Bentley Systems, Incorporated BSY Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 81.6%+0.5pp | 81.5%+0.6pp | 81.2%+0.8pp | 81.2%+1.2pp | 81.1%+2.0pp | |
| Operating margin | 24%+0.5pp | 24.1%+1.8pp | 23.7%+2.5pp | 23.2%+1.2pp | 23.5%+3.0pp | |
| Net margin | 18.1%-0.3pp | 18.5%+1.2pp | 18.4%-9.3pp | 17.9%-11.3pp | 18.5%-9.6pp | |
| Returns | ||||||
| Return on equity | 24.3%— | 24.9%+0.5pp | —— | —— | —— | |
| Return on invested capital | 12.9%— | 12.1%+2.0pp | —— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.5×0.0× | 0.6×0.0× | 0.6×+0.1× | 0.5×0.0× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1×-0.2× | 1.1×-0.3× | 1.1×— | 1.1×— | 1.2×— | |
| Net debt / EBITDA | 2.5×-0.6× | 2.8×-1.0× | 2.8×-1.3× | 3.1×-0.8× | 3.1×-1.1× | |
| Per Share | ||||||
| Book value per share | $3.81+15.7% | $3.57+14.5% | $3.59— | $3.49— | $3.29— | |
| Valuation | ||||||
| Market capitalization | $10.64B-10.8% | $11.59B-17.9% | $15.63B-2.3% | $15.94B+2.8% | $11.92B-27.3% | |
| Price / earnings | 37.7×-8.9× | 41.7×-18.4× | 58×+14.1× | 62.7×+21.3× | 46.6×-0.1× | |
| Price / sales | 6.8×-1.8× | 7.7×-2.7× | 10.7×-1.5× | 11.2×-0.8× | 8.6×-4.5× | |
| Price / book | 8.7×-2.2× | 9.7×-3.8× | 13.1×— | 13.7×— | 10.9×— | |
| EV / EBITDA | 27.7×-6.7× | 31.1×-12.1× | 42.6×-9.2× | 44.5×-4.7× | 34.4×-21.6× | |
| Dividend yield | 0.8%+0.2pp | 0.7%+0.2pp | 0.5%+0.1pp | 0.5%+0.1pp | 0.6%+0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Bentley Systems, Incorporated's profit margins?
- Bentley Systems, Incorporated (BSY) runs a 81.6% gross margin and a 24.0% operating margin, with a 18.1% net margin.
- Where do Bentley Systems, Incorporated's ratios come from?
- Every ratio is computed from Bentley Systems, Incorporated's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
