PCOR vs BSY Stock Comparison

Procore Technologies and Bentley Systems 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
4 wins

Head to Head

8 decided of 12

Bentley Systems leads on 4 of the 12 questions below (Bentley Systems 4, Procore Technologies 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

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

Percentile Scorecard

PCORBSY

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

AxisPCORBSY
Valuation 37 #57 of 90 42 #53 of 90
Growth 95 #5 of 82 53 #39 of 82
Profitability 53 #37 of 77 91 #8 of 77
Financial Health 44 #54 of 96 23 #74 of 96
Shareholder Returns 53 #26 of 54 43 #31 of 54
Overall 56 50
  • PCOR ranked among 99 companies in Vertical Software
  • BSY ranked among 99 companies in Vertical Software

Price Performance

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

Returns

PeriodPCORBSYSPY
1 month +27.2%+26.7% -0.8%
3 months +34.8%+18.2% +3.5%
6 months +12.8%+21.4% +7.0%
Year to date -13.7%+4.4% +12.2%
1 year -16.3%-23.0% +13.0%
3 years +2.9%-17.6% +86.3%
3 years, per year +1.0%-6.2% +23.1%
5 years -30.8%-31.1% +68.6%
5 years, per year -7.1%-7.2% +11.0%

Risk

MeasurePCORBSYSPY
Volatility, 1Y 52.5%41.1% 12.7%
Downside volatility, 1Y 54.3%39.6% 12.7%
Beta vs S&P 500, 1Y 0.700.41 1.00
Return / volatility, 1Y -0.31-0.56 1.02
Max drawdown, 5Y -60.4%-54.2% -25.4%
From 52-week high -21.2%-23.7% -1.8%
52-week high $79.60$52.20 $779.14
52-week low $38.30$28.42 $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.

MultiplePCORBSY
P/E now vs peer median -244.3xmedian 42.4x 42.8xmedian 42.4x
P/S now vs peer median 6.7xmedian 2.7x 7.5xmedian 2.7x
EV/EBITDA now vs peer median 187.7xmedian 19.0x 29.1xmedian 19.0x
P/FCF now vs peer median 27.5xmedian 19.4x 24.1xmedian 19.4x
P/B now vs peer median 7.5xmedian 1.8x 10.0xmedian 1.8x
PEG now vs peer median -5.07median 1.75 1.75median 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 monthsPCORBSY
Revenue $1.42B $1.60B
Gross profit $1.14B $1.31B
Operating income -$69.18M $377.88M
Net income -$38.88M $289.97M
Free cash flow $347.01M $498.50M
R&D $364.78M $324.84M
EPS (diluted) $-0.25 $0.91
Cash & equivalents $494.39M $146.98M
Total debt – $1.22B
Shares (diluted) 152.79M 318.96M
Enterprise value $6.63B $11.70B

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
MetricPCORBSY
P/E -244.3x 42.8x
P/FCF 27.5x 24.1x
P/Operating cash flow 25.9x 23.0x
P/S 6.7x 7.5x
P/B 7.5x 10.0x
P/Tangible book 9.7x 11.6x
EV/EBITDA 187.7x 29.1x
EV/EBIT -128.3x 34.6x
EV/Revenue 6.2x 8.2x
EV/FCF 25.6x 26.3x
EV/Operating cash flow 24.1x 25.0x
PEG (3Y EPS CAGR) -5.07 1.75

Growth

14 metrics
MetricPCORBSY
Revenue growth (1Y) 15.4% 12.8%
Revenue CAGR (3Y) 19.6% 11.2%
Gross profit growth (1Y) 15.1% 13.8%
Gross profit CAGR (3Y) 19.3% 12.9%
Operating income growth (1Y) 59.1% 14.6%
Operating income CAGR (3Y) 36.9% 20.6%
Net income growth (1Y) 72.8% 14.0%
Net income CAGR (3Y) 46.8% 22.7%
EPS growth (1Y) 73.3% 19.0%
EPS CAGR (3Y) 48.2% 24.4%
Operating cash flow growth (1Y) 122.8% 16.7%
Operating cash flow CAGR (3Y) 98.8% 13.0%
Free cash flow growth (1Y) 148.8% 14.9%
Free cash flow CAGR (3Y) 113.1% 13.7%

Profitability

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

Financial Health

11 metrics
MetricPCORBSY
Debt / assets – 34.0%
Debt / equity – 1.0x
Net debt / EBITDA – 2.4x
Debt / FCF – 2.4x
Liabilities / assets 43.0% 66.5%
Equity / assets 57.0% 33.5%
Interest coverage -68.0x –
Current ratio 1.2x 0.6x
Quick ratio 1.0x 0.1x
Cash ratio 0.7x 0.1x
Altman Z-score 5.70 3.67

Shareholder Returns

7 metrics
MetricPCORBSY
Dividend yield – 0.7%
Net buyback yield 1.0% 1.6%
Shareholder yield 1.0% 2.3%
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.

ConsensusPCORBSY
Forward P/E 36.5xFY2026 27.5xFY2026
EPS, next fiscal year $1.72FY2026 $1.45FY2026
EPS growth, next FY +26.5%FY2026 +19.8%FY2026
EPS growth, the year after +52.9% +3.4%
Revenue, next fiscal year $1.43BFY2026 $1.79BFY2026
Revenue growth, next FY +8.0%FY2026 +19.2%FY2026
Revenue growth, the year after +25.5% +10.2%

Institutional Ownership

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

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.

PCORBSY
PCOR 1.00 0.64
BSY 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PCOR and BSY?

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

Which company is growing faster?

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

Which company is more profitable?

Bentley Systems (BSY) has the highest net margin (Procore Technologies (PCOR) -2.7%, Bentley Systems (BSY) 18.1%).

Which stock has performed better?

Over the past year Procore Technologies (PCOR) returned the most: Procore Technologies (PCOR) -16.3%, Bentley Systems (BSY) -23.0%. Over five years, Procore Technologies (PCOR) compounded fastest (Procore Technologies (PCOR) -7.1%/yr, Bentley Systems (BSY) -7.2%/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%). Volatility measures how widely the price swings, not the risk of the business.

Do PCOR and BSY move together?

Their daily returns over the past year have a correlation of 0.64, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, PCOR and BSY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bentley Systems (BSY) leads on 4. 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.