Market cap
$11,202 Mln
Revenue (TTM)
$1,602 Mln
P/E Ratio
40.3
P/B Ratio
9.1
Div. Yield
0.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -3.17 | 12.80 | 12.85 | 11.16 | 13.03 |
| EBIT | -17.40 | 28.17 | 22.95 | 22.24 | 16.62 |
| Net Profit | -17.60 | 11.59 | 14.09 | 22.74 | 12.58 |
| EPS | -16.88 | 16.33 | 16.82 | 23.15 | 12.01 |
| Book Value | -- | -- | 14.53 | 26.40 | 26.44 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 21.99 | 19.67 | 25.78 | 24.18 | 23.49 |
| Net Margin
| -- | 9.58 | 18.10 | -- | -- |
| Return on equity
| 31.40 | 30.93 | 24.26 | 24.92 | 24.40 |
| Return on Capital
| 11.42 | 9.95 | -- | 11.25 | 9.54 |
| Return on Assets
| 8.35 | 7.20 | 6.55 | 7.99 | 6.99 |
| Debt to Equity (x)
| -- | -- | 1.01 | 1.08 | 1.37 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
11.25
|
9.54
|
13.48
|
8.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
24.26
Higher than Peers by 13.17
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
24.26
|
24.92
|
24.40
|
44.89
|
35.60
|
|
Peer Median
|
11.09
|
--
|
--
|
--
|
--
|
ROA
6.55
Higher than Peers by 2.93
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
6.55
|
7.99
|
6.99
|
10.08
|
6.00
|
|
Peer Median
|
3.62
|
--
|
--
|
--
|
--
|
EBIT Margin
25.78
Higher than Peers by 16.92
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
25.78
|
24.18
|
23.49
|
18.30
|
21.23
|
|
Peer Median
|
8.85
|
--
|
--
|
--
|
--
|
Net Margin
18.10
Higher than Peers by 9.02
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
18.10
|
18.50
|
17.35
|
26.60
|
15.90
|
|
Peer Median
|
9.08
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
12.85
Lower than Peers by 2.39
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
12.85
|
0.11
|
0.10
|
0.12
|
0.14
|
|
Peer Median
|
15.24
|
--
|
--
|
--
|
--
|
EBIT Growth
22.95
Lower than Peers by 6.56
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
22.95
|
14.27
|
41.35
|
-3.63
|
117.26
|
|
Peer Median
|
29.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
14.09
Lower than Peers by 16.36
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
14.09
|
18.35
|
-28.15
|
86.97
|
87.55
|
|
Peer Median
|
30.45
|
--
|
--
|
--
|
--
|
EPS Growth
16.82
Lower than Peers by 41.05
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
16.82
|
0.19
|
-0.28
|
0.82
|
0.82
|
|
Peer Median
|
57.87
|
--
|
--
|
--
|
--
|
Book Value Growth
7.94
Lower than Peers by 13.08
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
7.94
|
--
|
--
|
--
|
--
|
|
Peer Median
|
21.02
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.01
Higher than Peers by 1.00
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
1.01
|
1.08
|
1.37
|
1.78
|
3.18
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
0.02
|
0.01
|
0.01
|
0.02
|
0.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.59
Lower than Peers by 0.98
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
0.59
|
0.56
|
0.54
|
0.55
|
0.66
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Quick Ratio
0.59
Lower than Peers by 0.97
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
0.59
|
--
|
--
|
0.55
|
0.63
|
|
Peer Median
|
1.56
|
--
|
--
|
--
|
--
|
Interest Coverage
10.38
Lower than Peers by 3.12
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
10.38
|
23.70
|
12.83
|
5.44
|
6.66
|
|
Peer Median
|
13.50
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.98
Higher than Peers by 4.80
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
22.98
|
22.82
|
23.24
|
23.90
|
26.12
|
|
Peer Median
|
18.18
|
--
|
--
|
--
|
--
|
Asset Turnover
0.36
Lower than Peers by 0.07
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
0.36
|
0.43
|
0.40
|
0.38
|
0.38
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
79.91
|
82.06
|
86.32
|
86.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
--
|
0.00
|
10.56
|
27.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
28.58
|
24.49
|
19.10
|
24.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
--
|
--
|
57.57
|
77.79
|
89.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
40.30
Lower than Peers by 11.10
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
40.30
|
45.75
|
66.41
|
53.24
|
68.50
|
|
Peer Median
|
51.41
|
--
|
--
|
--
|
--
|
Price / Book Value
9.15
Higher than Peers by 1.35
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
9.15
|
10.69
|
14.98
|
19.70
|
20.90
|
|
Peer Median
|
7.80
|
--
|
--
|
--
|
--
|
Dividend Yield
0.77
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
0.77
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
25.95
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
25.95
|
32.34
|
44.33
|
65.52
|
45.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
11,202
Higher than Peers by 10,081
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Bentley Systems Inc (BSY)
|
11,202
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,120
|
--
|
--
|
--
|
--
|