Bentley Systems, Incorporated BSY Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 81.6%+0.1pp | 81.5%+0.3pp | 81.2%0.0pp | 81.2%+0.1pp | 81.1%+0.2pp | |
| Operating margin | 24%-0.1pp | 24.1%+0.5pp | 23.7%+0.4pp | 23.2%-0.3pp | 23.5%+1.1pp | |
| Net margin | 18.1%-0.4pp | 18.5%+0.1pp | 18.4%+0.5pp | 17.9%-0.5pp | 18.5%+1.1pp | |
| Returns | ||||||
| Return on equity | 24.3%-0.7pp | 24.9%— | —— | —— | —— | |
| Return on invested capital | 12.9%+0.8pp | 12.1%— | —— | —— | —— | |
| 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×-0.1× | 0.6×+0.1× | 0.5×0.0× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1×-0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×-0.1× | 1.2×-0.2× | |
| Net debt / EBITDA | 2.5×-0.3× | 2.8×0.0× | 2.8×-0.3× | 3.1×0.0× | 3.1×-0.7× | |
| Per Share | ||||||
| Book value per share | $3.81+6.7% | $3.57-0.4% | $3.59+2.7% | $3.49+6.1% | $3.29+5.5% | |
| Valuation | ||||||
| Market capitalization | $10.64B-8.2% | $11.59B-25.9% | $15.63B-2.0% | $15.94B+33.7% | $11.92B-15.5% | |
| Price / earnings | 37.7×-4.0× | 41.7×-16.3× | 58×-4.7× | 62.7×+16.1× | 46.6×-13.5× | |
| Price / sales | 6.8×-0.9× | 7.7×-3.0× | 10.7×-0.5× | 11.2×+2.6× | 8.6×-1.8× | |
| Price / book | 8.7×-1.1× | 9.7×-3.3× | 13.1×-0.6× | 13.7×+2.9× | 10.9×-2.7× | |
| EV / EBITDA | 27.7×-3.3× | 31.1×-11.5× | 42.6×-1.9× | 44.5×+10.1× | 34.4×-8.7× | |
| Dividend yield | 0.8%+0.1pp | 0.7%+0.2pp | 0.5%0.0pp | 0.5%-0.1pp | 0.6%+0.1pp |
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.
