Bentley Systems

Bentley Systems

Software
Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation, project management, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. Bentley’s largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

$9.7B

Market Cap • 10/2/2026

1987

(39 years)

Founded

2020

(6 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

8,1

P/S

6,1

P/EBITDA

21,9

P/OCF

18,6

P/FCF

19,5

P/E

35,4

BVPS

4

EPS

0,9

Market Cap

Market Cap

9,7B

EV

10,9B

EV/Revenue

6,8

EV/EBITDA

24,4

EV/EBIT

28,7

Payout

Dividend Per Share

0,3

Dividend Yield

0,8%

Buyback Yield

2,3%

Total Yield

3,2%

Dividend Yield 5Y

0,6%

Payout

29,3%

Retained Earnings

-63,4M

Profitability

Gross Margin

81,8%

EBITDA Margin

27,7%

EBIT Margin

23,6%

Net Margin

18,1%

D&A/EBITDA

7,4%

R&D/Revenue

20,3%

Capex/Revenue

1,5%

Capex/D&A

36,6%

Capex/OCF

4,7%

SBC/OCF

15%

% PPE

2,4%

% Goodwill

68,9%

ROE

24,5%

ROIC

9,8%

Growth

CAGR Revenue 5Y

13%

CAGR Op. Income 5Y

20,5%

CAGR Net Income 5Y

12%

CAGR EPS 5Y

12,3%

CAGR OCF 5Y

14%

Leverage

N.D./EBITDA

2,5

Debt/Equity

0%

Current Ratio

0,6

Quick Ratio

0,5

Interest Coverage

1686,1%

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