Bentley Systems reported a gross margin of 81.99% and a net margin of 19.10% for the quarter ended Jun 2026. These financial ratios cover 28 quarters of results from Sep 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||
| Gross Margin | 78.43% | 77.75% | 79.75% | 77.75% | 77.94% | 78.27% | 78.63% | 77.62% | 78.91% | 78.18% | 81.69% | 80.87% | 80.66% | 80.59% | 82.28% | 81.11% | 80.78% | 81.89% | 82.61% | 81.99% | ||||||||
| EBT Margin | -16.84% | 15.26% | 21.85% | 19.23% | 17.64% | 13.64% | 17.49% | 15.09% | 22.69% | 4.56% | 27.40% | 23.42% | 17.57% | 18.37% | 30.18% | 21.78% | 22.29% | 19.38% | 27.95% | 23.15% | ||||||||
| EBIT Margin | -14.93% | 16.16% | 20.54% | 20.77% | 20.70% | 14.20% | 20.92% | 17.96% | 24.03% | 12.16% | 27.22% | 24.27% | 20.48% | 17.56% | 31.09% | 23.19% | 22.50% | 20.05% | 29.77% | 21.57% | ||||||||
| EBITDA Margin | -14.93% | 16.16% | 20.54% | 20.77% | 20.70% | 14.20% | 20.92% | 17.96% | 24.03% | 12.16% | 27.22% | 24.27% | 20.48% | 17.56% | 31.09% | 23.19% | 22.50% | 20.05% | 29.77% | 21.57% | ||||||||
| Operating Margin | -14.93% | 16.16% | 20.54% | 20.77% | 20.70% | 14.20% | 20.92% | 17.96% | 24.03% | 12.16% | 27.22% | 24.27% | 20.48% | 17.56% | 31.09% | 23.19% | 22.50% | 20.05% | 29.77% | 21.57% | ||||||||
| Net Margin | -19.10% | 14.41% | 20.46% | 20.75% | 13.78% | 8.96% | 14.47% | 16.41% | 17.31% | 57.79% | 20.81% | 21.80% | 12.64% | 14.19% | 24.65% | 19.35% | 15.30% | 14.95% | 22.49% | 19.10% | ||||||||
| FCF Margin | 20.68% | 27.72% | 35.41% | 24.07% | 23.51% | 10.65% | 54.69% | 24.81% | 21.26% | 26.06% | 59.62% | 18.01% | 25.15% | 21.75% | 58.39% | 15.65% | 29.47% | 34.77% | 44.29% | 15.53% | ||||||||
| Efficiency | ||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 2.45B | 2.56B | 2.91B | 3.13B | 3.07B | 3.10B | 3.18B | 3.18B | 3.15B | 3.23B | 3.34B | 3.31B | 3.33B | 3.40B | 3.40B | 3.41B | 3.44B | 3.51B | 3.54B | 3.55B | ||||||||
| Invested CapitalInvested Cap. | 1.68B | 1.85B | 2.34B | 2.33B | 2.31B | 2.36B | 2.30B | 2.29B | 2.29B | 2.42B | 2.38B | 2.32B | 2.45B | 2.43B | 2.34B | 2.41B | 2.44B | 2.44B | 2.34B | 2.43B | ||||||||
| Asset Utilization RatioAsset Util. | 0.37 | 0.38 | 0.35 | 0.34 | 0.35 | 0.35 | 0.36 | 0.37 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.40 | 0.41 | 0.42 | 0.42 | 0.43 | 0.44 | 0.45 | ||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||
| Debt Ratio | 0.53 | 0.54 | 0.60 | 0.59 | 0.59 | 0.56 | 0.53 | 0.52 | 0.51 | 0.46 | 0.43 | 0.41 | 0.42 | 0.41 | 0.37 | 0.36 | 0.36 | 0.35 | 0.32 | 0.34 | ||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | -5.66 | 4.56 | 6.61 | 6.41 | 4.30 | 2.97 | 3.13 | 3.31 | 3.59 | 12.16 | 3.93 | 4.01 | 2.34 | 2.74 | 4.31 | 3.31 | 2.70 | 2.76 | 4.49 | 3.70 | ||||||||
| FCF Payout RatioFCF Cover | 0.16 | 0.11 | 0.09 | 0.13 | 0.14 | 0.28 | 0.08 | 0.20 | 0.23 | 0.18 | 0.09 | 0.30 | 0.22 | 0.24 | 0.10 | 0.37 | 0.19 | 0.16 | 0.11 | 0.33 | ||||||||
| Dividend YieldDiv. Yield | 0.05% | 0.06% | 0.07% | 0.09% | 0.10% | 0.08% | 0.12% | 0.09% | 0.10% | 0.10% | 0.11% | 0.12% | 0.12% | 0.13% | 0.18% | 0.13% | 0.14% | 0.18% | 0.20% | 0.24% | ||||||||
| Payout Ratio | -0.18 | 0.22 | 0.15 | 0.16 | 0.23 | 0.34 | 0.32 | 0.30 | 0.28 | 0.08 | 0.25 | 0.25 | 0.43 | 0.37 | 0.23 | 0.30 | 0.37 | 0.36 | 0.22 | 0.27 | ||||||||
| Valuation | ||||||||||||||||||||||||||||
| Price to EarningsP/E | -356.12 | 353.95 | 223.44 | 172.39 | 238.54 | 415.46 | 275.48 | 328.28 | 279.05 | 86.11 | 221.37 | 205.42 | 362.36 | 284.04 | 130.47 | 232.49 | 271.92 | 197.18 | 111.76 | 114.96 | ||||||||
| Price to SalesP/S | 68.03 | 51.00 | 45.72 | 35.77 | 32.88 | 37.23 | 39.86 | 53.86 | 48.30 | 49.77 | 46.07 | 44.79 | 45.79 | 40.31 | 32.16 | 44.98 | 41.60 | 29.47 | 25.14 | 21.96 | ||||||||
| Price to BookP/B | 44.79 | 33.37 | 27.53 | 19.31 | 16.96 | 18.63 | 20.40 | 24.83 | 21.40 | 17.49 | 16.69 | 15.03 | 14.84 | 13.55 | 10.86 | 14.09 | 13.07 | 9.70 | 8.70 | 7.50 | ||||||||
| Enterprise Value | 16.95B | 13.33B | 12.47B | 9.50B | 8.75B | 10.61B | 12.44B | 15.90B | 14.74B | 15.39B | 15.42B | 14.74B | 15.28B | 14.04B | 11.83B | 16.29B | 15.46B | 11.42B | 10.56B | 8.87B | ||||||||
| EV to EBIT | -451.44 | 307.96 | 220.31 | 170.54 | 157.53 | 260.34 | 189.08 | 298.29 | 200.10 | 407.47 | 167.75 | 183.90 | 222.58 | 228.59 | 102.73 | 192.91 | 182.93 | 145.43 | 83.62 | 100.14 | ||||||||
| EV to EBITDA | -451.44 | 307.96 | 220.31 | 170.54 | 157.53 | 260.34 | 189.08 | 298.29 | 200.10 | 407.47 | 167.75 | 183.90 | 222.58 | 228.59 | 102.73 | 192.91 | 182.93 | 145.43 | 83.62 | 100.14 | ||||||||
| Market Capitalization | 17.10B | 13.65B | 12.60B | 9.60B | 8.82B | 10.68B | 12.53B | 15.98B | 14.81B | 15.46B | 15.56B | 14.80B | 15.35B | 14.10B | 11.92B | 16.38B | 15.62B | 11.54B | 10.66B | 9.02B | ||||||||
| Price to FCFP/FCF | 328.94 | 183.97 | 129.13 | 148.57 | 139.88 | 349.52 | 72.88 | 217.07 | 227.24 | 190.96 | 77.28 | 248.68 | 182.06 | 185.35 | 55.07 | 287.34 | 141.15 | 84.75 | 56.76 | 141.39 | ||||||||
| EV to FCF | 325.95 | 179.54 | 127.80 | 147.12 | 138.72 | 347.20 | 72.34 | 215.96 | 226.22 | 190.12 | 76.58 | 247.83 | 181.21 | 184.51 | 54.69 | 285.77 | 139.66 | 83.85 | 56.20 | 139.08 | ||||||||
| EV to CFO | 290.21 | 165.31 | 122.55 | 141.82 | 125.96 | 293.72 | 70.59 | 197.28 | 202.45 | 176.81 | 75.24 | 235.59 | 177.40 | 171.97 | 53.93 | 266.63 | 132.82 | 80.64 | 54.59 | 124.08 | ||||||||
| Return Ratios | ||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -14.93% | 16.16% | 20.54% | 20.77% | 20.70% | 14.20% | 20.92% | 17.96% | 24.03% | 12.16% | 27.22% | 24.27% | 20.48% | 17.56% | 31.09% | 23.19% | 22.50% | 20.05% | 29.77% | 21.57% | ||||||||
| Return on Capital Employed [ROCE]ROCE | 5.54% | 4.82% | 4.16% | 4.65% | 8.44% | 8.43% | 8.87% | 8.73% | 9.46% | 9.35% | 10.27% | 11.25% | 10.95% | 11.69% | 13.04% | 12.90% | 13.37% | 14.22% | 14.76% | 14.73% | ||||||||
| Return on Invested Capital [ROIC]ROIC | 5.59% | 5.55% | 5.12% | 4.81% | 8.65% | 7.98% | 8.02% | 7.97% | 8.48% | 17.42% | 17.01% | 17.85% | 17.50% | 9.90% | 11.15% | 11.21% | 11.30% | 11.77% | 12.33% | 12.31% | ||||||||
| Return on Assets [ROA]ROA | 4.50% | 3.79% | 3.31% | 3.36% | 6.19% | 5.70% | 5.21% | 4.97% | 5.50% | 10.12% | 10.54% | 11.34% | 10.95% | 6.90% | 7.51% | 7.44% | 7.81% | 7.91% | 7.96% | 8.16% |