Bentley Systems Financials

BSY Stock  USD 41.65  0.36  0.86%   
Based on the key indicators related to Bentley Systems' liquidity, profitability, solvency, and operating efficiency, Bentley Systems may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Bentley Systems' Other Liabilities is fairly stable compared to the past year. Property Plant And Equipment Net is likely to rise to about 68.1 M in 2025, whereas Other Current Liabilities is likely to drop slightly above 257.1 M in 2025. Key indicators impacting Bentley Systems' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1735
Significantly Down
Slightly volatile
Return On Assets0.09870.0691
Way Up
Slightly volatile
Return On Equity0.440.2255
Way Up
Slightly volatile
Debt Equity Ratio1.521.3705
Significantly Up
Very volatile
Operating Income196.3 M302.1 M
Way Down
Slightly volatile
Current Ratio0.80.5429
Way Up
Pretty Stable
Investors should never underestimate Bentley Systems' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Bentley Systems' cash flow, debt, and profitability to make informed and accurate decisions about investing in Bentley Systems.

Net Income

188.77 Million

  
Understanding current and past Bentley Systems Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bentley Systems' financial statements are interrelated, with each one affecting the others. For example, an increase in Bentley Systems' assets may result in an increase in income on the income statement.

Bentley Systems Earnings Geography

Please note, the imprecision that can be found in Bentley Systems' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bentley Systems. Check Bentley Systems' Beneish M Score to see the likelihood of Bentley Systems' management manipulating its earnings.

Bentley Systems Stock Summary

Bentley Systems competes with Appfolio, Workiva, Alarm Holdings, NCino, and Aspen Technology. Bentley Systems, Incorporated, together with its subsidiaries, provides infrastructure engineering software solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Bentley Systems, Incorporated was incorporated in 1984 and is headquartered in Exton, Pennsylvania. Bentley Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 4500 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS08265T2087
CUSIP08265T208
LocationPennsylvania; U.S.A
Business Address685 Stockton Drive,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.bentley.com
Phone610 458 5000
CurrencyUSD - US Dollar

Bentley Systems Key Financial Ratios

Bentley Systems Key Balance Sheet Accounts

202020212022202320242025 (projected)
Other Current Liab210.2M310.8M347.4M425.5M510.4M257.1M
Other Liab33.8M41.0M189.9M159.8M183.8M193.0M
Net Tangible Assets(191.8M)(285.2M)(1.4B)(2.0B)(1.8B)(1.7B)
Retained Earnings(376.0M)(439.6M)(370.9M)(161.9M)(75.9M)(79.7M)
Accounts Payable16.5M16.5M15.2M18.1M16.5M15.1M
Other Assets130.6M120.0M87.7M1.01.151.09
Net Receivables190.5M235.6M287.1M293.5M322.9M225.7M
Other Current Assets27.8M50.9M57.1M57.6M55.2M36.3M
Total Current Assets340.3M615.8M415.9M419.6M442.1M371.8M
Common Stock2.7M2.8M2.9M3.0M3.0M2.4M
Total Assets1.1B2.7B3.2B3.3B3.4B2.4B
Net Debt172.4M1.2B1.8B1.5B1.4B980.3M
Cash122.0M329.3M71.7M68.4M64.0M98.0M
Long Term Debt246M1.4B1.8B1.5B1.4B1.1B
Good Will581.2M1.6B2.2B2.3B2.4B1.6B
Inventory3.5M16.9M18.4M1.01.151.09
Total Liab784.4M2.3B2.6B2.4B2.4B1.9B
Net Invested Capital587.6M1.8B2.4B2.4B2.4B1.7B
Capital Stock2.7M2.8M2.9M3.0M3.0M3.1M
Net Working Capital(125.3M)22.0M(212.5M)(340.8M)(372.3M)(353.6M)
Short Term Debt33.2M22.5M34.3M33.3M11.7M11.1M
Intangible Assets45.6M245.8M292.3M248.8M214.0M180.2M

Bentley Systems Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Interest Expense7.5M12.5M34.6M41.3M24.8M17.1M
Income Tax Expense38.6M(3.4M)21.3M(143.2M)58.7M61.7M
Ebit175.5M107.4M233.3M224.9M317.8M183.4M
Tax Provision38.6M(3.4M)21.3M35.2M58.7M61.7M
Net Interest Income(7.5M)(12.5M)(34.6M)(41.7M)(22.0M)(23.1M)
Interest Income437K306K421K2.3M2.7M2.9M
Total Revenue801.5M965.0M1.1B1.2B1.4B1.1B
Gross Profit634.4M748.5M862.1M910.2M1.1B849.1M
Operating Income150.2M94.6M208.6M230.5M302.2M196.3M
Research Development185.5M220.9M257.9M274.6M281.2M248.1M
Ebitda206.0M152.3M297.6M288.4M382.4M260.0M
Cost Of Revenue167.2M216.5M237.0M318.2M257.8M231.3M
Income Before Tax167.6M93.3M198.3M183.5M293.1M184.9M
Net Income126.5M93.2M174.8M326.8M234.8M188.8M

Bentley Systems Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Bentley Systems. It measures of how well Bentley is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Bentley Systems brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Bentley had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Bentley Systems has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Net Borrowings(36.0M)8.6M1.2B332.1M382.0M228.7M
Capital Expenditures16.4M17.5M18.5M25.0M14.0M16.2M
Change To Netincome24.0M32.3M24.9M42.5M48.8M51.3M
Investments(117.3M)(1.1B)(770.1M)(80.9M)(143.3M)(150.4M)
Change In Cash905K207.3M(257.7M)(3.3M)(4.4M)(4.6M)
Depreciation36.1M52.8M71.5M71.9M64.6M51.2M
Dividends Paid422.6M33.4M34.5M(58.8M)(72.1M)(68.5M)
Net Income126.5M93.2M174.8M326.8M234.4M165.7M
End Period Cash Flow122.0M329.3M71.7M68.4M64.0M99.2M
Free Cash Flow241.9M270.5M255.8M391.7M421.2M295.0M
Other Non Cash Items(20.0M)1.6M(27.0M)46.5M26.7M28.1M

Bentley Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Bentley Systems's current stock value. Our valuation model uses many indicators to compare Bentley Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bentley Systems competition to find correlations between indicators driving Bentley Systems's intrinsic value. More Info.
Bentley Systems is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.24  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bentley Systems is roughly  4.18 . At this time, Bentley Systems' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bentley Systems' earnings, one of the primary drivers of an investment's value.

Bentley Systems' Earnings Breakdown by Geography

Bentley Systems Systematic Risk

Bentley Systems' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bentley Systems volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Bentley Systems correlated with the market. If Beta is less than 0 Bentley Systems generally moves in the opposite direction as compared to the market. If Bentley Systems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bentley Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bentley Systems is generally in the same direction as the market. If Beta > 1 Bentley Systems moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Bentley Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bentley Systems' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Bentley Systems growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.99)

At this time, Bentley Systems' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Bentley Systems March 20, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Bentley Systems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bentley Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bentley Systems based on widely used predictive technical indicators. In general, we focus on analyzing Bentley Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bentley Systems's daily price indicators and compare them against related drivers.

Additional Tools for Bentley Stock Analysis

When running Bentley Systems' price analysis, check to measure Bentley Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bentley Systems is operating at the current time. Most of Bentley Systems' value examination focuses on studying past and present price action to predict the probability of Bentley Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley Systems' price. Additionally, you may evaluate how the addition of Bentley Systems to your portfolios can decrease your overall portfolio volatility.