Sunday 11 October 2026
Export all BSY data to Excel Powerpack
Bentley Systems, Incorporated
BSY Technology Software Application
Bentley Systems, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 11.0% from fiscal 2024. In the quarter to June 2026, revenue grew 12.8%, EPS grew 13.6%, free cash flow grew 11.9% and total debt fell 2.30%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three.
34.97
0.15
+0.43%
Follow BSY
| Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | 5 | 4 | 6 | 6 | 6 | 9 |
P/E ratio |
— | 74.18 | 74.18 | 94.19 | 155.90 | 65.59 | 47.01 | 63.11 | 43.38 |
Altman Z-Score |
— | — | — | 9.53 | 4.20 | 2.97 | 4.42 | 4.27 | 3.65 |
P/S ratio |
— | 12.50 | 12.50 | 14.65 | 15.31 | 10.33 | 12.55 | 10.87 | 8.00 |
P/FCF ratio |
— | 34.28 | 34.28 | 48.54 | 54.62 | 44.00 | 39.36 | 34.91 | 23.09 |
Altman Z″-Score (non-manufacturers) |
— | (0.77) | 1.06 | (0.47) | (0.05) | (0.15) | 0.02 | 0.27 | 0.40 |
Beneish M-Score |
— | — | (2.67) | (3.04) | (2.64) | (2.41) | (2.53) | (2.70) | (2.74) |
P/Operating CF |
— | 151.17 | 151.17 | 142.65 | 183.30 | 314.40 | 177.11 | 180.14 | 84.84 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | 68 |
P/B ratio |
— | 25.29 | 25.29 | 34.37 | 36.11 | 19.81 | 17.44 | 14.12 | 10.10 |
Price to Tangible BV |
— | 25.29 | 25.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
— | 12.68 | 12.68 | 14.83 | 16.46 | 11.89 | 13.74 | 11.85 | 8.75 |
EV/EBITDA |
— | 48.84 | 48.84 | 63.46 | 103.57 | 45.46 | 54.50 | 42.87 | 30.15 |
EV/Operating CF |
— | 31.73 | 31.73 | 46.00 | 55.14 | 47.63 | 40.50 | 36.85 | 24.42 |
EV/FCF |
— | 34.75 | 34.75 | 49.13 | 58.72 | 50.62 | 43.09 | 38.08 | 25.27 |
Quick Ratio |
— | 0.61 | 0.83 | 0.67 | 0.95 | 0.57 | 0.48 | 0.46 | 0.49 |
Current Ratio |
— | 0.65 | 0.90 | 0.73 | 1.04 | 0.66 | 0.55 | 0.54 | 0.56 |
Net Debt/EBITDA |
— | 1.17 | 0.65 | 0.75 | 7.22 | 5.95 | 4.71 | 3.54 | 2.58 |
Debt/Assets |
0.00% | 28.02% | 23.50% | 23.36% | 54.00% | 56.26% | 46.04% | 40.83% | 35.13% |
Debt/Equity |
— | 1.76 | 0.70 | 0.77 | 3.51 | 3.11 | 1.73 | 1.33 | 1.05 |
Asset Turnover |
— | 1.50 | 0.77 | 0.76 | 0.51 | 0.38 | 0.38 | 0.40 | 0.43 |
Operating CF/Net income |
— | 1.14 | 1.66 | 2.05 | 3.09 | 1.57 | 1.28 | 1.85 | 1.94 |
Capex/Depreciation |
— | (0.66) | (0.51) | (0.44) | (0.30) | (0.21) | (0.32) | (0.20) | (0.25) |
Interest Coverage |
— | 13.85 | 17.30 | 22.15 | 8.43 | 6.02 | 5.79 | 13.71 | 29.16 |
| — | 58.97% | 42.77% | 37.35% | 24.82% | 35.56% | 44.84% | 24.39% | 24.91% | |
| — | 30.77% | 10.75% | 11.91% | 4.92% | 6.00% | 10.08% | 6.99% | 7.99% | |
ROIC |
— | 23.34% | 19.82% | 19.45% | 3.90% | 5.71% | 6.15% | 7.98% | 9.79% |
Return on Tangible Assets |
— | (115.42%) | (1,117.73%) | (130.35%) | 173.27% | (96.96%) | (108.67%) | (69.37%) | (72.14%) |
Average Days of Receivables |
— | 97.39 | 101.33 | 86.53 | 88.98 | 95.34 | 87.22 | 84.83 | 83.29 |
Research and Development Expense of Revenue |
— | 25.30% | 24.92% | 23.14% | 22.89% | 23.46% | 22.36% | 20.79% | 20.48% |
Selling, General and Administrative Expense of Revenue |
— | 36.14% | 34.27% | 32.07% | 32.37% | 33.69% | 32.98% | 34.41% | 33.75% |
Intangible Assets out of Total Assets |
0.00 | 0.54 | 0.53 | 0.56 | 0.69 | 0.80 | 0.76 | 0.76 | 0.75 |
Share Based Compensation of Revenue |
— | 1.76% | 1.10% | 4.03% | 14.93% | 5.41% | 7.05% | 6.41% | 5.79% |
Graham Net Nets |
— | 0.03 | 0.03 | (0.04) | (0.11) | (0.19) | (0.13) | (0.13) | (0.15) |
Graham Number |
— | 0.00 | 0.00 | 3.38 | 3.06 | 4.83 | 8.18 | 7.42 | 8.65 |
Earnings Yield |
— | 1.35% | 1.35% | 1.06% | 0.64% | 1.52% | 2.13% | 1.58% | 2.31% |
Free Cash Flow Yield |
— | 2.92% | 2.92% | 2.06% | 1.83% | 2.27% | 2.54% | 2.86% | 4.33% |
Revenue per Share |
— | 2.42 | 2.59 | 2.77 | 3.16 | 3.55 | 3.93 | 4.30 | 4.77 |
Operating CF per Share |
— | 0.56 | 0.60 | 0.89 | 0.94 | 0.89 | 1.33 | 1.38 | 1.71 |
Capex per Share |
— | (0.07) | (0.06) | (0.06) | (0.06) | (0.05) | (0.08) | (0.04) | (0.06) |
Free Cash Flow per Share |
— | 0.50 | 0.54 | 0.83 | 0.88 | 0.83 | 1.25 | 1.34 | 1.65 |
Cash per Share |
— | 0.28 | 0.43 | 0.42 | 1.08 | 0.23 | 0.22 | 0.20 | 0.39 |
Shareholders Equity per Share |
— | 0.52 | 1.18 | 1.18 | 1.34 | 1.85 | 2.83 | 3.31 | 3.78 |
Interest Debt per Share |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
— | 0.52 | 1.18 | 1.18 | 1.34 | 1.85 | 2.83 | 3.31 | 3.78 |
Free Cash Flow |
— | 141.97 | 154.13 | 241.89 | 270.49 | 258.16 | 391.69 | 421.25 | 520.21 |
Working Capital |
— | (152.52) | (38.85) | (125.30) | 21.96 | (212.46) | (340.81) | (372.26) | (421.18) |
Capital Expenditures |
— | (19.49) | (16.64) | (16.45) | (17.54) | (16.17) | (25.00) | (14.05) | (18.25) |
Net Current Asset Value |
— | (492.94) | (306.42) | (444.18) | (1,634.19) | (2,175.66) | (2,016.31) | (1,916.61) | (1,826.64) |
EV/EBIT |
— | 0.00 | 0.00 | 79.14 | 167.90 | 62.64 | 73.21 | 53.08 | 36.26 |
Capex to Sales |
— | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 |
Price to Operating Income |
— | 0.00 | 0.00 | 78.20 | 156.20 | 54.45 | 66.88 | 48.67 | 33.12 |
| Other line items | |||||||||
Depreciation/Fixed assets |
— | 1.01 | 1.10 | 1.31 | 1.85 | 2.44 | 1.97 | 2.13 | 2.04 |
Cash ROIC |
— | 29.13% | 22.36% | 33.29% | 12.44% | 10.64% | 15.79% | 16.90% | 20.31% |
Accounts Receivable Turnover |
— | 3.53 | 3.79 | 4.06 | 4.54 | 4.21 | 4.23 | 4.45 | 4.57 |
Accounts Payable Turnover |
— | 9.73 | 10.99 | 9.79 | 13.13 | 14.97 | 16.00 | 14.91 | 12.78 |
Inventory Turnover |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
— | 23.81 | 44.74 | 36.01 | 27.78 | 23.37 | 24.82 | 23.33 | 35.45 |
Days of Inventory on Hand |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
— | 196.00 | 194.53 | 197.26 | 212.64 | 261.17 | 290.30 | 304.00 | 328.58 |
Average Payables |
— | 13.50 | 13.12 | 17.08 | 16.49 | 15.83 | 16.64 | 17.29 | 21.72 |
Average Assets |
— | 461.80 | 959.10 | 1,060.32 | 1,892.64 | 2,912.12 | 3,242.43 | 3,359.83 | 3,477.49 |
Average Common Equity |
— | 241.00 | 241.03 | 338.11 | 375.41 | 491.34 | 728.72 | 962.55 | 1,115.31 |
Columns are period end dates