Bentley Systems (BSY) EV to FCF (2020 - 2026)
Bentley Systems' (BSY) EV to FCF was 17.80 for Q2 2026, down 52.6% from 37.55 a year earlier and down 17.1% from the prior quarter.
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Analysis
Bentley Systems (BSY) EV to FCF (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bentley Systems' EV to FCF came in at 17.01, down 54.1% year-over-year; for FY2025, it was 21.95, down 34.1% from FY2024.
- EV to FCF has declined for four consecutive years.
- By year, EV to FCF came in at 33.33 in FY2024 (-15.2%), 39.29 in FY2023 (-5.3%), 41.49 in FY2022 (-15.8%) and 49.26 in FY2021 (+9.3%).
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF in data going back to Q3 2020.
- Year over year, EV to FCF has now declined in each of the last four quarters, with an average decline of 21.0% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q3 2021 (growth of 59.5%); the low point was Q2 2022 (a decline of 52.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.47 (Q1 2026), 21.95 (Q4 2025) and 33.59 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.64 Bn | 9.10 Bn | 336.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.80 |
| Mar 31, 2026 | 21.47 |
| Dec 31, 2025 | 21.95 |
| Sep 30, 2025 | 33.59 |
| Jun 30, 2025 | 37.55 |
| Mar 31, 2025 | 27.12 |
| Dec 31, 2024 | 33.33 |
| Sep 30, 2024 | 35.85 |
| Jun 30, 2024 | 36.23 |
| Mar 31, 2024 | 36.62 |
| Dec 31, 2023 | 39.29 |
| Sep 30, 2023 | 43.20 |
| Jun 30, 2023 | 46.88 |
| Mar 31, 2023 | 37.67 |
| Dec 31, 2022 | 41.49 |
| Sep 30, 2022 | 29.22 |
| Jun 30, 2022 | 32.95 |
| Mar 31, 2022 | 52.41 |
| Dec 31, 2021 | 49.26 |
| Sep 30, 2021 | 61.48 |
API Access
Bentley Systems EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=BSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "BSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=BSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();