PCOR vs BSY vs PTC Stock Comparison

Procore Technologies, Bentley Systems and Ptc Prices as of Oct 26, 2026 Peers: Industry group
BSY Bentley Systems Inc
$39.84 +26.7% 1M -23.0% 1Y
Market cap
$12.25B
P/E
42.2x
Revenue (TTM)
$1.60B
Div. yield
–
Construction Software Technology
1 win
PTC Ptc Inc.
$194.25 +40.6% 1M -5.2% 1Y
Market cap
$22.32B
P/E
18.2x
Revenue (TTM)
$2.95B
Div. yield
–
Construction Software Technology
10 wins

Head to Head

11 decided of 12

Ptc leads on 10 of the 12 questions below (Ptc 10, Bentley Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPCORBSYPTCLeader
Larger companyMarket capitalisation $9.33B $12.25B $22.32B PTC
Cheaper on earningsLower P/E, profitable companies only -240.1x 42.2x 18.2x PTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 36.5x 27.5x 25.5x PTC
Faster revenue growthRevenue growth, trailing twelve months +15.4% +12.8% +19.5% PTC
More profitableNet margin, trailing twelve months -2.7% 18.1% 41.4% PTC
Better return on capitalReturn on invested capital — 12.3% 18.0% PTC
Less leveragedLower net debt / EBITDA — 2.4x 0.9x PTC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -16.3% -23.0% -5.2% PTC
Better 5-year returnAnnualised price return, 5 years -7.1%/yr -7.2%/yr +9.2%/yr PTC
Less volatileAnnualised volatility, 1 year 52.5% 41.1% 46.7% BSY
Higher overall scoreMean of the five percentile scores vs peers 56/100 50/100 75/100 PTC

Percentile Scorecard

PCORBSYPTC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPCORBSYPTC
Valuation 37 #57 of 90 42 #53 of 90 61 #36 of 90
Growth 95 #5 of 82 53 #39 of 82 84 #14 of 82
Profitability 53 #37 of 77 91 #8 of 77 95 #5 of 77
Financial Health 44 #54 of 96 23 #74 of 96 58 #41 of 96
Shareholder Returns 53 #26 of 54 43 #31 of 54 79 #12 of 54
Overall 56 50 75
  • PCOR ranked among 99 companies in Vertical Software
  • BSY ranked among 99 companies in Vertical Software
  • PTC ranked among 99 companies in Vertical Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPCORBSYPTCSPY
1 month +27.2%+26.7%+40.6% -0.8%
3 months +34.8%+18.2%+55.1% +3.5%
6 months +12.8%+21.4%+42.4% +7.0%
Year to date -13.7%+4.4%+11.5% +12.2%
1 year -16.3%-23.0%-5.2% +13.0%
3 years +2.9%-17.6%+42.8% +86.3%
3 years, per year +1.0%-6.2%+12.6% +23.1%
5 years -30.8%-31.1%+55.4% +68.6%
5 years, per year -7.1%-7.2%+9.2% +11.0%
10 years ——+346.0% +258.0%
10 years, per year ——+16.1% +13.6%

Risk

MeasurePCORBSYPTCSPY
Volatility, 1Y 52.5%41.1%46.7% 12.7%
Downside volatility, 1Y 54.3%39.6%40.4% 12.7%
Beta vs S&P 500, 1Y 0.700.410.53 1.00
Return / volatility, 1Y -0.31-0.56-0.11 1.02
Max drawdown, 5Y -60.4%-54.2%-48.1% -25.4%
From 52-week high -21.2%-23.7%-4.4% -1.8%
52-week high $79.60$52.20$203.28 $779.14
52-week low $38.30$28.42$112.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePCORBSYPTC
P/E now vs peer median -244.3xmedian 42.4x 42.8xmedian 42.4x 18.2xmedian 42.4x
P/S now vs peer median 6.7xmedian 2.7x 7.5xmedian 2.7x 7.3xmedian 2.7x
EV/EBITDA now vs peer median 187.7xmedian 19.0x 29.1xmedian 19.0x 18.6xmedian 19.0x
P/FCF now vs peer median 27.5xmedian 19.4x 24.1xmedian 19.4x 23.0xmedian 19.4x
P/B now vs peer median 7.5xmedian 1.8x 10.0xmedian 1.8x 6.2xmedian 1.8x
PEG now vs peer median -5.07median 1.75 1.75median 1.75 0.30median 1.75

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPCORBSYPTC
Revenue $1.42B $1.60B $2.95B
Gross profit $1.14B $1.31B $2.50B
Operating income -$69.18M $377.88M $1.12B
Net income -$38.88M $289.97M $1.22B
Free cash flow $347.01M $498.50M $935.48M
R&D $364.78M $324.84M $474.33M
EPS (diluted) $-0.25 $0.91 $10.64
Cash & equivalents $494.39M $146.98M $351.45M
Total debt – $1.22B $1.42B
Shares (diluted) 152.79M 318.96M 114.98M
Enterprise value $6.63B $11.70B $21.14B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPCORBSYPTC
P/E -244.3x 42.8x 18.2x
P/FCF 27.5x 24.1x 23.0x
P/Operating cash flow 25.9x 23.0x 22.5x
P/S 6.7x 7.5x 7.3x
P/B 7.5x 10.0x 6.2x
P/Tangible book 9.7x 11.6x 8.0x
EV/EBITDA 187.7x 29.1x 18.6x
EV/EBIT -128.3x 34.6x 20.2x
EV/Revenue 6.2x 8.2x 7.6x
EV/FCF 25.6x 26.3x 24.1x
EV/Operating cash flow 24.1x 25.0x 23.6x
PEG (3Y EPS CAGR) -5.07 1.75 0.30

Growth

14 metrics
MetricPCORBSYPTC
Revenue growth (1Y) 15.4% 12.8% 19.5%
Revenue CAGR (3Y) 19.6% 11.2% 12.8%
Gross profit growth (1Y) 15.1% 13.8% 22.9%
Gross profit CAGR (3Y) 19.3% 12.9% 15.1%
Operating income growth (1Y) 59.1% 14.6% 50.4%
Operating income CAGR (3Y) 36.9% 20.6% 32.2%
Net income growth (1Y) 72.8% 14.0% 138.7%
Net income CAGR (3Y) 46.8% 22.7% 58.6%
EPS growth (1Y) 73.3% 19.0% 150.1%
EPS CAGR (3Y) 48.2% 24.4% 60.6%
Operating cash flow growth (1Y) 122.8% 16.7% 10.9%
Operating cash flow CAGR (3Y) 98.8% 13.0% 16.8%
Free cash flow growth (1Y) 148.8% 14.9% 10.1%
Free cash flow CAGR (3Y) 113.1% 13.7% 17.8%

Profitability

14 metrics
MetricPCORBSYPTC
Gross margin 80.0% 81.8% 84.5%
EBITDA margin 3.3% 28.1% 41.2%
Operating margin -4.9% 23.6% 37.8%
Pretax margin -2.9% 23.3% 51.8%
Net margin -2.7% 18.1% 41.4%
FCF margin 24.4% 31.1% 31.7%
Operating cash flow margin 25.9% 32.6% 32.3%
Return on equity -3.1% 23.9% 33.4%
Return on assets -1.8% 8.2% 18.8%
Return on invested capital – 12.3% 18.0%
Return on capital employed -5.4% 14.7% 21.5%
Asset turnover 0.7x 0.5x 0.5x
Cash conversion (OCF / net income) -9.5x 1.8x 0.8x
Stock comp / revenue 17.5% 4.9% 8.1%

Financial Health

11 metrics
MetricPCORBSYPTC
Debt / assets – 34.0% 21.9%
Debt / equity – 1.0x 0.4x
Net debt / EBITDA – 2.4x 0.9x
Debt / FCF – 2.4x 1.5x
Liabilities / assets 43.0% 66.5% 46.7%
Equity / assets 57.0% 33.5% 53.3%
Interest coverage -68.0x – 17.1x
Current ratio 1.2x 0.6x 1.0x
Quick ratio 1.0x 0.1x 0.9x
Cash ratio 0.7x 0.1x 0.3x
Altman Z-score 5.70 3.67 5.90

Shareholder Returns

7 metrics
MetricPCORBSYPTC
Dividend yield – 0.7% –
Net buyback yield 1.0% 1.6% 6.5%
Shareholder yield 1.0% 2.3% 6.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPCORBSYPTC
Forward P/E 36.5xFY2026 27.5xFY2026 25.5xFY2026
EPS, next fiscal year $1.72FY2026 $1.45FY2026 $7.62FY2026
EPS growth, next FY +26.5%FY2026 +19.8%FY2026 -4.7%FY2026
EPS growth, the year after +52.9% +3.4% +11.9%
Revenue, next fiscal year $1.43BFY2026 $1.79BFY2026 $2.85BFY2026
Revenue growth, next FY +8.0%FY2026 +19.2%FY2026 +4.0%FY2026
Revenue growth, the year after +25.5% +10.2% -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPCORBSYPTC
Held by institutions 97.7% 50.2% 97.3%
Institutions holding 400 396 681
Change in shares held, QoQ -0.1% +3.8% -1.5%
Institutions buying 207 195 340
Institutions selling 151 160 280
Buyers to sellers 1.37 1.22 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PCORBSYPTC
PCOR 1.00 0.64 0.50
BSY 0.64 1.00 0.61
PTC 0.50 0.61 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PCOR, BSY and PTC?

Ptc (PTC) is the largest by market capitalisation: Procore Technologies (PCOR) $9.33B, Bentley Systems (BSY) $12.25B, Ptc (PTC) $22.32B.

Which stock is cheaper, PCOR, BSY and PTC?

Ptc (PTC) trades on the lowest price-to-earnings ratio (Procore Technologies (PCOR) -240.1x, Bentley Systems (BSY) 42.2x, Ptc (PTC) 18.2x). On next year's consensus earnings, Ptc (PTC) is cheapest (Procore Technologies (PCOR) 36.5x, Bentley Systems (BSY) 27.5x, Ptc (PTC) 25.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ptc (PTC) grew revenue fastest over the trailing twelve months: Procore Technologies (PCOR) +15.4%, Bentley Systems (BSY) +12.8%, Ptc (PTC) +19.5%.

Which company is more profitable?

Ptc (PTC) has the highest net margin (Procore Technologies (PCOR) -2.7%, Bentley Systems (BSY) 18.1%, Ptc (PTC) 41.4%). On return on invested capital, Ptc (PTC) leads (Bentley Systems (BSY) 12.3%, Ptc (PTC) 18.0%).

Which stock has performed better?

Over the past year Ptc (PTC) returned the most: Procore Technologies (PCOR) -16.3%, Bentley Systems (BSY) -23.0%, Ptc (PTC) -5.2%. Over five years, Ptc (PTC) compounded fastest (Procore Technologies (PCOR) -7.1%/yr, Bentley Systems (BSY) -7.2%/yr, Ptc (PTC) +9.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bentley Systems (BSY) has been the steadiest (Procore Technologies (PCOR) 52.5%, Bentley Systems (BSY) 41.1%, Ptc (PTC) 46.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PCOR, BSY and PTC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ptc (PTC) leads on 10. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.