Amdocs (DOX) vs Progress Software (PRGS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Progress Software (PRGS) has outperformed Amdocs (DOX) over the past year, losing 15.3% versus a loss of 28.1%. Over five years, PRGS leads with a -21.6% price change compared with -27.1% for DOX. Amdocs is the larger company by market cap ($6.14 billion vs $1.61 billion), about 3.8 times the size, while Progress Software is growing revenue faster (+29.8% vs +2.4%).
On valuation, Progress Software trades at a lower forward P/E (5.5x vs 7.3x for Amdocs). Amdocs pays a dividend yielding 3.73%, while Progress Software does not currently pay one. Amdocs converts more of its revenue into profit, with a net margin of 9.9% versus 7.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DOX | PRGS |
|---|---|---|
| Share price | $58.84 | $39.33 |
| Market cap | $6.14B | $1.61B |
| 1-day change | -2.33% | +2.74% |
| YTD return | -26.92% | -8.45% |
| 1-year return | -28.07% | -15.26% |
| 5-year return | -27.05% | -21.62% |
| P/E ratio (TTM) | 13.98 | 17.64 |
| Forward P/E | 7.33 | 5.48 |
| EPS (TTM) | $4.21 | $2.23 |
| Dividend yield | 3.73% | 0.00% |
| Annual dividend | $2.19 | $0.00 |
| Revenue (latest FY) | $5.00B | $977.83M |
| Revenue growth (YoY) | +2.40% | +29.79% |
| Net income (latest FY) | $493.20M | $73.13M |
| Gross margin | 35.07% | 80.82% |
| Operating margin | 12.56% | 15.68% |
| Net margin | 9.85% | 7.48% |
| 52-week high | $85.63 | $47.25 |
| 52-week low | $49.74 | $23.82 |
| Distance from 52-week high | -31.29% | -16.76% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +34.69% | +42.89% |
| Average volume | 1.12M | 561.83K |
| Shares outstanding | 104.42M | 40.87M |
| Employees | 26,969 | 2,801 |
| Sector | Technology | Technology |
| Industry | EDP Services | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Amdocs is about 3.8 times larger than Progress Software by market value ($6.14B vs $1.61B).
- PRGS has outperformed DOX by 12.8 percentage points over the past year.
- Progress Software trades at a higher earnings multiple (17.6x vs 14.0x trailing P/E).
- Amdocs offers a meaningfully higher dividend yield (3.73% vs 0.00%).
- Progress Software grew revenue faster in its latest fiscal year (+29.79% vs +2.40%).
About Amdocs
DOX stock →Amdocs Limited, through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud offering.
Technology · EDP Services · 26,969 employees
About Progress Software
PRGS stock →Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers.
Technology · Computer Software: Prepackaged Software · 2,801 employees
DOX vs PRGS FAQ
Which is bigger, Amdocs or Progress Software?
Amdocs (DOX) is larger, with a market capitalization of $6.14B compared with $1.61B for Progress Software (PRGS).
Which stock has performed better over the past year, DOX or PRGS?
PRGS returned -15.26% over the past 12 months, compared with -28.07% for DOX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOX or PRGS?
DOX has the lower trailing P/E at 14.0, versus 17.6 for PRGS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Amdocs or Progress Software?
Amdocs pays a dividend yielding 3.73%, while Progress Software does not currently pay a regular dividend.
Are Amdocs and Progress Software in the same industry?
Both are in the Technology sector, but in different industries: EDP Services for Amdocs and Computer Software: Prepackaged Software for Progress Software.