Segment breakdown not available.

PRGS
PRGS

Maintenanceand Services$187.5M74%
Share File Acquisition$67.5M27%

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